Debt Ceiling Deadline - August 2nd

Discussion in 'Free Speech Alley' started by mobius481, Jul 11, 2011.

Page 21 of 55
  1. SabanFan

    SabanFan The voice of reason

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    Because it would limit their spending.
     
    SabanFan, Jul 25, 2011
    #201
  2. Rwilliams

    Rwilliams Veteran Member

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    Everyone should favor a bba. I can't believe the press isn't calling out the dems on this. Wait, the press is pro democrat and Obama. Obama doesn't want his hands tied incase he wins reelection. A bba would limit the damage he could do. I got it.
     
    Rwilliams, Jul 25, 2011
    #202
  3. red55

    red55 curmudgeon Staff Member

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    They can't get their entire agenda! Nobody does! Obama has given up $Trillions in spending cuts and the GOP must give up some taxes.
     
    red55, Jul 25, 2011
    #203
  4. red55

    red55 curmudgeon Staff Member

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    The republicans can't pass a Constitutional Amendment on a whim. Get real. They don;t have the Senate or the WHite House. It would have to be ratified by the states, anyway. These things take years to get done. It's just a political grandstand. If the GOP gets back into office the last thing they will want to deal with is a balanced budget, because they will have to slash social security and medicare to do it and they will be voted out of office. They know it will be a long slow process to get the budget balanced.
     
    red55, Jul 25, 2011
    #204
  5. Rex_B

    Rex_B Geaux Time

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    Of course it is artificial. Can you set YOUR OWN credit limit? I think not. If you don't increase it you can't borrow anymore. Thus you pay your bills you have and get rid of crap you don't need. Including assets.

    Printing money = increase in money supply = devaluation of the dollar. Where the heck you get that means borrowing more I have no clue.

    The taxes aren't the problem. And temporary this and temporary that. What taxes are now are what they are. You change them for the better or worse that is what they become then.

    Tax cuts are a good thing for EVERYBODY. Not just the rich. Change some of the code to stop the investment income or capital gains. Sure. But rates need to be low. People need to save and companies/wealthy need to invest capital. That is how you create jobs. THE GOVT CAN'T.
     
    Rex_B, Jul 25, 2011
    #205
  6. Rex_B

    Rex_B Geaux Time

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    Trillions my ass. Over what 10 years that can't be enforced down the road. You sound like Reagan now. $3 spending cuts for $1 spending. Yah that worked out.
     
    Rex_B, Jul 25, 2011
    #206
  7. LaSalleAve

    LaSalleAve when in doubt, mumble

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    You better watch out with all that Reagan insulting. I will not put up with it.
     
    LaSalleAve, Jul 25, 2011
    #207
  8. Rex_B

    Rex_B Geaux Time

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    Reagan sucked. All talk.
     
    Rex_B, Jul 25, 2011
    #208
  9. red55

    red55 curmudgeon Staff Member

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    It has real consequences, none of which will be pleasant or necessary.

    You have no clue if you think that the Treasure is "printing money" that is not backed by assets or treasury notes. They have to sell treasury notes to back the cash.

    This is a childs view.

    Not if they are too low to pay the bills.
     
    red55, Jul 25, 2011
    #209
  10. red55

    red55 curmudgeon Staff Member

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    Who says? Limbaugh? :lol:
     
    red55, Jul 25, 2011
    #210
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