Video: Allen West's Response To John (Who Served In Vietnam) Kerry's Statement On The "Tea Party Downgrade"

Late Friday, Standard & Poor downgraded the country's credit and like clockwork, the usual suspects came out and blamed the Tea Party for it. Even a moron was able to foresee this.

What happened with the Tea Party was rhetoric. No bills passed with the full support of the Tea Party faction in Congress. The budget that finally was passed and was signed by Obama was a bipartisan bill.

That is what S & P was responding to. It's asinine to think otherwise. Which explains John Kerry.

Which brings us to today with Rep. Allen West.



My favorite take away from the clip? When West is talking about Timothy Geithner: "When you open that refrigerator door, the lights don't come on."

John Kerry (who served in Vietnam) is shoveling the usual crap Democrats like to do. He's voted in the past to increase spending time and time again and when the over-spending catches up with him, he cries out that taxes need to be raised to keep up. It's disingenuous and disgusting but what do you expect out of guy who dumps his rich wife for an even richer wife?

The Camp of the Saints has a pretty good round up about just Who is John At-Fault, including this from Protein Wisdom:

That the establishment GOP seems feckless in its attempts to get its message across is part of the Big Government kabuki dance: neither Republicans or Democrats who have become part of the career ruling class have any real desire to shrink government. The Republicans are willing to slow its growth occasionally — and they do believe in lower taxes; but as the Bush years should have taught us, they’re just as willing to spend as the Democrats, because giving gifts with other people’s money — and being praised for it — is the absolute easiest form of cheap grace on earth.

The entire establishment political class is corrupt. And it has declared open war against those Americans still left who believe in fiscal responsibility and a constitutional check on federal powers. Both the establishment Republicans and the Democrats (and their ancillary and parasitic attendants in the media and the inside-the-beltway political machinery) have shown themselves immediately willing to scapegoat the one anti-big government faction willing to insist on making the difficult choices necessary to save the country from the bloated, cynical, complacent pig class who presumes to run it in our name — though never in the way we wish. And that’s because party doesn’t really matter any longer, as I’ve been saying for years now.

Tim Geithner: The President's Budget Is "Unsustainable"

For those who have been following along, this isn't anything new.

For everyone else, the Secretary of the Treasury-- Tim "Turbo Tax" Geithner-- admits that this debt is unsustainable.

Admission is the fist step.

Ladies And Gentlemen, The Man In Charge Of The Nation's Economy

Tim "I never had a real job" Geithner.

What can possibly go wrong?

Via Insty who has more.

LINKED by Doug who also wants to know.

Be Stupid

Part II in an ongoing series of the Be Stupid: Washington DC edition.

Thanks to Carol at No Sheeples Here for the help with this.

I guess it can be argued that if smart only had one idea that was stupid, how smart can Geithner that guy be?

Oh Dear

With the election of the first Post-Racial President we now have the highest record level of debt.

It's another record-high for the U.S. National Debt which today topped the $12-trillion mark. Divided evenly among the U.S. population, it amounts to $38,974.34 for every man, woman and child.

Technically, the debt hit the new high yesterday, but it was posted on the Treasury Department website just after 3:00 p.m. ET today. The exact calculation of the debt is a 16-digit tongue-twister and red-ink tsunami: $12,031,299,186,290.07

This latest milestone in the ever-rising journey of the National Debt comes less than eight months after it hit $11 trillion for the first time. The latest high-point is not unexpected, considering the federal deficit for the just-ended 2009 fiscal year hit an all-time high at $1.42-trillion – more than triple the previous year's record high.

Not to worry, Turbo Tax Tim Geithner has a plan.

The new debt number adds urgency to Treasury Department calls on Congress to quickly raise the statutory limit on the National Debt which now stands at $12.104 trillion. The debt ceiling was last raised in February as part of the $787 billion Recovery Act stimulus bill.

