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Posts Tagged ‘Timothy Geithner’

The Obama chronicles: The deceptions, the murders and continuing ObamaGov terrorism

March 12, 2013 2 comments

Click to enlarge

 

Sher Zieve

 

Sher Zieve is an author and political commentator. Zieve’s op-ed columns are widely carried by multiple internet journals and sites, and she also writes hard news. Her columns have also appeared in The Oregon Herald, Dallas Times, Sacramento Sun, in international news publications, and on multiple university websites. Sher is also a guest on multiple national radio shows.

 

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By Sher Zieve

 

While Obama and his syndicate continue to gut the USA economically, openly steal from and continue to subjugate we US citizens, send millions and even billions of taxpayer dollars to the real terrorists (the Muslim Brotherhood and its myriad evil spawns) and remove US citizens’ freedoms while giving more freedoms to jihadists and illegal aliens, Obama continues to work diligently to terrorize America and its people with one manufactured crisis after another.

 

mussobama

mussobama (Photo credit: GunnyG1345)

 

 

 

Remember, chaos is still the tyrant’s best friend and keeps people watching the illusory ‘bright shiny thing’ while the real-and-far-worse thing is being implemented by Obama and his criminal buddies. Realistically, in order to buy into all of the continuing-to-be-manufactured false and/or manipulated crises one’s disbelief must be suspended far beyond this realm of existence.

 

In other words, you have to be a complete lunatic to actually buy into the refuse Obama is spreading in front of you.

 

 

 

 

 

Obama, his entrenched cabal and his collaborators are veritably drunk with their fortified wine of power.

 

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Today’s Toons 3/1/13

March 1, 2013 Leave a comment

Today’s Toons 3/1/13

The Right Reasons ^ | 3/1/13 | pookie18

Posted on Friday, March 01, 2013 6:10:46 AM by pookie18

Click on link.

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Kissinger: “Obama’s mission is to usher in a “New World Order” | AMERICAN BLOGGER: GUNNY.G ~ WEBLOG.EMAIL

February 27, 2013 63 comments

A guy who can’t figure out his own taxes is supposed to fix the economy? This is the absurd rationale being offered by media figures such as Andrea Mitchell of NBC News for confirming Timothy Geithner as Obama’s Treasury Secretary after it was disclosed that he was a serial tax evader. He did his own taxes for a couple years and got into trouble, Mitchell chuckled.

 

obampoint

obampoint (Photo credit: GunnyG1345)

 

 

 

And everybody can relate to that, right? Mitchell is the one who deserves to be laughed at. This guy is supposed to be so smart we can entrust him with managing the entire U.S. economy? She must be kidding. Does she seriously expect us to believe that?

 

 

 

 

 

Anybody watching this bizarre spectacle unfold has to suspect there is something more to the story. Who is behind Geithner and why? And why does Obama want him? This is where the media fear to tread. As we have pointed out, major media companies such as GE (parent of NBC News) and the Washington Post Company have their own connections to Geithner through their own officials and board members.

 

barbflag

barbflag (Photo credit: GunnyG1345)

 

They have a conflict of interest that will never be reported by the news organizations themselves.

 

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Gunny G: Now…WTH Did THEY Come FROM???

January 25, 2013 3 comments
beerdrinkundawg

beerdrinkundawg (Photo credit: GunnyG1345)

 

 

 

 

 

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Obama Dodges Question About His Own Vote Against Raising The Debt Ceiling (video)

January 14, 2013 Leave a comment

Obama Dodges Question About His Own Vote Against Raising The Debt Ceiling (video)

Youtube ^ | 1/14/13 | GOPICYMI

Posted on Monday, January 14, 2013 12:32:14 PM by Nachum

realobam

realobam (Photo credit: GunnyG1345)

Pres. Obama Dodges a question from Major Garrett of CBS news on his own voting against raising the debt ceiling when he was a Senator (January 14, 2013).

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Charles Krauthammer The President Wants to Create a “Civil War” in the House… (Gunny G: And, As Usual, The “Reader Responses” Are As Good Or Better Than The Article!)

December 7, 2012 1 comment

Charles Krauthammer The President Wants to Create a “Civil War” in the House

http://www.youtube.com

obamadash

obamadash (Photo credit: GunnyG1345)

^ | december 6, 2012

Posted on Friday, December 07, 2012 7:04:29 AM by lowbridgeVideo at linkExcerpt Read more at youtube.com …

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The True Disciple of Saul Alinsky by Patrick J. Buchanan… ~ (“What to do? Forget the deal. Walk away from the talks with Geithner. Pass an extension of the payroll tax cut, and send it to Harry Reid. Pass the Bush tax cuts, and send them to Harry Reid and say: “Harry, you are going to have to pass this extension of the tax cuts, or kill them, or send us a counteroffer. Do nothing, and you, not we, will take America over the cliff.”)

