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If we default it will cost Americans


lefty
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Billions.

 

teabagers think if they sabatous America it will mean no more paying entitlements or SS or VA benefits medical care . And save money but it won't it will mean billion that the government pays other than for America .

It will mean we pay up front in larger payments . It will mean money will be more expensive to borrow and mortgage payments go up .

 

Tea party people are traitors

Golfboy is a traitor

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"sabatous"- Explain please. :lol:

swampman....you are the man...i love your posts...i love you as a human being........i want to say this though...it is not nice to pick on the retards............i mean i dont know...i got a retard friend...(dano bivins) but i dont make fun of him........

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swampman....you are the man...i love your posts...i love you as a human being........i want to say this though...it is not nice to pick on the retards............i mean i dont know...i got a retard friend...(dano bivins) but i dont make fun of him........

 

 

It's OK I'm retarded too. :lol:

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Bunch of bullcrap. The feds take in enough with the tax code to cover SS/Medicare/Medicaid/VA/Defense and a few more.

They take in roughly $3 Trillion a year or over $240 Billion a month! What can't be covered is non-essential!

 

I say leave bitch shut down for awhile....

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How do you choose which bills America doesn't need to pay? Even if the bonds are repaid do you think the failure to pay for work done will not have huge problems, that if that idea is acceptable to the American people then maybe next time it will be bonds. It will mean America doesn't deserve a AAA rating and will probably mean people will flee it anyway, a country prepared to renege on some debts is inherently less trustworthy than one not prepared to make such a decision.

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"sabatous"- Explain please. :lol:

 

It's some sort of condition of the scalp. Where that fits in, I dunno.

 

We ain't defaulting anytime soon. There's plenty rolling into the treasury to pay T-Bills and interest on the debt.

 

Next argument.

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A default will throw the whole world economy in a tailspin.

 

All because of a few radical tea baggers holding the country and world hostage.

 

It's sickening.

 

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PANIC NOW

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Bunch of bullcrap. The feds take in enough with the tax code to cover SS/Medicare/Medicaid/VA/Defense and a few more.

They take in roughly $3 Trillion a year or over $240 Billion a month! What can't be covered is non-essential!

 

I say leave bitch shut down for awhile....

No fucking shit. They continue to take more and more and spend the hell out of. This has got to stop!!!!! Motherfuckers just want to raise this and raise that with no accountability.

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Thanks Fargo, for showing us all how little you read and how little you know nothing.

 

You think this is all a game. Do some research on how deadly the United States of America defaulting on its debt will be.

Funny...it's the same idiots that support the idiots that is driving this country into the ground.

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Anshu Jain, the co-chief executive of Deutsche Bank, said on the international institute panel that his executive team had been trying to make contingency plans in case of a default, but it had struggled to come up with measures that would significantly stem the losses.

“You don’t want to go into all of it,” he said. “This would be a very rapidly spreading fatal disease.”

 

But the wingnuts say it won't be so bad. Wow.

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Anshu Jain, the co-chief executive of Deutsche Bank, said on the international institute panel that his executive team had been trying to make contingency plans in case of a default, but it had struggled to come up with measures that would significantly stem the losses.

“You don’t want to go into all of it,” he said. “This would be a very rapidly spreading fatal disease.”

 

But the wingnuts say it won't be so bad. Wow.

It needs to be bad. People need to wake up and start holding both parties accountable.

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Anshu Jain, the co-chief executive of Deutsche Bank, said on the international institute panel that his executive team had been trying to make contingency plans in case of a default, but it had struggled to come up with measures that would significantly stem the losses.

“You don’t want to go into all of it,” he said. “This would be a very rapidly spreading fatal disease.”

 

But the wingnuts say it won't be so bad. Wow.

 

Which would be better. Default when we're in our present debt situation, and force a change in approach to deficits - and God forbid - a balanced budget type of scenario, or, default when we're 25 Trillion in the hole and receipts are outpaced by costs to manage the debt and it's fiscally to late to do anything?

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Thanks Fargo, for showing us all how little you read and how little you know nothing.

 

You think this is all a game. Do some research on how deadly the United States of America defaulting on its debt will be.

Funny...it's the same idiots that support the idiots that is driving this country into the ground.

 

Hey pal, I don't need to do any research on how bad default will be.

 

IT'S NOT GOING TO HAPPEN BECAUSE THERE'S ENOUGH REVENUE COMING TO THE TREASURY FOR D1CKHEAD TO PAY THE T-BILLS AND INTEREST ON THE DEBT AND HE MUST PAY THOSE FIRST ACCORDING TO THE 14TH AMENDMENT. THERE WILL BE NO TECHNICAL DEFAULT. PERIOD.

 

You wanna see how bad it will be in the future WHEN, not IF we do, take a look at Argentina or Greece.

 

If you want to gripe and bytch, look to your much loved entitlements for the mess we're in, cuz they take up the bulk of the debt.

 

NOW STFU, AND INFORM YOURSELF YOU IGNORANT AZZWIPE.

 

HTTP://www.usdebtclock.org

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A default will throw the whole world economy in a tailspin.

 

All because of a few radical tea baggers holding the country and world hostage.

 

It's sickening.

That isn't possible.

 

A failure to raise the debt ceiling will mean nothing. Nothing at all.

 

Thanks Fargo, for showing us all how little you read and how little you know nothing.

 

You think this is all a game. Do some research on how deadly the United States of America defaulting on its debt will be.

Funny...it's the same idiots that support the idiots that is driving this country into the ground.

We don't need to continue borrowing, in order to cover our debt. We could cut revenue by 80%, and still afford to pay our debt.

 

What are you talking about?

 

Anshu Jain, the co-chief executive of Deutsche Bank, said on the international institute panel that his executive team had been trying to make contingency plans in case of a default, but it had struggled to come up with measures that would significantly stem the losses.

“You don’t want to go into all of it,” he said. “This would be a very rapidly spreading fatal disease.”

 

But the wingnuts say it won't be so bad. Wow.

It would be horrible.

 

But it is impossible.

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A default will throw the whole world economy in a tailspin.

 

All because of a few radical tea baggers holding the country and world hostage.

 

It's sickening.

This moron thinks our country can default. :rolleyes:

This moron can't tell you how much we spend on servicing our debt, nor can he tell you our monthly revenue.

This poor bastard doesn't understand that revenue covers the cost of servicing our debt, and we CANNOT default.

Liberals are unable to tell the truth.

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A default will throw the whole world economy in a tailspin.

 

All because of a few radical tea baggers holding the country and world hostage.

 

It's sickening.

 

No, what sickening is the lies that we would automatically not be able to pay our debt.

 

That is just an out and out lie meant to scare everyone into falling in line.

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No fucking shit. They continue to take more and more and spend the hell out of. This has got to stop!!!!! Motherfuckers just want to raise this and raise that with no accountability.

I forgot to include servicing the debt! That would be covered too!

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