Default a threat to nation’s credit. Not!
You can be sure Obama would manipulate it into happening though.
Check it out:
President Obama has been using the threat of a “default” to persuade House Republicans to fund his newly implemented health-care law and the rest of the heavily indebted federal bureaucracy, as well as end the government shutdown.
“If there’s a way to solve this, it has to include reopening the government and saying America’s not going to default and we’re going to pay our bills,” he stated at a rare White House news conference Tuesday, the eighth day of the partial shutdown.
Throwing an appeal directly to the American people, he said into the television cameras: “We’ve got to stop repeating this pattern. I know the American people are tired of it. I apologize you have to go through this stuff every three months, it seems like. And Lord knows, I’m tired of it.
“At some point we’ve got to break these habits.”