Wednesday, January 21, 2009

Obama nominee Geithner advocates "most forceful course"

This headline from Treasury Sec. nominee Geithner's confirmation hearings might be the best example that Obama will say and do anything to get his radical liberal agenda passed: Geithner pledges swift, bold fix to financial system. Barring freeing the financial system from government coercion and returning to a free market financial system, there is no swift, bold fix, and that certainly isn't in Geithner's plans. Making sure he's all things to all people, Geithner also promises to limit government spending. Ha!

In fact, Geithner provided scary insight into Obama's theory of governance with this quote, "The most prudent course is the most forceful course." We all know government is force, and Obama intends force his broken policies on us. In The Road to Serfdom, Hayek explained how government intervention in our economy always fails, and the result is always calls for more government intervention. Eventually the call comes for the strong man to use force to make the system work. In his testimoney, Geithner explains that other government interventions have failed because government didn't use enough force. Hayek laid out a roadmap to serfdom in tyranny, and Obama is intent on taking us there.

“The most prudent course is the most forceful course,” Geithner said to members of the Senate Finance Committee.
He said the history of financial crises is one of governments responding too slowly and with too little force.
He also said that short-term stimulus and stabilization were not the only key ingredients for economic recovery. Also vital, he said, are longer term policies to promote new industries and budget plans that will steer the federal government away from big deficits toward fiscal sustainability.
“We as a nation will return to living within our means,” he said, citing the need for an exit strategy from the extraordinary commitments of federal dollars to rescue the financial system during the current recession.


Give us a multi-trillion blank check to implement the most radical leftist agenda in American history, and right after we're done, we'll be fiscally responsible. What kind of idiot would buy this crap? The things these radical leftists are throwing around would be absolutely astounding if they weren't serious. If you think I'm joking about the multi-trillion blank check:

“Fiscal stimulus and other measures likely will require the Treasury to issue $4 trillion or more in additional federal debt,” Mr. Berner writes in a new research report. “For now investors are buying.”


I just can't help but laugh at the millions of people and all the moderate talking heads who assured us that Obama was moderate. Laughing all the way to the food lines. We can thank Bush, Democrat lies, and the lies of the media for this radical nutjob.

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