Thursday, July 28, 2011

Tim Geithner: No Risk of US Downgrade

Those who understand the REAL risk of the debt ceiling negotiations (not default, but a US downgrade) will enjoy this April 2011 clip from Turbo Tim.

Q: Is there a risk that the United States could lose its AAA credit rating? Yes or No?
Turbo Tim:  "No risk of that."

We remind our readers that last August Turbo Timmy also penned the famous "Welcome to the Recovery" about 3 days before the economy rolled over.  Just in case you've forgotten the type of oracle the man is.

Perhaps its time to get to work on a Punt The Geethner arcade game.
Watch the entire interview below.