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Obama To Address Nation At 11:00 AM, Announcing Lack Of Agreement On Debt Ceiling...
Zero Hedge ^
| 07/10/2011
| Tyler Durden
Posted on 07/10/2011 6:09:09 PM PDT by The Magical Mischief Tour
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To: freedom1st
The shut down under Clinton didn’t have anything to do with the debt limit, it was a budgetary matter. There were several increases under Bush, so I am sure we will get one here. We just don’t know what the terms are. Somebody is gonna blink. We just don’t know who yet.
To: The Magical Mischief Tour
Doesn’t he ever shut his stupid trap?
62
posted on
07/10/2011 6:47:43 PM PDT
by
livius
To: combat_boots
What do they call that? Numerology or something? Wasnt it somebody who said that the number 11 is somehow important and that it represents....
63
posted on
07/10/2011 6:52:11 PM PDT
by
crz
To: livius
No, he never shuts up and the next 3 weeks are going to be the worst yet.
64
posted on
07/10/2011 6:53:36 PM PDT
by
mwl8787
To: All
The GOP needs to break it down in simple terms people can understand. There is no need to default. Its all a gimmick.
If you make $3000 a month and spend $1000 a month on your house payment and 5,000 a month for entertainment....why would you stop making house payments when you can’t borrow anymore? STOP THE OTHER SPENDING!!!
65
posted on
07/10/2011 6:53:41 PM PDT
by
icwhatudo
("laws requiring compulsory abortion could be sustained under the constitution"-Obama official)
To: The Magical Mischief Tour
“That's when the nation would begin to default on its debts, administration officials say”
That is BS!
They can pay the debts but they just want to demagogue it to death because they want their bennies for wealth distribution to their constituents.
66
posted on
07/10/2011 6:54:08 PM PDT
by
kcvl
To: combat_boots
Barry was born on August 4th. :)
67
posted on
07/10/2011 6:54:28 PM PDT
by
Miss Didi
("After all...tomorrow is another day." Scarlett O'Hara, Gone with the Wind)
To: hal ogen
Why don't they give this marxist pretender freak, nobama, his own network? CNN's not enough?
68
posted on
07/10/2011 6:55:04 PM PDT
by
OrangeHoof
(Obama: The Dr. Kevorkian of the American economy.)
To: The Magical Mischief Tour
They could cut federal spending by 20% tomorrow morning and nobody would know the difference. That would save at least $700 billion this year.
69
posted on
07/10/2011 6:58:43 PM PDT
by
Deo volente
(God willing, America will survive this Obamination.)
To: icwhatudo
Correct. Most analysts believe that, at the 11th hour, if the GOP holds firm, BO will fold like a cheap suit. He cannot afford to rattle the markets, which could trigger a double dip. Further, he cannot withhold SS checks, because too many seniors will be told the truth - that the govt has plenty of money to meet this obligation.
BO cannot afford the high stakes of a default or SS games. He will lose in either approach. All Boehner has to do is stick with the dollar-to-dollar commitment and demand front-loaded spending cuts - at least $500 billion in FY 12 alone.
70
posted on
07/10/2011 6:59:11 PM PDT
by
mwl8787
To: Miss Didi
"What parts of the Nation are home watching TV at 11 AM on a Monday morning?
Folks home watching the hens on The View?"
No, Social Security recipients.
And Obama will be able to pull off 20% of the conservative base by promising to not sign any deal that cuts Social Security and Medicare. And, truthfully accusing Republicans of wanting to cut them both.
No Federal politician would be willing or able to withstand that heat.
They would prefer hyper-inflation and/or Sovereign Default 5-10 years down the road to that.
And, that's the very sad state of our nation.
We cannot survive without cutting Social Security, Medicare and Medicaid.
71
posted on
07/10/2011 6:59:47 PM PDT
by
Mariner
(War Criminal #18)
To: mwl8787
Agree that we need to educate friends/family. I wish there was a quick paragraph to copy/paste explaining this in simple terms. A few links to verify the info in said email would be helpful, too.
If anyone has access to such info, it would be much appreciated.
Time is of the essence.
72
posted on
07/10/2011 7:00:28 PM PDT
by
Jane Long
(2 Chron 7:14)
To: Mariner
The GOP already took SS and Medicare off the table on Saturday night. It was a tax increase trap that thus far has failed. That is why BO is panicking.
73
posted on
07/10/2011 7:03:43 PM PDT
by
mwl8787
To: Miss Didi
Sorry. I’ve gotten it in my mind that 0bama is tied in with the number 11. His supposed birthday numbers adding up to that ‘n all.
74
posted on
07/10/2011 7:05:16 PM PDT
by
combat_boots
(The Lion of Judah cometh. Hallelujah. Gloria Patri, Filio et Spiritui Sancto.)
To: The Magical Mischief Tour
Every time the press breathlessly reports another meaningless boring speech by “The One” it reminds me of something that happened just before the 1992 presidential election. I don't really know why it stuck in my mind, but it did. Although CNN was around back then, those were the days before there were so many 24-7 cable channels and ABC, CBS, and NBC would pre-empt their regular programming for a speech from the POTUS. President George H. W. Bush, who did not give half as many news conferences as Obama, was scheduled to give one that the major networks chose not to air because “nothing new was going to be covered”. I remember thinking that was an insult to the office of the POTUS and that the MSM had chosen not to cover it because they did not want to do anything to help GHW Bush defeat their chosen candidate Bill Clinton.
75
posted on
07/10/2011 7:06:42 PM PDT
by
srmorton
(Deut. 30 19: "..I have set before you life and death, blessing and cursing;therefore choose life..")
To: calex59
He will spread the blame everywhere but the White House.
76
posted on
07/10/2011 7:08:46 PM PDT
by
Venturer
To: mwl8787
It’s my understanding that if no credit lift, spending in absolute terms will drop 66% . Can you imagine?? A 66% drop in spending
77
posted on
07/10/2011 7:08:52 PM PDT
by
Manta
(Obama to issue executive order repealing laws of physics)
To: The Magical Mischief Tour
The DUmmies seem very unhappy with their Dear Leader
To: The Magical Mischief Tour
Obama will hold a news conference at 11 a.m. EDT (1500 GMT) on Monday about the status of negotiations to cut the deficit and raise the debt ceiling, the White House said on Sunday But...but...but....won't that interrupt "The View"?
79
posted on
07/10/2011 7:10:28 PM PDT
by
massmike
(Massachusetts:Stopped hanging witches;started electing Kennedys.Coincidence?)
To: crz
80
posted on
07/10/2011 7:11:26 PM PDT
by
combat_boots
(The Lion of Judah cometh. Hallelujah. Gloria Patri, Filio et Spiritui Sancto.)
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