STrange times indeed - Page 5 - TigerDroppings.com

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Crow Pie
New Orleans Saints Fan
Heart of Lafayette
Member since Feb 2010
9826 posts

re: STrange times indeed


quote:

but future spending has nothing at all to do with the current debt.....that horse has left the barn....those goods and services have been received.


Step One..Shut the barn door.






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germandawg
Member since Sep 2012
2876 posts

re: STrange times indeed


quote:

Step One..Shut the barn door.



Really?? Step one would be round up the horse.....






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CptBengal
USA Fan
BR Baby
Member since Dec 2007
39209 posts

re: STrange times indeed


quote:

.it has nothing at all to do with us paying bills that we owe today..


the bills we owe today can be handled without raising the debt ceiling. No matter how many times you say it isn't true.

You are just wrong






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germandawg
Member since Sep 2012
2876 posts

re: STrange times indeed


quote:


we heard this last year. can't continue to fall for it. Sorry. Its gonna hurt...but it has to start somewhere.


if this is true do not call it fiscal conservatism.....it is not...it is the direct opposite. In late payment penalties and interest alone it is a bad idea not to pay your bills on time.....the resulting fall out could be catastrophic....if we go this route there is no way that anyone can call it fiscal conservatism because it is fiscal irresponsibility....






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SlowFlowPro
Stanford Fan
Simple Solutions to Complex Probs
Member since Jan 2004
295884 posts

re: STrange times indeed


quote:

Yes, if you cut out $200 in FUTURE spending you will be able to pay your mortgage....but you can't eliminate $200 in spending that has already occurred.....

who is saying you can eliminate past spending? nobody is arguing otherwise

you can correct past spending by future spending habits

i don't know if you're creating a strawman or if you're confused as to others' points, so i'll try to explain

this is NOT the binary system you created, where we have 2 choices: (1) raise the debt limit and increase our debtload or (2) don't raise the debt limit and default on past obligations

there is a 3rd choice where we can (1) not raise the debt limit and (2) pay these obligations. you are just ignoring this choice






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BBONDS25
LSU Fan
Member since Mar 2008
16314 posts

re: STrange times indeed



quote:

if this is true do not call it fiscal conservatism.....it is not...it is the direct opposite. In late payment penalties and interest alone it is a bad idea not to pay your bills on time.....the resulting fall out could be catastrophic....if we go this route there is no way that anyone can call it fiscal conservatism because it is fiscal irresponsibility....


interesting take






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doubleb
LSU Fan
Baton Rouge
Member since Aug 2006
6410 posts

re: STrange times indeed


I agree the debt ceiling debate is a sideshow. Republicans are trying to make political hay by acting as if they want to stop the spending when in fact they voted to spend what we are currently spending.

The debt was incurred when the Congress voted to spend the money and the president signed off on it. The debt ceiling is a mere formality.

The time to stop/slow spending is coming. That's when it's time to make a stand. What is happening now is ridiculous and I agree, the Republicans look like fools.






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germandawg
Member since Sep 2012
2876 posts

re: STrange times indeed


quote:

your condition makes the argument completely disingenuous

if we had the "political capital" to do it, we would have done it already. it's clear that we don't

that's why we are at where we are at. that's the problem, not the current debt ceiling debate

until we address the problem, we're putting lipstick on a pig. that's the basis of the "tea party" (original small government group that is doing exactly what they set out to do, regardless of your approval)



So what you saying is that the Tea Party is willing to default on the nations debt and add a huge amount of penalties and interest to that debt because they can't get their way politically??? Really??? WOW.....and that is exactly what I was waiting on one of you to admit......thank you!






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SlowFlowPro
Stanford Fan
Simple Solutions to Complex Probs
Member since Jan 2004
295884 posts

re: STrange times indeed


quote:

So what you saying is that the Tea Party is willing to default on the nations debt and add a huge amount of penalties and interest to that debt because they can't get their way politically??? Really??? WOW.

penalties and interest? who is going to charge that, the FED?

this ain't a credit card, hoss

hell, we should be negotiating with our creditors anyway, but that's another argument

quote:

and that is exactly what I was waiting on one of you to admit......thank you!

this isn't a gotcha moment

the solution to this problem is simple. the DEMs and establishment GOP don't want to deal with it. that's their fault. it's not the "tea party", especially since they didn't even really enact any of the programs that are causing these issues

if we don't address the underlying issues, down the road we won't have to worry about having this debate, because we'll just crash. it will be a lot worse, and we'll have little, if any, control over how to deal with it. so what YOU and your ilk are saying is that you're willing to welcome the crash because you can't get what you want, politically. Really??? WOW






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Crow Pie
New Orleans Saints Fan
Heart of Lafayette
Member since Feb 2010
9826 posts

re: STrange times indeed


quote:

Really?? Step one would be round up the horse.....


That's another step. You must first close the barn door to prevent any other horses from getting out the barn. Then you go round up horse # 1.






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TerryDawg03
Georgia Fan
The Deep South
Member since Dec 2012
1840 posts

re: STrange times indeed


quote:

you don't know today if your gonna be paid for goods and services already provided.....if your invoicing a federal agency today for goods or services provided this or last month (or like many small businesses a couple of months ago, bless their souls) right now it looks like you won't be paid for those goods or services....as of right now you are billing a customer who you know does not have the ability to pay you.


Based on this rationale, it sounds like US Treasurys should no longer be considered a risk free investment.






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Wally Sparks
Georgia Tech Fan
Atlanta
Member since Feb 2013
7670 posts
 Online 

re: STrange times indeed


quote:

if we don't address the underlying issues, down the road we won't have to worry about having this debate, because we'll just crash. it will be a lot worse, and we'll have little, if any, control over how to deal with it. so what YOU and your ilk are saying is that you're willing to welcome the crash because you can't get what you want, politically. Really??? WOW


Don't worry, they'll just continue to blame the GOP.






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MMauler
Member since Jun 2013
1769 posts
 Online 

re: STrange times indeed


quote:

Don't worry, they'll just continue to blame the GOP.


I can hear Obama and his minions now --

"If those Damn Republicans wouldn't have let us raise the debt limit, we wouldn't be in this position now."



OR

"If those Damn Republicans would have just let us spend another $5 Trillion every year to buy vot, I mean to 'stimulate' the economy, we wouldn't be in this position."



This post was edited on 9/19 at 10:43 am


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Taxing Authority
LSU Fan
Houston
Member since Feb 2010
22626 posts

re: STrange times indeed


quote:

They have destroyed the GOP as a national party...and it is going to get worse before it gets better, leaving the Democrats free reign to do all sorts of stupid shite.
No. They haven't. They've actually strengthened the resolve in the party. Rather than selling out to the democrats on nearly every issue, the people are getting a voice in DC. This of course pizzes democrats off. As they have grown accustomed to getting what they want at every turn. Kinda like a spoiled child.

If they were destroying the Republican Party... Liberals would be cheering them on. They aren't. They are demonizing them. That's a tell.

The idea that the Tea Party is radical is pure propaganda. Congrats for taking the bait. Hope it tasted good.



This post was edited on 9/19 at 11:07 am


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DallasTiger11
UCLA Fan
Los Angeles
Member since Mar 2004
2166 posts

re: STrange times indeed


Damn, there is some stupid in this thread. (not directed at you Taxing)

The irony of someone bitching about the Tea Party and Obama after admitting they voted for him TWICE is beautiful.






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