I can't figure out this last line. It's as if Obama is lying his ass off and expects to have a complacent media go along with it like a bunch of schmucks or if he is flat plain dumb.

Mr. Obama has said he hopes the health care plan pending in Congress will serve to curb the growth in the debt by reducing the amount government spends on health care

There is one way that will happen. Rationing of health care. Both the House and Senate versions of the bill are expanding entitlements, which will lead to greater costs, not less. It's almost as if Barack Obama is trying to make sex with the American people.

[All emphasis mine in the quotes]

Cross posted at The Richmond Liberty Alliance Blog.

Proof People Magazine Is Brown-Nosing The Current Administration

To think, Rahm Emanuel was named one of People Magazine's Most Beautiful people. Are they pulling names out of a hat? Good thing they took Janet Napolitano's name out of the contest first.

And Tim Geithner? If you gave him a green coat and sat him in an oversized chair, he would look like an elf.

UPDATE: Tim Geithner is no Aurthur Kade. But it does help to have a brother on the staff of People Magazine.

Welcome readers of P & P.

Geithner Could be in Serious Trouble

Breaking From Rasmussen Reports:

Just 12% of Populists have a favorable opinion of Geithner, and only 11% say he’s doing a good or an excellent job.

Most Populists (53%) rate Geithner's performance as poor, but not a single Political Class survey respondent said the Treasury secretary is doing a poor job.

The findings are especially telling as calls increase for Geithner's resignation following the disclosure that American International Group (AIG) paid its executives $165 million in bonuses after receiving a $170-billion taxpayer bailout to stay in business. Geithner was aware of the bonuses and did little or nothing to stop them.

Overall, among all adults, 24% have a favorable opinion of Geithner, 44% have an unfavorable opinion, and 33% are not sure. Twenty-one percent (21%) of adults say Geithner is doing a good or an excellent job while 40% say he is doing a poor job.

A Nugget Of Truth

If this didn't write itself in under 10 minutes, I would be shocked.



H/T, The Liberty Papers

Remember, The Only Man

It's was said once several times regarding Tim Geithner. He's the only man for the job. Despite being a malicious tax cheat. If this is the only man for the job, then God help us all.

They needed an alternative and found it in a previously considered initiative to pair private investments and public loans to try to buy the risky assets and take them off the books of banks. There was one problem: They didn't have enough time to work out many details or consult with others before the plan was supposed to be unveiled.

The sharp course change was one of the key reasons why Geithner's plan -- his first major policy initiative as Treasury secretary -- landed with such a thud last Tuesday. Lawmakers, investors and analysts expressed dismay over the lack of specifics. Markets tanked, and fresh doubts arose about the hand now steering the country's financial policy.

A quick aside, the mindset of theonly man for the job is rather fatalist and short sighted thinking in the larger scheme of things.

Historiclly, Secretaries in the White House Cabinet do not last long. Both Bill Clinton and George W. Bush went through 3 Secretaries in the duration of their terms. Obama should be lining up who he wants to succeed Geithner soon.

Back to the only man for the job. In a country of over 300 million people, the best man for the job is the one who cheated on his taxes continuously. I'm sure that Obama will be able to find someone who ran a busload of widows and orphans off the road with the seat is ready to turn over. Anyway, back on point.

Jenifer Rubin has this to say about it all:

So to review: they raised expectations, they had insufficient personnel to do the real work and too many uber-cooks stirring the pot, they didn’t get input they needed and they went ahead with the roll out anyway. Oh, and Geithner had really been thinking about this for nineteen months. And this is what he came up with.

You have to question the executive skills of both the Treasury Secretary and his boss (who is ultimately responsible for Geithner and the disastrous roll out). And next time someone explains that he has been too sloppy, inattentive and distracted to abide by simple rules in governing his own life, it’s probably a clue we shouldn’t put him in a job with huge responsibilities demanding astute judgment and keen executive leadership skills.

Ya' Think?

