Secretary of the Treasury Tim Geithner has said he is certain another financial catastrophe is coming. He blamed a combination of timid politicians and credit card-debt-ridden Americans, for the financial nightmare that has infested the country over the past three years. As for a time-frame, he said we will not know until it is too late.
COMMENTS:
There it is, exactly what I have been saying since we first tanked the economy, that the worst was yet to come. And now, it’s coming from the horse’s mouth. The other end of the horse, however, piped up that we need to tax the rich more. I don’t agree and I don’t disagree. What I do say is that we need to quit the goddam spending and we need to revamp the tax system in this country. Stopping spending comes first, and Obama and his cronies are now really gearing up the heat saying… we need to spend more. And to that, we all say… “Horse manure.”
TODAY’S QUERIES & ANSWERS:
Q. I heard yesterday there is a move on to unionize the Office of Management and Budget. Aren’t they the ones that are in charge of keeping track of what Congress is spending? This should be totally against the law! (Steph ~ Des Moines, IA)
A. Remember when they were working on ObamaCare and the OMB kept coming up with figures on how much it was actually going to cost the taxpayers, and they’d have to go back to the drawing board to try some new lies? Well, Obama wants to put a stop to all of that “nonsense.”
Q. The Tea Party made great strides in replacing some of Congress’ worst offenders, but there are still all of those Members who did not get the message. We want spending cut, and we want it cut now. We want ObamaCare stopped and we want it stopped now. Once again, the Democrats don’t get the message and the Republicans seem to be waffling. And, they’re all trying to downplay the importance and the efforts of the Tea Parties. What do we do now? (Carlos ~ Chicago, IL)
A. I’m glad to hear there is someone with sense in Chicago, of all places. We have to get active. We have to swell the ranks of the Tea Parties because they are obvious thorns in the sides of the corrupt politicians. Every day, hour and minute, we have to grow together and make our voices so damned loud that they can’t even hear themselves think... as if they were capable of thinking, that is.
Q. Every time I turn around, it’s a new government regulation or new scheme to take away our liberties or make things tougher on us. Now, I hear the EPA is circumventing Congress and putting its own “Cap and Trade” into place under “Executive Authority.” What Executive Authority? This is a democracy, not a socialistic dictatorship. (Lillie ~ Bella Vista, CA)
A. And just where have you been for the last 2-1/2 years? You didn’t know we had changed governments?
TODAY’S QUOTE:
“As our federal government has grown too large and too powerful, the real loss has been the freedom of people to govern their own lives and participate fully in the American dream.” ~ Steve Forbes
TODAY’S VIDEO:
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