To: Alas Babylon!
MTP: David Gregory bailing out the muttering Timothy "TurboTax" Geithner. Gregory has an "aha" moment, stating that
"because it doesn't cost much right now to carry the U.S. debt...it makes sense to spend more now" while the economy is in the toilet.
Bonus Question: Why does Timothy Geithener mutter and talk fast exactly like David Axelrod?
113 posted on
07/25/2010 7:19:32 AM PDT by
NautiNurse
(ObamaCare uses Bernie Madoff theory of economics)
To: NautiNurse
If and when the economy recovers, the interest on the debt will increase as well. Debt servicing costs are projected to be almost $1 trillion a year by 2020. What an anchor that will be on the economy.
117 posted on
07/25/2010 7:23:24 AM PDT by
kabar
To: NautiNurse
After listening to Turbo Timmy, my opinion is -—
Turbo Timmy & Obama need to go back to Harvard - for Timmy a refresher course on ECO101 .........in Obama’s case he needs to take ECO101 !!
The Clowns are IN Charge !!
121 posted on
07/25/2010 7:26:03 AM PDT by
W-Girl
To: NautiNurse
Bonus Question: Why does Timothy Geithener mutter and talk fast exactly like David Axelrod? Birds of a feather, flock together?
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson