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Geithner Rocked at Senate Hearing, Forced to Admit the Truth About Obamanomics
Fox Nation ^ | February 17, 2011 | Unknown

Posted on 02/17/2011 6:07:34 PM PST by BamaBlue

Sen. Jeff Sessions: “…Under your budget, the interest increases each year. It was $187 billion in 2009, under your proposal it increases to $844 billion”

Treasury Tim Geithner: “Senator, absolutely, it is an excessively high interest burden, it’s unsustainable”

(Excerpt) Read more at nation.foxnews.com ...


TOPICS: Business/Economy; Front Page News; News/Current Events
KEYWORDS: notaxes4dnc; notaxes4geithner; notaxes4kerry; notaxes4rangel; timgeithner
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To: BamaBlue
...it’s unsustainable”

The word "unsustainable" seems to be all the rage in the hussein obama administration - they claim anything and everything is unsustainable. Usually they're trying to justify some rash and ill-considered decision that expands government and/or takes away freedoms and liberties.

Well, hussein, I've got one for you: you and your administration are unsustainable. The US will be better off the quicker it can get rid of you. Is it 1/20/13 yet?

21 posted on 02/17/2011 7:14:18 PM PST by ThunderSleeps (Stop obama now! Stop the hussein - insane agenda!)
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To: BamaBlue

Everything Geithner said regarding the questioning before the committee had the exception of the real estate markets, a clear indication and admission that the American People are being blown a bunch of smoke. It is all BS. There are major hurdles about to rock our economy and Double Dip is in order; can you say DEPRESSION Yet? The Federal Government has NO Credibility! My prediction: PAIN
All the while Congress is asleep at the wheel in spending denial!


22 posted on 02/17/2011 7:15:18 PM PST by Soul Citizen
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To: posterchild

Senator Sessions is the best! So proud to have him as my senator.


23 posted on 02/17/2011 7:16:24 PM PST by Himyar
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To: Panzerlied

Yep and he will get some cushy job at the UN where he is a known buildaburger NWO big shot. Or Obama will appoint him to the civil rights commission to stop all investigations that impede Holder and Obama. WAIT Obama already did that with a lesbian and progressive communist times 2.

Timmy can go to C H I C A G O to corrupt more in Obama’s billion dollar bogus campaign.


24 posted on 02/17/2011 7:17:12 PM PST by Dubya-M-DeesWent2SyriaStupid! (Obama:If They Bring a Knife to the Fight, We Bring a Gun (the REAL Arizona instigator))
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To: True Republican Patriot

I for one do believe as you posted.


25 posted on 02/17/2011 7:34:16 PM PST by rockinqsranch (Dems, Libs, Socialists, call 'em what you will, they ALL have fairies livin' in their trees.)
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To: BamaBlue
US will not make drastic budget cuts, Geithner tells Davos
26 posted on 02/17/2011 7:37:49 PM PST by FromLori (FromLori">)
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To: musicman

27 posted on 02/17/2011 7:39:52 PM PST by FromLori (FromLori">)
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To: FromLori

OMG!!!!

Fire! Hehe he he heheeeeheeeeeheehee Fire fire hehehe firefirefire hehehe

LOL That is just too damn funny!!!!


28 posted on 02/17/2011 8:00:27 PM PST by Danae (Anailnathrach ortha bhais beatha do cheal deanaimha)
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To: BamaBlue

Oh, where is Lassie when he needs her? Little Timmy is gonna get an asswhuppin’ tonight!


29 posted on 02/17/2011 8:13:32 PM PST by ratsreek
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To: gov_bean_ counter

There just aren’t enough Sessions and Demints and Inhofes, etc., in the senate.


30 posted on 02/17/2011 8:15:33 PM PST by ratsreek
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To: Brilliant

Hmmmm.....your post and this entire event makes me wonder........if Hussein is starting to experience trouble in keeping his minions on the reservation. Petraeus is bailing out, little Timmy Geithner is running off at the mouth, the public employee unions are being shamed into unraveling, Napolitano got caught telling the truth about the border fence and Sebelius’s infant murder squads got caught in a sting last week.

I guess being a dictator in a republic isn’t as easy as he thought it would be.


31 posted on 02/17/2011 8:22:03 PM PST by ratsreek
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To: ratsreek
Agreed. The great piece of political irony was for Sen. Sessions to sit on a committee with the Swimmer a decade or so after fat-boy declared Jeff unfit for the judiciary.
32 posted on 02/17/2011 8:22:48 PM PST by gov_bean_ counter (I am proclaiming 2011 as the year of ME!)
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To: MrPiper

Huh? Is he ill? What do you mean, “He doesn’t look or sound great....”?


33 posted on 02/17/2011 8:24:04 PM PST by ratsreek
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To: blam
"It seems like everything out of everyone's mouths these days is the word ‘unsustainable’

Or the campus left-wing greenie buzzword "sustainability."

Which is actually an attractive term which we should co-opt, as in "The President's budget is utterly lacking in sustainability."

34 posted on 02/17/2011 8:36:51 PM PST by cookcounty (We can't be overdrawn, we still have moreT-Bill paper!)
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To: Panzerlied

Actually, Geithner was throwing down the gauntlet, now that I actually see the video. He plainly says, yep, there it is. Now what’re YOU gonna do about it? Let’s see your ideas.

It’s a setup to demogogue the pubs as wanting to starve granny. Let’s see if the pubs can figure this out in advance and find an alternate political strategy to their usual Deer-in-the-Headlights strategy as they present budget cuts.

What this really was is the obastard administration giving congressional pubs the middle finger.

Nevertheless, to the dimwits who don’t pay attention and only pick up bits and pieces through headlines and two-minute news reports on the radio, this was a good soundbyte even though the impression taken away by the listener is totally NOT what Geithner was really saying.


35 posted on 02/17/2011 8:40:00 PM PST by ratsreek
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To: BamaBlue
"Under your budget, the interest increases each year. It was $187 billion in 2009, under your proposal it increases to $844 billion”

And that is based on the assumption that interest rates will remain low. A return to Carter-era rates would literally mean that MOST of our expenditures would be to pay interest.

36 posted on 02/17/2011 8:40:55 PM PST by cookcounty (We can't be overdrawn, we still have moreT-Bill paper!)
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To: Panzerlied

“Under the bus for Timbo!”

That’s what I was thinking. It was fun to watch him squirm under questioning. Obama is not going to be happy with him. It’s like Hillary and Tim are turning on him.


37 posted on 02/17/2011 8:40:59 PM PST by charlie72
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To: FromLori

38 posted on 02/17/2011 9:13:15 PM PST by musicman (Until I see the REAL Long Form Vault BC, he's just "PRES__ENT" Obama = Without "ID")
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To: blam

“It seems like everything out of everyones mouths these days is the word ‘unsustainable’.”

Or the other “u” word: “unexpected’.


39 posted on 02/17/2011 9:49:21 PM PST by Rennes Templar ( Reagan: " When I was young we were poor, but the gov't didn't have to tell us we were poor")
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To: ReverendJames
"Mr. Geitner. How long could you sustain your household if you spent more than you took in?"

A: "A really long time 'cause I'll just cheat on my taxes."

40 posted on 02/17/2011 10:22:48 PM PST by Uncle Miltie ("And did you exchange a walk on part in a war, for a lead role in a cage?")
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