Thursday, October 17, 2013


Bluffing only works if the other side thinks you are not bluffing.
The debacle of the last debt ceiling crisis worked out differently because Obama and the Democrats believed the Republicans were not bluffing - that they really would force the nation to default on its obligations.  And Obama beleived them.

But the public reaction to that and the fact that everyone believed Obama was not bluffing - that he would veto anything but a "clean" bill that continues to fund the government. - GWC

John Boehner:
"We're not going to pass a clean debt limit increase," House Speaker John Boehner warned the country on Oct. 6. "I told the president, there's no way we're going to pass one. The votes are not in the House to pass a clean debt limit. And the president is risking default by not having a conversation with us."

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