Video| President Obama News Conference with Reporters

PBO to GOP: LIFT THESE THREATS & LET’S GET DOWN TO WORK

LET'S GET TO WORK-20120608_president-obama_33

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9 Responses to Video| President Obama News Conference with Reporters

  1. Ametia says:

    The President answered all my questions today. How about you? Here are the key points I heard:

    •The President will not negotiate the CR or the debt ceiling. No wiggle. No slight restating. No change.

    •Why is he not willing to negotiate? He will negotiate any and every thing – after we have a clean CR and a clean debt raise.

    •Hasn’t there always been negotiating over the debt ceiling? Didn’t he do it in 2011? In the 2011 case, he did not enter his discussions with Boehner in the presence of a default threat. That came up when their deal fell apart. And it was a close thing. In earlier years and earlier debt ceiling raises, there was lots of posturing, but no explicit default threat. No opposition leader has ever said “We are on a path to default,” before or during negotiations.

    •There are no secret silver bullets that will be revealed after the October 17 drop dead date has passed. Obama feels that issuing Treasury Bonds and selling them to the public, without a debt ceiling raise would cloud the legal provenance of the bonds so issued, and mess up the market and devalue our bonds.

    •One reporter asked whether the idea being looked at by the GOP for a new form of a Supercommittee might be a way around the impasse, a sort of “concession made without conceding”. Obama said the GOP could set up any process they want for new budget discussions. He even said they could attach this to the CR and debt ceiling resolutions he needs, but he needs those resolutions to be unconditional. He did not specifically say this, but I think it is clearly implied in his other statements: any new “going-forward” process, like a new Supercommittee, cannot have “triggers” that could lead to a shutdown or a default.

    •The ongoing GOP chatter that a default won’t happen, or wouldn’t be too terrible, because the Government can prioritize payments, to be certain bondholders get paid, is miles off the mark. Not paying other legal, sovereign obligations, even if we pay bondholders, still puts the country in the “deadbeat” category, which will harm the full faith and credit of the United States.
    •The President remains hopeful that the GOP will come around and send him a clean bill before the October 17 drop dead date.

    The President spoke well – relaxed, clear, not apparently angry, thoughtful, upbeat. You got the feeling that the whole thing is incredibly clear to him, and he is pretty sure the other side will see the light before it’s too late.

    http://jimstuartnewblog.blogspot.com/2013/10/todays-press-conference.html

  2. Ametia says:

    Front row media JACKALS

  3. vitaminlover says:

    Bonehead is sooooo incompetent!. This is why he is so uncooperative-he doesn’t know what he is doing. Sometimes I wonder if he is truly educated. (smh)

  4. Ametia says:

    Boehner’s response

    http://www.youtube.com/watch?v=0KtZtQfFl_o

    YOU’RE A LOSER, RUSTY BOEHNER!

    • Ametia says:

      Hat tip Rikyrah

      “Refusing to negotiate is an untenable position,” Mr. Boehner said.

      1. 4/23 Reid asked to go to conference, Toomey blocked.

      2. 5/6 Reid asked to go to conference, Cruz blocked.

      3. 5/7 Murray requested to go to conference, McConnell blocked.

      4. 5/8 Warner asked to go to conference, McConnell blocked.

      5. 5/9 Murray asked to go to conference,McConnell blocked.

      6. 5/14 Warner asked to go to conference, McConnell blocked.

      7. 5/15 Wyden asked to go to conference, McConnell blocked.

      8. 5/16 Murray asked to go to conference,Lee blocked.

      9. 5/21 Murray asked to go to conference, Paul blocked.

      10. 5/22 Kaine asked to go to conference, Rubio blocked.

      11. 5/23 McCaskill asked to go to conference, Lee blocked.

      12. 6/4 Murray asked to go to conference, Rubio blocked.

      13. 6/12 Kaine asked to go to conference, Lee blocked.

      14. 6/19 Murray asked to go to conference, Toomey blocked.

      15. 6/26 Murray asked to go to conference, Cruz blocked.

      16. 7/11 Murray asked to go to conference, Rubio blocked.

      17. 7/17 Murray asked to go to conference, Lee blocked.

      18. 8/1 Durbin asked to go to conference, Rubio blocked.

      19. 10/2 Murray asked to go to conference, Toomey blocked.

      http://www.nationaljournal.com/congress/19-times-democrats-tried-to-nego

      • rachel says:

        “Refusing to negotiate is…!’
        Even as old as I am, my mamma would wash my mouth out with soap if she heard what I said about this liar.

    • Yahtc says:

      We know the truth Boehner!

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