Treasury Takeover Not Permanent, Just Indefinite

From the Merriam-Webster Dictionary:
Main Entry: in•def•i•nite
Pronunciation: \(ˌ)in-ˈdef-nət, -ˈde-fə-\
Etymology:Latin indefinitus, from in- + definitus definite
: not definite: as
a: typically designating an unidentified, generic, or unfamiliar person or thing
b: not precise : VAGUE
c: having no exact limits

Main Entry: per•ma•nent
Pronunciation: \-nənt\
Function: adjective
Etymology: Middle English, from Anglo-French parmanant, from Latin permanent-, permanens, present participle of permanēre to endure, from per- throughout + manēre to remain — more atPER-, MANSION
Date: 15th century
: continuing or enduring without fundamental or marked change

So Treasury Secretary Tim ‘Tax Cheat’ Geithner says that the Treasury takeover of the financial sector is not exactly permanent, but does not have a real exit strategy to put the businesses back in the hands of the free market.

Imagine that. A government program being solidified into a NEVER ENDING structure. Shades of FDR.

Read more here.

The revolution is at hand. Will you be a leader or a follower?


2 thoughts on “Treasury Takeover Not Permanent, Just Indefinite

  1. Pingback: Sen. Jim DeMint Wants Geithner to Explain ‘Exit Strategy’ to Trillion-Dollar Bailouts « Frugal Café Blog Zone

  2. IMO,….I am enjoying the implosion of the current administration.

    The recent California votes are an indication of the American People responding to the onerous governmental policies they’re trying to shove down our freakin’ throats.

    Turbo Timmy is nothing more that a political hack puss, and needs to be removed. (never happen).

    I would pay real money to see Obama throw temper-tantrums over the resistance he’s starting to see in congress, and throughout the country.
    “How dare you challenge ME !!!”

    He has never had to deal with living in the private sector.
    He has been in “academia” his entire life.
    Always had a backstop, never had to worry about paying a mortgage, or a car payment on time, or supporting his family in rough times.

    America is seeing the results of a dictator being elected to office.

    We aren’t even 6 months into this, and look what has happened already !

    Navy,…I think the libs are terrified of what’s coming.

    Taxes, State’s rights, personal freedom.

    All on the table,..we’ll see.

    2010..we vote again.

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