The Motley Fool Discussion Boards

Previous Page

Politics & Current Events / Political Asylum


Subject:  Re: Don't negotiate with liars Date:  12/13/2012  4:05 PM
Author:  TheDope1 Number:  1844753 of 2016099

Those are the key issues from the Democrats side. On the GOP side it's spending cuts. I suppose Obama can refuse to negotiate, but he'll take everyone over the cliff if he does. At least he'll have his tax increases on the rich along with everyone else. He'll need the additional short term revenue to deal with a tanking economy if that happens.

What's lost in all this is how the government actually functions.

Obama isn't a king. He can't walk down to the treasury and dispenses pieces of gold at his leisure. CONGRESS holds the power of the purse. So when Obama asks for control over the nation's debt limit he should be laughed at. It's a complete non-starter that doesn't merit serious