Obama Willing to Talk With Iranians Not GOP: Walker

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Sept. 30 (Bloomberg) -- Former Senator John Edward Sununu and David Walker, President and CEO and Founder of Comeback America Initiative, discuss whom the American public will blame for a government shutdown. They speak on Bloomberg Television's “In The Loop.” (Source: Bloomberg)

Not coming in until this afternoon -- why is that?

Politics on the part of harry reid.

Political hot potato -- nobody wants to be stuck with this when midnight strikes?

No, it is not political hot potato, but it is politics.

Funding government, dealing with obamacare, the things that both sides care about -- there are practical politics of this.

Who is going to take blame, who is going to take it vantage, whether it hurts or helps you, and then there is the procedure.

We saw ted cruz using procedure to the full advantage to slow things down -- who does get blamed?

It is an open question right now.

You talked about the fact -- julianna's report that the white house is not negotiating, know- how, no way, not offering any alternatives to dealing with obamacare.

That makes it tougher for them to benefit politically.

The public is going to say that both sides are to blame.

If you go back to the 1996 shutdown, neither side benefits in the two or three months over the shutdown period.

President clinton did better in 1996. republicans won the senate seats that year.

David walker, if we anticipate that this is coming at midnight, how long do you think this will last -- will the shutdown force republicans to come together and copper mise a little but more?

The shutdown would not be catastrophic if it does.

Both sides are to blame here.

The president is not leading.

He is willing to negotiate with the iranians but not with republicans.

Republicans should insist on a delay in the affordable care act because they are not ready but not part of the cr.

That should be part of the longer-term budget negotiations and the debt ceiling, not the cr.

I want to share with you some sound from representative tim griffin, the republican from arkansas, who said this quite well in terms of what is going on politically in washington right now.

This is the old football strategy.

When you get to where you want to be in the football game, you run out the clock.

You run out the clock because you think you like where you are . that is exactly what is going on here.

If they really -- if they really cared whether this government would shut down or not, they would be here.

Time is taking, -- time is ticking and it is a little timeclock.

It is at the moment.

There are two separate amendments pit they can accept or reject the one-year delay in obamacare and/or the repeal of the device tax, which is funding obamacare, something saturday night seven nurse -- something 79 senators have already supported doing.

If there is a shutdown, it is most likely to be two or three days.

Some of the economic implications you were talking about begin to take shape.

Interesting that you say two or three days.

Peter cook joining us as well.

This text has been automatically generated. It may not be 100% accurate.

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