U.S. warns against kicking fiscal crisis down the road

Nov 13, 2012 | Posted by: roboblogger | Full story: Reuters

U.S. Secretary of the Treasury Timothy Geithner listens to Federal Reserve Chairman Ben Bernanke at the Treasury Department for the meeting of the Financial Stability Oversight Council in Washington November 13, 2012.

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June

Douglasville, GA

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#1
Nov 13, 2012
 

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I guess if we quit spending money like it grows on trees that would not help. It has to be tax hikes.
goose

Minneapolis, MN

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#2
Nov 13, 2012
 

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June wrote:
I guess if we quit spending money like it grows on trees that would not help. It has to be tax hikes.
It is real simple what is needed. Political disaster, that is the problem. We now have too many "give me my free stuff" programs and people.
Don't spend more than you take in or you are in trouble! Even when we have had tax increases they always find a way to use it for "new" things! Why should we trust these dirt bags to do anything different!
fatbacks x

Portland, OR

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#3
Nov 13, 2012
 
Get out them credit cards and yer reynolds wrap hats ------ 4 more years of AWOL Bush!
Bob Lewis

AOL

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#4
Nov 13, 2012
 

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America rewarded BHO for having neither the skill set, business experience or the desire to save our Nation from being Greece. What an exciting time for America's enemies at home and abroad.

Since: Mar 09

The Left Coast

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#5
Nov 13, 2012
 

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We have kicked it for 4 years, 4 more won't hurt anything. Harry Reid will take care of this. It's only numbers. In 4 years we will have the social changes set in place.

“Obama Shames the USA”

Since: Apr 09

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#6
Nov 13, 2012
 

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Geithner and Bernanke. Dumb and Dumber.
Makes sense

Dearborn Heights, MI

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#7
Nov 14, 2012
 

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goose wrote:
<quoted text>
It is real simple what is needed. Political disaster, that is the problem. We now have too many "give me my free stuff" programs and people.
Don't spend more than you take in or you are in trouble! Even when we have had tax increases they always find a way to use it for "new" things! Why should we trust these dirt bags to do anything different!
So you support doing away with BIG OIL welfare????? It's funny how BIG OIL is making BIG PROFITS, but still wants GOVERNMENT WELFARE.

LOL
Makes sense

Dearborn Heights, MI

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#8
Nov 14, 2012
 

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Let's just do what President Obama wants. He saved us from the second Great Depression and got RE-elected. Those two Bozos (Turtle and Boner) didn't just get RE-elected.

Since: Mar 09

The Left Coast

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#9
Nov 14, 2012
 

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Makes sense wrote:
Let's just do what President Obama wants. He saved us from the second Great Depression and got RE-elected. Those two Bozos (Turtle and Boner) didn't just get RE-elected.
A presidential degree? It would save time.
Robert

Douglasville, GA

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#10
Nov 14, 2012
 

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Makes sense wrote:
Let's just do what President Obama wants. He saved us from the second Great Depression and got RE-elected. Those two Bozos (Turtle and Boner) didn't just get RE-elected.
We have a government debt bubble pure and simple, all bubbles eventually pop, when this one pops it will be horrible for everyone, you think Obama is the answer what did he do in the last four years to reduce the bubble, nothing, he added to it to the tune of a trillion dollars a year, he is expected to add to it at the same rate the next four years. He does not have a plan for bringing it down, in fact his increased spending makes it worse.

You should be getting ready for the Obama depression.
Rob Johnston

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#11
Nov 14, 2012
 

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Americans sent a clear message last week. We will gladly throw our own kids "under the bus" in service to obama's agenda. POTUS promised to bury our kids in Trillion $$ deficits and we didn't have the spine or the backbone to stand up for our own children.

“Obama Shames the USA”

Since: Apr 09

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#12
Nov 14, 2012
 

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If Patraeus testifies against Obama, will Bernanke still even be around if all the democrats fall?
goose

Chicago, IL

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#13
Nov 14, 2012
 

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Makes sense wrote:
<quoted text>
So you support doing away with BIG OIL welfare????? It's funny how BIG OIL is making BIG PROFITS, but still wants GOVERNMENT WELFARE.
LOL
Nice try to divert and deflect.
To play your game I say fine but why stop with big oil? Why not the farmers, Green energy, mass transit systems, etc. etc.
lolol

Albuquerque, NM

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#14
Nov 14, 2012
 

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obama wants a 160 billion tax hike for the next 10 years as his current deficit runs between 1.6-2 TRILLION a year. makes sense, kinda like plugging a 10ft leak at hoover dam with moochelles asz.

Since: Oct 08

Alpharetta, GA

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#15
Nov 14, 2012
 
he should just tax rich old white people, that will solve the problem
Rob Johnston

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#16
Nov 14, 2012
 
inbred Genius wrote:
he should just tax rich old white people, that will solve the problem
Americans voted for EQUAL OUT COMES........not equal opportunity. The New World Order demands a dramatically devalued future for most all American families.

The Voters have spoken. We voted to crush our own childrens future hopes and dreams and must prepare them for a lifetime of Tax Slavery to Big Brother/Big Union/Big Govt.

Since: Feb 09

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#17
Nov 14, 2012
 
Everyone agrees the USA is heading for a fiscal cliff.
And what was Obama campaign slogan? FORWARD.

Since: Mar 09

The Left Coast

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#18
Nov 14, 2012
 
inbred Genius wrote:
he should just tax rich old white people, that will solve the problem
Now you're getting the hang of it. Welcome to the left.

“Obama Shames the USA”

Since: Apr 09

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#19
Nov 14, 2012
 
Who would be left if Obama falls. He will take Hillary, Biden, Rice, Carney, Axlerod, Ploofe and probably some others as he goes down for Benghazi.
Who would be president?
goose

Chicago, IL

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#20
Nov 14, 2012
 
Ninthman wrote:
Who would be left if Obama falls. He will take Hillary, Biden, Rice, Carney, Axlerod, Ploofe and probably some others as he goes down for Benghazi.
Who would be president?
Speaker of the house is third in line. How is that for a thought for the new congress! Pelosi. Now that would be an even bigger disaster!

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