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Obama: Raise the Debt Ceiling Or We're in Trouble
Arutz Sheva ^ | 9/10/13 | Elad Benari

Posted on 10/08/2013 2:34:22 PM PDT by Eleutheria5

President Barack Obama said on Tuesday that the U.S. economy risks a “very deep recession” if Congress doesn’t raise the $16.7 trillion debt ceiling.

Speaking at a news conference at the White House, Obama said he’s willing to talk to Republicans about anything, including changes to his health-care law, once lawmakers end the partial government shutdown and increase the country’s borrowing authority.

“No American president would deal with a foreign leader like this,” he said, according to Bloomberg News. “Most of you would not deal with either coworkers or business associates in this fashion. We shouldn’t be dealing this way here in Washington.”

.....

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


TOPICS: Business/Economy; Extended News; Government; News/Current Events
KEYWORDS: debtceiling; obama; orelse; recession
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What? Refusing to negotiate until the other side capitulates on the very subject to be negotiated? Like what you want Israel to do with the Palestinians? No, most of us would not do that, but you will.

You're saying publicly that shutting down the government and keeping it shut down will cause a deep recession, and our mangy little dog, too? Surrender, Dorothy, or else? But that's talking down the economy.

1 posted on 10/08/2013 2:34:22 PM PDT by Eleutheria5
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To: Eleutheria5

What you mean “we,” kemosabe?


2 posted on 10/08/2013 2:36:23 PM PDT by 2ndDivisionVet (You can't invade the mainland US There'd be a rifle behind every blade of grass.)
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To: Eleutheria5

This from a twerp who knows nothing about economy!


3 posted on 10/08/2013 2:36:30 PM PDT by PoloSec ( Believe the Gospel: how that Christ died for our sins, was buried and rose again)
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To: Eleutheria5
“very deep recession”

By my way of thinking, we have been in a recession/depression plus inflation for the past 5 years. There has been no real economic growth.

4 posted on 10/08/2013 2:36:49 PM PDT by Parmy
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To: Eleutheria5

What’s this we stuff?

This is largely his debt, his economy.


5 posted on 10/08/2013 2:36:54 PM PDT by DonaldC (A nation cannot stand in the absence of religious principle.)
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To: Eleutheria5
OK ... people not working are not getting paid (at the moment), so those funds are free, meaning .. the gummint has what it needs to operate.

Y'don't need no allowance increase.

6 posted on 10/08/2013 2:37:57 PM PDT by knarf (I say things that are true ... I have no proof ... but they're true)
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To: Eleutheria5
Obama: Raise the Debt Ceiling Or We're in Trouble

Me: Stop spending so much money or we're in trouble.

7 posted on 10/08/2013 2:38:45 PM PDT by jeffc (The U.S. media are our enemy)
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To: Eleutheria5

“we” = the kleptocrats


8 posted on 10/08/2013 2:40:01 PM PDT by SpaceBar
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To: Eleutheria5

Debt Ceiling Raised Seven Times Under Obama, Costing $43,000 Per Household

http://blog.heritage.org/2013/09/26/morning-bell-43000-per-household/

FUBO


9 posted on 10/08/2013 2:40:11 PM PDT by Responsibility2nd (NO LIBS. This Means Liberals and (L)libertarians! Same Thing. NO LIBS!!)
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To: Eleutheria5

Quotes of President Barack Obama on the Budget, Deficit, Debt and Deficit Ceiling
http://www.freerepublic.com/focus/f-news/3076002/posts


10 posted on 10/08/2013 2:40:41 PM PDT by TurboZamboni (Marx smelled bad & lived with his parents most his life.)
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To: Eleutheria5
When it comes to ObamaCare, he says we can't change it- it's the law.

But the debt ceiling is a law that he says must be changed.

Why can some laws be changed and some laws can't be changed?

11 posted on 10/08/2013 2:40:56 PM PDT by Repealthe17thAmendment (Is this field required?)
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To: PoloSec
‘Let me be perfectly clear’ I have reached the debt ceiling on my credit cards, and if Obama does not give a raise on my social security, I will be in a deep recession...
12 posted on 10/08/2013 2:41:06 PM PDT by JoanneSD
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To: Eleutheria5

Don’t negotiate until Air Force One is grounded, All Presidential vacations are canceled and all Presidential golf courses are closed.


13 posted on 10/08/2013 2:43:00 PM PDT by Newbomb Turk ("All that is necessary for the triumph of evil is that good men do nothing.")
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To: Repealthe17thAmendment

Why aren’t some laws enforced, such as immigration, or DOMA, while others are?


14 posted on 10/08/2013 2:44:00 PM PDT by Eleutheria5 (End the occupation. Annex today.)
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To: Eleutheria5

Yeah, raise the debt ceiling so this glorified crackhead can send Air Force One on a round trip flight to fetch the family dog to Hawaii. Raise the debt so more sensitivity luncheons can be held in the White House for transsexuals and state dinners for countries that don’t show up.


15 posted on 10/08/2013 2:44:10 PM PDT by Brad from Tennessee (A politician can't give you anything he hasn't first stolen from you.)
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To: PoloSec
This from a twerp who knows nothing about economy!

But the "average American" thinks increasing the debt ceiling increases the debt. How can they be so stupid?

16 posted on 10/08/2013 2:44:54 PM PDT by immadashell (The inmates are running the asylum.)
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To: Eleutheria5
>"Raise the Debt Ceiling Or We're in Trouble"


17 posted on 10/08/2013 2:45:12 PM PDT by rawcatslyentist (Jeremiah 50:32 "The arrogant one will stumble and fall ; / ?)
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To: Newbomb Turk

Let’s not forget IRS field offices. Those have to go down. Also, stop paying those bozos erecting road blocks in front of national parks. If they want to volunteer for this essential service, that’s their business.


18 posted on 10/08/2013 2:45:13 PM PDT by Eleutheria5 (End the occupation. Annex today.)
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To: rawcatslyentist

Heeee’p! He gots him a gun!


19 posted on 10/08/2013 2:45:48 PM PDT by Eleutheria5 (End the occupation. Annex today.)
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To: Repealthe17thAmendment
...because Obama only pays attention to laws he likes. To add to what you said, the only way the ACA was passed was through bribes (Cornhusker purchase, for example) to the last couple of votes. It was so close that it would not have passed if funding had been included in the ACA act itself. So, now that the funding is a new legal issue, Obama wants to pretend that it doesn't exist, because the unfunded law was passed and he won an election in-between.

That's not correct. The House decides on funding. It's bad enough that the bill was rammed through with a "deem and pass." Perhaps the reason they did it without funding was so it would pass muster later as funding originated by the House. But, they didn't fund it when they passed it.

20 posted on 10/08/2013 2:46:01 PM PDT by Pearls Before Swine
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