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Geitner lecturing Chinese kids

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lovuian Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-01-09 10:42 PM
Original message
Geitner lecturing Chinese kids
Edited on Mon Jun-01-09 10:44 PM by lovuian
"At the G-20 Leaders meeting in London in April, we agreed on an unprecedented program of coordinated policy actions to support growth, to stabilize and repair the financial system, to restore the flow of credit essential for trade and investment, to mobilize financial resources for emerging market economies through the international financial institutions, and to keep markets open for trade and investment. "

Hey Geitner
US is in a DEPRESSION
GM is BANKRUPT and your in China reassuring the Chinese

lets reassure the AMERICAN KIDS


Another Quote

"The financial system is starting to heal. The clarity and disclosure provided by our capital assessment of major U.S. banks has helped improve market confidence in them, making it possible for banks that needed capital to raise it from private investors and to borrow without guarantees. The securities markets, including the asset backed securities markets that essentially stopped functioning late last year, have started to come back. The cost of credit has fallen substantially for businesses and for families as spreads and risk premia have narrowed. "

Hey Tim
Chinese kids are smart
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OhioChick Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-01-09 10:45 PM
Response to Original message
1. "The financial system is starting to heal."
What's he smoking?
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lovuian Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-01-09 10:48 PM
Response to Reply #1
2. You think its like Dorothy when she clicks her heels
three times she goes back to Kansas
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