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'Political Dysfunction' at Root of World's Troubles: Geithner
CNBC ^ | 14 Sep 2011 | Jeff Cox

Posted on 09/14/2011 7:19:00 AM PDT by markomalley

The global economy is being held back in part by political problems that are complicating an Delivering Alpha array of other forces that have conspired against growth, US Treasury Secretary Tim Geithner said.

Speaking during the "Delivering Alpha" conference—organized by CNBC and Institutional Investor—Geithner said the US recovery is slower than many would like and that's not being helped by chaos in Washington.

"You have this terribly damaging political dysfunction here and in Europe that leaves the world wondering whether the political system has the capacity to do the right thing," he said. "That is very damaging to confidence."


TOPICS: Business/Economy; Extended News; Government
KEYWORDS: geithner
Blasted representative governments are such a pain, aren't they Timmy? Maybe they should be outlawed... </sarc>
1 posted on 09/14/2011 7:19:02 AM PDT by markomalley
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To: markomalley

If we would only give socialism a chance, get congress out of the way, it would work!


2 posted on 09/14/2011 7:22:15 AM PDT by Rennes Templar (Obama's jobs speech: re-arranging deck chairs on his Titanic.)
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To: markomalley

Did he have a mirror stapled to his face when he said this.


3 posted on 09/14/2011 7:22:35 AM PDT by vbmoneyspender
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To: markomalley

Dear Timmy:

Please clean out your diaper.


4 posted on 09/14/2011 7:23:12 AM PDT by roaddog727 (It's the Constitution, Stupid!)
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To: markomalley

Right up until 8 short months ago Obama had a super majority in BOTH Houses! It’s everybody’s fault but Obama’s. Here’s a clue:

It’s Barak “The Wrecking Ball” Obama: Destroyer wealth and budgets!


5 posted on 09/14/2011 7:24:27 AM PDT by Obadiah (Okay, so what's the speed of dark?)
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To: markomalley

yeah ... the dysfunction of Obama’s brain!


6 posted on 09/14/2011 7:29:07 AM PDT by TexasFreeper2009 (Rick Perry 2012 !)
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To: Obadiah

I call him the Obamanation that brings desolation.


7 posted on 09/14/2011 7:30:05 AM PDT by TexasFreeper2009 (Rick Perry 2012 !)
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To: markomalley

Could this guy be a bigger asshole??????????? No!


8 posted on 09/14/2011 7:33:01 AM PDT by Doc Savage ("I've shot people I like a lot more,...for a lot less!" Raylan Givins)
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To: Obadiah

“Barry the Blamer”


9 posted on 09/14/2011 7:34:06 AM PDT by rokkitapps ( Hearings on healthcare waivers NOW! (If you agree make this your tagline))
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To: markomalley
Obama mentality: ... ‘I am a worthless, incompetent and intellectually puny POS, so exceptionalism is an overrated, dated and unnecessary concept.’

DENIAL OF EXCEPTIONALISM = LACK OF LEADERSHIP

10 posted on 09/14/2011 7:36:04 AM PDT by SMARTY ("When you blame others, you give up your power to change. " Robert Anthony)
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To: markomalley

11 posted on 09/14/2011 7:39:46 AM PDT by Erik Latranyi
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To: markomalley

I do wonder if the politicians have the will to do the right thing and cut spending. Sadly, I see no front runners for 2012 that have that will either.


12 posted on 09/14/2011 7:40:22 AM PDT by Ingtar (Together we go broke (from a Pookie18 post))
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To: markomalley

13 posted on 09/14/2011 7:44:38 AM PDT by Erik Latranyi
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To: markomalley

“You have this terribly damaging political dysfunction here and in Europe that leaves the world wondering whether the political system has the capacity to do the right thing,” he said. “That is very damaging to confidence.”

Good diagnosis, Dr. Timmy. Now why don’t you prescribe the obvious cure? A dysfunctional political system has NO BUSINESS trying to run a $2.5 trillion health care system. Putting such a complex system in the hands of such politicians quite obviously is going to be terribly damaging. Prescription: repeal Obamacare ASAP!!!!


14 posted on 09/14/2011 7:57:14 AM PDT by DrC
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To: DrC

Y U P!!!

LACK OF LEADERSHIP = Political Dysfunction


15 posted on 09/14/2011 8:00:42 AM PDT by SMARTY ("When you blame others, you give up your power to change. " Robert Anthony)
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To: markomalley
"Why can't they all be good Communists and follow my lead instead
of bitterly clinging to their old rigid ideas about what government can
or can not do? How many of the underserved citizens of the world have
suffered as a result of reactionary Americans not accepting that the fact
That the Constitution is a flawed document filled with negative rights?"


16 posted on 09/14/2011 9:19:15 AM PDT by Iron Munro (Muslims who advocate, support, or carry out Jihad give the other 1% a bad name)
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