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If Durbin is correct, and this cannot pass in time. 3 possibilities.

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Stuart G Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-19-11 07:27 PM
Original message
If Durbin is correct, and this cannot pass in time. 3 possibilities.
Edited on Tue Jul-19-11 07:28 PM by Stuart G
A. Emergancy extension of debt ceiling
B. Going around Congress (14th Ammendment, what Clinton was discussing)
C. Default.

What will it be? I don't know.
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Parker CA Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-19-11 07:28 PM
Response to Original message
1. My guess is B. With Clinton supporting it today, I won't be surprised to see Obama go there. nt
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Warpy Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-19-11 07:29 PM
Response to Original message
2. I think it will be A. They'll want to prolong the agony as much as they can
because the slimy bastards realize this is their last chance to please the puppet masters by abolishing as much of social security and medicare as they can.
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KittyWampus Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-19-11 07:30 PM
Response to Original message
3. B. is never going to happen. C. most likely will.
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Stuart G Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-19-11 07:32 PM
Response to Reply #3
4. I do think C is a possibility, and the idiots are in favor of it.
but I sure hope not. It would hurt a lot of people, not just investors and rich.
Especially if the default lasts a long time.
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tritsofme Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-19-11 07:34 PM
Response to Reply #3
5. I agree that B would never happen.
But clearly a emergency extension is far more likely than the first ever default by the US government.
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Ragnarok Donating Member (133 posts) Send PM | Profile | Ignore Tue Jul-19-11 07:39 PM
Response to Original message
6. I'll bite...
...and guess A as it's everyone's best interest since our economy is based on credit and borrowing. B isn't an acceptable option that many people would accept as legitimate (including myself regardless of whether a D, L or R is President). C could happen, but I don't think people are ready for Mad Max quite yet.
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Karmadillo Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-19-11 07:41 PM
Response to Original message
7. A + a binding commission of bipartisan rightwingers.
nt
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still_one Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-19-11 07:52 PM
Response to Original message
8. It will be A. Obama lacks testicular fortitude to do B /nt
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mmonk Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-19-11 07:53 PM
Response to Original message
9. A
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OmahaBlueDog Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-19-11 07:55 PM
Response to Original message
10. A - Obama will cite the Gang o' 6 + Coburn as a "sign of good faith"
Edited on Tue Jul-19-11 07:55 PM by OmahaBlueDog
Boehner will then have to tell the T-baggers that, as deals go, this is about as good as they are going to get.
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pscot Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-19-11 08:20 PM
Response to Original message
11. Kick the can
A
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udbcrzy2 Donating Member (572 posts) Send PM | Profile | Ignore Tue Jul-19-11 08:30 PM
Response to Original message
12. I thought the republicans wanted 'A'
That's probably what they will do, whatever the fucking repugs want them to do.
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