Geithner: Risk if government does too little

Associated Press ^ | March 29, 2009

[Free ThinkerNY]

WASHINGTON (AP) -- The banking crisis. The credit crisis. The recession. The auto bailout. The bonus furor.

Treasury Secretary Timothy Geithner has had to deal with so many hot button issues in little more than two months since joining President Barack Obama's Cabinet.

So what's the most important thing he has learned in trying to fix the economy?

[Free ThinkerNY]

[Uncle Hal]

To me the risk is that the government will do too much. Let the market place sort things out as it always has.

[Matchett-PI]

“Geithner: Risk if government does too little”

“And remember who the barbarians are. The barbarians come, C.S. Lewis told us, not over the parapet, not carrying their clubs and wielding their weapons, but they come with polished fingernails and blue pin-striped suits, gathering in well-lighted conference rooms. They are the good people who say that they know how to make life better for all of us.

This quote most effectively exposes them for who and what they are:

“Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. It may be better to live under live robber barons than under omnipotent moral busibodies. The robber baron’s cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good, will torment us without end, for they do so with the approval of their own conscience.” ~ C.S. Lewis

http://www.youtube.com/watch?v=j7M-7LkvcVw

[hermgem]

Doing too little?
By pumping up the public sector this Obama/Geithner team propped up overhead, that means Cities, States, or unionized industrial monsters such as GM that refuse to bring down costs to the level of foreign non-unionized automobile manufacturers.
A $780 billion Obama stimulus that allocates 25% for growth and 75% for featherbedding and enshrining of overhead.
The Obama solution of indebting generations.
Germany's Merkel has Obama’s number.

[hermgem]

Doing too little?
By pumping up the public sector this Obama/Geithner team propped up overhead, that means Cities, States, or unionized industrial monsters such as GM that refuse to bring down costs to the level of foreign non-unionized automobile manufacturers.
A $780 billion Obama stimulus that allocates 25% for growth and 75% for featherbedding and enshrining of overhead.
The Obama solution of indebting generations.
Germany's Merkel has Obama’s number.

[WorkerbeeCitizen]

yep, another moron marxist ok

[Cicero]

Q: So what’s the most important thing he has learned in trying to fix the economy?

A: “Next time I cheat on my taxes, I’ll be a lot more careful I don’t get caught.”

[malia]

“-—Timothy Geithner has had to deal with so many hot button issues ——”

1. The banking crisis.
2. The credit crisis.
3. The recession
4. The auto bailout
5. The bonus furor

One week ago Timothy Geithner was the bad guy and just had to go, oh ya, he had to go!! Ok, I guess we got over that -at least the media tells us so.

What would we think or do if we find out Timmy helped create them — for the 18-24 months or more!

Geithner says “ — it isn’t the risk that the government does too much”. “ -— it’s the risk that the government does too little to try to help solve the financial problems.”

The guy we said had to go - is just digging himself in deeper!

“Geithner says the financial markets cannot not solve all those problems — it’s up to the federal government to act and that’s what he says the Obama administration is trying to do.”

That’s a lot of power!! To create a mess and then fix it!!

[malia]

Bo Dietl on Glenn Beck has it right!!

[elpadre]

or has already done too much

[elpadre]

or has already done too much

[kcvl]

If people like Geithner PAID THEIR TAXES maybe we wouldn’t be in such a mess! What a hypocrite!