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Boehner: The U.S. May Default On Its Debt If Obama Continues His Refusal To Negotiate
The Blaze ^ | October 6, 2013 | Oliver Darcy

Posted on 10/06/2013 11:33:27 AM PDT by Cincinatus' Wife

...........During an appearance on ABC’s Sunday program “This Week,” Boehner was asked what will happen if Obama maintains his position not to negotiate over raising the debt limit.

“If he [Obama] continues to refuse to negotiate, the country is going to default?” a stunned George Stephanopoulos asked Boehner.

“That’s the path we are on,” he replied.

“I’m willing to sit down with the president, but his refusal to negotiate is putting our country at risk,” he added, reiterating it multiple times throughout the interview.......

(Excerpt) Read more at theblaze.com ...


TOPICS: Business/Economy; Extended News; Government; News/Current Events; US: Hawaii; US: Illinois; US: Ohio
KEYWORDS: 113th; 14thamendment; boehner; debtceiling; ericposner; garrettepps; hawaii; illinois; johnboehner; newcivilwar; obamacare; ohio; partisanmediashill; partisanmediashills; shutdown; stephanopoulos
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To: Cincinatus' Wife

I’m glad Boehner is taking a stand, but he clearly cannot handle the press, Cruz has set the example on how to deal with the press, but no one will follow, Boehner looks and acts like an amateur, I couldn’t watch but about three minutes, he’s embarrassing.

Maybe I should have watched the whole thing, but I just could not!


21 posted on 10/06/2013 11:53:14 AM PDT by PoloSec ( Believe the Gospel: how that Christ died for our sins, was buried and rose again)
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To: Cincinatus' Wife

<....” Obam... granted a waiver to businesses for the Affordable Care Act”....>

That is against the law, he legally could ‘not change’ the AHCA law once it had past...so he’s been breaking the law for some time now.


22 posted on 10/06/2013 11:56:40 AM PDT by caww
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To: Red Steel
good...and what about, illegal IRS and targeting Tea party and other conservatives, fast and furious , Benghazi, lies lies lies...and all the illegal power grab of his executive orders...impeach tje SOB POS!!!!!
23 posted on 10/06/2013 11:57:23 AM PDT by ldish (Have had enough...you??????)
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To: parksstp
I think the GOP is winning the shutdown battle, as each day this goes on and people realize the sky hasn’t falling, how stupid the liberals look. And now that bills have passed to allow furloughed workers to essentially get paid during the entire shutdown for doing nothing, that’s going to remove the biggest noticeable effect, and put more pressure on the libs to fund those “piecemail” bills the GOP has tried to passed in Congress. The cat is out of the bag that a shutdown is not the end of the world.

The same could be said about the debt ceiling. If we don’t raise it, but people realize the mandatory debt is being paid as well as the largest entitlement programs affecting the most Americans, there will be another realization that the “sky isn’t falling”, and the libs won’t be able to use this issue either for the forseeable future. This is why I think they trying to push Obama to commit an impeachable offense, because if Americans learn the debt ceiling doesn’t have to be raised to pay the debt, they won’t have this as an issue in the future to scare Americans....

And while all that is happening, this (reality) is too: Miami Herald

"......... Prices and availability varied significantly, according to an analysis of the 1,923 plans being sold in the 34 states where the Department of Health and Human Services is running the marketplaces or working in partnership with states.

Under the health law, insurers can only set prices for policies that begin in 2014 according to age, household makeup, geographic location and smoking status (insurers are allowed to charge smokers 50 percent higher premiums than nonsmokers).....

.........monthly premiums are only part of the equation that consumers should consider when comparing plans. Ray Smithberger, general manager of individual and family plans for Cigna, urged consumers to consider the “total value” of their coverage, including provider networks, when shopping for plans that can cost a family as much as in one year as a mid-size sedan, or $20,000, when accounting for monthly premiums and out-of-pocket costs, such as co-pays and deductibles.

Smithberger said consumers should study their options. He cautioned consumers motivated by low monthly payments to consider the potential risks of higher out-of-pocket expenses for medical care — when a plan with a higher monthly premium might offer greater coverage of costs.

“If they’re thinking, ‘I’m getting my insurance and I’m only spending, with my subsidy, $25 a month’,’’ he said, “they need to understand that if they have a broken leg or need to go to the ER, that’s going to cost them out of pocket.’’

