‘Stunning Lack of Knowledge’: Geithner Slams S&P for Showing ‘Terrible Judgment’
- Posted on August 7, 2011 at 10:55pm by
Scott Baker
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AP
WASHINGTON (AP) — The credit rating agency Standard & Poor’s showed “terrible judgment” in lowering the U.S. government’s credit rating, Treasury Secretary Timothy Geithner said Sunday.
“They’ve handled themselves very poorly. And they’ve shown a stunning lack of knowledge about the basic U.S. fiscal budget math,” Geithner said in his first public comments about the credit rating decision.
Interviewed on CNBC, Geither said that U.S. Treasury securities were just as safe now as they were before S&P announced its downgrade. He predicted that China and investors would remain strong purchasers of U.S. government debt.
Republicans have blamed President Barack Obama for the first-ever downgrade of the government’s credit rating.
But Geithner said Congress owns the credit rating because the Constitution gives Congress the power to tax and spend.
Late Friday, S&P announced it was lowering its rating for U.S. debt one notch from AAA to AA+.
The other two major credit rating agencies, Moody’s Investor service and Fitch Ratings, have not lowered their AAA ratings, although they have warned of a possible downgrade if more is not done to deal with soaring federal deficits.
The rating agencies were sharply criticized after the 2008 financial crisis for continuing to give top ratings securities backed by subprime mortgages. When the mortgages went bad, investors lost billions of dollars and the resulting financial crisis sent the country into a deeper recession.
Geithner alluded to those problems in his interview Sunday, saying about the credit agencies: “Look at the quality of judgments they’ve made in the past.”
The administration has also accused S&P of a $2 trillion error in its estimate of the size of the deficits over the next decade because the agency made a fundamental error in interpreting budget projections of the Congressional Budget Office.
S&P officials say they changed the part of the draft press release where Treasury said it discovered the mistake but that this did not alter their basic assessment.
S&P said the political “brinksmanship” on display in the prolonged battle over the raising the nation’s borrowing limit underscored a deep divide between the political parties that raised concerns over the ability of Congress to come up with a credible plan to deal with the long-term deficit problem.
S&P had been warning for months of a possible downgrade and said that a credible plan would need to achieve $4 trillion in deficit reduction. The plan that Congress passed last week seeks to achieve between $2.1 trillion and $2.4 trillion in deficit cuts.
Geithner refused to forecast whether the credit downgrade would result in higher interest rates for the government, businesses and consumers.
But he said, “I think everyone can be confident around the world, that Treasuries are the … most liquid, the strongest place to put your money at a time like this.”
He said he had “absolutely no concern” that China, the largest foreign holder of U.S. government debt, would stop buying that debt.
“They‘ve been very strong and I’m sure they’ll be strong investors in the U.S. going forward as will investors around the world,” he said.
A critical editorial by China’s state-run news agency on Saturday said that the United States must “cure its addiction to debts.”
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Comments (329)
SFsuper49er
Posted on August 7, 2011 at 11:26pmGeithner is a nut case… The country is almost 15,000,000,000,000 dollars in debt and a debt ceiling deal that sucks and he has the nerve to question why S&P downgraded the credit rating. He is lucky all the others didn’t fallow suite. This guy has some nerve… Just like the guy said earlier. This is an incredibly blackened pot calling a kettle black.
Report Post »SFsuper49er
Posted on August 7, 2011 at 11:32pmAll this… and he still chooses to spin it…
Report Post »jb.kibs
Posted on August 7, 2011 at 11:45pmso, it’s a “terrible judgement” for anyone to think that “spending 100% of what you earn” is bad? interesting…
Report Post »WatchingThePuppetShow
Posted on August 7, 2011 at 11:46pmJust like my kids…it‘s always someone else’s fault. All part of their plan to crash the dollar so they can implement their One World Government.
Report Post »Professional Infidel
Posted on August 7, 2011 at 11:47pmcouldn’t push the right tax form key, and he can figure out how to point his finger pretty well, for a white boyl
Report Post »Marci
Posted on August 7, 2011 at 11:54pm“He predicted that China and investors would remain strong purchasers of U.S. government debt.”
