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Thread: As Debt Limit Reached, Agreement Still Far Off .

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    Re: As Debt Limit Reached, Agreement Still Far Off .

    Quote Originally Posted by tessaesque View Post
    There was plenty of time and the dems didn't come to the table. They've been talking about this for weeks, proposals have been made, an effort was put forth and the dems in the Senate (particularly) did little to nothing. I've read countless articles about republicans meeting with the president, but not with the dems in the house and senate. Why aren't the dems coming to the table?
    There is nothing to come to the table over. If we got rid of every single program that the US has, we would still need to raise the debt ceiling to pay for what we already borrowed. We owe this money. We need to pay it. While I would probably agree that some things need to be cut, this is neither the time nor place to argue it. We OWE for what we ALREADY borrowed.

    Here is an analogy to what the GOP is attempting to shovel at the rest of us. The analogy is me. A while back, my credit card companies raised the interest rate on my cards, and made that rate retroactive to past purchases. IMHO, that was wrong. So I can demand that the credit card companies eliminate the increase for past purchases, or I will default on the debt I already legally owe. If I do that, then I am in a crapload of financial trouble. Same thing here. The US owes this money, and is responsible for paying it, no matter what transpires in the way of cost reduction in the future. What Republicans demand now is either change the way we do future expenditures, WITHOUT ANY DEBATE WHATSOEVER, or they are going to set our economy on fire, economic arson, so to speak. This speaks directly to the dishonesty of the demands that the GOP are making at this time. Like I said, now is not the time to threaten to crash and burn the economy. And like I said, if the GOP wants to act like babies and brats, let them do it on their own damn dime, not that of our country.
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    Re: As Debt Limit Reached, Agreement Still Far Off .

    Quote Originally Posted by tessaesque View Post
    There was plenty of time and the dems didn't come to the table. They've been talking about this for weeks, proposals have been made, an effort was put forth and the dems in the Senate (particularly) did little to nothing. I've read countless articles about republicans meeting with the president, but not with the dems in the house and senate. Why aren't the dems coming to the table?
    i think dana said it well.

    Originally Posted by johnny_rebson:

    These are the same liberals who forgot how Iraq attacked us on 9/11.


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    Re: As Debt Limit Reached, Agreement Still Far Off .

    Quote Originally Posted by shades View Post
    WHEN is the time libby, after you're all set?
    what does that mean? we have to pay our debt. ergo, we have to raise the ceiling, now.

    Originally Posted by johnny_rebson:

    These are the same liberals who forgot how Iraq attacked us on 9/11.


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    Re: As Debt Limit Reached, Agreement Still Far Off .

    Quote Originally Posted by liblady View Post
    we also cannot default on our loans. right now, the republicans are grandstanding and hoping to make points for 2012. it ain't gonna work.
    and the Dems are bastions of honesty and fair play.. we know, we know

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    Re: As Debt Limit Reached, Agreement Still Far Off .

    Quote Originally Posted by Whovian View Post
    and the Dems are bastions of honesty and fair play.. we know, we know
    Has nothing to do with accusations from either side that the other side isn't fair. It has everything to do with "we owe money NOW, so are we going to pay it?".
    The ghost of Jack Kevorkian for President's Physician: 2016

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    Re: As Debt Limit Reached, Agreement Still Far Off .

    Quote Originally Posted by danarhea View Post
    There is nothing to come to the table over. If we got rid of every single program that the US has, we would still need to raise the debt ceiling to pay for what we already borrowed. We owe this money. We need to pay it. While I would probably agree that some things need to be cut, this is neither the time nor place to argue it. We OWE for what we ALREADY borrowed.

