In response to:

Obama: "We Are Not a Deadbeat Nation"

evie10 Wrote: Jan 14, 2013 2:33 PM
Wait a minute - did we not elect the emperor this time? one of his minions is trying to get the term limit removed (failing that, mr. o will simply executive order it) so he can continue until he's tired of the job. All he has to do it executive order the debit limit away and everything will be fine.

President Obama used his characteristically demagogic and dishonest press conference today to attack Republicans and insist that he will not negotiate over the impending expiration of America's debt limit.  In response to a question from NBC's Chuck Todd, Obama declined to fully rule out unilateral action on hiking the debt ceiling; he lashed out at the GOP, warning that their (popular) demand of dollar-for-dollar spending cuts could damage the economy, prevent the country from paying its bills, and further erode "the full faith and credit" of the United States: