Posted on 05/02/2017 5:39:43 PM PDT by davikkm
I think u make my point, inadvertently. It’s “borrowing” authority we are talking about. The noose is tightening on the uni party marxists/socialists in the fed legislature. The day will come when enough stallions in the ledge will say NO! to raising the debt ceiling and, for awhile, federal checks will bounce. Federal governments all over the world routinely run out of money. We see that in Venezuela and others even today.
Talk about printing money, I have some Monopoly money, see if you can go buy a car with it.
But, you are absolutely correct that IF the federal legislature can continue to grant itself borrowing authority, the pain and ultimate disaster can be stretched out indefinitely.
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