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Posted on 9/8/21 at 12:07 pm to Wally Sparks
quote:
Why have a debt limit at this point?
exactly,
it's never been a barrier before
Posted on 9/8/21 at 12:08 pm to Jbird
someone saying it's all Trump's fault in 3, 2, 1....
Posted on 9/8/21 at 12:11 pm to TrueTiger
if the U.S. borrowed the very first dollar ever printed into existence, where will the dollar come from to pay it back?
Posted on 9/8/21 at 12:12 pm to lsu11
quote:
It’s like the late great Lionel Ritchie once said
Bro, Lionel is still alive and well.
Posted on 9/8/21 at 12:13 pm to Jbird
Didn't the crooked bitch say the same thing last month? Nothing was done and they kept spending.
Posted on 9/8/21 at 12:13 pm to Jbird
quote:
Treasury Secretary Janet Yellen on Wednesday warned congressional leaders that the U.S. is on track to default on the national debt in October if the White House and Congress are unable to raise the debt limit.
So we are going to default on the credit card if we don't raise the credit limit?
The dollar is so fricked.
Posted on 9/8/21 at 12:14 pm to Jbird
Working Americans must suck it up so everyone pays their fair share
Well at least the working half of the country anyway. Those who were fiscally responsible to themselves will have to pay even more while others who spent without a care to give free stuff to their voting base so they could stay home, get more free shite to stay home.
They want the other half to become part of the welfare state as well.
Well at least the working half of the country anyway. Those who were fiscally responsible to themselves will have to pay even more while others who spent without a care to give free stuff to their voting base so they could stay home, get more free shite to stay home.
They want the other half to become part of the welfare state as well.
Posted on 9/8/21 at 12:18 pm to Figgy
quote:
The solution to not being able to pay your existing debt is to have more debt?
Borrow more money to pay the interest on existing debt. It’s a house of cards that will be very ugly when it collapses
Posted on 9/8/21 at 12:19 pm to jmcwhrter
quote:
if the U.S. borrowed the very first dollar ever printed into existence, where will the dollar come from to pay it back?
Posted on 9/8/21 at 12:23 pm to Jbird
While I know that the majority of the debt is owed to US taxpayers, particularly through SS, Medicare, etc obligations, a chunk of it is owed to foreign governments as well.
Over $1 trillion is owed to China. How much have we invoiced China for their negligence regarding Coivd-19 virus?
Over $1 trillion is owed to China. How much have we invoiced China for their negligence regarding Coivd-19 virus?
Posted on 9/8/21 at 12:24 pm to Jbird
Let it burn.
Posted on 9/8/21 at 12:28 pm to lsu11
Lionel Ritchie has not died.
He and the 'Tuskegee Commodores' used to play in my hometown at school dances, homecomings, etc. during the late 60s and early 70s
We were sort of fortunate in the area of music. 'Allman Joys" used to play the NG Armory Friday nights when they lived in my town and their producer Johnny Sandlins town.
Gig bands of some of the worlds finest musicians from over in Muscle Shoals used to play at all the places at the Tennessee State line where I learned my love for cold draft beer when the legal age was 18 there.. This enriched Limestone County Alabama as their Sherriff patrolled those returning from said state line activities.
Ah, good times.. Club 17 St Joseph/Lorreta; Pioneer Club, Pulaski some (some of them anyway), a huge one in Elkton
He and the 'Tuskegee Commodores' used to play in my hometown at school dances, homecomings, etc. during the late 60s and early 70s
We were sort of fortunate in the area of music. 'Allman Joys" used to play the NG Armory Friday nights when they lived in my town and their producer Johnny Sandlins town.
Gig bands of some of the worlds finest musicians from over in Muscle Shoals used to play at all the places at the Tennessee State line where I learned my love for cold draft beer when the legal age was 18 there.. This enriched Limestone County Alabama as their Sherriff patrolled those returning from said state line activities.
Ah, good times.. Club 17 St Joseph/Lorreta; Pioneer Club, Pulaski some (some of them anyway), a huge one in Elkton
Posted on 9/8/21 at 12:29 pm to Jbird
Forgive me if I am wrong but if you keep borrowing by raising your debt limit you are not addressing the problem. Borrowing more money when you can’t afford your current note is ludicrous. This country is heading for a bad place.
Posted on 9/8/21 at 12:29 pm to Figgy
quote:
The solution to not being able to pay your existing debt is to have more debt?
Posted on 9/8/21 at 12:36 pm to Jbird
This post was edited on 9/8/21 at 12:48 pm
Posted on 9/8/21 at 12:39 pm to Placekicker
This post was edited on 9/8/21 at 12:40 pm
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