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Obama faces angry Dems as debt talks hit crunch (but the Rats and MSM will still kiss Obama's rear)
msnbc ^ | 7/22/2011 | msnbc

Posted on 07/22/2011 3:47:58 AM PDT by tobyhill

As efforts to avoid an unprecedented U.S. default entered crunch time Friday, President Obama faced growing tensions with senior congressional Democrats, who are angry at White House concessions to Republicans and at being left out of the talks.

With the clock ticking toward an Aug. 2 deadline to raise the U.S. debt ceiling, Obama and the senior Republican in Congress, House Speaker John Boehner, worked toward a plan that could include up to $3 trillion in spending cuts but might leave tax reform for later, congressional aides said.

Friday is essentially the start of crunch time. The White House initially set a July 22 target for a deal that would leave enough time to get it through the legislative process. But it has backed off that timeframe in recent days with both sides still far apart on the issues.

If Congress fails to raise the debt ceiling in time, the United States would default on its obligations, possibly plunging the country back into recession and sparking a crisis in financial markets worldwide.

(Excerpt) Read more at msnbc.msn.com ...


TOPICS: Extended News; News/Current Events
KEYWORDS: davidgregoryswife; fanniemae; msdnc; msnbccoverup

1 posted on 07/22/2011 3:48:05 AM PDT by tobyhill
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To: tobyhill

Plunge it!


2 posted on 07/22/2011 3:54:10 AM PDT by DooDahhhh (ma)
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To: tobyhill
If Congress fails to raise the debt ceiling in time, the United States would default on its obligations....

No it wouldn't.

3 posted on 07/22/2011 3:54:21 AM PDT by agere_contra ("Debt is the foundation of destruction" : Sarah Palin.)
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To: tobyhill

“possibly plunging the country back into recession”

How do they define recession?


4 posted on 07/22/2011 3:55:13 AM PDT by Rennes Templar
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To: agere_contra
If Congress fails to raise the debt ceiling in time, the United States would default on its obligations

The United States began defaulting on its obligations when politicians and SCOTUS began looking down at the Constitution. That default is more heinous than any monetary default, and is the real cause of the monetary situation.

5 posted on 07/22/2011 4:00:39 AM PDT by trebb ("If a man will not work, he should not eat" From 2 Thes 3)
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To: tobyhill

Not from what I heard on CSPAN2 last night


6 posted on 07/22/2011 4:05:34 AM PDT by blueyon (The U. S. Constitution - read it and weep)
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Comment #7 Removed by Moderator

To: blueyon
When they have a commercial showing Obama throwing granny over a cliff then I'll believe their not going to kiss Obama’s butt.
8 posted on 07/22/2011 4:09:13 AM PDT by tobyhill (Real Spending Cuts Don't Require Increasing The Debt)
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To: tobyhill

http://www.c-spanvideo.org/program/CutC worth listening to as you do other stuff on the net, they have common sense, shot down the reporters spin and (I can not believe I would say this) even Lindsey Graham made points


9 posted on 07/22/2011 4:11:13 AM PDT by blueyon (The U. S. Constitution - read it and weep)
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To: Rennes Templar
How do they define recession?

The economy whenever a Republican is in the White House.

10 posted on 07/22/2011 4:13:28 AM PDT by ProudFossil
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To: tobyhill
So many lies... the biggest is the threat of another "recession"... we are in obama’s Depression and a recession is impossible.

LLS

11 posted on 07/22/2011 4:24:52 AM PDT by LibLieSlayer ("GIVE ME LIBERTY OR GIVE ME DEATH"! I choose LIBERTY and PALIN!)
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Comment #12 Removed by Moderator

To: LibLieSlayer
Never waste a crisis (close to the quote) I believe Rahm Emanuel used when obammma wanted the stimulus plan enacted.
Obammma is up to something and it'll sound like he's the savior again, thus leading to popularity bump and used to his favor in the election. We need to really watch and analyze what is seriously on the table.
13 posted on 07/22/2011 4:43:47 AM PDT by shadeaud (" If you can't beat them, arrange to have them beaten." -- George Carlin)
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To: trebb

Well put.

The most obvious example being the unconstitutional issue of credit as money, and the obfuscation of true money: Gold and Silver.


14 posted on 07/22/2011 4:44:41 AM PDT by agere_contra ("Debt is the foundation of destruction" : Sarah Palin.)
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To: tobyhill
Give-away societies do not die peacefully when the pantry is suddenly empty.

