Boehner: Republicans must be "adults" about raising debt ceiling.

The Americas, and the world, are in a spiral of crisis. This is the point at which the interventionism of past policies have given way to their destructive effects. The people have a simple choice: onward to full socialism, or back to the free market. More government, or more freedom from it. The fence we think we are sitting on is falling over.
 
Last edited:
I swear I get tired of hearing that "adults" statement.

People act like we're being idiot children because we understand that if you're drowining in five feet of water, you don't get air by swimming deeper.
 
Is this the "adult" conversation?

What if ... Lawrence O'Donnell is right in this video?

"Our debt ceiling is now $14.3 trillion, it will need to be raised in the coming year; he just used the phrase, "Enslaved by Debt." This is exactly what he stands against.
If he, and he is as a single United States Senator, empowered, empowered to prevent us from raising the debt ceiling because it must be raised on a date certain ... at a particular time on the clock, or the United States government goes into default."

YouTube - Rand Paul Victory Speech "I Have A Message From The People Of Kentucky!"

What if ... not raising the debt ceiling does indeed cause a deflationary spiral leading to an instant crash?
Thorsten Polleit clearly states that deflation will crash the fiat monetary system, and he also points out that inflation eventually crashes the fiat system as well.

Start at 38:00 for the short version.​
YouTube - Ending the Monetary Fiasco and Returning to Sound Money | Thorsten Polleit

What if ... QE 2.0 leads to QE 3.0, QE 4.0, QE 5.0 and on and on eventually leading to hyperinflation?

If Rand successfully filibusters raising the debt ceiling, AND causes default, would that be better for the people than waiting for the Fed to inflate the dollar to worthlessness?

Consider these two hypothetical scenarios:

  • If we wait for the Fed to inflate the dollar away, it could take a while to crash, and that would give the "powers that be" more time to use their new found money to buy commodities to protect their political position. - The Golden Rule - "He who owns the gold, makes the rules."

  • If Rand is successful in crashing the economic system this spring, then everyone will have to accept whatever position they hold at the time.
 
But on Thursday, Minority Leader John Boehner (R., Ohio) said he’s been talking to the newly elected GOP lawmakers about the need to raise the federal debt ceiling when it comes up early next year.

Probably right after his meeting with Goldman Sachs, JP Morgan, etc...the people who both profit on government debt, and serve as "expert advisers". :rolleyes:
 
There's nothing that can't be closed in all of the area between Fredrick, Md. and Fredricksburg, Va. without rending the very fabric of American civilization? I disagree. I think the Department of Education could be closed forever at five o'clock today and we'd be better off.

The whole idea that only children live within their budgets and when the going gets tough adults just get better credit cards is indeed pretty damned galling. Throw in that the laws they pass to regulate themselves they ignore with impugnity, and it isn't hard to see why we're so sick of them.
 
Sick, disgusting and not at all surprising...it's to be expected.

Pretty silly if you ask me, the whole thing has a "rearranging the deck chairs on the Titanic" aspect to it.
 
The 1994 replay begins now.

e101109_Keefepg-vertical.jpg
 
If Rand successfully filibusters raising the debt ceiling, AND causes default, would that be better for the people than waiting for the Fed to inflate the dollar to worthlessness?

Consider these two hypothetical scenarios:

  • If we wait for the Fed to inflate the dollar away, it could take a while to crash, and that would give the "powers that be" more time to use their new found money to buy commodities to protect their political position. - The Golden Rule - "He who owns the gold, makes the rules."

  • If Rand is successful in crashing the economic system this spring, then everyone will have to accept whatever position they hold at the time.
It would be better to stop the craziness sooner than later. I hope Rand stands firm.
 
Nope the American people rejected the hardline fiscal conservatives in the last election. The only way I would accept voting for the debt increase is if they push through SUBSTANTIAL cuts in the budget. If they can't get the budget cuts through then they should hold the spenders feet to the fire by not voting for the debt ceiling increase.
However there will be no way that congress can cut 1.4 trillion out of the budget in the first year. Even RP never suggested we do that.
 
yep, the budgetary cuts should be attached to, amended to, whatever, the vote to increase the debt ceiling, enough cuts over enough time to never have to raise the debt ceiling again. Otherwise, the debt ceiling by itself should not be raised. Quid pro quo or no go.

Without that, this is gonna be just another bailout vote, and another litmus test for me. I'm waiting for my reps to vote on this, and their vote will determine my vote for them next time around.

BTW, do any of us have the slightest doubt about how Ron Paul will vote on this? I don't. Case closed.
 
Back
Top