archer wrote: Google is your friend Otis....try it.
So you don't know? It's kind of important if you want to argue about how Congress funds the Gubment. That's ok, it just goes to show that you don't have even a tiny grasp of how the Gubment is supposed to function according to the Constitution (BTW, the Constitution prescribes how Congress is to obey the law as written in the Constitution).
In the meanwhile Barrybots are marching on and doing his bidding. Not much of a surprise. Enjoy the ruin you've voted into power and don't bitch when it starts to hurt your quality of life.
Nice try, the last time I asked fred for an answer I was told by numerous conservatives here that I should go look it up myself.....just returning the favor otis......If you are so well educated on how the government works, why did you have to ask me?
In the meanwhile, the conservatives here have swallowed the red kool-aid that the Republicans are pouring.........the fault lies squarely on the shoulders of the temper tantrum throwing, common sense ignoring, and unconcerned about our nation or it's citizens, right wing extremists. The people WILL see you all for what you are, 2014 may well be the GOP swan song.
NO. The fault lies with BOTH parties girl, not just the GOP. BOTH sides. BOTH sides need ta go, along with everyone associated. Every last incumbent needs ta go, but for starters, Obama, Pelosi and Reid are first. Every last statement that comes out of Obama's mouth is either a flat out lie or a double meaning. There is no compromise from this p.o.s, do you understand that? NONE. Although I dislike the GOP, they have tried to come up with ways to make this shutdown less painful in certain areas of the public sector, and the Democrats have "basically" said: "No, if there's to be a shutdown, then it's the full swing, no exceptions." You know what? F*** whoever believes in that because that statement ITSELF is a lie. Areas of the public sector that are PRIVATELY funded, as in not funded by the government in any way shape or form are being barred from the citizens. People like yourself, and those that are hardcore rightwing are sheep, plain and simple, and yer ready for slaughter. Problem is, I'd say about 98% of the problem is the guy trying to cram socialized healthcare down the throats of all of us, along with all his other wormy legislation that isn't even publicized, let alone talked about.
Now, as far as the OP, increasing the debt limit will ultimately create more debt. A fu**** three year old could figure that out. When it was increased from a simple billion dollars, did it not create a larger deficit? The tree of liberty needs refreshed from time to time with the blood of patriots and tyrants, but people are so flippin' retarded nowadays or are too weak as a mass to rise up and do anything about it that the tree of liberty will be cut and used for firewood. America is falling, and those of us strong enough to do something are outnumbered a hundred fold. I'm sick of it, and I wish nothing but the worst. It's the only way to make people wake up and for natural selection to finally come back with a vengeance.
OMG!...A voice of reason in a time of INSANITY........partisan politics is such an easy way
to tank this country.....and yes, I am an INDEPENDENT and I vote.....(it must be the "Alaskan
thing" cause Jekyl is the ONLY POSTER to get it right.....)it just becomes S_O_O_O_O stupid
and senseless to bang your (collective) heads against the wall and EXPECT a different result
other than a bloody,battered,bruised and BRAIN DEAD head.... JMO
The current pattern of spending 30% more than you take in every year is unsustainable. And the RINO's are just as bad as the Dems in doing this. The TEA Party 40 in the House are the only ones who are fiscally sane so they are villified by the press.
Thomas Sowell: There are no solutions, just trade-offs.
archer wrote: He's right you know...right or wrong, the money has aready been spent. We can either pay the bills for what we have already spent, then figure out how to create a better budget where we dont spend more than we bring in, or we can default on the debt we already owe and pay higher interest on everything we borrow in the future making it even harder to create a balanced budget. The GOP may become this country's worst enemy.
No, he's not right, not even close to being right. The money may have been appropriated by legislation for spending, but that is not the same thing as it being already spent. We've planned to spend it, passed legislation to spend it, appropriated excess revenues from the general Treasury to spend it, but it has yet to actually be spent. Know why? Because the money hasn't been borrowed - yet - to fill the coffers of the Treasury.
The federal government may have to break some promises that it never should have made in the first place to provide for the individual welfare of some of the citizens of the States, it may have to trim the number of people it employs, it might not be able to keep sending unemployed people checks for 99 weeks anymore, it might have to sell off some of the land it holds, or lease more mineral rights, but it can do any or all of these things without defaulting on the interest payments that need to be made to the Union's creditors.