The squealing pigs sucking on the teats will turn into a pack of murderous wild dogs when the teats are pulled away or run dry.

Ours is not a moral country anymore.

We are now just a couple of weeks away from anarchy on any given day.

Buy more ammunition and practice shooting regularly.

15 posted on 07/22/2011 4:52:28 AM PDT by NoControllingLegalAuthority (What this country needs is an enema.)
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Comment #16 Removed by Moderator

To: shadeaud
Obammma is up to something and it'll sound like he's the savior again, thus leading to popularity bump and used to his favor in the election. We need to really watch and analyze what is seriously on the table.

Well if it indeed is true, as some say, that the Democrats deliberately planned NOT to do a budget and bring it to where we see it now...then you can bet the "clincher" is yet to be seen....but it's coming no doubt.

17 posted on 07/22/2011 5:00:46 AM PDT by caww
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To: tobyhill; All
I read the article. Inside the article was a link to a 10 minute interview between Andrea Mitchell and Paul Ryan. Paul was AMAZING!!! The very last question she asked him, to try and "ensnare" him, he retorted quickly and smartly and decimated the old, liberal hag just as the interview ended.
18 posted on 07/22/2011 5:06:00 AM PDT by no dems (Never miss a chance to say "I love you" because you may never get the chance to say "goodbye".)
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To: agere_contra
If Congress fails to raise the debt ceiling in time, the United States would default on its obligations, possibly plunging the country back into recession and sparking a crisis in financial markets worldwide.
That's b.s., but even if it was so, my response would be:
LET THE GOOD TIMES ROLL MAMA!!!
19 posted on 07/22/2011 5:08:51 AM PDT by no dems (Never miss a chance to say "I love you" because you may never get the chance to say "goodbye".)
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To: Rennes Templar; All

How do they define recession?
______________________________________________________________
To revise a Ronald Reagan quote: “A recession is when your neighbor loses his job. A depression is when you lose your job. Recovery is when Barack Obama loses his job.”


20 posted on 07/22/2011 5:15:09 AM PDT by no dems (Never miss a chance to say "I love you" because you may never get the chance to say "goodbye".)
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To: caww; shadeaud
If the Republicans will stand strong and we come out of this with NO TAX INCREASES and about 3 trillion in spending cuts, the slogan that will drive the DemcoRATS crazy, demoralize them and, hopefully, dissuade many of them from not supporting him with the same enthusiasm they did in '08, even if they still vote for him, would be this:

OBAMA CAVED / AMERICA SAVED
21 posted on 07/22/2011 5:23:31 AM PDT by no dems (Never miss a chance to say "I love you" because you may never get the chance to say "goodbye".)
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To: no dems; AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; ColdOne; ...

Great idea for a tagline! Hey, nice, at least two messages deleted, I guess I missed some festivities. :’)


22 posted on 07/22/2011 5:30:40 AM PDT by SunkenCiv (Yes, as a matter of fact, it is that time again -- https://secure.freerepublic.com/donate/)
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To: NoControllingLegalAuthority
squealing pigs sucking on the teats will turn into a pack of murderous wild dogs

Pigs turning into dogs?

There are murderous wild pigs you know. (See: Hannibal Lecter)

23 posted on 07/22/2011 5:35:01 AM PDT by ROCKLOBSTER ( I love the smell of burning Hope & Change in the morning.)
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To: agere_contra

exactly. The chicken little syndrome is really getting old.scare us into submission. sadly it always works on a large segment of our society.


24 posted on 07/22/2011 5:53:32 AM PDT by Palin_Rubio2012
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To: SunkenCiv

Wish I could remember what the 2 comments, that were deleted, said.


25 posted on 07/22/2011 5:57:18 AM PDT by no dems (Never miss a chance to say "I love you" because you may never get the chance to say "goodbye".)
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To: Rennes Templar

So, how would “plunging back to recession” be different from what we’re seeing now?


26 posted on 07/22/2011 6:04:13 AM PDT by MrB (The difference between a Humanist and a Satanist - the latter knows whom he's working for)
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To: no dems

yeah, me too...

This isn’t the thread topic that usually leads to deleted comments.


27 posted on 07/22/2011 6:05:27 AM PDT by MrB (The difference between a Humanist and a Satanist - the latter knows whom he's working for)
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