Friday, October 11, 2013

Gaming: The System

President Obama has rejected raising America's debt ceiling for 6 weeks beyond the October 17 deadline. The compromise was put forward by congressional Republicans, who sought to win time for negotiation and avert an unprecedented US default next week.

  RT
Of course.  Now HE is the one refusing to raise the ceiling.  The game goes on while you go down the tubes.
No specific budget decision was taken in the White House on Thursday, where President Obama met with 20 House Republicans, including Speaker John Boehner, for 90 minutes of talks. However, a White House spokesman said President Obama "looks forward to continued progress with members on both sides".
Continued?
Obama insisted he won’t significantly cut Medicare and Medicaid spending, if Republicans don’t agree to raise revenues from reduced tax breaks for corporations and wealthy individuals. Mr. Boehner in turn has been reaffirming his party was against tightening taxation, which suggests that future talks could founder.
So that’s the trigger for cutting Medicare/Medicaid. When the rich are willing to be taxed more, the poor can expect to be given less. What a deal.

...but hey, do what you want...you will anyway.

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