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Thread: Ron Paul: "We Will Default because the Debt is Unsustainable"

  1. #11
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    Re: Ron Paul: "We Will Default because the Debt is Unsustainable"

    This guy is trying to put his foot in the door. He has a hidden agenda and I don't trust him. While I don't approve of both mainstream political parties, I'm not quite convinced this guy could actually bring something positive to society either.
    Freedom is not free.

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    Re: Ron Paul: "We Will Default because the Debt is Unsustainable"

    Quote Originally Posted by donsutherland1 View Post
    Although the nation's debt burden is enormous in terms of absolute dollars, it is not at a level that can only lead to default as a share of the economy. If, and only if, the mandatory spending programs are not addressed would the nation see the debt rise to such a level. For now, the nation still has some time and latitude to shift its fiscal course and avoid such an outcome. I hope that the nation's leaders will do so, first with a downpayment tied to the debt ceiling increase, and later with a credible and significant long-term fiscal consolidation strategy that goes beyond the savings tied to the debt ceiling increase.
    We wont be able to enter the downward spiral and just step off........we wont be able to spring ahead and stop the falling dominoes.......

    .......perhaps its possible if we took action NOW........otherwise were simply going to follow in the footsteps of the plethora of failing liberal utopias around the world........who Spend till The End.

    But as for NOW.......Democrats cant even bring themselves to cut a Cowboy Poetry Contest.......much less anything else.
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  3. #13
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    Re: Ron Paul: "We Will Default because the Debt is Unsustainable"

    Quote Originally Posted by Henrin View Post
    Ignoring that they turned away from their direction a bit.
    He was wrong. No ifs and or buts. He was wrong.
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    Re: Ron Paul: "We Will Default because the Debt is Unsustainable"

    Quote Originally Posted by Badmutha View Post
    How would the Forefathers and Founders be received if they were to return to Washington today?



    With Torches and Pitchforks from the DNC.......
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    For a guy like Ron Paul - that would be just getting warmed up with the main event yet to come.
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    Re: Ron Paul: "We Will Default because the Debt is Unsustainable"

    Quote Originally Posted by haymarket View Post
    He was wrong. No ifs and or buts. He was wrong.
    You can't disprove him if the country didn't stay on the path it was on. If they didn't step back from their path he would of been right.

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    Re: Ron Paul: "We Will Default because the Debt is Unsustainable"

    Unlike so many other DC inhabitants, RP has held true to his ideals, and, although often misunderstood, has had the most foresight. If we had listened to him sooner, had taken him more seriously, today's economy would not be as dire, many conflicts could have been avoided.
    Those who seek something for nothing will certainly disagree, but America can't thrive on being everyone's nanny.

  7. #17
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    Re: Ron Paul: "We Will Default because the Debt is Unsustainable"

    While a serious problem, the debt we have is not insurmountable. The debt to GDP ration was higher in the 40's. We are rapidly approaching the edge of the cliff but we are not yet airborne. Now the time for decisive action, not doom and gloom fatalism.

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    Re: Ron Paul: "We Will Default because the Debt is Unsustainable"

    Quote Originally Posted by rathi View Post
    While a serious problem, the debt we have is not insurmountable. The debt to GDP ration was higher in the 40's. We are rapidly approaching the edge of the cliff but we are not yet airborne. Now the time for decisive action, not doom and gloom fatalism.
    We may have been there before, but we did have the jobs and people more than willing to do for themselves. Do we have that now?

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    Re: Ron Paul: "We Will Default because the Debt is Unsustainable"

    Quote Originally Posted by Henrin View Post
    You can't disprove him if the country didn't stay on the path it was on. If they didn't step back from their path he would of been right.
    Yeah, and I cannot prove there are not three inch high monkeys made of flame who play professional basketball under the surface of Uranus either.

    You never run out of poor mouth excuses do you? The guy was plain wrong and even other libertarians admit he was for heavens sake. Get over it and move on.
    Last edited by haymarket; 07-19-11 at 11:13 PM.
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    Re: Ron Paul: "We Will Default because the Debt is Unsustainable"

    Quote Originally Posted by haymarket View Post
    Yeah, and I cannot prove there are not three inch high monkeys made of flame who play professional basketball under the surface of Uranus either.

    You never run out of poor mouth excuses do you? The guy was plain wrong and even other libertarians admit he was for heavens sake. Get over it and move on.
    I'm not wrong and I don't care what other libertarians say. You can't say he was wrong about the economic direction of the country if the economic direction of the country changed after he wrote the book. You won't address that because you know I'm right. Admit it.
    Last edited by Henrin; 07-20-11 at 01:12 AM.

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