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Geithner: GOP will bear responsibility for default
Yahoo ^ | 5/17/11 | Pallavi Gogoi - AP

Posted on 05/17/2011 6:38:27 PM PDT by NormsRevenge

NEW YORK (AP) -- Treasury Secretary Timothy Geithner said Tuesday that if Republicans insist on passage of their budget plan as a condition for approving an increase in the nation's borrowing limit, they will be responsible for the consequences.

Speaking to a New York audience, Geithner said that Republicans would bear responsibility for the first debt default in the nation's history if they insist they will not vote for an increase in the $14.3 billion borrowing limit unless they win approval of a House Republican budget plan.

"If Republicans try to impose that plan on this country as a condition for raising the debt limit, then they will own the responsibility for the first default in our history, with devastating consequences," Geithner said in a speech to the Harvard Club of New York.

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Business/Economy; Crime/Corruption; Front Page News; Government; Politics/Elections
KEYWORDS: debt; default; economy; geithner; gop; inneedosomerestraint; notaxes4dnc; notaxes4geithner; notaxes4rangel; responsibility; teachers
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To: NormsRevenge

Yeah, now it’s our fault LoL!

STFU Timmy!


21 posted on 05/17/2011 7:00:01 PM PDT by mylife (OPINIONS ~ $ 1.00 HALFBAKED ~ 50c)
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To: NormsRevenge

Right - the Demon-crats caused the deficit and now blame the GOP?


22 posted on 05/17/2011 7:00:16 PM PDT by SkyDancer (I Believe In The Law Until It Interferes With Justice)
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To: NormsRevenge; All

23 posted on 05/17/2011 7:00:55 PM PDT by musicman (Until I see the REAL Long Form Vault BC, he's just "PRES__ENT" Obama = Without "ID")
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To: NormsRevenge

Funny words from a tax evader. Just like it’s always the bill collector who’s responsible for all those nasty little bills the debtor ran up.


24 posted on 05/17/2011 7:01:17 PM PDT by Oceander (The phrase "good enough for government work" is not meant as a compliment)
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To: NormsRevenge
HEY, TIMMY...


25 posted on 05/17/2011 7:01:33 PM PDT by TCH (DON'T BE AN "O-HOLE"! ... DEMAND YOUR STATE ENACT ITS SOVEREIGNTY !When a majority of the American)
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To: NormsRevenge

Sorry Timmy. You libtards are responsible for this. From the new deal through the great society to national health care, you rotten, stinking, lying, spending, murdering, evil liberals, have been in charge of the government of the animating philosophy behind it. You sir and the policies of your party are behind mess we are in. So... blame the perps, FDR, Truman, Kennedy, LBJ, Carter, Clinton, Obama, and your party’s god Marx. And let us not forget about your party’s abject control of the congress and the courts. Nope Timmy, generations of people just like you caused this. So blame yourself. Not people like me who are putting an end to it.


26 posted on 05/17/2011 7:04:20 PM PDT by Nuc 1.1 (Nuc 1 Liberals aren't Patriots. Remember 1789!)
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To: musicman
LoL! Now that there is funny! ☺
27 posted on 05/17/2011 7:04:31 PM PDT by mylife (OPINIONS ~ $ 1.00 HALFBAKED ~ 50c)
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To: NormsRevenge

28 posted on 05/17/2011 7:04:50 PM PDT by TCH (DON'T BE AN "O-HOLE"! ... DEMAND YOUR STATE ENACT ITS SOVEREIGNTY !When a majority of the American)
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To: NormsRevenge

Fear and smear loud and clear!


29 posted on 05/17/2011 7:06:02 PM PDT by devistate one four (United states code 10.311 Militia Kimber CDP II .45 OORAH! TET68)
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To: mylife

30 posted on 05/17/2011 7:08:37 PM PDT by musicman (Until I see the REAL Long Form Vault BC, he's just "PRES__ENT" Obama = Without "ID")
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To: NormsRevenge

What default on his tax bill?


31 posted on 05/17/2011 7:17:21 PM PDT by bmwcyle (It is Satan's fault)
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To: NormsRevenge
Unfortunately, the House GOP will cave in the end.
32 posted on 05/17/2011 7:17:35 PM PDT by eclecticEel (Life, Liberty, and the Pursuit of Happiness: 7/4/1776 - 3/21/2010)
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To: nolongerademocrat

Out with all of the Democrats! Kick them ALL out! I will never trust another Democrat again in my life!


33 posted on 05/17/2011 7:18:00 PM PDT by Buddygirl
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To: musicman
Timmy were you not the head of the New York Fed when Wall Street came crashing down?

Where are your successes?

34 posted on 05/17/2011 7:18:49 PM PDT by scooby321
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To: NormsRevenge

It has nothing to do with the 4+ Trillion Dollars in additional debt obamma has racked in a little over 2 years? Right?


35 posted on 05/17/2011 7:20:18 PM PDT by rawhide
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To: anton

“Tell that sniveling little tax cheat that the main qualification for the next attorney general should be his willingness to put Geitner in jail.”
__________________________________________________________

Amen!!


36 posted on 05/17/2011 7:22:40 PM PDT by Artcore
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To: NormsRevenge
For crying out loud and the sake of this country,

SOMEONE HAS TO TAKE RESPONSIBILTY!!!

37 posted on 05/17/2011 7:30:41 PM PDT by onyx (If you truly support Sarah Palin and want to be on her busy ping list, let me know!)
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To: musicman
PREFECT! ©


38 posted on 05/17/2011 7:32:47 PM PDT by onyx (If you truly support Sarah Palin and want to be on her busy ping list, let me know!)
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To: NormsRevenge

This guy belongs behind bars.


39 posted on 05/17/2011 7:33:18 PM PDT by marygam ((Obama is not a messiah, wake up folks!))
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To: TCH

40 posted on 05/17/2011 7:35:15 PM PDT by onyx (If you truly support Sarah Palin and want to be on her busy ping list, let me know!)
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