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To: kabar
He is committed to breaking the GOP by turning down every deal except complete surrender even if it means we have "default."

The only way the USA defaults on it's debt contracts is when clown refuses to make the interest payments. We take in about $200 BILLION a month and the interest payments are about 1/10th of that. THE US CONSITUTION REQUIRES HIM TO PAY THESE OBLIGATIONS FIRST.

Anyone remember what happened to GM and Chrysler BOND holders? Clown wants to make sure the EBT cards are filled in advance of paying debt to China of us older folks who own US Gov debt obligations.

Clown is itching for CW2 - every move confirms this opinion.


65 posted on 10/13/2013 7:34:18 AM PDT by Cheerio (Barry Hussein Soetoro-0bama=The Complete Destruction of American Capitalism)
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To: Cheerio

Understand, which is why I put “default” in quotes. You can bet that even if Obama pays the bond holders first, he will make the other cuts as painful to as many people as possible. The technical issue of a default will be lost for most voters.


74 posted on 10/13/2013 7:44:00 AM PDT by kabar
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