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

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    As Debt Limit Reached, Agreement Still Far Off .

    The U.S. government is expected to hit the $14.294 trillion debt ceiling Monday, setting in motion an uncertain, 11-week political scramble to avoid a default.

    The Treasury Department plans to announce Monday it will stop issuing and reinvesting government securities in certain government pension plans, part of a series of steps designed to delay a default until Aug. 2.
    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.
    Last edited by danarhea; 05-16-11 at 02:27 PM.
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    Re: As Debt Limit Reached, Agreement Still Far Off .

    I don't think it's an ideological war. I think it's essential practice. We can't just keep making snap decisions, pushing things through because of impending doom. We have to make hard decisions and we have to make them before we agree to further debt. You can't buy a house and then decide how to budget for the mortgage payment. The government can't keep deciding to increase it's debt load without making a budget to pay it back. We've done that over and over again and it hasn't made things any better. Accountability needs to be made mandatory, and if we have to hold the debt ceiling hostage to make people compromise then perhaps that's what we should do. I would have encouraged the dems to do the same thing if they had taken that initiative the last time this vote came up....but they didn't.
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    Re: As Debt Limit Reached, Agreement Still Far Off .

    Quote Originally Posted by tessaesque View Post
    I don't think it's an ideological war. I think it's essential practice. We can't just keep making snap decisions, pushing things through because of impending doom. We have to make hard decisions and we have to make them before we agree to further debt. You can't buy a house and then decide how to budget for the mortgage payment. The government can't keep deciding to increase it's debt load without making a budget to pay it back. We've done that over and over again and it hasn't made things any better. Accountability needs to be made mandatory, and if we have to hold the debt ceiling hostage to make people compromise then perhaps that's what we should do. I would have encouraged the dems to do the same thing if they had taken that initiative the last time this vote came up....but they didn't.
    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.

    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 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.
    So then its YOUR way or the highway?
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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.
    Neither is just passing a bill and hoping we get to discuss the hard stuff later. By and large, if somebody has the balls to step up and do something to fix things in the long term they are going to take a huge hit in the short term. Which ever party is "blamed" with making those tough decisions will be the party who stays out of power until the benefits of those decisions start to be made clear. If the idiot vote is won by grandstanding let it happen, it'll be lost that way, too.

    It's time to buckle down and swallow the medicine already. Serious talks and legislation need to be had and created yesterday to address entitlements, budgets, unnecessary/redundant departments and government employees, etc. Hard, unpopular decisions must be made. If this is what it takes then do it. But don't flip-flop when your bluff is called, ya know? Take a hard line and walk it, wherever it leads.
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    Re: As Debt Limit Reached, Agreement Still Far Off .

    Quote Originally Posted by Lachean View Post
    So then its YOUR way or the highway?
    Nope, not at all. We can argue over ideology any time, but not here, where the economic well being of the United States is at stake. And make no mistake, it is the GOP that is attempting to hold America as a hostage here.
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    Re: As Debt Limit Reached, Agreement Still Far Off .

    Quote Originally Posted by tessaesque View Post
    Neither is just passing a bill and hoping we get to discuss the hard stuff later. By and large, if somebody has the balls to step up and do something to fix things in the long term they are going to take a huge hit in the short term. Which ever party is "blamed" with making those tough decisions will be the party who stays out of power until the benefits of those decisions start to be made clear. If the idiot vote is won by grandstanding let it happen, it'll be lost that way, too.

    It's time to buckle down and swallow the medicine already. Serious talks and legislation need to be had and created yesterday to address entitlements, budgets, unnecessary/redundant departments and government employees, etc. Hard, unpopular decisions must be made. If this is what it takes then do it. But don't flip-flop when your bluff is called, ya know? Take a hard line and walk it, wherever it leads.
    there is no time right now to flesh out anything comprehensive and bipartisan. as i posted, grandstanding.

    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
    there is no time right now to flesh out anything comprehensive and bipartisan. as i posted, grandstanding.
    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?
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    Re: As Debt Limit Reached, Agreement Still Far Off .

    Quote Originally Posted by danarhea View Post
    Nope, not at all. We can argue over ideology any time, but not here, where the economic well being of the United States is at stake. And make no mistake, it is the GOP that is attempting to hold America as a hostage here.
    that would actually be funny if it wasnt sad.

    The GOP is making a lot of sense to a lot of people.
    We have all heard this impending doom scenario over and over, for once someone has a solution.
    It may not be a FIX ALL, but its nt kicking the can down the road.

    Its time for some tough love.
    and in case you havnt noticed, the "economic well being" of this country that you mention being at stake, doesnt look good under the status quo.
    You want o pass it along to the next administration, then YOU do that.. have kids do you?

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

    Quote Originally Posted by liblady View Post
    there is no time right now to flesh out anything comprehensive and bipartisan. as i posted, grandstanding.
    WHEN is the time libby, after you're all set?

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