Geithner Lies Through His Tax Cheating Teeth

Take a look at this video, from March 24, where Michelle Bachman grills Geithner on the Constitutional authority for some of the stimulus actions. Pay attention at the 2:00 mark where she asks Geithner if he would categorically reject Chinese proposal to dump the dollar in favor of an international currency. Geithner says he would indeed categorically reject such a proposal.



Well, apparently, he was read the riot act by someone. Because the very next day he stated he was open to the idea proposed by China. From Politico:

Geithner, at the Council on Foreign Relations, said the U.S. is "open" to a headline-grabbing proposal by the governor of the China's central bank, which was widely reported as being a call for a new global currency to replace the dollar, but which Geithner described as more modest and "evolutionary."

"I haven’t read the governor’s proposal. He’s a very thoughtful, very careful distinguished central banker. I generally find him sensible on every issue," Geithner said, saying that however his interpretation of the proposal was to increase the use of International Monetary Fund's special drawing rights -- shares in the body held by its members -- not creating a new currency in the literal sense.

Did you catch that? First he says he hasn't read the proposal, then he offers his interpretation of the proposal. How the hell is that possible? How do you interpret what you have not read? Geithner is a dangerous, dishonest liar!