President Barack Obama warned Tuesday there could be another global financial crisis if the U.S. Congress fails to raise the national debt ceiling.
But in an interview with NBC’s “Today” show, Obama also said he took Republican leaders at their word that they want to avoid such a situation and he expects a deal to increase the debt limit “in a sensible way.”
“The full faith and credit of the United States is the underpinning not only of our way of life, it’s also the underpinning of a global financial system. We could actually have a reprise of a financial crisis, if we play this too close to the line. So we’re going be working hard over the next month,” he said.
Disrupting the Borg is expensive and time consuming!
Google Search
-
Recent Posts
- Bullseye!
- It’s Getting Closer
- Greenland Meltdown Scam
- Greenland Ice Update
- Wyoming Gold
- Three Years Since The Apocalypse
- Arctic Report card Summer 2026
- Elon Pushing Pushing Geoengineering
- Earth, Wind And Fire
- On The Road Again
- Vandalism At The Reflecting Pool
- Fifty Years Ago Today
- Truth Or Consequences
- US Climate Trend Maps
- Declining Spring Snow Cover In Northern New Mexico
- You Can’t Fool Mother Nature
- Cattle And The Climate
- One Atomic Bomb Per Hour
- New Video : Analyzing Oil And Gas
- Is Antarctica Melting?
- High Speed Analysis And Visualization
- El Nino To The Rescue?
- Fake News Update
- Growth Of Antarctic Sea Ice
- 65 Years Of Progress!
Recent Comments
- Stuart Hamish on Cattle And The Climate
- Stuart Hamish on Cattle And The Climate
- Bob G on Bullseye!
- conrad ziefle on Bullseye!
- arn on Greenland Ice Update
- D. Boss on Bullseye!
- D. Boss on Bullseye!
- scott allen on Bullseye!
- scott allen on Bullseye!
- John Francis on Greenland Ice Update





