Timmy Wants More

Via Raw Story, Timmy wants more money.

Nope, that really just about sums it up.

U.S. Treasury Secretary Timothy Geithner formally requested that Congress raise the $12.1 trillion statutory debt limit on Friday, saying that it could be breached as early as mid-October.

Congress raised the limit from $9.1 trillion to $10.6 trillion in July 2008 when Fannie and Freddie melted down, which was raised to $11.3 trillion in October 2008 after the bank bailout, and raised to the current $12.1 trillion for the stimulus package.

Now Timmy says we need "more".

As expensive as fixing these mistakes have been, why is Timmy making the same ones? More importantly, why is Obama letting Timmy make the same mistakes? Most importantly, why are we letting Obama to allow Timmy to fail to allow real reform to the financial system?