Markets hold breath as China's shadow banking grinds to a halt

Out of the shadows and into...a crash?

A slew of shockingly weak data from China and Japan has led to a sharp sell-off in Asian stock markets and the biggest one-day crash in iron ore prices since the Lehman crisis, calling into question the strength of the global recovery.

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Timothy Geithner is an an unqualified propagandist who has fabricated a recovery from whole cloth...

Without small businesses generating jobs, there is no recovery.

Hey, middle class! Guess what? Now Obama's going to have to raise your taxes after all (don't tell me you didn't see that one coming)

To get the economy back on track, will President Barack Obama have to break his pledge not to raise taxes on 95 percent of Americans? In a “This Week” exclusive, Treasury Secretary Tim Geithner told me, "We’re going to have to do what’s necessary.”

Geithner was clear that he believes a key component of economic recovery is deficit reduction. When I gave him several opportunities to rule out a middle class tax hike, he wouldn’t do it.

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Obama: Master of the Bait and Switch (also known as "Shell Game")

...back then [2/9/2009] Obama was pointing out--correctly--that short-term stimulus spending to prompt an economic "recovery" was not the same as a normal budget debate. The rules were different. Spending was the whole point. Now, when it serves Obama's political interests, Obama seems to have changed his mind. Deficits five or more years away are, he now claims, are about "recovery" as well. And all he did was change the meaning of a single word.
Obama Word Games: The Meaning Of "Recovery"

So, anyone who is not FOR his budget is AGAINST recovery...get it? Just like when you don't want the government to forcibly take your money and hand it over to anyone they please (read: potential or existing Democrats) they accuse you of not wanting to "help people" and you are a bad person.