The title of a recently released Yahoo! article is “Boehner says U.S. on path to default if OBAMA won’t negotiate” (Web-site/URL: http://finance.yahoo.com/news/pentagon-recall-most-furloughed-workers-012413357.html).
“Republican House Speaker John Boehner vowed on Sunday (October 6, 2013) not to raise the U.S. debt ceiling without a “serious conversation” about what is driving the debt, while Democrats said it was irresponsible and reckless to raise the possibility of a U.S. default”.
“Boehner told ABC‘s “This Week”, “The nation’s credit is at risk because of THE ADMINISTRATION‘s refusal to SIT DOWN AND HAVE A CONVERSATION“…,adding that there were not enough votes in the House of Representatives to pass a “CLEAN” debt limit bill, without any conditions attached” without HEALTHCARE REFORM
“Asked if that meant the United States was headed towards a default if President Barack Obama did not negotiate ahead of an October 17 (2013) deadline to raise the debt ceiling, Boehner said: “That’s the path we’re on“, and again, that is very OMINOUS. “I DON’T want the United States to default on its debt, but I’m not going to raise the debt limit without a serious conversation about dealing with problems that are driving the debt up. It would be IRRESPONSIBLE of me to do this“, as if JOHN BOEHNER has EVER been “responsible”.
“Treasury Secretary Jack Lew warned of serious consequences if “the UNTHINKABLE” were to happen and the United States defaulted”. “It is irresponsible and it is reckless to take that chance, which is why Congress NEEDS TO ACT“, he told Fox News“, but given that REPUBLICANS/THE GOP controls THE HOUSE, it is HIGHLY UNLIKELY that “Congress” will “act”. We had the same situation in 2006 when GEORGE W BUSH was in power and DEMOCRATS took control of both the House and the Senate. Also given that Fox News is a REPUBLICAN/GOP channel, saying this on Fox News is counter-productive.
“He told CNN: “On the 17th (October 17 2013) we run out of our ability to BORROW and Congress is PLAYING WITH FIRE” AS EXPECTED (Web-site/URL: http://www.youtube.com/watch?v=NgnAY_eXYbI). “Congress” ALWAYS “(plays) with fire” whenever the majority in one or both chambers is of a different political ideology from the President. In this case once again THE HOUSE is controlled by REPUBLICANS/THE GOP.
“Senator Ted Cruz, who has been the standard-bearer for Republican opposition to funding the government without measures to undercut Obama’s healthcare law, told CNN that Congress frequently in the past had attached curbs on spending to votes to raise the debt ceiling”.
“On this occasion, he said, Republicans were looking for three things before raising the debt ceiling: a significant structural plan to reduce government spending, no new taxes, and measures to “MITIGATE THE HARM from Obamacare”.
“Democratic Senator Charles Schumer told ABC‘s “This Week” he DID NOT believe (that) Boehner would let the nation go into default, as it would lead to chaos on financial markets, freeze lines of credit and cause a jump in interest rates”. “I BELIEVE Speaker Boehner WILL NOT do that when push comes to shove“, adding that Boehner and Republicans would be forced “sooner or later” to stand up to the “HARD right” in their party and give in. “They will HAVE TO back off“. This is a POLITICIAN‘s BELIEF and “have to” sounds like another example of the “force and pain technique” (Web-site/URL: http://www.youtube.com/watch?v=NgnAY_eXYbI).
“Lew told CNN‘s “State of the Union”, “THERE IS NO OPTION THAT PREVENT SUS FROM BEING IN DEFAULT IF WE DON’T PAY OUR BILLS” again obviously.
“Lew said (that) the Obama administration has determined that legally it does not have the authority to raise the debt ceiling on its own, as some Democratic lawmakers have suggested”. “There’s a desire here for there to be some kind of a MAGIC solution. There’s an EASY solution: a majority in Congress would DO THE RIGHT THING IF given a chance to OPEN THE GOVERNMENT. A majority in Congress would DO THE RIGHT THING IF given a chance to let us PAY OUR BILLS“. Unfortunately many POLITICIANS HAVE NO INTEREST in “(doing) the right thing”. Instead, POLITICIANS tend to do things that are POLITICALLY EXPEDIENT.
“While most House Republicans have remained firmly opposed to reopening the government without some changes to Obamacare, Republicans in Democratic-leaning states have been trying to build support for a revolt against that stance”.
“In an opinion piece on Sunday (October 6, 2013) on local news website Philly.com, seven Republican House members from districts in northeastern states called for a measure to reopen the government WITHOUT CONDITIONS “.
Finally, this group, “which included Representatives Charlie Dent of Pennsylvania and Frank LoBiondo of New Jersey”, wrote: “The fight to stop Obamacare CANNOT CONTINUE with the government shut down. That’s why we support a short-term, clean funding bill to turn those lights back on“.
To conclude, once again, THERE IS NOTHING NEW HERE. Boehner says OBAMA “won’t negotiate”, but it’s NOT as if BOEHNER “negotiates” at all making this the latest/yet another example of “We think they made us mad; they think we made them mad and here we go” (Web-site/URL: http://www.youtube.com/watch?v=NgnAY_eXYbI).