December 5, 2012 2 comments

What to do?

 

Forget the deal. Walk away from the talks with Geithner. Pass an extension of the payroll tax cut, and send it to Harry Reid. Pass the Bush tax cuts, and send them to Harry Reid and say:

 

Pat Buchanan in Manchester, NH

Pat Buchanan in Manchester, NH (Photo credit: Wikipedia)

 

 

“Harry, you are going to have to pass this extension of the tax cuts, or kill them, or send us a counteroffer. Do nothing, and you, not we, will take America over the cliff.”

 

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(Gunny G: READER RESPONSE…) ~ Most Young Voters Actually Want Bigger Government

December 5, 2012 Leave a comment

READER RESPONSE: Gunny G!

(SEE ALSO: READER RESPONSES, ARTICLE, ETC!!!)

GUNNY G: NO AINOs!!!!!

GyGRet

GyGRet (Photo credit: GunnyG1345)

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realobam

realobam (Photo credit: GunnyG1345)

BY Jove, Methinks the writer has put hisfinger on the Real problem!!!!!

And why not???

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Obama and Boehner: Who Blinks First?-The GOP faces a president who plays hardball by Alinsky’s rules

December 4, 2012 2 comments

Treasury Secretary Tim Geithner’s opening bid to Speaker John Boehner, a demand for $1.6 trillion in new taxes, was not meant as a serious offer. It was an ultimatum couched in an insult. Translation:“We won the election. We have the whip hand.

 

realobam

realobam (Photo credit: GunnyG1345)

 

Not only are you going to sign on to higher tax rates and higher tax revenues, we are going to rub your Tea Party noses in your coming capitulation.”That Boehner did not throw the offer back in Geithner’s face and tell him, “Give me a call, Tim, when you’re serious,” suggests that the speaker feels he is holding a losing hand.

 

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(Gunny G: Reader Response) WH ‘surprised’ GOP laughed at Geithner offer

November 30, 2012 1 comment

READER RESPONSE: Gunny G

(See Article, Responses, Etc.@Link!!!!!)

Timothy F. Geithner, Under Secretary of the Tr...

Timothy F. Geithner, Under Secretary of the Treasury for International Affairs from 1999-2001 (Photo credit: Wikipedia)

Must have been some of that “nervous” laughter the shrinks mention now an then….but then again, maybe they’ve been reading Alinsky…he always said the enemy cannot stand being laughed at!!!!!

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Did White House Commit Perjury About GM Bailout?

August 8, 2012 1 comment

 

gophum

gophum (Photo credit: GunnyG1345)

 

Did White House Commit Perjury About GM Bailout?

 

Investor’s Business Daily ^ | August 7, 2012

 

Posted on Wednesday, August 08, 2012 9:03:54 AM by Zakeet

 

Cronyism: In recent days, the scope of the Obama White House’s cronyism has become shockingly apparent. A trove of emails shows it deprived thousands of workers of their pensions to benefit unions, then lied about it.

 

romino

romino (Photo credit: GunnyG1345)

 

The news site The Daily Caller has obtained internal government emails that show the U.S. Treasury Department,

 

obamadash

obamadash (Photo credit: GunnyG1345)

 

led by Timothy Geithner, pushed in 2009 to end the pensions of 20,000 non-union employees of GM’s Delphi auto parts unit as part of the auto bailout.

 

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Intel Exclusive: Trillion Dollar Terror Exposed | Veterans Today

March 29, 2012 Leave a comment

Below is one of the strangest stories in financial history, one involving the US government lying about hundreds of thousands of tons of imaginary gold, illegal wire transfers and loans totalling $15 trillion. The video, from the House of Lords, is amazing in itself.

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Prison Planet.com » Portugal raiding pension funds could be sign of things to come in U.S

December 9, 2011 4 comments

There is a saying that epitomizes the dangers of surrendering too much of your independence: “Those who giveth can also taketh away.” With that in mind, it should come as no surprise that in Portugal – and, most likely, a number of other nations in the months and years to come – state-provided pension funds are no longer safe from the government’s all-powerful reach.

As the country continues to drown in a sea of red ink caused by generations of politicians pandering to generations of over-demanding citizens punch-drunk from too many trips to the public winery,the Portuguese Cabinet agreed this weekto transfer the assets from four of the country’s biggest banks to the government treasury, in order to “bridge” a yawning budget gap that threatens to bankrupt the nation.

Portuguese government officials “assured” the European Union that the transfer of the life savings of Portuguese citizens would only be a one-time occurrence, but in saying so they ignored the fact that, in 2010, they balanced the government’s books “by shifting three pension plans from Portugal Telecom on to the public social security system” and are liabilities that “don’t count yet.”

Some of the people’s advocates have already begun to speak out. “This can’t be seen as a future revenue stream in any way,” said Raoul Ruperal from Open Europe.

