Do You Think America Will Actually Default on its Debt?

[TalonStrike]

I hope it doesn't :/

 

[a777pilot]

We won't. The money to pay the interest payments is there.

 

[TalonStrike]

no student loans or social security or payment for troops :/

 

[HeXen]

China will own us if we do.

oh wait.

 

[ProfJohn]

China will own us if we do.

oh wait.

You mean the Social Security administration will own us.

I believe we owe more to them than anyone else.

 

[a777pilot]

no student loans or social security or payment for troops :/

I say the first to NOT get their pay checks ought be the military.

As a retired US Marine, I would love to see this.

 

[TalonStrike]

I say the first to NOT get their pay checks ought be the military.

As a retired US Marine, I would love to see this.

wow wtf D:

 

[HeXen]

no, cut off welfare instead.

 

[First]

Not a chance in hell.

 

[Spikesoldier]

I say the first to NOT get their pay checks ought be the military.

As a retired US Marine, I would love to see this.

its part of being patriotic.

also, military families can 'rough it' because the installation can cater to basic needs, so pay can be forgoe'd in tough times.

 

[Munky]

When? In one week, or in 10 years when our interest rates are so high, no one will lend us money?

 

[brencat]

We will not default. Obama will cave in the end "for the good of the country." He did before on extending the tax cuts and he probably will this time too.

Sucker

 

[dmcowen674]

Do You Think America Will Actually Default on its Debt?

Already has

 

[Doppel]

This year of course not. This is all just a charade, political theater, how can anybody not realize that?

 

[a777pilot]

wow wtf D:

Now think. Why would I, a retired Marine Corps Officer and Vietnam vet, say something like that.....and mean it.

Why?

 

[boomhower]

Not going to happen, the monies there. They will pay it before a lot of other things.

 

[Red Dawn]

Now think. Why would I, a retired Marine Corps Officer and Vietnam vet, say something like that.....and mean it.

Why?

Because you are suffering from Alzhiemers?

 

[WelshBloke]

Now think. Why would I, a retired Marine Corps Officer and Vietnam vet, say something like that.....and mean it.

Why?

Because you're a troll that isn't as clever as he likes to think he is?

 

[Anarchist420]

My answer: The U.S. will monetize the debt and society will collapse from hyperinflation.

This all could've been avoided had we never given SS and Medicare to the wealhiest people.

 

[Albatross]

Why the US won`t introduce ,say 10% VAT or put a tax on gas?

 

[Zivic]

My answer: The U.S. will monetize the debt and society will collapse from hyperinflation.

This all could've been avoided had we never given SS and Medicare to the wealhiest people.

but it's OK that they pay in to SS, but shouldn't get it? likely they don't get it if they still have considerable monthly income.

 

[Zivic]

Why the US won`t introduce ,say 10% VAT or put a tax on gas?

VAT would be horrible for the economy and we already do have plenty of tax on gas. raising fuel costs any amount will hurt the economy as well. the answer is not new or more taxes

 

[Anarchist420]

but it's OK that they pay in to SS, but shouldn't get it? likely they don't get it if they still have considerable monthly income.

The money paid into SS has already spent. SS is the biggest Ponzi Scam known to man.

 

[WelshBloke]

VAT would be horrible for the economy and we already do have plenty of tax on gas. raising fuel costs any amount will hurt the economy as well. the answer is not new or more taxes

You're going to have to raise some money from somewhere, the level of cutbacks needed would be crippling to your society.

 

[Albatross]

http://www.youtube.com/watch?v=4wabUDKCOKQ#t=1220
Watch for 20 sec.