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Geithner Says U.S. Economy No Longer World Leader
ECR ^ | 25 Jun 10 | EC

Posted on 06/25/2010 4:58:35 PM PDT by nysuperdoodle

I guess we really shouldn't be surprised. After all, this is what Obama and his team of globalists wanted, wasn't it? It's pretty much what he promised his hate-America base. If anyone was listening, they would have heard it.

US Treasury Secretary Timothy Geithner has told the BBC that the world "cannot depend as much on the US as it did in the past".

He said that other major economies would have to grow more for the global economy to prosper.

He also played down any differences in policy between the US and Europe regarding deficit reduction.

Mr Geithner was speaking in Washington ahead of G8 and G20 meetings this weekend in Toronto.

He said all members of the group were "focused on the challenge of [building] growth and confidence", and would be working to this end at the meetings.

(Excerpt) Read more at evilconservativeonline.com ...


TOPICS: Politics
KEYWORDS: bbc; business; canada; confidence; davidcameron; deficit; deficitreduction; economy; europe; g20; g8; geithner; global; globaleconomy; globalists; growth; hatemaerica; leaders; majoreconomies; obama; primeminister; reduction; team; toronto; treasurysecretary; us; washington; world

1 posted on 06/25/2010 4:58:38 PM PDT by nysuperdoodle
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To: nysuperdoodle

How the heck this is not treason is beyond me


2 posted on 06/25/2010 5:00:23 PM PDT by mirkwood
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To: nysuperdoodle

Just a well-known announcement to keep the anti-American Soros mob happy. Afterall, they must be kept informed that their HUGE investment in Obama is netting them their goal.


3 posted on 06/25/2010 5:02:43 PM PDT by EagleUSA
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To: mirkwood
..it's not beyond you or anybody, it is what it is , T R E A S O N !
4 posted on 06/25/2010 5:03:47 PM PDT by norraad ("What light!">Blues Brothers)
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To: nysuperdoodle

...thanks to Bowboy and the rat leadership


5 posted on 06/25/2010 5:03:47 PM PDT by Doogle (USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated)
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To: nysuperdoodle

Well, and yet these idiots think that the Chinese and Russians will welcome them to the tables of power with open arms.


6 posted on 06/25/2010 5:04:41 PM PDT by Niuhuru (The Internet is the digital AIDS; adapting and successfully destroying the MSM host.)
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To: nysuperdoodle

Well it was before these clowns took over, is this an admission of defeat and that they were WRONG? (Disgusting!!)


7 posted on 06/25/2010 5:07:26 PM PDT by ThePatriotsFlag (http://www.thepatriotsflag.com - The Patriot's Flag)
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To: nysuperdoodle

If you vote in some people that want to damage the U.S. then they have the power to do so. This regime is systematically destroying our fossil fuel access. Guess what...I am in Maine and I need oil to survive.


8 posted on 06/25/2010 5:07:41 PM PDT by mirkwood
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To: nysuperdoodle
US Treasury Secretary Timothy Geithner has told the BBC that the world "cannot depend as much on the US as it did in the past".

Mission accomplished.

9 posted on 06/25/2010 5:12:54 PM PDT by Right_in_Virginia
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To: nysuperdoodle

We just need a little garbage collection, then things will be fine.

Carter was the same kind of stooge ... Although it’s looking like Obama will do him one better. Carter was fond of saying the world would be all out of oil by the year 2000. That’s why he had this giant synfuels boondoggle that went bust. And the Savings and Loan debacle ... and and and ... and finally he just settled on watching the Iranian Hostage crisis on TV, until a real man got elected. Then va va va voom ...

Just think what America could do with $30 a barrel oil that you can refine from coal.


10 posted on 06/25/2010 5:14:45 PM PDT by Tarpon (Obama-Speak ... the fusion of sophistry and Newspeak. It's not a gift, it's just lies.)
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To: nysuperdoodle

Is this Little Timmy’s way of saying “my work here is done?”


