Will the Teapublicans Force America Into Default?

[bobabode]

or sneaking across the border, from the biggest moocher red state in the union, for the free healthcare.

[icenine]

Originally Posted by Charles

Yes.

And I had to pay for it out of my hip pocket.

BTW, just how stupid to you suspect me to be?

Chas

I think you are sort of wasting your time by being so negative.

I mean you are really concerned about currency devaluation?
Do not be the richest man in the grave yard in other words.

I mean you sound like a big stick in the mud for the most part.


And suppose you woke up tomorrow and there was no deficit. And there was a surplus in the Treasury, and the dollar could still buy what it could in 1973....

I will even give you 2013 wages to go along with it....

would your life be that much better? Probably not. You may have a bit more cash in the bank but so what.


You may be a pretty smart guy.....I do not think you are a college graduate though. I could be wrong. Otherwise you would not be taking the Paul Ryan debt crisis myth to heart so much. There are long term debt issues of course.
But the austerity measures of the sequester and the current sabotage by the Republicans in Congress are really hurting our economy NOW. We need stimulus right now. Worrying about the debt like you do is like a man having a cardiac arrest or stroke worrying about what his sugar level is going to be next month.


and if Obamacare cuts into your 401k or mutual funds well that is just how it goes....but of course the real story is that Wall Street is doing pretty good right now so....buy some gold lol

[d-ray657]

Originally Posted by Charles

switching gears.

Look at just how much goods and services you could buy with one Yankee dollar in 1913 as opposed to 2013. My point is, our currency, which is the means of trading the sweat of our brow, is being devalued.

Chas

First off Chas, thanks for taking the time to answer my smart-assed question.

We agree on more than one thing. I think both of us distrust the powers that be. I have a little less trust in the ones that buy the politicians than I do in the ones who can be voted out of office. And I actually think that there are people who work for regulatory agencies who want to make things safer, cleaner, healthier etc.

I think we're reading different history books, though. While the dollar might have gone further in 1913 for those that had some money, I think that the middle class is much smaller than than it is now. Unfortunately I think we both see that the middle class is shrinking again. I'm not quite sure how to change that, but I don't think that the folks who sponsored the tea party are all that interested in the middle class.

Regards,

D-Ray

[HatchetJack]

I think in the end both sides just want what's best for the country. The problem
is we can't afford what's best under the current state of the economy. Adjustments
need to be made to put us in a better position to succeed against
global competition. Borrowing more and more money to fund the old way just
digs us a deeper hole we are never coming out of. We still have a chance for
the country not to fall although it's a small chance. Continuing to fund the
Government we have now is ruining any chance our children have to experience
the life WE have known. It's just selfish and irresponsible on our part to keep
kicking the can down the road. My hats off the to right for standing their ground
on this issue. Tough love

[finnbow]

Originally Posted by HatchetJack

I think in the end both sides just want what's best for the country....

That's a copout, a false equivalency. FWIW, Hitler wanted what was best for der Vaterland (in his fevered mind, anyway).

[Charles]

Originally Posted by d-ray657

First off Chas, thanks for taking the time to answer my smart-assed question.

We agree on more than one thing. I think both of us distrust the powers that be. I have a little less trust in the ones that buy the politicians than I do in the ones who can be voted out of office. And I actually think that there are people who work for regulatory agencies who want to make things safer, cleaner, healthier etc.

I think we're reading different history books, though. While the dollar might have gone further in 1913 for those that had some money, I think that the middle class is much smaller than than it is now. Unfortunately I think we both see that the middle class is shrinking again. I'm not quite sure how to change that, but I don't think that the folks who sponsored the tea party are all that interested in the middle class.

Regards,

D-Ray

WWII probably had more to do with expanding the middle class than anything. Probably best not to point this out to our political masters.

Chas

[Charles]

Originally Posted by icenine

I think you are sort of wasting your time by being so negative.

I mean you are really concerned about currency devaluation?
Do not be the richest man in the grave yard in other words.

I mean you sound like a big stick in the mud for the most part.


And suppose you woke up tomorrow and there was no deficit. And there was a surplus in the Treasury, and the dollar could still buy what it could in 1973....

I will even give you 2013 wages to go along with it....

would your life be that much better? Probably not. You may have a bit more cash in the bank but so what.


You may be a pretty smart guy.....I do not think you are a college graduate though. I could be wrong. Otherwise you would not be taking the Paul Ryan debt crisis myth to heart so much. There are long term debt issues of course.
But the austerity measures of the sequester and the current sabotage by the Republicans in Congress are really hurting our economy NOW. We need stimulus right now. Worrying about the debt like you do is like a man having a cardiac arrest or stroke worrying about what his sugar level is going to be next month.


and if Obamacare cuts into your 401k or mutual funds well that is just how it goes....but of course the real story is that Wall Street is doing pretty good right now so....buy some gold lol

So I'm negative if I offer a differing opinion?

And I am a big stick in the mud. Personally, I see that as a positive attribute.

Time to go to work.

Chas

[BlueStreak]

Originally Posted by HatchetJack

I think in the end both sides just want what's best for the country. The problem
is we can't afford what's best under the current state of the economy. Adjustments
need to be made to put us in a better position to succeed against
global competition. Borrowing more and more money to fund the old way just
digs us a deeper hole we are never coming out of. We still have a chance for
the country not to fall although it's a small chance. Continuing to fund the
Government we have now is ruining any chance our children have to experience
the life WE have known. It's just selfish and irresponsible on our part to keep
kicking the can down the road. My hats off the to right for standing their ground
on this issue. Tough love

Agreed, right up to here;

"Continuing to fund the Government we have now is ruining any chance our children have to experience the life WE have known."

I don't believe that at all. In fact, I think it's just another scare tactic to add to the long and growing list.

Besides, Jack, the life I have known, and the America I love, has already been pretty much ruined by corporate executives looking to fatten up their bottom line through outsourcing.

Dave

[donquixote99]

Originally Posted by piece-itpete

It's entertaining to watch the establishment politicos running around like their head's cut off.

Pete

The TP 'gentlemen' behind this feel like you do. But I regard it as 'irresponsible' to indulge in such entertainment at such risk and cost to the nation.

'Irresponsible' in quotes above because words fail me to say just how irresponsible and stupid it is.

[donquixote99]

Originally Posted by icenine

Worrying about the debt like you do is like a man having a cardiac arrest or stroke worrying about what his sugar level is going to be next month.

Good one.