Raising The Debt Ceiling

[N1RGR]

Originally Posted by Piston52Heavy

If the debt ceiling is gonna rise, ahhhh, who's gonna pay for it?

Our children and grandchildren will. According to kayn-moron we should do nothing but sit on our hands. Just keep spending,taxing and borrowing!

[kayn1n32008]

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Originally Posted by Piston52Heavy

If the debt ceiling is gonna rise, ahhhh, who's gonna pay for it?

One way or another 'joe 6-Pack'

Originally Posted by N1RGR

Our children and grandchildren will. According to kayn-moron we should do nothing but sit on our hands. Just keep spending,taxing and borrowing!

I said no such thing you stupid piss ant.

At this rate it will be your great great great great grandchildren. It will be generations.

The REALITY (I know you do not understand what that is N1RGR, but please try to follow along) is that to not run out of money and default the ceiling WILL have to be raised.

Yes the government IS bloated. Spending needs to be SLASHED in ALL departments AND taxes have to go up. Politicians and public service salaries and benifits also need to be slashed. This is the REALITY of the situation the US is in. Sadly the US needs to be on a 'cash only' diet. If ya can't pay with cash you do not buy it.

With that being said I maintain that neither the Pubs nor Dems have the balls to make the cuts deep enough to make a spit of difference. Debt will continue to soar, and eventually it will all come crashing down. The holders of your bebt will refuse to extend any more credit and will come calling and want their cash.

Sadly it is not just the US that will suffer, but the whole world, and we will see a depression unlike anything in recorded history.

[Piston52Heavy]

I think all the idiots down in DC should pay for it! They're all a bunch of morons!!!

[ridgescan]

Originally Posted by Piston52Heavy

I think all the idiots down in DC should pay for it! They're all a bunch of morons!!!

How do you execute that?
The whole problem is the "we the people" are in such a position where our hands are tied, they are in like flynn and know there are no easily applicable consequences for their misbehavior. This is why I said before that obama, Clinton, the whole lot of them, will get a pass on Benghazi. As time wears on, its importance fades and there ya go. Mainstream media pushes it away from your TV best they can, and Fox News gets labeled several mean-spirited things for keeping it at the forefront. These lousy politicians are accustomed to this and fully expect to continue in their assault on the once great America the we all knew. You know-THEY are the "wealthy" ones we should be robbing for the "poor" but THEY hold the keys to the money machine so they call the shots!
I said it before and I will say it again-the standards and practices that made our country so great and as well, so helpful and welcoming to the rest of the world, have been insulted, assaulted, and are being dismantled as we speak in the name of "progression" and we're gonna pay dearly in more ways than monetarily.
Pelosi is the maniacal face I put on it all. How that woman has so much power is what the real problem is.

[Piston52Heavy]

Originally Posted by ridgescan

How do you execute that?
The whole problem is the "we the people" are in such a position where our hands are tied, they are in like flynn and know there are no easily applicable consequences for their misbehavior. This is why I said before that obama, Clinton, the whole lot of them, will get a pass on Benghazi. As time wears on, its importance fades and there ya go. Mainstream media pushes it away from your TV best they can, and Fox News gets labeled several mean-spirited things for keeping it at the forefront. These lousy politicians are accustomed to this and fully expect to continue in their assault on the once great America the we all knew. You know-THEY are the "wealthy" ones we should be robbing for the "poor" but THEY hold the keys to the money machine so they call the shots!
I said it before and I will say it again-the standards and practices that made our country so great and as well, so helpful and welcoming to the rest of the world, have been insulted, assaulted, and are being dismantled as we speak in the name of "progression" and we're gonna pay dearly in more ways than monetarily.
Pelosi is the maniacal face I put on it all. How that woman has so much power is what the real problem is.

They all should be thrown out - both sides. We elected these clowns and they are doing nothing!! I have a niece in 3rd grade that could probably do a better job!!!

[N1RGR]

Originally Posted by kayn1n32008

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I said no such thing you stupid piss ant.

Oooo...you the man kayn!

Originally Posted by kayn1n32008

The REALITY (I know you do not understand what that is N1RGR, but please try to follow along) is that to not run out of money and default the ceiling WILL have to be raised.

No sH*T ! But how about spending cuts?

Originally Posted by kayn1n32008

Yes the government IS bloated. Spending needs to be SLASHED in ALL departments AND taxes have to go up. Politicians and public service salaries and benifits also need to be slashed. This is the REALITY of the situation the US is in. Sadly the US needs to be on a 'cash only' diet. If ya can't pay with cash you do not buy it.

Ok but you said......

Originally Posted by kayn1n32008

What services and programs can be cut AND achieve $1.5T in budget cuts? Then those people that are employed by those programs ti deliver those services are with out an income, what are they supposed to do for work in a depressed economy?

So spending cuts have to be made but we should NOT cut anything that does not directly add up to 1.5 trillion or any cuts that cost jobs in a depressed economy?

