“Would you pay bond-holders first, SS recipients, or the military?”
“I’m hopeful that Congress doesn’t put us in that position.”
Translation: “I’d love to cut SS and the military. I can’t wait to blame the Republicans. I’m giddy with excitement.”
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He is messaging that he does not plan to prioritize the paying of US obligations.. which lies in his hands.
Jack Lew said the same on Fox News Sunday. Obama has no intention of prioritizing the obligations.
That is what he will do - imho - he wants the country to go into economic collapse.
If the money isn’t there, payments should be fractional across the board.
That is the plan, he wants a disaster for a variety of reasons.
Bring it on you useless commie. This will finally split the Democraps.
I was listening to the radio this morning and they had a finance guy on talking about the debt ceiling/default. Now, the station is a fairly conservative type talk radio AM station, Beck in the mornings and Limbaugh in the afternoon, and local Frantz in the evenings if there are no sports.
The finance guy said if we default, even for just 2 days, the impact will be worse than 2008. He explained that this is because the bonds become worthless paper.