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Debates Forum

Debates Forum

  1. 14 Aug '13 16:19
    http://cnsnews.com/news/article/treasury-ran-98-billion-deficit-july-debt-stayed-exactly-16699396000000

    These guys are above the law and nobody cares.
  2. Subscriber Sleepyguy
    Reepy Rastardly Guy
    14 Aug '13 17:55
    Originally posted by Eladar
    http://cnsnews.com/news/article/treasury-ran-98-billion-deficit-july-debt-stayed-exactly-16699396000000

    These guys are above the law and nobody cares.
    ..."the standard set of extraordinary measures"...

    Jeez. Orwell told us so.
  3. 14 Aug '13 20:15
    Originally posted by Eladar
    http://cnsnews.com/news/article/treasury-ran-98-billion-deficit-july-debt-stayed-exactly-16699396000000

    These guys are above the law and nobody cares.
    The debt ceiling law is already above itself, since it does not provide any provision stopping Congress from passing spending bills that would cause debt above the set limit. It's like saying: "you can spend as much as you want, but you can only actually pay back a certain amount." It makes no sense.
  4. 14 Aug '13 20:19
    Originally posted by KazetNagorra
    The debt ceiling law is already above itself, since it does not provide any provision stopping Congress from passing spending bills that would cause debt above the set limit. It's like saying: "you can spend as much as you want, but you can only actually pay back a certain amount." It makes no sense.
    That doesn't matter. The only thing that matters is that they are cooking the books and nothing will be done about it.
  5. 14 Aug '13 21:25
    Originally posted by KazetNagorra
    The debt ceiling law is already above itself, since it does not provide any provision stopping Congress from passing spending bills that would cause debt above the set limit. It's like saying: "you can spend as much as you want, but you can only actually pay back a certain amount." It makes no sense.
    This works only because of a compliant central bank which buys the debt and sells it as Treasury bonds, at minimal interest.
  6. Standard member bill718
    Enigma
    14 Aug '13 22:20
    Originally posted by Eladar
    http://cnsnews.com/news/article/treasury-ran-98-billion-deficit-july-debt-stayed-exactly-16699396000000

    These guys are above the law and nobody cares.
    News Flash! This has been going on for quite awhile, and I assure you, lot's of people care. Expecting fair and balanced accounting practices from ANY government led by politicians is much the same as throwing a wounded fish into a pool of pinarnha, and expecting it to survive.
  7. Standard member empovsun
    Adepto 'er perfectu
    14 Aug '13 23:10
    Originally posted by Eladar
    http://cnsnews.com/news/article/treasury-ran-98-billion-deficit-july-debt-stayed-exactly-16699396000000

    These guys are above the law and nobody cares.
    *no one in power cares