Originally Posted by kayn1n32008

With that being said I maintain that neither the Pubs nor Dems have the balls to make the cuts deep enough to make a spit of difference.

So yes they should make cuts that are deep in a depressed economy but they don't have the balls?

Originally Posted by kayn1n32008

Sadly it is not just the US that will suffer, but the whole world, and we will see a depression unlike anything in recorded history.

So we should NOT make cuts? Im confused!

[N1RGR]

Originally Posted by Piston52Heavy

They all should be thrown out - both sides. We elected these clowns and they are doing nothing!! I have a niece in 3rd grade that could probably do a better job!!!

Have the Dems offered any spending cuts in the resent fiscal cliff bill that was drafted by the Senate Dems? NOPE! Will the Dems offer any cuts in relation to the debt ceiling being raised...NOPE! Obama said...NO NAGOTIOATIONS and Pelosi said we should raise taxes! So how are both parties to blame here?

[N1RGR]

Love and blessings!

[N1RGR]

Originally Posted by ridgescan

Pelosi is the maniacal face I put on it all. How that woman has so much power is what the real problem is.

Pelosi is the fecal face put on it all! lol

[zz0468]

Originally Posted by Piston52Heavy

If the debt ceiling is gonna rise, ahhhh, who's gonna pay for it?

YOU are. Any other silly questions?

[zz0468]

Originally Posted by N1RGR

So spending cuts have to be made but we should NOT cut anything that does not directly add up to 1.5 trillion or any cuts that cost jobs in a depressed economy?

I think what he's trying to say is that $1.5T in spending cuts is easier said than done. It's easy enough to cough up a number like that, but to come up with an actual $1.5T in cuts that's not worse than the actual deficit itself is not so easy. Many of the cuts that need to be made will make YOU hurt. Are you actually willing to give up YOUR job and YOUR house and YOUR family's security to cut the deficit?

That is the reality of it, and that's what is making it so difficult for Congress to act. The cure ends up being worse than the disease.

Originally Posted by N1RGR

So yes they should make cuts that are deep in a depressed economy but they don't have the balls?

Granted, our Congress is a bunch of morons... that's what got us in this predicament in the first place. But now there are some really tough choices.

Originally Posted by N1RGR

So we should NOT make cuts? Im confused!

You're confused? Good!! Maybe there's hope for you yet. This nation's financial health is in a VERY complicated situation. Typically, Republicans rally together and say "Cut spending!" with very little though as to what can be cut without causing even more problems. The fact that you're confused may indicate that some part of your gray matter actually comprehends the complexity of the situation.

[kayn1n32008]

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Oh N1RGR, you like to play games by twisting my words. Let me try and explain it using small words so that you can understand and follow along.

Cuts have to be made. Can we agree on that?

The cuts, to allow the US to start paying back all the money it owes, actually has to add up to what the current deficit is PLUS more than the intrest on the CURRENT debt.

If I lose you let me know

So if the deficit is $1.6T and the intrest over the year on the $16T debt is say(making up this number just so you can follow along if you want the real number do the math yourself) $100B you would have to make $1.7T dollars of cuts.

Still following N1RGR?

That $1.7T in cuts eliminates ADDING to the debt, but does not actually start paying it down.

Still following?

So now on top of the $1.7T in cuts you have to make further cuts to start actually paying back the money owed so let's say the government pays $50B to the debt.

Still following?

Total now in cuts is $1.75T

Do you grasp the kind of cuts needed to ACTUALLY make a small dent in the debt?

The problem all these cuts that need to be made is that you will actually INCREASE the number of people who are going to need government assistance, from the very programs that will be cut, unemployment WILL go up, and the tax revenue WILL go down. This will result in the need to increase taxes to make up for the revenue short fall.

So while you b*tch and moan about how this is all the fault of Obama and the Democrats, you fail to come up with any solutions to the problems. Either you are part of the problem or part of the solution. To me you are part of the problem by only b*tching that the Democrats are the cause.

I stand behind what I said. NEITHER party has the political back bone or political balls to make the REAL cuts and tax increases that will correct the tail spin the US is in.

Here is a dose of REALITY for you N1RGR after balancing the buget, and starting to pay down the $16T debt at $50B/yr it would take 320 YEARS to get out of debt.

Is the gravity of the situation your country finds its self in sinking in yet? Do you see how blaming it all on the Democrats is childish, when clearly it is entirely the fault of BOTH the Republicans AND the Democrats.

[kayn1n32008]

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Originally Posted by zz0468

The fact that you're confused may indicate that some part of your gray matter actually comprehends the complexity of the situation.

Somehow I doubt he comprehends the complexity of the situation the US is in. It is just easier tosit with the blinders on and b*tch and moan that it is Obama's/Democrats fault, while giving the Pubs a pass. Remember both parties need their sheep with blinders on. That way they only need to BS the undecided voters into voting for them.

