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FLASHBACK: 'No risk' the US will lose its top credit rating, says Treasury's Geithner 

By: Decomposed in ROUND | Recommend this post (2)
Sat, 06 Aug 11 4:59 PM | 45 view(s)
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So, what's new? We were lied to AGAIN.

Geithner needs to have his butt CANNED.
 


'No risk' the US will lose its top credit rating, says Treasury's Geithner

By Michael O'Brien
TheHill.com

04/19/11 10:33 AM ET

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.

Full story: http://thehill.com/blogs/on-the-money/budget/156747-geithner-no-risk-that-us-loses-its-top-credit-rating




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Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months


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