Posted on 07/11/2011 12:43:14 PM PDT by Vintage Freeper
WASHINGTON (Reuters) - President Barack Obama on Monday increased pressure on Republican lawmakers to make concessions for a deal to avoid an August 2 debt default and said both sides must "pull off the Band-aid" and make sacrifices.
"If not now, when?" Obama said.
(Excerpt) Read more at finance.yahoo.com ...
The pressure is on Obama. If republicans stand firm, he loses even more ground and his fund raising will slow (except from the middle east, of course).
I love it! What idiot at the whitehouse speechwriters rubber room pated that jewel onto Bammy's teleprompter?
100% accurate assessment of the media.
I don’t think indys buy it anymore.
So that puts both Obama and Boehner in no win situations?
Bwahahaha...Bammy OWNES the Pea Bagger’s!!!
If Republicans in Congress weren’t working for so many socialists with local government incomes, the “pressure” would be on Democrats. Congress could pass a deal with no tax hikes, no “fee” hikes, no repeal of tax cuts (or any other dirty tax/propaganda tricks) and no debt ceiling hike. ...spending cuts only. Democrats would then be under “pressure” to avoid a veto.
But then Republicans serve federally funded, local teachers, social workers, police, regulators, administrators, services, all—hordes.
Cannot spell today :(
No, I think Boehner has a winning situation. He holds the line. Yes, that might end in default, but Boehner won’t get the blame.
That’s sort of how I see it.
What Boehner needs to understand now is that if he caves, then he is HISTORY HISTORY HISTORY.
(and he wouldn’t be history in the sense that he knowingly sacrificed his position for the good of the country...he would be history and he would hurt the country if he caved....)
You are correct.
Boehner wins if he holds.
Zero loses no matter what.
I am not politically knowlegeable enough to know, but I certainly hope your analysis is sound. My guess is that this is mostly a dog and pony show for the benefit of both parties' constituencies and that they will find a last minute deal that allows both sides to claim victory and kick the can down the road for another time.
The telling feature of such a deal will be how far into the future they set the stage for the next stand-off on this issue, specifically before or after the 2012 election. If they only give Obama and the Democrats enough rope to get through the second quarter of next year, the Democrats and Obama might just end up being hanged by that short rope.
;>]
Thanks sickoflibs.
The key thing to me is that the media and even many in the GOP have bought in 100% to the idea that if it’s not raised by Aug 2 there will be a default.
Simply not true. There is plenty of money to pay the debt service and other obligations even if it’s not passed. Plenty of money to still take care of a number of priorities. Now, certain areas will be in trouble. But there won’t be any default. There won’t be any catastrophe.
But for some reason taht message isn’t getting out. Even O’Reilly has bought into it. Tonight when Bachmann tried to explain it to him he was like “So you’re saying Geithner is lying?” and “if you’re right, how come Boehner and McConnell are calling for a deal?”
Yes, Geithner is lying and I have no idea why Boehner and McConnell are pressing for a deal.
The good way to look at it is that they both know there won’t be a default so they’re holding out for as good a deal on spending cuts as they can get all the while knowing they have nothing to lose.
But the GOP needs to find a way to get the point that there won’t be a default across to 100% of the public.
Can Boehner ask for 5 minutes from the networks for a natl tv address?
The WH is full of it, and the media is protecting them.
Reminds me of the BC issue. For years the WH and the media said they couldn’t release the long from, even if they wanted to. That it was unavailable and illegal to do so. That was the official media line. All of a sudden when they felt like it they were able to release it within minutes. It was there the entire time.
Same thing here. There won’t be any default. Everyone knows it.
Standard procedure. Both sides are spinning the story their way to the max.
The question that has occurred to me concerns the rumors of Geithner departing from the administration. If Geithner jumps ship, is that an indirect confirmation that things could be far worse than they seem?
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