The Men Who Stole $16 Trillion from America

Youtube

Subscribe to WCJournalism Channel
WesternJournalism.com

Enter your email address to subscribe to our newsletter:


Delivered by FeedBurner

Be the Change! Share this using the tools below.

Geithner might quit after debt deal: reports

Timothy Geithner might leave his job after deal on debt
© AFP/File Tim Sloan

AFP

US Treasury Secretary Timothy Geithner might leave his job after the White House reaches a deal with Congress over raising the US debt ceiling, US media reported Thursday.

But Geithner fudged when asked about the reports, saying he would stick to the job "for the foreseeable future."

"I've only worked in public service. I live for this work, it's the only thing I've ever done, I believe in it," Geithner told former president Bill Clinton in a webcast Chicago seminar on jobs and the economy.

Conspiracy Theories are OK if They Come from the Boss: Geithner, “‘Dark Forces Fighting Financial Reform”

Wikimedia Commons Image

Jack Blood, Contributing Writer
Activist Post

We might all remember the Clinton Era mantra about a “Vast Right Wing Conspiracy” targeting the first couple in the 1990s. Of course Hitlary was correct. There likely was a conspiracy to take down these haters of Freedom, and marauders of this once great ‘Republic’. In the Oughts (2000s) there was a “Vast Left Wing Conspiracy” run by George Soros, the Ford Foundation, The National Endowment for Democracy, or the Brookings Institution to attack and dethrone George Jr., who was also a hater of liberty, and raper of the Constitution.

And I was with all that.

It's funny, though, when we the peeps “conspire” to expose the ‘Hypocrisy of Tyranny’ we are criminals, Racists, or even ‘terrorists’. When we point out the vast phony left vs right paradigm, and Hegelian dialectics ruining our country and the world, what are we called? You got it…. “Conspiracy Theorists”! Crazy, nutter, wacko, twoofer tards living in our mother’s basements, who believe in things like the Bilderbergers, and who should be drugged and or committed to psych gulags, stripped of our 1st and 2nd amendment rights, and re-educated.

US warns of repeating British regulatory 'tragedy'

US Treasury Secretary Timothy Geithner
© AFP/File Saul Loeb

AFP

WASHINGTON (AFP) - Treasury Secretary Timothy Geithner vowed not to repeat the mistakes of Britain's "light touch" financial regulation Monday, as the United States and Europe continued to tangle over banking reforms.

Speaking days after a senior European envoy pointedly called on the United States to quicken the pace of reform, Geithner said Washington did not want to see "another race to the bottom around the world."

During a visit to the United States on Friday, EU internal market commissioner Michel Barnier pressed Washington to fully implement laws aimed at mending the banking system -- after shoddy practices plunged the world economy into crisis.

Geithner certain of debt limit deal

Editor's Note: The Treasury Department has been playing the "catastrophe" card since the beginning of the year, claiming we'd hit the ceiling in March, then in April, and now by May 16th.How the Treasury could be off by a quarter is an indictment in itself.

Geithner says the US admninistration wants to put in
place a comprehensive debt framework
© AFP/File Nicholas Kamm

AFP

WASHINGTON (AFP) - Treasury Secretary Timothy Geithner expressed confidence Sunday that feuding US political parties will reach an agreement to lift the country's debt limit before its is forced into default.

With Republicans demanding long-term spending cuts in return for voting to raise the debt ceiling, Geithner said the administration was willing to enter parallel talks, but in the end the limit would be raised either way.

"I want to make it perfectly clear that Congress will raise the debt ceiling," Geithner told the ABC channel "they told the president that on Wednesday in the White House."

US to reach debt limit by May 16: Treasury

"Default would cause a financial crisis potentially more severe than the crisis from which we are only now starting to recover," Geithner said. He warned that military pay, social assistance payments and tax refunds could be among the first things to be blocked.

US Treasury Department said US likely to hit
$14.29 trln debt limit sooner than thought
© AFP/File Karen Bleier

AFP

WASHINGTON (AFP) - The United States is likely to hit its $14.29 trillion debt limit sooner than thought, the Treasury Department said Monday, pressuring lawmakers to raise the ceiling or face a possible government default.

"The Treasury Department now projects that the debt limit will be reached no later than May 16, 2011," the Treasury said.

The department previously estimated it would hit the ceiling by May 31.

If it is not raised, the United States would only have weeks before it runs out of cash to pay its bills, according to government estimates.