Well gee Timmy, that’s something we can look forward to. More hope and change. How about we stop having people BUY our debt and we actually pay it off???
Report Post »tketterer
Posted on August 7, 2011 at 11:57pm“They’ve handled themselves very poorly. And they’ve shown a stunning lack of knowledge about the basic U.S. fiscal budget math,” Geithner said in his first public comments about the credit rating decision.
Change “they’ve” to We’ve and “themselves” to ourselves.
Report Post »OneFunR6
Posted on August 8, 2011 at 12:34amI have a simple question for little Timmy, that I‘m quite sure he CAN’T ANSWER.
What’s the difference between a One dollar bill and a One Hundred dollar bill?
TWO ZEROS.
Report Post »Shiroi Raion
Posted on August 8, 2011 at 12:34amGeithner’s original quote:
Report Post »Timmy! Timmy! Gobbles! Timmy! Timmy! Timmy!
translation:
Timmy smart! S&P dummies! Timmy!
The10thAmendment
Posted on August 8, 2011 at 12:55amMy God is this guy a complete and utter flake. Geithner wouldn’t know the difference between black ink and red ink if his life depended on it. It’s his judgment, along with Bernake, and the entire progressive financial idiocy that is terrible.
My children, not even of school age could teach this clown economics. Then again, he’s a progressotard, so teaching them would be equal to trying to teach a whole community of village idiots.
Report Post »MIBUGNU2
Posted on August 8, 2011 at 12:56amTimmy, the only “Terrible Judgment’ I see here, is this
Report Post »Administration running this Country…See Ya, Goodbye !!
Jaycen
Posted on August 8, 2011 at 12:59amTerrible judgment. Yes, that’s what the Administration has demonstrated for 30 straight months.
Report Post »Orion the truth hunter
Posted on August 8, 2011 at 1:17amLassie: Woof, Woof, Woof!
Report Post »Obama: Whats that Lassie, Timmy fell down a hole and got downgraded?
G3L
Posted on August 8, 2011 at 1:25amLook at the great job you and your administration done. Because you know so much. Thanks to you and obama we are in this mess. It is all part of your plan to take down America.
Report Post »408 CheyTac
Posted on August 8, 2011 at 1:28amGlad he isn’t leaving. timy-boy s one of my favourite clown-acts.
Besides, with the messiah picking the replacement, just what would make you think they would be any better?
Report Post »FormerLib
Posted on August 8, 2011 at 1:32amStunning lack of judgment? My, these people are the absolute masters of projection, aren’t they?
Report Post »IntransigentMind
Posted on August 8, 2011 at 1:37amThe slaughter may start at 930am sharp on Wall Street.
Report Post »http://markamerica.com/2011/08/08/monday-morning-what-awaits-at-the-market-open/
El Pistoffo
Posted on August 8, 2011 at 2:44amso, it’s a “terrible judgement” for anyone to think that “spending 100% of what you earn” is bad? interesting
actually we are spending over 150% of what we make.
Report Post »gotta light
Posted on August 8, 2011 at 3:23amMaking Little Timmie Geithner Sec of the Treasury is terribl judgement!
When you are wrong about everything, everyday, day in, day out for not weeks but for months and years and someone gives you a job like Geithner’s… THAT TERRIBLE JUDGEMENT!
Putting a person who doesn’t pay his taxes in charge of the IRS…. THAT’S A TERRIBLE DECISION!
Downgrading the US’s credit rating…. it’s almost appropriate.
Hey bud gotta light?
Report Post »Applehead
Posted on August 8, 2011 at 5:23amThe lefts answer to everything they don’t like is to Saul Alinsky it!!! Its about time conservatives inform our luke warm Americans that believe everything they hear on TV what they are doing so it can be taken away like Obama saying “That Our Salvation is Collective!” You hit them hard enough on it and it goes away or becomes ineffective!!! Tim looks like an Evil Elf!
Report Post »Polwatcher
Posted on August 8, 2011 at 5:49amGeithner is a creepy jerk. He (and his boss) are a big part of the reason we have all this financial trouble and he is criticizing S&P for calling him on it?
