Thursday, July 14, 2011

"Treasury Secretary Geithner is fueling the flames of panic..."

And so, of course, is his boss.

Will the US Be Downgraded? - CNBC
LL: Bottom line is Secretary Geithner wrong in what the Treasury can do?

JF: I am extremely concerned that, by continuing to promote an arbitrary deadline as an actual ‘default’ date, Treasury Secretary Geithner is fueling the flames of panic.
They've got no good cards, so they're playing bad ones. Again...

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