View Poll Results: Does not giving the president everything he wants constitute government closure?

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  • Yes, the government should be shut down if Obama doesn't get 100% what he wants

    2 8.70%
  • No, only what Congress will not fund should be shut down

    14 60.87%
  • IDK/Other

    7 30.43%
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Thread: Does refusing to give Obama anything he wants constitute closing down the government?

  1. #51
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    Re: Does refusing to give Obama anything he wants constitute closing down the governm

    Quote Originally Posted by falcata View Post
    What difference does it make? The difference that it makes is that we default on our debt! We no longer make our payments to countries we are borrowing money from, our country runs on borrowed money. For practically all of the foreseeable future our government will rely on borrowed money. If we default on our debt we lose an incredible amount of credibility economically. We will be able to borrow less and less over time.
    That is not possible given our current revenue stream...

    BTW, you obviously missed the reference in the bolded part...
    I don't often change my signature, but this was just too over the top to let anyone forget with what this country is up against...
    Quote Originally Posted by James D Hill View Post
    I am for gay marriage because it ticks off Jesus freaks and social conservatives. Gays are also good voters because the vote for my side so I fight next to them.

  2. #52
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    Re: Does refusing to give Obama anything he wants constitute closing down the governm

    Quote Originally Posted by AlabamaPaul View Post
    That is not possible given our current revenue stream...

    BTW, you obviously missed the reference in the bolded part...
    I think the world economic system will disagree.

  3. #53
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    Re: Does refusing to give Obama anything he wants constitute closing down the governm

    Quote Originally Posted by Unitedwestand13 View Post
    I think the world economic system will disagree.
    The country cannot default on the public debt unless the executive choose to do so,which would be unconstitutional, as there is plenty of recurring revenue to service the debt...
    I don't often change my signature, but this was just too over the top to let anyone forget with what this country is up against...
    Quote Originally Posted by James D Hill View Post
    I am for gay marriage because it ticks off Jesus freaks and social conservatives. Gays are also good voters because the vote for my side so I fight next to them.

  4. #54
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    Re: Does refusing to give Obama anything he wants constitute closing down the governm

    ACA was passed by our elected legislators and signed by the elected president. Attempts to overturn the law in the courts failed. Repeated attempts to repeal the law failed. The president was re-elected.

    Now, a minority of legislatures are holding the functioning of our government hostage so that they can impose their will. That shows contempt for representational democracy and the American public and is virtually treasonous/terrorism.

  5. #55
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    Re: Does refusing to give Obama anything he wants constitute closing down the governm

    Quote Originally Posted by AlabamaPaul View Post
    The country cannot default on the public debt unless the executive choose to do so,which would be unconstitutional, as there is plenty of recurring revenue to service the debt...
    The u.s government cannot pick and choose what order it pays back the debts it owes, it has to pay everybody, on time. Conisider the way bond owners and traders would view the situation.

  6. #56
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    Re: Does refusing to give Obama anything he wants constitute closing down the governm

    Quote Originally Posted by Unitedwestand13 View Post
    The u.s government cannot pick and choose what order it pays back the debts it owes, it has to pay everybody, on time. Conisider the way bond owners and traders would view the situation.
    The 14th Amendment states otherwise...

    Th public debt and veteran pensions MUST be honored before any other expenditure ...
    I don't often change my signature, but this was just too over the top to let anyone forget with what this country is up against...
    Quote Originally Posted by James D Hill View Post
    I am for gay marriage because it ticks off Jesus freaks and social conservatives. Gays are also good voters because the vote for my side so I fight next to them.

  7. #57
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    Re: Does refusing to give Obama anything he wants constitute closing down the governm

    Quote Originally Posted by AlabamaPaul View Post
    The 14th Amendment states otherwise...

    Th public debt and veteran pensions MUST be honored before any other expenditure ...
    Do you understand how the soverign bond market works?

    And if Obama tryed to use the 14th ammendment to resolve the debt crisis, conservatives would be howling for his impeachment.

  8. #58
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    Re: Does refusing to give Obama anything he wants constitute closing down the governm

    Quote Originally Posted by AlabamaPaul View Post
    That is not possible given our current revenue stream...

    BTW, you obviously missed the reference in the bolded part...
    I know I did because quite honestly the point was bolded yet moot.

    We were discussing the integrity of the situation in our current congress. I'm sorry If we by chance have been talking about different topics.
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  9. #59
    Educator falcata's Avatar
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    Re: Does refusing to give Obama anything he wants constitute closing down the governm

    Quote Originally Posted by AlabamaPaul View Post
    The country cannot default on the public debt unless the executive choose to do so,which would be unconstitutional, as there is plenty of recurring revenue to service the debt...
    That is not the way our debt works. The National Treasury pays out the money to other countries, when there is no money to pay we default on our debt. When there is no money given to the treasury, there is no money so be payed out.

    I'm sorry for my ignorance, but could you give me the Article, the Section and the Clause where it says our executive cannot default on our debt.
    I traveled with Ivanka
    the way I normally do
    How was I to know
    She was with the Russians too? - Poetics by TurtleDude

  10. #60
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    Re: Does refusing to give Obama anything he wants constitute closing down the governm

    Quote Originally Posted by AlabamaPaul View Post
    What difference does it make at this point in time? What do you think will happen if the debt ceiling is not increased?
    Your mortgage will go up for one and your car loan and any credit you want will go up. The economy will go back into a recession and you might get laid off. No biggy right?

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