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To: SoFloFreeper
By the way, is no one able to penetrate the truth that default really means not paying the interest on the debt, and we’re not going to do that?

What about the rest of the people we owe money too? The companies that sell the government fuel, food for the troops, munitions, toilet paper, rents building space, provides electricity and other utilities? If they have a contract to provide it and the government doesn't pay them then are you saying the government isn't in default? What about military pay and pensions? What if we don't pay those - default or no? Social Security and Medicare are non-discretionary expenses. Wouldn't failure to pay those be default?

43 posted on 10/14/2013 12:45:11 PM PDT by DoodleDawg
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To: DoodleDawg

The way it has been ‘splained is that a technical default is the failure to pay interest on the debt.

that isn’t going to happen, unless the Clown chooses not to pay the interest.


45 posted on 10/14/2013 12:49:14 PM PDT by SoFloFreeper
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