This may bring down my presidency, but I will not yield on this Mr Obama has been quoted as saying; due to

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    Jul 17, 2011 1:30 AM GMT
    crises talks on the United states debt limit talks remain dead locked over night, as negotiations led by Obama degenerated into a slanging match.

    There are reports downplayed by the White House that negotiations could move to Camp David.

    China has also added it's voice to the chorus of alarm over the prospects of impending defaults over America's debt.

    As Washington largest creditors. the Chinese Government has urged the US to safeguard the interests of it's investors.

    Now you can not blame Bush for this.........
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    Jul 17, 2011 1:31 AM GMT
    What America needs right now is President Reagan.
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    Jul 17, 2011 1:37 AM GMT
    True_blue_aussie saidcrises talks on the United states debt limit talks remain dead locked over night, as negotiations led by Obama degenerated into a slanging match.

    There are reports downplayed by the White House that negotiations could move to Camp David.

    China has also added it's voice to the chorus of alarm over the prospects of impending defaults over America's debt.

    As Washington largest creditors. the Chinese Government has urged the US to safeguard the interests of it's investors.

    Now you can not blame Bush for this.........


    No you have to blame the Congress. They control the spending.