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Jack Lew
Senex
Posts: 483 ✭
Saw this online:
"President Barack Obama on Thursday formally nominated White House chief of staff Jack Lew to succeed departing Treasury Secretary Timothy Geithner—but joked that Lew’s now-famously loopy signature had almost cost him the job.
“I had never noticed Jack’s signature,” Obama said in a ceremony in the White House’s East Room, with both men in attendance. “When this was highlighted yesterday in the press, I considered rescinding my offer to appoint him.
“Jack assures me that he is going to work to make at least one letter legible in order not to debase our currency should he be confirmed as secretary of the Treasury,” the president added, drawing laughs from the audience."
I don't know how much more "debased" our currency could become as it is already fiat money.
"President Barack Obama on Thursday formally nominated White House chief of staff Jack Lew to succeed departing Treasury Secretary Timothy Geithner—but joked that Lew’s now-famously loopy signature had almost cost him the job.
“I had never noticed Jack’s signature,” Obama said in a ceremony in the White House’s East Room, with both men in attendance. “When this was highlighted yesterday in the press, I considered rescinding my offer to appoint him.
“Jack assures me that he is going to work to make at least one letter legible in order not to debase our currency should he be confirmed as secretary of the Treasury,” the president added, drawing laughs from the audience."
I don't know how much more "debased" our currency could become as it is already fiat money.
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Eric
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<< <i>Wait till we tell the Brits that our Treasury is going down the Lew..... >>
F. Lew
edted to add: Scroo Loo
<< <i>In charge of the Treasury Department and can't even write his name.
I read that several school districts have stopped teaching cursive handwriting since they will all be using keyboards in the future.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
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<< <i>Sorry it's already debased. The 1905 dollar is worth almost 3c. >>
That's kinda neat if you're the debtor...
<< <i>In charge of the Treasury Department and can't even write his name.
Can he correctly do his taxes?
"Money does not care about speeches on morality. Capital asks whether the rules will remain the same tomorrow. With inflation, people assume price is the problem, and propose regulation—but price is simply the message." - Martin Armstrong