CNN - Politics: Reports the following from President Obama's press conference, " End the government shutdown and raise the debt ceiling -- even for a short period -- and I'll negotiate, President Barack Obama said Tuesday " .
Lets Get Real:
This is a trick folks, this blog does not trust the Oval as far as its ego, the Democrats are playing politics, they want to break the Republicans before the 2014 Mid Terms, thus they will say anything then go back on their word, think Syria and Iran. The Republicans have to keep their nerve, no clean CR or debt ceiling raise, as for default, what will the US be like a with a 20 trillion debt, yes folks it coming. That shoe will drop, how long can China keep buying US bonds, it becomes worthless paper after a time, even the economy of China will stall one of these days, then what, the banker will hold trillions of US bonds, and they will be not worth the paper they are written on, it will happen folks, just think Weimar Germany. This is the time for the Republicans to DEAL with the US debt. It will be hard folks, but better to do something like this on your terms and not on the terms of the Markets.
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