Report Post »GeorgieJo
Posted on August 8, 2011 at 6:02amSorry Timmy Turbo—–IT was horrible lack of judgement when Obummer picked you as Sec of $ and worse when the Senate confirmed you. STOP SPENDING USA is BROKE
Report Post »CatholiConservative
Posted on August 8, 2011 at 7:08amI ran this article through my rush limbaugh liberal-eeze translator app – & it says Timmy dumb, chinacwill stop buying our debt (once they crash our economy) and s&p showed solid good judgement to downgrade a nation that spends soon to be more than what it TAKES in.
Report Post »So
Posted on August 8, 2011 at 7:18amThe guy that “FORGOT” to pay his taxes and led us into this mess is pointing the finger at S & P as having a stunning lack of knowledge?
WHY isn’t he gone? Why is he still here?
Report Post »TheTruthPlease
Posted on August 8, 2011 at 7:22amWelcome to the beginning of the end…
Report Post »GettinReady
Posted on August 8, 2011 at 7:29amReally, Turbo Tim! Really? It is not what you and Obama have done? Really? We are now officially in the Twilight Zone and I don’t mean look out for vampires!
Report Post »So
Posted on August 8, 2011 at 7:42amThe only stunning lack of knowledge and terrible judgement I’ve seen is from T.G. and the Obama administration.
I wish we could oust them all!
Report Post »Libby Tarian
Posted on August 8, 2011 at 8:18amPlease don’t tell Obama and Geithner what comes after a Trillion.
Report Post »darkrage000
Posted on August 8, 2011 at 8:29am@Libby Tarian
Posted on August 8, 2011 at 8:18am
Please don’t tell Obama and Geithner what comes after a Trillion.
~~~~~~~~~~
We dont need to.. they will soon find out if things keep going the way they are.
Report Post »Swamp B Gummer
Posted on August 8, 2011 at 9:18amTimmy to Obama = pass me some more bacon flavored vaseline.
Report Post »Secret Squirrel
Posted on August 8, 2011 at 9:32am.
Not only is Giethner an idiot, he is a pompous idiot.
Sure, when my credit card is canceled, can I just blame the credit card company?
“The smartest man in America”, what a steaming pile of …………socialists.
Report Post »michael48
Posted on August 8, 2011 at 9:44amimmature, amatuer, Marxist , spoiled little parasites= Omama and his merry “cradle to grave” BLOODSUCKING ,meaningless, MORONS…and the first word out of these IDIOTS..“Raise Taxes”….well the final word from those of us who PAY TAXES….AIN’t PAYING…should be no confusion there …Right??? COMRADES…
Report Post »HairOfTheDogSob
Posted on August 8, 2011 at 9:55amThey gave g five months warning ..how much to cut, how much to reappropriate..but its S&P fault for not listening..this is the dumocrat mind set..
Report Post »SFsuper49er
Posted on August 8, 2011 at 10:06amTimothy… If the average working American owes the IRS 15,000,000,000,000 Dollars can we blame the IRS for it and not have to pay it back? Isn’t that what your doing blaming S&P? Do you really think Americans are that Dumb? Mr. Beck… Does the Obama Administration really think Americans are that Dumb?
Report Post »Jaycen
Posted on August 8, 2011 at 10:08am@jb.kibs
Actually, it’s bad judgment to spend 140% of what you earn, which is what our Federal Government is doing right now.
Report Post »old white guy
Posted on August 8, 2011 at 10:29amwhat more can be said about the fool geithner. words have been exhausted. these people should be in prison. obama with them. what a bloody joke.
Report Post »mikem1969
Posted on August 8, 2011 at 10:32amTax cheat Geithner, you oviously never took an economics 101 course and clearly don’t understand finances. What did you think would happen after you and your lib progressive buddies devalued the dollar with qe1 and qe2 driving inflation up but no longer counting the price of food and energy as inflationary measures, not to mention the constant over spending by washington and washington never balancing their budget like millions of americans have to do each day, week, month, year. Washinton’s credit card needs to be permanently revoked and they need to be allowed to spend NO MORE THAN WHAT THEY BRING IN. Here are a few ideas to cut the budget. 1) Stop all SS payments, medicare and medicaid payments, welfare and foodstamp payments to ALL ILLEGALS. 2) Reform ALL ENTITLEMENT PROGRAMS SO THEY ACTUALY WORK TO GET PEOPLE OFF THE SYSTEM INSTEAD OF ENSLAVE THEM TO IT. 3) lower taxes and loose regulations on businesses so the private sector can create more jobs thus generating more tax revenue both in paychecks and consumer spending. Common sense.