Insurers also offer plans with lower monthly payments but with narrow provider networks that restrict consumers’ choices of doctors and hospitals......”

24 posted on 10/06/2013 11:57:49 AM PDT by Cincinatus' Wife
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To: caww

I forgot to add that one...you are right...the law is already broken...impeach for that too!


25 posted on 10/06/2013 11:59:12 AM PDT by ldish (Have had enough...you??????)
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To: Popman

Hold the line Boehner...


Call the man! Let him know he is doing the right thing.

He’s been weak, if we can stand by him now it will give him strength.

I’ve been calling for this, but it seems snark is the current craze.

Do we have any responsibility at all in seeing him through this?

I say yes. He’s a weeper, but this time it looks like he may hold out. Can we quit the snark and let him know?

Ted Cruz opened the door, and boehner walked in. Give the man some support.


26 posted on 10/06/2013 11:59:42 AM PDT by KittenClaws ( You may have to fight a battle more than once in order to win it." - Margaret Thatcher)
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To: Cincinatus' Wife

I think this is just for show.

Yesterday it was reported that Boehner said he would bypass the Hastert Rule and let a vote come for raising the debt ceiling. That means Obamacare gets funded and the republicans lose.

There is no out for Obama except to look weak. Same with Boehner except for ignoring the Hastert Rule and saying the House voted to end the shutdown.

I have a thought on something I think has never been done before.

I am wondering if it would be constitutional for the House to sell US congressional bonds for federal reserve notes (created money or created digits). Then I am wondering if they can place the cash proceeds into trust accounts that can be used for specified purposes.

Such an idea would negate the idiotic trial flag idea of Obama using the 14th Amendment to bypass Congress and raise the debt ceiling by EO.


27 posted on 10/06/2013 12:00:49 PM PDT by Hostage (Be Breitbart!)
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To: Cincinatus' Wife

“Default” is a bunch of hooey.

Foster Friess:

It’s impossible to default on the debt——years down the road, maybe

Average monthly interest costs are $18 billion….. we take in on average $225 billion. By law, the president must pay interest first before anything else.

In addition to interest we must roll over the $550 billion of maturing debt each month. Newly issued bonds replace maturing bonds with no net change in total debt outstanding. If the Chinese and other investors won’t purchase them, Federal Reserve Chairman Bernanke will just buy them for the Fed’s account.

When confronted with money problems, adults make decisions and set priorities. We pay the mortgage before we pay the cable bill. But the Obama administration chooses tointentionally inflict pain on the American people by making the most headline-grabbing cuts possible.

What better example of this disgusting antic than erecting physical barriers on Tuesday, blocking access to the open air World War II Memorial to a group of Mississippi visiting vets. Erecting the barriers actually cost money to do so!

They recently shut down White House tours and National Parks but still managed to find the money for bonuses to IRS staffers and a multi-million dollar weekend of golf for the president and Tiger Woods.

The Social Security folks send out $68 billion a month. Active-duty military members get about $12.5 billion. From there, we work through the budget in order of priority, air traffic controllers, meat inspectors, etc. Unfortunately, the $225 billion a month falls short of the federal government’s important obligations.

But why not be honest and say “the government wouldn’t be able to pay all of itsbills” rather than the over-dramatic nonsense that “we will default on our debt”?

Did we need to lay out the $13 billion in crony loans to the solar energy investors that also happen to be major Democratic donors? Or, most especially, the billions that the “Affordable” Care Act is going to cost?

What if we asked employees of departments of agriculture, education, and energy if they would enjoy a voluntary unpaid sabbatical for the number of months they would choose? Would that provide enough cash flow to keep the White House tours going and the parks open for the American people?

The doomsayers have it exactly backwards. Say your personal finances were a mess, so you quit adding debt and cut spending. Your credit score would improve. If you don’t believe me, ask any banker. Why would raising our national debt limit help our credit rating?

Some in the media posit that Standard & Poor’s reduced our credit rating due to “political gridlock.” Do you think it just might be because we are like a household earning $26,000 a year, spending $38,000 and increasing daily, our $169,000 credit card debt? How significant is the comparable $865 sequester reduction in relation to a $38,000 expense level?

Why do we tolerate such nonsense and demagoguery from our politicians and media?

