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
The Cancel Culture Vulture
Better to shut them down than hear their point of viewCancel culture coming after youHelping to…See More
The Fingerprint
The Fingerprint On a dance with the unpredictability of the signals you sendA solemn pact with my…See More
The Roots of Freemasonry (royales, ancient bloodlines, & end times chronology) w/Gary Wayne
👕 Merch from "The Deep End": https://www.livenotdie.com/thedeep-end🎧 Taylor's DAILY mindset podcast: https://open.spotify.com/show/1SW0ofWSXsmJZDnqKYTpRG?s...
"Bullets can be effective in reinforcing ownership."
Trump Receives Marching Orders
Netanyahu has made 3 visits to the White house since Trump's second term as President of the United…See More
Ben Shapiro Just LOST HIS MIND — There's No Coming Back From This
"Omg. The Ben Shapiro voice that Luke is imitating here couldn't be any more comedic to…"
Ben Shapiro Just LOST HIS MIND — There's No Coming Back From This
Get the magnesium your body needs - https://wearechange.shop/product/magnesium-glycinate/Ben Shapiro Just LOST HIS MIND — There's No Coming Back From ThisHig...
A few reasons I don’t like jews. It’s not complicated.
These are the reasons I became antisemitic. It’s not complicated. Sure, I could go on for days, weeks, months outlining everything, but I don’t need to. This...
"Less Prone, Thanks Buddy! I'd like to volunteer as a historical reconstructionist! "
"Welcome to a revolutionary concept in public communication, the truth."
© 2025 Created by truth.
Powered by
You need to be a member of 12160 Social Network to add comments!
Join 12160 Social Network