"Geithner Says U.S. Will ?Never? Lose Its Aaa Debt Rating
By Rebecca Christie
Feb. 7 (Bloomberg) -- Treasury Secretary Timothy F. Geithner said the U.S. is in no danger of losing its Aaa debt rating even though the Obama administration has predicted a $1.6 trillion budget deficit in 2010.
?Absolutely not,? Geithner said, when asked in an ABC News interview broadcast today whether a downgrade is a concern. ?That will never happen to this country.?
Geithner said investors around the world turn to U.S. Treasury securities and dollar-denominated assets whenever they are worried about global stability..."
The full article is at http://www.bloomberg.com/apps/news?pid=20601087&sid=ahGwg7V3u3Gs&pos=3
My comment:
This is MOPE of the highest order. Geithner obviously has his blinkers on.
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