Speaking Of Eunuchs, Tim Geithner Fires More Blanks At China

As a follow-up to yesterday's post, I wake up to this headline on Bloomberg News: "Geithner Says U.S. Examining Ways to Push China on Yuan Rise"  You've got to be kidding me.  Let's see, if I'm China and I'm facing someone like Tim Geithner making an attempt to force-feed me financial policy, I'd say "bring it on, eunich."  A serial tax-cheater sitting on top of the world's largest amount of Government debt, a large part of which is financed by those whom Geithner attacks, issued by a corrupted, ponzi-scheme system in collapse...If I were the Chinese, I would send Geithner a little note wrapped around some medical marijuana that said "smoke a little more of this with your boss."

Talk about the "emperor has no clothes" syndrome.  I'm not really sure where the U.S. has any leverage to enforce its will anymore on the rest of the world.  Especially upon those - China - who have been enabling the U.S. Government to continue digging the hole for its own coffin by recycling paper trade dollars back into the financial heroin of Treasury debt to which this country is addicted.

Here's the link to article: Geithner's Farce  About all I can say is that I wish Charles Dickens were around for this, because this is kind of material that fueled his great literary legacy.  The fact of the matter is that all Geithner will accomplish is to further irritate the Chinese, likely exacerbating the eventual consequences when the Chinese pull the plug on the U.S. financial life-line.