will the republicans put their money where their mouth is? Debt ceiling.

JSt0rm

Lifer
Sep 5, 2000
27,399
3,948
126
Will they block raising the debt ceiling? Or will they vote to allow more debt?

I think they will vote to allow more debt in 2011. I am no finance wizard but I think just putting on the brakes that hard would kill the economy. Discuss?
 

potluv

Member
Nov 3, 2010
100
0
0
Politicians on both sides, Republican or Democrat could give a shit about fixing the economy, they're working their asses off on squeezing everyone's wealth to the top 1%.

We had a perfect chance to get the ball moving to fix our infrastructure and make improvements like new interstates, BP should have been forced to finance the development and construction of new interstates and improve infrastructure thats already in place, for their reckless disregard for the environment. Of course thats not the case because the government isn't for "we the people" but "we the rich."
 

Carmen813

Diamond Member
May 18, 2007
3,189
0
76
Will they block raising the debt ceiling? Or will they vote to allow more debt?

I think they will vote to allow more debt in 2011. I am no finance wizard but I think just putting on the brakes that hard would kill the economy. Discuss?

It would destroy the world economy, so I fully suspect Republicans to try and do it.

/thread (and said tongue in cheek)
 

waggy

No Lifer
Dec 14, 2000
68,143
10
81
Politicians on both sides, Republican or Democrat could give a shit about fixing the economy, they're working their asses off on squeezing everyone's wealth to the top 1%.

We had a perfect chance to get the ball moving to fix our infrastructure and make improvements like new interstates, BP should have been forced to finance the development and construction of new interstates and improve infrastructure thats already in place, for their reckless disregard for the environment. Of course thats not the case because the government isn't for "we the people" but "we the rich."


sniff..i think i love you. please be a hot redhead with big tits and willing to clean and can cook!
..sigh knowing my luck you are a fat middle aged guy.:whiste:
 

potluv

Member
Nov 3, 2010
100
0
0
sniff..i think i love you. please be a hot redhead with big tits and willing to clean and can cook!
..sigh knowing my luck you are a fat middle aged guy.:whiste:

Sorry, I'm just a 26yo guy that can't cook, and hates cleaning.
 

CycloWizard

Lifer
Sep 10, 2001
12,348
1
81
Maybe they will realize that a government-run economy is a terrible idea and quit trying to use the government as a driving force for growth. But probably not.
 

potluv

Member
Nov 3, 2010
100
0
0
Maybe they will realize that a government-run economy is a terrible idea and quit trying to use the government as a driving force for growth. But probably not.

Worked pretty well back in the day, Tennessee Valley Authority, Hoover Dam, etc.
 

sMiLeYz

Platinum Member
Feb 3, 2003
2,696
0
76
Maybe they will realize that a government-run economy is a terrible idea and quit trying to use the government as a driving force for growth. But probably not.

The USA is the furtherest thing from a government run economy. Spare the hyperbole. Speaking of which China is the world's largest command economy, and they're doing quite well.
 

boomerang

Lifer
Jun 19, 2000
18,883
641
126
I like how the left leaner's, now that the House has switched control, are all for making demands on the party they consider their enemy that they would never have demanded from their own.

Makes for entertaining reading.
 

Throckmorton

Lifer
Aug 23, 2007
16,829
3
0
Of course they'll vote against it. They have nothing to lose and everything to gain from destroying the economy even more than they already have.
 

jman19

Lifer
Nov 3, 2000
11,225
664
126
Yes, they will vote to increase it. They won't say that now, but that is what will happen.
 

JSt0rm

Lifer
Sep 5, 2000
27,399
3,948
126
I like how the left leaner's, now that the House has switched control, are all for making demands on the party they consider their enemy that they would never have demanded from their own.

Makes for entertaining reading.

I dont understand your point.
 

piasabird

Lifer
Feb 6, 2002
17,168
60
91
The Debt for the current year was still over 1 trillion. It is going to be fun to see them cut one trillion $$ out of the budget. I doubt it is possible unless you reduce the amount of SS and Medicare spending we currently have. Bush Warned us about the need to change SS. So now the change will have to be even more drastic, or the USA will just run out of money to pay SS.

