Lake Minnetonka Liberty

"Man is not free unless government is limited"

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Tag Archives: Tim Geithner

The Reckless Spender-In-Chief: U.S. To Hit Debt Limit By September 30

For being free, Socialism is sure expensive, isn’t it?

Didn’t I tell you last summer that Obama was going to burn through all those trillions when the debt deal was signed in to law? Who told you so again? That’s right, I did. And so did everybody else that has a lick of common sense. He’s bankrupting us on purpose, period. The debate is over. And, here’s a little icing on the cake, the debt ceiling should be reached by October 15th. That’s when we are technically broke and can no longer function. Amazing! Right before the election!

Republicans will be cast as mean-spirited, we’ll just have to raise the debt limit again because little Johnny won’t be able to get enough tofu to eat, schools will close, the elderly won’t get the care they need, cops will be laid off, no more firefighters, the same old tired bullshit we went through last year.

Well, newsflash for the dumbasses… It’s Obama’s fault. Sorry Lefty, but Bush didn’t spend the money, Obama did, and he won’t stop. He, his party, but mainly him, it is his fault, period.

Part of the debt deal was to shrink the size of government. Did he do it? No, of course not, we are slated to reach the debt limit on September 30th and for default on October 15th. It’s nobody’s fault but his.

The United States Department of Treasury will reach the the statutory limit it is allowed to borrow money before election day, according to a new study by Sen. Rob Portman, R-Ohio., former director of the U.S. Office of Management and Budget.

“Following the contentious debt ceiling last August, President Obama promised that he would take action to address the country’s fiscal crisis. He has failed to do that,” Portman said. “In fact, his new budget increases spending and projects that Washington will be hitting the debt ceiling again in mid-October – burning through a $2.1 trillion debt limit increase in just over 14 months.”

This claim is also verified by Treasury Secretary Tim Geithner.

Treasury Secretary Tim Geithner admitted that the debt limit would be reached this year.

You’re tired of hearing it but… “I told you so”

Yeah, y’know… It’s a recovery summer, the worst is over, the stimulus worked, socializing parts of the economy worked, Obama saved us from a depression that would be greater than “The Great Depression.” The economy is back on track and we are in recovery. We heard that rubbish being constantly spewed from the White House and the talking heads and the rest of the media were echoing the same propaganda nonsense.

Since that B.S. was first uttered, gasoline prices have risen a dollar per gallon, inflation has geared up well beyond 10% and I firmly stated that we are NOT in any recovery, and there won’t be any recovery as long as Obama and the Democrats remain in power. I also stated things are going to get worse. Thank me very much for being right again.

What was the headline again? Oh come on, you know the one…. That big story about what Tax Cheat Timmy G. said. Oh yeah, here we go… Geithner says hard times to continue. Yup! That’s the one!

WASHINGTON (AP) — Treasury Secretary Timothy Geithner  says many Americans will face hard times for a long time to come.

Emphasis mine on the above quote.

Like I said. There is no recovery, and things are going to get worse.

And now it’s today’s hearty laugh brought to you by the man who doesn’t pay taxes until he’s caught, Treasury Secretary “Tax Cheat Timmy” Geithner. Warning, use the restroom before reading otherwise hysterical laughter will cause an unplanned urination in your pants.

He [Geithner] says President Barack Obama rescued the United States from a second Great Depression and will keep working to strengthen the economy.

HA! HA! HA! LMAO!!! HA! HA! HA! LMAO!!! HA! HA! HA! LMAO!!! (continuing to laugh hysterically)…

You’re drinking on the job again, aren’t you, Timmy? HA! HA! HA! LMAO!!! Man! You are a funny drunk! HA! HA! HA! LMAO!!! Here, belly on up to the bar and I’ll pour you another cold one. It’s on the house!