Skip to comments.Round two of 'bruising' debt talks underway after Obama stormed out warning GOP'don't call my bluff'
Posted on 07/14/2011 3:17:23 PM PDT by Scanian
Barack Obama is today preparing to re-enter talks with Republicans as the two sides battle to reach an agreement in the ongoing debt ceiling crisis. Fuming lawmakers pointed fingers at one another and Obama on Thursday as negotiations over raising the national debt limit entered a perilous endgame. Federal Reserve Chairman Ben Bernanke warned of economic damage, and an anxious Wall Street envisioned catastrophe if the U.S. defaulted on its obligations.
In the build up to today's meeting, Moody's ratings agency yesterday said that the U.S. could lose its top credit rating in coming weeks if a stand-off between the White House and congressional Republicans over raising the statutory borrowing limit is not resolved.
The announcement comes on the back of a warning from Kentucky Republican Mitch McConnell who told President Obama his party would not 'help him' solve the debt limit crisis. McConnell said: 'Don't expect any more cover from Republicans on it than you got on health care. None.' Senate Majority Leader Harry Reid stood on the Senate floor Thursday and sniped that House Majority Leader Eric Cantor shouldn't even be part of the talks anymore, noting that the Virginia Republican has been called 'childish.' Not long after, Senate Republican Leader Mitch McConnell stood to serve notice that the debt problem belonged squarely in Obama's lap. 'Republicans will not be reduced to being the tax collectors for the Obama economy,' McConnell said. 'Don't expect any more cover from Republicans on it than you got on health care. None.'
A 'tough' and 'testy' meeting yesterday got ugly quickly, according to sources who said Mr Cantor clashed with the President after repeatedly pushing for a short-term resolution to the crisis. According to Mr Cantor the President said: 'Eric, don't call my bluff,' before adding: 'Would Ronald Reagan be sitting here?
(Excerpt) Read more at dailymail.co.uk ...
Remember that Republicans don’t have to make any deal at all. They’re weaseling around for ways to take more money from Uncle Samantha to their socialist, home locales.
Don’t call my bluff????
Did he really think about what he was saying? A bluff is something you don’t intend to do. So he’s saying don’t make me not do what I’m only pretending I will do.
In other words, don’t expose the fact that I’m only bluffing by calling my bluff.
It may have Freudian meaning. But it’s more likely that Obozo simply committed another silly gaffe when he tried to function without the TOTUS.
Perhaps he misheard the suggestion his handlers gave him regarding issuing an admonishment and thought they said “admission”.
Twitter right now has an ongoing hashtag for #dontcallmybluff” that has some truly funny lines.
No mention at all of what inevitably happens if the US continues down the spending path its on.
Thats not fiction, it's gonna happen as sure as h*ll.
You are right! No one (except maybe a doofus) would use the phrase, “Don’t call my bluff”. Lol.
I think I’ve got it now. Obama threw a hissy fit and stormed out which just goes to show how childish Cantor is. Right?
S&P has promised to downgrade US credit if O’Bummer holds back Social Security payments.
Why aren’t the Republicans out there reassuring the seniors that the only way they will not receive their checks is if the Treasury - the Obama Administration - chooses not to send them?
What you are seeing is that he’s an empty suit. Without someone to write a script for him and put it up on a teleprompter, he’s lost. Like Rush said today, he’s a man-child. I believe we are seeing the beginning of the end for this Marxist POS!
I just hope that the man-child doesn’t wee wee himself before he is made to eat his peas.
Soetoro meant don’t assume that I am bluffing but he has not had enough real man conversations and real negotiations with real men to know how to speak properly. His only male role models are Marxist professors and __
Yep. And I think 0Fraudo has never been here. Everything has always been given to him. He's lost.
McConnell must have heard him. Figured he had Aces in the hole and folded his Pair of Kings.
Hint for the President: STOP BLUFFING!
I guess you can’t make tense negotiations when you don’t know what you stand for. It makes more sense to storm off like a B____.
I don’t know but S&P stated on Wednesday that they would deem the US in default if they held back the Social Security checks.
After all, that money was stolen, er, “borrowed” from the Trust Funds and replaced by congressional IOU’s.
So it is in fact “debt service” to send out SS payments.