Video: Geithner telling Fox Business that there was "no risk" we would lose our credit rating

While John Kerry and David Axelrod are blaming the Tea Party for the downgrade of our credit rating, they might want to look a bit closer when they are pointing fingers. In April, when asked by the Fox Business Channel if their was a risk that the United States could lose its AAA credit rating, Treasury Secretary Timothy Geithner replied, "No risk of that."



Geithner and Obama may have inherited a recession, but they also inherited an AAA credit rating. Meanwhile, the damage continues to spread. Standard & Poors downgraded the credit ratings of Fannie Mae and Freddie Mac today.

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