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Obama: Without deal 'good chance of default'
yahoo.com ^ | October 14, 2013

Posted on 10/14/2013 12:00:09 PM PDT by Tailgunner Joe

President Barack Obama says that if Republicans can't resolve the standoff over the debt ceiling and the partial government shutdown, quote, "we stand a good chance of defaulting."

(Excerpt) Read more at news.yahoo.com ...


TOPICS: News/Current Events
KEYWORDS: braking
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"If we don't start making some real progress both in the House and the Senate, and if Republicans aren't willing to set aside some of their partisan concerns in order to do what's right for the country, we stand a good chance of defaulting." - Barack Hussein Obama
1 posted on 10/14/2013 12:00:09 PM PDT by Tailgunner Joe
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To: Tailgunner Joe

What is this “we” crap, BO?

YOU are the failure. Not the Republican House.


2 posted on 10/14/2013 12:01:05 PM PDT by SoFloFreeper
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To: SoFloFreeper

By the way, is no one able to penetrate the truth that default really means not paying the interest on the debt, and we’re not going to do that?


3 posted on 10/14/2013 12:01:40 PM PDT by SoFloFreeper
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To: SoFloFreeper

Nobody in the media is brave enough to call out his lie.


4 posted on 10/14/2013 12:02:59 PM PDT by palmer (Obama = Carter + affirmative action)
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To: Tailgunner Joe

sounds like conflating and bluffing.


5 posted on 10/14/2013 12:03:24 PM PDT by SteveH (First they ignore you. Then they laugh at you. Then they fight you. Then you win.)
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To: Tailgunner Joe

6 posted on 10/14/2013 12:03:27 PM PDT by Servant of the Cross (the Truth will set you free)
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To: Tailgunner Joe
Translation:
My way or the highway.
We will NOT Negotiate unless you give us everything we want.
Until you understand that we are wasting time. BO
7 posted on 10/14/2013 12:03:43 PM PDT by DeaconRed (The TEA PARTY is my new party. Juan Mclaim and his Republican party can kiss my Grits.)
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To: Tailgunner Joe

The issue is the treasury better start prioritizing what they are going to pay. Hope we really pay our interest and cut some salaries and office space in DC..


8 posted on 10/14/2013 12:05:38 PM PDT by Baseballguy (If we knew what we know now in Oct would we do anything different?)
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To: Tailgunner Joe

Such a bullsh!tter.


9 posted on 10/14/2013 12:06:30 PM PDT by LibLieSlayer (FROM MY COLD, DEAD HANDS!)
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To: Tailgunner Joe

Boehner needs to threaten impeachment. Nicely of course.


10 posted on 10/14/2013 12:06:45 PM PDT by lodi90
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To: Tailgunner Joe

Default. That IS his end game. That IS what he wants.


11 posted on 10/14/2013 12:07:56 PM PDT by jersey117
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To: Tailgunner Joe

Frankly, there is no downside for Obama in defaulting.

Obama crashes the global economy, media blames the Republicans.

Obama fulfills the Radical Black Socialist dream of his “mentor”, Frank Davis, and crashes the US economy, the Media blames Republicans.


12 posted on 10/14/2013 12:08:15 PM PDT by tcrlaf (Well, it is what the Sheeple voted for....)
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To: Tailgunner Joe

Obama wants money from the congressional districts for his federal government...
He should be happy to accept what’s offered.


13 posted on 10/14/2013 12:08:35 PM PDT by Berlin_Freeper
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To: Tailgunner Joe

The leader of the Chicken Little party squawks again...


14 posted on 10/14/2013 12:09:54 PM PDT by Hotlanta Mike ("Governing a great nation is like cooking a small fish - too much handling will spoil it." Lao Tzu)
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To: palmer

“Nobody in the media is brave enough to call out his lie.”

There are plenty of wrecked media careers to show them what happens when someone dares to go against the approved MediaMatters/OFA Current-Truth-Of-The-Day.

It was like this in 1930’s Germany, too.


15 posted on 10/14/2013 12:09:59 PM PDT by tcrlaf (Well, it is what the Sheeple voted for....)
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To: jersey117

Default. That IS his end game. That IS what he wants.


Default is not possible if the country’s obligations are paid first...he would just need to lay off some more government workers to manage the cash flow.


16 posted on 10/14/2013 12:11:43 PM PDT by Hotlanta Mike ("Governing a great nation is like cooking a small fish - too much handling will spoil it." Lao Tzu)
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To: Hotlanta Mike

We know that and I’m sure he knows it. I think he deliberately wants to push the country over the cliff.


17 posted on 10/14/2013 12:13:52 PM PDT by jersey117
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To: tcrlaf

Hey Jackass, how about you doing a little dealing.


18 posted on 10/14/2013 12:13:58 PM PDT by esmith
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To: Tailgunner Joe

The effects of a default will be ALMOST as severe as the sequester.


19 posted on 10/14/2013 12:14:10 PM PDT by Cowboy Bob (They are called "Liberals" because the word "parasite" was already taken.)
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To: SoFloFreeper

Bring it on !


