The unanswered question is why is he doing this. Either he has a well thought out plan or he is actually too ignorant to be in the position, but what are the options with Jabbering Joe in 2nd and Bellicosi Pelosi in 3rd. In short, we are screwed.
Geithner Vows to Cut U.S. Deficit on Rating Concern
The dollar extended declines today after Treasuries and American stocks slumped on concern the U.S. government’s debt rating may at some point be lowered. Bill Gross, the co-chief investment officer of Pacific Investment Management Co., said the U.S. “eventually” will lose its AAA grade.
How do you say America in Congonese?