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Geithner: Ready to Go Over 'Cliff' If Taxes Don't Rise
CNBC ^ | 12/5/12 | Justin Menza

Posted on 12/05/2012 3:26:07 PM PST by Skepolitic

Treasury Secretary Timothy Geither told CNBC Wednesday that Republicans are "making a little bit of progress" in "fiscal cliff" talks but said the Obama administration was "absolutely" ready to go over the cliff if the GOP doesn't agree to raise tax rates on the wealthy.

...

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


TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: coward; repulican; rino
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To: SECURE AMERICA

I wish they’d just come out and rate our bonds “junk” and get it over with.

Zero will get at least one more down grade at this rate.

I won’t touch US backed debt with a 10 ft pole.


21 posted on 12/05/2012 4:26:39 PM PST by cableguymn (The founding fathers would be shooting by now..)
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To: Skepolitic

Obama Ready, Willing, and Ecstatic to take us over that cliff.

The conclusion of his lifetime dream of getting back at America for his being born.


22 posted on 12/05/2012 4:31:30 PM PST by Venturer
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To: Skepolitic

It sounds like these Corrupt Chicago Commie Piggies (CCCP) are serious about stealing every penny Americans have. What a bunch of greedy bass turds. They want BIG government but they want somebody else to pay for it. Lowlifes.


23 posted on 12/05/2012 4:36:35 PM PST by FlingWingFlyer (Don't tax me bro! Tax that guy over there!)
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To: Skepolitic

BIG GOVERNMENT IS CRONY SOCIALISM. “Socialism Is Legal Plunder” - Bastiat

Let it go over the cliff. They all can perish. We have a template to rebuild it.

http://www.archives.gov/exhibits/charters/constitution_transcript.html

—That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness.

Adios....totalitarians/sociaiists/internationalists/progressives/criminals/thieves/scumbags/etc., etc.


24 posted on 12/05/2012 4:37:04 PM PST by PGalt
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To: yefragetuwrabrumuy

With this statement, Geithner has essentially threatened the United States with economic catastrophe. It seems to me that men have been legally killed by the government for lesser threats.

There is a government policy that the US will not assassinate foreign leaders. However, Geithner is not a foreign leader, and if his threat is seen as a clear and present danger to the US, it might invoke mechanisms to remove such a threat.

WORTH REPEATING BUMP!


25 posted on 12/05/2012 4:39:11 PM PST by PGalt
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To: Skepolitic

How can anyone take seriously a president who hired a wealthy man who cheated on his taxes, Tim Geithner, to be his Treasury Secretary, yet now claims taxing the rich is so vital to America’s wellbeing it would be better to let the whole country go over a cliff than to not single out the rich for increased taxes?

In fact, the only way the U.S. Treasury will be able to take in more revenue from wealthy Americans if their taxes are increased is if every wealthy American has greater integrity than Tim Geithner. Otherwise, they will not pay an additional cent.


26 posted on 12/05/2012 4:42:43 PM PST by Bluestocking
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To: Bluestocking

Let’s go. Hold on.


27 posted on 12/05/2012 5:26:32 PM PST by ogen hal (First amendment or reeducation camp?)
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To: avacado

your words are too kind.


28 posted on 12/05/2012 6:16:31 PM PST by Jude in WV
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To: Skepolitic
Turbo-tax Timmy ... the tax cheat? This incompetent f**k is right up there with Joe Biden in the credibility category. What's wrong with this nation? Incompetency prevails and it's applauded by the liberal skanks in our media.
29 posted on 12/05/2012 6:23:42 PM PST by BluH2o
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