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Will debt ceiling be increased?

Topic closed. 260 replies. Last post 5 years ago by joker17.

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Will the U.S debt ceiling be increased?

YES [ 43 ]  [84.31%]
NO [ 8 ]  [15.69%]
Total Valid Votes [ 51 ]  
Discarded Votes [ 3 ]  
jarasan's avatar - new patrick.gif
Harbinger
D.C./MD.
United States
Member #44103
July 30, 2006
5583 Posts
Offline
Posted: August 1, 2011, 3:24 pm - IP Logged
    sully16's avatar - sharan
    Ringleader
    Michigan
    United States
    Member #81740
    October 28, 2009
    40431 Posts
    Online
    Posted: August 1, 2011, 9:37 pm - IP Logged

    We elect the entire House of Representatives every two years and twice in the last four years the majority changed drastically. The difference in the last swing was the new members of the majority party didn't follow their party leadership. Because Representative must spend lots of money to effectively run a reelection campaign, donations from special interest groups come into play.

    Had to chuckle when I noticed two people voted "no" after it was announced a deal had been made.

    Stack, I think we are all screwed. Plan for the worse and hope for the best.

    Did you exchange a walk on part in the war ?

    For a lead role in a cage?

     

                                                From Pink Floyd's " Wish you were here"

      rdgrnr's avatar - walt
      Way back up in them dadgum hills, son!
      United States
      Member #73904
      April 28, 2009
      14903 Posts
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      Posted: August 1, 2011, 9:45 pm - IP Logged

      Stack, I think we are all screwed. Plan for the worse and hope for the best.

      The United States is now officially in decline.

      Just where Obama and the Dems put us.

      Just where Obama and the Dems want us.

      China will be the world's Number One Economy in 2016 on our current trajectory.

      Harry Reid must be happy as a lark


                                                   
                           
                                               

       

       

       

       

                                                                                                         

      "The only thing necessary for evil to triumph is for good men to do nothing"

                                                                                                  --Edmund Burke

       

       

        Tenaj's avatar - michellea
        Charlotte NC
        United States
        Member #17406
        June 18, 2005
        4053 Posts
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        Posted: August 1, 2011, 9:53 pm - IP Logged

        The United States is now officially in decline.

        Just where Obama and the Dems put us.

        Just where Obama and the Dems want us.

        China will be the world's Number One Economy in 2016 on our current trajectory.

        Harry Reid must be happy as a lark

        No NoWe put ourselves where we are.

        takeemtothebank

          rdgrnr's avatar - walt
          Way back up in them dadgum hills, son!
          United States
          Member #73904
          April 28, 2009
          14903 Posts
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          Posted: August 1, 2011, 11:03 pm - IP Logged

          No NoWe put ourselves where we are.

          If you mean by voting those idiots in then I guess you're right, tenaj.

          But I can guarantee you we didn't empty the social security trust fund and fill it with worthless IOU's after they promised us it would never be touched.

          They did that.

          And everything else they did to put us in this horrendous mess we're in.

          We voted the dirtbags in and then they destroyed our country.

          And they should all be put in prison for what they've done.


                                                       
                               
                                                   

           

           

           

           

                                                                                                             

          "The only thing necessary for evil to triumph is for good men to do nothing"

                                                                                                      --Edmund Burke

           

           


            United States
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            July 10, 2010
            2180 Posts
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            Posted: August 2, 2011, 2:33 am - IP Logged

            Just wondering how many of you are with me on this one? I voted yes, it's obvious.

            I voted yes.

            There seems to be a lot of concern here about too much spending, some of which I can agree with.  But it would also help to consider some ways to offset the necessary spending.  Here's one:

            http://www.lotterypost.com/blogentry/54925

              CARBOB's avatar - FL LOTTERY_LOGO.png
              ORLANDO, FLORIDA
              United States
              Member #4924
              June 3, 2004
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              Posted: August 2, 2011, 6:04 am - IP Logged

              If you mean by voting those idiots in then I guess you're right, tenaj.

              But I can guarantee you we didn't empty the social security trust fund and fill it with worthless IOU's after they promised us it would never be touched.

              They did that.

              And everything else they did to put us in this horrendous mess we're in.

              We voted the dirtbags in and then they destroyed our country.

              And they should all be put in prison for what they've done.

              ridge,

              The first time, I heard about using the money from the trust fund was in Reagans' first term. This might not have been the first time it was done. It wasn't just the SS trust fund, also the Transportation trust fund. At that time, both funds were in excess of 75 billion surplus. I said it then and now, they never should have have touched neither trust fund. Every single one of our elected officals are bought and paid for by lobbyist, employed by big business.

                jarasan's avatar - new patrick.gif
                Harbinger
                D.C./MD.
                United States
                Member #44103
                July 30, 2006
                5583 Posts
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                Posted: August 2, 2011, 8:34 am - IP Logged

                Just a reminder 1 trillion dollars =  1000 x 1 billion dollars.

                http://www.usdebtclock.org/index.html

                  sully16's avatar - sharan
                  Ringleader
                  Michigan
                  United States
                  Member #81740
                  October 28, 2009
                  40431 Posts
                  Online
                  Posted: August 2, 2011, 8:44 am - IP Logged

                  Just a reminder 1 trillion dollars =  1000 x 1 billion dollars.

                  http://www.usdebtclock.org/index.html

                  Yikes,

                  Did you exchange a walk on part in the war ?

