[NoLibZone]

I Don’t care if Reid or Bohner win or lose.

We must win.

Our Kids must win.

Half of the children born today ( only half of Americans pay taxes ) already are already in debt to the tune of $92,000.00 dollars.

Nancy wants to add $9,000 dollars to $101,000 dollars.

This figure does not include the annual taxes owed.

Nancy is puzzled about the fight to raise the debt- “why now, why this president?”

Pelosi is unaware of the current economic climate Americans are faced with.

[q_an_a]

japan has a AA+ bond rating - did the markets meltdown forever and do they still make great products?

[tennmountainman]

Oh my...look at this.

When Moody’s downgrades our ratings, I guess we will see another blame game coming out of DC. But where are the solutions?

These two bills do NOTHING to begin the process of saving this country from the coming collapse.

[MontaniSemperLiberi]

Already posted and has a good discussion going, http://www.freerepublic.com/focus/f-news/2756291/posts

[C210N]

Neither debt plan protects the nation's AAA rating...

Actually, when you think about it, neither debt plan DOES protect the AAA rating...

... in the sense that if we have neither plan, zer0/regime is forced to trim $1.65 Trillion from THIS year's spending. And, repeat next year as well... Govt will spend approximately $175-$200 billion per month - the amount it takes in.

[TruthConquers]

Neither party will EVER cut the spending!!!!

Why? We have to cut spending, why can’t they?

Because we are a fiat currency, and it NEEDS debt, a constantly growing and NEVER shrinking debt, to survive.

That is why. It is not pretty to be at this point of a currency based only on the power to tax. That is the only thing holding up the US dollar. NOTHING else.

So, why should either party stop it??

Why should they cut back on their ability to buy votes??
AH!!! They aren’t going to stop.

A fiat currency is just like a shark, it needs a growing debt to stay alive.

They will never cut the spending.

I wish they would, but they won’t. The die was cast, with a dem majority, giving this nation the FED, in 1913.

THAT is the root of the problem.

[cookcounty]

"both debt plans put forward....."

UH......, there are three plans put forward.

[andyk]

The "limited magnitude" of both debt plans put forward by congressional leaders would not put the nation's AAA credit rating back on solid footing, Moody's Investors Service announced Friday.

Surely not a single FReeper is surprised by this.

[PGalt]

DEFUND socialist collectives, foreign and domestic. Parasites collapse...we get solvent VERY FAST.

[MasterGunner01]

Yes — the solution is REAL cuts and not the smoke and mirrors DC is famous. I will believe there are cuts when we see empty cubicles in FedGov alphabet agencies. Not before.

[expatpat]

Cut every budget item by 10% each year until the budget is balanced.