beowulf

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Posts posted by beowulf

  3. rushmc

    ***They should have stopped raising the debt limit a long time ago.



    Yep

    and everytime I hear the its is the law of the land bull shit
    I say so was the Bush tax cuts

    How about the Fugitive Slave Act of 1850. That was the law of the land. There have been plenty of laws that have been repealed. Just because ACA is a law doesn't mean it's right or immune.

  5. Quote


    The House is not obligated to fund every law if they don't want to. That is also the law.
    True - then they should have a vote to have the law repealed. Again.
    Rather than tying it into a hostage situation with the rest of the economy until they get their way.



    This isn't the first time the House has defunded a law. Just because a bill was passed doesn't mean it's automatically funded.

  6. Yeah, what he said was right. Unfortunately I don't think he was sincere. He is a liar just like the majority of politicians. His lies are so obvious it makes the media look like they are complicit in his lies for not calling him out. Every time he says raising the debt limit doesn't increase the debt I just laugh at him. He is so full of shit.

    It's not working entirely as the founders wanted. I doubt that any of them would be all that happy to see or even imagine the size of the debt.

  7. Quote

    True - then they should have a vote to have the law repealed. Again.
    Rather than tying it into a hostage situation with the rest of the economy until they get their way.



    The House can't repeal it. They have proposed budgets. They have tried to negotiate an agreement. Obama and the Democrats are refusing to negotiate. They are the ones holding everything up.

    In my opinion they shouldn't raise the debt limit. They should cut spending and pay the interest on the debt.

  8. Quote

    Republicans tend to complain that Obama hasn't done much in his term, yet its because there is a Republican led congress that he can't get a lot of things through.



    I am not a Republican. I think Obama has done too much.

    Just because that is how it works doesn't make ACA a good bill or one that the majority of Americans want.


    Quote

    They would be the first to scream and shout and jump up and down in anger and righteous indignation if the situations were reversed, and the democrats "fought the good fight" and refused to pass a CR unless, lets say, military spending underwent a huge cut.



    I am all for spending cuts for military or any Government spending.

    The House is not obligated to fund every law if they don't want to. That is also the law.

  9. Quote

    A majority of representatives passed a law.



    It wasn't a majority of the current representatives. Or those that represent the majority of the country, even at the time it was voted on.

    It was gamesmanship that got it in. Not because the majority of Americans wanted it.
    Also just because it's a law doesn't mean the House has to fund it.

  10. Stumpy

    ***

    Personally I don't want ACA and the vast majority of the country doesn't either. This was forced on the country the by the Democrats. It will increase the cost of health care insurance. It already has.



    Actually no - given that it was a primary tenet of the 2012 presidential race, and the majority of the country voted to keep the authors in power, you are incorrect.

    Just because Obama was reelected doesn't mean the majority wanted ACA.

    Look into how ACA was voted into law. It was done via gamesmanship and during a very short period when the Democrats had the majority in both the House and the Senate. If it were voted on today it would not pass. There are plenty of polls showing that a majority of those polled do not want it.

  11. billvon

    >I am not part of GOP.

    Sorry, didn't intend to imply you were. I find it very odd that the GOP is willing to grant the president that much power, and am disappointed that yet another function will be handed over to the executive branch. The president was not intended to have that much power.



    The only way spending will ever be cut is if it's done by force. Neither Republicans or Democrats want to cut spending. They each want continue borrowing and spending, just on different things. The only reason they are at this impasse is because Obama doesn't want to negotiate. The Republicans want to cut ACA in some way or another and Obama refuses to negotiate on it.

    Personally I don't want ACA and the vast majority of the country doesn't either. This was forced on the country the by the Democrats. It will increase the cost of health care insurance. It already has.

  13. billvon

    >Yeah, the math isn't hard to do. Default is inevitable.

    That's what I'm saying - it's not. You could zero out the military and Medicare budgets and avoid default forever. Is that a good idea? Probably not. But it's not inevitable.

    (Also GOP take note - if this does come to pass, the treasury department will decide who to pay. Is it a good idea to give Obama final and total control over what programs stay and what programs get cut? Decide now.)



    Only if interest rates stayed low. Which is extremely unlikely. SS, Medicare and Medicaid alone will bankrupt the US. They need to be restructured. In my opinion they need to be cut entirely. The military also needs to be cut back.

    Obama has already shown he can't be trusted to make cuts. But regardless of who decides they will need to be done sooner or later.

  14. regulator

    Oh please...not another 'for the children' ploy.

    Get a new line.



    I didn't bring it up, but it is true. Someone will have to pay it and this generation doesn't want to. They just want to continue borrowing money till they can't anymore.

  15. Yeah, the math isn't hard to do. Default is inevitable. SS, Medicare and Medicaid are unsustainable. The US gov can get by for now. But continuing on this path leads only to default in one way or another. Either by out right non payment or "printing" money like crazy. Either way it's default, printing money just devalues it to the point where it's pretty much worthless and no wants it anymore.

  19. Quote

    Debt servicing, otoh, is not optional. And if we threaten these external bond holders with a default, real or probable, then they become less interested in funding our debt at 2% levels and suddenly servicing our debt gets very expensive. If the GOP force the default now, our borrowing costs go up dramatically and all our problems get harder.



    Sooner or later this will happen. The more debt we have the worse it will be, although considering the current level more won't make much of any difference. Once foreign bond holders finally realize the US will never pay back the debt it's all down hill from there. China is already beginning to back away from US debt.

  20. You are right regarding long term. But in the short term the US doesn't have to raise the debt ceiling in order to not default on the debt. The US Gov brings in enough revenue to pay the current interest on the debt. All they have to do is cut spending elsewhere.

  22. It's good to ask questions. It just seems like he isn't doing any research and finding what evidence there is to support the claims that scientists make.

    His idea that the universe rotates around earth is pretty silly.

  25. quade

    Yeah, I get all my information from nutbag prepper sites too. :S




    I don't necessarily believe everything they write, but I do find it more credible then the story the Obama admin is pushing. Try attacking the information rather then the source. Just because you don't like the source doesn't mean they are wrong.