Geithner Lets Out the Dirty Little Secret

On Sunday, Obama's Treasury Secretary Timothy Geithner told America that tax increases on the middle class are almost a certainty. Speaking on ABC's "This Week", he was asked whether it was right to suggest it was a matter of when, not if, taxes will be raised, Geithner responded "It is abolutely right."

On CBS' Face the Nation, National Economic Council President Larry Summers also refused to rule out future tax increases ont he middle class.

So, we have two of Obama's cronies telling us the truth on national TV.

Obama's Press Secretary, Robert Gibbs, was out in full force first thing Monday morning, retracting Geithner and Summers' comments, dismissing them as part of a 'hypothetical back and forth', whatever the hell that means.

"Promising that everybody's going to be on message may be a bar that's too high for me to leap over." - Robert Gibbs, 8/3/09

Obama has already enacted 6 programs that increase taxes on those who earn under $250K per year. His own people are getting tired of lying to us. Why can't this jerk just come out and tell us what he's doing? Answer - because we wouldn't stand for it.

This Man Lied to Congress, and Dems Don't Care

Timothy Geithner, in front of a Congressional Committe on March 11, under oath told them that he did not have any knowledge of the AIG bonus issue until it had surfaced in the news on March 10.

On March 3, before that same Congressional Committee, under oath, Geithner told the committee of the AIG bonuses, how much they were going to be, when they were to be paid, and that Congress itself had made the AIG bonuses exempt from Congressional oversight with language added to the bailout program by Christopher Dodd (D-CT) at the behest of the White House.

Now, isn't that perjury?

Scooter Libby went to jail for two years because a Democrat controlled Congressional Committee decided he had perjured himself in his statements to them about the firing of all those Federal prosecutors. Whether he did or not is subject to a serious debate.

There is no debate about Geithner's sworn testimony contradicting itself - in other words out and out lies.

Why is Geithner not being investigated and persecuted like Scooter Libby? Because Dems control the Congress, and will block any and all attempts to hold anyone in the Obama administration accountable for anything. If Geithner was a Republican and did this, Barney Frank would be screaming for his execution!

These Men Want to Own America

Secretary of the treasury Timothy Geithner will appear before Congress today along with Fed Chief Ben Bernanke about their newest efforts to fix the current economic mess. OK ...

Part of what Geithner will ask Congress for is uprecedented power to sieze insurance companies, investment brokers, or hedge funds that are failing. The government already has the power to sieze failing banks. So, if Obama the Immaculate or this looney tune Geithner decide that they want to grab one or more of these companies, they want Congress to give them the legal right to do so. So, the Federal government, which has done such a splendid job of steering us into this mess, wants to confiscate private companies in order to expand their power over the US economy.

Think about it - you want to give Geithner, Obama, Frank, Dodd, Pelosi, and Reid the power to sieze and control whatever Wall St. assets they feel like grabbing? This is one more huge step towards the socialization of our economy, which is exactly what most of the Democrat Party desperately wants. They want their government to control investment, to control Wall St., to control how much money you make, to control your standard of living, to take as much of your freeedom to choose away from you - because they 'know better'.

Hugo Chavez, that idiot in Venezuela, has just siezed all ports and airports, placing them under his government's control - in order to solidify his grip on absolute power in his country. What this Democrat administration is doing falls right in line with what Chavez is doing.

Folks, Obama and his cronies are forming the USSA - United Socialist States of America - and there doesn't appear to be any way to stop them.

This Man Wants Your Money, Part Deaux

Timothy Geithner's pick to be his top deputy pulled out of consideration. No official reason was given, but some internet sources cite finiancial 'irregularities', though not necessarily tax related.

The top 17 posts in the Treasury underneath Mr. Geithner are vacant. There are no nominees for those posts, much less anyone confirmed. In the midst of the biggest financial crisis this country has known, this guy is trying to do it all on his own. I see internet reports that departments in the Treasury are paralyzed because they are receiving no direction from the empty offices they report to.

This is so pathetic that even Democrats in Congress are complaining that no one from the Treasury is available to appear in front of their useless comittee show trials.

This Man Wants Your Money

Timothy Geithner, Obama's Secretary of the Treasury, announced that the IRS, under his direction, will vigorously pursue tax cheats in order to recover revenue due to the government.

This statement comes from the man who was caught cheating on his income taxes over a period of three years to the tune of $34,000, a sum he only paid after it came to light during his confirmation process (all penalties and interest were forgiven by the IRS - you think they'd do that for an ordinary citizen?). Think of that - the boss of the IRS admitted cheating on his taxes.

This man will oversee the largest increase in taxes in the history of the world. Legislation buried in the porkulus bill and the bloated budget will see the following:

• - President Bush's tax cuts will be allowed to lapse in 2010.
• - Social Security taxes will be based on all income, rather than the current cap, meaing that anyone earing over $100K will see an additional 7% tax levied on all income over that level.
• - Top bracket income tax rates will increase to 42%. Anyone making over $250K will see an additional 3% of their income taken away above what they would lose, even after the Bush cuts expire.
• - Lower wage earners will receive 'tax refunds', even though they have not paid any income tax.
• - Capital gains taxes will be increased over their post Bush tax cut levels, though by how much depends upon who you talk to. Figures I've heard vary from 30-45%.

And much, much more .....

Obama The Immaculate has decried that the top 2% of wage earners in this country will be responsible for funding all of his liberal iniatives, and that those 2% are responsible for supporting and paying for the benefits to be given to lower wage earners.

Geithner is the chief finiancial officer of this country. His policies, statements, and willingness to drink the Obama koolaid shows he has a second grader's understanding of economics. He is overseeing and directing not only the largest tax increase in the world's history, but he's also overseeing the largest destruction of personal and corporate wealth in the world's history.

Gee, I really feel good about my money under his control .....