Employees in small towns all across America suffer lower incomes when their employer struggles or goes out of business. In Washington, D.C, forget it! Our Ruling Political Elite believe we out here in the hinterlands (colonies?!) just fell off the pumpkin truck.

If you read or hear of “journalists” talking about default, forward them this...

God Bless


28 posted on 10/06/2013 12:01:57 PM PDT by EternalVigilance
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To: parksstp

I think boehner et all know this.

They continue the charade b/c if time does indeed come where the prioritization occurs, it’ll be like sequestration and like the gov’t shutdown ie no big deal.

What will be the big deal will be negotiating on those last few billion :)


29 posted on 10/06/2013 12:02:44 PM PDT by Principled
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To: parksstp
I’m still not sure Boehner has the cajones to see this through the end. Sorry to say, the GOP has a history from snatching defeat from the jaws of victory.


Just......damn.

call boehner with some support!

Ted Cruz gave us strength, can we not offer some to Boehner?

If a man ever needed a shot in the arm, it is Boehner. And remember we NEED him. If we can't help him stand firm, then WE must bear some of the responsibility.

What will it take to get through to you people?

30 posted on 10/06/2013 12:04:21 PM PDT by KittenClaws ( You may have to fight a battle more than once in order to win it." - Margaret Thatcher)
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To: KittenClaws; All
Call the man! Let him know he is doing the right thing.

Give him a "thumbs up!"

31 posted on 10/06/2013 12:04:33 PM PDT by Cincinatus' Wife
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To: jeffc
George S threw hardballs at Boehner this morning. He NEVER treats Obama like that. Boehner stood his ground pretty well.

After that next up was Upchuck Schumer, I couldn't watch it.

Just for the record Boehner NEVER shut the govt down Neither did Reid.

The White House and OMB are the ones with the power to shut it down. They did it because (choose who is to blame). People don't seem to understand that (not here).

32 posted on 10/06/2013 12:06:18 PM PDT by Aliska
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To: ldish

Impeachment will only affect Obama once he’s out of the Presidency and not much more than it hurt Clinton..which as we see didn’t.

I say the US People should do like Egypt ...lets go to Washington and demand he resign. Impeachment will take so long their will not be a country left by the time he’s brought everything through he’s marching on.

Amnesty will be the last nail in the coffin and that’s right around the corner...actually it’s being tabled as we speak...and they are already in the streets making their demands. (Under the tutor of the Democrats of course)


33 posted on 10/06/2013 12:07:33 PM PDT by caww
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To: parksstp

And of course there is always this to fall back on... ;-)
http://www.youtube.com/watch?v=q6vi528gseA


34 posted on 10/06/2013 12:07:47 PM PDT by Republican Wildcat
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To: EternalVigilance

I am saving this and will do just that...thanks so much!


35 posted on 10/06/2013 12:09:45 PM PDT by caww
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To: Cincinatus' Wife
CALL THE COMMIE RAT BASTARD'S BLUFF.

Thank you, John.

36 posted on 10/06/2013 12:13:23 PM PDT by St_Thomas_Aquinas ( Isaiah 22:22, Matthew 16:19, Revelation 3:7)
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To: parksstp
The Sky is Falling by Deception
Not Reality

37 posted on 10/06/2013 12:17:07 PM PDT by MaxMax (Pay Attention and you'll be pissed off too! FIRE BOEHNER, NOW!)
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To: Cincinatus' Wife

Perhaps bonehead has finally realized he will be in one of the first Obama Boxcars.


38 posted on 10/06/2013 12:18:18 PM PDT by justa-hairyape (The user name is sarcastic. Although at times it may not appear that way.)
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To: KittenClaws
WHAT SHE SAID.....


39 posted on 10/06/2013 12:18:52 PM PDT by jimsin
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To: EternalVigilance

Paul: ‘There’s No Reason for Us to Default’

http://www.nationalreview.com/corner/360495/paul-theres-no-reason-us-default-andrew-stiles

“President Obama and his Democratic allies are needlessly spooking financial markets about the prospect of a default on the national debt, Senator Rand Paul said Sunday on Meet the Press.

Even if the debt ceiling is not raised before the predicted deadline of October 17, Paul said there is “no reason” for the country to default. Congress could pass a GOP-backed proposal — the Full Faith and Credit Act — to take the prospect of default off the table..........”


40 posted on 10/06/2013 12:22:06 PM PDT by Cincinatus' Wife
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