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Number one reason not to raise the debt limit
vanity | June 9, 2011 | Jim Robinson

Posted on 06/09/2011 5:29:51 PM PDT by Jim Robinson

Dear Mr President,

When you're head over heels in debt and your credit cards are maxed out and your credit rating is falling, you don't borrow more money. If you do, your chances of defaulting or going bankrupt are greater and your credit worthiness decreases.

Don't raise the limit. Don't borrow. Cut the spending, stupid!

You want to spur jobs and growth? Easy. Cut the spending, cut the government, cut the regulations, cut the red tape, cut the bureaucracy, lower the taxes and get the hell out of the way! Our people will produce if allowed.

And what's this crap about bankrupting the coal and gas industries? Are you a natural born idiot or do you have to work at it every damned day?


TOPICS: Your Opinion/Questions
KEYWORDS: bankruptcy; creditrating; debt; debtlimit; default; economy; government; spending

1 posted on 06/09/2011 5:29:54 PM PDT by Jim Robinson
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To: Jim Robinson
Our people will produce if allowed.

Nuff said....

2 posted on 06/09/2011 5:32:24 PM PDT by Las Vegas Ron (Woah, Obama will appease Trump, but not Lakin? Thanks LSM)
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To: Jim Robinson

If only his goal was to fix the problem. Things are going just the way they want. One world order run by the UN.


3 posted on 06/09/2011 5:34:37 PM PDT by wyokostur
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To: Jim Robinson

The government is not a revenue producing entity. Every dollar it removes out of the economy through spending is one less dollar that is part of the economic cycle. This is akin to a farmer eating all his corn (and all his neighbor’s corn as well) instead of planting it.


4 posted on 06/09/2011 5:34:55 PM PDT by mnehring
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To: Jim Robinson

Thanks so much. Want to run for President?


5 posted on 06/09/2011 5:35:53 PM PDT by plangent
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To: Jim Robinson
If we're going to raise the debt limit automatically every year, does the concept of a "debt limit" have any real meaning??

It would at least be more honest for the Dems to present the following:

"RESOLVED. That the debt limit of the United States shall be a quintillion, bazillion, skadillion dollars."

We could fill the Grand Canyon with all the printed money, and Ben Bernanke could swan dive into it and swim around like Scrooge McDuck.

6 posted on 06/09/2011 5:37:48 PM PDT by Notary Sojac (Populism is antithetical to conservatism.)
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To: Jim Robinson

He and his Ivy League financial advisors are doing the exact opposite to what I do to get my budget balanced. Since I didn’t attend Harvard I must be doing it all wrong.


7 posted on 06/09/2011 5:38:15 PM PDT by bronxville (Sarah will be the first American female president.)
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To: Jim Robinson

Well said.

We are on the same path that many failed nations followed in recent history.

Where we are headed is a devaluing of the currency. Once that happens, the dollar will be on the fast-track to total replacement.

Unfortunately, the pink-tie wearing cry baby will play golf with Obammie the Commie, who will smooth-talk him. Boehner will cave. The debt ceiling will be raised. Not only will there be no spending cuts, there will be additional spending. I’m still undecided whether they can pull off a QE3, but tend to think it will happen. This is what Obammie the Commie needs to hold off sheer economic collapse before 2012. This is all to get him reelected.

I said 6 months ago that in June or so you’d start hearing throughout the media how the economy is headed for a crisis. This is because the stimulus is running out and all the central-planners and socialists and communists want another round of monetized debt.

But they are forgetting the law of diminishing returns. If they do a QE3, it may not carry us through 2012. That play has been run and the laws of monetary science will react against it.


8 posted on 06/09/2011 5:38:55 PM PDT by Ghost of Philip Marlowe (Prepare for survival.)
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To: Jim Robinson

You go, Big Daddy.


9 posted on 06/09/2011 5:38:57 PM PDT by Repeal The 17th (Proud to be a (small) monthly donor.)
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To: Jim Robinson
You want to spur jobs and growth?

Negative on that for Obama - the only question is whether it's through sheer incompetence about high school level economics or whether it's deliberate.
10 posted on 06/09/2011 5:39:39 PM PDT by rockvillem
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To: Jim Robinson

Amen, amen, amen. Yet our senators and representatives are like junkies who can’t say no to another spending fix. Beg borrow or steal to keep the spending drug coming. That is why we can’t raise the debt ceiling—it may force them to go cold turkey. There is no way anyone would allow it to turn into a default. That’s all propaganda.


11 posted on 06/09/2011 5:40:08 PM PDT by Opinionated Blowhard ("When the people find they can vote themselves money, that will herald the end of the republic.")
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To: Jim Robinson
Are you a natural born idiot or do you have to work at it every damned day?

Champions are born with it but all will admit they have to work hard at it too.

And when it comes to idiots, Obama is a champion.

Compare this to Biden who probably has more natural born talent at this than Obama. He clearly doesn't work as hard, however.

12 posted on 06/09/2011 5:42:27 PM PDT by Tribune7 (We're flat broke, but he thinks these solar shingles and really fast trains will magically save us.)
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To: Jim Robinson

GRRRRRRRRRRRREAT post, Jim! Thanks.


13 posted on 06/09/2011 5:43:45 PM PDT by PGalt
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#1 Reason to NOT raise the debt ceiling?

Population in 1987 - 242 Million
Budget in 1987 - $1 TRILLION

Population in 2011 - 308 Million
Budget in 2011 - $3.9 TRILLION

Rate of population growth since 1987 - 27%
Rate of growth in government spending since 1987 - 390%

How in the world can we be in a position where government spending is increasing 15 TIMES faster than population growth - and still politicians tell us they cannot cut anything?


14 posted on 06/09/2011 5:44:26 PM PDT by OwatonnaNative
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To: wyokostur
If only his goal was to fix the problem. Things are going just the way they want. One world order run by the UN Soros and Obama.

Fixed.

15 posted on 06/09/2011 5:45:27 PM PDT by Aevery_Freeman (The Sixteenth Amendment - a.k.a. - The Slavery Amendment)
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To: Jim Robinson

Latest Obozo acronym: TSTC ... Too Stupid To Care

You know, it's really sad when the debate centers around the question of whether the
Wee Wee is intentionally destroying the U.S. economy, or he is merely dumber than
a rock and lazier than a slug.

16 posted on 06/09/2011 5:45:31 PM PDT by Zakeet (The difference between the Wee Wee and a battery ... the battery has a positive side)
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To: Jim Robinson
I have a crazy idea that might just work.

What if instead of threatening to NOT raise the debt limit, instead the Republicans threaten to raise the debt limit by, oh say, 100 trillion.

After all that's about how much we owe, or will owe, with all of our prior commitments to Soc Sec, Medicare, pensions, etc.

Raising the debt limit by 100 trillion would have the same destabilizing effect as not raising it all. It would have the added advantage, however, of being honest. After all, do we really expect our congresscritters to get serious about the government debt any time soon?

Just a crazy idea I thought I'd throw out there just to see what y'all think about it.

17 posted on 06/09/2011 5:48:34 PM PDT by who_would_fardels_bear
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To: Ghost of Philip Marlowe

Yes, I suspect Obama’s new golfing buddy Boehner is going to cut a deal. Eventually the rising multi-trillion dollar debt will collapse the economy and austerity measures will be unavoidable. It is just a matter of when.


18 posted on 06/09/2011 5:49:05 PM PDT by Red Steel
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To: Jim Robinson

I have an idea. Lets start by deep sixing Obamacareand cutting taxes. Note new tagline


19 posted on 06/09/2011 5:51:31 PM PDT by Mom MD (The country needs Obamacare like Nancy Pelosi needs a Halloween mask)
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To: Jim Robinson
Number one reason not to raise the debt limit

It's a cop-out and we as Americans aren't bred to be followers, we are leaders who show the rest of the world how to do it!

THAT is the #1 reason.

20 posted on 06/09/2011 5:55:32 PM PDT by EGPWS (Trust in God, question everyone else)
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To: Mom MD

I think that’s a great idea. There’s a big government boondoggle program you can totally eliminate without affecting anyone in a negative manner. It’d be a total positive gain all around.


21 posted on 06/09/2011 5:55:32 PM PDT by Jim Robinson (Rebellion is brewing!! Impeach the corrupt Marxist bastard!!)
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To: Jim Robinson

Absolutely. Then we can follow up by abolishing depts of education, HUD, and the Natl endowment for the arts. We can adopt the flat or fair tax and abolish the IRS. And I’m just getting started. Anyone want to join the party? Let’s come up with a list of useless depts that can be banned, saving trillions.


22 posted on 06/09/2011 5:59:32 PM PDT by Mom MD (The country needs Obamacare like Nancy Pelosi needs a Halloween mask)
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To: Jim Robinson

This would fall on HUGE, deaf ears.

Little Stevie Dunham doesn’t WANT America to come out of the depression......

He wants to DESTROY America. All of this IS intentional.


23 posted on 06/09/2011 6:00:48 PM PDT by Mortrey (Impeach President Soros)
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To: Jim Robinson
Are you a natural born idiot or do you have to work at it every damned day?

