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Geithner: Raise Rates or We’ll Go Over the Cliff

by Keith Koffler on December 5, 2012, 4:53 pm

The people who have failed for four years to fix the economy are willing to destroy it unless they get they’re way.

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Rod December 5, 2012 at 5:50 pm

Sheer brilliance on display, there. So glad we have people like this leading our government. Just waiting for what they’ll think of next – on second thought, I don’t think I want to know.

Susan December 5, 2012 at 6:19 pm

This is all kabuki theater. Bawling Boehner has already surrendered. Now he’s purging the conservatives from all the fiscal committees to make it easier to ram whatever Obama asks for down our throat. Bunch of phonies in the Republican leadership…

Star December 6, 2012 at 6:19 pm

I am still muich more worried about the low-rent people in the Dem party at the moment. You can keep ripping on Boehner, RINOs, etc, but to me they are not the issue.

Lisa December 5, 2012 at 6:21 pm

Let it go. The first person who dares complains to me about how bad things get and I know they voted for this punk is going to get smacked and ripped into

gracepmc December 5, 2012 at 6:42 pm

It would be nice to have a President who cared about the country. For the next 4 years we will not.

Island Girl December 6, 2012 at 2:35 am

Yep

cincycinco December 6, 2012 at 8:32 am

He cares deeply! He has a vision for America that he cares very MUCH for. He cares that it weaken to the point that it is just another third world nation, equal in economic and military might to, say, Iran. He cares that he can reward his freinds and punish his enemies. He cares that he have absolute power of the crumbling remains.

Caring is what Democrats do best. This is the usual result.

AFVET December 5, 2012 at 7:08 pm

I am sick of their efforts to intimidate us.
Let the damn thing go over the cliff and then make sure the blame is placed on them.
Boehner is like a teat on a boar hog, useless.
Lead, follow, or get out of the way.
This theater that occurs every freaking year at this time is ridiculous.
Oooo, Ooooo, right down to the wire, see how hard we are working for you ?
See us on TV all the time ?
Don’t you appreciate the efforts we are making on behalf of America ?
Aren’t you proud of your elected representatives ?

Uh NO !
You created this mess and you don’t have the balls to stop it, or the brains to fix it.

Susan December 5, 2012 at 7:36 pm

So true, AFVET. The ruling class is blaming US for their mess. If anybody in Republican leadership had any courage they would pass a one page bill making the Bush tax cuts permanent for EVERYBODY. Then they would send that bill to the Senate and go home. Let Reid and Obama decide whether to collapse the economy. Unfortunately, the only courage Boehner gets is from the bottle.

srdem65 December 5, 2012 at 8:06 pm

I agree, Congress holds the pursestrings, they should call the shots.
Pass the bill, as you suggest, and let MrObama veto it.
If it’s vetoed, pass it again. and again and again.

AFVET December 5, 2012 at 8:15 pm

I guess the House has passed many bills to the senate that Reid will not even bring to the floor for a vote.
Why doesn’t the house pass a bill that mandates a flat tax across the board of 15%.
What would the senate do ?
Nothing.
As long as Harry Reid is in charge of the senate, Obama has a long reach.
Supreme Court nominations, cabinet members, etc.
Our next goal should be to take the majority in the senate in 2014.
After the obvious voter fraud that the Obama regime used to keep him in office, we should be aware of the nefarious underhanded tactics they will use to retain their power.

I think that we will see another attempt to eliminate any potential opposition for the last two years of Obama’s reign.

WMP December 5, 2012 at 7:36 pm

I’m not going to hammer Boehner – he is trying to do what reasonable/rationale people do – negotiate compromise. At least he has presented some solutions – Harry Reid does NOTHING. Ultimately we may not like what gets done, but the President is the one who deserves the blame for where we are in the negotiations. I simply cannot name a single redeeming factor that he has – except perhaps being a good father. They are more impressed with their social life and twice as many Christmas Trees in the White House than this economy. The President is beyond stubborn -

Julie Brueckheimer December 5, 2012 at 8:55 pm

You shouldn’t negotiate or compromise if the other side is unwilling. Obama is always my way or the highway. Boehner is showing Republican weakness by being the only side willing to compromise. I wish Romney had won because, even though he has been a governor in the past, he was not a member of the Beltway club of Democrats and Republicans. Romney and replacements for Boehner and McConnell: then something could have been done.

AFVET December 5, 2012 at 9:13 pm

You are correct Julie.
Remember when Reagan walked out on the Russians ?
Boehner should just stand up and walk out.

ArnoldLayne December 5, 2012 at 11:13 pm

I thought Obama ‘caved’ last time? Remember?

Star December 6, 2012 at 6:21 pm

Boehner kind of said Sunday he would walk–he said he would
“not be a part of” ruining this country. DeMint left.

Girly1 December 5, 2012 at 8:25 pm

The Six Trillion Dollar Man created his own mess and now he won’t take responsibility. In ’08 he campaigned on cutting the deficit in half, instead he tripled it. In 2012 he played the class warfare game – tax the rich. He has boxed himself into a corner – let him suffer. Don’t capitulate, Mr. Speaker – send him over the cliff. We need a revolution to get rid of this guy!

AFVET December 5, 2012 at 8:51 pm

That’s right.
Just hand them the rope and let them hang themselves.
The sooner the better.

Darkangel December 5, 2012 at 10:55 pm

Hate to agree, but we really are at the point of “let it burn.” I know the GOP is going to get tagged as heartless if they raise taxes across the board to protect the top 2% (or at least, if that’s the narrative the fifth column successfully shovels.)

But at this point, it’s just GOT to be done. The pain needs to be felt by everyone, from Sunset Boulevard to MLK Boulevard. The takers need to find out, firsthand, the cost of the government they voted to bastardize our Nation with. Then, and ONLY then, will we FINALLY be able to convince them that big government is a problem.

(rant)
But if the takers want socialism, then BY GOD, LET THEM SUFFER!! I have HAD it with the successful being fleeced, at the business end of a government gun, to finance failure!! I don’t care if that failure is a Solyndra, a Chevy Volt, or an Octomom, just QUIT SUBSIDIZING IT!!

IF SUCCESS IS PUNISHED, WE WILL GET LESS OF IT! IF FAILURE IS REWARDED, WE WILL GET MORE OF IT! IT’S NOT THAT COMPLICATED!!!

AND IF OUR PEOPLE AND INDUSTRIES FAIL, THEN OUR NATION WILL FAIL! TURBOTAX TIMMY, **CALL YOUR FREAKING OFFICE ALREADY!!**

Yes, I’m angry! No, I am FURIOUS that now, having fooled us twice and gotten beyond account, Obama now thinks he can live like a king while the rest of us rot in the gutter! IS THERE NO END TO THIS MAN’S MALEVOLENCE??!!
(/rant)

Julie Brueckheimer December 5, 2012 at 8:49 pm

Just. Let. It. Go.

Jeff1000 December 6, 2012 at 6:32 am

It’s okay, let ‘em keep it up. The sooner we can get the civil war against the government under way the better. To quote Mark Levin, “that’s right, I said it”.

TimG December 6, 2012 at 8:19 am

Someone once asked me when or if Washington would change. My reply ” when the curtains are on fire and furniture comes hurling out the windows.” Ok maybe a bit dramatic, but you have to know the congress will continue to push any major cuts down the road to hold on to their jobs and eventually the deficits, debt, and lack of growth will crush the economy. When the money runs out the …. will hit the fan.

cincycinco December 6, 2012 at 8:53 am

” when the curtains are on fire and furniture comes hurling out the windows.” = TimG

This actually happened at the White House during the War of 1812. Washinton STILL didn’t change, it just moved temporarily.

In exile, the President actually surrendred (The Treaty of Ghent, Dec. 1814) BEFORE the Battle of New Orleans (January, 1815), but word hadn’t gotten to Andrew Jackson in time, so he went ahead and won the war despite James Madison throwing in the towel. Madison was something called Democrat-Republican, which sounds like an unholy coupling of a surrender monkey Democrat and a RINO, like Boehner and Obama had a baby. Kind of like what’s up there now.

It seems Washinton never changes even WITH buring furniture, doesn’t it? After all, they didn’t pay for it, did they?

Feh.

cincycinco December 6, 2012 at 8:39 am

This is not about economics, but rather all about power. Power to implement all of his second term visions that he failed to articulate before the elections, because he knew even fraud would not save him if he did.

Look at this list, some of which are visibly in progress today;

“We demand that the State shall make it its first duty to promote the industry and livelihood of the citizens of the State.

We demand that there shall be profit sharing in the great industries.

We demand a generous development of provision for old age.

We demand a land reform suitable to our national requirements, the passing of a law for the confiscation without compensation of land for communal purposes, the abolition of interest on land mortgages, and prohibition of all speculation in land.

The schools must aim at teaching the pupil to understand the idea of the State. We demand the education of specially gifted children of poor parents, whatever their class or occupation, at the expense of the State.

The State must apply itself to raising the standard of health in the nation …

We demand liberty for all religious denominations in the State, so far as they are not a danger to it. The Party … does not bind itself in the matter of creed to any particular confession.

That all the foregoing requirements may be realized we demand the creation of a strong central national authority; unconditional authority of the central legislative body …”

Sound familiar? Sound like anything you may have heard in the last four years? Democrat National Convention platform? Obama’s debate talking points, His First Inaugural speech, perhaps? Is it from Washington, 2012?

No, Munich, 1920. NSDAP (Nationalsozialistische Deutsche Arbeiterpartei) platform.
http://rexcurry.net/swastikaplanks.html

“Those who cannot remember the past are condemned to repeat it” – George Santayana

Unfortunately, there is a modern corollary: Those of us who DO remember history will be forced to repeat it with them…

maryr December 6, 2012 at 8:52 am

Please correct your grammar and change they’re to their.
I’m a homeschool mom and grammar is my thing.
m

regina December 6, 2012 at 9:44 am

putting a big tax on the rich is bull… it’s not going to save our country and the pres is still taking his 4 or 5 mill. vacation the end of the month. more crap

Kem Cho December 7, 2012 at 2:52 pm

I thnk Republicans should take Chief Tax Cheat at his word and say ‘let us jump over the fiscal cliff together and make it a bi-partisan move”.