Papa Obama's personal political agenda is spooking the markets

[Neotrotsky]

Papa Obama's personal political agenda is spooking the markets


Opening

-72.96 (-0.58%)
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Obama refuse a bipartisan deal on the debt ceiling? For shame putting the US at Risk

HotAir:

If this is true, then Barack Obama just took full and complete ownership of the debt-ceiling crisis and whatever ensues:

A Republican aide e-mails me: “The Speaker, Sen. Reid and Sen. McConnell all agreed on the general framework of a two-part plan. A short-term increase (with cuts greater than the increase), combined with a committee to find long-term savings before the rest of the increase would be considered. Sen. Reid took the bipartisan plan to the White House and the President said no.”
​

Jen Rubin writes that “the President is playing with fire”
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White House stokes debt-ceiling crisis

 

[Truthmatters]

So the fact that the republican party is willing to play games with the full faith and credit of the US by swinging the threat of not raising the debt limit like an axe has no effect huh?

Now tell me what will happen if we dont raise the debt limit?

 

[WillowTree]

So the fact that the republican party is willing to play games with the full faith and credit of the US by swinging the threat of not raising the debt limit like an axe has no effect huh?

Now tell me what will happen if we dont raise the debt limit?

do you think the "full faith and credit" of the US is in jeopardy with unfettered spending?

 

[8537]

First you start a thread claiming that Obama will sign any debt deal that comes to his desk...

Then you start a thread claiming his opposition to a debt deal is sparking the markets?

logical inconsistencies are usually a bit more well hidden.

 

[Neotrotsky]

Exactly

His petty politics and games are hurting the US people

To be fair,

So we don't know what game is playing now, for sure

He does have a lot on his mind
no golf all month
His big expensive birthday party is coming up right around the time we might crash
His vacation, you know the one that 60% of Americans are cutting back on
because if his failing economic policies


So give the guy a break

 

[Neotrotsky]

So the fact that the republican party is willing to play games with the full faith and credit of the US by swinging the threat of not raising the debt limit like an axe has no effect huh?

Now tell me what will happen if we dont raise the debt limit?

What part of bipartisan to raise the debt ceiling is hard for you to understand?

 

[B. Kidd]

A market opening of -100 is still a good sign that the real panic selling did not begin today. Geithner indicated yesterday that a major sell off might occur when the market opened today. Didn't happen. But what do you expect from a guy of his stature that tries to save a few bucks by not hiring a CPA to do his taxes and instead screws his own taxes up using TurboTax. What a jamoke!