Geithner, You Ignorant Slut
This guy doesn't know when to quit:
NEW YORK (AP) -- Treasury Secretary Timothy Geithner said Tuesday that if Republicans insist on passage of their budget plan as a condition for approving an increase in the nation's borrowing limit, they will be responsible for the consequences.
Speaking to a New York audience, Geithner said that Republicans would bear responsibility for the first debt default in the nation's history if they insist they will not vote for an increase in the $14.3 trillion borrowing limit unless they win approval of a House Republican budget plan.
Your administration has known full-well what the debt limit has been for a very long time. So has CONgress. Both bodies were well aware that raising the limit is discretionary.
You seem to believe that playing the "Armageddon" card is something that can be done with impunity, mostly because your predecessor Hanky-Panky Paulson did so and Bernanke was a party to that.
The fact of the matter is that you seem to think that there's no limit to the nation's credit card. You're wrong.
Yes, I know, the bond market hasn't cared (yet) about all this idiocy. Then again it didn't care over in Greece either, right up until it did. Same with Iceland, Ireland and Portugal.
In fact, it seems to work the same way with most personal bankruptcies too. People think they can push things a bit further, a bit more, they get another credit card, they play the balance-transfer rollover game, they feel the pressure and make some sort of maneuver and then breathe easier.
All this works for a little while, right up until it doesn't in dramatic fashion. And then, once again, we hear "nobody could have seen it coming."
Continue reading:
Comment
"Destroying the New World Order"
THANK YOU FOR SUPPORTING THE SITE!
Latest Activity
- Top News
- Everything
Trump's Big Beautiful Bill Passes Amidst Democrat Lies About a Tax on the Rich Being Averted
AP Photo/Rod Lamkey, Jr.It’s over, folks. President Trump and congressional Republicans aimed to…See More
"I wonder what wearables must have been like before the last reset. "
"EVERYONE'S BEEN SHOT UP HERE": Arsonists Set Wildfire In Idaho, Open Fire On Firefighters, Police
"AAAAAAND…….HE’S ANOTHER TRANS…"
"Another scare tactic to push people into anew regime of vaccinations! Either that, or this is a…"
Dr. Mike Yeadon Speaks Out Against Digital ID, CBDCs, and Agenda 2030
Dr. Mike Yeadon, ex-Pfizer VP, urges public rejection of digital ID, CBDCs, and Agenda 2030, warning of future restrictions on freedom and privacy.
"EVERYONE'S BEEN SHOT UP HERE": Arsonists Set Wildfire In Idaho, Open Fire On Firefighters, Police
- Shocking news just broke that multiple firefighters and officers were shot in an ambush at the Canfield Mountain Natural Area in Coeur d'Alene, Idaho.Acco...
Well Known Wilderness Photographer Disappears in the Cascades-Guess Why?
In August of 2023 another aficionado of the great outdoors went missing. The chilling revelations…See More
The Draconian Show
Sometimes I talk to my invisible friend, IkeHe comes from another dimension when magnetic fields…See More
"Listen man I know where you're at but back in October of 2023 thru December of 2023 for months…"
Architecton | Official Trailer HD | A24
SUBSCRIBE: http://bit.ly/A24subscribeWritten and directed by Victor Kossakovsky and starring Michele De Lucchi. ARCHITECTON – Coming Soon RELEASE DATE: Comin...
© 2025 Created by truth.
Powered by
You need to be a member of 12160 Social Network to add comments!
Join 12160 Social Network