Feb. 8 (Bloomberg) — Treasury Secretary Timothy F. Geithner said the U.S. is in no danger of losing its AAA debt rating even though the Obama administration has predicted a $1.6 trillion budget deficit in 2010.
“Absolutely not,” Geithner said, when asked in an ABC News interview broadcast yesterday whether a downgrade is a concern. “That will never happen to this country.”
To which Moody’s (one of the rating agencies) countered:
“Unless further measures are taken to reduce the budget deficit further or the economy rebounds more vigorously than expected, the federal financial picture as presented in the projections for the next decade will at some point put pressure on the triple A government bond rating,”
Geithner is a criminal toolbox that needs to be locked up, tried, and executed for high treason.
Waging economic warfare against the public provides greater aid and comfort to our enemies than anything else one could do.
Bailing out criminal organizations, looting the public for trillions, colluding with private criminal banks, and absconding with millions in personal payouts, Geithner is as bad as they come.
Let us not forget that it was Geithner, acting as the head of the NY Fed, that told AIG to cover up its bailout payees and hide data on official government forms that would inform the public who got the money.
Total Tyranny, and you love it.