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Let’s fricking Default!

Posted on 9/29/21 at 8:57 pm
Posted by Catchfalaya
Member since Feb 2018
1923 posts
Posted on 9/29/21 at 8:57 pm
frick it! Government can’t pay latoya and shaqunada there benefits! Oh who gives a shite! Wall Street collapses, and people are forced to try to manufacture shite in THIS COUNTRY! Creating jobs, putting freeloaders to work because there government checks dried up. Let’s do it! Default! Default! Default!
Posted by RCDfan1950
United States
Member since Feb 2007
34975 posts
Posted on 9/29/21 at 9:02 pm to
Nice plan. Won't work. Neither will a lot of the folk. People that can't function in easy times...won't be able to in especially hard time. But one can dream.
Posted by burger bearcat
Member since Oct 2020
8875 posts
Posted on 9/29/21 at 9:02 pm to
Honestly I'm ready for this country to get a f*cking reality check. Congress and the FED has been keeping us afloat on a sugar high. I hope the house of cards comes crashing down and the free loaders feel the brunt of it.
Posted by Catchfalaya
Member since Feb 2018
1923 posts
Posted on 9/29/21 at 9:04 pm to
This is the way
Posted by momentoftruth87
Member since Oct 2013
71505 posts
Posted on 9/29/21 at 9:05 pm to
We do this every year
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
51705 posts
Posted on 9/29/21 at 9:06 pm to
It will happen eventually. The government can't tax it's way beyond bad spending habits and it can't spend itself out of debt.
Posted by elprez00
Hammond, LA
Member since Sep 2011
29397 posts
Posted on 9/29/21 at 9:08 pm to
quote:

I hope the house of cards comes crashing down and the free loaders feel the brunt of it.

They’ll blame you and me as the fires are burning. It’ll be “our” fault that gubmint can’t give out freebies. And these assclowns will cross the line into the suburbs to “get theirs.”

Hope you’ve got ammo. This is how countries fall into civil war. Read a history book. This leftist crap is not and has never been sustainable.
Posted by Figgy
CenCal
Member since May 2020
7226 posts
Posted on 9/29/21 at 9:18 pm to
quote:

Honestly I'm ready for this country to get a f*cking reality check. Congress and the FED has been keeping us afloat on a sugar high. I hope the house of cards comes crashing down and the free loaders feel the brunt of it.


Yes, all of this. There are far too many people across the political and economic spectrum that need to feel some pain that have up to this point been insulated from it.
Posted by Catchfalaya
Member since Feb 2018
1923 posts
Posted on 9/29/21 at 9:20 pm to
They can holler, riot, burn, all they want. All you have to do is out last them and be more resourceful. Eventually the government will have to come in and be the bad guys
Posted by Frogluv
Baton Rouge
Member since Oct 2016
22 posts
Posted on 9/29/21 at 9:23 pm to
We are not going to default. Its a panic threat like usual for these people. The dept interest is 45 billion per month and our IRS revenue is 330 billion. Its all a bunch of bullshite to fool and stress out the people to get what they want.
After the 45B is paid, SOC, pensions and MEDICARE are paid.
That's why they have open boarders. To bring in more idiots
Posted by Bayoutigre
29.9N 92.1W
Member since Feb 2007
5627 posts
Posted on 9/29/21 at 10:25 pm to
default has already happened,we will be doing a currency reset. when does it go into effect?not sure but 2021 fiscal year ends 9/30 we walk away from illegal debt
Posted by SoDakHawk
South Dakota
Member since Jun 2014
8596 posts
Posted on 9/29/21 at 10:31 pm to
When will we ever pay down the principal? All of it, never gonna happen we'll always carry some debt on the books. That's not a bad thing as every company or individual isn't maximizing their potential without some debt. I'm talking paying it down to manageable levels. We're probably too far gone for that. So in that case bring the default sooner rather than later so the hole won't be as deep.
Posted by Powerman
Member since Jan 2004
162235 posts
Posted on 9/29/21 at 10:42 pm to
Why would you think we would need to pay down the principal? Lol
Posted by NPComb
Member since Jan 2019
27391 posts
Posted on 9/29/21 at 10:43 pm to
I'm all in!
Posted by stinkdawg
Savannah, smoking by the gas cans
Member since Aug 2014
4072 posts
Posted on 9/29/21 at 10:48 pm to
Your plan will work. Without cabal interference, we would have a depression like the 30's. But we would come out of it stronger. The problem is thats what they want. Be miserable and beg the Gov to save you. We didn't beg the Gov to save us from covid but that didn't stop them.
This post was edited on 9/29/21 at 10:53 pm
Posted by SoDakHawk
South Dakota
Member since Jun 2014
8596 posts
Posted on 9/29/21 at 10:52 pm to
Because our debt as a percentage of GDP is scary high. So we have two choices, reign in the debt or outrun it. We aren't going to outrun it so it needs to be a combo of expansion and pay down to get things more manageable, if that's possible.

I say that and the Dums are wanting to pass a freakish spending spree that we'll never recover from.
Posted by bayou39
Member since Nov 2012
626 posts
Posted on 9/30/21 at 5:35 am to
It would be all great to purge the free loaders off the government …. But how would this affect people who have legitimate need from devastating disabilities …. My sister is disabled from nmo and needs govt assistance … would a default make her life more of a hell than it already is? I’m not taking a stand just asking a question.
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