[Zeddicus]

Well, now we'll see what our newly elected House is really made of. If they vote to raise the debt ceiling at all, under any circumstances, we've been sold out.

[TN4Liberty]

You’re kidding I hope.

[Aevery_Freeman]

A private citizen faced with a cash flow shortfall would cut expenses, scrounge for misplaced resources and have a garage sale.

What could the fed sell on a garage sale? Let's see, oil leases, mining leases, timber leases, land, buildings, surplus materials and so on and so on...

Why should the only things government sells be their votes, their souls and the American people down the river?

[Rocky]

What is M.A.D.? It isn’t explained in the article.

[Sir Francis Dashwood]

Attach the Obamacare repeal to a debt ceiling bill...

[Defend Liberty]

How about lowering the federal debt ceiling by reducing the size and scope of the federal government back to within the confines of their Constitutional authority by eliminating all federal agencies, federal programs, and federal acts not in compliance with any of the enumerated powers in Article 1 Section 8 of the Constitution. There are no enumerated powers to regulate the environment, communications, food, drugs, education, health, agriculture, alcohol, tobacco, firearms or income.

Federal agencies that must be abolished include but are not limited to the EPA, FCC, FDA, Department of Education, DHHS, Department of Agriculture and BATFE. Federal programs include but are not limited to Medicaid, Medicare and Social Security. Federal Acts include but are not limited to Unconstitutional Obamacare, the so called Food-Safety and Modernization Act and the Frank-Dodd Finance bill.

The debt will never be resolved until Congress returns to the limited government principles our founding fathers instilled in the Constitution.

[6SJ7]

The Debt Ceiling is constantly being raised whenever the Debt bumps into it; making it no Ceiling at all. It is more of a group delusion. Why not just say there is no Ceiling. Or the Ceiling is whatever the Debt is at the moment. This is all such an economic house of cards.

[devere]

If that’s the best story the Treasury can come up with then forget about raising the debt ceiling.

[arthurus]

A debt ceiling hike merely postpones the default and insures that the catastrophe, when it occurs, will be much worse than if the natural course of events were allowed to occur earlier. When you shovel ever more sand to build the dike ever higher you are simultaneously digging the hole deeper. When the tide finally washes over the levee it will inundate everything in one huge cataclysm that will be ever so much more devastating than if the leakage had been properly taken care of earlier.

[SaraJohnson]

These tax payer shake down artists aka, bansters like Geithner, need to go to prison. They should not threaten our country with a crash if we don’t meet their demands. Enough of that nonsense.

I still want to know who was doing the electronic run on our banks during the last election which led to TARP. I want to know who did it and why.