Posted on 05/16/2011 7:13:54 AM PDT by SeekAndFind
OK folks, John Maynard Keynes used to say in response to criticisms of his proposals regarding how it will affect the nation’s economy in the long run... “In the long run, we are all dead”.
Well, he was wrong. The long run has arrived and we’re all alive to see it.
READ Geithner’s plans....
First up, a raiding of government retirement funds!!
Uh-oh. The game of hardball has begun.
Time to put away the popcorn.
Geithner Implements Emergency Measures
RE: Does that mean he resigned?
We can only wish...
I vote Congress and presidential pension funds go first
Cut Congressional (reps, senators, and staffers) salaries by 5% every day until the Senate passes Paul Ryan’s budget. Immediately suspend all congressional taxpayer-paid travel. Withhold payment to the U.N. Suspend all funding for Obamacare. I can think of more, but this would be a good start.
They are quickly shuffling this to make it look like those dirty Republicans fault.
What Geithner is doing will have a serious impact on the markets and consumer spending. (By design)
Well, well, we are broke, now we can’t send 5-10 billion here and there at every world event. /yeahright
IRA's and 401k's, fixed it.
That means he won't be using TURBO TAX
RE: IRA’s and 401k’s, fixed it.
Only if cowardly Americans let them. For me, it’s over my dead body.
Agreed.
I think I can just make out Geithner up there re-arranging the deck chairs.
They said this might happen someday, I just didn't think it would be today! Cut spending NOW!
Wasn’t it just two weeks ago that he said, due to the influx of tax money, we wouldn’t hit the ceiling until sometime in August? Hmmmmmmm.
If they raid the 401k and IRA do they have to pay the 33% tax on early withdrawl?
No need for your demise; it’d be done electronically with little or no warning, probably at 2 a.m., or as Frank Zappa once put it, .....”while your children are sleepin, and yer puppy is crappin”.
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