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Reply #37: The US Chamber of Commerce and Wall Street oppose default [View All]

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Tom Rinaldo Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-20-11 08:04 PM
Response to Reply #33
37. The US Chamber of Commerce and Wall Street oppose default
Those are the mainstream and Conservative Republican puppetmasters. The Tea Party fringe might balk but between Dems and the other Repubs we can avoid default. However the non Tea Party Repubs are trying to placate the Tea Party Reps, and so they play brinksmanship to see how much they can get the Dems to cave. And Obama is giving them lots of reasons to push for an unequal deal. The first person to start seriously pushing for a 4 Trillion $$$ deal with Medicare & Social Security and Medicaid on the table was Obama. Before thta a deal half that size was the focus of talks.

I seriously believe Obama wants credit for being the President who "put entitilement programs on a sound fiscal funding" by cutting back on what people were previously promised, calling that a victory for the American people. If he would back off this could be solved.

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