You don't say. Heck of a job, there, Tax Cheat.

Geithner is attempting to revive a U.S. banking system throttled by $756 billion in credit losses and an economy that lost almost 600,000 jobs last month. His new approach comes four months after the start of the $700 billion so-called TARP, the Troubled Asset Relief Program, which both Democrats and Republicans have criticized as ineffective.

“He caused the problem all last year,” Rogers said on Bloomberg Television. “He came up with TARP, and he came up with all these absurd bailouts. Mr. Geithner has never known what he is doing. He doesn’t know what he is doing now and pretty soon everybody is going to find out, including Mr. Obama.”

Via Instapundit

Why Geithner?

The National Review has some good questions as to why Tim Geithner's tax issues are bygones but Daschle's are an anchor.

If Daschle’s tax problems should bar him from managing the federal health-services bureaucracy and Killefer’s preclude her from scrutinizing the budget, how is it that Geithner’s transgressions—the worst of the lot—are insufficient to disqualify him from managing the same Internal Revenue Service whose attentions he evaded?

via Instapundit.

Dashing The Hopes.

Can't tell if this is a little bit of buyers remorse or someone woke up and found some common sense or a case of a stopped clock being right twice a day. But when the New York Times is asking for Tom Daschle to step aside because of his tax issues, I need to check if the sky is still blue.

Mr. Daschle’s tax shortfall is particularly troubling because it comes on the heels of another nominee’s failure to pay taxes due. We were not pleased when the president’s Treasury secretary, Timothy Geithner, admitted that he had failed to pay tens of thousands of dollars in federal self-employment taxes while working for the International Monetary Fund despite having signed paperwork acknowledging the obligation.

Geithner had his own issues with the IRS but sailed through the nomination because morons the US Senate thought he was the right man for the right job.

National Review has more on Daschle regarding what did he know and when did he know it.

Geithner's very own top ten list.

The tax evasion is there too. It was nice to see a decent list of the cons for the guy. It sure beats what many of the Republicans in the Senate and their fatalistic attitude regarding Geithner as the 'only man for the job' are doing.

10. His performance in his previous job

But in the same that describes him as “a 47-year-old wonder boy,” reporter Andrew Ross Sorkin quotes several anonymous Wall Street CEOs who “question whether he’s up to the challenge.” His roles in managing the unravelings at Bear Stearns, AIG, and Merrill Lynch, the bankruptcy at Lehman, and the ongoing implosion at Citigroup deserve scrutiny. They appear to be getting none.

. . .

2. Disparate treatment of previously pulled nominees

Zoe Baird (Clinton, 1993), Kimba Wood (Clinton, 1993), and Linda Chavez (Bush, 2001) all had relatively minor or potential issues with self-employment taxes on household help. Geithner’s unpaid amounts were exponentially larger. Is there a whiff of male chauvinism in the air?

Thanks to Michelle

Funny if it wasn't so true.

Quick 3 minute clip summery of Geithner's tax evasions. Not sure what else it can be unless it's sheer incompetence on the man who wants to run the IRS.

Par for the course.

Nice work if you can find it

I was going to put this as an update but after reading it through more, it seemed worthy of it's own posting.

...the presidential transition team discovered that the nominee had not paid Social Security taxes when he worked for the International Monetary Fund from 2001 to 2003, nor in 2004, when he also received compensation from the fund.

The IMF does not withhold those taxes from its employees' pay, so employees are supposed to pay so-called self-employment taxes themselves.

Quick breakdown on Geithner. He was employed overseas, basically as an independent contractor. He is paid the full amount, nothing withheld. The onus is on him to pay all his taxes, income, social security, etc. When he does pay he signs a form saying that he has paid and is reimbursed for the paid (or in his case, unpaid) taxes. And it went on for four years.

This will be the man in charge of enforcing the tax code for the next four years if confirmed.

Michelle has more on the details of the 'simple mistake'.