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'No risk' the US will lose its top credit rating, says Treasury's Geithner (Flashback!)
The Hill ^ | 8/5/11 | Michael O'Brien

Posted on 08/05/2011 6:47:47 PM PDT by Nachum

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.

(Excerpt) Read more at thehill.com ...


TOPICS: News/Current Events
KEYWORDS: bonds; credit; currency; dollar; economy; geithner; obamaliescreditdies; rating; treasurys
Hey Timmy... We need more cowbell!
1 posted on 08/05/2011 6:47:51 PM PDT by Nachum
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To: Nachum

Guess he hadn’t upgraded to the latest version of Turbo Tax when he said it.


2 posted on 08/05/2011 6:48:36 PM PDT by dfwgator
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To: Nachum

You beat me by a minute!


3 posted on 08/05/2011 6:49:35 PM PDT by Carling (At some point, those surrounding Obama have to realize that they are working for a psychopath)
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To: Carling

Ha! Great minds think alike :)


4 posted on 08/05/2011 6:51:20 PM PDT by Nachum (The complete Obama list at www.nachumlist.com)
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To: Nachum
Banana Republics of America...


5 posted on 08/05/2011 6:51:30 PM PDT by Dallas59 (President Robert Gibbs 2009-2011)
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To: Nachum

Three same articles within 90 seconds. Well done for being the first.


6 posted on 08/05/2011 6:51:41 PM PDT by LdSentinal
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To: Nachum

Geithner should resign by Monday.


7 posted on 08/05/2011 6:53:02 PM PDT by LdSentinal
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To: Nachum

bump


8 posted on 08/05/2011 6:54:19 PM PDT by ken21 (ruling class dem + rino progressives -- destroying america for 150 years.)
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To: Nachum
Another flashback

Sunni Cleric: Allah Will Send an 'American Gorbachev' to End the American Empire Soon MEMRI TV ^ | May 19 08

Posted on Monday, May 19, 2008 12:38:51 PM . . .

To: camerakid400

BARRYSTROIKA

17 posted on Monday, May 19, 2008 12:50:59 PM by DainBramage

Here

9 posted on 08/05/2011 6:55:54 PM PDT by WilliamofCarmichael (If modern America's Man on Horseback is out there, Get on the damn horse already!)
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To: LdSentinal

Why bother... they will just install another Goldman Sachs dipsh*t via the revolving door who doesn’t know jack & will screw up the markets.


10 posted on 08/05/2011 6:56:52 PM PDT by Minus_The_Bear
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To: Nachum
So … for the first time in history the US is downgraded from AAA because government spending is not reduced and balanced to income.

To help get our economy moving in the right direction, click here to donate to Free Republic.
Please contribute today!

11 posted on 08/05/2011 6:59:47 PM PDT by vox_freedom (America is being tested as never before in its history. May God help us.)
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To: Nachum

Turbo Timmy needs to go.


12 posted on 08/05/2011 7:00:15 PM PDT by MsLady (Be the kind of woman that when you get up in the morning, the devil says, "Oh crap, she's UP !!")
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To: MsLady

Former New Jersey Gov. Corzine is next... will he be any better? He is a known crook.


13 posted on 08/05/2011 7:01:29 PM PDT by Minus_The_Bear
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To: Nachum

Timmy doesn’t even know how to pay his own damn taxes, yet this guy is in charge of our Treasury..get rid of his stupid ass, and send Obama and Biden with him


14 posted on 08/05/2011 7:01:59 PM PDT by Sarah Barracuda
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To: Nachum
He should become an FR - he might learn something.

"US Long-Term Rating Lowered To 'AA+' Due To Political Risks, Rising Debt Burden; Outlook Negative

15 posted on 08/05/2011 7:02:09 PM PDT by SkyDancer (You know, they invented wheelbarrows to teach government employees how to walk on their hind legs.)
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To: Nachum

Someone needs to get a pin slip...


16 posted on 08/05/2011 7:02:13 PM PDT by celtic gal
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To: Nachum

THANKS!

I’m battling the libtards on Facebook! This was a great help!


17 posted on 08/05/2011 7:02:58 PM PDT by TSgt (When in the Course of human events...)
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To: Nachum

No wonder he wanted to resign in the short term. We’ll see if he actually stays as the 0 Administration desires.

I’m livid over where 0 and his regime are taking our country. We need to see a redoubled Tea Party effort to right the course of America.

Palin ‘12!!!


18 posted on 08/05/2011 7:03:27 PM PDT by PreciousLiberty
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To: Nachum

Yea Timmy you sure nailed that one. Putz.


19 posted on 08/05/2011 7:03:41 PM PDT by Graneros ("It is no exaggeration to say that the undecided could go one way or another.")
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To: celtic gal

That should say Pink Slip, Timothy....Tiny Tim...Tax Cheater


20 posted on 08/05/2011 7:03:53 PM PDT by celtic gal
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To: TSgt

Hehehehe... tell them they need more cowbell!

http://www.youtube.com/watch?v=_Mie9hhQTUM


21 posted on 08/05/2011 7:04:36 PM PDT by Nachum (The complete Obama list at www.nachumlist.com)
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To: Nachum

Shut up and pay your taxes, Timmy.


22 posted on 08/05/2011 7:06:37 PM PDT by beethovenfan (If Islam is the solution, the "problem" must be freedom.)
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To: Nachum
Yes the cream scum keeps rising to the top in the DC land of the incompetents.
23 posted on 08/05/2011 7:27:06 PM PDT by tflabo ( to have been selected)
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To: Nachum

It’s George’s fault.... this one...

http://www.youtube.com/watch?v=L7yyah-j7b4


24 posted on 08/05/2011 7:28:52 PM PDT by tflabo ( to have been selected)
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To: Nachum
I'm reminded of Barney Frank assuring one and all that Fanny Mae was "fundamentally sound" not long before TSHTF.

The best one can say for Timmy and Barney is that they are clueless to developing events, if we take them at their word. I don't take them at their word. I'm increasingly convinced there is something more sinister afoot with these political elite progressives.

25 posted on 08/05/2011 7:37:39 PM PDT by steelyourfaith (If it's "green" ... it's crap !!!)
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To: Nachum
zerohedge said the same on tweeter.

@zerohedge zerohedge No S&P downgrade rumor 12 hours ago via TweetDeck

26 posted on 08/05/2011 7:57:21 PM PDT by Orange1998
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To: Nachum

Every single word from Geithner, Bernanke, Paulson and Greenspan was a lie. Every single word. They are paid lying shills hired to propagate the big lie that fits the coming socialist agenda. Every single word.


27 posted on 08/05/2011 8:16:07 PM PDT by Freedom_Is_Not_Free (SP12: They called Reagan "unelectable", too.)
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To: vox_freedom

Wow, Obama’s bus trip through the heartland should be interesting. What does he tell people?


28 posted on 08/05/2011 8:49:49 PM PDT by Mike Darancette (Obama, eat your GOPeas.)
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To: Nachum

People should be careful as to what they wish for. Geithner’s whole background is that of a man who can win trade and currency wars. Those trade and currency wars are inevitable. They’re going to happen.


29 posted on 08/05/2011 9:07:22 PM PDT by familyop ("Plan? There ain't no plan!" --Pigkiller, "Beyond Thunderdome")
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To: Mike Darancette
Wow, Obama’s bus trip through the heartland should be interesting. What does he tell people?

"Please stop pelting the bus with rocks and offal"

30 posted on 08/05/2011 9:23:37 PM PDT by Dr.Deth
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To: tflabo
Yes the cream scum keeps rising to the top in the DC land of the incompetents.

I hate to break it to you, but Giethner is the cream in Washington. That's how bad everything else is there.

31 posted on 08/05/2011 9:28:35 PM PDT by mlocher (Is it time to cash in before I am taxed out?)
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