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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 xpiher View Post
    Yes the government will default on SOMETHING if the debt celling isn't raised for at least the short term. That or massive numbers of people will suddenly not have a job.
    That is the preferred option. The one term president Obama did generate jobs. Government jobs. The federal government is enormous. Let's simply fire everyone we hired for jobs that came into existence after Jan 1, 2009.

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    Re: Palin dismisses Geithner warnings about debt ceiling

    Quote Originally Posted by Misterveritis View Post
    That is the preferred option. The one term president Obama did generate jobs. Government jobs. The federal government is enormous. Let's simply fire everyone we hired for jobs that came into existence after Jan 1, 2009.
    You heard it here first. The Republican prescription for the recession is to increase unemployment.

    To quote the Prof -- See you at the polls.

    I love it when Cons talk about "increasing jobs" and firing people in the same breath. Government employees are working Americans with jobs. Not to mention human beings. Considering the way the private sector employment looks now, increasing the ranks of the unemployed doesn't sound like it would help the recession. In fact it's kind of obvious that it wouldn't.
    Last edited by rocket88; 06-04-11 at 10:23 PM.

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    Re: Palin dismisses Geithner warnings about debt ceiling

    Quote Originally Posted by Misterveritis View Post
    Perhaps it would not have been needed. Here is a bit of it from wikipedia:

    On the first day of their majority in the House, the Republicans promised to pass eight major reforms:
    require all laws that apply to the rest of the country also apply to Congress; Congress exempted itself from laws frequently.
    select a major, independent auditing firm to conduct a comprehensive audit of Congress for waste, fraud or abuse; There were many Democratic scandals
    cut the number of House committees, and cut committee staff by one-third;
    limit the terms of all committee chairs;
    ban the casting of proxy votes in committee;
    require committee meetings to be open to the public;
    require a three-fifths majority vote to pass a tax increase;
    guarantee an honest accounting of the Federal Budget by implementing zero base-line budgeting.
    Most of which was promptly ignored by the next Republican President. In fact, if there was a Republican President, the Contract with America wouldn't even have been rhetoric because the GOP would be too busy convincing us that everything was wonderful.

    Nothing good happens when one party holds all the power. Just look at this past decade -- for 8 out of 10 years, one party or the other held both houses of Congress and the White House The mess we're in today took a good deal more than two years to create. Go on and blame Obama all you want, but deficit spending is something that was going on for years before him. Ronald Reagan was quite fond of them if the budgets he signed are any indication. So was W (who did it with Republican Congresses, too).

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    Re: Palin dismisses Geithner warnings about debt ceiling

    Quote Originally Posted by rocket88 View Post
    You heard it here first. The Republican prescription for the recession is to increase unemployment.

    To quote the Prof -- See you at the polls.

    I love it when Cons talk about "increasing jobs" and firing people in the same breath. Government employees are working Americans with jobs. Not to mention human beings. Considering the way the private sector employment looks now, increasing the ranks of the unemployed doesn't sound like it would help the recession. In fact it's kind of obvious that it wouldn't.
    Government jobs consume wealth. They do not create wealth. If the problem is too much government then get rid of the "too much". It is really very simple. It may be too simple for you to understand it.

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    Re: Palin dismisses Geithner warnings about debt ceiling

    Quote Originally Posted by justabubba View Post
    the anti-deficiency act prohibits the federal staff from incurring financial obligations where there is no appropriations to cover it
    which means we cannot sell more debt instruments which would cause us to exceed the debt ceiling
    sorry you are unable to grasp it, but it cannot be said any simpler
    Maybe we are talking past one another. No increase in the debt ceiling prevents the one term president Obama from borrowing more money. It has no effect on the government's ability and authority to pay the interest on our current debt. And that is the point. No more borrowing. Pay down the current debt. Cut government programs.

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    Re: Palin dismisses Geithner warnings about debt ceiling


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    Re: Palin dismisses Geithner warnings about debt ceiling

    Quote Originally Posted by rocket88 View Post
    Nothing good happens when one party holds all the power.
    On this we agree.
    Quote Originally Posted by rocket88 View Post
    Just look at this past decade -- for 8 out of 10 years, one party or the other held both houses of Congress and the White House The mess we're in today took a good deal more than two years to create.
    On this we agree.
    Quote Originally Posted by rocket88 View Post
    Go on and blame Obama all you want, but deficit spending is something that was going on for years before him. Ronald Reagan was quite fond of them if the budgets he signed are any indication. So was W (who did it with Republican Congresses, too).
    Reagan was really something. But he trusted the Democrats on a deal, tax increases combined with spending cuts. We got the tax increases. Democrats increased spending. I wish he had vetoed the bills. But he didn't. It was a mistake.
    Neither Bush was conservative. I understood that. The nation had no better choice.

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    Re: Palin dismisses Geithner warnings about debt ceiling

    Quote Originally Posted by Misterveritis View Post
    Government jobs consume wealth. They do not create wealth. If the problem is too much government then get rid of the "too much". It is really very simple. It may be too simple for you to understand it.
    Why stop with the jobs created by Obama? Bush created more government jobs on a per month basis than Obama has.


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    Re: Palin dismisses Geithner warnings about debt ceiling

    Quote Originally Posted by DemonMyst View Post
    I wouldn't worry about how much Obama spends..

    Rhetoric misleading: Who really ran up the national debt? - National economic policy | Examiner.com

    Republicans are the biggest reason we have the debt that we do.. Bush had the best opportunity of any president in history to pay it down.. He used his budget surplus and gave the rich a $320 billion a year tax break.. Then tossed both wars and a bunch of other things onto the national debt..

    When will you republicans ever take responsibility for share of things and your part in the problem..
    So you give Obama a pass for his out of control spending

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    Re: Palin dismisses Geithner warnings about debt ceiling

    Quote Originally Posted by rocket88 View Post
    Nothing good happens when one party holds all the power.
    Quote Originally Posted by Misterveritis View Post
    On this we agree.
    So I assume that you'll be voting for Democrats to go to Congress?
    Last edited by rocket88; 06-04-11 at 11:10 PM.

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