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If The GOP Forces The US To Default, Obama Should Raise The Debt Ceiling Himself
Business Insider ^ | 10-7-13 | Henry Blodget

Posted on 10/07/2013 7:37:07 AM PDT by sheikdetailfeather

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To: sheikdetailfeather
"Let them spend the 10 days between now and then howling and raging about how..."
"Let them roar about how..."
"Let them scream, as they have every day..."

Let me chuckle and snort at Blodget's freshman-level 'Daily Collegian' writing skills.
I'm not sure if "Henry Blodget" actaully exists, but this is a feminine writing style. (No offense, ladies.) Maybe the guy's a homo?

41 posted on 10/07/2013 8:15:15 AM PDT by Lancey Howard
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To: sheikdetailfeather

At which point the Federal Marshals should, if necessary, shoot it out with his SS security detail and drag Obama off to Federal Prison.


42 posted on 10/07/2013 8:17:40 AM PDT by Little Ray (How did I end up in this hand-basket, and why is it getting so hot?)
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To: 1010RD
HENRY PAULSON: Jamie Dimon Had 'Courage And Confidence' During The Financial Crisis

Not suggesting you go there. The title is a howler in itself. Dude got about 10 Get Out of Jail Free Cards for that cronyism. He may have used them all. Is Blythe Masters in Tora Bora?

43 posted on 10/07/2013 8:19:04 AM PDT by Stentor ("Liberalism seeks out the eccentric to justify control over the normal." nathanbedford)
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To: sheikdetailfeather

Fedzilla receives approximately $200 billion per month in revenues, far more than needed to meet our debt obligations.


44 posted on 10/07/2013 8:22:52 AM PDT by kevao (Biblical Jesus: Give your money to the poor. Socialist Jesus: Give your neighbor's money to the poor)
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To: cincinnati65

And who will stop him? Who will stop him for doing whatever he pleases as he has since he took office???


45 posted on 10/07/2013 8:23:42 AM PDT by ilovesarah2012
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To: Reagan Disciple

I am sure he is a liberal. Mark Levin predicted this.


46 posted on 10/07/2013 8:24:29 AM PDT by sheikdetailfeather (Yuri Bezmenov (KGB Defector) - "Kick The Communists Out of Your Govt. & Don't Accept Their Goodies.")
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To: 1010RD

This is to let people know what they are planning and have been all along.


47 posted on 10/07/2013 8:25:03 AM PDT by sheikdetailfeather (Yuri Bezmenov (KGB Defector) - "Kick The Communists Out of Your Govt. & Don't Accept Their Goodies.")
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To: Stentor

Chase immediately wrote off CRA loans.

It also has the deep pockets to do it.

Chase is and has cut staff and shifted a great number outside the US, where labor is cheap/cheaper.

Of course, Dimon’s courageous. HE’S NOT SUFFERING PERSONALLY.


48 posted on 10/07/2013 8:25:55 AM PDT by combat_boots (The Lion of Judah cometh. Hallelujah. Gloria Patri, Filio et Spiritui Sancto!)
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To: Gaffer

No he is not just a deomcrat he is a damn muzzie, communist, socialist, anarchist.

Business Insider is a damn liberal pulpit.


49 posted on 10/07/2013 8:29:11 AM PDT by Sequoyah101
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To: econjack

If one party doesn’t have full control of the government, they both get to extort each other for anything they want at any time. That’s how the constitution works. They can even extort each other for votes within their own party. See Cornhusker Kickback and Louisiana Purchase.


50 posted on 10/07/2013 8:31:01 AM PDT by JediJones (The #1 Must-see Filibuster of the Year: TEXAS TED AND THE CONSERVATIVE CRUZ-ADE)
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To: sheikdetailfeather
that our debt and deficits will soon obliterate us (never mind that the deficit is shrinking rapidly). And so on.
 

If in fact our deficit is shrinking rapidly, then why would it be necessary for Obastard to RAISE the debt ceiling?

You know what? The deficit IS shrinking rapidly. And has been for a week now. Ever since the government shutdown.

 

51 posted on 10/07/2013 8:42:55 AM PDT by Responsibility2nd (NO LIBS. This Means Liberals and (L)libertarians! Same Thing. NO LIBS!!)
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To: Gaffer

My guess is the Dems are getting some bad 2016 poll numbers and think they may lose the Senate. Here they are laying the groundwork to ignore Congress the next three years. The Dems are executing Plan B(arry) and the kenyan will use it if the Dems lose the Senate.