Report Post »HairOfTheDogSob
Posted on August 8, 2011 at 10:40amThe object of dumming down the dem voter has on fact succeeded
Report Post »HairOfTheDogSob
Posted on August 8, 2011 at 10:44amSpeak up here dumocrat..tim is bary’s choice
Report Post »Patrick in AZ
Posted on August 8, 2011 at 11:12am“They’ve handled themselves very poorly. And they’ve shown a stunning lack of knowledge about the basic U.S. fiscal budget math,”
Report Post »———————————-
Math is math; 2+2=4 – if we use some sort of different math for the US budget, than that is just an admission that they are playing games.
imreddog
Posted on August 8, 2011 at 12:19pmThis is a clear example of just how out of touch with reallity the Demoncraps and RINO’s are. What the he!! did they expect would happen when they raised the debt limit without a plan the stop the spending? The only thing that the Obamaites understand is socialism… they have absolutely no understanding of how this Republic operates or the economy. These idiots think that you can spend your way into prosperity. If that were true then everybody should get all of the credit cards that they can and max them out… holy cow, how can anybody be that stupid?
Report Post »lillymckim
Posted on August 8, 2011 at 2:35pm“AND OBAMA EXPRESSES HOPE CREDIT DOWNGRADE WILL GIVE URGENCY TO SOLVING DEBT PROBLEMS” “quote”
I can‘t stop laughing because I REALLY can’t believe it came out of OBAMAS mouth!!!
Report Post »urgency????? he said “urgency” ???? to WHO?
Libertarian
Posted on August 8, 2011 at 5:26pmListen to his words “But he said, “I think everyone can be confident around the world, that Treasuries are the … most liquid, the strongest place to put your money at a time like this.”
He said he had “absolutely no concern” that China, the largest foreign holder of U.S. government debt, would stop buying that debt.”
That is the problem! He had no concern that the current and largest holder of foreign us debt would continue to buy our securities! So, as long as China continues to buy our debt, we’re cool?
Geithner (TS) and many other Keynesian talking heads have tunnel vision, they are so absorbed by micro-economics, the basics (balance the check book) balancing the budget is off the table. They view the budget as a portfolio and not as a budget. Why gamble when we can live within our means?
Its frustrating to watch.
Report Post »OneFunR6
Posted on August 8, 2011 at 10:49pmTheTruthPlease,
No, unfortunately this is NOT the beginning of the ‘end’,……….
Winston Churchill said it best -
“Now this is not the end. It is not even the beginning of the end. But it is, perhaps, the end of the beginning.” ~ Winston Churchill
Report Post »barber2
Posted on August 7, 2011 at 11:23pmGet ready for the parroted media “Blame Standard & Poor’s ” tomorrow. ( aded ,of course, to the usual Tea Party/Republicans ) From an old ad: It’s not nice to mess with Mr. Obama’s administration”…… they strike back.. learned that from the gang/ godfather/union schoolbook…
Report Post »Snowleopard {gallery of cat folks}
Posted on August 7, 2011 at 11:58pmI will not be suprised one bit if Mr Obama makes a statement that drives the markets into an utter panic and collapse; then when the chain of collapse continues, he will impose some kind of national emergency and move swiftly to consolidate absolute power.
We may now be on the edge of a true coup by the administration of the Constitution; and then after that will come a darkness of iron and blood we will not awaken from again.
Report Post »OneFunR6
Posted on August 8, 2011 at 11:00pmSNOW –
There’s a little time left, ‘they’ still have to PROFIT off of the collapse, and so must ‘control’ how fast it happens,..
then, when they have the last pieces in place, poof, just like magic….
one thing they WILL need is for States, like CA to go [be FORCED] “under” bankruptcy….
