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View Diary: Obama condemns 'Republican default tax' in weekly address (66 comments)

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  •  Reagan in 1987: (0+ / 0-)

    Unfortunately, Congress consistently brings the Government to the edge of default before facing its responsibility. This brinkmanship threatens the holders of government bonds and those who rely on Social Security and veterans benefits. Interest rates would skyrocket, instability would occur in financial markets, and the Federal deficit would soar. The United States has a special responsibility to itself and the world to meet its obligations. It means we have a well-earned reputation for reliability and credibility--two things that set us apart from much of the world.

    "Liberty" is a living wage. "Freedom" is not worrying about your medical bills.

    by billybam on Sat Oct 12, 2013 at 08:59:22 AM PDT

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