List of those that voted for Default

reply to post by Indigo5


If i have enough money to pay my entire Accounts Payable....and i choose to not take on any more debt, then I will only default if i choose to not pay the A/P accounts that I have cash on hand for.

Is the title yours? Whoever wrote it....it is untrue. Very untrue. They voted to not take on more debt. There was no vote on what would be paid and not paid....only on new debt being taken on.

That seems fiscally responsible. That is exactly what we need. And thank God Neugebauer voted right....or I would have to give him "what for" at the next Town Hall.

I'm sure some of you would have been happier if you could have said, "Well we sunk the USA, caused a worse recession than Bush BUT we sure showed that Obama".

damwel
I'm sure some of you would have been happier if you could have said, "Well we sunk the USA, caused a worse recession than Bush BUT we sure showed that Obama".

When you were a child (if you aren't still one), did you ever take responsibility for doing anything wrong or was it always the fault of someone else?

whats not being told is that the QE's 1.2.3 etc are majr contributers to the deficit ceiling


the $40 Billion per month buying just Mortgage Backed Securities
and the $80 Billion per month the Federal Reserve buys in U.S. Treasuries and Bonds
is the single biggest cost to the national debt and the budget over-runs


the Federal Reserve in absorbing all that property paper is only doing so ...to eventually divvy up all the private property between all the TBTF Banker Cartel

related 1 page read here: thecommonsenseshow.com...


we are allowing the bankers & the Federal Reserve to corral the population into serfdom...
where all (well 98% anyhow) those once private homes are owned by corporations and many Federal and State governments will have already sold off public property, public infrastructure to the banker-corporate conglomerate ---
the America of the near future will resemble a gigantic Mall with the Federal Reserve acting as the property-management and the 20 or so TBTF bank-finance concerns being the tennents ...and all the serfs will spend their 'debits' on survival needs and in service to the corporate godhead (Real Estate Investment Trust : America)






the lobbysts/bankers/Federal Reserve juggernaut... have the majority of the representatives on their side...so resistance is futile

reply to post by greencmp


You don't expect an honest answer from them do you?

This is the effect of a generation that was taught that everyone is a winner even if you didn't earn it.

reply to post by greencmp

If only there were more, I tip my hat to the brave few who seek to face the music, lance the boil and begin our national healing.

So you would tip your hat to a bunch of people who wanted to crash our economy and had absolutely no idea how to fix it. Yeah that makes sense.

reply to post by buster2010


How else would you put their wild wild west survivalist mad max world fantasy into reality?

reply to post by buster2010


Slapping a band-aid on something doesn't fix it either, we are just getting ourselves deeper and deeper but I guess that's fine with you.

Oh.. so maybe the "R" before a politicians name
stands for re..
Nevermind.

reply to post by thesaneone


slapping band-aid on a cut might help keep it until a solution is found, but you want to kill the person who has the would.

Ill go with band-aid.

greencmp
reply to post by Indigo5

 

If only there were more, I tip my hat to the brave few who seek to face the music, lance the boil and begin our national healing.

Apparently you celebrate the deniers, spendthrifts and tyrants, might I ask why exactly?

In short...because those that cheered and voted for default were not brave, they were vitriolic, irrational extremists, exploiting ignorance and anger for their own ambition, willing to punish the entirety of America because America didn't align with their purported minority view.

S&P's has already ran a near term analysis showing the stunt cost the US economy 24 Billion...Not counting lost hiring etc. The TP added to our debt, just by threatening the US economy for weeks.

And those that voted to save our economy from certain turmoil, to uphold a law that all three branches of government affirmed are the precise opposite of Tyrants. They defeated tyranny. Tyranny is not permitting our representatives a vote...And when that free vote occurred, we saw the truth of the people's will and the tyrannical nature of the vote that had been refused them for so long.

You have your terms reversed.

bigfatfurrytexan

hounddoghowlie
never understood how people think that, incurring more debt helps to get you out of debt.
and attack those who say, you can't barrow yourself out of debt.

go to your creditors and tell them that you want to raise your debt, with out enough income or assets to cover what debt you already have.

THis is not true.

I had a card with a $5000 limit. Needed to exceed that limit for a purchase. Called the company, did some dealing, and upped my limit to $10k. I only wanted it up to $7k...but thats not how they roll apparently.

