This is laughable. Total comedy.
Why does a nation that issues and spends in its own currency need to refinance? Do we borrow our own fiat? If anything, the U.S. should issue nothing longer than 3-month bills, as security issuance functions only as a reserve drain. Nothing more.
Cramer goes on: "I've been telling Geithner this behind the scenes and to his face."
And Geithner's probably dumb enough to listen!