Page 3 of 11 FirstFirst 12345 ... LastLast
Results 21 to 30 of 109

Thread: Palin dismisses Geithner warnings about debt ceiling

  1. #21
    Mod Conspiracy Theorist
    rocket88's Avatar
    Join Date
    Mar 2011
    Location
    A very blue state
    Last Seen
    Today @ 02:25 PM
    Gender
    Lean
    Independent
    Posts
    31,179

    Re: Palin dismisses Geithner warnings about debt ceiling

    Quote Originally Posted by American View Post
    Since you're so ****ing smart, why don't you run for President?
    So what does happen to the economy when government bonds collapse? These bonds are owned by someone, usually an investor. Think that when their investments evaporate they'll be hiring people?

    Want to see what happens to a country when you can't trust them to repay their debt? Greece and Zimbabwe are nice this time of year.

  2. #22
    Banned
    Join Date
    May 2011
    Location
    Huntsville, AL
    Last Seen
    03-03-17 @ 10:28 AM
    Gender
    Lean
    Conservative
    Posts
    13,813

    Re: Palin dismisses Geithner warnings about debt ceiling

    Quote Originally Posted by rcart76 View Post

    What the hell is wrong with this chick !!!!! Every economist will tell that the debt ceiling deadline shouldn't be f*** with.
    Really? Every economist? LOL.
    I read the article and she has a great point. Tax cheat Tim has said the sky is falling before. Besides, if we don't raise the debt ceiling the alternative to default is to cut government spending. And that sounds pretty darned good to me.

  3. #23
    Banned
    Join Date
    May 2011
    Location
    Huntsville, AL
    Last Seen
    03-03-17 @ 10:28 AM
    Gender
    Lean
    Conservative
    Posts
    13,813

    Re: Palin dismisses Geithner warnings about debt ceiling

    Quote Originally Posted by xpiher View Post
    who cares what Palin thinks, she not an economist. Even Austrian economist don't want the US to default.
    Do you think there is a relationship between not enabling this one term president Obama to continue to spend money we do not have and a default on our interest payments? We collect more than two trillion dollars. We spend nearly four. The one term president Obama and the Reid/Pelosi monster just might be done.

  4. #24
    Banned
    Join Date
    Nov 2009
    Location
    melbourne florida
    Last Seen
    09-24-15 @ 12:15 AM
    Gender
    Lean
    Very Conservative
    Posts
    13,156

    Re: Palin dismisses Geithner warnings about debt ceiling

    Quote Originally Posted by rocket88 View Post
    Missing the point again as always I see?

    It's not about discretionary spending, it's about paying the debts we're already committed to. If the debt ceiling isn't raised, the government can't pay their bonds back. US Government bonds are pretty much viewed as the absolute safest investment the world over. If they go South, what do you think happens to the economy? If you think it's bad now, you ain't seen nothing yet.

    Even talking about the possibility of the debt ceiling not being raised is why stocks have been taking a dive recently. It's why the economic news has been unpleasant of late. As usual, Palin is utterly clueless.
    If you keep raising it the spending will not stop. Obama needs to be shown no more money no more spending

  5. #25
    Banned
    Join Date
    May 2011
    Location
    Huntsville, AL
    Last Seen
    03-03-17 @ 10:28 AM
    Gender
    Lean
    Conservative
    Posts
    13,813

    Re: Palin dismisses Geithner warnings about debt ceiling

    Quote Originally Posted by rocket88 View Post
    It's not about discretionary spending, it's about paying the debts we're already committed to. If the debt ceiling isn't raised, the government can't pay their bonds back.
    Why not? The government will wrest more than two trillion dollars from the productive people in our society. Is the interest more than two trillion dollars?

    Quote Originally Posted by rocket88 View Post
    US Government bonds are pretty much viewed as the absolute safest investment the world over. If they go South, what do you think happens to the economy? If you think it's bad now, you ain't seen nothing yet.
    The government is unsound. Therefore the promise to pay is unsound.

    Quote Originally Posted by rocket88 View Post
    . . .It's why the economic news has been unpleasant of late. As usual, Palin is utterly clueless.
    Do you think the one term president Obama's childish policies might have some small role in this?

