Podesta: Obama Pledged Before
Election Never to Bargain on Debt Ceiling Again
by Ben Shapiro 11 Oct 2013
According to John Podesta, founder of the Center
for American Progress and former chief of staff to President Clinton,
President Obama told him that he would never again bargain with Republicans to
extend the debt limit. Podesta said that the 2011 Budget Control Act, which
ended the debt ceiling debate two years ago, “sent a signal that this was fair
game to blackmail over whether the country would default. He feels like he has
to end it and end it forever.”
Obama has taken a no-negotiations
stance on the debt ceiling debate, sending the true signal to the market that
he is willing to default on debt if Republicans do not fund the government in
accordance with his wishes. Podesta said that Obama will “be viewed as a guy
who you can hold up” if he gives any concessions at all on the debt ceiling.
The stock market has rallied
around the notion that the debt ceiling debate will come to a conclusion before
the United States
defaults. That’s largely because Republicans are signaling that they want to
extend the debt ceiling. “Mr. President, let’s sit down and talk,” House
Majority Leader Eric Cantor said. “Let’s reach consensus and end the ‘my way or
the highway’ attitude once and for all.”
President Obama’s dramatic
intransigence has paved the way for incredible public outrage against both him
and Congress, with both hitting approval ratings lows. Nonetheless, Obama takes
solace in the fact that Republicans are being blamed more than Democrats for
the current impasse, thanks largely in part to media coverage.
Center for American Progress
John
D. Podesta is the chair & counselor for the Center for American Progress, the education fund director for the Leadership Conference on Civil and Human
Rights, and was Tom Daschle’s
counselor.
Note: Tom Daschle’s counselor was John D. Podesta, the nominee for health
and human services secretary for the Barack
Obama administration, is a director at the Center for American Progress, and a 2008 Bilderberg conference
participant (think tank).
Melody
C. Barnes was the domestic policy council, director for the Barack Obama administration, the EVP
for the Center for American Progress,
and is Barack Obama’s golf partner.
George
Soros was a supporter for the Center
for American Progress, and is the chairman for the Foundation to Promote Open Society.
Foundation
to Promote Open Society was a funder for the Center for American Progress, and the Leadership Conference on Civil and Human Rights.
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