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Thread: US debt jumps a record $328 Billion

  1. #11
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    Re: US debt jumps a record $328 Billion

    Quote Originally Posted by Summerwind View Post
    We had 15 days of payments to make in one day, no duh this happened. You guys were warned that shutting down the gov't could cost taxpyers up to 700 billion and yet you said it fine. Don't blame this on Obama, the extreme-ness of it all falling on one day, and added expenses that make it even higher than it would have been, is all on the heads of Cruz and Co.
    Bull****, this is on Obama and his handouts to future constituents. Anyone that is for this crap does not care about their children or grandchildren

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    Re: US debt jumps a record $328 Billion

    Is it a coincidence that the only people who support or don't understand this are the people with no money in their bank account and no room left on their credit cards?

  3. #13
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    Re: US debt jumps a record $328 Billion

    Quote Originally Posted by sookster View Post
    Bah. The treasury can just print money. It doesn't borrow.


    It can, and does BOTH. What part of "federal debt" don't you understand?
    Who chimes "No Absolutes!" chimes absolutely.

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    Re: US debt jumps a record $328 Billion

    Quote Originally Posted by Rocketman View Post
    Bull****, this is on Obama and his handouts to future constituents. Anyone that is for this crap does not care about their children or grandchildren
    No, seriously, this is what happens when you have 15 days of payments to make in one day. Did you think all those bills that came up after we hit the debt limit just ****ing went away?
    He touched her over her bra and underpants, she says, and guided her hand to touch him over his underwear
    Quote Originally Posted by Lutherf View Post
    We’ll say what? Something like “nothing happened” ... Yeah, we might say something like that.

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    Re: US debt jumps a record $328 Billion

    Quote Originally Posted by ocean515 View Post
    The remarkable thing was the $328 billion represents money the Treasury borrowed via "extraordinary measures", to avoid hitting the debt limit.

    So the Treasury borrowed $328 billion to avoid hitting the borrowing limit.



    So does that go on last year's tab or this year's tab?

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    Re: US debt jumps a record $328 Billion

    Quote Originally Posted by Deuce View Post
    No, seriously, this is what happens when you have 15 days of payments to make in one day. Did you think all those bills that came up after we hit the debt limit just ****ing went away?
    So the federal government is on a $20billion/day bender? At that rate they will spend nearly $8 trillion this year....

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    Re: US debt jumps a record $328 Billion

    Quote Originally Posted by jmotivator View Post
    So the federal government is on a $20billion/day bender? At that rate they will spend nearly $8 trillion this year....
    edit:
    Turns out I was wrong. It's not 15 days.

    It was five months.
    He touched her over her bra and underpants, she says, and guided her hand to touch him over his underwear
    Quote Originally Posted by Lutherf View Post
    We’ll say what? Something like “nothing happened” ... Yeah, we might say something like that.

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    Re: US debt jumps a record $328 Billion

    Quote Originally Posted by Deuce View Post
    edit:
    Turns out I was wrong. It's not 15 days.

    It was five months.

    I was making fun of your error. See my first post: Will this be counted against last year's deficit?

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    Re: US debt jumps a record $328 Billion

    Quote Originally Posted by sookster View Post
    Bah. The treasury can just print money. It doesn't borrow.
    but printing money causes inflation, and too much inflation is bad.
    Education.

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    Re: US debt jumps a record $328 Billion

    Quote Originally Posted by The Mark View Post
    but printing money causes inflation, and too much inflation is bad.
    Printing money does not cause inflation if you are printing money directly to the central bank.
    Last edited by sookster; 10-19-13 at 01:17 AM.

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