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Former Assistant Treasury Secretary: Obama Will Seize Total Power To Prevent US Default
You can forget about any default in the debt ceiling crisis. Former Assistant Treasury Secretary Dr. Paul Craig Roberts says, “The debt ceiling will be raised. No government wants to lose its power or lose its ability to borrow. So, if they don’t raise the debt ceiling, it is just a way of Washington committing hari-kari. It simply removes the United States as a super power.” Dr. Roberts goes on to say, “If they don’t make a deal, one of two things will happen. . . . The Federal Reserve, on its own authority, lends the Treasury the money. . . . The other alternative, Obama . . . can simply declare a national emergency and raise the debt ceiling on his own initiative. He could govern as a dictator.”
What would happen if the U.S. did default? Dr. Roberts says,
Reposted with permission.
Sounds like he already has to hell with the american public i am the president.!!