Sunday, August 7, 2011

Geitner is a Big Part of the Problem

One would hope that by now, Geitner would have been replaced by someone that other Countries actually respect.  Even the Chinese students laughed at him.  Having him on the call with the G-7 is like having Peewee Herman coaching a football team.  Oh, well not to worry, our biggest creditor (China) isn't even on the call.

Notice that Dems keep referring to Tea Party members as ultra conservative as opposed to what they really are which is "Fiscally Responsible".

Comments from watching some shows over the weekend:
  1. 18 Countries have better Credit Ratings than the US.
  2. When asked what his first step would be Herman Cain said he would:  Reduce the Income Tax Top rate for individuals and business to 25%, Eliminate the Capital Gains Tax and create a tax Holiday for businesses to re-patriate profits.
  3. Bachman felt that the President should address the Nation with some kind of action intentions - Before the Markets open on Sunday evening.
  4. Several people commented that the Debt Ceiling Negotiations were a stick in the eye of all the other recommendations made before as well as Standard and Poors who told them ahead of time that they were looking for around $4 Trillion in cuts.  The Politicians and Geitner all ignored the S&P Chairman's warnings,  Geitner even made statements that a reduction would never happen.
  5. All agree that Geitner must go!  But even if he does, with Obama still in charge the Nation is still in peril. 

http://www.cnn.com/2011/BUSINESS/08/07/global.economy/index.html?eref=rss_topstories&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+rss%2Fcnn_topstories+%28RSS%3A+Top+Stories%29&utm_content=My+Yahoo

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