                  For a lead role in a cage?

                   

                                                              From Pink Floyd's " Wish you were here"


                    United States
                    Member #81843
                    October 31, 2009
                    856 Posts
                    Offline
                    Posted: August 2, 2011, 9:07 am - IP Logged

                    If you mean by voting those idiots in then I guess you're right, tenaj.

                    But I can guarantee you we didn't empty the social security trust fund and fill it with worthless IOU's after they promised us it would never be touched.

                    They did that.

                    And everything else they did to put us in this horrendous mess we're in.

                    We voted the dirtbags in and then they destroyed our country.

                    And they should all be put in prison for what they've done.

                    You TEAs do not make sense.

                     First you scream about socialism and socialistic programs, then you scream when SSI is threatened. You even say there is a life raft for Medicare and Medicaid, but from the other side of your mouth they are SOCIALISM and we are becoming communists by their very existence.

                    Do you like your SSI now? Are things a little tight there and now you want
                    SOCIALISM? Do You need SOCIALISM in the form of your SSI? Is the check your sufficiency
                    and not God? You sound like you now want womb-to-the tomb government-guaranteed
                    security (and no taxes). You are shameless and your conscience is seared with a hot iron.

                     

                    And there is plenty of money to pay the interest on our debt, the military, social
                    security, medicare and medicaid and all our other major debts anyway.”

                    Oh really? You are a trusted source?
                    Got a new writer there Ridge, ANYWAY????
                    Ridge never pulled that ‘ANYWAY’ crap before, it is not his style. Where is ‘it‘ (show me the money)
                    and why are not your Teabags in congress pointing the way to this abundance? Why
                    are you tea bags interested in only covering the interest payment? What about
                    paying on the principle? You already suggested we should fail and surrender,
                    but not to who. Has Ridge Runner been abducted by the NEOCONS?

                    “People are just getting fed up with the BS and you can't blame them.

                    You have to draw the line somewhere.”             The Reasonable Right is defining the line, Mr. Hobbit.

                    http://blog.nj.com/njv_john_farmer/2011/07/tea_party_antics_are_preface_t.html

                    -------------------------------------------------------------------

                     

                    “That's why you have to force-feed reform. There is no other way.

                    They need to learn they work for us and it's our way or the hi-way.”

                    I think I hear a TEA bagger statement echoed in those words. It is
                    documented that the seditious TEAS have called for a bullet box if the ballot box does not go their way. That means that if they don’t like the way things go, they start emptying bullet boxes on people. You sound like you want to bunk up with Jar-head Loughtner. You speak of sedition and encourage others to engage the same. Abby Hoffman would be proud of you.

                     

                    “The money is there, I've seen the figures but don't recall them off the top
                    of my head but they were surprised by even more tax revenue coming in than
                    expected.”

                    Who is ‘they’ Ghost writer? Ridge does not make unfounded statements so
                    carelessly. Now you are touching yourself. 

                    You claim there is a documented abundance of tax revenue. Then, all that
                    drama in DC is a Tri-partisan (the Dem’s, Pub’s and Tea’s have this info?) conspiracy
                    and there is no need of urgency to operate this country on a budget because
                    they have all the money they need to keep us afloat (paying interest on debts only). Brilliant! The
                    tension was unnecessary and three political groups are all together on this
                    sham because the money is really there. How evil of them to stress the whole
                    world. How come another country does not blow the cover on this story and tell
                    us to fly strait?

                    How lame. You could have quoted or referenced one of those red-white and
                    blue NEOCON foundations that are not main stream media like Rush does. Those
                    sources are what the sheeple are supposed to trust because they are not Main Stream
                    Media. You know, where the foxes are guarding the henhouse from the wolves of
                    media. Right.

                    The trusted sources are supposed to be these think tanks with patriotic names because we cannot trust
                    Main Stream Media. We are pounded with the concept that we cannot trust certain
                    media and these think-tank foundations just so happen to be there for us to
                    trust as honorable sources of American opinion and insight. We should trust and
                    listen to an independent think tank of American opinion chaired by who’s who (who
                    don’t want to be named). What a flagrant violation of reality. You are a NEOCON shill. You are seditious and
                    you make Jar-head look normal like we are all on the same page with him because,
                    “That's why you have to force-feed reform. There is no other way.” What a poison
                    idea.

