House passed bill GUARANTEEING NO DEFAULT; Harry Reid stopped it dead in Senate

[MTAtech]

Originally Posted by TrapperJohn

" He dissed the Supreme Court to their faces, dismissed Congressman Ryan’s efforts to work together on the deficit with a “you lost, we won” crack, and told Republicans to shut up and go to the back of the bus. He rammed through the biggest changes to health care in history by chicanery, to avoid having to make compromises with Republicans through the normal conference process. He ignored the recommendations of his own bipartisan commission on controlling debt and deficit. His favorite activity (next to golf) is class warfare. Obama is indeed the great divider, and the country shows it. "

------

He set the tone from day one. Two years later, the GOP took the House. Yet when we remind him that "we won", at least with respect to the House and appropriations, he plays deaf.

A one-sided opinion piece in the American Thinker is not evidence.

[Arjay51]

Originally Posted by MTAtech

A one-sided opinion piece in the American Thinker is not evidence.

As is a one sided opinion not considered evidence.

[trlhiker]

Originally Posted by GreenGene

McClintock bill: well-intentioned but unworkable | Jeff Pelline's Sierra Foothills Report

Don't you just hate it when the truth comes out!!!

[chucksnee]

Originally Posted by Arjay51

As is a one sided opinion not considered evidence.

HAHAHAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

[KrazeeKrewe]

The United States defaulted on some Treasury bills in April 1979 we paid a steep price for stiffing bondholders, because the interest rates doubled. They went from 8% to 16% & it took 8 long years before rates came back down to 8%. This would destroy the US economy if it happened today. Yet we now are intentionally going to default. Bondholders will certainly be more pissed about that than they were for the mistake in 1979.

Treasury blamed it on the failure of Congress to act in a timely fashion on the debt ceiling legislation in April 1979. The bond holders had to join a class action lawsuit & sue the Federal Government to get the rest of their money.