And Obama gave him one. According to Politco.

When Cantor said the two sides were too far apart to get a deal that could pass the House by the Treasury Department’s Aug. 2 deadline — and that he would consider moving a short-term debt-limit increase alongside smaller spending cuts — Obama began to lecture him.

“Eric, don’t call my bluff,” the president said, warning Cantor that he would take his case “to the American people.” He told Cantor that no other president — not Ronald Reagan, the president said — would put up with the treatment he was getting from the House majority leader.

Democratic sources dispute Cantor’s version of Obama’s walk out, but all sides agree that the two had a blow up. The sources described Obama as “impassioned” but said he didn’t exactly storm out of the room.

“Cantor’s account of tonight’s meeting is completely overblown. For someone who knows how to walk out of a meeting, you’d think he know it when he saw it,” a Democratic aide said. “Cantor rudely interrupted the president three times to advocate for short-term debt ceiling increases while the president was wrapping the meeting. This is just more juvenile behavior from him and Boehner needs to rein him in, and let the grown-ups get to work.

Ha…If you can get Bonehead away from the bar long enough. But the people – especially the seniors – are the ones who will eventually get a black eye in all of this and they will remember  come election time who threw the first punch.

The card players at the North Olmsted senior center are used to calling each other’s bluff, but now they’re wondering which politician is bluffing.

“If politicians tell you enough lies enough times people will believe it,” Mary Ann Ward said.

Whether you believe the president or not, seniors took notice when the president said social security checks may not be sent in August.

“It’s going to tear the seniors up because we rely on our social security,” Shirley Jenkins explained.

Whether you’re elderly and relying on social security or young and relying on student loans, it may all be at risk if a decision is not made on the debt limit, which is essentially the nation’s credit card limit.

“It’s going to be really hard to go to school without a loan,” Kent State Junior Jackie Griswold said.

According to Bankrate, the new market slogan would be “If the U.S. can default anybody can,” which means your interest rates on your home, car or other loan could go up.

“I think the scare is real,” said Dr. Tom Sutton, a political science professor at Baldwin Wallace College.

Sutton said when interest rates go up, jobs are in jeopardy.

“The stakes are at their ultimate when it comes to the debt limit and what it can do to the economy,” Sutton said.

The stakes are high for every American, and for the politicians themselves.

“No one wants to get the blame and it’s too risky to predict if we do X then the other side will get the blame. We don’t know that,” Sutton explained.

And they won’t care which side they were on that threw it.

cmaukonen

cmaukonen

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