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Obama lies again... Moody's... no default if Debt Limit is not Raised by next week

 
Frankenstein
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10/09/2013 02:35 PM
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Obama lies again... Moody's... no default if Debt Limit is not Raised by next week
This obama person (if that's what he is) really burns me up. Can't stop lying.

According to Moody’s Investors Service offers “answers to frequently asked questions” about the government shutdown, now in its second week, and the federal debt limit. President Obama has said that, unless Congress acts to raise the $16.7 trillion limit by next Thursday, the nation will be at risk of default.

Not so, Moody’s says in the memo dated Oct. 7.

See link. [link to www.washingtonpost.com]

Last Edited by Frankenstein on 10/09/2013 02:37 PM
Frankenstein  (OP)

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10/09/2013 02:38 PM
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Re: Obama lies again... Moody's... no default if Debt Limit is not Raised by next week
BIG
bump
Frankenstein  (OP)

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10/09/2013 02:38 PM
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Re: Obama lies again... Moody's... no default if Debt Limit is not Raised by next week
PIN THIS...
The folks have to know
Anonymous Coward
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10/09/2013 02:39 PM
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Re: Obama lies again... Moody's... no default if Debt Limit is not Raised by next week
pin it...
Anonymous Coward
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10/09/2013 02:44 PM
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Re: Obama lies again... Moody's... no default if Debt Limit is not Raised by next week
Obama cannot breath without lying... its part of being a muslim...
Frankenstein  (OP)

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10/09/2013 02:48 PM
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Re: Obama lies again... Moody's... no default if Debt Limit is not Raised by next week
bump
Anonymous Coward
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10/09/2013 02:50 PM
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Re: Obama lies again... Moody's... no default if Debt Limit is not Raised by next week
Barak Hussein Obama is a Kenyan, Marxist homosexual riding dirty on us.
Frankenstein  (OP)

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10/09/2013 02:52 PM
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Re: Obama lies again... Moody's... no default if Debt Limit is not Raised by next week
bump
Molon Labe 2013

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10/09/2013 02:53 PM
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Re: Obama lies again... Moody's... no default if Debt Limit is not Raised by next week
Barak Hussein Obama is a Kenyan, Marxist homosexual riding dirty on us.
 Quoting: Anonymous Coward 19011416


^^^THIS^^^
Molon Labe 2013
Frankenstein  (OP)

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10/09/2013 02:53 PM
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Re: Obama lies again... Moody's... no default if Debt Limit is not Raised by next week
Thanks for the pin
Anonymous Coward
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10/09/2013 02:59 PM
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Re: Obama lies again... Moody's... no default if Debt Limit is not Raised by next week
ohh, it will probably go like the last 77 times the debt ceiling was raised...
pool
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10/09/2013 02:59 PM

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Re: Obama lies again... Moody's... no default if Debt Limit is not Raised by next week
Moody's has got to sue him for libel.
Don't dismiss your own experience to allow other people’s perceptions.
Resister

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10/09/2013 03:00 PM

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Re: Obama lies again... Moody's... no default if Debt Limit is not Raised by next week
Since the Treasury Department is an executive branch office, if it doesn't continue to service the debt, it will be a executive action, not a congressional one. Plus, Obama just appointed a new Federal Reserve chief who has promised to keep printing funny money indefinitely and transfers between the Treasury and the private bank of the Federal Reserve are also completely separated congress.

This is all on Obama.
"God forbid we should ever be 20 years without such a rebellion. The people cannot be all, & always, well informed... If they remain quiet under such misconceptions it is a lethargy, the forerunner of death to the public liberty... Let them take arms... What signify a few lives lost in a century or two? The tree of liberty must be refreshed from time to time with the blood of patriots & tyrants. " - Thomas Jefferson in 1787
fooz

