Proof Obama is bluffing

From U.S. News:

Writing Monday for Fox Business, Charlie Gasparino reported that, “In a series of phone calls, administration officials have told bankers that the administration will not allow a default to happen even if the debt cap isn’t raised by the Aug. 2 date Treasury Secretary Tim Geithner says the government will run out of money to pay all its bills, including obligations to bond holders.” This in stark contrast to the message carried to the nation on the Sunday talk shows by Treasury Secretary Timothy Geithner, who repeatedly intimated that default was imminent should Congress fail to raise the federal debt ceiling.

There you go. It’s a fake deadline.

Comments

  1. The August 2 deadline was simply established so the debt ceiling wouldn’t conflict with Obama’s huge birthday bash on August 3. It would look pretty bad if Obama was at a huge extravagant gala while the foundations of the American economy were crumbling.

    Now Obama says he will skip his party if a resolution has not been reached: http://www.huffingtonpost.com/2011/07/25/obama-will-skip-chicago-b_n_908582.html

    As if Obama will skip out on a chance to be the center of attention and give a speech in front of a fawning audience. That’s how I know he’d sign the Boehner plan if it made it that far.

  2. Obama will sign anything put in front of him because he is a compromiser by nature.
    If he was to veto anything, it would be to ensure that the President gets more power.

  3. The term bluffing is a euphemism for lying.

    In my 54 years I have never witnessed serial lying on a scale this large.

    I miss Carter these days.