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[greenfaucet - Economy] The Washington War on Investment: Speaking to a group in Washington this week, the Treasury secretary said that extending tax cuts for the wealthiest Americans would imperil the fragile economic recovery. He argued that government needs the revenues from those top-end tax hikes.

[American Elephants] It Just Isn't Working. Maybe It's Time To Consider Some ...: Nancy Pelosi is calling the House back to Washington from their vacation to vote on a $26 billion stimulus that seems to be largely directed at the teachers’ unions.  Government spending does not create new jobs.  The White House insists, as Democrats always do, that if something isn’t working, it’s because you didn’t spend enough money.

[RealClearPolitics - Articles] RealClearPolitics - Interview with Treasury Secretary Timothy ...: SEC'Y GEITHNER: I think what they can expect from these reforms is much more accessible, much more simple, much clearer disclosure about the terms in which they can borrow to finance education for their children, borrow to finance a home, borrow to finance a car, take a credit card. Much more clear, transparent, simple disclosure than they had over the past several decades, and much better information about the risks you take in investing.

[Lux Libertas - Light and Liberty] The Washington War on Investment | Lux Libertas - Light and Liberty: Evan Bayh and Kent Conrad, among others, support an extension of the upper-end tax cuts precisely to increase investment incentives that will create jobs. Bayh and Conrad often refer to the John Kennedy tax cuts that lowered marginal rates across the board for successful earners and businesses.

[PA Pundits - International] The Shredding Of Our Constition + More « PA Pundits - International: To the extent we dismantle those safeguards, we imperil our freedoms. When the political class is filled with those who are ideologically committed to certain political ends irrespective of the legality of the means used to achieve them, our system of checks and balances breaks down, which is one reason John Adams warned, ‘Our Constitution was made only for a moral and religious people.

[Politics on HuffingtonPost.com] TV SoundOff: Sunday Talking Heads: Geithner says there's a small biz package in the works that Congress hasn't done anything with. He also says that the private sector is hiring people -- ghosts, maybe?

[The Burning Platform] David Stockman - Trashing Obama's Economic Team - The Burning ...: As Stockman explains why Bernanke should be fired immediately””along with Treasury Secretary Timothy Geithner and President Obama’s chief economic adviser, Larry Summers””he sips a cappuccino at The Little Nell bar in Aspen, Colorado, site of the Aspen Institute’s weeklong Ideas Festival, which ended on Sunday. 

[Bad Credit Loans] Europe embraces the cult of austerity - but at what cost?: Krugman took to his blog to ram home the point. “The right thing, overwhelmingly, is to do things that will reduce spending and/or raise revenue after the economy has recovered - specifically, wait until after the economy is strong enough that monetary policy can offset the contractionary effects of fiscal austerity.

[Bastiat Institute] Let Taxes Rise on Rich, Geithner Says | Bastiat Institute: Treasury Secretary Timothy F. Geithner on Thursday rejected calls from some Democrats to extend tax cuts for the nation's top earners past their 2010 expiration date, saying the fragile recovery is no reason to avoid raising taxes on .

[Untitled] Geithner attempts to crap on the Constitution, asking for ...: Aside from the fact that Tim Geithner has appeared to screw up everything he touches, and aside from the fact that the Bilderberger Theory is starting to look more real every day, with Tim Geithner in the middle of it, the odor of this idea is extremely foul.  Tim Geithner having the utimate power to seize ownership of any business he wants, even if they aren’t using bailout money is the antithesis of capitalism. Is that the idea, wink wink?

[Walter Russell Mead's Blog] The Greek Tragedy Unfolds - Walter Russell Mead's Blog - The ...: In all these cases, belief in hidden forces manipulating reality in the service of cleverly diabolical plots reflects the experience of history and, in some cases, the realities of contemporary life.  Greece was under Ottoman rule for four centuries and for many centuries before that the real politics of the Byzantine Empire took place in the tightly closed world of the imperial court in Constantinople.  In the Ottoman Empire, grand viziers who fell out of favor were strangled by silken bowstrings; sultans were made and unmade by harem intrigues as mothers plotted with eunuchs to place their sons on the throne.  Since Greece gained independence in 1830, the fate of the country has often been decided by foreigners —

[AmSpecBlog] The American Spectator : AmSpecBlog : Dionne: We're Still Trapped ...: To suggest this means that Obama could have a Reagan-like recovery is ludicrous, and it has nothing to do with "messaging." Reagan began, on day one, to dismantle the idiotic policies of the Carter administration (and, quite frankly, of the Ford and Nixon administrations) that had produced the famous "misery index." While thinking people in America waited for those measures to bear fruit, Democrats and the media did their usual slime-job on Reagan and the polls reflected this.

[DealBook] What's a Bailed-Out Banker Really Worth? - DealBook Blog - NYTimes.com: (Citigroup’s spokeswoman, Shannon Bell, said the bank did not want to comment on anything having to do with the Feinberg process.) Most of the other companies proposed shorter holding periods, too. (“A lot of our folks have second and third homes and alimony payments and other obligations that require substantial current cash,” said one banker, who insisted on anonymity because he did not want to attract any attention to his firm.) The two car companies also stretched or ignored some guidelines, but what was most jarring was the evidence that these manufacturers and Wall Street now exist in different universes: the stock awards proposed by G.M.

[The Daily Caller - Breaking News, Opinion, Research, and Entertainment] The Washington war on investment | The Daily Caller - Breaking ...: Geithner is suggesting the economy doesn’t need more saving. This thought was echoed by Jared Bernstein, a top White House economist, who told me in an interview that the saving and investment multipliers for economic growth are way below the stimulative effects of government transfer payments, such as more aid to state and local governments and further extensions of unemployment benefits.

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