Should We Jack The Debt Limit ?

[Duped]

You see if you did really understand it like you claim to you would already know it would be really dumb to default

People claim bankruptcy all the time because they deem it to be the best choice. If your options are total collapse or default - would default be the better choice?

 

[Truthmatters]

reagan could have used his veto pen like Clinton did

 

[Luddly Neddite]

Your disability must really hamper you in life. So sorry.

I'll take your non-answer as you admitting you're wrong and have no other bullshit to spew.

You are incorrect.

I do not support not paying down the debt, and your claims that I do are pure sophistry.

Apples and oranges.

"paying down the debt"

IS NOT

related to raising or not raising the debt limit.

 

[Truthmatters]

You see if you did really understand it like you claim to you would already know it would be really dumb to default

People claim bankruptcy all the time because they deem it to be the best choice. If your options are total collapse or default - would default be the better choice?

If you default you will not get to barrow any more money and then you cant fund the military.

what do you do then?

 

[Duped]

I understand full well the mechanics involved. Stop beating around the bush. If we were on a path of continued borrowing, would it make since to default? If financial collapse comes we will have no credit!

Do you understand that raising the debt ceiling IS NOT "continued borrowing"??

they always pretend they understand it all but say such silly things which PROVE they dont know what they are talking about

Do you understand that if you default you will not have the credit to borrow more?

 

[Truthmatters]

and then you dont have the money to fund the military for the next year.

Are you catching on yet?

 

[Duped]

You see if you did really understand it like you claim to you would already know it would be really dumb to default

People claim bankruptcy all the time because they deem it to be the best choice. If your options are total collapse or default - would default be the better choice?

If you default you will not get to barrow any more money and then you cant fund the military.

what do you do then?

You live within your means - ever heard of that?

 

[Truthmatters]

They look at what we need to run for goverment and then barrow what we dont have in the bank.

Then they have the funds to fund everything the next year.

If you dont raise it you dont have any money to run what you need.

 

[SniperFire]

reagan could have used his veto pen like Clinton did

Take responsibility for once in your sad life.

 

[Truthmatters]

People claim bankruptcy all the time because they deem it to be the best choice. If your options are total collapse or default - would default be the better choice?

If you default you will not get to barrow any more money and then you cant fund the military.

what do you do then?

You live within your means - ever heard of that?

and then what will happen to our economy?

 

[Truthmatters]

It will tank and you will have NO revenue the next year and the next year and the next year and on and on and on

 

[mudwhistle]

What the tea party did by playing with our credit rating was completely unprecidented and idiotic

You're really confused.

 

[Luddly Neddite]

I understand full well the mechanics involved. Stop beating around the bush. If we were on a path of continued borrowing, would it make since to default? If financial collapse comes we will have no credit!

Do you understand that raising the debt ceiling IS NOT "continued borrowing"??

they always pretend they understand it all but say such silly things which PROVE they dont know what they are talking about

Nor do they want to know.

They want to blame Obama for everything and that's easier if they're ignorant.

 

[Truthmatters]

defaulting on the debt is suicide

 

[Duped]

and then you dont have the money to fund the military for the next year.

Are you catching on yet?

Do you think it is possible for our country to owe more than we can pay - are you catching on? I have beed trying to get one liberal to acknowledge
that we can borrow more than we can pay back. Do you think that is possible?

 

[SniperFire]

defaulting on the debt is suicide

We have plenty of cash flow to pay the Nation's debt.

 

[Luddly Neddite]

You see if you did really understand it like you claim to you would already know it would be really dumb to default

People claim bankruptcy all the time because they deem it to be the best choice. If your options are total collapse or default - would default be the better choice?

This is proof of two things.

One is that you don't have a clue what would happen if we defaulted on our debts.

Second is that this is exactly what the R wants - our country in total collapse, total failure.

If you rw's hate the US this much, why are you here?

 

[mudwhistle]

defaulting on the debt is suicide

So who does Obama steal the money from?

You and me.

Printing money is theft.

Raising taxes is another form of theft.

Raising taxes on the rich won't even pay the interest on the debt.

 

[Truthmatters]

S&P downgrades U.S. credit rating - Aug. 5, 2011

 

[Luddly Neddite]

What the tea party did by playing with our credit rating was completely unprecidented and idiotic

You're really confused.

Your posts on the first two pages show that you don't know what the debt ceiling is either.