Report Post »gfmucci
Posted on August 7, 2011 at 11:22pmGeithner is acting like an addict reufusing to admit his addiction. Denial and blame are a huge trademark. Just back off the spending and the problems go away.
Report Post »Autumknight
Posted on August 7, 2011 at 11:32pmThis is all happening by design. He sounds stupid, but when you factor in that they want this to happen it all makes sense.
Report Post »65Mustang
Posted on August 8, 2011 at 5:36pmMr. Geithner is a product of his generation that was taught that it is okay to lie, cheat and steal their way through school, college and any higher level of learning. No morals, decency or remorse.
Report Post »Keith Wilson
Posted on August 7, 2011 at 11:21pmGeithner and crew have never been right on anything and they sit in judgement of S&P. What a joke. It must be the Tea Party that did it, they say. These fools in DC can’t accept responsibility for anything.
We need some adults to take over in DC before it is to late.
Report Post »OneFunR6
Posted on August 7, 2011 at 11:43pmSooo, sorry,………. it’s already too late.
Report Post »Srtalbottsafety
Posted on August 8, 2011 at 1:46am. . . “They’ve handled themselves very poorly. And they’ve shown a stunning lack of knowledge about the basic U.S. fiscal budget math . . .”
The Tax Cheat is saying this about the S&P; Funny, many Americans have been saying this about the Federal Government for a long time. This problem did not take anyone who manages household finances by surprise. Larry Burkett stated in 1994 (The Coming Economic Earthquake) that this process of spending/budgetary irresponsibility could not possibly be self-sustaining. Everyone hold on to your hats, because we are in for a ride . . . I hope that each of you is prepared for what follows.
I have contacted each of GA‘s Senators and my district’s Representative, and have respectfully advised them that they have received a vote of “NO CONFIDENCE” from many Georgians. I recommend that all of the readers here do the same.
Report Post »toto
Posted on August 7, 2011 at 11:21pmThese people in Obama’s administration are not smart, nor do they have common sense. Ad a lack of integrity and amoral values and we get the mess we are in. Hope we survive until 2012.
Report Post »OneFunR6
Posted on August 7, 2011 at 11:45pmI, [insert your name here], am now quite certain the crimes of this guilty land will never be purged away but with blood. I had, as I now think vainly, flattered myself that without very much bloodshed it might be done.”
John Brown – from his own words at his own trial.
Report Post »OneFunR6
Posted on August 7, 2011 at 11:55pmHey, Toto…
Just like with the “civil” war,…
‘this’ has ALWAYS been about STATES RIGHTS verses the FEDERAL Gov.
“Experience hath shewn, that even under the best forms of government those entrusted with power have, in time, and by slow operations, perverted it into tyranny.”
Report Post »~ Thomas Jefferson
Faith1029
Posted on August 8, 2011 at 1:41pmThey know exactly what they are doing. Dumb you say? Crazy like a fox. Agenda!
Report Post »showmerancher
Posted on August 7, 2011 at 11:20pmIf those in power would invest as much time in fixing the problem as they do trying to fix blame, perhaps we would not be in this mess.
What we have is a stunning, catastrophic lack of leadership in both the Executive and Legislative branches of government. Leaders instill the unity of purpose and inspire their followers through the turbulent times. They do not use threats and intimidation; they take responsibility for the problems they face… they do not continually seek to assign blame. These are the people who asked for the job. It doesn’t matter how a problem occurred; it is their job to solve it.
The fact is that leaders are only effective if they are credible, and have the trust of those led. Once trust is lost, it is extremely difficult, and takes much time to regain. Trust in Washington’s leadership, in the President and in the Congress has been lost. There is little hope that our problems can be resolved with the current leadership. This country can either continue to decompose at an accelerating rate and wait until the 2012 elections, hoping that the nation can survive, or we can demand the the President and both the Majority and Minority leaders of both sides of Congress step down now for the good of the nation.
But the greedy, power crazed lot of them will not do that; and America will suffer.
