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Geithner: Can't let deficit fears stop investments
Reuters ^
| April 4, 2012
| By Karen Pierog
Posted on 04/04/2012 8:10:34 AM PDT by Oldeconomybuyer
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To: Oldeconomybuyer; All
2
posted on
04/04/2012 8:12:40 AM PDT
by
musicman
(Until I see the REAL Long Form Vault BC, he's just "PRES__ENT" Obama = Without "ID")
To: Oldeconomybuyer
Yes, anything to speed up the destruction of the American capitalist economy....you tell ‘em Tax Cheat Giethner.
3
posted on
04/04/2012 8:14:15 AM PDT
by
EagleUSA
To: Oldeconomybuyer
If a guy can’t even fill out “Turbo Tax” he’s not my choice for financial advice. Besides, he’s a Marxist just like the rest of the administration’s cabal.
4
posted on
04/04/2012 8:16:34 AM PDT
by
Don Corleone
("Oil the gun..eat the cannoli. Take it to the Mattress.")
To: musicman
"He said the U.S. economy still was in the process of deleveraging, or paying down excessive debts from the 2007-2009 financial crisis"
How does incurring more debt than any other place or time in history "pay down" prior debts? Sorry but I'm not connecting the dots here.
To: Oldeconomybuyer
I wonder if fears of a solitary cell in Leavenworth for the rest of his criminal life would help tax-cheat Timmy control spending?????
6
posted on
04/04/2012 8:25:02 AM PDT
by
hal ogen
(1st Amendment or Reeducation Camp?)
To: Oldeconomybuyer
Let me simply restate the words of what Timmy is saying...
Don't let your fear of our destroying the United States cause you to prevent us from actually destroying the United States.
7
posted on
04/04/2012 8:25:10 AM PDT
by
C210N
(Mitt "Severe Etch-a-Sketch" mcRominate-me)
To: musicman
That cartoon is priceless!
I watched “Inside Game” again last night. Timmy and the rest of them can ALL step off.
8
posted on
04/04/2012 8:27:44 AM PDT
by
SueRae
(Tale of 2 Towers - First, Isengaard (GOP-e), then, the Tower of Sauron on 11.06.2012)
To: SueRae
(Thanks!) I liked "Inside Game" also!!
9
posted on
04/04/2012 8:35:52 AM PDT
by
musicman
(Until I see the REAL Long Form Vault BC, he's just "PRES__ENT" Obama = Without "ID")
To: Oldeconomybuyer
10
posted on
04/04/2012 8:37:46 AM PDT
by
Carriage Hill
(I'd vote for a "orange juice can", before 0bummer&HisRegimeFromHell, gets another 4yrs. Can-> later.)
To: Oldeconomybuyer
There are few real investments associated with gov’t spending, timmy.
11
posted on
04/04/2012 8:40:36 AM PDT
by
Paladin2
To: circlecity; C210N
IMHO, C210N brilliantly answers your question in Post #7 !!
12
posted on
04/04/2012 8:40:51 AM PDT
by
musicman
(Until I see the REAL Long Form Vault BC, he's just "PRES__ENT" Obama = Without "ID")
To: Oldeconomybuyer
The word "investment" when he uses it is a lie.
13
posted on
04/04/2012 8:41:59 AM PDT
by
BitWielder1
(Corporate Profits are better than Government Waste)
To: Oldeconomybuyer
Geithner: Can't let deficit fears stop investments This is the same idiot that is Sec of the Treasury, a proven liar and tax cheat and admits to being so stupid he can't operate Turbo Tax, right?
Well Tim, what about the $16 TRILLION we owe and really have no hope of paying? The fact that our credit rating is sinking, the fact that the economy is in the gutter - Isn't that fear enough to want to make some budget cuts?!?
14
posted on
04/04/2012 8:47:19 AM PDT
by
The Sons of Liberty
(Psalm 109:8 Let his days be few and let another take his office. - Mene, Mene, Tekel, Upharsin)
To: Oldeconomybuyer
15
posted on
04/04/2012 8:51:30 AM PDT
by
Mortrey
(Impeach President Soros)
To: Oldeconomybuyer
There is no economic or financial case for using the fear of future deficits to cut as deeply into core functions of the government, The Keynesian reliance on increased government spending and huge budget deficits leads to an assault on savings,an increased national debt burden,increased confiscatory taxation, increased risk of national bankruptcy,and inflation. These lead to decreased capital accumulation,decreased productivity of labor,decreased economic growth, decreased prosperity, decreased real wages and standard of living for the average worker, and economic decline.
To say there is no need to fear budget deficits is another example of the dishonesty of Keynesians who use it as a pretext for more statism and interventionism.
16
posted on
04/04/2012 8:58:37 AM PDT
by
mjp
((pro-{God, reality, reason, egoism, individualism, natural rights, limited government, capitalism}))
To: Paladin2
Investment is just a code word for vote buying.
To: Oldeconomybuyer
Americans can’t let fear of deficits stop necessary government spending Treasury Secretary Timothy Geithner said on Wednesday
I see the problem right away.
“necessary government spending”
I would venture that at least 30% of government spending is both unnecessary and never intended under our form of Government.
18
posted on
04/04/2012 9:06:03 AM PDT
by
SECURE AMERICA
(Where can I sign up for the New American Revolution and the Crusades 2012?)
To: Oldeconomybuyer
"...Americans can't let fear of deficits stop necessary government spending..." It isn't often that we get to the cleavage point of a particular issue in the first sentence of any discussion anymore.
Does necessary include loans to Obama supporting businesses, benefits for illegal immigrants, sex changes for inmates, birth control for Sandra, bike trails, NPR, PBS, High Speed Rail projects, etc?
19
posted on
04/04/2012 9:06:20 AM PDT
by
rlmorel
(A knife in the chest from a unapologetic liberal is preferable to a knife in the back from a RINO.)
To: SECURE AMERICA
Dang. You beat me. GMTA.
I suspect the amount is 30-50% somewhere. That is a lot of money that we don’t have.
20
posted on
04/04/2012 9:09:09 AM PDT
by
rlmorel
(A knife in the chest from a unapologetic liberal is preferable to a knife in the back from a RINO.)
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