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Geithner says US credit rating safe despite debt
Associated Press ^ | February 7, 2010

Posted on 02/07/2010 6:10:05 AM PST by Zakeet

Treasury Secretary Timothy Geithner (GYT'-nur) says the U.S. government "will never" lose its sterling credit rating despite big budget deficits and a newly increased debt limit that now tops $14 trillion.

[Snip]

Moody's Investors Service recently issued a warning that the government's credit rating could eventually be in jeopardy if nation's finances don't improve. The cost of borrowing would increase significantly if the ratings service lowered the credit rating, also known as a bond rating, for U.S. Treasuries.

Geithner tells ABC's "This Week" that will never happen.

(Excerpt) Read more at breitbart.com ...


TOPICS: Business/Economy; Extended News; Government; News/Current Events
KEYWORDS: aig4sharia; aigissharia; budget; deficit; enemydomestic; finance; geither4ford; geithner; geithner4aig; geithner4gs; geithner4islam; geithner4sharia; islaminside; msmhidessharia; msmsilent4sharia; noaccountability; notransparency; taxcheat; taxcheat4islam; taxcheat4sharia; taxcheatincharge; taxpayers4aig; taxpayers4china; taxpayers4ford; taxpayers4sharia
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To: Travis McGee

Von Mises ~ BUMP!


21 posted on 02/07/2010 6:52:26 AM PST by stephenjohnbanker (Support our troops, and vote out the RINO's!)
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To: Eric in the Ozarks

“A message from the Tax Cheat.”

DNC: “ All of your tax cheats are belong to us”


22 posted on 02/07/2010 6:58:31 AM PST by stephenjohnbanker (Support our troops, and vote out the RINO's!)
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To: Zakeet

23 posted on 02/07/2010 6:59:12 AM PST by 6SJ7 (atlasShruggedInd = TRUE)
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To: Cricket24

>> Geithner should be in JAIL!

Geithner should be swinging from a gibbet, along with damn near all of the current adminstration.


24 posted on 02/07/2010 7:06:21 AM PST by Nervous Tick (Eat more spinach! Make Green Jobs for America!)
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To: Zakeet
Watch for the magic words, "US credit rating unexpectely downgraded.

Nothing to worry about if it's unexpectedly doncha know.
25 posted on 02/07/2010 7:06:25 AM PST by Happyinmygarden (Yes, actually, I have pretty much seen and heard it all before...)
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To: Zakeet
Lying SOB. How many of you realize that a global government can never be brought in if the USA is in tact. The goal is to bankrupt the USA in order to quicken the beginning of global government. Both parties support this, that is why government debt only goes higher and government always grows...
26 posted on 02/07/2010 7:10:39 AM PST by FightThePower! (Fight the powers that be!)
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To: ecomcon

Geithner should be in a federal prison for tax evasion. Funny how the law has a double standard for commies.

The Worm Will Turn,
NSNR


27 posted on 02/07/2010 7:11:16 AM PST by No Surrender No Retreat
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To: Zakeet

Elites think they can say any lie.


28 posted on 02/07/2010 7:20:19 AM PST by bmwcyle (Free the Navy Seals)
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To: Zakeet

Watch money. Money is the barometer of a society’s virtue. When you see that trading is done, not by consent, but by compulsion—when you see that in order to produce, you need to obtain permission from men who produce nothing—when you see that money is flowing to those who deal, not in goods, but in favors—when you see that men get richer by graft and by pull than by work, and your laws don’t protect you against them, but protect them against you—when you see corruption being rewarded and honesty becoming a self-sacrifice—you may know that your society is doomed. - Ayn Rand


29 posted on 02/07/2010 7:23:31 AM PST by PGalt
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To: Zakeet

Yeah, who are we gonna belive?? The rest of the World vs. Timmy (Tax Cheat) Geithner? Hmmmmmmmmmmm......


30 posted on 02/07/2010 7:26:26 AM PST by my small voice (A biased media and an uneducated public is the biggest threat to our democracy)
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To: Zakeet

uh ... credibility gap? ... isn’t this a guy that doesn’t know “how” to pay his taxes and he’s lecturing us on national debt? Sorry.


31 posted on 02/07/2010 7:26:37 AM PST by ThePatriotsFlag (http://www.thepatriotsflag.com - The Patriot's Flag)
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To: Zakeet

Using the “opposite rule” as a guide, he basically just said that the U.S. is about to default.


32 posted on 02/07/2010 8:03:41 AM PST by Disambiguator
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To: Zakeet
Geithner says US credit rating safe despite debt

This from a guy who "underpaid" his taxes because his version of Turbo Tax messed up.

33 posted on 02/07/2010 8:04:02 AM PST by The Sons of Liberty (Pork Eating CRUSADER - FUBO! Mene, Mene, Tekel, Upharsin)
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To: FlingWingFlyer
"(Fill in the blank) than expected"

that's a button on dinosaur media 'typewriters'(or their Apple equivalent) for sure!

34 posted on 02/07/2010 8:06:01 AM PST by CRBDeuce (here, while the internet is still free of the Fairness Doctrine)
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To: Travis McGee

...leaving only 2 choices, 1) cut government in half now while we still can, or 2) watch government cut in half later (involving precious metals—lead, copper brass)!


35 posted on 02/07/2010 8:09:40 AM PST by CRBDeuce (here, while the internet is still free of the Fairness Doctrine)
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To: Travis McGee

...leaving only 2 choices, 1) cut government in half now while we still can, or 2) watch government cut in half later (involving precious metals—lead, copper brass)! Lifesavers everywhere vote now!


36 posted on 02/07/2010 8:11:29 AM PST by CRBDeuce (here, while the internet is still free of the Fairness Doctrine)
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To: rabscuttle385
If US credit rating is "OK" them why are the Chinese not buyinig our treasury bills........huh???
37 posted on 02/07/2010 9:02:56 AM PST by Candor7 (((The effective weapons against Oba- Fascism are ridicule, derision , truth (.Member NRA)))
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To: Zakeet; All

(Not so) Secret Summit of Top Bankers...

http://www.news.com.au/business/secret-summit-of-top-bankers/story-e6frfm1i-1225827289543


38 posted on 02/07/2010 9:25:34 AM PST by PGalt
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To: Zakeet; Jet Jaguar; NorwegianViking; ExTexasRedhead; HollyB; FromLori; EricTheRed_VocalMinority; ...
The list, ping

Let me know if you'd like to be on or off the ping list

39 posted on 02/07/2010 9:57:33 AM PST by Nachum (The complete Obama list at www.nachumlist.com)
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To: Zakeet

Translation:Stimulus check to Moody’s cleared on Friday


40 posted on 02/07/2010 10:03:31 AM PST by Steven Tyler
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