Tim Geitner said Chinese assets in the US are very safe, and got a derisive laugh from STUDENTS!!! STUDENTS! Even the young and untrained can see through this farce! Our economy is being taken over by the government and crashed through over spending. STUDENTS realize it is a farce! You think the rest of the country hasn’t figured this out, too?
The Federal Reserve is supposed to PROTECT the Economy and STABILIZE the dollar. It is complicit in, if not directly responsible for, the economy the way it is.
And so is the Senate. They have passed bills forcing lenders to lend to people who couldn’t qualify and didn’t fiscally deserve loans! Then they blame the lenders for loose lending practices. Isn’t that what politicians always do??? Seems so!
Comments (2)
Having a ta cheat in an important position like this is wrong - Geithner must go for credibility to return.
Geithner is an Israeli citizen, does not have our interest at heart and is one sneaky looking gentleman.