We could reduce SS payments every year.
We could start means testing for SS and kick people off of it if they have too much retirement money.
We could pay SS for only one Spouse.
We could force all SS recipients to live in a one room apartment or lose their benefit.
We could start group homes for SS Recipients to reduce costs so we can pay less SS.

We could let grandparents just survive on what they have left until they die. Either move in with relatives or die.

Maybe they can legalize Suicide for seniors.

Look out Solient Green. Get the food pellets ready.
 
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Drako

Lifer
Jun 9, 2007
10,697
161
106
Question: Why didn't the Democrats vote to increase the debt ceiling before they lost control of the House?
 

JSt0rm

Lifer
Sep 5, 2000
27,399
3,948
126
Question: Why didn't the Democrats vote to increase the debt ceiling before they lost control of the House?

I think the vote happens at around the same time every year. So I'm sure they did vote for it in 2010.
 

swerus

Member
Sep 30, 2010
177
0
0
The Debt for the current year was still over 1 trillion. It is going to be fun to see them cut one trillion $$ out of the budget. I doubt it is possible unless you reduce the amount of SS and Medicare spending we currently have. Bush Warned us about the need to change SS. So now the change will have to be even more drastic, or the USA will just run out of money to pay SS.

We could reduce SS payments every year.
We could start means testing for SS and kick people off of it if they have too much retirement money.
We could pay SS for only one Spouse.
We could force all SS recipients to live in a one room apartment or lose their benefit.
We could start group homes for SS Recipients to reduce costs so we can pay less SS.

We could let grandparents just survive on what they have left until they die. Either move in with relatives or die.

Maybe they can legalize Suicide for seniors.

Look out Solient Green. Get the food pellets ready.

So you want to cut the only thing that isn't a handout? Medicare is what is killing us and it getting more expensive every second. You know that thing that Bush increased the spending on with Medicare D, or should I say taken from the tax payer and given to pharma.
 

bl4ckfl4g

Diamond Member
Feb 13, 2007
3,669
0
0
There's absolutely no way a debt ceiling increase doesn't happen.

It would absolutely ruin our credit rating and destroy the world economy.
 

JSt0rm

Lifer
Sep 5, 2000
27,399
3,948
126
There's absolutely no way a debt ceiling increase doesn't happen.

It would absolutely ruin our credit rating and destroy the world economy.

It will be interesting to see how the tea party candidates vote on this issue then.
 

Throckmorton

Lifer
Aug 23, 2007
16,829
3
0
The Debt for the current year was still over 1 trillion. It is going to be fun to see them cut one trillion $$ out of the budget. I doubt it is possible unless you reduce the amount of SS and Medicare spending we currently have. Bush Warned us about the need to change SS. So now the change will have to be even more drastic, or the USA will just run out of money to pay SS.

We could reduce SS payments every year.
We could start means testing for SS and kick people off of it if they have too much retirement money.
We could pay SS for only one Spouse.
We could force all SS recipients to live in a one room apartment or lose their benefit.
We could start group homes for SS Recipients to reduce costs so we can pay less SS.

We could let grandparents just survive on what they have left until they die. Either move in with relatives or die.

Maybe they can legalize Suicide for seniors.

Look out Solient Green. Get the food pellets ready.

Or remove the cap on SS tax. Why is it regressive?
 

Zebo

Elite Member
Jul 29, 2001
39,398
19
81
I don't think so. We're going all the way down the rabbit hole of high benefits and low taxes to fiscal insolvency. Republicans know 2/3 of American depend on Gov't spending in some form or another, they also know we run 1T of debt or about 43% of that government spending. Take 43% away from 2/3rds and unemployment skyrockets and major civil unrest. They're not stupid.

Course the pain will be like getting a needle shot compared to Chinese water torture when it all collapses.
 
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Fern

Elite Member
Sep 30, 2003
26,907
174
106
Will they block raising the debt ceiling? Or will they vote to allow more debt?

I think they will vote to allow more debt in 2011. I am no finance wizard but I think just putting on the brakes that hard would kill the economy. Discuss?

The economy won't be improved enough by then. Will such low federal revenues I don't see how they have any choice but to raise it.

Fern
 

werepossum

Elite Member
Jul 10, 2006
29,873
463
126
The economy won't be improved enough by then. Will such low federal revenues I don't see how they have any choice but to raise it.

Fern
They'll have to immediately raise it, which is no doubt why the Dems didn't pass a budget.