As bad as it sounds for Portugal – and raiding the retirement funds of millions of Portugueseisbad, that couldn’t happen in the U.S., right?

But it has already happened.

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Obama reads riot act to European leaders and orders them to take more dramatic action

November 11, 2011 Leave a comment

Obama reads riot act to European leaders and orders them to take more dramatic action

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UK Daily Mail
November 11, 2011

Barack Obama has read the riot act to the leaders of several European countries – saying more dramatic action is needed to avert a eurozone meltdown.

The U.S. President made telephone calls to German Chancellor Angela Merkel, French President Nicolas Sarkozy and Italian President Giorgio Napolitano late last night.

Treasury Secretary Timothy Geithner said the president had demanded faster action from Europe.

It came as Hong Kong revealed it had plunged into recession.

Speaking from the Asia-Pacific Economic Co-operation conference, Geithner said: ‘The crisis in Europe remains the central challenge to global growth.

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You Won’t Believe Who Newt Gingrich Wants To Throw In Jail For The Financial Crisis

October 12, 2011 Leave a comment

Former Speaker of the House Newt Gingrich got worked up when asked about the Occupy Wall Street protests at last night’s Bloomberg-Washington Post debate.

Gingrich first sought to tie the protests to “left-wing agitators” before calling for the firing of Fed Chairman Ben Bernanke and Treasury Secretary Tim Geithner.

He then doubled down, calling on former Sen. Chris Dodd and Rep. Barney Frank to be thrown in jail, not anyone on Wall Street. Asked if he actually meant for them to do prison time, Gingrich said he did, alluding to past ethical scandals.

Watch the video below:

CLICK ABOVE LINK FOR THE VIDEO

(Excerpt) Read more at businessinsider.com …

via You Won’t Believe Who Newt Gingrich Wants To Throw In Jail For The Financial Crisis.

Former Car Czar: Suskind Book ‘Drive-by Shooting’ Of Obama

October 2, 2011 Leave a comment

“It’s important for us to pause for a moment and make sure that we’re talking with each other in a way that — that heals, not in a way that wounds.” — President Obama, speech at Tuscon memorial service, January 12, 2011.

“The [Suskind] book amounts to a drive-by shooting of a president and his key economic advisers who deserve encomiums, not unfounded second guessing and inaccurate revisionist history.” — Former Obama car czar Steve Rattner, writing at the Politico, October 2, 2011 [emphasis added].

So less than nine months after President Obama pronounces pious words about talking “in a way that heals, not in a way that wounds,” the Obama White House sends out a designated hitter to accuse a respected author of a “drive-by shooting” of the president and his advisers. Nice. [Via Mike Allen's Politico Playbook.]

More here.

(Excerpt) Read more at newsbusters.org …

via Former Car Czar: Suskind Book ‘Drive-by Shooting’ Of Obama.

Barack Obama looks ridiculous as he lectures Europe while wrecking the US economy

September 28, 2011 2 comments

As Ambrose Evans-Pritchard reported, Germany’s finance minister Wolfang Schauble has launched a stinging rebuke to the Obama administration after Washington pushed for the European Union to boost its EFSF bail out fund. After Obama declared that the European financial crisis is “scaring the world”, Schauble shot back at the US president by warning: “It’s always much easier to give advice to others than to decide for yourself. I am well prepared to give advice to the US government.” He also made it clear what he thought of the idea of increasing the 440 billion euro lending limit, a position supported by US Treasury Chief Tim Geithner:

I don’t understand how anyone in the European Commission can have such a stupid idea. The result would be to endanger the AAA sovereign debt ratings of other member states. It makes no sense.

It is rather ironic that Barack Obama, who has probably done more damage to the American economy that any president in modern US history, is now lecturing European leaders on their financial problems as well. The Obama administration’s track record of out-of-control government spending and borrowing, a $1.3 trillion budget deficit (the largest since World War Two), combined with mammoth bailouts, has been nothing short of disastrous. 14 million Americans are out of work, the housing market is in a state of collapse, and job growth is practically non-existent outside of the Washington Beltway. And the advice his flailing government is now giving across the Atlantic will inevitably prolong the huge economic turmoil in Europe, rather than help bring it to an end.

(Excerpt) Read more at blogs.telegraph.co.uk …

via Barack Obama looks ridiculous as he lectures Europe while wrecking the US economy.

Worse and Worse: Obama Was Personally Briefed on Risks of Solyndra Loan Program

September 27, 2011 Leave a comment

I wonder how the big thinkers at the New York Times will spin this devastating report from their paper’s prominent West Coast namesake:

Long before the politically connected California solar firm Solyndra went bankrupt, President Obama was warned by his top economic advisors about the financial and political risks of the Energy Department loan guarantee program that boosted the company’s rapid ascent. At a White House meeting in late October, Lawrence H. Summers, then director of the National Economic Council, and Timothy F. Geithner, the Treasury secretary, expressed concerns that the selection process for federal loan guarantees wasn’t rigorous enough and raised the risk that funds could be going to the wrong companies, including ones that didn’t need the help…………………

MORE-n-MORE,Etc……………………………………

via Worse and Worse: Obama Was Personally Briefed on Risks of Solyndra Loan Program.

