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Is Something Serious Up at Treasury?
Economic Policy Journal ^ | 1/29/2011 | Robert Wenzel

Posted on 01/30/2011 7:21:25 AM PST by FromLori

On Sunday, Treasury Secretary Geithner will have dinner at Treasury with former secretaries of the Treasury.

What's up with this? There was no indication on the weekly Treasury schedule, put out just a day ago, that this dinner was planned. Very unusual.

On top of that, the Treasury put this notice out at 9:00PM on a Saturday night. Sure looks like a rushed meeting to me.


TOPICS: Government; News/Current Events
KEYWORDS: economy; treasury
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1 posted on 01/30/2011 7:21:29 AM PST by FromLori
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To: FromLori

O.K. then; so what does this mean? Should I go out today and spend all my dollars real quick to get rid of them?


2 posted on 01/30/2011 7:24:41 AM PST by kevslisababy
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To: The Comedian

More grist for your mill...


3 posted on 01/30/2011 7:24:51 AM PST by null and void (We are now in day 740 of our national holiday from reality. - 0bama really isn't one of US.)
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To: FromLori

Disbursing the last four pounds of gold in Fort Knox, then grabbing the 9 PM Family guy, then off to Switzerland to watch the implosion.

On a serious note, the Stock Market is going to take an ‘87 type plunge tomorrow. Probably asking for a little help.


4 posted on 01/30/2011 7:25:31 AM PST by Vermont Lt (Don't taze my junk bro.)
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To: FromLori

Geithner is a moron.

He and the fed are doing nothing to stop the national debt crisis, the exploding federal deficit and budget, rampant inflation and the devaluation of the American dollar.


5 posted on 01/30/2011 7:26:27 AM PST by Ev Reeman
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To: Vermont Lt

What info do you have re: the market tomorrow?


6 posted on 01/30/2011 7:26:27 AM PST by saganite (What happens to taglines? Is there a termination date?)
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To: FromLori

Something was seriously up with the Treasury when it became headed by a tax-cheat and an idiot to boot. =.=


7 posted on 01/30/2011 7:27:45 AM PST by cranked
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To: kevslisababy

“Should I go out today and spend all my dollars real quick to get rid of them?”

Buy gold. Be happy.


8 posted on 01/30/2011 7:28:01 AM PST by DrC
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To: saganite

Buy Ford and Apple Computer!


9 posted on 01/30/2011 7:28:03 AM PST by WVKayaker (Faith makes the discords of the present become the harmonies of the future - Robert Collyer)
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To: FromLori

What it means is this: He’s looking for a new job, and is trying to get his resume out.


10 posted on 01/30/2011 7:29:27 AM PST by Brilliant
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To: FromLori

Perhaps nothing and probably nothing.

Or perhaps the debt limit has been reached or will be reached this week and Geithner is looking for ideas on how to keep spending going until they can beg Congress to raise the limit.

Or there’s another big bank failure in the works and they’re working on the bailout details to present to Congress.


11 posted on 01/30/2011 7:29:37 AM PST by garbanzo (You better hold on; This one's about to get bumpy.)
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To: FromLori
Exploring ways to quadruple the output of the printers.
12 posted on 01/30/2011 7:30:22 AM PST by BulletBobCo
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To: kevslisababy

If your throwing bags of money around I will take one please.


13 posted on 01/30/2011 7:30:33 AM PST by Sawdring
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To: Ev Reeman

Correct on all counts.

I suspect that the meeting is to discuss the impact of the Middle East events on the stock market.

I suspect Monday will be an exciting day for traders.


14 posted on 01/30/2011 7:30:50 AM PST by old curmudgeon
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To: DrC

Well, I can’t afford gold, but stuff to use and barter, I can do that. As to being happy, I’ve come to the conclusion that this is totally out of my control, so all I can do is prepare as best I can, and hope I can cope. I may not be happy, but I am less angry and stressed.


15 posted on 01/30/2011 7:32:11 AM PST by kevslisababy
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To: Sawdring

That bag of pennies might leave a bruise!


16 posted on 01/30/2011 7:33:05 AM PST by kevslisababy
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To: FromLori
Dow Jones Industrial Futures down 166 point at this time. If 0bama gives a press conference, look out below! ;-)
17 posted on 01/30/2011 7:36:14 AM PST by SubMareener (Become a monthly donor! Free FreeRepublic.com from Quarterly FReepathons!)
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To: WVKayaker

Hey, did you see where FORD is going to give everyone of their employees 5k in profit sharing ?? Just heard it on Saturday.

Lessez le bon temps roulez !


18 posted on 01/30/2011 7:37:50 AM PST by onona (I've played)
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To: DrC
"Buy gold. Be happy."

Thanks. I have the gold...I'm working on additional gasoline storage today.

19 posted on 01/30/2011 7:38:45 AM PST by blam
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To: FromLori

Just another meeting to usher in the tribulation.

Deal with it. /S


20 posted on 01/30/2011 7:42:36 AM PST by Vendome (Don't take life so seriously..... You won't live through it anyway.)
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