Timothy Geithner made it clear that if the GOP will not abide with the administration's growth killing "tax the rich" proposal, the Democrats will allow all Americans to suffer by going off the "fiscal cliff," while surely pointing fingers at the Republicans as being "obstructionists" in the process.
Geithner is only repeating what the president has made clear from the beginning. Allow the Bush-era tax cuts to expire for the rich as a part of the negotiation to end the "fiscal cliff", or else the Democrats are willing to let everyone suffer, as reported by USAToday. This, despite the fact that the tax would hurt growth, according to the non-partisan Congressional Budget Office.
He also indicated that there would be no talks to reform Social Security, despite the desperate need to do so. His sentiment has been echoed by other Democrats, who resist any reform to these programs that are crushing America's economy and make it crystal clear that the only "obstructionists" are the Democrats who refuse to be fiscally responsible.

Geithner also has indicated that there should be no debt-ceiling, because he does not want the "drama". Allowing unlimited increases to debt incurred by the federal government is a great way to ensure that she will forever be in debt. Are these people out of their minds?
As reported by Politico, under Timothy Geithner's plan, "the president would have the authority to unilaterally raise the debt ceiling at any time." This would take power away from congress, which is taking power away by the people, who are represented by those in Congress. Surely the founding fathers would be turning over in their graves.
Isn't it interesting that Senate Majority Leader Harry Reid and President Obama opposed the debt ceiling increases in 2006 under President George W. Bush? Americans need to wake up to the very real damage the federal government is imposing by such unabashed spending and complete disregard for any spending restraint.
In sum, the Democrats will allow no discussion of entitlement reform, want an unlimited debt ceiling, and will not accept any policy that does not include a growth-hurting plan of taxing the wealthy. What do they want? Well, they want "credit" for one billion dollars of previous cuts (where?), as pointed out by Harry Reid. A billion dollars, by the way, accounts for .09 percent of the annual deficit. They are not serious, right? America can do better than these clowns, but will they wake up before it is too late?
Photo Source: Boston Herald








Comments: 110
Seems like the administration could have put out a more credible patsy than Little Timmy the Tax Cheat.
Hahahahahahahaha .... this will be interesting.
Further, dick, the "Romneys" of the World aren't going unscathed, as you insist to Lie. Their Money is Taxed when made; at 35-37%. Then, it is Taxed a 2nd time, when invested or spent; another 15%. That amounts to .50 of every Dollar, STOLEN by the United States Government.
And, most abominably...if an American living the Dream happens to do rather well, and Passes with, say, 5, 10, 20 Million in the Bank, the Government CONFISCATES 55% of the Money that is RIGHTFULLY HIS...his Children, Family, Relatives and Foundations BE DAMNED.
Your Lying STOPS HERE, Sir. The Wealthy pay more than their "share." And as Renee has pointed out, this will do nothing for the Crisis that we face. This is about Class-baiting, the raping of the Treasury by ALL of the CRIMINALS in D.C...and REDISTRIBUTION and hatred of the Wealthy...the Leftists' wet dream.
Take up with your Lies and pound sand.
For once.
So Richard, did you know that the supreme court has ruled and said that the ability to tax is the ability to destroy? With that said, it appears as though you believe that when democrats have the presidency, that he should have the ability to pick who to destroy. Would you like this policy if republicans had played by the same rules? Feel free to explain yourself, explain how moral an just this is? Feel free to explain where in the constitution that gives the president the right to “Drain them suckers”? Really…
If we had a 'Man' up there on the Hill, instead of that gang of Girls that we currently have, he'd CALL THEIR BLUFF...and politely encourage them to (fornicate)-OFF.
Then, if this Man had any sense...he'd go play Golf...
ANY ONE ELSE OUT THERE?
Educate yourself, my friend.
http://www.cbo.gov/publication/41486
Thank you for your comment.
He's without-a-doubt referring to Krugman...
Next you know, someone will say the same thing about the rest of the underfunded liabilities.
Denial….!
California is next. They just voted in job killing taxes. Thus more jobs will leave California and the last one paying taxes can turn the lights out when he leaves.
All of this proves that we must follow Greece into the ground at high speed.
We can’t look at their failures and learn from them.
Greed. If you did not earn it, it is not yours. If you work for a government, you serve the people. If you serve the people you should be thankful that we allow you to steal from our table. Don’t believe me. Well then maybe I should stop earning a living too. Maybe we all should. What will you tax then?
He really should grow a Hitler mustache.
Found this for you Heil Bammy
It's not my creation but you will be OK to use it.
And, YES! You've done yeomans work, Renee.
That is what Congress is there to do. And, we are the ones who put them there, to serve THE PEOPLE.
Some of us have some colour because we might be doing some (or a lot!) of our Work on the Golf Course. And then there are those who should be doing some (or a lot!) of their Work in the Halls of Congress...
Renee...for the longest time, I'd been trying to figure out my Green Tan; then it finally HIT me!....Concert Lights.
Haahahaa!!
YES....he has got to go...
(I can hardly wait for the Leftists to come and deride us for "eating our own." They wouldn't know who "our own" are if we dipped them (a RINO) in Batter and slapped them across the face with them).
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I just fell for fantasy-realistic that happening is not even in the near future..although its nice to picture it! They wont Scott, they wouldnt dare.
"Honesty from our leaders, honesty from the media that is supposed to be the watchdog and the honesty when we think that one party or the other will fix the problem." Clearly, we can no longer count on any of the above.
The question now is are you going to be the person on TV crying because everything has been destroyed and the government is not able to help? Or are you going to be the one who structures his life ahead of time to prepare for the impact? I hope we can learn to be the latter...
...until the ChiComm calls in the IOU's...
Can you say FUC*ED?
I can.
Snorkeling Practice begins tomorrow...
I went deep sea snorkeling once in the Galapagos. I saw a shark. If you were there with me, you would have heard me shout underwater. Kind of like, "BLUBGLUBBLUG!!!"
Wow...the Galapagos...amazing. A veritable 'Jacqueline Cousteau!" No worries, I'd have ciphered your "BLUBGLUBBLUG," grabbed you by your String Bikini and hauled you to safety. ;]
Mine, too.