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Two months ago he tells America we are going to have to raise taxes drawing a rebuke from Obama. Now this:
U.S. must live within its means: Geithner - Yahoo! News (http://news.yahoo.com/s/nm/20091017/us_nm/us_washington_summit_economy_geithner - broken link)
He might be a politician right now, but he was a finance and banker first. He sees the proverbial writing on the wall and it scares him because he can't read Chinese.
Geithner's absolutely spot onin his assessment that the U.S. Government is planning to spend way too much money! Think there's any chance at all Obama will take his advice? Or is Obama hell bent on spending us into a third world standard of existence?
He's just the first drip from the administration preparing people for the inevitable. Anyone who thinks we are going to fill in a 1.4 TRILLION dollar deficit hole with budget cuts is Looney Tunes. The dems know we have to raise taxes, they are sending people out to start the ball rolling.
The GOP will cry bloody murder and make political hay out of it, but they to know it has to be done.
It should be. But after so many years nobody will have the nerve to call Clinton to the carpet.
Obama should at least own up to what he passed this year.
Whatever spending that got passed this year should not be attributed to the Bush administration.
Fair is fair. If Obama signed it, then it is his debt.
He sees the proverbial writing on the wall and it scares him because he can't read Chinese.
lol!!!
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