Geithner Tells Town Hall: 'We Have to Change Things'

CNBC ^ | Thursday, 10 Sep 2009 | By: Jeff Cox

[goodnesswins]

"He chose to avoid making definitive statements about whether a tax increase was in the cards to help trim down the deficit. But he reiterated Obama's pledge during a speech to the nation Wednesday night that there would not be a tax hike to pay for health care reform."

LIAR

[Sarah Barracuda]

Hey Timmy, next April, focus on paying your damn taxes this time Ok

[cranked]

Yeah, some of “we” certainly have to learn to change things....like admitting that spending money “we” don’t have will not get “we” out of debt, eh Turbo Tax man?

[This_far]

But he reiterated Obama's pledge during a speech to the nation Wednesday night that there would not be a tax hike to pay for health care reform."

[on a regional TV show here in Montana, "Face the State"]

Max Baucus said that there was no provision for illegals getting health care under "the bill". His reasoning was that there was NO FUNDING FOR IT! (well, gee Max, couldn't THAT change?)

[VeniVidiVici]

"We understood how bad this was—how damaging this was—and we did things that people were incredibly critical of because we knew that this was getting away from us," Geithner told a special CNBC town hall meeting Thursday.

Haven't Obama and his minions been telling us for months that they had no idea how bad it was. I think they are still saying that.

[denydenydeny]

Also in keeping with Obama's speech, Geithner used the opportunity to take a few jabs at the Bush administration for overspending.

This is something like Bernie Madoff angrily denouncing the crime of shoplifting.

[Deo volente]

"...the most important thing now, we can do, is to get this economy back to where we’re growing; where firms are investing again; people are creating jobs again,"

How can firms invest and jobs get created if the banks won't lend any money??

The credit crunch is deep and extreme. It's very, very difficult to get any kind of business loan or mortgage, and credit limits are being cut to the bone for millions of borrowers.

This sort of talk by Geithner seems like a fantasy. They're going to have to go to Plan B and figure out a way to get the banks to loan money again, or this economy is eventually going to grind to a complete stop.

[Tzimisce]

Yeah!

People shouldn’t be allowed to get away with tax fraud like I did. :)

[Centurion2000]

Geithner Tells Town Hall: 'We Have to Change Things'

We can start with getting back to the rule of law after your boss is ridden out of town on a rail.

[NRA2BFree]

There will be enough rope for this scumbag too!!

[M. Espinola]

Poor little tax cheat Timmy, Big Banking's messenger boy, looks sooooo upset. What will his bosses think at Goldman Sachs? For compensation to sooth poor Timmy's shattered nerves, while being confronted with the truth concerning his treasonous financial high crimes, some additional tax-funded briefcases, in Euros & Swiss Francs, deposited in his numerous, top secret, offshore accounts -- for starters, via Obama Inc., Chicago style.

"What am I going to say to con the dumb sheeple?"

[SkyPilot]

Pay your $%^&# taxes and shut up!

[SunkenCiv]

Asked whether the Federal Reserve and Treasury acted too slowly when the financial system began collapsing and if it intervened too much once it got involved, Geithner rejected both assertions. "It feels unfair and unjust, but look at what happens if you take too much risk," he said. "If you indulge the sentiment that you can stall the crisis by teaching people a lesson, you're going to make the crisis dramatically worse and you're going to make it much more expensive to solve." By the same token, he said the government is anxious to shed itself of stakes in various financial companies -- Citigroup [C 4.75 0.09 (+1.93%) ] and American International Group [AIG 37.85 -1.04 (-2.67%) ] among others -- but won't do so before the timing is right.

Thanks Jet Jaguar.

[crazyotto]

Gypse, Tramp & Thief Turbo Tax Timmy.

[tiger63]

Tax cheats are a dime a dozen within president wee wee’s circle of friends and appointees.

[ronnie raygun]

Yes we do need to change things, in 2010

[668 - Neighbor of the Beast]

“I think things are going to feel just hard, unacceptably hard, for a long period of time...”

What a pity 0bama didn’t campaign with that slogan.

[ex-Texan]

This Maxine Waters video is hilarious. But true. Waters admits she follows a socialist agenda:

Waters Revealed Obama's Marxist Agenda During Questioning of Shell Oil Executive

We are being led by a bunch of turncoats and greedy back-stabbing NWO socialists. Geithner is a member of a gang of Federal Reserve Thugs. He is funding the government right down the drain.

[Achilles Heel]

Yup—concentrate on paying your fair share for once, Mr Turbo Tax man. Can’t believe this tax cheat has the job.