Europe Stunned After Being Told “Obama Is Not In Charge” | EUTimes.net (via ~ BLOGGER.GUNNY.G.1984+ ~ (BLOG & EMAIL))

September 19, 2011 1 comment

A new report prepared by Russian Deputy Finance Minister Tatyana Nesterenko about the Eurogroup meeting of the Informal Economic and Financial Affairs Council (ECOFIN) in Wroclaw Poland on the growing European debt crisis states that EU Finance Ministers were “left stunned” Friday after they were told by US Treasury Secretary Timothy Geithner [photo top right] that President Obama was “not in charge.” According to this report, the “uninvited” US … Read More

via ~ BLOGGER.GUNNY.G.1984+ ~ (BLOG & EMAIL)

Europe Stunned After Being Told “Obama Is Not In Charge” | EUTimes.net

September 19, 2011 1 comment

A new report prepared by Russian Deputy Finance Minister Tatyana Nesterenko about the Eurogroup meeting of the Informal Economic and Financial Affairs Council (ECOFIN) in Wroclaw Poland on the growing European debt crisis states that EU Finance Ministers were “left stunned” Friday after they were told by US Treasury Secretary Timothy Geithner [photo top right] that President Obama was “not in charge.”

According to this report, the “uninvited” US Treasury Secretary showed up at the ECOFIN conference and engaged in what can only be described as a “temper tantrum” where he slammed Europe’s economic policy makers for their intransigence in provided further bailouts to Greece and when queried by European Central Bank (ECB) Chief Jean-Claude Trichet as to if this was “Obama’s position too” was told by Geithner, “He’s (Obama) not in charge, I am.”

ECB Chief Trichet, according to other news reports, rebuked Geithner and stated that the financial position of the 17-member Eurozone is better than that of other major economies, especially the United States.

This shocking revelation as to who is actually running the United States comes on the heals of further allegations that Geithner deliberately ignored Obama’s orders to prepare a plan to “wind down” the mammoth international banking group Citigroup Inc. in order to help save the American economy, and as we can, in part, read as reported by the San Francisco Chronicle:

U.S. Treasury Secretary Timothy F. Geithner ignored an order in 2009 from President Barack Obama to prepare a plan to “wind down” Citigroup Inc., once the biggest bank in the world, according to a book to be released next week.

Geithner didn’t proceed with Obama’s order to………………………

via Europe Stunned After Being Told “Obama Is Not In Charge” | EUTimes.net.

GOVERNMENT ‘PRETTY DARNED F–CKED’: FORMER OBAMA ECON CHAIR TALKS DOWNGRADE WITH BILL MAHER

August 6, 2011 Leave a comment

Christina Romer, the former chair of Obama’s Council of Economic Advisers on Friday offered a rather strong opinion concerning the announcement by Standard & Poor‘s that the credit rating agency downgraded America’s debt to AA+.

Appearing on HBO’s “Real Time,” Romer said we’re “pretty darn f–ked.”

Maher: We used to have a segment called “How F-ck-ed are we…”

Romer: Pretty darned f-ck-d.

Maher: uwwww…

Romer: I’ve been hanging around Tim Geithner too long.

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(Excerpt) Read more at theblaze.com …

via GOVERNMENT ‘PRETTY DARNED F–CKED’: FORMER OBAMA ECON CHAIR TALKS DOWNGRADE WITH BILL MAHER.

Kissinger: “Obama’s mission is to usher in a “New World Order” (via ~ BLOGGER.GUNNY.G.1984+ ~ (BLOG & EMAIL))

July 27, 2011 Leave a comment

Kissinger: "Obama’s mission is to usher in a “New World Order" The real story, which can only emerge through talk radio and alternative media, is that Geithner has very powerful political and financial connections, not only to the media but the banking interests and lobbies that try to orchestrate U.S. policy behind the scenes." ************************************* The Big Money Behind Geithner By Cliff Kincaid January 17, 2009 NewsWithViews.com A guy who can’t figure out his own taxes is supposed to fix th … Read More

via ~ BLOGGER.GUNNY.G.1984+ ~ (BLOG & EMAIL)

Prison Planet.com » Fed Preparing For US Default Says Plosser

July 21, 2011 Leave a comment

That giant whooshing, and humming, sound you hear are all the printers at the basement of Marriner Eccles getting refills and start the warm up process. Because according to the Fed Charles Plosser the Federal Reserve is actively preparing for the possibility that the United States could default. Which can only mean one thing: an immediate paradrop of millions of $100 bricks to every man woman and child in the US since as we all know by know Tim Geithner has repeatedly confirmed the Treasury has absolutely no default plans. None.

via Prison Planet.com » Fed Preparing For US Default Says Plosser.

