Many Republicans think breaching the debt ceiling is no big deal. They’re wrong.

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    Oct 09, 2013 2:21 AM GMT
    what is it with these people that don't understand about the debt limit? It is like talking to a fucking door nob, republicans do a tremendous job at confusing the masses when the masses don't seem to get it either. maybe republicans were hoping americans were dumb down enough and distracted by honey boo boo, not to notice reality.

    http://www.washingtonpost.com/blogs/wonkblog/wp/2013/10/08/its-terrifying-what-some-top-republicans-believe-about-the-debt-ceiling/

    as the president has already explained about a 100 fucking times, raising the debt limit ONLY PAYS FOR THE BILLS CONGRESS HAS ALREADY RACKED UP, IT DOES NOT ADD ANY NEW DEBT, but John Boner and shmuck company continue to talk to the door nob, left field and outerspace reduce more spending

    breaching the debt ceiling means not paying for what they already owe creditors and not being able to borrow anymore

    did they miss economics 101? its no wonder many dumb down americans cant even balance a checkbook or do their own taxes let alone understand this stuff, its way to complicated for some red state folks

    "lets rob peter to pay paul"
  • TroyAthlete

    Posts: 4269

    Oct 09, 2013 3:29 PM GMT
    Just another example of the irresponsible nature of modern Republicans. Conservatives of the past (real conservatives) would never have allowed this.
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    Oct 09, 2013 4:48 PM GMT
    "lets rob peter to pay paul"

    we already did that . . $17 trillion worth
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    Oct 09, 2013 4:51 PM GMT
    Revenues coming in to the Fed government far exceed the amount of money due each month to service the debt.

    Let me repeat:

    Revenues coming in to the Fed government far exceed the amount of money due each month to service the debt.

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    Oct 09, 2013 4:54 PM GMT
    franktats saidRevenues coming in to the Fed government far exceed the amount of money due each month to service the debt.

    Let me repeat:

    Revenues coming in to the Fed government far exceed the amount of money due each month to service the debt.



    That didn't stop Reagan. It didn't stop Bush either.

    Explain please.

    http://en.wikipedia.org/wiki/History_of_United_States_debt-ceiling_increases
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    Oct 09, 2013 5:13 PM GMT
    franktats saidRevenues coming in to the Fed government far exceed the amount of money due each month to service the debt.

    Let me repeat:

    Revenues coming in to the Fed government far exceed the amount of money due each month to service the debt.



    actually the tax/license income is $225 billion/month

    debt repayment and interest is approx $24 billion/month
  • rnch

    Posts: 11524

    Oct 09, 2013 5:17 PM GMT
    franktats saidRevenues coming in to the Fed government far exceed the amount of money due each month to service the debt.

    Let me repeat:

    Revenues coming in to the Fed government far exceed the amount of money due each month to service the debt.






    The unverified "sock puppet" account of Southbeach ("franktats" for this incarnation) never has been strong on facts, has he?
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    Oct 09, 2013 5:19 PM GMT
    rnch said
    franktats saidRevenues coming in to the Fed government far exceed the amount of money due each month to service the debt.

    Let me repeat:

    Revenues coming in to the Fed government far exceed the amount of money due each month to service the debt.






    The unverified "sock puppet" account of Southbeach ("franktats" for this incarnation) never has been strong on facts, has he?


    Glad you are just posting your usual drivel, which is your comfort zone, and not trying to venture into actually commenting on the topic with any original thought. It's safer for you this way.
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    Oct 09, 2013 5:20 PM GMT
    somersault said
    franktats saidRevenues coming in to the Fed government far exceed the amount of money due each month to service the debt.

    Let me repeat:

    Revenues coming in to the Fed government far exceed the amount of money due each month to service the debt.



    actually the tax/license income is $225 billion/month

    debt repayment and interest is approx $24 billion/month


    Now that's interesting.
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    Oct 09, 2013 6:19 PM GMT

    Poll: Most Americans Don't Understand the Debt Ceiling

    http://www.nationaljournal.com/congressional-connection/coverage/poll-most-americans-don-t-understand-the-debt-ceiling-20131008

    More than twice as many Americans believe lifting the limit means authorizing more borrowing "for future expenditures" than believe it means "paying off the debts [the federal government] has already accumulated"—62 percent to 28 percent, respectively.

    duhhhhh, too busy watching Boo Boo icon_rolleyes.gif