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GEITHNER: 'THE OVERALL COST OF ENERGY FOR CONSUMERS IS DOWN
big Hollywood ^ | 04/16/2012 | Wynton Hall

Posted on 04/16/2012 4:05:01 PM PDT by Jerome Hudson

On Sunday, Treasury Secretary Tim Geithner told ABC's This Week host George Stephanopoulos that Americans are "in a much better position to deal with" soaring gas prices because "the overall cost of energy for consumers is down."

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


TOPICS: Business/Economy; Crime/Corruption; Government; News/Current Events
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On Sunday, Treasury Secretary Tim Geithner told ABC's This Week host George Stephanopoulos that Americans are "in a much better position to deal with" soaring gas prices because "the overall cost of energy for consumers is down."

Then, in another Sunday appearance, Mr. Geithner went on Meet the Press and told NBC's David Gregory that President Obama's handling of the financial crisis has been "extremely successful" and that "history will judge what he [Obama] did as remarkably effective crisis management."

In 2009, Tim Geithner became U.S. Treasury Secretary despite the fact that his confirmation revealed that he had previously failed to pay $17,230 in taxes and interest from 2003 and 2004 and another $25,970 from 2001 and 2002.

1 posted on 04/16/2012 4:05:06 PM PDT by Jerome Hudson
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To: Jerome Hudson
Americans are "in a much better position to deal with" soaring gas prices because "the overall cost of energy for consumers is down."

Huh?

Geithner needs to change his preference in illicit drugs.

2 posted on 04/16/2012 4:07:46 PM PDT by EGPWS (Trust in God, question everyone else)
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To: Jerome Hudson

what in the world is this lunatic thinking.two months ago my gas and electric bills were larger by 20% than they have ever been


3 posted on 04/16/2012 4:09:52 PM PDT by paul51 (11 September 2001 - Never forget)
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To: Jerome Hudson

Is Geithner completely nuts? Does he think that anyone would believe this after paying their latest fuel bills? Or electric bills?


4 posted on 04/16/2012 4:10:01 PM PDT by Cicero (Marcus Tullius)
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To: Jerome Hudson

That is a damn lie.

FU Geithner. You don’t even pay your taxes. Who in the world would believe a word that comes out of your mouth.

My PG&E bill is says energy costs to heat and light the home are up.


5 posted on 04/16/2012 4:10:24 PM PDT by A message
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To: Jerome Hudson

I wonder what with the rules the IRS is proposing will he be able to travel overseas?


6 posted on 04/16/2012 4:10:50 PM PDT by SkyDancer ("Talent Without Ambition Is Sad - Ambition Without Talent Is Worse")
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To: Jerome Hudson

“GEITHNER: ‘THE OVERALL COST OF ENERGY FOR CONSUMERS IS DOWN”

The only way that could be true is because natural gas prices are down.

And natural gas prices are down because of exploration, fracking, and a “drill baby, drill” policy instituted before Obama took office - that one we can lay on the Bush administration.


7 posted on 04/16/2012 4:12:25 PM PDT by Stosh
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To: Jerome Hudson

There’s no limit to the lies that can come out of these Obamanoids. The overall cost? Overall, I don’t see what the hell you’re talking about when I pay my electric bill, gas bill, phone bill, cable bill, water bill or sewer bill. Its all up. What a load of horsepoop.


8 posted on 04/16/2012 4:12:32 PM PDT by JewishRighter (Anybody but Hussein)
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To: Jerome Hudson

My electric provider is raising rates in response to the falling demand.

http://www.freerepublic.com/focus/f-news/2854757/posts


9 posted on 04/16/2012 4:12:32 PM PDT by cripplecreek (What does it profit a man if he gains the whole world but loses his soul?)
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To: Jerome Hudson

Average income for a family of 4 has GONE DOWN $600 since zero has been in office...

and gas prices have DOUBLED.

No wonder this administration’s economic policies are a joke...

these guys can’t even add and subtract.


10 posted on 04/16/2012 4:12:49 PM PDT by Mrs.Z
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To: Jerome Hudson

Geithner is Obama’s Goebbels.


11 posted on 04/16/2012 4:14:42 PM PDT by Jim Robinson (There's no crying in rebellion!!)
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To: Jerome Hudson

It’s very similar to saying that the overall cost of energy for people in Rwanda is lower than in the USA.

