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Geithner On GOP Socialism Charge: 'Ridiculous'

First Posted: 06/24/09 06:12 AM ET Updated: 05/25/11 02:25 PM ET

Geithner

Washington Post:

Treasury Secretary Timothy Geithner admits private investors are worried about investing in new government-backed commercial mortgage securities and dismisses as "ridiculous" a recent Republican National Committee resolution stating that Democratic policies bordered on socialism.

Read the whole story: Washington Post

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Treasury Secretary Timothy Geithner admits private investors are worried about investing in new government-backed commercial mortgage securities and dismisses as "ridiculous" a recent Republican Natio...
Treasury Secretary Timothy Geithner admits private investors are worried about investing in new government-backed commercial mortgage securities and dismisses as "ridiculous" a recent Republican Natio...
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07:38 PM on 05/26/2009
You people really believe that government can run things don't you...All the evidence of Socialism failing where it has been employed means nothing to you....How do you explain the Growth of the US,to pass every nation on earth.We are 300 years old and the rest of the world dates back 2000 years.
12:52 PM on 05/30/2009
"How do you explain the Growth of the US,to pass every nation on earth."

Through slavery.
Star2000dancer
Pay it forward, the movie..
02:16 PM on 05/26/2009
Everyone seems to have their own deffinition of socialism therefore making it moot.
Star2000dancer
Pay it forward, the movie..
02:04 PM on 05/26/2009
I want Geithner & Bernake behind Bars! Not touching our money.
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HUFFPOST SUPER USER
LinkSync
12:16 PM on 05/26/2009
It is "ridiculous".
Even though it would better serve us all if it wasn't seen that way.

Single Payer Health Care.
Single Payer Education.
Single Payer Banking.

All that would be great for us and the world at large.
So it won't happen.

The oppressors will protect their privileges so they can continue to oppress no matter the circumstance we find ourselves in when it is all over.
This they have always done and will continue to do.

Once for a brief moment, when a new very radical and revolutionary Nation was born in a Declaration of Brotherhood and Inalienable Rights, the Oppressors felt real fear.

They soon corrupted that new Nation with their money.
Corrupted it to the point that it seeks to “make legal” a new form of Oppression.
Preventative Detention.
Fine.

I will clean and load my guns, feed my Dogs with your Cat, and await your awakening.
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BumpyKnight
Born OK the first time
11:20 AM on 05/26/2009
Socialism?
Government responding to the needs of the people - socialist.
Our own massive infrastructure, built up for generations - socialist.
The Roman aqueducts and sewers - socialist.
That pharaoh’s wise decision to store grain for seven fat years to then be redistributed during thin years - socialist.
It seems some of the things the GOP refers to as "socialism" have been around for a long time, as long as civilization itself. Try substituting the word "civilized" into their charges of socialism and see if there is any notable difference.
09:34 AM on 05/26/2009
Pres Obama is building a house, he is just on the foundation. anyone who has build a house from scratch knows the major set backs, major over hauls etc., but it gets corrected...cannot always get the workers you hire to show up or work with you either...but in the end a great challenge that it was the House is Build..work our Pres it is in all Americans best interest to do so..remember ;your family comes to see you building your house...and there is lots lots of critics is there not?.
09:23 AM on 05/26/2009
simple--find a "good steward" who is not a Rep or Dem, Cons.... but someone who serves first and always serves the needs of all the American People--- bribes deception unjust laws etc.....and a stewardship who handles our purse (taxes) with truth honesty and not wasteful spending---I think we got him...but what a massive mess, crises all over he has....that will not be done in 4 months either....

Like George Clooney said..when every we needed....We Gotten Him---1. Thomas Jefferson, Adam--Constitution...2. Lincolin--Civil War Slavery 3. Roosevelt-Great depression---war 4. Kennedy -Cuban Missile Crises...5 Obama--Worst Economy Crises--Foreign ------

It will take 8 years to accomplish what is the best interest for all America--we need to let Pres Obama accomplish it...to truly see the results..4 years..is just a massive massive clean up all over.
Star2000dancer
Pay it forward, the movie..
02:10 PM on 05/26/2009
I'm sorry, I want a new party. I want people I know are for We the People, & only Ron Paul & Deenis Kucinich has proved that. We have an Independent majority now & we can create a new party of the People who have'nt been bought by lobbyists. And we can out law lobbyism altogether.
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Whinger
I'm Just Me!
06:41 AM on 05/26/2009
GOP capitalism has failed the nation big time, a better system must be found.
09:00 PM on 05/25/2009
Ask republicans to tell us which "socialism" are you talking about...Jesus was a good socialist , a good steward of the people
warned by Jesus...a good steward is someone who looks out for the safety, best interest of the people..to serve them in their needs, having trust, dignity, equality, righteousness, just laws that benefit all, not just the few, maintains fairness and balance, proportion of needs fulfilled, our tax dollars to be used for our needs, health care, good education, .. pay as you go...

Nothing is free we are all are to earn a living, but capitalism is not to steal it...from those who work hard for theirs..nor to have excess greed, to worship wealth as a god.... to serve those less fortunate.. the poor have their purpose, work also here on earth.......when we learn that, we will know God is a God of order---"the rich are here to save the poor, but in the "end" the poor will save the rich"....