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10/09/2013 03:12 PM
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Re: Obama lies again... Moody's... no default if Debt Limit is not Raised by next week
5*
Anonymous Coward
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10/09/2013 03:13 PM
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Re: Obama lies again... Moody's... no default if Debt Limit is not Raised by next week
Moody's is owned by Warren Buffett. That should tell u what u need to know.
Anonymous Coward
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10/09/2013 03:14 PM
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Re: Obama lies again... Moody's... no default if Debt Limit is not Raised by next week
It's amazing how completely stupid and ignorant you all are if you actually think Obama is behind this. THE WHOLE GOVERNMENT IS BEHIND THIS! They just want you to think that they are working against each other, but any fool knows that behind closed doors they are working together to bring about their own agenda. This is all part of the plan.
Epic Beard Guy

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10/09/2013 03:23 PM
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Re: Obama lies again... Moody's... no default if Debt Limit is not Raised by next week
The US government takes in $200 million every month. Service on their debt is $20 million a month. Unless he pisses away the whole thing, he can pay the debt and every thing else that is legal. If he just stops the unconstitutional spending, we will all be fine.
Hope for the best, but prepare for the worst.
"America is at that awkward stage. It's too late to work within the system, but too early to shoot the bastards." -- Claire Wolfe
_____tard

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10/09/2013 03:26 PM
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Re: Obama lies again... Moody's... no default if Debt Limit is not Raised by next week
The US government takes in $200 million every month. Service on their debt is $20 million a month. Unless he pisses away the whole thing, he can pay the debt and every thing else that is legal. If he just stops the unconstitutional spending, we will all be fine.
 Quoting: Epic Beard Guy


Billion.... Not million.
ceawaves

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10/09/2013 03:27 PM
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Re: Obama lies again... Moody's... no default if Debt Limit is not Raised by next week
Yeah... the money is already there, or should be..
What they want is more money/credit for increased spending.

One of the things he does best: instilling fear in the minds of millions.
Brown Chicken Brown Cow

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10/09/2013 04:26 PM

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Re: Obama lies again... Moody's... no default if Debt Limit is not Raised by next week
All he has done is lie and distort things.
Liberalism is a mental disorder.
SaveUSa

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10/09/2013 04:40 PM

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Re: Obama lies again... Moody's... no default if Debt Limit is not Raised by next week
[link to www.forbes.com]

From Forbes confirming same - with fact.

Amazing how those little facts always seem to get in the way of the bullshit they continue trying to spew. Unfortunately, we won't see any of this on MSM. I truly cannot wait to see those fuckers reap the rewards of their lying campaign after the (previously asleep, but rapidly awakening) population finally sees the realities of same.

It will truly be a wonderful thing to behold.

Last Edited by SaveUSa on 10/09/2013 04:43 PM
Within the surreal depths of "reality" lies the truth.
Anonymous Coward
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10/09/2013 05:24 PM
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Re: Obama lies again... Moody's... no default if Debt Limit is not Raised by next week
Since the Treasury Department is an executive branch office, if it doesn't continue to service the debt, it will be a executive action, not a congressional one. Plus, Obama just appointed a new Federal Reserve chief who has promised to keep printing funny money indefinitely and transfers between the Treasury and the private bank of the Federal Reserve are also completely separated congress.

This is all on Obama.
 Quoting: Resister


Seems like at them moment it all hangs on the Senate... the Senate is the one that is blocking every thing. Hairy Reed needs the infamy to be remembered by.

But then if a thing finaly gets from the Senate to the President... well.. depends on what the Senate passes... where its Hairy Reed or Obama's 'thang' to be kicked around.
Resister

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10/09/2013 05:33 PM

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Re: Obama lies again... Moody's... no default if Debt Limit is not Raised by next week
Since the Treasury Department is an executive branch office, if it doesn't continue to service the debt, it will be a executive action, not a congressional one. Plus, Obama just appointed a new Federal Reserve chief who has promised to keep printing funny money indefinitely and transfers between the Treasury and the private bank of the Federal Reserve are also completely separated congress.

This is all on Obama.
 Quoting: Resister


Seems like at them moment it all hangs on the Senate... the Senate is the one that is blocking every thing. Hairy Reed needs the infamy to be remembered by.

