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Business
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Title: GOP Risks Recession By Blocking Obama Jobs Bill: Geithner
Source: Agence France-Presse
URL Source: http://libertysflame.com/cgi-bin/postarticle.cgi
Published: Oct 12, 2011
Author: Agence France-Presse
Post Date: 2011-10-12 12:47:37 by Brian S
Keywords: None
Views: 4648
Comments: 9

WASHINGTON — U.S. Treasury Secretary Timothy Geithner warned Republicans that they risk helping to tip the country into recession by failing to back President Barack Obama’s jobs bill late Tuesday.

Speaking just before Republican senators joined with Democratic Sens. Ben Nelson and Jon Tester to vote against the $447 billion plan, Geithner launched an uncharacteristically partisan attack on Obama’s political foes.

Asked during an interview with Bloomberg Television whether Republicans were raising the risk of another recession by standing in the way of the bill, Geithner responded: “Absolutely.”

“If Congress does not act, it will be because Republicans decided they did not want to do anything to help the economy,” he said.

“Growth will be weaker… people will be out of work.

If the bill is not passed, he added, “We will put off the important challenges.”

“That is not something we should do.”

Obama has spent weeks demanding that Congress pass a full version of a bill designed to boost growth, cut the unemployment rate of 9.1 percent and shield the fragile US recovery from the threat of European debt contagion.

The measure was expected to fail during a vote late Tuesday thanks to opposition from Republicans, who labelled the bill the “second stimulus.”

“The truth of the matter is, most Democrats know just as well as I do that passing another stimulus and tax hike is a lousy idea — which is why the president is having such a hard time convincing many Democrats to vote for it,” Senate Republican Mitch McConnell said before the vote.

Senior White House officials said they planned to break the legislation into smaller, less-controversial bills. Subscribe to *TeaParty Economics on Parade*

Post Comment   Private Reply   Ignore Thread  


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#1. To: Brian S (#0)

Interesting, since the Democrat-controlled Senate killed the "jobs bill," yesterday.

In other words, this is just the latest propaganda your bosses are putting out...

lol.

DUMMY DwarF: ...I'm eating a meatball...
Capitalist Eric: Foreplay before the president's staff?

"Whenver the dwarf sees something negative about a Democrat, he tries to change the topic of the thread to something else. Usually a personal attack, followed by mutterings about correct 'grammar' 'spelling' whatever. Anything he can think of to avoid a discussion about a Democrat screwing up or looking bad. It's a decade long pattern." --Badeye observation--

Capitalist Eric  posted on  2011-10-12   13:53:42 ET  Reply   Trace   Private Reply  


#2. To: All (#0)

Correct link to article: www.rawstory.com/rs/2011/...obama-jobs-bill-geithner/

Never swear "allegiance" to anything other than the 'right to change your mind'!

Brian S  posted on  2011-10-12   14:02:59 ET  Reply   Trace   Private Reply  


#3. To: Capitalist Eric (#1)

Interesting, since the Democrat-controlled Senate killed the "jobs bill," yesterday.

Once again, Junior, like any other snot nosed kid, you underscore that you know a lot that just truly isn't.

It takes 60 votes to pass a motion to consider.

Stay Thirsty My Friends...[some guy in a commercial who claims to not always drink beer but who is always seen drinking beer]

war  posted on  2011-10-12   15:16:29 ET  Reply   Trace   Private Reply  


#4. To: war (#3)

Capitalist Eric: Interesting, since the Democrat-controlled Senate killed the "jobs bill," yesterday.

Dumfuk DwarF: Once again, Junior, like any other snot nosed kid, you underscore that you know a lot that just truly isn't.

CHECK-MATE.

Thanks for playing, DUMMY DwarF!

DUMMY DwarF: ...I'm eating a meatball...
Capitalist Eric: Foreplay before the president's staff?

"Whenver the dwarf sees something negative about a Democrat, he tries to change the topic of the thread to something else. Usually a personal attack, followed by mutterings about correct 'grammar' 'spelling' whatever. Anything he can think of to avoid a discussion about a Democrat screwing up or looking bad. It's a decade long pattern." --Badeye observation--

Capitalist Eric  posted on  2011-10-12   15:29:08 ET  Reply   Trace   Private Reply  


#5. To: Capitalist Eric (#4)

Once again, Junior, like any other snot nosed kid, you underscore that you know a lot that just truly isn't.

It takes 60 votes to pass a motion to consider.

Stay Thirsty My Friends...[some guy in a commercial who claims to not always drink beer but who is always seen drinking beer]

war  posted on  2011-10-12   15:33:44 ET  Reply   Trace   Private Reply  


#6. To: war (#5)

You lose, asshole.

Thanks for playing!!!!

DUMMY DwarF: ...I'm eating a meatball...
Capitalist Eric: Foreplay before the president's staff?

"Whenver the dwarf sees something negative about a Democrat, he tries to change the topic of the thread to something else. Usually a personal attack, followed by mutterings about correct 'grammar' 'spelling' whatever. Anything he can think of to avoid a discussion about a Democrat screwing up or looking bad. It's a decade long pattern." --Badeye observation--

Capitalist Eric  posted on  2011-10-12   15:53:48 ET  Reply   Trace   Private Reply  


#7. To: Capitalist Eric (#6)

Once again, Junior, like any other snot nosed kid, you underscore that you know a lot that just truly isn't.

It takes 60 votes to pass a motion to consider.

Stay Thirsty My Friends...[some guy in a commercial who claims to not always drink beer but who is always seen drinking beer]

war  posted on  2011-10-12   15:57:27 ET  Reply   Trace   Private Reply  


#8. To: war (#7)

You lose, asshole.

Thanks for playing!!!!

DUMMY DwarF: ...I'm eating a meatball...
Capitalist Eric: Foreplay before the president's staff?

"Whenver the dwarf sees something negative about a Democrat, he tries to change the topic of the thread to something else. Usually a personal attack, followed by mutterings about correct 'grammar' 'spelling' whatever. Anything he can think of to avoid a discussion about a Democrat screwing up or looking bad. It's a decade long pattern." --Badeye observation--

Capitalist Eric  posted on  2011-10-12   16:00:25 ET  Reply   Trace   Private Reply  


#9. To: Capitalist Eric (#8)

I'm biting your ear, Junior.

Admit that you are wrong Junior and the pain stops...

Repeat after me: It.....takes.....SIXTY.....VOTES.....to.....pass.....a.....motion..... to.....consider.

[snicker]

Stay Thirsty My Friends...[some guy in a commercial who claims to not always drink beer but who is always seen drinking beer]

war  posted on  2011-10-12   16:09:17 ET  Reply   Trace   Private Reply  


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