Goldman's Tilton On European Clinical Contagion

[AllentownJake]

A few days ago Tim Geithner said that any risk from Europe is isolated on the continent and there is no risk of it spreading to the US. Following a near 10% drop in the S&P we yet again have confirmation that the Treasury Secretary is a pathological liar or an idiot, or just so confused by analyzing the ever-increasing gobs of negatve data that his brain has officially switched off, we are not sure which, although either case would make him ineligible to practice the role of US Treasurer (unless to the list of permitted exemptions which currently only lists tax "avoidance", one adds lunacy). And while we await a clinical diagnosis on the SecTres' pathologies, we offer this analysis on how European contagion will come to the US from Goldman's Andrew Tilton, which, for what it's worth, is one of the better ones written on the topic.

More at link

http://www.zerohedge.com/article/goldmans-tilton-european-clinical-contagion

[Demeter]

1. Timmy Lies BECAUSE He Is an Idiot

A smart person would be telling the truth....

[AllentownJake]

2. Kind of

If Timmeh told the truth NOW it would cause a panic. Maybe in 2009 he could have been honest.