Dem Says National Debt Not a Threat [semi-satire]

Semi-News/Semi-Satire ^ | 10 Apr 2016 | John Semmens

[John Semmens]

Sen. Ed Markey (D-Mass) brushed off fears that a runaway national debt could pose a threat to America. "Look, a debt of whatever amount merely records resources that have already been acquired by the government," Markey argued. "The government has already gotten and spent that money for the benefit of America. Whether it ever pays this money back is basically irrelevant."

"Let's imagine that, 'horror of horrors,' the government defaults on this debt," Markey continued. "Who's hurt? The people who lent the money to the government by buying bonds can obviously afford to lose this money. People who need their money don't buy bonds. They buy food. The net result of a default is that funds are transferred from those who can afford doing without the money to the government that spends it for the benefit of all the people. How is that a threat?"

Senate Foreign Relations Committee chairman Bob Corker (R-Tenn) labeled Markey's statement "a crackpot idea. If we don't honor our debts how can we expect anyone to lend to us when we need it?"

Markey dismissed Corker's doubts as "pedestrian thinking. This is the government we're talking about. If push comes to shove, we can just seize whatever resources we need. No nation, no organization, no individual can stand against the might of the United States. We have the technology and the firepower to take whatever we need to ensure that our government will continue to function."

In related news, Democratic presidential aspirant Sen. Bernie Sanders (Vt) defended queuing for consumer goods as "in many ways, a more equitable way of distributing scarce items like bread. While there can be great disparities in the ability to pay money, the amount of time available to everyone is more fairly balanced. Waiting in line exacts an equal amount of time from all. On top of this, it gets people out of doors and into the fresh air. That also has health benefits that are denied in a capitalist system that stocks abundant merchandise and requires no waiting to obtain it."

if you missed any of this week's other semi-news/semi-satire posts you can find them at...

http://www.gopbriefingroom.com/index.php/topic,201665.0.html

[rawcatslyentist]

Communism cures obesity.......

[sparklite2]

Liberals think that deficits don’t matter, we only owe the debt to ourselves, and that the Constitution is just a piece of paper. The difference in mindset between a leftist and myself, I have learned, is such that the only reason we are able to communicate is that we share a common language. Other than that, we are so radically different, we may as well be from different planets.

[T-Bone Texan]

I know it’s satire, but subject of debt raises my ire.

The elites want people to carry a high debt load. They do not want the little people to be prudent/frugal and save.

If us little people got off the easy credit debt teat and spent frugally, the only threat to the economy would be the downward sale trends of Lear jets and personal helicopters.

[Jim W N]

Maybe not, but the $4 trillion mostly unconstitutional tyranny of the federal government in size and acts sure is a threat - the greatest threat to freedom America has ever faced.

[central_va]

John you need to write one about how Free Traitors™ don’t think trade deficits matter either.

[econjack]

Kinda applies here, too.

[sparklite2]

If us little people got off the easy credit debt teat

---

When Carter was in office, he urged Americans to reduce our credit card debt. So many of us stopped buying on credit, it whacked the already flailing economy upside the head. Soon, Carter was back on TV asking us to start charging again. The wife and I looked at each other and said, “Nah.” We paid off our cards and threw them in the trash. Get used to living below your means, youngsters, and you’ll have a better economic life.

[Donglalinger]

Someday the Republicans will control both houses of congress and stop all this crazy spending.oh wait

[mbynack]

I know this is satire, but it’s based on something that Markey actually said.

My question is if debt doesn’t matter, why don’t they just borrow enough money to give us all “tax rebates” of a million dollars so we can all retire? No one would have to work. There were be no more poor people. Cats could live with dogs in harmony. We could all have our own unicorns.

[Harpotoo]

Debt at $19,241,000,000,000+ What could go wrong?-)

[chrisser]

"My question is if debt doesn’t matter, why don’t they just borrow enough money to give us all “tax rebates” of a million dollars so we can all retire? No one would have to work. There were be no more poor people. Cats could live with dogs in harmony. We could all have our own unicorns."

So , essentially, we'd all be in Congress?

[zzwhale]

“Look, a debt of whatever amount merely records resources that have already been acquired by the government”
WHAT IS THAT SUPPOSED TO MEAN

this shows the utter stupidity and greed of these low life scumbag politicians

NO AHOLE..... THE MONEY HAS BEEN SQUANDERED.... and a LARGE PORTION OF IT HAS FOUND ITS WAY INTO POLITICIANS’ pockets...

someone should beat his head aginst the wall for an hour