    Here is an analogy to what the GOP is attempting to shovel at the rest of us. The analogy is me. A while back, my credit card companies raised the interest rate on my cards, and made that rate retroactive to past purchases. IMHO, that was wrong. So I can demand that the credit card companies eliminate the increase for past purchases, or I will default on the debt I already legally owe. If I do that, then I am in a crapload of financial trouble. Same thing here. The US owes this money, and is responsible for paying it, no matter what transpires in the way of cost reduction in the future. What Republicans demand now is either change the way we do future expenditures, WITHOUT ANY DEBATE WHATSOEVER, or they are going to set our economy on fire, economic arson, so to speak. This speaks directly to the dishonesty of the demands that the GOP are making at this time. Like I said, now is not the time to threaten to crash and burn the economy. And like I said, if the GOP wants to act like babies and brats, let them do it on their own damn dime, not that of our country.
    The US is spending several billion dollars a day with money it doesn't have. They were depending on the Chinese for a while but in fact the Chinese won't lend the US any more money either. No country in the world would be foolish enough to lend the US money! Yet the answer seems to borrow still more money to fix the delicate economy. It's a delicate economy because Americans have forgotten how to balance a budget or, in Obama's case, even present a budget.

    It's hard to believe that the Americans were at one time the most astute people, economically, in the world.

    A general summing up.

    Mark Steyn: Who will restore reality to politics? - Orange County Register

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    Re: As Debt Limit Reached, Agreement Still Far Off .

    Quote Originally Posted by danarhea View Post
    Has nothing to do with accusations from either side that the other side isn't fair. It has everything to do with "we owe money NOW, so are we going to pay it?".
    No, you are not going to pay it. You cannot pay it and the American people, like the Western Europeans, are not prepared to make any sacrifices in order to pay it. That's just the way it is. Instead you will have inflation and increased unemployment.

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    Re: As Debt Limit Reached, Agreement Still Far Off .

    Quote Originally Posted by Grant View Post
    The US is spending several billion dollars a day with money it doesn't have. They were depending on the Chinese for a while but in fact the Chinese won't lend the US any more money either. No country in the world would be foolish enough to lend the US money! Yet the answer seems to borrow still more money to fix the delicate economy. It's a delicate economy because Americans have forgotten how to balance a budget or, in Obama's case, even present a budget.

    It's hard to believe that the Americans were at one time the most astute people, economically, in the world.

    A general summing up.

    Mark Steyn: Who will restore reality to politics? - Orange County Register
    It's not a matter of borrowing. It's a matter of paying what we already owe. Would you have the United States of America be a deadbeat?
    The ghost of Jack Kevorkian for President's Physician: 2016

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    Re: As Debt Limit Reached, Agreement Still Far Off .

    Quote Originally Posted by danarhea View Post
    This is not the time for political ideologues and a "my way or the highway" approach. The economic health of the United States of America is at stake here, and while the US scrambles in a battle to avoid default on the debt, a battle which is uncertain, I consider whoever fiddles while our economy burns to be traitors.

    Right now, this has turned into a battle between Wall Street and the crazies who have hijacked the Republican Party. The way I see it, if Republicans want to destroy their own party, they are on the right track to do it. But destroying America's economy, because they are not getting what they want at this time, is a morally reprehensible act, which will have dire consequences. Time to be responsible. If you (and I am talking to the jihad wing of the GOP here) want to act like babies and brats, you should do it on your own dime, and not that of your country. Just agree to raise the debt limit, and then feel free to engage in your ideological war later, during the 2012 election campaign. This is neither the time nor the place for it.

    Article is here.
    The irony is breathtaking.
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

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    Re: As Debt Limit Reached, Agreement Still Far Off .

    Quote Originally Posted by danarhea View Post
    It's not a matter of borrowing. It's a matter of paying what we already owe. Would you have the United States of America be a deadbeat?

    do you have any idea how this works, is is your credit card analogy the depth of your knowledge.

    raise the debt ceiling you say, you think we write a check, put money in an envelope
    what the GOP is saying is take some of the money you are about to spend, and use that to pay the debt...

    what dont you understand about that?

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