Chutzpah: Unemployment President Warns of ‘Manufactured Crisis’ Over Debt Ceiling

Posted by on Jan 05, 2013 at 8:47 am

Only with a slavishly devoted media could someone get away with such nonsense. A manufactured crisis? All the media and Democrats do, day after day, is manufacture a crisis to keep the people in fear. Now after socking us with the largest tax increase in history, he’s back at it,  warning of a catastrophe. So while warning about a “catastrophe,” he wags the finger about manufacturing a crisis. All this while on his $20 million vacation.

The gall of this man.

In his first weekly address of the New Year, President Obama touts the “fiscal cliff” compromise as “one more step in the broader effort to grow our economy and shrink our deficits” but warns that another “manufactured crisis” over the debt ceiling could wreak havoc on the economy.

Continuing his effort to frame the looming fight over the nation’s debt limit, Obama makes clear “one thing I will not compromise over is whether or not Congress should pay the tab for a bill they’ve already racked up.”

The bill they’ve racked up? So he’s got nothing to do with it? Unreal.

“If Congress refuses to give the United States the ability to pay its bills on time, the consequences for the entire global economy could be catastrophic,” he continues. “The last time Congress threatened this course of action, our entire economy suffered for it.”

Speaking from Hawaii, where the president is vacationing with his family, Obama cautions that another “messy brinkmanship” in Congress would make business owners and consumers less confident.

His failed policies and crushing debt have nothing whatsoever to do with sagging consumer confidence, of course. And the media dutifully plays along.

Tags: ,

2 Responses to “Chutzpah: Unemployment President Warns of ‘Manufactured Crisis’ Over Debt Ceiling”

  1. enjoy it revenge voters and 47% on 5/05/13 at 10:55 am

    In the ineptocracy crisis will be a permanent state of affairs while the last looting of any wealth left continues.

  2. Jaynie59 on 6/06/13 at 7:23 am

    Conservatives better look out. Obama is setting up the Republicans to take the blame for the collapse that he has planned for all along. And they will be blamed. Make no mistake. Republicans will never win another national election and after the financial system implodes they’ll be lucky to get elected dog catcher anywhere in the country. That’s the whole point of what the Democrats are doing.
    The only hope this country has is to have every conservative elected representive and senator switch their party affiliation to Independent now. Get as far away from the Republican Party as possible before it’s too late. Any Tea Partiers working in their local Republican machines need to get out and go Libertarian. I’m no fan of Libertarians but anyone serious about saving this country needs to wake up and realize that the destruction of the Republican Party is almost complete and by the end of Obama’s second term it will be dead. Get out now.