Skip to comments.Obama’s failed debt ceiling gamble
Posted on 07/10/2011 3:09:25 PM PDT by Errant
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Amid disturbing signs that the US recovery has stalled, President Barack Obama took a huge gamble in his approach to the debt-ceiling talks last week. Believing he had an understanding with John Boehner, leader of the Republicans in the House of Representatives, he declared he wanted a $4,000bn grand bargain on the budget. Barely a day later, Mr Boehner said the deal was off. By Sunday evening, with talks about to resume at the White House, the presidents gambit appeared to have failed.
(Excerpt) Read more at ft.com ...
Never say never......Boner is in charge.
It ain’t over ‘til the weepy drunk blubbers.
Cash for Clunkers?
$278,000 from the taxpayers for every job he claims to have created or saved?
1,400+ waivers to ObamaCare?
All of the presidents gambits appeared to have failed.
Can’t read the article without paying a fee. Can you tell us what it says?
With this nobama idiot everything is “urgent” or a “crisis”. It is about time someone calls this fool’s bluff. nobama is a Free America hating freak (note: I’m trying to stick with his “new tone” recommendation here).
Writing little gems like;
With no shred of intellectual justification, and controlling just one house of Congress, the Republicans say, No tax increases, ever
There is a mountain of intellectual justification in the fact we are TAXED ENOUGH ALREADY.
Mr Boehners House Republicans tell their leader they will settle for nothing less than unconditional surrender. The modest revenue increases envisaged by Mr Obama are still too much.
That's right to thieving Democrats tax increases are always just modest proposals.
Nothing here but the rambling failed thoughts of a crook.
Elections have consequences. Where did I hear that before?
Actually this will be good for the GOP and bad for bam a. They are fuming at du over his cuts to entitlements and if a deal fails, boehner gets to walk away, yet Obama base still livid with him for offering cuts to benes.
Well he seemed to believe that Obama screwed the pooch and whatever his scheme was, it backfired.
That’s the impression I got out of it as well. Hope he is right ...
Go check out DU. Complete meltdown.
LOL, Thanks... glad to hear it!
Sorry.... can’t. Already had my shower today.
A real or pretend moron.
The MSM seems full of them.
Clive, this may come as a shock to you, but ONLY one house of congress is all that's needed to make forever real. The House of Representatives, where all spending Bills must originate.
There is one wrinkle. The Senate can gut a bill that has gone through reconciliation, change the contents entirely and (illegally) forward it to the president.
But regardless of what Reid and Pelosi believe, that is never going to work again.
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Worked ONE time... lol I’m not sure what they’re using... Probably a cookie that allows just a one time access?
Believing he had an understanding with John Boehner,...
I'm not wasting my click. I'll respect their TOS and content so much that I'll take a pass on reading a piece that starts out with such blatant bias.
Worth reading, perhaps, but not worth signing up for.
Remember, Brooks last week was claiming that the deal being offered by Obama only required a few tax increases. Instead Obama offered over a trillion bucks in increased taxes. Will be interesting to see how Brooks rationalizes his way out of this latest development.
Geithner says hard times to continue for many (Til your gone)
Urgent and end of civilization as we know it is what got us TARP and all the other crap.
Scare tactics, nothing more... gee what news to most of us on FR.
I wonder how many of the sheeple are still buying his shinola?