Geithner agrees to new currency

Byline: | Category: Economy | Posted at: Thursday, 26 March 2009

UPDATE:  Welcome Instapunditeers!  Look around.  Please help me oust the Board of Directors.  And be sure to look me up on Facebook.

U.S. Treasury Secretary Tim Geithner responded yesterday to Chinese and Russian calls for a new international reserve currency with a proposal of his own:


Share this post:

12 Responses to “Geithner agrees to new currency”

  1. Instapundit » Blog Archive » IT WAS BOUND TO HAPPEN: Geithner agrees to new currency. It’s made in China, anyway…. Says:

    […] WAS BOUND TO HAPPEN: Geithner agrees to new currency. It’s made in China, […]

  2. Richard of Oregon Says:

    It’s too bad that Geithner doesn’t have a staff. Then he could really screw us over.

  3. vinces Says:

    Tax cheat, tax czar Geithner needs to go. This supposed erudite is such an egghead that the term useful idiot doesn’t even apply to him anymore. Odumba’s response is an in-house code, that yeah, the US after all, will comply with China’s proposal to eliminated the “devalued” dollar and replace it with the almighty dong.

  4. Mister Snitch Says:

    I’m all for it, as long as they increase the number of ‘Go To Jail’ cards.

  5. vinces Says:

    why is pjmedia using Politico’s feed, especially Ben Smith’s article(s)? These are the same useful dummies responsible for helping Odumbass’ ascendancy to the powerful throne known as POTUS.

  6. P Says:

    In monopoly, the players never get bailed out when they go bankrupt, and you can’t get a subprime mortgage to buy houses.

  7. New Currency Says:

    […] Krumm reports that Geithner countered the Chinese/Russia call for a new currency […]

  8. BM Says:

    Mister Snitch,

    They will but the only people going to jail will be those refusing to use the new currency.

  9. Stephen Says:

    Geithner apparently claims to have been unaware of Chinese finance ministry concerns dating from at least last fall, then goes off the deep end with a less than careful response to questions about the currency? This guy needs some assistance fast.

    Are these undersecretary jobs at Treasury a new set of “jobs Americans won’t do”? The other day, I watched Robert Kuttner sneeringly suggest that it would be relatively easy to replace all the FP division people at AIG. And yet his boys in DC can’t even fill out Treasury? Maybe Congress could issue a few emergency H1B’s to some really smart Chinese and Indians to come give us a hand. Gawd! Even some of the Europeans are sounding more sensible than our DC financial overlords these days.

    What a circus. We’ve seen the clowns. Where are animal acts?

  10. jeff Says:

    You know, as I think about it, it seems that all these people who “had to drop out” of the choice list for various staffing positions may have been a ruse. Think about it…so long as Geithner is the only one actually working, there’s nobody there to keep him from doing what he wants, or blow the whistle on something, or offer pushback. If Geithner is really Another Manchurian, this makes perfect sense. On a related note, Geithner’s parents and Obama’s mom worked together in Jakarta – coincidence? I think not.

  11. Seerak Says:

    #6 “P” opines:

    “you can’t get a subprime mortgage to buy houses.”

    Subprime Monopoly? That’s farking brilliant! All we need now is some workable variation of the original rules.

  12. HankHank Says:

    “Who shall rid me of this troublesome Secretary?”