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1 posted on 07/15/2011 10:44:41 PM PDT by neverdem
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To: neverdem
The U.S. Treasury has never defaulted in the history of these United States, no currency has ever been declared null and void, no treasury note said to be without value.

Not going further into debt, despite the offer of more and more credit, should make the U.S. economy stronger and the likelihood of a default less.

Unless I woke up in Bizarro World, where everything is opposite.

If someone owed you 10,000$ - and a look at their finances showed that they continued to spend themselves further and further into debt - would a move on their part to live within their means and no longer go further into debt make you feel MORE or LESS likely to eventually get paid back?

???????

39 posted on 07/16/2011 6:18:11 AM PDT by allmendream (Tea Party did not send the GOP to D.C. to negotiate the terms of our surrender to socialism.)
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To: neverdem

And whatever happens, do not cut spending. We must not even talk about it.


40 posted on 07/16/2011 6:18:29 AM PDT by AD from SpringBay (We deserve the government we allow.)
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To: neverdem
On Wednesday, House Minority Leader Nancy Pelosi sent a warning on the debt-ceiling hike. “Let’s get on with writing the bill,” she said.

LOL. Such tripe spewing from the hole of the idiot who FAILED to even PRESENT a budget is rich.

41 posted on 07/16/2011 6:36:40 AM PDT by Recovering_Democrat
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To: neverdem
With the debt ceiling, as with TARP, what really matters is what happens after the vote.

Right. And TARP (and the Porkulus) imposed on us trillions more in new debt and instituted a disaster of a spending binge that is drowning us today. Now we want to gulp down more of the same old snake-oil?

If the debt ceiling is raised, what will happen after the vote is... "nothing". It will be just more of the same - lots more. The plunge into complete dissolution of the American Republic will simply continue on with added momentum and less chance of recovery.

This out of control government needs radical surgery, now. We have a raging Stage 4 cancer there are no longer enough band aids and aspirin to cover it up!

How long could your family survive making $60,000 a year while spending $100,000 and putting the balance on the maxed out credit cards?

42 posted on 07/16/2011 7:08:53 AM PDT by Gritty (Pull off the Band-Aid. Eat our peas. Now's the time to do it. - Obama on debt limit ceiling)
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To: neverdem

“Why Tea Partiers won’t listen to the establishment”?

Because “establishment”, it’s the “spending stupid”. We are tired of the financial ruin the spend and tax “establisment” has created to get votes.


45 posted on 07/16/2011 8:15:40 AM PDT by Proud2BeRight
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To: neverdem

Holding firm on the debt ceiling would not cause a default on treasuries; it would force congress to cut deeply, and that is what the establishment of both parties fear.


48 posted on 07/16/2011 12:02:05 PM PDT by editor-surveyor (Going 'EGYPT' - 2012!)
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To: neverdem
ESAD is a double entendre -- the lesser known meaning being: If you do, you will.
 
Bon Appetit, RINOs, and RIP.
 
\

Best Rats and RINOs Money Can Buy

 

 

 

54 posted on 07/17/2011 9:00:12 AM PDT by LomanBill (Animals! The DemocRats blew up the windmill with an Acorn!)
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