52 posted on 10/07/2013 8:49:05 AM PDT by lodi90
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To: Whenifhow
In short, he believes Obama is setting the stage to bypass Congress and unilaterally raise the debt ceiling all by himself.

Then Republicans should respond by immediately impeaching him. Immediately.

53 posted on 10/07/2013 9:27:42 AM PDT by Lou L (Health "insurance" is NOT the same as health "care")
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To: sheikdetailfeather

MUST READ: DEBT CEILING A DEMOCRAT RUSE

The debt ceiling propaganda is a radical ruse by obozo and his minions to try to force the Pubbies into a cave in on obozocare and push America that much further into the Marxist hellhole obozo promised his ignorant supporters in 2008!
Raising the debt ceiling WITHOUT reigning in SPENDING and telling those “non-essential” bureaucrats to get REAL jobs (if they can find them) is a recipe for the further destruction of what remains of America.
If he takes us into default, it will be because HE made the decision to do so.

FACT: We are nowhere near that even with a complete budget stall. The US takes in nearly $250 BILLION in tax revenues each month. This is more than 10 times what is needed to service the interest on the debt ($220BILLION/year).
What this shutdown does, however, is force Obama into a position where he would have to prioritize the spending for what is left. It would NOT be the total chaos being pushed by the Dems and their lapdog media.
If you want your country back, ignore these phony scare tactics.
PLEASE SHARE THIS WITH EVERYONE YOU KNOW. Don’t bother with the obozombies. They wouldn’t recognize a fact if it bit them on the ass.


54 posted on 10/07/2013 9:30:10 AM PDT by Dick Bachert (Ignorance is not bliss. It is the road to serfdom.)
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To: Dick Bachert

Thanks!

White House takes tough line on default threat

Sperling fears ‘precedent’ for future fights

http://www.washingtontimes.com/news/2013/oct/7/white-house-takes-tough-line-default-threat/


55 posted on 10/07/2013 9:36:55 AM PDT by sheikdetailfeather (Yuri Bezmenov (KGB Defector) - "Kick The Communists Out of Your Govt. & Don't Accept Their Goodies.")
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To: sheikdetailfeather

I suppose it’s not surprising this writer should suggest that the Bamster crown himself king of America and assume the powers of a coequal branch of government.
http://en.wikipedia.org/wiki/Henry_Blodget

Fraud allegation and settlement[edit]

In 2002, then New York State Attorney General Eliot Spitzer published Merrill Lynch e-mails in which Blodget gave assessments about stocks which allegedly conflicted with what was publicly published.[5] In 2003, he was charged with civil securities fraud by the U.S. Securities and Exchange Commission.[6] He agreed to a permanent ban from the securities industry and paid a $2 million fine plus a $2 million disgorgement.[7]

ad hominem? No. It goes towards his veracity.


56 posted on 10/07/2013 10:21:34 AM PDT by tumblindice (America's founding fathers: All armed conservatives.)
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To: sheikdetailfeather

Coburn Dispels Media Myth-We Won’t Default If We Don’t Raise The Debt Ceiling

http://therightscoop.com/corburn-dispels-media-myth-we-wont-default-if-we-dont-raise-the-debt-ceiling/


57 posted on 10/07/2013 10:26:48 AM PDT by sheikdetailfeather (Yuri Bezmenov (KGB Defector) - "Kick The Communists Out of Your Govt. & Don't Accept Their Goodies.")
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To: sheikdetailfeather

The next step, for a Fascist, would be to discover a ‘plot’ by conservatives and declare Martial Law.

The Dim’s would have their One Party Rule, and quickly ‘do away with’ the opposition.

This way, Obama could ensure his further terms in office as the Tyrant-In-Chief.


58 posted on 10/07/2013 10:50:59 AM PDT by LucianOfSamasota (Tanstaafl - its not just for breakfast anymore...)
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To: sheikdetailfeather

I also knew I did not like Business Insider reporting.

Now I know EXACTLY why - it’ chief editor.


59 posted on 10/07/2013 11:56:56 AM PDT by Wuli
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To: sheikdetailfeather

Obama has no Constitutional power to raise the debt ceiling himself


60 posted on 10/07/2013 11:58:59 AM PDT by GeronL
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