Fox News - Treasury Secretary Tim Geithner said Sunday that he did not initially think lawmakers would bring the debt-ceiling negotiations "this close to the edge," appearing taken aback by the lingering distance between the two sides with an Aug. 2 deadline looming. Geithner told "Fox News Sunday" that he remains confident lawmakers will lift the $14.3 trillion debt cap and avoid a national default. "We're running out of runway. We're almost at the edge. I never thought they would take it this close to the edge," Geithner said. Though House Speaker John Boehner broke off talks with the White House late Friday, Geithner appeared to hold out hope for a large-scale deal -- such a deal, as envisioned, would raise the debt ceiling, while cutting spending and reforming the tax code and entitlements. As a second option, Geithner pointed to a fallback plan in the Senate that would enact smaller cuts now and entrust a special committee to craft broader deficit reduction in the future.
First of all Treasury Sec. Geithner is apparently not familiar with modern day politics...at all. When was the last time a major decision was made prior to the deadline? Shit just doesn't work that way, both sides have to puff their chests out, ruffle the others feathers, and pander to their minority, but loud and extreme, fan bases. It's a gigantic cock fight, and Geithner is either a complete idiot or playing dumb if he's saying he didn't forsee this.
Secondly, and this is to Washington...Just fix the frigen issue and lets move on. Yea, easier said than done, easy to complain from a blog, what would I do if I was in their position, yada, yada, yada...Well you know what? Luckily I don't have to make that decision. It's not my job, not my pay grade...I didn't run for office and put myself into the position to have to figure this shit out. But these guys did, and now they're acting like a bunch of 5th graders, loud mouth bloviating, but deep down just a bunch of chicken shits afraid of not impressing their group of friends (their extreme fan bases in this analogy).
Stop acting like children and hammer a deal out that works right now, but more importantly works a few years down the road so we don't have to go through this ordeal again. I'd like to wake up next week and know my dollars are still worth something, I'm borderline deciding whether to walk down to payroll to inquire if they can pay me in British Pounds starting next week. And again, don't worry about fixing everything right now, shit is royally fucked up right now, throwing a bandaid on our 14 trillion dollar debt isn't going to do anything. Whatever you do make sure this plan works 4-5 years from now when it counts.