11 posted on 06/25/2010 5:14:58 PM PDT by TigersEye ("Flotilla" means "pirate ships running supplies to terrorists.")
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To: nysuperdoodle

Thanks Dims. We will not forget in November. You guys are finished.


12 posted on 06/25/2010 5:15:07 PM PDT by Nuc 1.1 (The new improved version of NUC 1. This version will remember his password.)
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To: mirkwood
Guess what...I am in Maine and I need oil to survive.

Either move south,, or get ready to join the "National Workers Party" to get oil... sorry. The North is known for its Unions!!!!

13 posted on 06/25/2010 5:16:23 PM PDT by 2aberro
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To: nysuperdoodle

If you vote in some people that want to damage the U.S. then they have the power to do so. This regime is systematically destroying our fossil fuel access. Guess what...I am in Maine and I need oil to survive.


14 posted on 06/25/2010 5:17:14 PM PDT by mirkwood
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To: nysuperdoodle

Uh, yeah, Mike.

Cut three of the horse’s legs off and flog him with a bat every day and he’s likely not going to compete on the track.

We keep using the word smart to describe these people. Other words come to mind.


15 posted on 06/25/2010 5:17:57 PM PDT by lurk
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To: nysuperdoodle

Obama needs a “MISSION ACCOMPLISHED” banner.


16 posted on 06/25/2010 5:20:48 PM PDT by Pollster1 (Natural born citizen of the USA, with the birth certificate to prove it)
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To: mirkwood
How the heck this is not treason is beyond me

I can see why it isn't treason.

I can't see why Geithner and Paulson and Bush and Obama and McCain and Frank and Dodd and everyong else that put us here haven't been groin kicked until their oysters flew from their mouths and fell like rain...oh, wait...for Barney Frank that would be impossible.

17 posted on 06/25/2010 5:21:16 PM PDT by stevem
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To: Tarpon

Though it was 60/bbl about two years ago. Still, it would break the middle east cartel, put Americans to work, and reinvigorate our economy by saving everyone that uses oil money. As economies of scale kick in it would be even cheaper. Oil from coal is a great way to go. As is more drilling.


18 posted on 06/25/2010 5:23:26 PM PDT by Nuc 1.1 (The new improved version of NUC 1. This version will remember his password.)
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To: stevem

Thanks, you anti-American tyrannical loser DIMs. You asshat moonbats have really almost succeeded in turning America into a third-rate nation. I One can only hope that Justice finds you all.


19 posted on 06/25/2010 5:25:25 PM PDT by hal ogen ($10 (I think) amounts through the internet from all over the world.)
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To: nysuperdoodle
"US Treasury Secretary Timothy Geithner has told the BBC that the world "cannot depend as much on the US as it did in the past".

If that doesn't take the prize for understatement.

The world can't count on the United States for anything good as long as the Keystone Cops are in charge.

20 posted on 06/25/2010 5:25:56 PM PDT by TheClintons-STILLAnti-American
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To: stevem

With Barney, somebody’s oysters would come flying out of his mouth.


21 posted on 06/25/2010 5:27:14 PM PDT by Richard Kimball (We're all criminals. They just haven't figured out what some of us have done yet.)
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To: nysuperdoodle

Largely because of his Boss’s policies...


22 posted on 06/25/2010 5:27:56 PM PDT by bamahead (Few men desire liberty; most men wish only for a just master. -- Sallust)
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To: TheClintons-STILLAnti-American

i can see November from my house...with apologies to Sarah Palin. NO-vember.


23 posted on 06/25/2010 5:28:20 PM PDT by avital2
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To: nysuperdoodle

And the sign above commie Obama’s desk reads “Mission Accomplished!”


24 posted on 06/25/2010 5:30:42 PM PDT by meyer (Big government is the enemy of freedom.)
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To: avital2

November won’t matter one bit.


25 posted on 06/25/2010 5:33:48 PM PDT by GlockThe Vote
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To: mirkwood

Because this country is lost. Deal w it.


26 posted on 06/25/2010 5:34:55 PM PDT by GlockThe Vote
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To: bamahead

Bush’s Bailouts didn’t help matters any.


