"I mean, if the basic proposition is it's my way or the highway, then we're probably not going to get something done..." -- president 0bama
"I will not sign a 30-day or a 60-day or a 90-day extension. That is just not an acceptable approach." -- president 0bama
“Eric, don’t call my bluff,” president 0bama (to Rep. Eric Cantor)
0bama told Cantor that he would either have to agree to tax increases or give up on his demand that the debt hike be matched dollar-to-dollar to the cuts — that is, $2.5 trillion in deficit-reduction over 10 years in exchange for a $2.5 trillion hike in the debt ceiling.
So, the president is saying that when Republicans insist on their way, it's obstructionism, but when he insists on his way, it's negotiation. Hard to parse that series of statements out any other way.
It's also interesting to see that he's admitted that he's bluffing ("don't call my bluff"), although the republicans seem unable to even post a rejoinder (such as "Oh, so you're bluffing, are you?").
Quite disheartening, but quite clear. Also clear is that the feds are still telling us that the only way to get out of debt is to borrow more money. They need help.
Posted by Pygmalion 56