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The GOP wants to have the US credit rating lowered again, out of spite.
Four years of terrible leadership has brought us to this point.
WH Fiscal Cliff Offer Includes Unlimited Executive Power to Raise Debt Ceiling
by Tony Lee
30 Nov 2012
Treasury Secretary Timothy Geithner, President Barack Obama's point man on the fiscal cliff negotiations, presented Republican leaders a proposal to avoid the fiscal cliff on Thursday, which gives Obama unprecedented powers to raise the debt ceiling whenever he wants.
WH Fiscal Cliff Offer Includes Unlimited Executive Power to Raise Debt Ceiling
WH Fiscal Cliff Offer Includes Unlimited Executive Power to Raise Debt Ceiling
by Tony Lee
30 Nov 2012
Treasury Secretary Timothy Geithner, President Barack Obama's point man on the fiscal cliff negotiations, presented Republican leaders a proposal to avoid the fiscal cliff on Thursday, which gives Obama unprecedented powers to raise the debt ceiling whenever he wants.
WH Fiscal Cliff Offer Includes Unlimited Executive Power to Raise Debt Ceiling
Better yet, simply get rid of the idiocy that is the debt ceiling altogether.
The government is like a teenage girl that can't wait for the next credit card to come in the mail.
YES, this is the bottom line TRUTH Kissmy!The government is like a teenage girl that can't wait for the next credit card to come in the mail.
The debt ceiling is not the credit card. It is the check that must be written to make the credit card payment to prevent a late fee, high interest rates & credit downgrade. Congress made charges on the credit card & throw a fit when the payment is due. The debt limit is retarded. They need to pass a responsible budget/tax policy to prevent the outrageous charges in the first place. Refusing to pay the bill when it comes like Republicans did last time causing our credit to get downgraded is acting like an irresponsible child who should not be given that responsibility anymore.
Simple - Clower, and Piven! This is the power Obamaturd needs to finish us off!
What a froth you guys are getting into. Congress is the only one who can give authorization 'aka' debt ceiling, for checks to be written.
One idiot speaks in support of the idiot geitner the clown.Cool
The GOP wants to have the US credit rating lowered again, out of spite.
Four years of terrible leadership has brought us to this point.
Whoa, whoa, whoa. It took a lot longer than four years to get to this point. I know you hate Obama with a burning passion, but don't let your hatred blind you to reality. Politicians, both left and right, have been driving us to this point for decades.
Geithner says no deal without higher marginal tax rates
by Jazz Shaw
December 2, 2012
Is it bluster? Is it posturing? Or is this the real line in the sand? Tim Geithner was sent out to do the Full Ginsberg this morning for part number 183 in the medias 2,394 parts series on the fiscal cliff. There was one repeating theme, highlighted below in this video clip from an interview with Candy Crowley. Regardless of the previous suggestions from some Democratic spokespersons about flexibility and finding revenues in whichever way they can be obtained, Geithner was laying out a Great Wall of China type barricade in the negotiations. Ive extracted a short transcript of the crucial portion with the video following.
Video - Breaking News Videos from CNN.com
Read more:
Video: Geithner says no deal without higher marginal tax rates « Hot Air
