Tim Geithner: “Our central obligation to the American people is to do what is necessary to get this economy on track.”

I do not believe there is a credible argument to make that uncertainty about our fiscal deficits or uncertainty about the design of regulation in Washington today is having a material adverse effect on the American economy today.

When Timothy Geithner says today that he's willing to go over the cliff, he's saying it because, yes, it's posturing. But he's also saying it because he means it.

If those were embraced by the Congress tomorrow, there would be substantially more confidence around the world in the capacity of this political system in Washington.

Those--the cuts are designed to starve those agencies of the ability--deny them the ability to enforce a set of basic, sensible protections for consumers and investors.