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To: Matchett-PI
All of this could've been avoided had the GOP leadership not indulged in political games with the usual wink & nod to the democrats.

Will we ever have principled leadership.

152 posted on 07/29/2011 7:26:43 AM PDT by skeeter
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To: skeeter

This article is full of propaganda and deflects blame to conservatives. And you fell for it.

Clues:

-The 14th Amendment does not permit the US to avoid payment on the national debt. It is an impeachable offense. It must/will be paid with monthly tax receipts before anything else.

-Cutting current spending improves the US’s credit rating, whereas raising the debt limit damages the US’s credit rating.

The conservatives are insisting on greater spending cuts, just as the TEA party advocates. This protects the credit rating while depriving democrats the funds they need to buy political support.

If the Dems choose to not make debt interest payments it will skyrocket interest rates and they will face impeachment.


166 posted on 07/29/2011 7:36:40 AM PDT by Justa
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