Please fwd. to our illustrious dolt Treas. Sec..Timmy Geithner
http://thehill.com/blogs/on-the-money/budget/156747-geithner-no-risk-that-us-loses-its-top-credit-rating
'No risk' the US will lose its top credit rating, says Treasury's GeithnerBy Michael O'Brien - 04/19/11 10:33 AM ET
Treasury Secretary Tim Geithner said Tuesday there is "no risk" the U.S. will lose its top credit rating amid a new analysis that revised its outlook on American debt to "negative."Geithner took to the airwaves of financial news networks to push back against a report Monday by Standard & Poor's that lowered its outlook on U.S. debt to "negative," reflecting political uncertainty over whether lawmakers will reach an agreement to address long-term debt.
Recent news from The Hill:
S&P downgrades US credit rating to AA+
Treasury: S&P's downgrade based on $2T error
There is no chance that the U.S. will lose its top credit rating, Geithner said, forcefully disputing the notion that S&P or other ratings services might downgrade U.S. bonds from their current AAA rating.
"No risk of that, no risk," Geithner said on the Fox Business Network.
*****
AG Holder, Treas. Sec. Geithner, think they should be fired? hung? all the above?
They just exude competence....
