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

[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.

[DooDahhhh]

Plunge it!

[agere_contra]

If Congress fails to raise the debt ceiling in time, the United States would default on its obligations....

No it wouldn't.

[Rennes Templar]

“possibly plunging the country back into recession”

How do they define recession?

[trebb]

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.

[blueyon]

Not from what I heard on CSPAN2 last night

[tobyhill]

When they have a commercial showing Obama throwing granny over a cliff then I'll believe their not going to kiss Obama’s butt.

[blueyon]

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

[ProudFossil]

How do they define recession?

The economy whenever a Republican is in the White House.

[LibLieSlayer]

So many lies... the biggest is the threat of another "recession"... we are in obama’s Depression and a recession is impossible.

LLS

[shadeaud]

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.

[agere_contra]

Well put.

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

[NoControllingLegalAuthority]

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.

[caww]

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.

[no dems]

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.

[no dems]

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!!!

[no dems]

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.”