Lower the Debt Ceiling

Discussion in 'Economy' started by Kevin_Kennedy, Jul 29, 2011.

  1. Kevin_Kennedy
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    Kevin_Kennedy Defend Liberty

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    Lower the Debt Ceiling - Mark Thornton - Mises Daily
     
  2. waltky
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    waltky Wise ol' monkey Supporting Member

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    Haven't they talked this thing into the ground enough already??...
    :eusa_eh:
    Vote on US debt deal delayed to allow more talks
    30 July 2011 - A test vote in the US Senate on a Democrat plan to increase the US debt limit has been delayed.
     
  3. logical4u
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    logical4u citizen

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    This seems to be the new "theme" for suckering Americans into allowing congress to ruin the country.

    We can take a small bitter pill now or we can wait til later and eat shit for years.
     
  4. waltky
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    waltky Wise ol' monkey Supporting Member

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    Now dat dat's settled, Granny so glad she gonna get her social security so she can buy more Halliburton stock...
    :eusa_eh:
    It's a deal: Obama, Congress will avert default
    Jul 31,`11 WASHINGTON (AP) -- Ending a perilous stalemate, President Barack Obama and congressional leaders announced agreement Sunday night on an emergency deal to avoid to avert the nation's first-ever financial default. The arrangement would cut more than $2 trillion from federal spending over a decade.
     
  5. ShackledNation
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    ShackledNation Libertarian

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    Excellent article. I actually read it a while ago.
     
  6. waltky
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    waltky Wise ol' monkey Supporting Member

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    Granny says somebody gonna take it to the Supreme Court an' dem activist judges gonna muck it all up...
    :eusa_eh:
    Under the U.S. Supreme Court: Can Obama raise the debt limit by himself?
    July 31, 2011 WASHINGTON, July 31 (UPI) -- The dance of raising the U.S. debt limit has gone on for weeks, with President Obama and Republicans circling each other like Sharks and Jets. But can the president use the Constitution to raise the debt limit by himself to avoid economic disaster?
     
  7. The_GiantNoodle
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    The_GiantNoodle Member

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    What do you find "excellent" regarding the editorial?
     
  8. ShackledNation
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    ShackledNation Libertarian

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    The idea of lowering the debt ceiling. Lol.
     

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