But then if a thing finaly gets from the Senate to the President... well.. depends on what the Senate passes... where its Hairy Reed or Obama's 'thang' to be kicked around.
 Quoting: Anonymous Coward 47039989


Harry Reid is certainly the strong man who is keeping the government shut down, that's for sure.

This thread wsa about the alleged "default" though and that is a function of the Treasury which does not stop receiving taxes from the IRS, money from bond sales it holds, or funny money loans from the Fed and it is exclusively an executive branch department.

The shut down is on Reid. A default would be on Obama.
"God forbid we should ever be 20 years without such a rebellion. The people cannot be all, & always, well informed... If they remain quiet under such misconceptions it is a lethargy, the forerunner of death to the public liberty... Let them take arms... What signify a few lives lost in a century or two? The tree of liberty must be refreshed from time to time with the blood of patriots & tyrants. " - Thomas Jefferson in 1787
SteamrolledGobias

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10/09/2013 05:41 PM
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Re: Obama lies again... Moody's... no default if Debt Limit is not Raised by next week
Since the Treasury Department is an executive branch office, if it doesn't continue to service the debt, it will be a executive action, not a congressional one. Plus, Obama just appointed a new Federal Reserve chief who has promised to keep printing funny money indefinitely and transfers between the Treasury and the private bank of the Federal Reserve are also completely separated congress.

This is all on Obama.
 Quoting: Resister


very, very interesting perspective. thanks for this.

what would happen if Bounel passes an EO raising the debt ceiling on his own? is there any technical law being broken? It's not like he hasn't already broken a schoolbook list of felonies but this could be one more to add onto the list.
Anonymous Coward
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10/09/2013 06:00 PM
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Re: Obama lies again... Moody's... no default if Debt Limit is not Raised by next week
:obongofail: :harryreidcrook:
JanJan

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10/09/2013 06:10 PM

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Re: Obama lies again... Moody's... no default if Debt Limit is not Raised by next week
The US government takes in $200 million every month. Service on their debt is $20 million a month. Unless he pisses away the whole thing, he can pay the debt and every thing else that is legal. If he just stops the unconstitutional spending, we will all be fine.
 Quoting: Epic Beard Guy


Epic, are you trying to introduce logic into the political game?!!!
Anonymous Coward
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10/09/2013 06:12 PM
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Re: Obama lies again... Moody's... no default if Debt Limit is not Raised by next week
This obama person (if that's what he is) really burns me up. Can't stop lying.

According to Moody’s Investors Service offers “answers to frequently asked questions” about the government shutdown, now in its second week, and the federal debt limit. President Obama has said that, unless Congress acts to raise the $16.7 trillion limit by next Thursday, the nation will be at risk of default.

Not so, Moody’s says in the memo dated Oct. 7.

See link. [link to www.washingtonpost.com]
 Quoting: Frankenstein


so what S&P may say default. un pin
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10/09/2013 06:43 PM
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Re: Obama lies again... Moody's... no default if Debt Limit is not Raised by next week
excuseme2
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10/09/2013 07:34 PM
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Re: Obama lies again... Moody's... no default if Debt Limit is not Raised by next week
Carter shut down government a total of 57 days, the most so far. Maybe we'll tie or exceed the record?

[link to en.wikipedia.org]
Pulsarman

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10/09/2013 08:05 PM
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Re: Obama lies again... Moody's... no default if Debt Limit is not Raised by next week
I thought S&P dropped the USA to "junk" status
pussy oblique
Anonymous Coward
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10/09/2013 08:14 PM
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Re: Obama lies again... Moody's... no default if Debt Limit is not Raised by next week
The US government takes in $200 million every month. Service on their debt is $20 million a month. Unless he pisses away the whole thing, he can pay the debt and every thing else that is legal. If he just stops the unconstitutional spending, we will all be fine.
 Quoting: Epic Beard Guy


Billion.... Not million.
 Quoting: _____tard


he dont know shit,quit talking to hin.





GLP