Friday, May 27, 2011

Timothy Geithner on Jobs, Debt, Taxes, Bailouts, and More

This kinda cracked me up.  One or two of you might get a chuckle as well. 
Tim Geithner on threats not to raise the debt ceiling (from Motley Fool):
"I mean, really think about it: As a negotiating strategy, you are going to go say, "If you don't do things my way I'm going to force the United States to default?" It's not a credible negotiating strategy."
On Treaury's Plan B
"Our plan is for Congress to pass the debt limit. Our fallback plan is for Congress to pass the debt limit. Our fallback to the fallback plan is for Congress to pass the debt limit."

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