Page 3 - Cannot Pay News Today

President obama and his republican opponents have traded words over the government shutdown. still theres no progress. in a news conference yesterday, the president said hed be willing to negotiate, but only after house republicans funded the government. he warned about the impending crisis over the debt ceiling. >> insane. catastrophic. chaos. these are some of the more polite words. warren buffett likened it to a nuclear bomb. >> if there is unconditional surrender by republicans, he will sit ...

>> let me ask you, is the affordable care act a law of the land? >> what is the law of the land that was -- >> is it a law of the land? >> yeah. it was orchestrated to be delayed in its implementation for three years. the signup for it starts in a few days and obviously becomes effective in january. >> your position is the united states government cannot pay its bills after october 1st unless you kill the affordable care act. thats the deal. thats your deal. >> my position is that we should fund...

Provisions yesterday. the presidents support on this bill is crumbling. this is why we see all the vitriol. >> let me ask you, is the affordable care act a law of the land? >> what is the law of the land that was -- >> is it a law of the land? >> yeah. it was orchestrated to be delayed in its implementation for three years. the signup for it starts in a few days and obviously becomes effective in january. >> your position is the united states government cannot pay its bills unless you kill the a...

>> we have to make this clear, america is not greece. america has no history of violent street demonstrations on a mass level. were wanot facing a depression. they had a general strike. we dont have general strikes in the united states but there are some worrying, distant echos. you remember about a year ago at the height of the banker bonus outrage, the fciu bussed in some very, very angry people to the private homes of bankers. thats an ugly, distant echo, if you like. and there is a parallel ...

Water turned off in june and the 7,5567 people who had their water turned off in april and may. the departments campaign to stop water service is targeting people who are more than 60 days late on their bills or who owe at least 1$150. they say turning off the water is a necessary incentive to collect on more than 90,000 delinquent accounts owing more than $93 million past due. they point to the 60% of customers who pay their accounts within a day of having it shut off as evidence that people ca...