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EXCLUSIVE: Secret Fed Docs Show Obama Misled Congress, Public During Debt Limit Crises
The Daily Caller ^ | 1/31/16 | Richard Pollock

Posted on 01/31/2016 6:45:38 PM PST by SoFloFreeper

Federal Reserve Bank of New York officials secretly conducted real-time exercises during the 2011 and 2013 debt-limit crisis that demonstrated the federal government could function during a temporary shutdown by prioritizing spending, even as Treasury Secretary Jack Lew publicly claimed many times that such efforts were "unworkable," according to a new report by the House Financial Services Committee obtained by The Daily Caller News Foundation.

The staff report, to be released Tuesday, charges that Lew and other Obama administration officials deliberately misled Congress and the public during the federal budget and debt limit showdowns in both years. The committee will convene a public hearing on the report Feb. 2.

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


TOPICS: Government; News/Current Events; Politics/Elections
KEYWORDS: debt; debtlimitcrisis; fed; jacklew; liar; obamacult; obamalies
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Lying sacks.
1 posted on 01/31/2016 6:45:38 PM PST by SoFloFreeper
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To: SoFloFreeper

ah, that was when he was telling us we would die of starvation and planes would fall out of the sky.


2 posted on 01/31/2016 6:47:53 PM PST by JohnBrowdie (http://forum.stink-eye.net)
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To: SoFloFreeper

Were these merely studies or actual events outside the charter of the Federal reserve?


3 posted on 01/31/2016 6:48:19 PM PST by CMB_polarization
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To: SoFloFreeper

Obama lied? Surely you jest.


4 posted on 01/31/2016 6:48:37 PM PST by rdl6989
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To: SoFloFreeper

Well Obama never told us his real name


5 posted on 01/31/2016 6:50:27 PM PST by butlerweave
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To: SoFloFreeper

And?


6 posted on 01/31/2016 6:50:45 PM PST by MNGal
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To: butlerweave

BINGO +1


7 posted on 01/31/2016 6:52:11 PM PST by mcshot (The "Greatest Generation" would never have allowed the trashing of our Republic.)
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To: rdl6989

And the Fed gladly joined in the skulduggery? Wow!


8 posted on 01/31/2016 6:52:30 PM PST by relictele (Principiis obsta & Finem respice - Resist The Beginnings & Consider The Ends)
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To: SoFloFreeper

“What difference does it make now?”


9 posted on 01/31/2016 6:55:16 PM PST by mosaicwolf (Strength and Honor)
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To: SoFloFreeper

Bush made him do it. Not Bam Bam’s fault.


10 posted on 01/31/2016 6:59:50 PM PST by Gene Eric (Don't be a statist!)
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To: SoFloFreeper

It really doesn’t take secret Fed documents to know that Obama lied. As the cliche has it, watch his purple lips.


11 posted on 01/31/2016 7:00:00 PM PST by odawg
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12 posted on 01/31/2016 7:00:23 PM PST by DoughtyOne (the Free Republic Caucus: what FReepers are thinking, 100s or 1000s of them. It's up to you.)
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To: SoFloFreeper

Congressional Republicans Outrage. GOP Planning Major Reprisals!

Haaaaaaaaaaaa!


13 posted on 01/31/2016 7:06:29 PM PST by Eddie01 (If you burnin' bandwidth with your mind, find time to pay the organ grind - Donate to FreeRepublc)
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To: SoFloFreeper

Of course he LIEd!

Ophonybama is a LIEberal!

LIEberals LIE!


14 posted on 01/31/2016 7:06:30 PM PST by Taxman (H. L. Mencken correctly observed: Government is actually the worst failure of civilized man.)
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To: SoFloFreeper

Marxist’s lie. We should be used to it but now.


15 posted on 01/31/2016 7:07:30 PM PST by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
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To: UCANSEE2

How ‘bout this?

As you just mentioned...


16 posted on 01/31/2016 7:11:54 PM PST by LucyT
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To: SoFloFreeper

As Mrs. Clinton said “What difference at this point does it make” Nothing happens to any of these darn politicians nothing except dying of old age and getting filthy rich.


17 posted on 01/31/2016 7:16:16 PM PST by funfan
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To: SoFloFreeper

So people COULD have visited the various monuments on the Mall after all, huh?

(Well, aside from them being guarded....)


18 posted on 01/31/2016 7:22:58 PM PST by Rurudyne (Standup Philosopher)
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To: SoFloFreeper
do I really have to say it???

19 posted on 01/31/2016 7:30:12 PM PST by Chode (Stand UP and Be Counted, or line up and be numbered - *DTOM* -w- NO Pity for the LAZY - Luke, 22:36)
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To: JohnBrowdie

ah, that was when he was telling us we would die of starvation and planes would fall out of the sky.


And it was when the kenyan was saying our Reps (the GOP) were going to make him choose between sick kids & poor kids. Them’s fightin’ words but The Drunk is such a cuckold he never said a word about it.


20 posted on 01/31/2016 7:32:04 PM PST by lodi90 (TRUMP Force 1 lifting off)
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