Why Are Geithner and Bernanke Trying to Panic Financial Markets With Debt Limit Demagoguery?

Why Are Geithner and Bernanke Trying to Panic Financial Markets With Debt Limit Demagoguery? - Business in The Beltway - Money & Politics - Forbes

Just a few days ago, for instance, the Treasury Secretary was fanning the flames of a financial meltdown, as noted by Bloomberg:

“Default would cause a financial crisis potentially more severe than the crisis from which we are only now starting to recover,” Geithner said. “For these reasons, default by the United States is unthinkable.”