  6. #26
    Banned
    Join Date
    Nov 2009
    Location
    melbourne florida
    Last Seen
    09-24-15 @ 12:15 AM
    Gender
    Lean
    Very Conservative
    Posts
    13,156

    Re: Palin dismisses Geithner warnings about debt ceiling

    Quote Originally Posted by Misterveritis View Post
    Really? Every economist? LOL.
    I read the article and she has a great point. Tax cheat Tim has said the sky is falling before. Besides, if we don't raise the debt ceiling the alternative to default is to cut government spending. And that sounds pretty darned good to me.
    Does he mean these economists

    National Taxpayers Union - 150 Economists Say Debt Limit Must be Accompanied by Reforms

  7. #27
    Slayer of the DP Newsbot
    danarhea's Avatar
    Join Date
    Aug 2005
    Location
    Houston, TX
    Last Seen
    Today @ 01:19 PM
    Gender
    Lean
    Conservative
    Posts
    39,756

    Re: Palin dismisses Geithner warnings about debt ceiling

    Quote Originally Posted by Jaaaman View Post
    Rcart... here is a simple comparison. If you are maxed out on your credit cards, have a mortgage and car payments, and are spending more than you earn, see what happens when you walk into a bank and ask to increase your credit limits and loan amounts. Which one will cause you to leave the bank faster, the security escort, or the humiliation of being laughed out of the bank?

    And Sarah Palin is hardly the only politician who believes raising the debt ceiling is a bad idea. You're just trying to get in another quick Sarah Palin bash.
    In going with your analogy, if my wife falls down and breaks her leg, I get her to a hospital immediately, and worry about how I am going to pay for it later.
    The ghost of Jack Kevorkian for President's Physician: 2016

  8. #28
    Banned
    Join Date
    May 2011
    Location
    Huntsville, AL
    Last Seen
    03-03-17 @ 10:28 AM
    Gender
    Lean
    Conservative
    Posts
    13,813

    Re: Palin dismisses Geithner warnings about debt ceiling

    Quote Originally Posted by ptif219 View Post
    Somehow I don't think so. Some people can be saved from themselves. Others, perhaps not. :-)

  9. #29
    Guru
    Councilman's Avatar
    Join Date
    Apr 2009
    Location
    Riverside, County, CA.
    Last Seen
    11-04-11 @ 10:16 PM
    Gender
    Lean
    Conservative
    Posts
    4,454
    Blog Entries
    10

    Re: Palin dismisses Geithner warnings about debt ceiling

    What we need is a real dose of voodoo economics Reagan style because it was the positive as much as anything that turned us around from the failed Carter years.

    I have said it repeatedly that it's what people feel about the future that fuels our economy.

    Taxing more stifles,and spending what we don't have, along with causing fuel prices to Skyrocket as Obama said that fuels the inflation we now suffer from.

    As i have said Palin scares hell out of Liberal because she has forced big Oil to pay more to the State of Alaska, and it caused some in her own party to to file BS charges against her, because they were in bed with Big Oil.

    Sarah is attacked she knows what she is doing and fears no one as I see it.

    Liberals have been forced to go on blind unsubstantiated attacks, because once again dealing with facts and the truth is more than they can deal with.

    If at first you don't succeed lie your ass off, and when that doesn't work make up BS, and stick with it in the hope that if you tell people a lie often enough they will eventually believe it.

    I believe it was a Hitler tactic. But most of us are on to it.

    Most of us know what we are talking about because we have reading comprehension skills that baffle others it seems.


    So keep up the lies and attacks and keep looking foolish and we will keep pointing out a lack of mental acuity, as I often do.

    If the shoe won't fit please dosn't put it on.

    I found that it was better not to ask a professor a question, and have people think I was stupid instead of asking a stupid question and proving it to everyone.

  10. #30
    Banned
    Join Date
    May 2011
    Location
    Huntsville, AL
    Last Seen
    03-03-17 @ 10:28 AM
    Gender
    Lean
    Conservative
    Posts
    13,813

    Re: Palin dismisses Geithner warnings about debt ceiling

    Quote Originally Posted by danarhea View Post
    In going with your analogy, if my wife falls down and breaks her leg, I get her to a hospital immediately, and worry about how I am going to pay for it later.
    The analogy only holds if you intend to do the same thing every day for the rest of time.
    Otherwise, not so much...

Page 3 of 11 FirstFirst 12345 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •