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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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From: roguedolphin6/2/2009 4:30:46 PM
3 Recommendations  Read Replies (1) of 116555
 
The News Unreported In The US: Turbo Timmy

Karl Denninger
June 2, 2005 09:38

Funny how Bloomberg, who ran this originally, edited the headline and removed it. Did someone in The Administration or Treasury call Bloomberg and complain?

Telegraph:
In his first official visit to China since becoming Treasury Secretary, Mr Geithner told politicians and academics in Beijing that he still supports a strong US dollar, and insisted that the trillions of dollars of Chinese investments would not be unduly damaged by the economic crisis. Speaking at Peking University, Mr Geithner said: "Chinese assets are very safe." The comment provoked loud laughter from the audience of students. tinyurl.com

This isn't worth a mention over here?

University students can see through our BS in seconds, but the sheeple here in America don't, and we continue to allow these clowns to have their hands on the levers of fiscal policy.

Simply amazing; the Chinese have clearly figured it out, and they're not beyond expressing it.

Of course our so-called "media", say much less our Washington Political Establishment, provide all the trappings of undeserved decorum to someone when college students in a foreign country can see right through it.

Turbo Timmy and our media continue to insist on the exquisite tailoring in Timmy's new suit, while the Chinese see his schlong and beer belly hanging out in the breeze.

market-ticker.org
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