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08-12-2011, 09:10 PM
real_change Wrote:Check it out. I hate the deficit/debt as much as anyone, but if you think that a small downgrade from AAA to AA plus is bad? Think about it this way: That occurred with us PAYING our bills. Imagine had we not raised the debt, and NOT paid our bills.Some other guys need to read the post their commenting on a little closer. Not one time did I say the debt limit should not have been raised. I said it should not have been raised with the "compromise bill". The Bill "agreed on" was very wishy washy and lacked teeth. I was trying to say they could have done much better and those that were in favor should be voted out of office. No civic lesson needed real_change, this also falls into the category of ones matter of opinion.
As a radical conservative on fiscal issues, I believe the debt ceiling to be borderline unconstitutional, and I'm comfortable saying that. The 14th amendment can and should be used if congress ever fails to raise the ceiling. The fact is, Congress is the ONLY entity that can authorize spending now and in the future, thus they HAVE to raise the debt ceiling or else the credibility of that very body must be called into question.
Some of you guys on here need a lesson in civics. You can hate the politics, but you must respect the rule of law, and ethical government. I fall into this category.
Messages In This Thread
US borrowing tops 100% of GDP: Treasury - by Hoot Gibson - 08-07-2011, 07:48 AM
US borrowing tops 100% of GDP: Treasury - by Hoot Gibson - 08-07-2011, 10:21 AM
US borrowing tops 100% of GDP: Treasury - by SKINNYPIG - 08-07-2011, 11:43 AM
US borrowing tops 100% of GDP: Treasury - by TheRealThing - 08-07-2011, 05:08 PM
US borrowing tops 100% of GDP: Treasury - by TheRealThing - 08-07-2011, 05:11 PM
US borrowing tops 100% of GDP: Treasury - by TheRealThing - 08-07-2011, 06:44 PM
US borrowing tops 100% of GDP: Treasury - by TheRealThing - 08-07-2011, 07:15 PM
US borrowing tops 100% of GDP: Treasury - by TheRealThing - 08-07-2011, 07:46 PM
US borrowing tops 100% of GDP: Treasury - by Benchwarmer - 08-07-2011, 08:08 PM
US borrowing tops 100% of GDP: Treasury - by TidesHoss32 - 08-07-2011, 09:19 PM
US borrowing tops 100% of GDP: Treasury - by nky - 08-08-2011, 10:04 AM
US borrowing tops 100% of GDP: Treasury - by real_change - 08-12-2011, 04:56 PM
US borrowing tops 100% of GDP: Treasury - by TheRealThing - 08-12-2011, 05:43 PM
US borrowing tops 100% of GDP: Treasury - by Hoot Gibson - 08-12-2011, 07:43 PM
US borrowing tops 100% of GDP: Treasury - by SKINNYPIG - 08-12-2011, 09:10 PM
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