October 16, 2009The Staggering Incompetence of Tim GeithnerKeith McCullough, Research Edge | ||||||
"When you combine ignorance and leverage, you get some pretty interesting results."-Warren Buffett Last night CNBC had clips of Maria Bartiromo interviewing Tim Geithner. That was quite the combo. Combining economic ignorance with the levered long leader of the willfully blind is pretty interesting Mr. Buffett, indeed! On the question of leverage, Geithner proclaimed his mystery of faith stating that "credit is the oxygen"... On the question of plans to address the Burning Buck... well... Geithner didn't have any... I couldn't make this up if I tried, but rather than provide Bartiromo with a proactive plan to address the Currency Crisis, Geithner said that he doesn't usually talk about daily activity in the currency markets. Timmy, understanding that the daily... TAGGED: Maria Bartiromo, China, Alan Greenspan, dollar, Timothy Geithner, Keith McCullough RECOMMENDED ARTICLES
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