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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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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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