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Bankers Warn Obama, Don't Mess With The Debt Ceiling (Again)

 
Ohio chic

User ID: 47118543
10/02/2013 02:52 PM

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Bankers Warn Obama, Don't Mess With The Debt Ceiling (Again)
15 Bankers just paid a visit to the White House, listened to President Obama, and explained what a total disaster it would be if the US debt-ceiling is breached and Treasuries technically default. While the politicians exclaimed how bad a government shutdown would be, the banks have turned the panic dial to 11 as Goldman's Lloyd Blankfein noted, bankers are “in a position to really know early what the consequences are,” and it would be catastrophic.

[link to www.zerohedge.com]
Ephesians 5:6-9 CEB
"Nobody should deceive you with stupid ideas. God’s anger comes down on those who are disobedient because of this kind of thing. So you shouldn’t have anything to do with them. You were once darkness, but now you are light in the Lord, so live your life as children of light. Light produces fruit that consists of every sort of goodness, justice, and truth."
MaybeTrollingU

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Brazil
10/02/2013 02:54 PM

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Re: Bankers Warn Obama, Don't Mess With The Debt Ceiling (Again)
15 Bankers just paid a visit to the White House, listened to President Obama, and explained what a total disaster it would be if the US debt-ceiling is breached and Treasuries technically default. While the politicians exclaimed how bad a government shutdown would be, the banks have turned the panic dial to 11 as Goldman's Lloyd Blankfein noted, bankers are “in a position to really know early what the consequences are,” and it would be catastrophic.

[link to www.zerohedge.com]
 Quoting: Ohio chic


Quoting the mod Chip: The suits are in panic mode.
Mrbillybadass

User ID: 39067227
United States
10/02/2013 02:57 PM
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Re: Bankers Warn Obama, Don't Mess With The Debt Ceiling (Again)
Wait...so are we screwed either way? Sounds like they're talking about if debt ceiling is raised we're done, but if we don't then we default anyway.