Geithner on Greece: ‘It’s not going to happen in the United States’

by Mac Slavo | May 20, 2010 | Headline News | 12 comments

[dipl_text_animator animated_text=”Do you LOVE America? | Do you WANT our borders secured? | Don’t miss on the latest news | Subscribe and stay informed!” animation_layout=”zoom” animation_time=”740ms” animation_hold=”5010ms” _builder_version=”4.24.0″ _module_preset=”default” global_text_settings_text_align=”center” global_text_settings_text_color=”#FFFFFF” global_colors_info=”{}”][/dipl_text_animator]
[contact-form-7 id=”6521033″ title=”Article Subscribe”]

Share

Treasury Secretary Tim Geithner says that the economy, domestically and globally, is looking good and that we should experience continued growth going forward (Videos Below Excerpts and Comments):

I’m feeling better about it. This is a good example here. You heard them say today the unemployment rate is coming down in Seattle and Washington because they’re exporting more. Trains are coming back across the country with containers full because their exports are growing. And, I think you’re seeing more confidence across the country.

You see we’re creating more jobs. Job growth is picking up encouragingly.

I think the global recovery is in much stronger shape than it was.

When questioned about the possibility of what is happening with Europe’s debt crisis spreading to the US, Mr. Geithner responds:

It’s not going to happen in the United States

We’ll let our readers come to their own conclusions about where the economy is and where it’s going. We will, however, leave you with the following quotes:

At this juncture . . . the impact on the broader economy and financial markets of the problems in the subprime markets seems likely to be contained.

Ben Bernanke, Federal Reserve Chairman
March 28, 2007

While the crash only took place six months ago, I am convinced we have now passed through the worst — and with continued unity of effort we shall rapidly recover. There has been no significant bank or industrial failure. That danger, too, is safely behind us.

Herbert Hoover, President of the United States
May 1, 1930

There is nothing in the situation to be disturbed about

Andrew Mellon, Secretary of the Treasury
February 1930

How much do you trust Tim Geithner?

Tim Geithner on the Economy (CNBC):

Tim Geithner on Housing, Short Selling Rules and Europe:

[the_ad_group id=”24571″]

URGENT ON GOLD… as in URGENT

It Took 22 Years to Get to This Point

Gold has been the right asset with which to save your funds in this millennium that began 23 years ago.

Free Exclusive Report

The inevitable Breakout – The two w’s

[email-download download_id=”345496″ contact_form_id=”19fc5e7″]

Related Articles

[the_ad_group id=”30340″]

Comments

Join the conversation!

It’s 100% free and your personal information will never be sold or shared online.

0 Comments

Submit a Comment

Commenting Policy:

Some comments on this web site are automatically moderated through our Spam protection systems. Please be patient if your comment isn’t immediately available. We’re not trying to censor you, the system just wants to make sure you’re not a robot posting random spam.

This website thrives because of its community. While we support lively debates and understand that people get excited, frustrated or angry at times, we ask that the conversation remain civil. Racism, to include any religious affiliation, will not be tolerated on this site, including the disparagement of people in the comments section.

[dipl_ajax_search search_placeholder=”Article Search” display_fields=”on|on|off|off” search_result_box_bg_color=”#870404″ search_icon_font_size=”20px” search_icon_color=”#870404″ loader_color=”#870404″ _builder_version=”4.17.4″ _module_preset=”default” search_result_item_title_font_size=”14px” search_result_item_excerpt_font_size=”11px” border_color_all_form_field=”#870404″ global_colors_info=”{}”][/dipl_ajax_search]

[the_ad_group id=”30343″]

[the_ad_group id=”30344″]

[620studio_custom_posts post_type=”report” columns=”1″ limit=”1″ category_id=”23503″ caption=”no” date=”no” title=”no”]