Skip to comments.Geithner Warned S&P Chairman US Would Retaliate For Downgrade
Posted on 01/21/2014 6:08:55 AM PST by Rusty0604Edited on 01/21/2014 6:42:59 AM PST by Sidebar Moderator. [history]
Peter Barnes “Is there a risk that the United States could lose its AAA credit rating? Yes or no?”
Geithner’s response: “No risk of that.”
“No risk?” Barnes asked.
“No risk,” Geithner said.
Considering that the US was downgraded by S&P just 4 months later, one person who certainly will never forget his idiotic preannouncement, is the former Treasury secretary, Tim Geithner. And being the sore loser that everyone suspected he was (although one hopes his recent well-paid move to Warburg Pincus will help soothe his sensitivity) it will come as no surprise that Geithner told the Chairman of embattled rating agency Standard & Poor's, that its downgrade of the US from AAA to AA+ "would be met by a response."
(Excerpt) Read more at zerohedge.com ...
What ever happened to little Timmy?
More selective outrage by the media.
Four dead Americans, a total mess of Obamacare, a President who operates outside the Constitution, IRS using its authority to silence the administration’s political oponents, kickbacks to Solyndra, an attorney General who is a blatant racist, and the media decides to zero in on WHAT??? A traffic jamb on a bridge and a she said/ she said over hurricane funding with NOTHING to back up a Democrat’s allegations.
At this point, its not about Christie, a RINO, and political purity. Its about the mainstream media in tandem with the DNC ganging up on a potential successful competitor to Madam Hillary in 2016.
If we allow them to get away with Christie, they will do the SAME thing to EACH and EVERY GOP frontrunner between now and the election. If you ran Jesus Christ and Moses for President on the GOP ticket, they would attack them for being “insenitive” to Pharisees, Sadducees, and Pharoahs!!!
Doing voice-over spots for Turbo Tax?
He should be serving time for tax evasion in my opinion.
“If we allow them to get away with Christie, they will do the SAME thing to EACH and EVERY GOP frontrunner between now and the election. If you ran Jesus Christ and Moses for President on the GOP ticket, they would attack them for being insenitive to Pharisees, Sadducees, and Pharoahs!!!”
I for one want them to go after Christie. It’s one less candidate the Tea Party needs to worry about.
“And being the sore loser that everyone suspected he was (although one hopes his recent well-paid move to Warburg Pincus will help soothe his sensitivity) it will come as no surprise that Geithner...”
He’s seriously wounded now. The rest of this crap - and crap it is - is overkill and irrelevant.
If they can make an issue of a bridge jam and succeed when they themselves have been guilty of so much more egregious offenses, they will play this again and again.
Its not about Christie per se and I agree with you. I don’t want him to run as a Presidential nominee.
If any private entity tried to influence their bond rating, by veiled threat or any other means, THE OFFENDERS WOULD LAND IN PRISON.
Nut-job Conspiracy Theory Ping!
To get onto The Nut-job Conspiracy Theory Ping List you must threaten to report me to the Mods if I don't add you to the list...
The US government has been subverted by Marxists; why do we even pay attention to the ratings agencies that it threatens?
Wherever he is, he’s very saddened by this downgrade.
oh Timmy can’t you just go away?????
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