20 posted on 10/14/2013 12:15:05 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: Tailgunner Joe

This is news?


21 posted on 10/14/2013 12:16:01 PM PDT by onyx (Please Support Free Republic - Donate Monthly! If you want on Sarah Palin's Ping List, Let Me know!)
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To: Tailgunner Joe

Both parties, Democrat and Republican, getting a lot of media time during this political event, setting themselves up with quotes and video clips for upcoming elections.

They’ll hook up their new world order masters when the resolution needs to happen.

More borrow, more spend.

Thanks, sheeple !


22 posted on 10/14/2013 12:16:55 PM PDT by PieterCasparzen (We have to fix things ourselves)
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To: esmith

What the hell is that supposed to mean???


23 posted on 10/14/2013 12:17:09 PM PDT by tcrlaf (Well, it is what the Sheeple voted for....)
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To: Tailgunner Joe

If Obama chooses to default, he will own the recession that will come afterwards. It’s his choice. If he doesn’t want that, he should repeal Obamacare, repeal the tax increase and then resign.


24 posted on 10/14/2013 12:17:30 PM PDT by BarnacleCenturion
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To: Tailgunner Joe

Zero is playing to the mainstream media. I tried to negotiate with the GOP but Nooooooooooooooooo.

No default- back-door balanced budget amendment. Read here.

http://www.powerlineblog.com/archives/2013/10/memo-to-gop-if-obama-wont-compromise-dont-raise-the-debt-ceiling.php


25 posted on 10/14/2013 12:17:41 PM PDT by Rockitz (This is NOT rocket science - Follow the money and you'll find the truth.)
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To: Servant of the Cross

Exactly what I was thinking of when I read the headline!


26 posted on 10/14/2013 12:17:45 PM PDT by texgal (end no-fault divorce laws return DUE PROCESS & EQUAL PROTECTION to ALL citizens))
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To: Hotlanta Mike

This spending has to stop somewhere, all they are ALL doing is trying to kick the can down the road like they’ve done for years.
We’re broke period.
A good start would be the elimination of Baseline Budgeting.
You can’t grow the government at 10% a year when the GNP is at less than 2%.


27 posted on 10/14/2013 12:18:45 PM PDT by Robe (Rome did not create a great empire by talking, they did it by killing all those who opposed them)
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pResident DOWN-GRADE now promises DEFAULT!

The time is now
Support Free Republic

28 posted on 10/14/2013 12:20:15 PM PDT by RedMDer (http://www.dontfundobamacare.com/)
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To: Tailgunner Joe

Obama is a f’n LIAR!


29 posted on 10/14/2013 12:21:05 PM PDT by kcvl
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To: Tailgunner Joe

Then over the breach we go.


30 posted on 10/14/2013 12:21:06 PM PDT by cowboyusa
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To: SoFloFreeper
"By the way, is no one able to penetrate the truth that default really means not paying the interest on the debt, and we’re not going to do that?"
31 posted on 10/14/2013 12:22:06 PM PDT by Colonel_Flagg (My PV2 is my hero.)
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To: Colonel_Flagg; SoFloFreeper
"By the way, is no one able to penetrate the truth that default really means not paying the interest on the debt, and we’re not going to do that?"

Since journalism in this country is dead, it's a hard item to communicate.

32 posted on 10/14/2013 12:22:50 PM PDT by Colonel_Flagg (My PV2 is my hero.)
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To: Tailgunner Joe

We have debt that is owed mostly to domestic unions and pension funds. If America experiences a financial crisis of any significance it will be caused by liberals - plain and simple.


33 posted on 10/14/2013 12:24:17 PM PDT by Baynative (Give me coffee to change the things I can and wine to accept those that I can't.)
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To: Tailgunner Joe

ah shucks obama. we all know you and bernanke can just print up some more funny money and pay yourself.


34 posted on 10/14/2013 12:26:06 PM PDT by dadfly
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To: Tailgunner Joe

So the socialist is going to default. Shocking

US might as well declare bankruptcy.

There is your legacy Odingo.


35 posted on 10/14/2013 12:30:41 PM PDT by eyedigress ((zOld storm chaser from the west)/ ?s)
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To: Tailgunner Joe

Didnt Obama say he wouldnt compromise and accept his dog pile or else?


36 posted on 10/14/2013 12:32:50 PM PDT by sickoflibs (To GOP : Any path to US Citizenship IS putting them ahead in line. Stop lying about your position)
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To: Tailgunner Joe

Anyone think Boehner will convene impeachment hearings if Obama misses a payment?


37 posted on 10/14/2013 12:33:03 PM PDT by ReaganGeneration2
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To: Hotlanta Mike
Default is not possible if the country’s obligations are paid first...