Report Post »OneFunR6
Posted on August 7, 2011 at 11:47pm“Two principles have stood face to face from the beginning of time, and will ever continue to struggle. The one is the common right of humanity and the other the divine right of kings.”
Report Post »~ Abraham Lincoln
OneFunR6
Posted on August 7, 2011 at 11:57pmThese people are not interested in helping anyone but themselves.
They are not interested in protecting or providing for OTHER people’s
FREEDOM to PURSUE LIFE, LIBERTY OR HAPPINESS,
they are only interested in CONTROLing others for their own benefit.
“How fortunate for governments that the people they administer don’t think.”
Report Post »~ Adolf Hitler
flagbearer
Posted on August 7, 2011 at 11:17pmFrankly, something stinks about this whole affair. What is Spooky Dude’s role in it? I have a funny feeling that Obama and Obo-Bot’s anger is all faked. I think they’re delighted. Watch the other hand. Something just isn’t quite right.
Report Post »toto
Posted on August 7, 2011 at 11:23pmI agree.
Report Post »dbdbdb
Posted on August 8, 2011 at 7:48amI also agree.
Report Post »kilwil888
Posted on August 8, 2011 at 12:41pmI had that same thought! What’s Soros up to..he’s been pretty quiet lately.
Report Post »lillymckim
Posted on August 8, 2011 at 2:42pmoh you can bet your azz Spooky Dude “SOROS” has made a profit!
Report Post »jmbogstad
Posted on August 7, 2011 at 11:16pmGiethner claims we should look to the past to evaluate something. How about we look at his past? He could not even figure out “Turbo Tax” properly when doing his own personal taxes, how can he possibly run the economy of the entire country?
Report Post »mwhaley
Posted on August 7, 2011 at 11:49pmRight On…Right On…Right On!
Report Post »shorthanded12
Posted on August 7, 2011 at 11:16pmI still think Timmy “G” looks like a growed up Bart Simpson…can I get a 2nd “I second That Motion”? LOL
Report Post »Mil Mom
Posted on August 7, 2011 at 11:33pmAnd third!
Report Post »BOUGHT YOUR SILO YET?
Posted on August 7, 2011 at 11:16pm“They’ve handled themselves very poorly. And they’ve shown a stunning lack of knowledge about the basic U.S. fiscal budget math…”
Silly Geithner, Standard & Poors doesn’t use “funny math” like you do.
Report Post »Rob_M
Posted on August 7, 2011 at 11:14pmfrom the soros school of economics maybe it’s a bad idea.
Report Post »buster2
Posted on August 7, 2011 at 11:13pmAll of Obama’s advisors are not knowledgeable, but have the same ideology as he does which is to destroy our country. No other explanation for this stupidity.
Report Post »Mil Mom
Posted on August 7, 2011 at 11:29pmEver notice, when facts go against ideaology, the idealogs attack the experts! So S & P just don’t understand the American economy, huh? Must have been educated in the public schools, and didn’t get a Chicago or Harvard re-education! Chevez better hurry his new textbooks to Michille, Ayrs, & Dohrn so we can keep people from knowing that this is bad!
Report Post »TRONINTHEMORNING
Posted on August 7, 2011 at 11:11pmGood grief, this little puke just won’t go away. Go away, Timmy! You are not wanted ANYWHERE near our money. Out already!
Report Post »CultureWarriors
Posted on August 7, 2011 at 11:11pmNo, it‘s TERRIBLE JUDGMENT to spend money you don’t have you moron. We are currently spend 4.1 BILLION DOLLARS A DAY THAT WE DON’T HAVE. THAT IS A CRIME AGAINST OUR CHILDREN! PEOPLE SHOULD BE IN JAIL!
Report Post »UBETHECHANGE
Posted on August 7, 2011 at 11:10pmCheck out this story…sounds fishy to me. http://www.guardian.co.uk/world/2011/aug/04/police-raid-milan-moodys-standard-poors
Report Post »capitalismrocks
Posted on August 7, 2011 at 11:10pmYes – this revelation from the man who doesn’t know how to properly use an off the shelf Tax preparation program, I have such confidence that he knows better…. (NOT!)
