Free Republic

Former Treasury Secretary Timothy Geithner praised President Barack Obama on Sunday, saying he was "excellent in crisis." “I had an amazingly good experience with this president in this White House, ...who was willing at that time to put policy ahead of politics in a way that was very important for the country," Geithner said on CBS's "Face the Nation." “He was excellent in crisis. Good at making decisions. Very tough on the rest of us, very tough on all of us to examine all the options. And I never felt I was in a position where they put a political...

What’s wrong with this picture? Tim Geithner, the former US Treasury secretary and one-time head of the New York Federal Reserve Bank, wants to be seen as one of the guys who got the financial system out of trouble. It wasn’t easy, he admits. And it wasn’t always neat. In fact, you might even call it messy. And — oh, my! — Geithner suffered for his efforts. He’s still suffering today. And you’ll understand this more fully if you cough up $25 for his new book. Tradition dictates that I give the book’s title and the publisher at this point....

... interest rates are too low and will increase. Obama is looking for an excuse for their increase and plans to blame it on how Republicans treated the debt limit. And when interest rates do increase, the stock market will fall. So will bonds prices. And so will housing sales. ... The Obama administration ... created an artificial date so they can blame an economic downturn on not increasing the debt. ... With or without a debt increase, the ratings of U.S. Treasuries will be decreased if government expenses are not cut and a budget is not produced – and...