1984

I don’t know whether to laugh or cry.  This from the shyster of shysters, Timothy Geithner.

“Congress is going to have to raise the debt limit,” Mr. Geithner said on the NBC program “Meet the Press.” “They understand that. That’s absolutely essential to preserve the creditworthiness of the United States of America.”

He went on: “You know, we’re a country that meets its obligations, and we have to meet our obligations, and they recognize that. In fact, I heard the leadership tell the president that again on Wednesday.”

How does increasing the debt limit preserve America’s creditworthiness?  If America was credit worthy wouldn’t they be able to pay back the interest without raising the debt limit?

This is nuts.

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