If your credit profile validates the risk, the creditor will take on the risk at an interest rate reflecting the amount of risk being undertaken. Its why payday loans have such a high interest rate....the default rate on them is very high (but the scam on those comes in with how high the collection rate on defaulted loans really is).

my words.

go to your creditors and tell them that you want to raise your debt, with out enough income or assets to cover what debt you already have.

this is so true, in your case you had what they considered a reasonable expedition to be able to pay it back.
if you don't they would not not raised your limit or gave you credit. 16 trillion, the principle will never be paid off. and if the government doesn't soon pay it down or even better pay it off, soon the government won't be able to barrow any thing. hell china is already wanting us to pay and we can't even come up with the gold to give back to germany they want back.

are you borrowing money from another credit card company to pay that one off ? raising your limit and using it as you did and our government will do, incurs a higher debt. with more interest to pay. most creditor when you reach a certain point, will not extend you more credit, and when you start to have problems paying your interest rate will rise. and if you miss to many payments you wind up paying interest instead of principle.
which with a 16 trillion debt, your son's son's kids will be still be paying the debt.

abacus10
NO THEY DID NOT VOTE FOR DEFAULT, THEY VOTED FOR ZERO INCREASE IN THE DEBT CEILING.

The ONLY long term solution is for Obama to stop squandering cash and balance the budget, but it is one that he refuses to consider even to exist.

Nothing personal...But please review civics 101. Congress holds the purse-strings. They spend the money and balance the budget. Whatever your political leanings, falling victim to propagandist rhetoric doesn't do you any good.

Indigo5

greencmp
reply to post by Indigo5

 

If only there were more, I tip my hat to the brave few who seek to face the music, lance the boil and begin our national healing.

Apparently you celebrate the deniers, spendthrifts and tyrants, might I ask why exactly?

In short...because those that cheered and voted for default were not brave, they were vitriolic, irrational extremists, exploiting ignorance and anger for their own ambition, willing to punish the entirety of America because America didn't align with their purported minority view.

S&P's has already ran a near term analysis showing the stunt cost the US economy 24 Billion...Not counting lost hiring etc. The TP added to our debt, just by threatening the US economy for weeks.

And those that voted to save our economy from certain turmoil, to uphold a law that all three branches of government affirmed are the precise opposite of Tyrants. They defeated tyranny. Tyranny is not permitting our representatives a vote...And when that free vote occurred, we saw the truth of the people's will and the tyrannical nature of the vote that had been refused them for so long.

You have your terms reversed.

edit on 17-10-2013 by Indigo5 because: (no reason given)

Yes, the tyranny of the powerless symbolic minority (it is the tea party you are talking about, right?)

Taking a singular opportunity to draw attention to a fiasco of mammoth proportions is vitriolic? I pooh-pooh your absurdity.

buster2010
reply to post by greencmp

 

If only there were more, I tip my hat to the brave few who seek to face the music, lance the boil and begin our national healing.

So you would tip your hat to a bunch of people who wanted to crash our economy and had absolutely no idea how to fix it. Yeah that makes sense.

Oh, we know how to fix it, you just don't like the solution. What do you think all of this economic chit chat is all about?

Indigo5
Nothing personal...But please review civics 101. Congress holds the purse-strings. They spend the money and balance the budget. Whatever your political leanings, falling victim to propagandist rhetoric doesn't do you any good.

Are you fool enough to believe they don't talk behind closed doors, and scheme, in private, to promote an agenda?

It's either that, or you're willingly trying to give the impression they don't.

We aren't that stupid.

luciddream
reply to post by buster2010

 

How else would you put their wild wild west survivalist mad max world fantasy into reality?

So people that want to secure their future are nut job's? I would love an explanation on how people have a mad max fantasy when all they want to do is prepare.

Some people love to be a slave to the government. Have some pride people.

reply to post by Indigo5


Twisting facts much lately? Why don't you publish the list of votes against CR coming from the House, which had ACTUALLY bring us to the brink of default?

hounddoghowlie
never understood how people think that, incurring more debt helps to get you out of debt.
and attack those who say, you can't barrow yourself out of debt.

That is because CONGRESS already spent the money. These are bills due.

You do not look to "get out of debt" by stopping paying your bills...You spend less...and that is CONGRESS'S responsibility before the bills come due.

From the Hill..Conservative sympathetic, but mostly reliable

House-Senate budget conference to be formed

On their 22nd try, Senate Democrats on Wednesday got a deal with Republicans to hold a budget conference committee with the House.

Setting up the conference is a part of the deal the Senate approved Wednesday to end the shutdown and raise the debt ceiling.


Previous attempts by Senate Budget Committee Chairwoman Patty Murray (D-Wash.) to get unanimous consent for the conference were thwarted by a handful of Republicans.

thehill.com...


So who has refused to agree on a budget until last night?

greencmp
reply to post by Indigo5

 

If only there were more, I tip my hat to the brave few who seek to face the music, lance the boil and begin our national healing.

Apparently you celebrate the deniers, spendthrifts and tyrants, might I ask why exactly?

So now you want to deal with the debt?
Why not during Reagan or the Bush eras that brought the mountains of war and debt?
It's ok then I guess.