Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: faucetman

I agree.

On the one hand, there is no way we can pay off the debt.
On the other hand, there is “no way” we would ever just default on our debt.

We have to choose between those two and I think the choice is pretty obvious.
Defaulting on the debt will cause pain, but mostly pain for bankers. And they deserve the pain.

We need an Article V convention and we need a balanced budget amendment. Then wipe the debt.


12 posted on 03/05/2021 8:50:04 AM PST by ClearCase_guy ("I see you did something -- why you so racist?")
[ Post Reply | Private Reply | To 5 | View Replies ]


To: ClearCase_guy

An article V convention would have us end up like Zimbabwe IF WE ARE LUCKY!

It would be the end of the Bill of Rights for starters and go down hill from there.


58 posted on 03/05/2021 11:10:49 AM PST by redgolum (If this culture today is civilization, I will be the barbarian)
[ Post Reply | Private Reply | To 12 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson