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Geithner to Europe: Day Late, Euro Short
Fox Busniess ^ | 9-26-2011 | By Elizabeth MacDonald

Posted on 09/26/2011 4:22:24 PM PDT by Carbonsteel

Treasury Secretary Timothy Geithner said Europe is trying to move forcibly to fix its debt crisis, reports Dow Jones Newswires, the sister company to FOX Business.

"I think they are moving--they are certainly trying to signal more commitment--to put more force behind their efforts to try to deal with the financial crisis they are facing," Geithner said after touting President Barack Obama’s jobs bill at a United Parcel Service (UPS) package-handling facility.

The problem is moribund, state-run economies. Talk now of blowing out the European Union’s rescue fund to quadruple the size of its original $600 billion means Germany and France will have to do more to back up an even bigger fund.

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


TOPICS: Business/Economy; Culture/Society; Foreign Affairs; Government
KEYWORDS: food; hyperinflation; oil; superstimulus
"The problem is moribund, state-run economies."
1 posted on 09/26/2011 4:22:29 PM PDT by Carbonsteel
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To: Carbonsteel

This punk-arsed b!tch should be in prison... TODAY!

LLS


2 posted on 09/26/2011 4:33:22 PM PDT by LibLieSlayer (Is the person that you support a Crony Capitalist... A.K.A. CRAPITALIST?)
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To: Carbonsteel

Timmy needs to crawl into a hole. Stop screwing up everyone else’s life you friggin sicko.


3 posted on 09/26/2011 5:06:32 PM PDT by allmost
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