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To: tobyhill
He added that a double-dip recession was unlikely if governments and central banks made good decisions.

This from the guy that said last April, IIRC, that there was no way S&P would issue a downgrade.

"I mean I think S&P has shown really terrible judgment and they've handled themselves very poorly," Geithner said. "And they've shown a stunning lack of knowledge about basic U.S. fiscal budget math. And I think they drew exactly the wrong conclusion from this budget agreement."

See, only smart guys like me can understand fiscal budget math.

Oh Timmy, I'm so thrilled you're staying on. We need many more just like you helping nobama implement his plan.

7 posted on 08/07/2011 5:24:59 PM PDT by upchuck (Rerun: Think you know hardship? Wait till the dollar is no longer the world's reserve currency.)
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To: upchuck
"And I think they drew exactly the wrong conclusion from this budget agreement."

Uh, what budget agreement is that Timmy? AFAIK, the US hasn't had a budget in two years. Oh, maybe you mean nobama's budget that the Senate shot down 97 to zip. That budget agreement?

This man is a raving lunatic.

15 posted on 08/07/2011 5:30:06 PM PDT by upchuck (Rerun: Think you know hardship? Wait till the dollar is no longer the world's reserve currency.)
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