“Word is that he said Why not? It’s not worth the paper it’s written on. “
Exactly. That’s why Obama seriously wants the debt limit permanently eliminated—so he can just keep taking on more and more debt to maintain his political power, realizing that none of it will matter, anyway. As states and union pensions increasingly need to be bailed out, Obama’s federal government will just keep doing it using Monopoly money until it all collapses. By then, his dictator powers will be more fully established, and he will just declare martial law during his third or fourth term. The main hurdle to all this is the fact that the Bamster is basically lazy, and it takes work to set up a good dictatorship.
I’m not a conspiracy theorist the far left said the same thing. Bush/Cheney will never cede control they’ll be in office forever.
It doesn’t work that way in 4 years Obama will step down ....with over 20 trillion in debt and a struggling economy. I can’t see the future but if I had to guess he will be remembered as the president who presided over a lost decade.