GOP Mantra: "Lose 700,000 Jobs Today! Lose 700,000 Jobs Tomara! Lose 700,000 . . ."

The public debt of the United States is also held by individuals. The failure to raise the debt ceiling makes any of that held by individuals more worthless. The United States would have to find some other lender of last resort--at mega-bucks interest: Of a giant trash bin in which to place it all.

Who Owns The U.S. National Debt?

"Crow, James Crow: Shaken, Not Stirred!"
(Maybe get many nations to buy back Manhattan--and raise all the rents!)
 
The debt ceiling was raised 7 times under George Bush and not a PEEP was ever heard from these GnOPers that now, because President Obama is in office, want to hold it hostage. Unbelievable...
 
The debt ceiling was raised 7 times under George Bush and not a PEEP was ever heard from these GnOPers that now, because President Obama is in office, want to hold it hostage. Unbelievable...

Actually maybe a single digit percentage of Rightwingers did not like Bush raising the debt but only a handful of them would speak out against their party.

One of the few things I like about Ron Paul.
A nut, but a man of his principles.
 
The Party of the Old, Fat White People--Cavorting About Naked On Other People's Yachts--Dumping Substance and Other Treasure Into the Sea: Does not intend those slip even to be paid as long as they are around.

Disaster scenarios if U.S. defaults on debt

There have been anecdotal defaults of the T-Bills in the past, and a general increase of federal borrowing costs was the outcome of even the few hour defaults. A Major downgrade of U. S. notes may call into question even whether anyone who sane and socialist should even part with their own money to them.

The falling dollar is costing the Socialist lenders, even now.

Notice that the increase of the federal debt ceiling is expected to be slowing until 2018, just a current levels.

A slow recovery is under way. The Party of Abraham Lincoln intends to kill it, leaving nothing of value to replace it.

"Crow, James Crow: Shaken, Not Stirred!"
(Many Nations Able To Offer Manhattan Even $0.10 on the dollar of value, at about 1970 levels. Always willing to lend. . .a hand!)
 
Even George Wallace really wasn't this stupid. Unlike Abe Lincoln, he could even make sure that the bullet didn't kill him.

So now standing in the doorways. of the federal House of Representatives is this, and not even by Hank Cochran who wrote it:

"Make the World, Go Away!"
"And get it off my Shoulders."
"Say the things you used to say'
"And make the world go away!"

Boehner means for businesses to have no more spending. Business to Boehner is not about businesses, spending at all, or having spending customers, in the stores.

The Party of Abraham Lincoln, only takes life away, and offers nothing in replacement.

There it goes again. There goes the Ayn Rand--Milton Friedman--Alan Greenspan concept again.

"Crow, James Crow: Shaken, Not Stirred!"
(Now White Eyes in Oval Office(?)--Not Cry so hard since the freeing of the slaves! NAACP seems to know this! Hawaya maybe not have have the problem--not from here(?)!)

Do you normally hit the meth this early in the day?
 
The debt ceiling was raised 7 times under George Bush and not a PEEP was ever heard from these GnOPers that now, because President Obama is in office, want to hold it hostage. Unbelievable...

And all Dems who voted against raising it, including Obama, are now solidly for raising it this time. Typical politics and why the Tea Party is going to get even stronger in the comming years.
 
Yeah... didn't the Obamster lecture us that raising the debt ceiling was a "failure of leadership"?
 
It is noted that 45% of the unemployed are now out of work 27 weeks or more. What is even more clear is that a lot of that is in skilled construction level trades. The further drag on low-skilled trades creates a non-paying lower income grouping--Able to create the mortgage crisis all-over-again.

So first there is the drag on even the skill level workers, coming out of the schools even now. Then there are the recent five years of graduates unable to complete the skill-certfications through any on-going apprenticeship programs--which now don't exist, and due to the downturn. Then there are the completely unskilled, reliant on more skilled-level people hiring them to avoid paying Social Security taxes on household employment.

Supposing any uptick in business activity--at a robust level--then skill level will be at premiums. In the event of default, the credit costs of paying those pay level premiums will have already soared through the stratosphere.

If no credit is available: Then nothing robust will happen.

The Party of Abraham Lincoln is famous for taking the lives of all the White People away, and offering nothing of value in replacement. That was attempted genocidal atrocity. The default scenario creates the equally lethal, but more slowly constrictive, inflationary environment that Boehner, Cantor, McConnell, Romney, Santorum, Paul-Paul, et. al., now intend.

Any of their people are up against it too: In any unlikely event.

"Crow, James Crow: Shaken, Not Stirred!"
(What Do They Know(?)! When Did They Know It(?)! Why Did They Do It(?!?)!")
 
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The Total Credit Market of the United States is about $54.0 tril. The federal deficit is only about 25% of that.

GOP clearly contends that the 25% of the Total Credit Market is wrong, sin, and evil. The GOP clearly contends that the other 75% of the Toal Credit Market is wrong, sin and evil.

It is the Party of Abraham Lincoln! It takes away the lives especially of white people and offers nothing of value in return!

Case in point: The South was allowed to keep the Confederate Money of the time.

"Crow, James Crow: Shaken, Not Stirred!"
(Lands of Many Nations now get repaid--from Many Squaws happy to know one-armed bandits!)
 

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