Tim Geithner: “We are going to do what it takes to fix this system. We are going to do no more than what it takes.”

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.

Executive compensation played a material role in causing the financial crisis because it encouraged excessive risk taking.

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.

If the U.S. Government were at this time... to significantly reduce the assistance it provides students going to college, that would be a bad thing for the country.