Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Geithner states any debt deal must divert default through 2012.
Hmmmmmmm.....what is so important about keeping the economy propped up through 2012?
The Treasury Dept. couldn't be trying to create the illusion of economic stability through the November 2012 elections to keep Obama propped up could it?
Speaking on Fox News Sunday, Geithner reinforced President Obama's position that any proposal from Congress needs to “take default off the table for the next 18 months … through the election.”
The corruption just slaps us in the face and still no one is calling this administration out!
He doesn't need to do anything to help Obama. There's nobody in the field currently that can beat him. The best GOP candidates backed out so they wouldn't have to face him in the election and if they won wouldn't have to leave the financial mess left from the mistakes from 2000-2008.
Geithner states any debt deal must divert default through 2012.
Hmmmmmmm.....what is so important about keeping the economy propped up through 2012?
The Treasury Dept. couldn't be trying to create the illusion of economic stability through the November 2012 elections to keep Obama propped up could it?
Do the Democrats want to keep the economy propped up through the 2012 election? Sure they do
Do the Republicans want the economy to limp along at best until the 2012 election? Sure they do.
Each one has their agenda and neither is blameless. Unfortunately, the country gets caught in the middle of this spitting contest.
Agreed on the part in bold. However, the Cut, Cap & Tax would have taken us down the road much further before facing a major default because it addresses spending cuts now rather than kicking cuts down the road 10 years the way Reid/Obama proposed.
Geithner states any debt deal must divert default through 2012.
Hmmmmmmm.....what is so important about keeping the economy propped up through 2012?
The Treasury Dept. couldn't be trying to create the illusion of economic stability through the November 2012 elections to keep Obama propped up could it?
Agreed on the part in bold. However, the Cut, Cap & Tax would have taken us down the road much further before facing a major default because it addresses spending cuts now rather than kicking cuts down the road 10 years the way Reid/Obama proposed.
But Cut, Cap and Tax was DOA and the House knew it. So it winds up being a meaningless gesture, made for political purposes. Kind of like "I offered him $100 for his 2009 Corvette and he wouldn't even consider it. He just doesn't want to deal". It is easy to do that kind of proposal; harder to come up with one that might be actually accepted.
No games, either you pay for the things you bought or you don't and when you don't people begin to take a dim view of you are being financially responsible. It is really just that simple.
No games, either you pay for the things you bought or you don't and when you don't people begin to take a dim view of you are being financially responsible. It is really just that simple.
You don't keep buying either. CC&B raised the debt ceiling and cut additional spending immediately. Yet, Democrats don't want to stop the gravy train of living high off the hog or they would have at least addressed CC&B instead of voting to table it indefinitely.
Do fiscally responsible people put all of their home equity on credit cards and keep spending as though they have no problem? That seems to be the Democrat controlled Senate's plan under Reid.
Well, not much point in diverting it through 2011. I would have hoped that they would try to look beyond 2012 but if it was 2013 or 2014 they would be open to the same accusation.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