Report Post »banjarmon
Posted on August 7, 2011 at 11:09pmGeither is a BO-BOT
Report Post »AmericanStrega
Posted on August 7, 2011 at 11:09pm“He predicted that China and investors would remain strong purchasers of U.S. government debt”. HEY Buster, STOP CREATING THE DEBT! Pretty soon, if it isn’t in the works already, China and the other investors of our debt will come for our houses, income, food stores, water rights, toilet paper…QUIT SPENDING OUR MONEY. Elf.
Report Post »OnfireNY
Posted on August 7, 2011 at 11:09pmIsn’t it amazing how Geithner can say how wrong S&P is for the down grade and how they missed the housing bubble, but he could not see either coming and change course so either wouldn’t happen.
Report Post »ICANHANDLETHETRUTH
Posted on August 7, 2011 at 11:07pmHis thinking defies logic !!!!!!!!! nuff said
Report Post »gunther444
Posted on August 7, 2011 at 11:07pmBad Judgement? This is an incredibly blackened pot calling a kettle black.
Report Post »Blue Collar Conservative
Posted on August 8, 2011 at 2:14amDitto
Report Post »toto
Posted on August 7, 2011 at 11:07pmThese people keep saying dumber and dumber stuff. I hope they keep it up. They are making the people that have supported them cringe. They are either dumb or evil, maybe both.
Report Post »zoo9guy
Posted on August 7, 2011 at 11:03pmGeithner is a douche and should be dragged kicking and screaming to prison for what he has done….lock him up and throw away the key.
Report Post »shorthanded12
Posted on August 7, 2011 at 11:34pmyour right but a few others need to line up and go with him, Dodd, Frank, Paulson, Greenspan thats just a start.
Report Post »buckster6.0
Posted on August 7, 2011 at 11:01pmFool.
Report Post »Simpleman78
Posted on August 7, 2011 at 10:59pmGeithner is a tool. This clown doesn’t even know how to use TurboTax. Why is it everybody is stupid but those in Lord Barry’s regime?
Report Post »Anarcho Capitalist
Posted on August 7, 2011 at 11:02pmSilence Mundane!
Report Post »shorthanded12
Posted on August 7, 2011 at 11:04pmSo true…LOL
They’ve handled themselves very poorly. And they’ve shown a stunning lack of knowledge about the basic U.S. fiscal budget math,” Geithner said
The TAX man should have told Timmy the same thing when he blamed his tax evasion on Turbo Tax. Such lame ass politicians..they have an excuse for everything and blames everybody else.
Report Post »BioGrown
Posted on August 7, 2011 at 11:07pmExactly! It seems they cannot take fault for their actions. They are always the “victim”.
Report Post »Dustyluv
Posted on August 7, 2011 at 11:08pmTiny Tim Tax Cheat! And what kind of judgement did thee Obama administration show by hiring him???
Talk about DUMB!!
Report Post »ProbIemSoIver
Posted on August 7, 2011 at 11:27pmI went to my bank today, to get a loan of $100,000.
Report Post »I have no Credit.
I have no job.
I have no money.
I have no collateral.
They did not loan me the money.
They have made a Terrible Judgment.
Mil Mom
Posted on August 7, 2011 at 11:39pm@ProbIemSoIver
Report Post »Posted on August 7, 2011 at 11:27pm
I went to my bank today, to get a loan of $100,000.
I have no Credit.
I have no job.
I have no money.
I have no collateral.
They did not loan me the money.
They have made a Terrible Judgment
***
Just call “Uncsle Jesse” or the ACLU! Problem solved! How dare they, when ALL money comes from “Uncle Timmy” !
OneFunR6
Posted on August 8, 2011 at 12:01amOh, LOOK – GOLD at new record HIGHS!
Move along, nuthin’ to see there…….
$1,700.30 PER OZ.
Report Post »OneFunR6
Posted on August 8, 2011 at 10:55pmOh, LOOK – GOLD at new record HIGHS!
NOW ALMOST $1,750.00 !!!!!!!!!!!!!!!!!!!
@ $1,746.92 PER OZ.
Move along, STILL nuthin’ to see here…….
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