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To: Viennacon
to prevent the collapse you need to stop borrowing and the only way is to not raise the debt ceiling . this is what the republicans say but the media says that not raising the debt ceiling will cause a default which is a lie. if you had a credit card debt of 10,000 and they kept raising your limit , what would happen to you, you would default , them not raising your debt limit would help you , you see now? and the Constitution demands servicing of the debt FIRST so the media is lying lying lying lying. not raising the debt ceiling = something good what is needed but the media calls this default etc. lies

Oh there will be a default but it's because they keep raising the debt ceiling NOT because the Republicans refuse to raise the debt ceiling

the media is lying

its’ because the debt is growing that there will be a default but the media says the opposite

what's needed is to not raise the debt ceiling . the markets would eventually cheer that common sense you see?

44 posted on 10/15/2013 10:27:55 PM PDT by Democrat_media (IRS rigged election for Obama and democrats by shutting down tea party)
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To: Democrat_media

I get that. So, if the debt ceiling is not raised, we miss the deadline, then the executive branch begins closure of other areas to pay the debts right?

Maybe they sell off Department of Education assets, or refuse to pay workmen for a bridge. But is that re-arrangement of funds not overseen by the Executive branch? I realize enough money is coming into the federal government to cover the debt, but the Executive branch has the reigns do they not?

Is it not theoretically possible that the president (and the senate if needs must), take us into a default deliberately. Not saying that is what is planned, or what is constitutional, but could Obama do it?


46 posted on 10/15/2013 10:34:24 PM PDT by Viennacon
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