You can add Timothy Geithner to the list of people who have abused Americans in the vain pursuit to keep Obama’s reputation well coiffed.
He joins a distinguished group of Obama scofflaws including the IRS, NSA, Eric Holderbeast, the Department of Energy, Lois Lerner, the Department of Justice, the National Park Service, Hillary Clinton, Debo Adegbile, Nancy Pelosi, Harry Reid, Sneezy, Doc and Hopey
Congress are you listening? Do you care?
Court filings in an ongoing lawsuit between the U.S. Department of Intimidation, er, Justice and McGraw Hill- the company that owns rating agency Standard and Poor’s (S&P)- say that Geithner, as Secretary of the Treasury, threatened the company with retaliation after the rating agency downgraded U.S. debt in the summer of 2011.
You remember that summer.
It was the second… or third?—I can’t remember—Summer of Recovery when Obama and company refused to negotiate on the debt.
They eventually cut a deal that looked more like a game of chicken.
That’s the deal that got us the automatic sequester going into effect if neither side could agree to another deal by 2012.
It’s the “deal” that the newest budget “deal” just undid.
About the only thing voters were agreed on was cutting government, which is what sequester did, and Republicans and Democrats alike finally –sigh-- did away with that at the first of this year.
Thank goodness it’s an election year.
“Former U.S. Treasury Secretary Timothy Geithner angrily warned the chairman of Standard & Poor's parent that the rating agency would be held accountable for its 2011 decision to strip the United States of its coveted ‘triple-A’ rating, a new court filing shows,” reports Reuters on the documents filed by McGraw Hill.
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