Tag Archives: Geithner

Geithner: Rich Need To Pay More Taxes For “Privilege Of Being An American”

24 Feb

 

So, only the “rich” should have to show their thanks for the “privilege of being an American” by paying more in taxes?  No one else should help out?  How about the nearly 50% that pay NO federal income taxes?  What are they doing to help?

Furthermore, who do these people think that they are?  Who are they to decide what is “fair”?

 

 

Obama Team Admits They Don’t Have a Plan to Handle Long Term Debt

17 Feb

 

From the Washington Examiner:

President Obama spent much of last year pretending that he had a plan to tackle the nation’s long-term debt crisis. He never released an actual plan, but he gave a bunch of speeches pretending that he had. And Obama pushed the idea that he was privately ready to cut a “grand bargain” on the debt were he not thwarted by intransigent Republicans. This was a narrative dutifully reported by the media, despite the lack of any formal plan. Now, the pretending is over.

On Monday, Obama unveiled a budget that added to the debt while using a series of budget gimmicks to claim deficit reduction. And today, Treasury Secretary Tim Geithner conceded that the administration didn’t even attempt to do anything about the nation’s long-term debt problem.