Will the US default on 2nd August??

That is just how dumb you and the Tea Party freshmen are. The debt ceiling does not spend one penny in additional money. It simply pays for things like wars, tax breaks, and every other thing we have ALREADY bought. What is your plan, return the war? Take back the tax breaks? Take back the interest we've paid on bonds? You guys are clueless.

Again, what have the Republicans been willing to give up? The real answer is nothing.

 

Again, the planet idiocy chines in. The debt ceiling increase doesn't fund one additional program, doesn't spend one addition dollar, it simply pays for all those things that the government already bought like wars, tax breaks, and bond interest and everything else. You Righties have been drinking your own Kool Aid far too long. Drunk on your own stupidity.

 

Boy, you got me here. "[Raising] The debt ceiling does not spend one penny in additional money. It simply pays for things ........" I don't get it. Do you spend without paying or do you pay without spending? Could you please explain the difference between pay and spend?

 

The far left whacks must really love you (or at least take satisfaction in knowing at least one fool has bought their drivel hook, line & sinker). You repeat their line while conveniently omitting all the spending past, present & future at the hands of BO and his liberal Congress.

 

So remember this the next time you want to post that "lock step" crap you are so famous for.

 

Have you never been exposed to a budget? Do you seriously believe that the US Government is equivalent to you getting a paycheck twice a month and paying your mortgage, light bill, car payment, etc? Republicans and Democrats have "spent" or authorized programs, wars, tax breaks, and these things are paid for when the bill comes due. The bill isn't instantaneous and can be paid years later. Raising the debt limit only allocates funds for things we have already purchased. Both sides have purchased the things we now have to pay for. It isn't a matter of financing new programs or spending new money when you raise the debt ceiling, it is only paying the bills that have come due from your past buying sprees. We really have no choice but to pay our bills. Cuts of any kind which are unrelated to the raising of the debt ceiling will only affect future debt ceiling amounts not current debt ceiling amounts.
If you want some kind of simplistic analogy, think of it as you buying a new car and taking out a 5 year loan. You make the loan payments for the first year and then decide to cut your expenses. You really don’t have the option to return the car and stop making the payments. You can sell the car and payoff the loan but you don’t get out of making the rest of the payments simply because you didn’t allocate enough money to make them anymore. In this analogy, at least a car is a tangible item. How do you return a war? How do you not pay interest on bonds?

 

Really, all the money was only spend by Democrats? Seriously? Look who is buying into the drivel now.

 

I really and honestly understand what the debt limit does - apparently more so than you. It was your political agenda of what "it pays for" that did not and still does not make any sense to me. It really does not pay for a thing. Really! BTW, it also "pays for" (your words) ISO 14001 enforcement so all our refineries go overseas, it also "pays for" (your words) operation “Fast and Furious” legal bills, it also "pays for" (your words) New Black Panther Party voter intimidation case cover up, it also "pays for" (your words) federal government suing the state of Arizona over emigration and to defend itself from the Arizona suit, etc

 

I said that it does not pay for one "additional" thing. I never said that it doesn't pay for a thing. Of course something is paid for.

 

I don't recall straits this dire under any other President, dim or Republican.

 

That's because it isn't dire nor a crisis. The Cons have conned you....again.

 

Raising the debt ceiling is not a crisis at all, but the government spending problem is reaching a critical point. And raising taxes is not going to cure the problem. Even the President admits that!

 

Not dire, huh? Then why did BO go on tv to say Social Security checks may not go out if he doesn't get his way? His people keep stating our credit rating is in jeopardy if BO can't have his debt ceiling raised, right? Sounds pretty dire to me.

 

I wish I really knew how much of that is political speak (lies?) and how much is actual fact. My guess is that it is about 4:1 in favor of the political.

 

What this pays for is the Bush/Obama Tax cuts and the rest of the budget that was passed during the last manufactured crisis...the government shutdown showdown of a few months back.

 

BO recently appeared before the nation and promised a ton of new "investments" ( lefty speak for spending, of course) so don't forget he needs to either increase his line of credit so pay for it all or risk adding another lie to the growing list of BO lies.

 

Looks like we have just highlighted the real problem with the debt ceiling. John Boehner can't seem to even get his own party to vote for his plan. Maybe he can bribe enough of them by morning to pass a bill that is dead upon arrival in the Senate. I guess he can go on TV one more time and lie about it again.

 

He won't be bribing them and at last count he was only two votes short. You think the problem is that Boehner can't get his own party to vote for his plan. Boehner's problem is that the Tea Party freshmen don't consider themselves part of his party. The real problem is that even if Boehner's plan passes the House, Harry Reid has already vowed to defeat it in the Senate. Now where does that leave the United States. Staring down the barrel of a credit downgrade. The bigger problem is that none of the Democrats care because they know something that the US people don't. Boehner's plan saves 800 billion, the credit agencies want 4 trillion to avoid the downgrade. I guess simply raising your own credit limit is the answer after all. I might sound like Tom on this one, but this whole thing is nothing but an elaborate charade.

 

I wonder what happened to our wondrous leader. Has anyone heard what BO's great proposals are?

 

LOL Another great sig line if somebody wants it. You really are delusional. I guess ignorance can be bliss. Just blame conservatives and it all goes away. What a laugh.

Ok, moving on to a grown up viewpoint.... Nothing would surprise me. Things typically don't happen fast in government and the deadline is not far away. If people don't get their social security checks it will hit the fan. Don't know who gets blamed but it won't be pretty.
Regardless of the outcome, however they end up temporarily solving this so we can make it another year or 6 months, my gripe is that it will end there. Once they pass something, everybody will act like it's over and this huge problem will be put on the back burner again until next year. They'll be campaigning. There will be no further discussion on what to do for next year until the next deadline is looming! That's the ignorant part. The discussion should get more intense after whatever they pass, but it will completely drop off the radar. Just watch.

There is no win here. Even if they pass a budget and raise the debt ceiling, we still lose. I ask again, if it's ok to keep doing this, why don't they print up a $500k rebate for every household, let them pay off their debt and really get the economy moving!? With the current logic, that would seem to be the smartest thing to do. That's not ok. But raising the debt limit incrementally with no solution in sight to infinity, is the outcome that people like moen demand. So this problem gets 'solved'. lol Eventually printing up 500k for everybody will be peanuts. At some point it won't matter.

Does anybody here think that maybe we should default? Our credit rating should have been downgraded decades ago. If the spender can't control their spending habits, something has to be triggered to control it for them.

As for moen, I'd like for you to post what civilization has proven that it's ok to create wealth out of thin air, unendingly to prosperity. Name which ones are still around for us, please. Thanks.