March 21, 2012
Geithner Asked What Would Be Very Last Debt Ceiling Request; Says "A Lot, Would Make You Feel Uncomfortable"
RealClearPolitics.com
"If this were the last debt ceiling increase you could ask for, the final one, and you had to make it large enough for all current and future obligations, what would the request need to be?" Congressman Trey Gowdy (R-SC) asked Treasury Secretary Tim Geithner at a Capitol Hill hearing on Wednesday.
"I don’t know how to answer that question," Geithner said to Gowdy.
After being prodded by the Congressman, Geithner eventually told him, "it would be a lot."
“It would be a lot,” Geithner finally said. “It would make you uncomfortable," he added.
http://www.realclearpolitics.com/video/2012/03/21/geithner_asked_what_would_be_very_last_debt_ceiling_request_says_a_lot_would_make_you_feel_uncomfortable.html
Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months
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