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Geithner: Obama inherited worst fiscal mess ever
googlenews/ap ^ | 3-3-09 | STEPHEN OHLEMACHER

Posted on 03/03/2009 10:40:16 AM PST by rightinthemiddle

WASHINGTON (AP) — President Barack Obama's Treasury secretary says the administration has inherited "the worst fiscal situation in American history."

Treasury Secretary Timothy Geithner told the House Ways and Means Committee Tuesday that Obama entered office facing a $1.3 trillion deficit — about 10 percent of the nation's economic output. Republicans have complained that Obama's budget proposal would balloon the deficit even higher, to $1.75 trillion.

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


TOPICS: Business/Economy; Front Page News; Government; News/Current Events; Politics/Elections
KEYWORDS: bds; bho2009; bho44; cheats; democrats; democratscongress; liars; obamanomics; pravdamedia; socialists; soldusout; sorocrats; taxcheatparty; trilliondollarwhore; wimps
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To: Doogle
...and the democratic control over the senate and congress started when?....

Several decades ago.

Even though they nominally had the numbers on their side from 1995 through 2006, the Republicans never got over thinking of themselves as the minority, and let the numerically-inferior Democrats run the show, for the most part.

61 posted on 03/03/2009 11:09:06 AM PST by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: rightinthemiddle

President Barack Obama’s Treasury secretary says the administration has inherited “the worst fiscal situation in American history.”.....

President Barack Obama’s Treasury secretary says the administration has created “the worst fiscal situation in American history.”.....fixed it.


62 posted on 03/03/2009 11:10:03 AM PST by AngelesCrestHighway
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To: rightinthemiddle
Oh, really??? The market was at 9,000 when you idiots took over, then The One unleashed Porkulus, YOU unleased Nihilius, and The One released his pro-inflation, anti-growth budget. NOW, the market's at 7,000 and falling. On your watch, moron.
63 posted on 03/03/2009 11:10:55 AM PST by colorado tanker (Oh my God, am I hoping for change.)
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To: rightinthemiddle
Obama inherited created worst fiscal mess ever
64 posted on 03/03/2009 11:11:05 AM PST by syriacus ( STOP FISCAL STORMING!!! Cap green emissions from the Treasury.)
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To: rightinthemiddle

It’s actually true: He inherited in from the Democrat-controlled Congress!


65 posted on 03/03/2009 11:11:30 AM PST by sourcery (Obama Lied. The Economy Died!)
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To: rightinthemiddle

geithner’s dishonesty surfaces once again. obama created the worst mess ever.


66 posted on 03/03/2009 11:11:42 AM PST by RobinOfKingston (Democrats, the party of evil. Republicans, the party of stupid.)
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To: rightinthemiddle
IN MODERN TIMES, RONALD REAGAN INHERITED THE WORST MESS EVER, GEITHNER YOU JACKASS.

ALSO, CLOWN, OBAMA IS MAKING THE MESS WORSE BY RAISING TAXES AND SPENDING MONEY THAT DOESN'T EXIST!

What a complete retard. Is this guy really the Treasury Secretary??

67 posted on 03/03/2009 11:12:08 AM PST by Recovering_Democrat
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To: rightinthemiddle

Ever?


68 posted on 03/03/2009 11:12:17 AM PST by HollyB
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it is becoming the worst mess ever.


69 posted on 03/03/2009 11:15:43 AM PST by HollyB
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To: rightinthemiddle
"President Barack Obama's Treasury secretary says the administration has inherited helped facilitate the creation of "the worst fiscal situation in American history."

That fixes it..........
70 posted on 03/03/2009 11:16:45 AM PST by indthkr
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To: rightinthemiddle

Looks like we’ve inherited the worst administration ever.


71 posted on 03/03/2009 11:17:19 AM PST by Sir Gawain (With Obama's "tax cut" I can afford a torch and a pitchfork in just TWO WEEKS!)
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To: dirtboy

He’s fronting for the South Park band:
“Timmy, Timmy!”


72 posted on 03/03/2009 11:18:09 AM PST by AmericanVictory
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To: indthkr

Much better, thx


73 posted on 03/03/2009 11:19:09 AM PST by HollyB
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To: rightinthemiddle

No, Mr. “Tax Cheat” Geithner, Obama has CREATED the worst fiscal mess ever.


74 posted on 03/03/2009 11:19:51 AM PST by Jen (OBAMA - One Big A$$ Mistake, America)
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To: rightinthemiddle
President Barack Obama's Treasury secretary says the administration has inherited "the worst fiscal situation in American history."

I guess he didn't live through "stagflation" and the "Misery Index." Ronald Reagan and the rest of America did.

75 posted on 03/03/2009 11:21:34 AM PST by Cincinatus (Omnia relinquit servare Rempublicam)
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To: rightinthemiddle

Like heck, Obama created it as soon as he became the nominee. The current resident of the White House does NOT inspire confidence, quite the opposite.


76 posted on 03/03/2009 11:22:34 AM PST by madison10
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To: rightinthemiddle
I was just watching Timothy Franz Geithner
on Fox in front of Congress.
He was totally frightened,
his voice was quivering,
he was exhibiting fear
in that he could not answer any question
without resorting to repeating 0bama's talking points.
When he was cornered he started making sh!t up as he went on.

0bama characterized Timmy Geithner as the smartest person in the world.
The world needed him even although he is a "tax cheat"

77 posted on 03/03/2009 11:23:02 AM PST by Uri’el-2012 (Psalm 119:174 I long for Your salvation, YHvH, Your law is my delight.)
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To: rightinthemiddle
"Geithner: Obama inherited worst fiscal mess ever"

You have the rats, like yourself to thank for that.

78 posted on 03/03/2009 11:24:44 AM PST by spunkets
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To: tatsinfla

Did a tax cheat just try to explain fiscal policy to me?


79 posted on 03/03/2009 11:24:58 AM PST by villagerjoel ("Gun control is a prerequisite for genocide." - Unknown)
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To: villagerjoel
whats the matter? you couldn't understand him?
80 posted on 03/03/2009 11:26:36 AM PST by tatsinfla
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