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Tim Geithner Not Stressed About Potential Default

Everybody be cool.

Treasury Secretary Timothy Geithner Tuesday said he is confident that the U.S. will avoid a default crisis this summer as policy makers near agreement on a broad budget framework. “We’re going to have a bipartisan, comprehensive long-term deficit reduction framework. The question is, what is going to be the shape of that framework,” Mr. Geithner said at The Wall Street Journal CFO Forum.

[WSJ]

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94 Responses to “Tim Geithner Not Stressed About Potential Default”

  1. Anonymous says:

    It’s ok everyone, crisis averted…Joe Biden is on the case.

    -Weltanschauung Angst Zeitgeist

  2. Anonymous says:

    I kno rite?

    – G Papandreou

  3. Anonymous says:

    He was loose as shit on Saturday.  We did mushrooms at Governor’s Ball and ate corn dogs together.

  4. Guest says:

    Whatever. I still think he’s a Martian. 

  5. Also A Guest says:

    “I’m not worried. We will find a solution. I have no idea what the solution will be, when it will happen, or even a general idea of how we will resolve the currently irreconcilable issues…. But I’m certain at some point we will come up with something.”

    Awesome!

    • ahahah says:

      “You know, I know my boss appointed a commission to do just that a few months ago, and although both parties told the commission to fuck off immediately after their report was published, I think doing the same this time will have a different result.  Why? Well, I was listening to Tim Pawlenty the other day and he said that his economic policy would be to simply have a goal of 5% economic growth, and I thought to myself, ‘Why can’t I do that at with my job?’.  So from here on out our new policy at Treasury is just to think positively and assume that Congress will do what we want.  I talked it over with my boss, who by the way, got elected based on the idea of ‘hope’, and he was like, ‘what the fuck, couldn’t do much worse could we?'”

  6. Also A Guest says:

    Other things T. Geit isn’t worried about: Paying income taxes.

  7. Tiny_Tim says:

    Hey, I wasn’t stressed about paying my taxes either.  And look where that got me!

  8. Guest says:

    That’s my boy! You sell ’em!

    Michael Milken

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