US Debt Default Intinerary

EmmyEms

New member
At best there will be some partial stopgap measure or presidential intervention. An agreement is not gonna happen. You know why? Because the nurabers simply don't work. Lets start with what happens August 3rd, 6 days away.



The next day after that.



By now things have gotten interesting but not as interesting as it could get.



The best that we can hope for and seems likely to work but we'll have lost major credibility and standing in the world.



And that's how its going down folks. Assuming some grand deal was reached tomorrow its too late for August 3rd payments.

http://money.cnn.com/2011/07/28/news/economy/debt_ceiling_prioritizing_payments/index.htm?iid=Lead
 
This shit couldn't any easier for Obama, the republicans cant even agree amongst themselves on shit that is certain to get shot down. Its fish in a barrel for Obama and he's talking about eating peas.

All Obama has to do is stand up and own the debt ceiling, everyone wants him to, he seems to be too skeered.
 
I like how the retard who started the thread cherry picked items from the article, leaving out the Treasury's plan to prioritize and withold to prevent default
 
President declares himself emperor, QE3 is passed, martial law is declared, red light cameras installed at every intersection at every major city, with 100% of revenue going to Obama's Masta-Card.
 
What's gonna happen is completely dissolve the Republican intervention thus Obama allowing himself to be re-elected and get another Democrat candidate after him. Say goodbye to the power, corrupt Republicans.
 
Always. Like the Great Depression, which saw a Republican thrown out of office and the greatest liberal president in American history put in the white house for four consecutive terms.
 
Back
Top