{"id":6021,"date":"2011-05-16T01:07:51","date_gmt":"2011-05-15T16:07:51","guid":{"rendered":"http:\/\/haakondahl.com\/blog\/?p=812"},"modified":"2011-05-16T01:07:51","modified_gmt":"2011-05-15T16:07:51","slug":"geithner-sure-thing-to-occur-on-schedule-if-unlikely-thing-not-done","status":"publish","type":"post","link":"https:\/\/balldiamondball.com\/blog\/geithner-sure-thing-to-occur-on-schedule-if-unlikely-thing-not-done\/","title":{"rendered":"Geithner — Sure thing to occur on schedule if unlikely thing not done."},"content":{"rendered":"

NationalJournal.com – Geithner Predicts Double-Dip if Congress Fails to Lift Debt Ceiling – Saturday, May 14, 2011<\/a>.<\/p>\n

What a crock.\u00a0 Timmah might as well predict that the sun will set, plunging the world into a good 8-10 hours of darkness, if he doesn’t get his toes licked.\u00a0 Or is that Spitzer?<\/p>\n

Because there *will* be a double-dip.\u00a0 Because we never got out of the first dip.\u00a0 This economy is not in any sort of recovery, but the Marxists in the White House have discovered that it doesn;t have to if they can manipulate the indicators directly.\u00a0 We are still sliding down a big ol’ hole with the Marxists \u00a0furiously digging away ahead of us.<\/p>\n

The debt ceiling is one of the least tangible of possible causes for financial problems, yet last week it was Geithner telling us we would be in for a meltdown if the limit were not raised in early May.\u00a0 Before that, it was Bernanke with “financial paralysis”.\u00a0 And Reid.\u00a0 And Obama.\u00a0 Oh, Pelosi got some of that as well.\u00a0<\/p>\n

But anybody with two brain cells can tell you what wil lhappen if we do not raise the debt ceiling.\u00a0 We will prioritize our spending to cover the debts, and reduce what’s left.\u00a0 Same as any family does it.\u00a0 Congress has become so overly fond of linear assumptions and one-iteration calculus.<\/p>\n

Sure enough, Geithner trotted out some “acounting tricks” like paying your bills first, then buying Ho-Hos by which he could spare us from real pain for a couple of months.\u00a0 Naturally, this is predicated upon the money shifts being legal, as money comes in differenet “colors” (authorizations, like accounts) \u00a0in the government.\u00a0 But no matter.\u00a0 The take-away is that there is a plan for dealing with the debt limit right where it is, it does not involve anything coming apart at the seams, and they know it.<\/p>\n

They are just plain lying about the debt ceiling, and trying to pin blame for their own failure on a 99% unrelated issue which they know they are going to get rolled on.<\/p>\n

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NationalJournal.com – Geithner Predicts Double-Dip if Congress Fails to Lift Debt Ceiling – Saturday, May 14, 2011<\/a>.<\/p>\n

What a crock.\u00a0 Timmah might as well predict that the sun will set, plunging the world into a good 8-10 hours of darkness, if he doesn’t get his toes licked.\u00a0 Or is that Spitzer?<\/p>\n

Because there *will* be a double-dip.\u00a0 Because we never got out of the first dip.\u00a0 This economy is not in any sort of recovery, but the Marxists in the White House have discovered that it doesn;t have to if they can manipulate the indicators directly.\u00a0 We are still sliding down a big ol’ hole with the Marxists \u00a0furiously digging away ahead of us.<\/p>\n

The debt ceiling is one of the least tangible of possible causes for … Continue reading → <\/span><\/a><\/p>\n","protected":false},"author":34128,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[234],"tags":[],"class_list":["post-6021","post","type-post","status-publish","format-standard","hentry","category-american-politics"],"_links":{"self":[{"href":"https:\/\/balldiamondball.com\/blog\/wp-json\/wp\/v2\/posts\/6021","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/balldiamondball.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/balldiamondball.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/balldiamondball.com\/blog\/wp-json\/wp\/v2\/users\/34128"}],"replies":[{"embeddable":true,"href":"https:\/\/balldiamondball.com\/blog\/wp-json\/wp\/v2\/comments?post=6021"}],"version-history":[{"count":0,"href":"https:\/\/balldiamondball.com\/blog\/wp-json\/wp\/v2\/posts\/6021\/revisions"}],"wp:attachment":[{"href":"https:\/\/balldiamondball.com\/blog\/wp-json\/wp\/v2\/media?parent=6021"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/balldiamondball.com\/blog\/wp-json\/wp\/v2\/categories?post=6021"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/balldiamondball.com\/blog\/wp-json\/wp\/v2\/tags?post=6021"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}