Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Obama: Raise debt ceiling or risk global recession
Yahoo ^ | 4/15/11 | Ben Feller - AP

Posted on 04/15/2011 11:07:33 AM PDT by NormsRevenge

click here to read article


Navigation: use the links below to view more comments.
first previous 1-20 ... 41-6061-8081-100101-120 next last
To: dalight

So what can we do? The GOP is in the tank with Obama.


61 posted on 04/15/2011 12:05:12 PM PDT by screaminsunshine (Shut up and eat your Beans!)
[ Post Reply | Private Reply | To 60 | View Replies]

To: screaminsunshine
So what can we do? The GOP is in the tank with Obama.

First and foremost, folks have to understand that the crap is about to hit the fan. If the general public gets this.. then Congress can be swayed. Ultimately, the failure of the latest round in the Budget process was because the Overton Window.. is not where people are trying to avoid an immediate crisis. They are all still thinking we can play at this for years to come.. even as the storm approaches.

As far as Congress goes, all of them. Other than the passionate communists, we know where they live. They are our neighbors and our friends and relatives. At some point, they all hear the screams. Witness the quick passing of the extension of the current tax rates.. in the tank or not.. once a national will crystallizes all but the stupidest ideologue sees that they will be fired for not listening.

If folks say no more borrowing, they will deal, but this has to be serious and not coming from a few people whining on the periphery.

62 posted on 04/15/2011 12:13:26 PM PDT by dalight
[ Post Reply | Private Reply | To 61 | View Replies]

To: NormsRevenge
I doubt his brother in Kenya would notice much difference.

How would anyone in the United States be able to tell the difference?

63 posted on 04/15/2011 12:15:53 PM PDT by stevem
[ Post Reply | Private Reply | To 1 | View Replies]

To: dalight; Gilbo_3
RE :”Go outside, look around, do we love this country? If we do, we have only about 2 months to do something.

Tomorrow it's supposed to rain:)

Or similarly, the house should raise the debt ceiling by about $200B at a time attaching major cuts to each house bill, leaving it to Democrats to reject the bills and cause the collapse if they want. If the House passes no bill at all (not even for looks) then Republicans will get the blame for any collapse and Pelosi would likely be the next Speaker.

It was only a few months ago Republicans were saying if we didnt remove Pelosi as Speaker in 2011 we would all die (or something similarly terrible sounding ) so I see no point in deciding to bring her back so soon (especially after just a few months) since we decided to bump her out. Just my view.

64 posted on 04/15/2011 12:31:49 PM PDT by sickoflibs ("It's not the taxes, the redistribution is the federal spending=tax delayed")
[ Post Reply | Private Reply | To 60 | View Replies]

To: dalight

****First and foremost, folks have to understand that the crap is about to hit the fan. If the general public gets this.. then Congress can be swayed****

It will not matter how many people speak up and say no to raising the debt ceiling, it will happen and as you have shown it will result in America being lost. There will be no 2012 Tea Party victory, and no going back. Get ready for hard times.

P.S. in the body of your OP you misspelled Cloward-Piven. Just letting you know for future reference, I really liked the post.


65 posted on 04/15/2011 12:32:53 PM PDT by ResponseAbility (Prepare for battle and never forsake the Lord...unknown)
[ Post Reply | Private Reply | To 62 | View Replies]

To: NormsRevenge

He needs to go take Econ 101 and open a lemonade stand in front of the White House


66 posted on 04/15/2011 12:34:53 PM PDT by PATRIOT1876 (The only crimes that are 100% preventable are crimes committed by illegal aliens)
[ Post Reply | Private Reply | To 1 | View Replies]

To: NormsRevenge
"Nice place ya got there. It'd be a real pitty if somthin' was to happen to it, you know? A real shame. Course, we might be able to keep somthin' from happenin' if you was to give us more of your money in taxes and fees. Yu know, sorta like we could make sure nothin' bad would happen..."
67 posted on 04/15/2011 12:35:27 PM PDT by pabianice
[ Post Reply | Private Reply | To 1 | View Replies]

To: NormsRevenge

Yah, like 0dumbo the commie pig-in-chief, is really concerned about the effects of worldwide recession. He didn’t have any qualms about spending our country into bankruptcy. What a absolute Piece of Shiite!!! I can’t wait till he & phatass mabelle are roasting in torment & flames in the Lake of Fire!


68 posted on 04/15/2011 12:35:33 PM PDT by rcrngroup
[ Post Reply | Private Reply | To 1 | View Replies]

To: NormsRevenge
Raise the debt limit or we'll shoot this dog! Photobucket
69 posted on 04/15/2011 12:38:36 PM PDT by henkster (Every member of Congress must put the fate of the nation over their next re-election campaign)
[ Post Reply | Private Reply | To 1 | View Replies]

To: lowbridge

RE :”Obama: Raise debt ceiling or risk global recession
What do I care if the rest of the world goes into a recession? “

Won’t that lower gas prices again?


70 posted on 04/15/2011 12:44:09 PM PDT by sickoflibs ("It's not the taxes, the redistribution is the federal spending=tax delayed")
[ Post Reply | Private Reply | To 57 | View Replies]

To: ResponseAbility
P.S. in the body of your OP you misspelled Cloward-Piven. Just letting you know for future reference, I really liked the post.

I have some sort of scotoma about Cloward, I always misspell it. I looked it up to avoid misspelling it and misspelled it anyway.. Arrg.