I just knew eventually that natural born thingie would be solved one day!

Oh and I saw Herman Cain and a financial type guru guy say essentially the same thing on the TV.

And one of the guys leaving his financial team left because that is the way he sees it also.

Right on Jim.

24 posted on 06/09/2011 6:00:56 PM PDT by Syncro (Sarah Palin, the unofficial Tea Party candidate for president--Virtual Jerusalem)
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To: Mom MD

I’ll start here. If it’s not on this list of enumerated powers (referring to original intent), it’s unconstitutional and must be abolished:

Section. 8.

The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States;

To borrow Money on the credit of the United States;

To regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes;

To establish an uniform Rule of Naturalization, and uniform Laws on the subject of Bankruptcies throughout the United States;

To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;

To provide for the Punishment of counterfeiting the Securities and current Coin of the United States;

To establish Post Offices and post Roads;

To promote the Progress of Science and useful Arts, by securing for limited Times to Authors and Inventors the exclusive Right to their respective Writings and Discoveries;

To constitute Tribunals inferior to the supreme Court;

To define and punish Piracies and Felonies committed on the high Seas, and Offences against the Law of Nations;

To declare War, grant Letters of Marque and Reprisal, and make Rules concerning Captures on Land and Water;

To raise and support Armies, but no Appropriation of Money to that Use shall be for a longer Term than two Years;

To provide and maintain a Navy;

To make Rules for the Government and Regulation of the land and naval Forces;

To provide for calling forth the Militia to execute the Laws of the Union, suppress Insurrections and repel Invasions;

To provide for organizing, arming, and disciplining, the Militia, and for governing such Part of them as may be employed in the Service of the United States, reserving to the States respectively, the Appointment of the Officers, and the Authority of training the Militia according to the discipline prescribed by Congress;

To exercise exclusive Legislation in all Cases whatsoever, over such District (not exceeding ten Miles square) as may, by Cession of particular States, and the Acceptance of Congress, become the Seat of the Government of the United States, and to exercise like Authority over all Places purchased by the Consent of the Legislature of the State in which the Same shall be, for the Erection of Forts, Magazines, Arsenals, dock-Yards, and other needful Buildings;—And

To make all Laws which shall be necessary and proper for carrying into Execution the foregoing Powers, and all other Powers vested by this Constitution in the Government of the United States, or in any Department or Officer thereof.


25 posted on 06/09/2011 6:09:20 PM PDT by Jim Robinson (Rebellion is brewing!! Impeach the corrupt Marxist bastard!!)
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To: Jim Robinson
Cut the spending, stupid!

Perfect for the 2012 campaign!
26 posted on 06/09/2011 6:16:05 PM PDT by RedMDer (Throw the Rats and RINOs out!)
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To: Mortrey

“He wants to DESTROY America. All of this IS intentional.”

Yes. Al Qaeda.....does mean “The Base.” Fundamental jiha....oops...change anyone?

After all. “The Audacity of Hope” in the Indonesian title is actually “Jihad: from Jakarta to the White House”

The 2009 January reading list included Weimar Republic history and tenets. But, things weren’t going fast enough, and wham! That fat lip this past Christmas must have made him think!

It’s the gym. The exercise has given 0bama/Soros insights into how to kill the US faster! I guess we could ask Erskine Bowles. He has the direct line to both.......


27 posted on 06/09/2011 6:18:05 PM PDT by combat_boots (The Lion of Judah cometh. Hallelujah. Gloria Patri, Filio et Spiritui Sancto.)
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To: Jim Robinson
Easy Jim...Easy!...lol...You're stealing Sarahs lines!
28 posted on 06/09/2011 6:26:01 PM PDT by M-cubed
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To: M-cubed

Jim’s been saying those things for at least 15 years, right here.
Maybe Sarah is stealing Jim’s lines.


29 posted on 06/09/2011 6:28:35 PM PDT by Lancey Howard
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To: Jim Robinson

Great place to start and finish. I’m with you all the way. Now if only we had the legislature and judiciary on our side. Sigh


30 posted on 06/09/2011 6:29:21 PM PDT by Mom MD (The country needs Obamacare like Nancy Pelosi needs a Halloween mask)
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To: Jim Robinson
You want to spur jobs and growth? Easy. Cut the spending, cut the government, cut the regulations, cut the red tape, cut the bureaucracy, lower the taxes and get the hell out of the way!

--------------------------

Employment is an impediment to any good Marxist's objectives!!

Leaning towards collapse1

I'll huff and I'll puff till I blow your economy in.

The debt bomb has already gone off! We are just waiting for the shockwave to reach our house! No shelter and no place to go...

