This is a load of bull. If the debt limit is reached, there is plenty of cash received available to make interest payments and NOT default.
The only reason a default happens is because dear leader CHOOSES to default.
If Obama chooses to default and if said default does cause a Great Depression by itself, I just hope that the conservatives and their leaders can show to the public than Obama is wholly responsible for it.
One cannot rule out incompetence on the part of the president.
The only reason a default happens is because dear leader CHOOSES to default.>>>>>>>>>>>>>>>>>>
Dear leader wants to destroy the United States of America.
According to him, the nation’s wealth was achieved on the backs of exploited and enslaved minorities. Dear leader considers himself historical justice on the hoof. This is the ideology of Rev. Wright. This is the method of Saul Alinsky and his theory on creating revolution to snatch
freedom away from the People.
Boehner is quite right to make a stand. And because he did so, we see the ugly tyranny of the Obama administration and its hell for leather ride towards a totalitarian state.
Obama must be impeached or removed. We have a budding , twisted scion of people like Adolf, Benito and Nicholas ( Ceaucescu) esconced in the White House.Now Obama is making his move to totally subjugate a free nation by usurping the financial role of Congress.
We are on the verge of becoming the United States of Zimbabwe, with a far worse, much more desperate dictator than Mugabe at the helm.
This is a good read here about the fall of our nation:
http://www.americanthinker.com/2009/05/barack_obama_the_quintessentia_1.html)
There already seems to be a meme along the lines of, will we choose to pay foreign investors over our seniors, veterans, etc.?
So don’t assume automatically that our government won’t choose to default.
couldn’t have said it better...this is just more disinformation to scare the masses and the markets