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Disgusting – Obama White House to American People on Debt Ceiling Plans: None of Your Business!

July 17, 2011
Tom Fitton

On Wednesday night, “Mr. Cool” lost his cool. Barack Obama, frustrated at his inability to strike a deal with Republicans in Congress on raising the debt ceiling, stormed out of a meeting saying, “enough is enough.” As of today, the negotiations are in limbo.

I’m sure you’ve been following this story. Leaders in both political parties say that if the debt ceiling (the federal government’s borrowing limit) is not raised by August 2, 2011, the government supposedly will run out of money and will default on its obligations. This, the Establishment says, will trigger a global economic meltdown.

(You may recall this same “sky is falling” rhetoric was used back in September 2008 when former Treasury Secretary Henry Paulson was running around Congress asking for a blank check for the bailouts and then forcing banks to “take the money or else.”)

At any rate, while leaders in both parties say they need to raise the debt ceiling they have very different ideas on the type of deal they’d be willing to strike.

And now… the rest of the story. …..

One Comment leave one →
  1. July 18, 2011 12:45 am

    That statement is not correct. Obama had good reasion to be angry with Cantor who had walked out of the meeting with the VP, He is there to serve the Lobby and the ultra right, to make sure Obama looses all the way to 2012 He was prime organizer for that congressional trubute Netanyahu where he maneuvered the appearance of total objection to the President position on Israel AND pledged his allegiance to Netanyahu stating
    “I am with you not MY President…..and will see to it the GOP will also” Any real Patrtiotic American would call that Treason, if you are not sure read the Constitutional Papers, he was elected to
    serve America not Netanyahu. So when Cantor interrupted the President over and over, Obama this time told him what he tought…”enough is enough”

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