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WH's Pfeiffer: Not Raising Debt Ceiling "Could Potentially Put Us Towards A Depression" (OH NOES!!!)
Real Clear Politics ^ | 7/26/11

Posted on 07/26/2011 8:10:03 AM PDT by markomalley

WH Communications Director Dan Pfeiffer: "We are seven days away from an unprecedented financial event in this country's history. One that could potentially put us towards a depression because the House Republicans, led by Speaker Boehner, are unwilling to compromise one inch."

Pfeiffer spoke to CBS News Radio on Tuesday morning.

(video at link)

(Excerpt) Read more at realclearpolitics.com ...


TOPICS: Business/Economy; Extended News; Government
KEYWORDS: bhoeconomy; danpfeiffer; debtceiling; democrats; economy; liberalfascism; obama; obamadepression; pfeiffer; whitehut
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Let's ratchet up the fear factor, shall we??
1 posted on 07/26/2011 8:10:06 AM PDT by markomalley
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To: markomalley

Oh they are in full propaganda mode. Heard this AM that the gang of 6 have devised a plan to revise the COLA process in Social Security Benes. This plan would reduce payments by 3% and in future by 6%. Frankly I believe this one, since Zero stopped COLA payments for 2 years by “reworking” the inflation rate.


2 posted on 07/26/2011 8:13:35 AM PDT by Marty62 (Marty60)
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To: markomalley
So, what happens if Obama digs his heels in and veto's what appears to be a reasonable bill passed by Congress - probably can't over-ride the veto.
What do you think the response from Americans would be - would they buy into the lie that it's Congress, not Obama, or do you htink the jig would be up? (no pun intended).
3 posted on 07/26/2011 8:14:16 AM PDT by Psalm 73 ("Gentlemen, you can't fight in here - this is the War Room".)
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To: markomalley

Everybody panic!

What a ridiculous boob he is.


4 posted on 07/26/2011 8:14:23 AM PDT by the lone haranguer (All civilized men love peace, but all truly civilized men must despise pacifism.)
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To: markomalley
Yep, they just keep upping the ante every day, don't they?

BTW, whatever happened to that Asian meltdown that was supposed to happen on Sunday?

5 posted on 07/26/2011 8:14:43 AM PDT by truthkeeper (Vote Against Barack Obama in 2012!)
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To: markomalley

The debt ceiling was set by law in 2010. To the anti-American democrats, having to follow THE LAW is depressing. I sincerely hope the debt ceiling is not raised. It is the only way to force republicrats to live within the budgetary boundaries. Once they see they must not go outside of the 2010 established LAW, maybe, just maybe, we the people can force the lying scum to start cutting government and government spending, to achieve an actual balanced budget, not a faux balance which requires borrowing our nation into debtor’s hell.


6 posted on 07/26/2011 8:15:19 AM PDT by MHGinTN (Some, believing they can't be deceived, it's nigh impossible to convince them when they're deceived.)
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To: Psalm 73

Pray earnestly that no bill passes. The law of debt ceiling should be followed, for once int heir criminal lives.


7 posted on 07/26/2011 8:16:41 AM PDT by MHGinTN (Some, believing they can't be deceived, it's nigh impossible to convince them when they're deceived.)
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To: markomalley

Didn’t anyone ever read “The Boy Who Cried Wolf?” to these guys. Maybe Boehner can sit them down with some milk and cookies and do the honors.


8 posted on 07/26/2011 8:17:42 AM PDT by marstegreg
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To: markomalley
"We are seven days away from an unprecedented financial event in this country's history. One that could potentially put us towards a depression because the House Republicans, led by Speaker Boehner, are unwilling to compromise one inch."

He may be right about the catastrophic event, he is just wrong about who is responsible. The real answer is that Obummer started this the first day in office.


9 posted on 07/26/2011 8:18:44 AM PDT by Lazlo in PA (Now living in a newly minted Red State.)
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To: markomalley

Henny penny the sky is falling!!!!

We are now in full Liberal clinical hysteria mode....

They are not happy if they aren’t rolling on the floor, chewing the carpet!!!


10 posted on 07/26/2011 8:19:27 AM PDT by SMARTY (A claim for equality of material position can be met only by a government with totalitarian powers.)
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To: markomalley

What’s worse, no increase and a “potential depression” or an increase and a continued depression.


11 posted on 07/26/2011 8:20:02 AM PDT by wilco200 (11/4/08 - The Day America Jumped the Shark)
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To: marstegreg
Didn’t anyone ever read “The Boy Who Cried Wolf?” to these guys.

Every day I think of this. When do you think everyone will finally figure it out and ignore the rambling of Mr. Dithers and his useless media idiots?

12 posted on 07/26/2011 8:21:06 AM PDT by truthkeeper (Vote Against Barack Obama in 2012!)
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To: MHGinTN

Two years ago I pledged to myself to never again use my charge card. I have not used it. It has been difficult.

Also, and this was difficult as well... as the time has gone by, I have been quadrupling my payments and the thing is paid OFF. It didn’t leave a lot for discretionary spending, but then I was on a mission!!!

Now, no more charge card statement, YIPEE!!!! Never felt so good!

Why can’t these bonehead politicians do the same?? It’s not the end of the world.


13 posted on 07/26/2011 8:24:25 AM PDT by SMARTY (A claim for equality of material position can be met only by a government with totalitarian powers.)
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To: markomalley

Henny penny the sky is falling!!!!

We are now in full Liberal clinical hysteria mode....

They are not happy if they aren’t rolling on the floor, chewing the carpet!!!


14 posted on 07/26/2011 8:25:28 AM PDT by SMARTY (A claim for equality of material position can be met only by a government with totalitarian powers.)
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To: markomalley

We’re already in Obama’s Depression.

He’d have to say “more of a Depression”.


15 posted on 07/26/2011 8:27:26 AM PDT by PBRSTREETGANG
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To: markomalley

...and, according to the White House, if we didn't pass stimulus ...unemployment would be at 8% right now. (have they ever been right?)

16 posted on 07/26/2011 8:27:53 AM PDT by BookmanTheJanitor
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To: markomalley

Another self-fulfilling prophecy. They are trying to talk u into a depression. Either that or they know it is coming anyway and are trying to set the gop up for the blame.


17 posted on 07/26/2011 8:29:16 AM PDT by Brilliant
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To: wilco200
What’s worse, no increase and a “potential depression” or an increase and a continued depression.

Nice.

18 posted on 07/26/2011 8:30:40 AM PDT by Principled
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To: markomalley

Fine, Let the Government shut down, 85~90% of it is useless and beyond the Constitution!

Powers of Congress!
http://www.usconstitution.net/const.html#A1Sec8

10 Amendment!
http://www.usconstitution.net/const.html#Am10


19 posted on 07/26/2011 8:32:38 AM PDT by jafojeffsurf (Return to the Constitution)
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To: All

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20 posted on 07/26/2011 8:39:35 AM PDT by DeoVindiceSicSemperTyrannis (Want to make $$$? It's easy! Use FR as a platform to pimp your blog for hits!!!)
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