71 posted on 04/15/2011 12:44:33 PM PDT by dalight
[ Post Reply | Private Reply | To 65 | View Replies]

To: NormsRevenge

72 posted on 04/15/2011 12:45:00 PM PDT by Lucky9teen (Jobs? Nope! Economy? Nope! Disarm the U.S? Yep! Impeach the treasonous Marxist Muslim usurper bast)
[ Post Reply | Private Reply | To 1 | View Replies]

To: NormsRevenge

Yeah. Asky any good housewife if you can find one. If you need to get your debt under control you cut spending. You don’t go get another credit card.

Does zero think we’re STUPID?


73 posted on 04/15/2011 12:45:30 PM PDT by tutstar
[ Post Reply | Private Reply | To 1 | View Replies]

To: NormsRevenge

74 posted on 04/15/2011 12:51:20 PM PDT by PSYCHO-FREEP (Patriotic by Proxy! (Cause I'm a nutcase and it's someone Else's' fault!....))
[ Post Reply | Private Reply | To 1 | View Replies]

To: sickoflibs
If the House passes no bill at all (not even for looks) then Republicans will get the blame for any collapse and Pelosi would likely be the next Speaker.

This is the goad that they used to get this last piece of excrement passed. But, this assumes politics as usual.

Republicans, Patriots and all American's who can must explain the real crisis to the rest of America who should know better. You can't keep borrowing past what you can pay.. and if you end up writing checks to deposit to pay checks trying to use several accounts to cover the fact that none of the accounts has any money, they put you in jail. This is what the Fed is doing with QE2. If the Debt Ceiling is raised. There won't be anyone to borrow this money either.. so the Fed will print more, QE3.

Understand, Pelosi doesn't enter into the picture. 2012 seems like 2 years away, and this crap is coming in the next few months..

75 posted on 04/15/2011 12:51:43 PM PDT by dalight
[ Post Reply | Private Reply | To 64 | View Replies]

To: dalight
Most Americans are politically illiterate and clueless about what is going on behind what the Treasury is doing.

I agree with you, we are being systematically bankrupted. Even the Fed Chairman believes that he can just keep printing money, lower interest rates beyond zero, and keep on rolling the debt over by buying our own debt and creating currency out of thin air to pay it back with.

The damage that has been done already goes beyond description and very few people here or in this country fully understand how serious this actually is!

76 posted on 04/15/2011 1:02:13 PM PDT by PSYCHO-FREEP (Patriotic by Proxy! (Cause I'm a nutcase and it's someone Else's' fault!....))
[ Post Reply | Private Reply | To 75 | View Replies]

To: dalight
RE :”This is the goad that they used to get this last piece of excrement passed. But, this assumes politics as usual...Republicans, Patriots and all American's who can must explain the real crisis to the rest of America who should know better....Understand, Pelosi doesn't enter into the picture. 2012 seems like 2 years away, and this crap is coming in the next few months

So you are saying that if Boehner proudly stands up and tells America that there will be no House debt limit bill at all, that as of now the US budget is balanced and no matter what short term negative consequences result the voters will appreciate it and return Republicans, not Pelosi, to power?

Or are you just saying it might work out this way if we can convince enough voters between now and then? But we need to do it even if we cant because it really doesnt matter who is Speaker in 2012? Even Pelosi?

I am not trying to be argumentative, just understand what you are saying.

77 posted on 04/15/2011 1:02:31 PM PDT by sickoflibs ("It's not the taxes, the redistribution is the federal spending=tax delayed")
[ Post Reply | Private Reply | To 75 | View Replies]

To: ConjunctionJunction

I don’t care about global anything. What I want is to stop this madness in spending and stop it cold. I want to face the pain NOW and not pass it to my beloved grandchildren. NOT ONE MORE CENT OF DEBT!!


78 posted on 04/15/2011 1:11:40 PM PDT by wildcarduces
[ Post Reply | Private Reply | To 4 | View Replies]

To: sickoflibs
So you are saying that if Boehner proudly stands up and tells America that there will be no House debt limit bill at all, that as of now the US budget is balanced and no matter what short term negative consequences result the voters will appreciate it and return Republicans, not Pelosi, to power?

Or are you just saying it might work out this way if we can convince enough voters between now and then? But we need to do it even if we cant because it really doesnt matter who is Speaker in 2012? Even Pelosi?

I am saying the next address where a Republican gets to follow the President with a National Speech, the explain what the end of "Reserve Currency" status means and that we have been printing money to pay our debts for the last 6 months and we cannot do this anymore. So, they will provide for payments of existing debts but not allow for issuance of any further debt until spending cuts are made because the very security and future are at stake and we must face this now.. even if the Democrats aren't serious.

79 posted on 04/15/2011 1:12:25 PM PDT by dalight
[ Post Reply | Private Reply | To 77 | View Replies]

To: throwback

The Chicoms themselves say almost daily they are afraid of their own inflation and are trying to throttle back on money growth. They are losing their cheap labor advantage on almost a daily basis and that has them spitting rice balls. Just this past month their balance of trade with us US went barely slightly negative ( one billion out of 400) ——not much but it’s a start. I don’t see yet that a Chicom blowup is imminent but their numbers are clearly, by their own admission, sliding. And the Japanzee nuc/tidal wave disaster is hurting the Chicoms also. It has really bitten their auto production among other things. They’ve earned their own bubble fair and square.


80 posted on 04/15/2011 1:21:01 PM PDT by cherokee1 (skip the names---just kick the buttz)
[ Post Reply | Private Reply | To 18 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-20 ... 41-6061-8081-100101-120 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson