Lipstick on the pig [[economy)

[Sstashmoo]

Geithner embellishes, shucks, jibes, squirms and accidentally tells the truth a few times on Meet the press regarding the economy.

Quotes from the article: "Asked repeatedly on NBC's "Meet the Press" whether this means taxes will rise, Geithner avoided giving specifics. He did say President Barack Obama is committed to dealing with deficit in a way that will not add to the tax burden of people making less than $250,000 a year."

Raise taxes? Now?

Quote: ""Right now we're focused on getting growth back on track," he said. "And we're not at the point yet where we have to decide exactly what it's going to take.""

Some truth, They are not at the point yet? What is the point where they determine action would be pertinent? They have no idea how to get out of this.

Quote: "A bright spot in the recovery identified by Geithner is the banking system, which he said is "dramatically more stable" because of the government bailout."

What a stupid thing to say. We handed them a huge wad of taxpayer cash and they are ok now. It proves nothing, it is no indicator of recovery.

Quote: "
"Unemployment is worse than almost everybody expected. But growth is back a little more quickly, a little stronger than people thought," he said.
Unemployment hit a 26-year high of 9.8 percent in September, and the October report due in the coming week could show it topping 10 percent."


Growth is back a little more quickly, unemployment is increasing? How can the economy be growing when more businesses are closing and more people are out of work? Lies.


Quote: " "You're not going to see real recovery until it's led by the private sector, by businesses," he said."


Businesses that are going under due to the asinine trade policies which this jerk never mentioned once in that article.

It seems their whole thrust and direction, and answer is to get everyone in debt again. Why is solvency such a bad thing? Or do they just not understand the concept? Or is it just not appealing to the bankers and their lobbyists any other way, you know, the folks running the show apparently? As any good investigator will tell you: "Follow the money"

http://www.google.com/hostednews/ap/...L6q_wD9BMOE480