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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (622379)	8/1/2011 12:55:07 PM
From: i-node	Read Replies (1) \| Respond to of 1579105

>> Debt deal could boost Obama in 2012 Like you, CBS is dreaming.

To: tejek who wrote (622379)	8/1/2011 1:41:04 PM
From: Tenchusatsu	2 Recommendations Read Replies (1) \| Respond to of 1579105

Ted, > But here you have a Democratic president, who's been painted a free-spending liberal, taking credit for what is the largest cut in federal spending in history. The headlines have been clear. Obama was sitting on the sidelines while Reid and Boehner were duking it out. All he did was give speeches calling for some sort of agreement. Obama will try to take credit for it, but no one will really believe him, other than complete idiots. Oh wait, look at who I'm responding to ... Tenchusatsu

To: tejek who wrote (622379)	8/1/2011 1:55:31 PM
From: Alighieri	Read Replies (1) \| Respond to of 1579105

Here's why: while it may look to many in his party as a raw deal, Mr. Obama succeeded in showing leadership in the end by brokering any deal to solve the crisis, showed he was willing to compromise and take less than he wanted, and showed he was serious about tackling the looming debt crisis facing the country. You know I was thinking about this 14th amendment business over the w/e...i think i understand why obama would be very reluctant to go there...imagine that he does that to save the day, and then Moody/SP downgrade the US' credit rating anyway...something they would be likely to do considering the political fight that would ensue...and so interest goes up, every american with a variable loan (back in vogue like crazy by the way) is paying a larger mortgage monthly, our own interest payments go up (150B.year I have heard) and of course the effect on the economy... can you imagine the tangible and political fallout? Al