How to accelerate the US decline
Posted: Thu, 06 Dec 2012 13:08:18
President Obama on Wednesday told a business group that allowing Republicans to use the debt-limit vote as leverage "is not a game that I will play."
"We can't afford to go there again," Obama said, warning that it is "a weapon" that just damages the U.S. credit rating.
On Tuesday, White House Press Secretary Jay Carney said the debt ceiling should in some way be part of the deal.
"We can't have that kind of nonsense anymore," he said, referring to the 2011 debt-ceiling fight.
-----------------------------------------------------------------------------------------------------
Yep, just give the President the power to raise the debt limit whenever he wants with no oversight or debate (all that "nonsense").......sounds like a great way to quicken our demise when the rest of the world realizes how out of control the debt is and stop buying it.
"We can't afford to go there again," Obama said, warning that it is "a weapon" that just damages the U.S. credit rating.
On Tuesday, White House Press Secretary Jay Carney said the debt ceiling should in some way be part of the deal.
"We can't have that kind of nonsense anymore," he said, referring to the 2011 debt-ceiling fight.
-----------------------------------------------------------------------------------------------------
Yep, just give the President the power to raise the debt limit whenever he wants with no oversight or debate (all that "nonsense").......sounds like a great way to quicken our demise when the rest of the world realizes how out of control the debt is and stop buying it.