But when you have to borrow more principle to make the interest payments when they come due, it really is only a matter of time before you default anyway, isn't it? You can drag out the process for a while, but the ultimate conclusion is essentially inescapable unless you reduce your expenditures and/or grow your revenue stream. And by reducing your expenditures, I don't mean spending 20% more instead of 30% more, I actually mean spending less than you did the year before.
Like the closing of the national parks, defaulting, actually defaulting, on monies owed would be the choice of the executive. Remember, you are not owed anything to sustain your individual welfare, you have no right to any of the tax revenue or any appropriation of Congress. Those to whom the federal government has issued bonds do have a legal right to their funds. Breaking a promise that shouldn't have been made is not the same thing as failing to pay back monies that have been borrowed regardless of the president's, and your, efforts to conflate the two.
PS.....that's like saying that the money/payments you owe on your mortgage or credit cards isn't money you have already spent. you can't decide to not pay them without consequences.. And like any responsible family, if you owe more than you are making you deal with that issue not by defaulting on what you have already promised but by balancing your budget with increased revenue and decreased spending. There are two sides to the ledger .....
archer wrote: PS.....that's like saying that the money/payments you owe on your mortgage or credit cards isn't money you have already spent. you can't decide to not pay them without consequences.. And like any responsible family, if you owe more than you are making you deal with that issue not by defaulting on what you have already promised but by balancing your budget with increased revenue and decreased spending. There are two sides to the ledger .....
At what point in our future should the government decide that our debt is too large and there can no longer be increases in the ceiling? Or is does it not matter? I'm serious here... what percentage of debt to GDP is too much? It has almost doubled in five years so is there any point when we as a country should decide to get serious about controlling our debt?
The left is angry because they are now being judged by the content of their character and not by the color of their skin.
We SHOULD have gotten serious years....decades....ago. What we have is unsustainable. But that cannot be done by only cutting spending. Austerity is not the answer, not if we want to grow and prosper as a nation. There have to be new and increased revenue sources. There is a price to pay for living and doing business in this great country.
archer wrote: We SHOULD have gotten serious years....decades....ago. What we have is unsustainable. But that cannot be done by only cutting spending. Austerity is not the answer, not if we want to grow and prosper as a nation. There have to be new and increased revenue sources. There is a price to pay for living and doing business in this great country.
So we finally agree on something. So we have to rely on one of two parties to be the bad guys, cut up the credit cards, and stop making unsustainable promises in order to buy votes. It will take ppressure from the masses to do that, but unfortunately half the country is dependant and growing... so is there there really any hope left?
The left is angry because they are now being judged by the content of their character and not by the color of their skin.
Really? Does it have to be revolution Jekyll. I am grateful to see the unrest but how about citizens replace DEMS & GOP with those who represent the constituency. Or is that what you refer to as revolution?
Jekyll wrote: The one main monolithic catalyst that got this whole ball rolling? The creation of the Central Bank (Federal Reserve). It's a fact, and most people don't even KNOW ABOUT IT. The creation of the I.R.S? HELLO PEOPLE. This hole got started back in 1910 and now there's no stopping it. Let us all live in chains, or at least those that are too dumb or weak to resist it. May the match of revolution be struck soon, I pray to the heavens. So mote it be.
Edit: May something better be created from the ashes I also pray. The time of debate and civility is over. OVER people. Believe it.
archer wrote: We SHOULD have gotten serious years....decades....ago. What we have is unsustainable. But that cannot be done by only cutting spending. Austerity is not the answer, not if we want to grow and prosper as a nation. There have to be new and increased revenue sources. There is a price to pay for living and doing business in this great country.
So we finally agree on something. So we have to rely on one of two parties to be the bad guys, cut up the credit cards, and stop making unsustainable promises in order to buy votes. It will take ppressure from the masses to do that, but unfortunately half the country is dependant and growing... so is there there really any hope left?
Due to higher capital gains taxes this year, the Feds have taken in a record amount of revenue, but we are still spending much, much more than we are taking in. Capital gains taxes increased by 25% this year, do we have to increase them by 100% to pay for ACA?
Revolution? Messy, and often the people who win aren't the people you want, ask Egypt and Libya. I think the Republic can still be saved but I do get more pessimistic.
Thomas Sowell: There are no solutions, just trade-offs.
JMO