If you depress the economy enough, yes the amount of energy used does go down drastically.


12 posted on 04/16/2012 4:15:00 PM PDT by nascarnation
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To: Jerome Hudson

It is a simple, out and out lie.


13 posted on 04/16/2012 4:16:23 PM PDT by GeronL (The Right to Life came before the Right to Pursue Happiness)
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To: Jerome Hudson
And I'm sure Steffi let Timmy just lay that out there without any kind of challenge.

I could almost see him turning to the camera stating: "see - there you go America, you're too stupid to realize how good you have it"

14 posted on 04/16/2012 4:16:34 PM PDT by capydick (''Life's tough.......it's even tougher if you're stupid.'')
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To: Jerome Hudson

Timmy must figure my electric bill like his taxes. Even after replacing all my 15 year old appliances with new “energy star” ones my bill is STILL higher than it was 2 years ago.

never mind the 2-3 hundred dollar bills I go through in a week.


15 posted on 04/16/2012 4:18:49 PM PDT by cableguymn (Good thing I am a conservative. Otherwise I would have to support Mittens like Republicans do.)
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To: Jerome Hudson

Timmy must figure my electric bill like his taxes. Even after replacing all my 15 year old appliances with new “energy star” ones my bill is STILL higher than it was 2 years ago.

never mind the 2-3 hundred dollar bills worth of gas I go through in a week.


16 posted on 04/16/2012 4:19:12 PM PDT by cableguymn (Good thing I am a conservative. Otherwise I would have to support Mittens like Republicans do.)
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To: Jim Robinson

Then what is Ben Bernanke?


17 posted on 04/16/2012 4:20:55 PM PDT by mamelukesabre (I take Olive Oyl on me spinach. She said she didn't go in for that kinky stuff but she does now)
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To: Jerome Hudson

The only reason the energy costs may be down is because the nation had a very mild winter. Nothing to do with Obama and his non-existent financial skills. The Libs got lucky this past year.


18 posted on 04/16/2012 4:22:37 PM PDT by madison10
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To: mamelukesabre

Co-Propaganda Minister?


19 posted on 04/16/2012 4:24:12 PM PDT by Jim Robinson (There's no crying in rebellion!!)
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To: Jerome Hudson
"the overall cost of energy for consumers is down."

In a sense this is true. We are spending about twice as much per gallon of gas, much more per kWh of electricity, and significantly more for many other forms of electricity because of Obama's policies. However, many households have combined due to the recession with kids moving in with parents, many people can no longer afford to drive, and we are paying in total less per person for energy because we have less money per person to spend. We are getting much less for what we spend, but the Obama White House considers this drop in our standard of living something to brag about. Considering everything else they have done to us, it's no wonder they have to twist the truth beyond recognition to make any claims that the media can pretend sound good.

20 posted on 04/16/2012 4:28:52 PM PDT by Pollster1 (Can we afford as much government as welfare-addicted voters demand?)
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To: A message

“Who in the world would believe a word that comes out of your mouth.”

You might be surprised (unpleasantly).


21 posted on 04/16/2012 4:30:09 PM PDT by MichaelCorleone (Stop feeding the beast; spend money only with those who support traditional American values.)
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To: Jerome Hudson

Some people arefull of crap ,but little Timmy is bursting at the seams.


22 posted on 04/16/2012 4:31:04 PM PDT by Venturer
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To: Jerome Hudson

No concern at all for the implausibility of the lie.

The little guy’s always been sketchy, struck me as a fall guy from the start, but how does he or the administration hope to ever defend such a claim, such a detachment from reality?

The only thing I can surmise is that they all actually want to be percieved as stark raving mad.


23 posted on 04/16/2012 4:32:06 PM PDT by RegulatorCountry
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To: Jerome Hudson
Yeah right Dipsh*t Geithner.

To tank up my truck, car, diesel for the tractor and gasoline for the lawnmower cost me $230 yesterday. ($4.01 gasoline midgrade a gallon, $4.00 a gallon diesel)
I'm supposed to believe Obama's dipsh*t or the hole in my wallet?

24 posted on 04/16/2012 4:32:17 PM PDT by The Cajun (Palin, Free Republic, Mark Levin, Newt......Nuff said.)
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To: Jerome Hudson

He must be about to propose a Federal Tax on the “difference”......


25 posted on 04/16/2012 4:32:33 PM PDT by mo (If you understand, no explanation is needed. If you don't understand, no explanation is possible.)
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To: EGPWS
I believe Gaithner needs to be committed to a mental institution - he's lost it.
26 posted on 04/16/2012 4:33:50 PM PDT by elpadre (AfganistaMr Obama said the goal was to "disrupt, dismantle and defeat al-hereQaeda" and its allies.)
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To: Mrs.Z

I knew Obama could not add or subtract. Now we know that Geithner has a number block also. Are all of these communists and muslims from the left side of the Bell Curve?


27 posted on 04/16/2012 4:37:46 PM PDT by abclily
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To: Jim Robinson

” Geithner is Obama’s Goebbels. “

Goebbels?? No...

A poor imitation of Baghdad Bob?? Maybe, if his uniform was a bit better pressed....

Li’l Timmie is more like the drunk confronted at the door by his long-suffering wife — “Honestly, Honey, I haven’t had a drop all night!!”


28 posted on 04/16/2012 4:38:30 PM PDT by Uncle Ike (Rope is cheap, and there are lots of trees...)
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Something about chocolate rations keeps nagging at me...


29 posted on 04/16/2012 4:39:34 PM PDT by Michael Barnes (Obamaa+ Downgrade)
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To: Jerome Hudson

Geithner is a sneaky little turd.


30 posted on 04/16/2012 4:41:01 PM PDT by beethovenfan (If Islam is the solution, the "problem" must be freedom.)
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To: Jim Robinson

Evil lying rat ****ards. Everybody in this administration.

They are like the business that puts a sign on a display that says, “ Great deal.” And the consumer suppose to bob their head up and down and think oh that is a great deal, look they have a sign that tells me so.

So here we have a typical federal government 0bama employed tax cheat telling us “ Great deal, energy costs are down.” And we have such a danged dumbed down citizenry that goes oh it must be so because the sign says great deal. They told me so.

They are a bunch of lying rat crooks led by a corrupt lying malevolent leader.

And on that note I’m making my Freepathon donation.


31 posted on 04/16/2012 4:43:31 PM PDT by A message
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To: Jerome Hudson

Geithner has had his head up his ass for so long his brain has asphyxiated.


32 posted on 04/16/2012 4:43:31 PM PDT by sjmjax (Politicans are like bananas - they start out green, turn yellow, then rot.)
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To: JewishRighter

This is such a big lie that even the uninformed will not buy it no matter how many times it’s repeated. My hairdresser just told me that she doesn’t see any recovery despite the fact that everyone keeps telling her it’s happening. She told me she’s advising her adult children to be extra careful of the money they’re spending.


33 posted on 04/16/2012 4:45:25 PM PDT by tell me
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To: Jerome Hudson

I want some of what he’s smoking!


34 posted on 04/16/2012 4:45:33 PM PDT by FrogMom (There is no such thing as an honest democrat!)
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To: The Cajun
How would deliberately creating the impression that the leadership of the US Treasury had gone nuts help Obama?

If he wants to destroy the reputation of treasuries, make it all seem unstable and risky, then the wheels would start to come off. Foreign treasury interest would decline, interest rates would increase.

Sorry for trying to find some semblance of intelligence in this, it's just too brazenly stupid on the surface, so I start turning over in my mind, looking for Some ulterior motive.

35 posted on 04/16/2012 4:46:15 PM PDT by RegulatorCountry
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To: Stosh

Also the warm winter, particularly in the Northeast where NG is a heating fuel of choice led to lower costs. But a car commuter from mid Long Island to NYC saw any savings eaten up in two weeks of driving.


36 posted on 04/16/2012 4:48:16 PM PDT by xkaydet65
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To: EGPWS

This bastard is better off. He does not pay for gasoline..he has a limo and a driver and a government credit card. Same with all those in the GSO and Obama administration. They are Epicurian in worldview...eat, drink, and be merry, for tomorrow we die. They are intentionally spending our children into a future of slavery to the chinese communists, and then lying about it like Geitner did. He cannot possibly believe what he has said. He lies when the truth fits better.


37 posted on 04/16/2012 4:52:24 PM PDT by Texas Songwriter (Ia)
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To: Jerome Hudson

I live in the Oil Patch but my
Diesel cost me $4.36 this afternoon. Gasoline is $3.80 something and electricity rates just went up to pay for the damned wind power. What part of BS am I missing?