Jesus was angry at the Roman Empire Government. Jesus knew what church and Government were doing behind closed doors...wolves in sheep clothing preaching their own gospels not God's....... instilling continuing fear, fear mongering it held its people in bondage ......fear always to control them...have power over them, lied to them, deceived them, stole from them, bribed the church behind closed doors..all about money to twist truth of God's word... instill more fear..control.....sound for familiar?.
01:12 AM on 05/26/2009
Jesus taught us to treat others the way we want to be treated,and to help the poor(Republicans on average give way more to charity than Dems)...No The Oprah,and George Soros funding Socialist thug groups dont count)....Helping the poor and encouraging them is one thing,but Democrats ,Unions,and the like encourage laziness.Helping one small group of people at the expense of the workers is not a jesus teaching.....Instead of giving sums of money to poor nations(poverty level stays the same),Republicans encourage investment,and letting poor nations use their resources to enrich the people....SO.....If the bible says give a man a fish(he eats for a day),and teach him how to fish(he eats for a lifetime).............That would make jesus a conservative......................THANK YOU
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BumpyKnight
Born OK the first time
10:53 AM on 05/26/2009
The quote "Give a man a fish; feed him for a day. Teach a man to fish; feed him for a lifetime" in the Bible? Many insist on this without offering book, chapter, and verse. The only tangible thing I have found so far on the source of this quote is that it is an ancient Chinese proverb from the founder of Taoism, Lao Tzu.

If this does appear somewhere in Biblical text, maybe you or someone else can help us.
Star2000dancer
Pay it forward, the movie..
02:13 PM on 05/26/2009
Bull. God said "What ye do to the least of man, ye do to me."
08:15 PM on 05/25/2009
Republicans always fight for capitalism, do they not?

But capitalism greed became "excessive", has caused the nations woes as a whole..our final burst..economy crises. .Massive excessive greed and taste there of .......continued into corruption----fraud to get richer....brought on also by the creation of credit cards, outrageous greed in interest charges--quick easy money was used as a tool to "fuel our weaken self more into " temptation" to purchase, purchase purchase,.......to selling in Excess, Excess product goods, to get richer quicker.......

good socialism------ was replaced by evil socialism... Excess greed by "doing bad business" deception, fraud ,untrustworthy, stealing like a Maddoff? etc etc.......... put the nation as a whole into massive debt---ending in "''''no cash flow period""""---just to get richer--worship of wealth as their god....we now all have suffered greatly and all have paid for it dearly, caused by the hands of the few, ---lost homes, lots jobs, massive bail outs...which created .....evil socialism at its finest...
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DFL
Liberal and proud of it.
07:57 PM on 05/25/2009
Socialism is the new GOP scare word.
06:38 PM on 05/25/2009
Geithner a socialist? That will be news to his greed-is-good capitalist allies. It's weird how the Republicans reckessly throw around the word socialist. From the beginning of Reagan to the end of W. Bush they were the fiercest fighters for socialism for the rich.

However, the word may have been lingering in their brains for another reason. Hitler deceptively used the words 'National Socialist.' Then he declared war on socialists and communists, advocated bigotry and hate crime, became allies with conservative church leaders, declared the fetus to be sacred, preached 'morals' and family-values (and of course homophobia), and decided that social justice and civil liberties were the enemy of homeland security.

If we want truth in advertising, it is overdue for the Republicans to name themselves the National Socialist Party - 4th Reich. Rev. Bookburn - Radio Volta
04:43 PM on 05/25/2009
When republicans accuse others of somthing or give republican titles to it, know republicans are doing it under the radar....Ask them and being Christian republicans what kind of socialism are they talking about...Jesus was a "good socialist" a "good steward" of the people as a whole all are equal...satan is evil steward--of evil socialism-----Which socialism are republicans talking about? -tell republicans or better yet, lets give them a list of what evil socialism is..that is the one that destroys our nation as a whole...

Pres Obama... signed the Ledbetter equal wage for woman as men...Pres Obama put in protection laws for people with credit cards..Pres Obama gave 11 million children, our children health care coverage..our tax dollars should be spend on us------we earned it and pay our fair share of taxes on what we earn...

Did not see Bush sign the Ledbetter bill, or give us protection from credit cards..
04:25 PM on 05/25/2009
Jesus was a good steward..good socialism.....satan is a evil steward--evil socialism---cannot serve God or mammon (money) satans tool he uses to tempt people to worship wealth as a god..

evil socialism----greedy, deceiver, doing bad business, deception, fraud, steal, credit cards, outrageous interest ( tempt others and creates more debt), no protection for us, like Maddoff ,banks, people worship wealth as their god...we are eacj to earn our living, but not to steal it from "others hard earned money, our tax dollars--cheap labor....pay our fair share of taxes, not tax havens, mail boxes, massive tax loop holes, or rob others who pay taxes, while they pay none..unrighteous, unjust laws that do not serve all equally or in fairness..etc..etc

above written ---that is evil socialism which destroys a country, wrong proportion of wealth through greed...take a look around at America? In the last 8 years----kind of finished us off--- economy crises you think?

God warns of this over, over John, Luke , Mathew, Ezekiel---warning it will be our ruin here and in the hole world.... money is the root of all evil....that is why it will be hard for a rich man to enter heaven, it will be like a "camel" trying to go through the "eye of a needle".......impossible....
04:08 PM on 05/25/2009
know what ever republicans "accuse" another of or what ever "title" republicans give, know republicans are doing it "under the radar".