I thought a lot wasn't possible before Obummer took office. He'll default the country ... he's playing for keeps ... death of the GOP, total control, ready to implement martial law if the natives get too restless. I have no doubt, after what he's done with the NPS, treatment of vets, etc. that he'll do whatever it takes .... and he's assured, based on what he's gotten away with so far, that no one will stop him. He could care less what the Constitution says or the so-called laws of the land that he ignores, flaunts, misuses. I heard a vet telling a DC cop that he's going to have to choose sides soon .... obey orders or stand with the people .... and the way things are going, it will be sooner rather than later. I do not recognize America any more.

38 posted on 10/14/2013 12:39:17 PM PDT by MissMagnolia (You see, truth always resides wherever brave men still have ammunition. I pick truth. (John Ransom))
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To: SoFloFreeper

We might default but it would reflect either the general incompetence of the Obama administration of the willful instruction by Obama. remember someone instructed the “essential” “barricade” people to put up a new barricade at the WWII Memorial first thing Monday morning


39 posted on 10/14/2013 12:39:34 PM PDT by kushnejz
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To: lodi90
Boehner needs to threaten impeachment. Nicely of course.

I've asked my congressman, who runs unopposed because his district is so conservative, if he will be initiating or supporting impeachment if the President defaults in direct violation of the Constitution. I asked politely, of course. I expect a non answer, of course.

40 posted on 10/14/2013 12:40:22 PM PDT by Pan_Yan
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To: ReaganGeneration2
Anyone think Boehner will convene impeachment hearings if Obama misses a payment?

No. They didn't the first 99 times he broke the law. Or every time since.

41 posted on 10/14/2013 12:42:19 PM PDT by Pan_Yan
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To: Tailgunner Joe

Nonsense. If we default, it’s because he’s choosing to. Just like he chose to close open-air monuments for no apparent logical reason.


42 posted on 10/14/2013 12:43:08 PM PDT by SandyInSeattle (The Cardinals chose wisely.)
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To: SoFloFreeper
By the way, is no one able to penetrate the truth that default really means not paying the interest on the debt, and we’re not going to do that?

What about the rest of the people we owe money too? The companies that sell the government fuel, food for the troops, munitions, toilet paper, rents building space, provides electricity and other utilities? If they have a contract to provide it and the government doesn't pay them then are you saying the government isn't in default? What about military pay and pensions? What if we don't pay those - default or no? Social Security and Medicare are non-discretionary expenses. Wouldn't failure to pay those be default?

43 posted on 10/14/2013 12:45:11 PM PDT by DoodleDawg
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To: Tailgunner Joe

Every television station is reporting that we will run out of money on Thursday.....why aren’t they saying that we run out of borrowed money on Thursday? Majority of street dummies don’t get it.


44 posted on 10/14/2013 12:45:20 PM PDT by sanjuanbob
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To: DoodleDawg

The way it has been ‘splained is that a technical default is the failure to pay interest on the debt.

that isn’t going to happen, unless the Clown chooses not to pay the interest.


45 posted on 10/14/2013 12:49:14 PM PDT by SoFloFreeper
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To: onyx

I was in the presence of a liberal yesterday and he asked me if I was one of those Tea Party people - I said yes and Ted Cruz would be president in 2016. He said that would be a disaster that Cruz is one of those very right wing crazy people.

I will not argue with these dead set liberals but he said he wants to talk to me again about politics. His father is a friend of mine and I was there to see him as he is very ill and will die soon. I may see this liberal again due to that. This liberal is smart and it’s hard for me to see how a smart person could be so screwed.


46 posted on 10/14/2013 12:52:06 PM PDT by Marcella ((Prepping can save your life today. I am a Christian, not a Muslim.))
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To: Tailgunner Joe
We'll just have see what Obama decides to spend taxpayer revenues on !!

It's not like there will not be money for the nation's interest on its debt, there's that and much, much more.

47 posted on 10/14/2013 12:53:28 PM PDT by TexasCajun (Creepy-Ass Cracka -- Don't Call Me Cracker)
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To: SoFloFreeper
The way it has been ‘splained is that a technical default is the failure to pay interest on the debt.

If I pay some of my bills but don't pay the others then I'm in default, no technicality about it.

Two thirds of the federal budget is non-discretionary, legislatively mandated spending. Interest on debt, believe it or not, is not in that category. The roughly $144 billion in Medicare and Social Security payments for the month will have to be paid before debt or military salaries or veteran pensions or any other defense spending. So even if your definition is correct, that doesn't mean that the money will be available to pay it.

48 posted on 10/14/2013 12:55:23 PM PDT by DoodleDawg
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To: Tailgunner Joe
What does Obama think is going to happen in a few years when the country is so broke we can't - CAN'T UNDER ANY CIRCUMSTANCES - pay our bills?

That's gonna happen if we spend like a drunken sailor... this is a dry run for the stuff that's going to happen because of irresponsible spending.

49 posted on 10/14/2013 12:55:32 PM PDT by GOPJ (Brieitbart sent me... Freeper newfreep)
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To: MissMagnolia

Apparently a thinning of the mob is required.


50 posted on 10/14/2013 12:56:56 PM PDT by Hotlanta Mike ("Governing a great nation is like cooking a small fish - too much handling will spoil it." Lao Tzu)
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