When I saw the news yesterday that Moodys put the US rating on a downgrade watch and that was also followed immediately by Standard & Poor’s pushing the same narrative, I immediately became suspicious of the timing and this idiotic warning. Remember that Moody and S&P where the people that kept telling us that all those mortgage security packages, replete with bad loans almost guaranteed to go south, repackaged through Freddie and Fannie, where … Read more
Tag Archive: Timothy Geithner
Was the WH behind the S&P and Moody credit rating hit job?
- Deep Thoughts,
- Election 2012,
- Evil Capitalists,
- Left Wing Idiocy,
- Politics,
- The Economy,
- The Law,
- The Mainstream Media,
- Things are worse than they seem
July 15, 2011 9:03 am
by AlexInCT
Tags: Barack Obama, Business/Finance, congress, Economics, Economy of the United States, Government, Great Society, Gross domestic product, MOODY'S CORPORATION, Nancy Pelosi, New York Fed, politics, Recessions, Secretary of the Treasury, Standard & Poor's AB, Tim Geithner, Timothy Geithner, United States public debt
This is why we should not let them impose any new taxes!
- Decline of Western Civilization,
- Deep Thoughts,
- Elections,
- Left Wing Idiocy,
- Politics,
- The Economy,
- Things are worse than they seem
June 24, 2011 4:11 pm
by AlexInCT
These taxes are not to do anything good, they are, Geithner’s own words, so big government can stay big:
Treasury Secretary Timothy Geithner told the House Small Business Committee on Wednesday that the Obama administration believes taxes on small business must increase so the administration does not have to “shrink the overall size of government programs.”
The administration’s plan to raise the tax rate on small businesses is part of its plan to raise
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