Thursday, July 21, 2011

Best Debt Plan Would Shave A Half-Trillion ~ "Call his bluff."

Best Debt Plan Would Shave A Half-Trillion:

"As part of this pose, Obama threatened to veto any short-term debt-ceiling hike.

Which has become Obama's most vulnerable point. Is the catastrophe of default preferable to a deal that gives us, say, five months to negotiate something more significant — because it doesn't get Obama through Election Day?

Which is why Obama is already in retreat. On Wednesday, press secretary Jay Carney showed the first crack by saying the president would accept an extension of a few days if needed to complete an already agreed-on long-term deal.

Meaning that he would exercise his veto if that larger deal required several months rather than several days?

Call his bluff."

MORE @ LINK...
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Hey, See the Reader Responses on each article,
they are gems in themselves!

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Gunny G: BLOGGER 1984 +
http://gunnyg.blogspot.com

and...
http://gunnyg.wordpress.com/

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Note:
The 'Reader Responses; shown on many posts/articles are almost always worthwhile reading.

Often, the comments by readers enhance the posted article greatly, and are informative and interesting.

Hopefully, all will remember to read the reader comments, and post their own as well.
Thanx
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