Treasury Secretary Geithner stated that starting today he would not be funding 2 government employee funds in order to increase borrowing. If a private sector company executive announced this there would be screams and lawsuits and that executive would likely end up in prison. So this guy who can't use TurboTax to file his taxes correctly (and gets away with it) will now get away with something else the rest of us can't.
All the while he is whining about raising the debt ceiling, yet, the administration that he is part of will not make real cuts in spending.
This is just another example of the federal government doing what they make illegal for the private sector. Another one being social security, a Ponzi scheme in which the government also borrows from to put funds into the general budget, and which they do not count against the deficit.
What about the left over money from TARP? Better yet, what about cutting spending rather than increasing the debt.
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