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Yellen ‘nervous’ about US defaulting on debt
The hill ^ | 01/29/2023 | Stephen Neukam

Posted on 01/29/2023 7:26:01 AM PST by ChicagoConservative27

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To: ChicagoConservative27

Because being irresponsible is the responsible thing to do.


21 posted on 01/29/2023 8:06:14 AM PST by RckyRaCoCo (Please Pray For My Brother Ken.)
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To: Daveinyork
Let’s borrow ever more money to pay debts and current deficits. What could possibly go wrong?

++++++++++++++

On the family level, when the Visa is maxed out, get the Discover card to pay Visa, next month when Discover bill comes you need to get a MasterCard to pay Discover. Next month no one will give you another card. I guess it's time to go buy more shit.

22 posted on 01/29/2023 8:08:43 AM PST by mund1011 (We can ignore reality, but we cannot ignore the consequences of ignoring reality)
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To: ChicagoConservative27

Good, then I guess she’ll have no problem cutting government spending in half otherwise.


23 posted on 01/29/2023 8:08:47 AM PST by fruser1
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To: ChicagoConservative27

Like a bully

Give me or you will hurt.


24 posted on 01/29/2023 8:09:42 AM PST by cuz1961 (USCGR Veteran )
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To: ChicagoConservative27

Bankruptcy!


25 posted on 01/29/2023 8:09:44 AM PST by PGR88
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To: ChicagoConservative27

Only a suicidal ifiot would lend to such a grossly insolvent organization


26 posted on 01/29/2023 8:11:44 AM PST by faithhopecharity (“Politicians are not born. They're excreted.” Marcus Tillius Cicero (106 to 43 BCE))
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To: Leaning Right
NUTS

IT WAS MID-morning on Dec. 22, 1944 when U.S. troops manning the defences of the besieged Belgian town of Bastogne watched as four German soldiers – a major, a captain and two enlisted men – approached under a large white flag.

The U.S. Army’s 101st Airborne Division had established a perimeter there just two days earlier to halt Hitler’s surprise offensive through the Ardennes.

By that point, 400,000 German troops supported by more than a thousand armoured vehicles had smashed though the American lines and were driving on the port of Antwerp in hopes of splitting the Allied forces.

Bastogne was right in their path. Seven major roads led into and out of the city; capturing it was critical to the German advance.

When presented with the surrender demand, the 101st commander, Brigadier General Anthony C. McAuliffe, laughed at very notion of surrender. In his opinion his men were giving the Germans “one hell of a beating” and felt the enemy demand was out of line with the existing situation.

“Aw, nuts,” he blurted out.

And so, the German army ground to a halt around Bastogne – without fuel and without sufficient reserves to replace their losses – the battle the Germans were engaged in was already lost, just as General McAuliffe had predicted days before.

27 posted on 01/29/2023 8:13:49 AM PST by spokeshave (Proud Boys, Angry Dads and Grumpy Grandads.)
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To: mund1011

Went to HD, who said my auto-pay card was $17. past due. They wouldn’t take a payment in any form. I had $3,000. roofing ready to go. They offered a new card. I said, ok, but only $3,000. 90 seconds later I had a card with $8,000. available. This is the problem here. Yes, they are all paid off.


28 posted on 01/29/2023 8:15:23 AM PST by healy61
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To: ChicagoConservative27

It’s comforting knowing that Yellen is hiding out in South Africa after hanging the rest of us out to dry.


29 posted on 01/29/2023 8:18:31 AM PST by Diana in Wisconsin (I don't have, 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set. )
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To: ChicagoConservative27; All

“Yellen has been able to enact accounting moves...”

Prestidigitation!

prĕs″tĭ-dĭj″ĭ-tā′shən

noun

Performance of or skill in performing magic or conjuring tricks with the hands; sleight of hand.


30 posted on 01/29/2023 8:21:45 AM PST by Diana in Wisconsin (I don't have, 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set. )
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To: ChicagoConservative27

Default on $31 trillion? Who could believe it? Of course we’re going to default. 😆


31 posted on 01/29/2023 8:25:16 AM PST by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
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To: ChicagoConservative27

Default is not going to happen. They are scare mongering to get their way and spend, spend, spend so they can control, control, control every aspect of our lives.


32 posted on 01/29/2023 8:30:30 AM PST by SaxxonWoods (The only way to secure your own future is to create it yourself. 111 is the key.)
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To: BereanBrain; All

“A balanced budget law - live within your means.”

That was passed decades ago. Didn’t work. Graham-Rudman Act, 1985.

The House is ruled by Republicans. The Constitution says the House SHALL produce an annual budget.

They. Won’t. Do. It.

There are no Omnibus Bills and there is no debt ceiling to hit if the House does its job. Republicans lie just as much as Democrats. We’re being played by both parties.


33 posted on 01/29/2023 8:35:26 AM PST by SaxxonWoods (The only way to secure your own future is to create it yourself. 111 is the key.)
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To: ChicagoConservative27

How about this for an idea

CUT SPENDING


34 posted on 01/29/2023 8:35:41 AM PST by Nifster (I see puppy dogs in the clouds )
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To: ChicagoConservative27

Yellen was in Africa the other week made a speech in Zambia saying China was bad regarding debt management in Africa.

The Chinese Embassy fired back saying the US needs to get its own financial house in order.

https://freerepublic.com/focus/f-news/4125808/posts


35 posted on 01/29/2023 8:37:16 AM PST by Nextrush (FREEDOM IS EVERBODY'S BUSINESS-REMEMBER PASTOR NIEMOLLER)
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To: spokeshave

Somewhere I heard, and can’t remember where, that “nuts” was not his real answer. It was an expletive, and that the word “nuts” was substituted in order to clean it up a bit for dissemination to the populace.


36 posted on 01/29/2023 8:43:57 AM PST by FMBass (USN vet DE-1074 Retired Chem E)
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To: ChicagoConservative27

Ah, they’ve lit another gaslight. Yellon manages money like CNN manages the truth. She’s the financial equivalent of an ignorant s***.


37 posted on 01/29/2023 8:55:10 AM PST by Da Coyote
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To: Da Coyote

It’s not Yellen’s job to pass a budget. That’s the job of the Republican held House.

Republicans control the House, where is their budget????


38 posted on 01/29/2023 9:05:06 AM PST by SaxxonWoods (The only way to secure your own future is to create it yourself. 111 is the key.)
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To: ChicagoConservative27
It's not incompetence.

It's intentional!

39 posted on 01/29/2023 9:06:40 AM PST by newfreep ("There is no race problem...just a problem race")
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To: newfreep

“It’s intentional!”

It’s Republicans at fault, not Democrats! The House is in charge of budget and spending.


40 posted on 01/29/2023 9:10:16 AM PST by SaxxonWoods (The only way to secure your own future is to create it yourself. 111 is the key.)
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