27 posted on 06/25/2010 5:35:41 PM PDT by dfwgator
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To: Richard Kimball
With Barney, somebody’s oysters would come flying out of his mouth.

Indeed. Today, I heard Rush's sound bite by this clown. He defeinitely has a mouth full of something.

28 posted on 06/25/2010 5:36:47 PM PDT by stevem
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To: mirkwood
I am in Maine and I need oil to survive.

Why, do you drink it?

Every American uses some oil no matter where they live.

29 posted on 06/25/2010 5:38:08 PM PDT by ROCKLOBSTER (Who allowed the worst oil pollution disaster in American history and did nothing?)
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To: nysuperdoodle
"...by the neck until dead, and then to be buried in expired copies of TurboTax..."


Frowning takes 68 muscles.
Smiling takes 6.
Pulling this trigger takes 2.
I'm lazy.

30 posted on 06/25/2010 6:32:58 PM PDT by The Comedian (Evil can only succeed if good men don't point at it and laugh.)
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To: mirkwood

I hope, when this is all over and the CITIZENS of the USA take the government back, that all of these criminals will stand trial and do hard time for their crimes.


31 posted on 06/25/2010 6:34:50 PM PDT by Shady (No more LAWS based on LIES!!!!)
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To: nysuperdoodle

In one sense, one can make too much, and too much conspiratorial sense, in Geithner’s comment.

The widest truth about economic “progress” across the globe today is not actually so much a “decline” of the U.S. as it is vast improvement of so many others.

The “whole” is now not only larger but now includes so many nations who were basket cases just a few decades ago.

The U.S. is still the world’s largest single national economy, but with so many others now living up to U.S. standards, that largest single economy, among them all, is a smaller % of the total world economy than it used to be, when the world’s economy, as a whole, did so much worse.

In that sense, it IS, very naturally, no longer true that the U.S. economy alone CAN buy enough from the world and take in enough of the world’s capital investment, to pull the whole world up with it. It can still make the largest contribution in that effort, much larger than anyone else, but the improved economic levels attained by so many others also now demands, requires their contributions, in order to sustain greater world trade and investment.

Again, the essential matter is not as much one of American decline as it is the greater level of achievement, from the past, by so many others. The whole - the world economy - now includes their achievements; a contribution as well as a “need to be sustained condition” that did not exist fifty years ago. That’s why we alone cannot lift all of them, on our own, as much as we may have in the past.

HOWEVER, an American public official who understands this can mis-communicate that understanding in a way that does create unwarranted negative perceptions, at home and abroad, about its meaning and its impact.

However, that said, I do believe that Geithner’s ideologue of a boss, is not displeased with the notion that the perceptions of the importance of the U.S. SHOULD BE TAKEN DOWN A PEG. Under different leadership, a U.S. treasury secretary’s comments might take a different, more American shape than what Obama’s concerned with.


32 posted on 06/25/2010 6:44:18 PM PDT by Wuli
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To: nysuperdoodle

You want to improve our economy? Boycott China! Yeah, yeah, I know all about the WTO and all that stuff. It’s time to get tough with those goys. Stop buying Chinese junk and you just watch our econmy pick up. The other day at the supermarket, I picked up a little jar of fruit slices for later. When I got home, I looked at the label and...you guessed it! Made in China. Remember the poisoned dog food from China last year? We gotta stop buying all this Chinese crap. IMO.


33 posted on 06/25/2010 7:04:47 PM PDT by navyblue (<u>)
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To: navyblue

goys should be guys


34 posted on 06/25/2010 7:10:32 PM PDT by navyblue (<u>)
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To: navyblue

goys should be guys


35 posted on 06/25/2010 7:10:41 PM PDT by navyblue (<u>)
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To: navyblue

Its more complicated than that. Clinton started the road to ‘interdependence’with GATT, NAFTA and the WTO. Bush perfected it with Robert Zoellick in the USTR and the traitorous “free trade” agenda. Obama today said our economy was so interdependent on other countries that we can never be independent again. It’s why he’s signing that vile banking ‘reform’ law on Independence day. Its to rub our face in the fact that it will destroy to the last drop any independence we have left, economically speaking.

You and I are soon to be slaves, brother.


36 posted on 06/25/2010 7:14:49 PM PDT by hedgetrimmer
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To: nysuperdoodle; 1rudeboy

“Free traitor” ping.


37 posted on 06/25/2010 7:15:39 PM PDT by hedgetrimmer
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To: hedgetrimmer

I know my friend. It IS complicated. If we officially boycotted a WTO nation, we would get slammed by the WTO. But it’s not complicated for me personally. As long as I still have a choice, I will not buy thier junk. And I do not have any agreement with the WTO. So for now, at least, I will do my own thing.


38 posted on 06/25/2010 7:29:55 PM PDT by navyblue (<u>)
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To: nysuperdoodle; All

This is actually not wrong. TurboTimmy just said it in a way that is as unflattering to the US as possible, and doesn’t deliver the hard truth to the other countries.

Here’s the situation and what he really means:

The US has a horrible trade deficit. Everyone knows this. What hasn’t “sunk in” to everyone yet is that the US consumer’s ability to consume was powered by easy credit in the last 10 years, not fundamental increases in household income.

China, S.Korea, Japan, Taiwan, Germany all depend (critically!) on the US consumer buying their stuff. There is simply no way that the US consumer can consume at prior levels right now, and going forward, with the demographics of the Boomer generation moving into retirement like a pig moving through a python, there’s a dearth of high-spending people in the next age cohort younger than the boomers. What TurboTimmy is saying is “If your export-led nation is expecting and relying on the US consumer to pull your GDP up to pre-2008 levels.... you might need a Plan B there.”

The better, more accurate way to deliver this message would be “You won’t be able to see all your crap to US consumers any more.” Instead, he presents the same information as “We’re losers who are going down for the count.”


39 posted on 06/25/2010 8:41:57 PM PDT by NVDave
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To: hedgetrimmer

protip: if you decide to go down the “free traitor” path, please let us know in advance to whom you refer


40 posted on 06/26/2010 4:20:34 PM PDT by 1rudeboy
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To: nysuperdoodle

When we let a tax evader hold the job of US Treasury Secretary He is right for now, But not after November.


41 posted on 06/26/2010 5:57:34 PM PDT by opentalk
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To: hedgetrimmer

Soon to be? I have pretty much been a 40% to 50% slave all my life and that is not counting all the time I spend in accounting for how much of my life I have to give them. They are monsters.


42 posted on 06/28/2010 3:34:08 PM PDT by Goreknowshowtocheat
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To: hedgetrimmer

Soon to be? I have pretty much been a 40% to 50% slave all my life and that is not counting all the time I spend in accounting for how much of my life I have to give them. They are monsters.


43 posted on 06/28/2010 3:34:21 PM PDT by Goreknowshowtocheat
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To: ROCKLOBSTER

Last winter was 20 degrees below zero for 2 solid weeks. What would you suggest? I already have 2 wood stoves. We do not have natural gas here in Maine. You are saying that oil is NOT a lifeline to millions of Mainers? Should I just freeze to death just for you? I think not.


44 posted on 07/05/2010 6:03:00 PM PDT by mirkwood
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To: mirkwood
Last winter was 20 degrees below zero for 2 solid weeks.

I don't remember that. Where are you, Fort Kent?

I already have 2 wood stoves...What would you suggest?

Moving them inside a habitable building. Having done that, there's this new-fangled thing called "insulation".

We do not have natural gas here in Maine.

Actually we do, but instead of letting you heat your home with it, they stupidly waste it making electricity.

You are saying that oil is NOT a lifeline to millions of Mainers?

No I'm not, but we certainly don't have any. Is there a well I'm not aware of?

Should I just freeze to death just for you? I think not.

No, but since we do have a tree trying to grow on every square foot of Maine, a lot of people are finding satisfaction with those outdoor boilers that take 4' logs.

45 posted on 07/05/2010 9:02:46 PM PDT by ROCKLOBSTER (Who allowed the worst oil pollution disaster in American history and did nothing?)
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