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Corrupt Government
See other Corrupt Government Articles

Title: Turbo Tax Cheat Timmy: Congress must raise debt limit
Source: Rueters
URL Source: http://www.reuters.com/article/2011 ... ner-debt-idUSTRE72F7WQ20110316
Published: Mar 16, 2011
Author: Rueters
Post Date: 2011-03-16 18:58:05 by Happy Quanzaa
Keywords: Obamanomics in Action
Views: 2077
Comments: 1

Geithner says Congress must raise debt limit

(Reuters) - Treasury Secretary Timothy Geithner said on Wednesday that there was no alternative except for Congress to raise the debt ceiling so that the government can keep borrowing.

"Congress has to do it. There's no alternative," he said in response to questions at a House of Representatives appropriations subcommittee.

He repeated a warning that it would be have "catastrophic" consequences for the economy if the debt ceiling was not raised and the country defaulted on its debt obligations.

(Reporting by Glenn Somerville; Editing by Chizu Nomiyama)

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#1. To: Happy Quanzaa (#0)

"Congress has to do it. There's no alternative,"

Leave the debt limit where it is.

Then the government parasites will FINALLY stop spending more than they take in.

That would be PERFECT.

Socialist ass-hats think "There will be no more money when the U.S. dollar has no value, until that time we can keep printing more." And yes, that IS from LF's answer to Ben Bernanke, go65, leading disfunctional and delusional socialist of the forum.

"You want me to kill THE ENEMIES of Jappos, I'll kill THE ENEMIES of Jappos, Rebs, or Sioux, or Cheyenne... For 500 bucks a month I'll kill whoever you want. But keep one thing in mind: I'd happily kill you for free." Algren, "The Last Samurai"

Capitalist Eric  posted on  2011-03-16   19:30:25 ET  (1 image) Reply   Trace   Private Reply  


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