38 posted on 04/16/2012 4:52:49 PM PDT by Lion Den Dan
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To: RegulatorCountry
Sorry for trying to find some semblance of intelligence in this, it's just too brazenly stupid on the surface, so I start turning over in my mind, looking for Some ulterior motive.

I can see your point, but I still think Obama and his minions are dumb as dirt worthless bastards when unscripted, with the MSM doing its' best and working overtime to cover their tracks.

39 posted on 04/16/2012 4:57:39 PM PDT by The Cajun (Palin, Free Republic, Mark Levin, Newt......Nuff said.)
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To: Jerome Hudson

This regime is starting to remind me of the old Soviet Union propaganda machine....


40 posted on 04/16/2012 4:59:27 PM PDT by Popman (America is squandering its wealth on riotous living, war, and welfare.)
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To: Jerome Hudson
put down the crack pipe, timmy

41 posted on 04/16/2012 5:09:48 PM PDT by Uri’el-2012 (Psalm 119:174 I long for Your salvation, YHvH, Your law is my delight.)
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To: Jerome Hudson; All
The cost is only down because people are CUTTING BACK ON THEIR SPENDING!

Tax Cheat Timmy is using an Obama/Clinton way of speaking...my "costs" on new car buying have been ZERO dollars since 1989...because I quit buying new cars that year and have bought USED cars ever since.

In the same way, COSTS for consumers are DOWN because they're ENGAGING IN LESS ECONOMIC ACTIVITY.

42 posted on 04/16/2012 5:15:00 PM PDT by SoFloFreeper
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To: Jerome Hudson

43 posted on 04/16/2012 5:15:57 PM PDT by tomkat (para bellum)
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To: nascarnation
If you depress the economy enough, yes the amount of energy used does go down drastically.

That was kind of my take on what Tim (New Math) Geithner was pitching when he was talking about 'overall costs of energy for consumers being down' ...
There very well may be some bizzaro case where he can make that statement. Like you mentioned: less money is now spent on energy by consumers because unemployment as gone from 4% to >10% ... or some similar contortions of book-keeping.

The bottom line is that this Administration has been a disaster for all aspects of the Economy, but they've excelled in their zeal to destroy the Energy producing industry. They've squandered billions on dead end greenie projects. They have shutdown drilling. They have shutdown large segments of the coal industry. They stop the building of pipelines. They impede exploration and development of practical sources of carbon based energy resources.... And, of course, they run out to the front of the parade regarding any advancements that were launched under the Bush Administration. They are clowns that would be the source of hilarity if they weren't causing so much pain to the Nation.

44 posted on 04/16/2012 5:46:42 PM PDT by El Cid (Believe on the Lord Jesus Christ, and thou shalt be saved, and thy house...)
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To: Jerome Hudson

Timmah!


45 posted on 04/16/2012 5:49:16 PM PDT by 2 Kool 2 Be 4-Gotten
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To: Jerome Hudson
Incredible... we are in a depression and people are having trouble feeding their families and there is not enough money at the end of the month so we scrimp harder... and this elitist a$$breath has the unmitigated gall to tell a lie like this to our faces... FU timmah... you tax cheating fagot.

LLS

46 posted on 04/16/2012 6:07:28 PM PDT by LibLieSlayer (WOLVERINES! (accept only the original))
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To: abclily

LOL

Well, they are leftists in every other way, why not throw in IQ?


47 posted on 04/16/2012 6:08:31 PM PDT by Mrs.Z
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To: Jerome Hudson

Gas was under two bucks three years ago, so yeah, prices are down. Or something.


48 posted on 04/16/2012 6:11:46 PM PDT by St_Thomas_Aquinas (Viva Christo Rey!)
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To: Mrs.Z

it’s fuzzy math. a negative and a negative is a positive.


49 posted on 04/16/2012 6:14:55 PM PDT by cableguymn (Good thing I am a conservative. Otherwise I would have to support Mittens like Republicans do.)
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To: Jerome Hudson

When will this Eddie Haskell look-alike ever be fitted for chrome bracelets?


50 posted on 04/16/2012 7:47:03 PM PDT by Prov1322 (Enjoy my wife's incredible artwork at www.watercolorARTwork.com! (This space no longer for rent))
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