Posted on 07/14/2011 1:00:18 AM PDT by Recovering_Democrat
Bloomberg: link only! http://www.bloomberg.com/news/2011-07-14/obama-said-to-consider-camp-david-summit-this-weekend-for-deficit-talks.html
"Federal Reserve Chairman Ben S. Bernanke told the House Financial Services Committee yesterday that failure to raise the debt limit would lead to a “huge financial calamity” that could add to unemployment. Unless the debt ceiling is raised, he said, the economy could be in greater peril than when Lehman Brothers Holdings Inc. went bankrupt in September 2008."
I'll take fearmongering for $400, Alex.
Don’t go, Obamessiah just wants to USE you!!!
Stagecraft.
So, we have to go further into debt in order to keep from going bankrupt? Or are we going further into debt in order to keep from paying our debt?
I smell bill clinton.
There goes a herd of Wagyu cattle and a school of lobsters.
“So, we have to go further into debt in order to keep from going bankrupt? Or are we going further into debt in order to keep from paying our debt?”
+1 that is sig worthy, you captured my p.o.v. perfectly.
Someone please remind Obama that Congress is a co-equal branch of government.
He may extend an invitation but he has no authority to summon anyone anywhere.
You don’t walk out of a meeting and then “summon” the people you walked out on to another meeting. Boehner and the GOP in the House should tell Obozo “Hey, you walked out on us. You want to talk some more, we’ll open Room 6C in the House. Let us know when you get there and we’ll mosey on over when we get a few minutes.”
“he said, the economy ..”
Whose economy? The ones that shoved Vampire-Care down our throats perhaps?
Yawn...
And isn’t that the way you handle your finances? /s lol
“He may extend an invitation but he has no authority to summon anyone anywhere.”
Another pr. move “Camp David” to impress.
Let’s see if the Racketeers from both sides 1. show up, 2. try to make a big show out of this, like they did the conference for Vampire-Care. You know..”Working for the American people.”
You’ve got their number. If they show up then we know the fix is in.
Don’t Go.
This is another attempt to completely control the dispersal of information. He gets those two chumps up there and that will be the end, he wins.
MAKE HIM PUT HIS PROPOSALS IN THE PRESS, this shadow boxing he said this and they said that is BS. This is supposed to be an open government. Not only don’t we have budget hearings any more, we now have budget by fiat.
Told my wife today that if our business was broke and deeply indebt we just need to raise our debt limit and we’ll be OK.
She is not financial or political and just looked at me and said “WTF are you talking about. That makes no sense.”
Even those who pay no attention cannot wrap their heads around what the O-scamster is up to.
Gee, I thought the Obamas were allergic to Camp David! An already paid vacation retreat for the family hasn’t been good enough during this recession. I figured he would ‘summon’ them to an expensive hotel in France or something.
I’m a financial idiot. I pay my credit card bills in full each month. I should be maxing them all out and asking them for higher limits. Then max them out again. Rinse, repeat and before you know it I’ll be as rich as Bill Gates.
Tell him where to put [shove] his summons.
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