Wednesday, June 03, 2009

Turbo Tax Timmy gets mocked in China

Poor Tim Geithner. He already comes off as kind of nervous and insecure when talking in public, but at least in the US, the only people who ever bother him are crazed Code Pink activists.
But in China, representing the country as chief bond salesman, he openly mocked.

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.....too bad they can't vote. Another great appointment from the Messiah.

Actually it's a good thing this was in China. If this was in a US...... Treasury would have looked at the class roster, gotten the names of the students who laughed and then threatened them with IRS audits and SEC investigations till they got with the program.

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