Congresswoman Agrees With Obama, Americans Too Stupid to Understand Debt Ceiling Debate

July 18, 2011 Leave a comment

Taxpayers being played the fool by debt ceiling political farce and bank strong arm tactics

July 15, 2011 Leave a comment

As the fury and venom flies over the debt ceiling, and now the GOP attempt to shove a Balanced Budget Constitutional Amendment thru as the price for their votes, it’s easy to see how the public is manipulated into mutual disdain and vicious ideological and class warfare by media and politicians. Dare I suggest that we – taxpayers of all political stripes and beliefs, no matter how far apart – are being played the fools big time? This should be abundantly clear by one simple and unavoidable fact… there is overwhelming bipartisan unity that if the debt ceiling is not raised, the US faces fiscal Armageddon.

If that’s the case, exactly what are the parties arguing? Because neither one is making a genuine case, or dent, for the reduction of spending, genuine entitlement reform, or increased revenue thru tax increase or a more capitalist/entrepreneurial friendly policy.

The fear mongering of Fed Chair, Bernanke, as well as Treasury Sec’y Geither and the WH are simply passing on the strong arm tactics of the nation’s largest financial institutions and their bankers.

“Any delay in making an interest or principal payment by Treasury even for a very short period of time would put the US Treasury and overall financial markets in uncharted territory and could trigger another catastrophic financial crisis,” said Matthew Zames, a JPMorgan executive, in a letter to Tim Geithner, the Treasury secretary, this week.

Mr Zames was writing as chairman of the Treasury Borrowing Advisory Committee, which includes some of the largest investors in US

You can read Zames’ letter to Geithner here, as reprinted in the NYTs last April.

Not banking on letters and media as the only devices to fight the good fight of a higher US credit limit, bank exec lobbyists and Wall Street executives have been meeting privately with the political elite for some time now, looking for assurances that no matter what the political posturing done, or whatever concessions are agreed upon, the debt ceiling will be raised for the negotiated price paid.

This lobbying, Whining… er… Wining and Dining includes a hefty amount of the 20 banks that could bring the US economy to it’s knees, in the event of a default.

Simply put, the omnipotent authorities of banks and investors are whispering threats of doom and gloom into the collective ears of the WH, Congress and the US Treasury that unless the nation’s credit card threshold is increased, interest rates will rise on T-notes, the fed’s credibility in the bond market will be shot and there would be a fire sale on US bonds, banks will fail, short term lending will disappear or become unaffordable, and the nation will spiral into a depression…

… that’s assuming there’s someone left that doesn’t think we’re not already spiraling around the toilet bowl flush to depression already.

And when the big banks whisper sweet nothings, the Congress listens.

(Excerpt) Read more at floppingaces.net…

via Taxpayers being played the fool by debt ceiling political farce and bank strong arm tactics.

Prison Planet.com » Obama Walkout Linked To Debt Panic Ploy?

July 14, 2011 Leave a comment

President Obama’s dramatic decision to walk out of debt talks with Republican leaders yesterday all but confirms Senator DeMint’s claim that the White House is deliberately stalling until the last minute as a ploy to push through a deal on its own terms, relying on stirring panic in a similar vein to how the 2008 bailout was passed on the back of bellicose threats of martial law and economic catastrophe.

“Obama abruptly ended a tense budget meeting with Republican leaders by walking out of the room, a Republican aide familiar with the talks said,” according to Reuters.

Obama also reportedly stated, “This may bring my presidency down but I will not yield on this,” a petulant threat that characterizes how the White House has repeatedly resorted to financial terrorism in a bid to scare lawmakers into submission.

Obama, Fed Chairman Ben Bernanke and Treasury Secretary Timothy Geithner have

via Prison Planet.com » Obama Walkout Linked To Debt Panic Ploy?.

Prison Planet.com » Obama Walkout Linked To Debt Panic Ploy?

July 14, 2011 Leave a comment

President Obama’s dramatic decision to walk out of debt talks with Republican leaders yesterday all but confirms Senator DeMint’s claim that the White House is deliberately stalling until the last minute as a ploy to push through a deal on its own terms, relying on stirring panic in a similar vein to how the 2008 bailout was passed on the back of bellicose threats of martial law and economic catastrophe.

“Obama abruptly ended a tense budget meeting with Republican leaders by walking out of the room, a Republican aide familiar with the talks said,” according to Reuters.

Obama also reportedly stated, “This may bring my presidency down but I will not yield on this,” a petulant threat that characterizes how the White House has repeatedly resorted to financial terrorism in a bid to scare lawmakers into submission.