Winning rule in 2012: Direct political attack on Obama!

Hopefully Zer0's massive incompetence will move more non-blacks to vote against him in 2012. We'll see.

Countdown until Obama leaves Office: 590 days as of June 9, 2011.

31 posted on 06/09/2011 6:31:35 PM PDT by BobP (The piss-stream media - Never to be watched again in my house)
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To: Jim Robinson

If we can hang on until 2013, maybe those things will happen.


32 posted on 06/09/2011 6:42:57 PM PDT by Clintonfatigued (Muslims are a people of love, peace, and goodwill, and if you say that they aren't, they'll kill you)
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To: Jim Robinson

I’d go with natural born idiot AND he has to work
at it every day too.

Sic’em Jim.

I am Jim Thompson!


33 posted on 06/09/2011 6:45:34 PM PDT by tet68 ( " We would not die in that man's company, that fears his fellowship to die with us...." Henry V.)
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To: Jim Robinson
Our people will produce if allowed.

Jim, please don't take this the wrong way. What makes you think they want us to produce? What makes you think they want us prosperous and taking care of ourselves? Have you seen a single shred of evidence for that?

No, Jim. The last thing Obama and his crowd wants is a strong, well fed, gainfully employed, taking care of itself America. Obama and those he's surrounded himself with have proved that in both word and deed.

They want power over us and there's no way to rule a country that isn't on its knees. So, that's what they're trying to do. What they're doing isn't being done out of stupidity.

It's being done out of malice.

L

34 posted on 06/09/2011 6:49:14 PM PDT by Lurker (The avalanche has begun. The pebbles no longer have a vote.)
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To: Jim Robinson

Jim, you are assuming that all of the economic woes currently affecting America are based in incompetence, and surely Obama and his administration must want to listen to reason.

The reality is that the destruction we are witnessing is part of a greater sinister plan to bring about a fall of the republic.


35 posted on 06/09/2011 6:53:28 PM PDT by broken_arrow1 (I regret that I have but one life to give for my country - Nathan Hale "Patriot")
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To: Jim Robinson

Jim, I rarely disagree with you, but your question to Obama implies that he does, in fact, want to create jobs and promote growth in the US.

Try as I might, I just cannot believe he really wants that.

Fulfillment of the Cloward Piven strategy seems much more likely to be one of his primary aims. Certainly his actions, as well as more than a few of his words, support this conclusion...


36 posted on 06/09/2011 7:00:14 PM PDT by EasySt (2012... Sometimes you have to flush twice.)
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To: Jim Robinson

Now if only that were in the news cycle...


37 posted on 06/09/2011 7:29:03 PM PDT by PieterCasparzen (Conservative Christian Capitalists - Let's Talk (see my Profile))
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To: OwatonnaNative

It’s like the folk song of the old woman who swallowed a fly for unknown reasons, then followed that up by swallowing larger and larger creatures each in an attempt to take care of the previous one, until she died upon swallowing a horse.

There isn’t any “stopping place” for lefties, until external constraints restrain further progress of “progressives.”


38 posted on 06/09/2011 7:43:09 PM PDT by HiTech RedNeck (Hawk)
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To: Lancey Howard

Lets hope she is!....Hope Jim sends her lots of stuff to use as she sees fit...


39 posted on 06/09/2011 9:20:19 PM PDT by M-cubed
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To: Jim Robinson

“Are you a natural born idiot...?”

He’s just a common idiot JimRob, DEFINITELY NOT a natural born one!!

JC


40 posted on 06/10/2011 1:26:54 AM PDT by cracker45
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To: Jim Robinson
"Are you a natural born idiot or do you have to work at it every damned day? "

Both...

41 posted on 06/10/2011 1:31:26 AM PDT by SuperLuminal (Where is another agitator for republicanism like Sam Adams when we need him?)
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To: Jim Robinson

It’s so simple. It makes sense. It always works.

Want complication, restriction, and illogic? Call in a leftist.


42 posted on 06/10/2011 8:29:58 AM PDT by TheOldLady (Freepmail me to get on or off the ZOT Lightning ping list.)
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To: Jim Robinson
And what's this crap about bankrupting the coal and gas industries? Are you a natural born idiot or do you have to work at it every damned day?And what's this crap about bankrupting the coal and gas industries? Are you a natural born idiot or do you have to work at it every damned day?
I'm pretty sure he takes, 'STOO-PID Pills'.

I have the trademark but I forgot to patent the pills :-)

43 posted on 06/11/2011 4:13:56 AM PDT by Condor51 (The difference between stupidity and genius is that genius has its limits [A.Einstein])
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