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Thread: Palin dismisses Geithner warnings about debt ceiling

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    Re: Palin dismisses Geithner warnings about debt ceiling

    Quote Originally Posted by DemonMyst View Post
    I notice your missing a link to article.. How typical..
    That is so funny. You are a liberal, right? That may be why you think you need an adult to hold your hand through the rough times. See post number 1.

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    Re: Palin dismisses Geithner warnings about debt ceiling

    Quote Originally Posted by rocket88 View Post
    . . . but threatening to default on the bonds is just plain irresponsible. It's bad for investors, business and the general economy.
    Who said default? Interest on the debt is about 30 billion per month. The federal government will take more than 2 trillion dollar from productive people this year. We do not need to default. But we do need to cut spending way back.

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    Re: Palin dismisses Geithner warnings about debt ceiling

    Quote Originally Posted by DemonMyst View Post
    I thought we were talking about debt?? Why must you people change the topic when you know you lost?? Sheesh!! Get a clue will you!! If you can't prove it wrong then you have nothing to say.. Have a nice day..
    When you get caught telling only half of the truth people are likely to correct you. Accept it for the good it will do you.

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    Re: Palin dismisses Geithner warnings about debt ceiling

    Quote Originally Posted by apdst View Post
    For the government to get the hell out of the way and let people get back to work and make money.
    Thats not a comprehensive economic policy. Thats a talking point.

    Quote Originally Posted by Misterveritis View Post
    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.
    The debt celling shouldn't be a political issue Almost every investor has treasury bonds, if you have a IRA chances are part of that is in T-notes. You know what happens when the gov defaults on its debt? You don't get money or you don't as much money for that T-note. When the debt celling is reached, the gov has to pick and choose who will and who won't get paid. You know what that means: furloughs, reneging on debt, taking away food stamps, delaying or giving out less social security checks, paying military personal less, etc

    Do you really want all this?


    Quote Originally Posted by Misterveritis View Post
    Mr. Clinton had the good fortune of a Republican congress.
    Clinton had the good fortune of having a RINO congress. If Clinton were president with this republican congress **** wouldn't have gotten done.

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    Re: Palin dismisses Geithner warnings about debt ceiling

    Quote Originally Posted by xpiher View Post
    The debt celling shouldn't be a political issue
    Of course it should be. Spending federal dollars is a political issue. How do you separate one from the other?

    Quote Originally Posted by xpiher View Post
    Almost every investor has treasury bonds, if you have a IRA chances are part of that is in T-notes. You know what happens when the gov defaults on its debt?
    Do you believe the government will default if we don't grant the one term president Obama the authority to spend even more money that we don't have?

    Quote Originally Posted by xpiher View Post
    You don't get money or you don't as much money for that T-note. When the debt celling is reached, the gov has to pick and choose who will and who won't get paid.
    All investments incur risk. I have lost everything once. I started a high tech company. My company failed after a bit more than two years. I took a risk. It did not pay off for me. Sometimes you lose.

    Quote Originally Posted by xpiher View Post
    You know what that means: furloughs, reneging on debt, taking away food stamps, delaying or giving out less social security checks, paying military personal less, etc...Do you really want all this?
    Yeah. If it has to happen to save the nation.
    Quote Originally Posted by xpiher View Post
    Clinton had the good fortune of having a RINO congress. If Clinton were president with this republican congress **** wouldn't have gotten done.
    The Contract with America was conservative, not liberal.

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    Re: Palin dismisses Geithner warnings about debt ceiling

    Quote Originally Posted by Misterveritis View Post

    Do you believe the government will default if we don't grant the one term president Obama the authority to spend even more money that we don't have?
    I believe the economy will be shaken to the core because either investors won't get paid or working people won't get paid.

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    Re: Palin dismisses Geithner warnings about debt ceiling

    Quote Originally Posted by rcart76 View Post
    Palin dismisses Geithner warnings about debt ceiling - Yahoo! News


    What the hell is wrong with this chick !!!!! Every economist will tell that the debt ceiling deadline shouldn't be f*** with. Is this who the tea party wants to be president????
    RCART76... One thing is obvious with Palin. She love to make up positions based on her rules of what logic, reason, observation, and the lack of needing to examine expert opinions She can't stand not being seen as the all knowing, all seeing, all everything Moose slayer.

    Palin clearly doesn't get that just like there are consumer credit bureaus...there is an international credit evaluation system...which MOODY's Corporation is the key organization in providing International rating.

    Moody's is an essential component of the global capital markets, providing credit ratings, research, tools and analysis that contribute to transparent and integrated financial markets. Moody's Corporation (NYSE: MCO) is the parent company of Moody's Investors Service, which provides credit ratings and research covering debt instruments and securities, and Moody's Analytics, which offers leading-edge software, advisory services and research for credit analysis, economic research and financial risk management. The Corporation, which reported revenue of $2 billion in 2010, employs approximately 4,500 people worldwide and maintains a presence in 26 countries. Further information is available at Moody's - credit ratings, research, tools and analysis for the global capital markets.
    Palin's cuteness doesn't in anyway indicate "intellect" is lurking under her vale of grandiosity and narcissism, which she so proudly displays for the world to see.

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    Re: Palin dismisses Geithner warnings about debt ceiling

    Quote Originally Posted by xpiher View Post
    I believe the economy will be shaken to the core because either investors won't get paid or working people won't get paid.
    Okay. You did not answer my question. Do you believe the government will default if we do not grant the one term president Obama the authority to spend even more money that we do not have?

    And who are the working people? Does that include me? Or does that only refer to union members?

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    Re: Palin dismisses Geithner warnings about debt ceiling

    Quote Originally Posted by Misterveritis View Post
    Okay. You did not answer my question. Do you believe the government will default if we do not grant the one term president Obama the authority to spend even more money that we do not have?
    the antideficiency act says that federal government officials cannot legally commit funds which have not been appropriated
    which then tells us that default will be the only alternative to paying our nation's financial obligations

    And who are the working people? Does that include me? Or does that only refer to union members?
    are you a wage earner? if the answer is "yes", then you are included in the group known as "working people"


    now that you have the answers you were seeking, share with us the point you are attempting to make
    we are negotiating about dividing a pizza and in the meantime israel is eating it
    once you're over the hill you begin to pick up speed

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    Re: Palin dismisses Geithner warnings about debt ceiling

    Quote Originally Posted by justabubba View Post
    now that you have the answers you were seeking, share with us the point you are attempting to make
    Nothing, he just likes saying "one term." It makes him feel all warm and fuzzy inside. And the Alaskan Tyrant gives him wood.

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