Obama, Fed Chairman Ben Bernanke and Treasury Secretary Timothy Geithner have consistently claimed that failure to reach an agreement on raising the debt ceiling would be catastrophic and almost certainly lead to the US defaulting. Republican lawmakers like DeMint, Michele Bachman and Speaker of the House Boehner insist that this is not the case. Yesterday, Bachman said the inevitability of a default was “simply not true.”

via Prison Planet.com » Obama Walkout Linked To Debt Panic Ploy?.

Prison Planet.com » Senator: Obama Creating Panic To Push Through Debt Hike

July 13, 2011 Leave a comment

Senator Jim DeMint has accused President Barack Obama and Timothy Geithner of deliberately fostering panic in order to push through an agreement that would allow the debt ceiling to be raised, accusing the White House of “burning the clock” in order to push a decision close to the deadline, echoing how Congress was threatened with “martial law in America” before the 2008 bailout vote.

On Sunday Treasury Secretary Geithner painted a grim picture of the so-called economic “recovery,” telling NBC’s Meet the Press, “it’s going to feel very hard, harder than anything they’ve experienced in their lifetime now, for a long time to come.”

Geithner also told Fox News that the US would be forced into default if an agreement on raising the debt ceiling was not reached.

via Prison Planet.com » Senator: Obama Creating Panic To Push Through Debt Hike.

Obama: Neither the Will nor Ideas

July 4, 2011 Leave a comment

Debt ceiling negotiations are intensifying and the rhetoric is heating up. And President Obama’s insistence that we raise taxes to solve our spending problem has paralyzed the debate. It is clear that President Obama has neither the will nor the ideas to lead in this debate or lead this country.

If we continue down the path set forward by President Obama, we will be sentencing our children and grandchildren to permanent economic malaise while at the same time condemning this current generation to the same fate. Congress must step in and lead where he has failed.

Our challenges are well known. The federal government is spending money at breakneck speed with complete disregard to the consequences. Since 1970, federal spending has increased by 299% while the median household income has increased by just 27%. Government’s budget is growing far more rapidly – especially in the past decade – than household budgets. It’s simply not sustainable.

Regardless of whether or not Congress decides to raise our nation’s debt ceiling, spending must be brought under control. If Congress decides to use the debt ceiling as leverage to force change on unwilling liberals, they must: 1) significantly cut current spending; 2) restrict future spending; and 3) fix the budget process.

Currently, there is only one plan on the table that meets this test and that is the plan embodied in the Cut, Cap and Balance Pledge. This is an example of a plan that matches the historical moment that we currently face as a nation.

Liberals fear any change that empowers individuals and frees America’s entrepreneurial spirit, and they will stop at nothing to obstruct our efforts to save the American dream for our children and grandchildren.

We’re seeing it already. President Obama and Democrats are afraid to put a real plan on the table. One Democrat source said laying their ideas on the table “could be a simply awful decision – and one with significant ramifications. If done wrong, it could hand the GOP a piñata for them to whack Democrats.” Their plan deserves to be whacked: increase spending to create jobs and raise taxes on the real job creators.

Of course, liberals thrive on uncertainty. Uncertainty allows government to fill a void, and occasionally it incites a panic that forces lawmakers to make bad decisions with your tax dollars. This uncertainty, though, is also one of the leading reasons employers are not hiring.

Treasury Secretary Timothy Geithner, the President’s longest serving economic advisor,

is inciting more uncertainty by his constant references to default. Congress can end the uncertainty. They can silence the hysteric rhetoric of default and economic “Armageddon” by exercising its constitutional power of the purse and prioritize federal spending.

As Heritage Foundation economist J.D. Foster, Ph.D. points out:

“Both immediately and long after it reaches the debt limit, the government would have far more than enough revenue coming in that the Secretary of the Treasury could use to pay interest on the debt. Nor would preserving the current debt limit put at risk the full faith and credit of the United States government, as the President’s chief economic adviser has claimed. The government would continue to pay net interest as it comes due.”

There is no reason to panic. And there is no reason to accept a bad deal that is riddled with half-measures, gimmicks, tax increases and defense cuts. Congress has time and options on the debt ceiling.

In the event that liberals will not allow us to raise the debt ceiling because they cannot stomach substantive, systemic changes to put the country back on sound footing, conservatives must develop a responsible plan. Congress must exercise their constitutional power of the purse, building upon the framework of the Toomey-McClintock legislation, and prioritize federal spending.

One thing is certain, we must reject Washington’s inclination to go behind closed doors and strike a grand bargain. Heritage Action, and the hundreds of thousands of Americans we represent, demand transparency and accountability. Americans must feel confident their Members of Congress understand what they are voting on. There must not be another “pass the bill so that we can find out what is in it” moment.

Our nation’s spending problem has grown so large it is impossible to ignore. It not only dominates Washington, but it is on the mind of the American people as they look toward the future. They see the riots in Greece, which was threatening to default on its debts, and they wonder if that is in store for America.

With strong leadership and a commitment to our children and grandchildren we can avoid that fate. We have the opportunity and obligation to change course. It is a challenge we must not fail.

via Obama: Neither the Will nor Ideas.

While Cairo Burns, Obama Parties

January 30, 2011 1 comment

Free RepublicBrowse · Search Pings · Mail News/ActivismTopics · Post ArticleSkip to comments.While Cairo Burns, Obama Partieswhitehousedossier.com via drudge ^ | January 30,2011 | Keith KofflerPosted on Sunday, January 30, 2011 5:12:16 PM by HojczykThe Washington A-List was out in force Saturday night at the farewell party for senior adviser David Axelrod, with a roster of guests featuring Cabinet secretaries, big shot journos and – President Obama.As revolution threatened to sweep Egypt and possibly other allies – with the horrifying prospect of Islamism replacing reliable friends – the president was on view partying with the IN crowd.The skepticism beyond the Beltway about whether Washington is just one big Love-In certainly gets fed by the sight – as conveyed by the press pool report – of reporters like ABC’s Jake Tapper, NBC’s Chuck Todd, National Journal’s Major Garrett, and John Harwood of CNBC and the New York Times emerging from a bash with the president that was held to toast his chief political fixer and leading spinmeister.I understand why reporters would do this – other than the admittedly pathetic notion that, gosh, it’s fun to party with the president of the United States! It is pretty good for building sources and getting inside dope. But man, it ain’t easy smacking the White House with tough stories all the time if you’re getting invited to their exclusive parties, now is it?Also on hand were Treasury Secretary Timothy Geithner, Education Secretary Arne Duncan, and Energy Secretary Steven Chu. The party was at the Washington residence of Linda Douglass, the former hard-hitting ABC reporter who dropped out of journalism to spin the health care bill out of the White House. She’s now a VP at Atlantic Media.So we have an official with a journalism outfit – Atlantic Media – HOSTING a party for the president and his consigliere.Mrs. Obama stayed home. Good for her. Maybe she was monitoring the situation in Egypt.

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Violence: Frances Fox Piven Caught in the Crosshairs of Her Own Words

January 30, 2011 Leave a comment

Free RepublicBrowse · Search Pings · Mail News/ActivismTopics · Post ArticleSkip to comments.Violence: Frances Fox Piven Caught in the Crosshairs of Her Own WordsGulag Bound & American Thinker ^ | January 30, 2011 | Arlen WilliamsPosted on Sunday, January 30, 2011 12:15:41 PM by cj in txFrom deep in the article…The kill shot was taken six days later from a window of AmericanThinker.com, by former White House accountant, James Simpson, in his now famous, “Barack Obama and the Strategy of Manufactured Crisis.”Now, that corpse still lays open and the autopsy goes on. Bio-testing of its body of evidence reveals the seed of many paramours, including two names that appear on numerous rap sheets: Soros and said Obama. It all tends to answer the oft repeated question, “They aren’t that incompetent, what are they doing?”My only bone to pick with Kurtz’ article is his assurance without support that “…President Obama is not trying to create an economic crisis on his own watch.” Perhaps he means the sabotage is intended to effectuate after an Obama administration is over. By the hard work of Great Depression specialist, Ben Bernanke, plus 2008 Meltdown overseer, Timothy Geithner, et. al., they do seem to be trying to delay the bursting of America’s spending, lending, and currency printing explosives — as the buildup worsens the eventuality.Excerpt Read more at gulagbound.com …

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Mainstream Press Journalism of Appeasement, Corruption, Smoke and Mirrors…

January 1, 2011 Leave a comment

Mainstream Press Journalism of Appeasement, Corruption, Smoke and Mirrors

by David DeGraw
Market Oracle

Here’s a brief summation of my recent reporting: If we continue to let our politicians and wealthy members of society live in comfort, free from the consequences of their actions, we are complicit in our own demise.

Our country is so overrun with corruption, we cannot remain passive and expect things to get any better.

The economy is propped up by smoke and mirrors and will inevitably collapse. Without immediately breaking up the banks and holding the thieves accountable, we will continue on our downward spiral with increasingly severe and devastating consequences.

These are extremely unpleasant truths that we are now forced to confront. We have to act now. If you are not calling for revolution or organizing, you are either unaware of what’s happening around you, horribly naïve or a fascist sympathizer.

In response to statements like those above, I’ve been exchanging emails with colleagues (journalists and news editors) who have become “uncomfortable” with my reporting style and been saying some variation of the following: “You’re being too radical. This is too extreme for us to publish.”

While I appreciate their opinions, I want to make something 100% clear. I am fully aware that these words are harsh, and may turn off some people. However, in extreme times, telling the truth will make you sound extreme. Ultimately, I don’t mind if you think I sound “too extreme,” I don’t care if I make people “uncomfortable,” or if, in your opinion, I’ve become “too radical.” Try telling that to the 52 million Americans who are now living in poverty. Tell that to the millions of American families who have lost their homes and jobs. Tell that to the 59 million people who can’t afford health insurance. Tell that to the overwhelming majority of the population who are stressed out, living paycheck to paycheck, buried in debt they will never get out of and desperately struggling to make ends meet.

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Why Did Tim Geithner Hold An Undisclosed Meeting With Jon Stewart Last April?(“This basically ends any debate about whether Stewart is a comedian or a newsman.”)

November 5, 2010 1 comment

Last April, Tim Geithner held a secret, never-before-disclosed meeting with TV host Jon Stewart, according to Bloomberg, citing the Treasury Secretary‘s calendar.The reason, according to a Treasury spokesperson: “Jon Stewart is influential in America, so we took the opportunity for the two to meet and to discuss the economy.”

This basically ends any debate about whether Stewart is a comedian or a newsman. Presumably Geithner thought it important that Stewart be well-informed on aspects of policy, and Stewart felt the same way.

Excerpt Read more at businessinsider.com …

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Orson Scott Card: Obama Spits on the Constitution

October 24, 2010 Leave a comment

Here’s what you do, if you’re Barack Obama. You appoint her to a much lower-level position, an advisory one that doesn’t require Senate confirmation.

But then you instruct the Secretary of the Treasury not to interfere with any of her decisions and make sure they’re carried out.Technically, she doesn’t have the position that requires Senate confirmation i.e., she doesn’t have the title or the salary. But she has all the power of that position, and the cabinet officer who was confirmed by the Senate has been told that this appointee has the ear of the President, which is code for “stay out of her way.”

The extremist who has been unconstitutionally given authority she has no right to hold is Elizabeth Warren, who is effectively running the Consumer Financial Protection Bureau without any checks and balances whatsoever unless we count Obama’s “firm hand”.Now, if Treasury Secretary Timothy Geithner had any spunk at all, he would resign his position over this. Obama’s action is unconstitutional and politically stupid.

It shows his contempt for the Constitution. It shows his ignorance of and contempt for American business.Something as vital as consumer credit is no longer under the supervision of our elected representatives — now Obama and his cronies can do what’s “good” for us, without our opinions mattering at all.As the Wall Street Journal puts it: “Remind us again why the tea party critique of Obama governance is crazy.”If the Republican Party had any spunk, they would respond to this outrage by introducing a resolution of impeachment in the House of Representatives.

President Obama has clearly shown by this action that he despises his oath of office.He promised in that oath to “faithfully execute the office of President of the United States,” and avowed that he would “to the best of my ability, preserve, protect and defend the Constitution of the United States.”Circumventing the advice-and-consent role of the Senate is a clear violation of the Constitution. Instead of preserving, protecting, and defending the Constitution, he is doing his best to erase it, to make it meaningless.And the fact that the Democrats in the Senate are sitting still for this shows what depths the Democratic Party has sunk to. There was a day when, regardless of party loyalty, Congress would have acted at once to block a President for a power grab like this.After all, what is to stop him from appointing all kinds of unconfirmable radicals, morons, and otherwise offensive candidates as “advisers to the President” and then instruct cabinet officers to look the other way as these illegal appointees do whatever they want?

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The October Surprise: Is Obama About To Announce A Massive Shift Towards Cutting Taxes?

August 24, 2010 Leave a comment

For some time, the Obama administration has made it pretty clear that it’s got no interest in extending the Bush tax cuts, at least not for the wealthy.The line from Tim Geithner has been: the US needs to show a credible commitment towards deficit reduction.

But with the yield on the 10-year dipping below 2.5%, and the market now CLEARLY more worried about a double-dip than the US debt, Geithner’s justification for hiking taxes sounds silly.Barron’s Steve Sears Tweeted that “trading desk chatter” he’s heard is that Obama will reverse course, and actually we can see it happening.Obama needs a shock & awe kind of move to restore confidence in the economy and his administration, and a reversal on tax cuts would actually do it. All the claims about the administration being anti-business and thus creating an uncertainty that was preventing hiring, etc. would vanish.

Granted, we’re not sure it would have any REAL effect on the economy, just like letting the tax cuts expire wouldn’t cause all that much harm except, insomuch as they hit small businesses, but in terms of a signaling mechanism, a reversal on tax cuts would be a good move.[snip]Excerpt Read more at businessinsider.com …

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Kissinger: “Obama’s mission is to usher in a “New World Order”

January 17, 2009 5 comments

The real story, which can only emerge through talk radio and alternative media, is that Geithner has very powerful political and financial connections, not only to the media but the banking interests and lobbies that try to orchestrate U.S. policy behind the scenes.”

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