Sunday, Oct 04, 2009

What???? Really? You do surprise me Timmy!

MarketWatch: Geithner: World not ready for end of stimulus

The global economy is not yet strong enough to allow governments to end their fiscal and monetary stimuli to boost demand and growth, U.S. Treasury Secretary Timothy Geithner said Saturday

Posted by devo @ 12:22 AM (714 views) Add Comment

9 Comments

1. devo said...

Devo's manifesto:

1. End all stimulus programmes with immediate effect
2. End TARP - all beneficiaries to repay bailouts immediately.
3. END Quantitative Easing NOW.

If not, why not?

Sunday, October 4, 2009 12:33AM Report Comment
 

2. the number cruncher said...

or was that

"The global economy is not yet strong enough to allow the government to tell the people the truth"

or

"The government is not strong enough to tell the truth about the economy"

Sunday, October 4, 2009 12:51AM Report Comment
 

3. dead spider said...

Not yet strong enough for Timothy to sell his house more like .
He had to reduce it below cost and still couldn't sell :-)
Ended up renting it out .

Sunday, October 4, 2009 10:44AM Report Comment
 

4. jackas said...

TIMMEH!

Sunday, October 4, 2009 01:25PM Report Comment
 

5. crunchy said...

1. devo .....24 Trillion and counting. I like to keep it new and fresh.

Sunday, October 4, 2009 03:55PM Report Comment
 

6. crunchy said...

Crisp even!

Sunday, October 4, 2009 04:06PM Report Comment
 

7. crunchy said...

1. devo

Do you know what really worries me?

Ben Bernanke and crew have no plan B.

I am being serious here.

There was a term for that when I was a kid. "Sh1t or Bust." All or nothing.

Nothing more to say Captain Mainwaring!

Sunday, October 4, 2009 04:50PM Report Comment
 

8. devo said...

Crunchy,

I've done my best to explain what's to come; seemingly to no avail.

At least they can't say I didn't warn them.

Sunday, October 4, 2009 06:21PM Report Comment
 

9. crunchy said...

8. devo

There will not be enough lifeboats anyway.

Keep your powder dry and your dry powder dryer.

My Pop used to say- "Nobody likes a smart ar8e!" as much fun as it is.

Sunday, October 4, 2009 06:37PM Report Comment
 

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