Treasury secretary Timid Tim Geithner has predicted there will be no “second wave” financial crisis to follow the crisis of last year.

“We are not going to have a second wave of financial crisis,” Geithner said in an interview with National Public Radio. “We cannot afford to let the country live again with a risk that we are going to have another series of events like we had last year. That is not something that is acceptable.”

With characteristic audacity of the Obamunists, he says:

“We will do what is necessary to prevent that and that is completely within our capacity to prevent…” .

Well, with the prediction track record of the government in anticipating and predicting such events, if we believe the exact opposite of whatever the administration says we will be better off…