[kayn1n32008]

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Originally Posted by zz0468

I think what he's trying to say is that $1.5T in spending cuts is easier said than done. It's easy enough to cough up a number like that, but to come up with an actual $1.5T in cuts that's not worse than the actual deficit itself is not so easy. Many of the cuts that need to be made will make YOU hurt. Are you actually willing to give up YOUR job and YOUR house and YOUR family's security to cut the deficit?

That is the reality of it, and that's what is making it so difficult for Congress to act. The cure ends up being worse than the disease.


Granted, our Congress is a bunch of morons... that's what got us in this predicament in the first place. But now there are some really tough choices.

You're confused? Good!! Maybe there's hope for you yet. This nation's financial health is in a VERY complicated situation. Typically, Republicans rally together and say "Cut spending!" with very little though as to what can be cut without causing even more problems. The fact that you're confused may indicate that some part of your gray matter actually comprehends the complexity of the situation.

At least you understand the gravity of the situation the US is in. Also that you understand why both parties won't make the cuts that are really needed to actually stem the flow of red ink.

[N1RGR]

Originally Posted by kayn1n32008

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Somehow I doubt he comprehends the complexity of the situation the US is in. It is just easier tosit with the blinders on and b*tch and moan that it is Obama's/Democrats fault, while giving the Pubs a pass. Remember both parties need their sheep with blinders on. That way they only need to BS the undecided voters into voting for them.

The problem is the Dems do not want to cut anything! They want MORE spending! LOOK at the current fiscal cliff BILL! We don't decrease spending we increase spending while raising taxes!!! Is that a good way forward??? Who crafted that bill.....yes thats right the Democrats! Their answer is to tax more and spend more! Can you comprehend that? Or is that too difficult for you to understand?

We have to start cutting somewhere and Obamacare is a good starting point! You remember Obamacare right....that massive spending bill draft by House Democrats at the hight of our declining economy! Or should we just ignore the problem and do nothing but raise taxes on everyone as we slip into the abyss! I say we start cutting and reducing the size of this fat bloated over sized government and all of those useless government programs! How about we get the troops out of Afghanistan and stop giving money to countries that hate us! What about the $500 Million we give to planned parenthood every year or the free cell phones for the homeless? Do we really need the Dept of Homeland Security? I could go on and on! My point is we have to start somewhere! Continued spending like drunken sailors while raising taxes on the rich is NOT a good starting point! END OF STORY!

[N1RGR]

Originally Posted by zz0468

I think what he's trying to say is that $1.5T in spending cuts is easier said than done. It's easy enough to cough up a number like that, but to come up with an actual $1.5T in cuts that's not worse than the actual deficit itself is not so easy. Many of the cuts that need to be made will make YOU hurt. Are you actually willing to give up YOUR job and YOUR house and YOUR family's security to cut the deficit?

That is the reality of it, and that's what is making it so difficult for Congress to act. The cure ends up being worse than the disease.

Please don't try and think for the unthinkable.
Look zz, do you agree that the current fiscal cliff bill has only added to the disease? Do you believe that the Senate Democrats have taken a fair and balanced approach to this bill? Do you also agree that increased spending while increasing taxes is not any way forward in solving this mess?

Originally Posted by zz0468

Granted, our Congress is a bunch of morons... that's what got us in this predicament in the first place. But now there are some really tough choices.

If you want to talk morons don't forget to include Harry Reid and the Senate!

Originally Posted by zz0468

You're confused? Good!! Maybe there's hope for you yet. This nation's financial health is in a VERY complicated situation. Typically, Republicans rally together and say "Cut spending!" with very little though as to what can be cut without causing even more problems. The fact that you're confused may indicate that some part of your gray matter actually comprehends the complexity of the situation.

Its simple....Dems are NOT willing to cut anything! They want to increase taxes and increase spending! Nothing confusing about that! I guess the grey matter is still working....I think!

[N1RGR]

Originally Posted by kayn1n32008

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At least you understand the gravity of the situation the US is in. Also that you understand why both parties won't make the cuts that are really needed to actually stem the flow of red ink.

Which party drafted the current fiscal cliff bill? Any cuts in there....NOPE! Only increased SPENDING! Yet you claim that its both parties who are NOT willing to make any cuts??? What the hell are you smoking?

Now its time for the debt ceiling debate....Obama no negotiations! Nancy Pelosi we should increase taxes! I guess its time to blame both parties again right!

Now zz can you explain to him what Im trying to say here. If you have sufficient grey matter to be able to comprehend!

[Highpockets]

What next?

Legend of trillion-dollar coin grows as White House declines to rule it out | Fox News

[N1RGR]

Originally Posted by Highpockets

What next?

Legend of trillion-dollar coin grows as White House declines to rule it out | Fox News

Obama spent four of those suckers his first term in office! Better mint some more.

[N1RGR]

Bottom line is we have to do something! Doing nothing but raising taxes is NOT an option! At some point we are going to have to face reality! You can blame the Republicans for their part in this mess but its obvious which party is not willing to compromise on spending! The Republicans did compromise on taxes but the Democrats did NOT meet us half way! Where is the balanced approach Obama spoke of?