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View Diary: Treasury Secretary Timothy Geithner warns we will reach the debt limit in five days (36 comments)

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  •  Really don't see anything happening (2+ / 0-)
    Recommended by:
    HoundDog, Bush Bites

    Obama is trying to facilitate a deal with a Congress that has seized up.  The only thing that might get thru right now is another bank bailout.

    •  am I the only one who's glad this "deal" (5+ / 0-)

      isn't going through? Every time these people get together we end up royally screwed.

      A thousand Sharkeys are invading a thousand Shires every day across our country.--James Wells

      by SouthernLiberalinMD on Wed Dec 26, 2012 at 05:54:01 PM PST

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      •  lol (2+ / 0-)
        Recommended by:
        nchristine, HoundDog

        we went off the so-called 'fiscal cliff' in fall 2008, all since then has been dead cats bouncing off cliff sides with little balloons filled with fiscal helium trying and failing spectacularly to stop the forces of monetary gravity.

        “There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.”
        Ludwig Von Mises

        "History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling the money and its issuance." -James Madison

        by FreeTradeIsYourEpitaph on Wed Dec 26, 2012 at 06:16:30 PM PST

        [ Parent ]

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