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To: St_Thomas_Aquinas

“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.”
************

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.


276 posted on 10/08/2013 11:38:21 AM PDT by Whenifhow
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To: Whenifhow

If the money isn’t there, payments should be fractional across the board.


288 posted on 10/08/2013 11:40:26 AM PDT by nascarnation (Frequently wrong but rarely in doubt....)
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To: Whenifhow

That is the plan, he wants a disaster for a variety of reasons.


290 posted on 10/08/2013 11:40:34 AM PDT by seeker41 (take your country back by whatever means necessary)
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To: Whenifhow
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.

Bring it on you useless commie. This will finally split the Democraps.

292 posted on 10/08/2013 11:40:50 AM PDT by St_Thomas_Aquinas ( Isaiah 22:22, Matthew 16:19, Revelation 3:7)
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To: Whenifhow

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.


319 posted on 10/08/2013 11:45:12 AM PDT by EBH ( The Day of the Patriot has arrived.)
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