10 Inconvenient Truths About the Debt Ceiling

Discussion in 'Economy' started by JBeukema, Jun 5, 2011.

Thread Status:
Not open for further replies.
  1. JBeukema
    Offline

    JBeukema BANNED

    Joined:
    Apr 23, 2009
    Messages:
    25,613
    Thanks Received:
    1,703
    Trophy Points:
    0
    Location:
    everywhere and nowhere
    Ratings:
    +1,705
    1. Republican Leaders Agree U.S. Default Would Be a "Financial Disaster"
    2. Ronald Reagan Tripled the National Debt
    3. George W. Bush Doubled the National Debt
    4. Republicans Voted Seven Times to Raise Debt Ceiling for President Bush
    5. Federal Taxes Are Now at a 60 Year Low
    6. Bush Tax Cuts Didn't Pay for Themselves or Spur "Job Creators"
    7. Ryan Budget Delivers Another Tax Cut Windfall for Wealthy
    8. Ryan Budget Will Require Raising Debt Ceiling - Repeatedly
    9. Tax Cuts Drive the Next Decade of Debt
    10. $3 Trillion Tab for Unfunded Wars Remains Unpaid


    10 Inconvenient Truths About the Debt Ceiling | Crooks and Liars
     
  2. sparky
    Offline

    sparky VIP Member

    Joined:
    Oct 19, 2008
    Messages:
    3,327
    Thanks Received:
    324
    Trophy Points:
    83
    Location:
    paradise
    Ratings:
    +341
    One potato, two potato, three potato, four,
    five potato, six potato, seven potato more.
    Icha bacha, soda cracker,
    Icha bacha boo.
    Icha bacha, soda cracker, out goes Y-O-U!

    [​IMG]
     
  3. hortysir
    Offline

    hortysir In Memorial of 47

    Joined:
    Apr 30, 2010
    Messages:
    20,459
    Thanks Received:
    4,027
    Trophy Points:
    270
    Location:
    Lakeland, FL
    Ratings:
    +6,296
    1. How does the debt ceiling relate to defaulting on our debts?

    By not borrowing more money we are merely assuring that our debts are paid FIRST.
    Who has proposed default??
     
  4. Truthseeker420
    Offline

    Truthseeker420 Gold Member

    Joined:
    Mar 30, 2011
    Messages:
    10,365
    Thanks Received:
    980
    Trophy Points:
    138
    Location:
    Home of the 2013 BCS National Champion
    Ratings:
    +1,026
    They swallowed everthing Bush Bush put in their mouth and if you didn't you were a terrorist.
     
  5. Truthseeker420
    Offline

    Truthseeker420 Gold Member

    Joined:
    Mar 30, 2011
    Messages:
    10,365
    Thanks Received:
    980
    Trophy Points:
    138
    Location:
    Home of the 2013 BCS National Champion
    Ratings:
    +1,026
    federal tax receipts do not match the debt and thanks to Republicans giving corporations free rides it can't even pay the interest on the debt.
     
  6. iamwhatiseem
    Offline

    iamwhatiseem Gold Member

    Joined:
    Aug 19, 2010
    Messages:
    14,822
    Thanks Received:
    3,114
    Trophy Points:
    260
    Location:
    Virginia
    Ratings:
    +6,101
    Because the debt payments are so large horty that we have to borrow money just to pay the interest.
    That's right.
     
  7. Samson
    Offline

    Samson Póg Mo Thóin Supporting Member

    Joined:
    Dec 3, 2009
    Messages:
    27,357
    Thanks Received:
    3,742
    Trophy Points:
    245
    Location:
    A Higher Plain
    Ratings:
    +4,210
    So, am I supposed to find an anti-Dem blog to ping-pong an opinion off this post because you obviously didn't have the capacity to form a partisan rip of your own?

    Jon Perr, et al., will continue to be duped by the R vs D game: It's always the other guy's fault, and GAWD FORBID that a third party ever show up and call out bluff.
     
  8. Samson
    Offline

    Samson Póg Mo Thóin Supporting Member

    Joined:
    Dec 3, 2009
    Messages:
    27,357
    Thanks Received:
    3,742
    Trophy Points:
    245
    Location:
    A Higher Plain
    Ratings:
    +4,210
    Dems had the Presidency, House, and Senate for TWO YEARS and did nothing about "giving corporations free rides," but that's R's fault?

    Another partisan moron.
     
    • Thank You! Thank You! x 1
  9. spectrumc01
    Offline

    spectrumc01 I give you....the TRUTH

    Joined:
    Feb 9, 2011
    Messages:
    1,823
    Thanks Received:
    257
    Trophy Points:
    48
    Location:
    The United States
    Ratings:
    +260
    Corporations spend millions of dollars on elections buying the votes of both republicans and democrats alike. Both parties work for the corporations not the people. When it comes to this situation The Republicans throw the people under the bus faster and without excuses. They openly embrace the fact that they support corporations over the people. Democrats, when possible try to lessen the corporate impact on the people. They still throw us under the bus but feet first instead of head first. The only choice you have is when it comes to supreme court nominations, we vote Democrat because they put liberal judges on the court who tend to side against big business which is our only weapon against them (corporations). Republicans on the other hand pack it with conservative judges who embrace corporations and also throw the people under the bus.
     
  10. Samson
    Offline

    Samson Póg Mo Thóin Supporting Member

    Joined:
    Dec 3, 2009
    Messages:
    27,357
    Thanks Received:
    3,742
    Trophy Points:
    245
    Location:
    A Higher Plain
    Ratings:
    +4,210
    Really, is that so?

    When was the last Supreme Court decision that sided "against big business?"
     
Thread Status:
Not open for further replies.

Share This Page