If the President is obligated to obey the 14th amendment, then he should be doing whatever he can to use the other options to end the debt ceiling crisis. He should not be playing chicken with the Republicans over the debt ceiling and the shutdown. Both are dangerous to the economy, and there is a real risk of default in allowing the Treasury’s daily available balance to fall to the level it will be at as of October 17th.
|By: letsgetitdone Wednesday October 16, 2013 4:25 pm|
|By: letsgetitdone Sunday October 13, 2013 1:00 pm|
But what happens if the assets are sold to one or more of the regional Fed Banks. These are agents of the Federal Government, but they privately owned.
|By: letsgetitdone Saturday October 5, 2013 7:52 am|
It now looks like the big media and leaders in both parties are no longer focusing on the Government Shutdown crisis, but are now moving on to the notion that the shutdown is melding with the upcoming probable breaching of the debt limit to create a combined mother of all fiscal crises. Along with this, the media and many politicians, encouraged by the President’s standing “strong, strong, strong,” are now directing attention away from whether ObamaCare will be delayed or compromised, to other types of ransom the Administration might pay in return for both re-opening the Government and also providing an increase of an undetermined amount in the debt limit.
|By: joe shikspack Friday September 27, 2013 6:00 pm|
Just as when last we checked, the red clowns are still refusing to get in the car and leave the ring until the Ringmaster makes an enticing offer. Some of the red clowns have been imbibing in the fermented popcorn and their demands are becoming increasingly delusional. Today the red clowns are going wild, making all of the outrageous demands that they can think of to force the Ringmaster to beat more concessions out of the audience.
All the rage for the past couple of days has been the red clowns saying that they won’t get in the car if the Ringmaster reduces the number of those in the audience without health insurance.