Originally posted by moon1969 You missed the point. She never threatened a US default to get as ransom what she could not get through the legislative democratic process.
She never said give me massive more spending or I force a US default.
She never said give me massive tax increases or I force a US default.
She could have.
The U.S. is in no danger of defaulting and will not default.
You remind me of chicken little,"the sky is falling, the sky is falling !"
Originally posted by utherpendragon The U.S. is in no danger of defaulting and will not default.
You remind me of chicken little,"the sky is falling, the sky is falling !"
If the debt ceiling is not raised, the US will default, that's for sure. Fortunately, the Koch brothers may be reigning in Boehner and forcing Boehner to allow a debt ceiling vote to go to the House Floor.
Yet, to be sure, Boehner has been threatening to not let a debt ceiling vote go to the House Floor, unless he gets his ransom -- what he could not get through the legislative democratic process. Pelosi never did that as Speaker.
Originally posted by moon1969 If the debt ceiling is not raised, the US will default, that's for sure. Fortunately, the Koch brothers may be reigning in Boehner and forcing Boehner to allow a debt ceiling vote to go to the House Floor.
Yet, to be sure, Boehner has been threatening to not let a debt ceiling vote go to the House Floor, unless he gets his ransom -- what he could not get ...[text shortened]... gislative democratic process. Pelosi never did that as Speaker.
The extreme right is losing.
If the government defaults it will be the administration, and dept of Treasury who does it. There is wide latitude as to what money is spent and when. As we've seen when the administration wants to slow down spending it does so.
Then there is the unheard of notion of negotiating with Congress, and at least slowing the debt slide. Almost every increase in the debt ceiling in the past has been accompanied by spending restrictions, sadly not enough.
Originally posted by utherpendragon The U.S. is in no danger of defaulting and will not default.
You remind me of chicken little,"the sky is falling, the sky is falling !"
Liberals like to redefine default. If you decide to cut back on spending, then you are defaulting on promised spending. This is how they see it.
Originally posted by Eladar Liberals like to redefine default. If you decide to cut back on spending, then you are defaulting on promised spending. This is how they see it.
It's kinda like cutting back on the car payment. Yeah, you spend less...but you defaulted on the agreement...
Originally posted by AThousandYoung No. The House refuses to provide enough funding to pay the nation's fiscal obligations.
Yeah maybe we shouldn't have bought that car. But we did. Refusing to pay for it won't help.
Yes, the parents are saying that they can't afford to go out tonight. This is the case even though they told the kids earlier that they could go out tonight.
Originally posted by Eladar Yes, the parents are saying that they can't afford to go out tonight. This is the case even though they told the kids earlier that they could go out tonight.
Originally posted by AThousandYoung The kids are going to wonder where the car went.
Exactly, which is why you pay off your loans.
Remember you are complaining about spending, not loans. It is only the misguided that think you have to buy a car by taking out a loan. That's what is wrong with America.
Originally posted by Eladar Exactly, which is why you pay off your loans.
Remember you are complaining about spending, not loans. It is only the misguided that think you have to buy a car by taking out a loan. That's what is wrong with America.
Originally posted by Eladar You only have a car payment because you took out a loan. So no, cutting back on spending is not like defaulting on a loan.
Cutting back on spending may be fine, but not raising the debt ceiling and thus not making your car payment is a default, and that will give late fees and added interest, increasing what you owe for the car.
To be sure, not raising the debt ceiling will massively increase the US debt. Thanks GOP and Tea Party.
11 Oct '13 02:27
70% disapprove of GOP tactics
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