                     

                    No patriot of this country would suggest a violent resolution because some
                    vote did not go their way. That is not the form of government we live by.
                    McCain took point on the TEAs and it is no accident. I admire the man for pointing to the line in the sand that our
                    rule of law allows. Remember what Boehner said about the shooting in Arizona, “We
                    will have the last word on this matter”. You can take that to the bank as a
                    bi-partisan pledge; the TEAs are NOT Republicans. Let me be perfectly clear; "We" does not include the TEAs.

                    "And they should all be put in prison for what they've done." Agreed.That all depends on who 'they' are and what they dun. Did they dun sedition?

                    TEAS: Absolutely shameless. You guys are anchored in many forums like you
                    will force feed reform through spreading NEOCON doctrines. Not all Americans
                    are as stupid as you guys think or you want them to be. Some of you seekers need to look at the first link below.

                     

                    http://www.worldcrisisnewswatch.com/2011/06/bilderberg-2011-rockefeller-world-order.html

                    http://www.amerikanexpose.com/quotes1.html

                    Where is ridge? Is he on a secret mission where he needed a
                    ghost writer to fill in at his home IP?

                      yomibid1's avatar - binary

                      United States
                      Member #49322
                      January 27, 2007
                      74 Posts
                      Offline
                      Posted: August 2, 2011, 9:47 am - IP Logged

                      I hope not.

                      I'd rather see the country go down fighting than surrendering with a whimper to the likes of weasels like obama and harry reid and then see it go down anyway.

                      They just want to kick the can down the road some more and keep spending like there's no tomorrow. Like they've been doing for decades.

                      I say it's time to draw the line - right here and right now.

                      If they won't stop the reckless spending then we have to force them to.

                      They should all go to prison for what they've done to this country.

                       

                      And the fact of the matter is that they'll still have plenty of income to pay all our major obligations anyway. They would just have to cut out all their pet projects and the looniest of all the loony things they spend our borrowed money on.

                      Screw 'em, we have to live on a budget and so should they.

                      Let 'em start now.

                      Just do it.

                      This has been going on for decades, so true,  it's been going on long before the present Administration.

                      The line should have been drawn long before now, and there is no quick fix.  The fighting need to stop

                      and we all need to come together to make this a better country for all people.


                        United States
                        Member #81843
                        October 31, 2009
                        856 Posts
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                        Posted: August 2, 2011, 10:07 am - IP Logged

                        “If our government cannot keep its books and pay its debt it will be deregulated. For such a local and international failure there is a plan by outsiders to govern such a designed crisis. Failure to address the debt with the urgency it requires will insure our national deregulation for a new regulation; new order.”  http://www.lotterypost.com/news/234092/2152800

                         

                        Well looky hear folks, we got a new credit rating by the regulators! Imagine that!

                        http://blog.nj.com/njv_john_farmer/2011/07/tea_party_antics_are_preface_t.html

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                          NASHVILLE, TENN
                          United States
                          Member #33372
                          February 20, 2006
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                          Posted: August 2, 2011, 11:37 am - IP Logged

                          No Carbob, thats not true, The congressional budget office projected a surplus that never happened, when Clinton left office there was actually a 69 billion dollar deficit.

                          Way to go, Sully.  You speak the truth.  Clinton just stated there was a surplus and all his cronies fell into line.  Even today, when the truth is out there, you will hear those who have been duped into declaring Clinton left a surplus.

                            CARBOB's avatar - FL LOTTERY_LOGO.png
                            ORLANDO, FLORIDA
                            United States
                            Member #4924
                            June 3, 2004
                            5896 Posts
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                            Posted: August 2, 2011, 12:38 pm - IP Logged

                            Way to go, Sully.  You speak the truth.  Clinton just stated there was a surplus and all his cronies fell into line.  Even today, when the truth is out there, you will hear those who have been duped into declaring Clinton left a surplus.

                            This explains, which may or may not be true. You can't take nothing for granted when dealing with politicians.

                            http://wiki.answers.com/Q/Was_there_a_national_surplus_when_Clinton_left_office

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                              NASHVILLE, TENN
                              United States
                              Member #33372
                              February 20, 2006
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                              Posted: August 2, 2011, 1:34 pm - IP Logged

                              this just came off the wire ap news

                              WASHINGTON (AP) — President Barack Obama and Republican congressional leaders reached historic agreement Sunday night on a compromise to permit vital U.S. borrowing by the Treasury in exchange for more than $2 trillion in long-term spending cuts.

                              Officials said Republican Speaker John Boehner telephoned Obama at mid-evening to say the agreement had been struck.

                              No votes were expected in either house of Congress until Monday at the earliest, to give rank and file lawmakers to review the package.

                              The spending cuts will never happen.  the democrats have lied once again for the sole purpose of getting what they wanted. 

                              I fully expect Obama to have spent whatever money the higher debt ceiling will provide within the next 9 months.  He will then call for an even high debt ceiling and his minions will call those who oppose "terrorists, wingnuts, teabaggers" and other assorted names.

                              And people like (insert your favorite liberal here) will rally to Obama's cause and find all sorts of articles pointing out how Obama is right and those who wish to be fiscally responsible are wrong.

                                 
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