"....I say, 'Let 'em crash'!"
Posted on 07/26/2011 10:30:19 AM PDT by NormsRevenge
WASHINGTON (AP) -- Conservative Republicans on Tuesday balked at House leaders' pleas to stop whining and back their plan to slash spending and increase the nation's borrowing ability, throwing into doubt the GOP's proposal to rescue the nation from an unprecedented government default.
...
Flanked by conservative colleagues, Rep. Jim Jordan, R-Ohio, told reporters he could not back the Boehner proposal and said it doesn't have the votes to pass. In a two-step plan, Boehner is pressing for a vote on Wednesday and a second vote Thursday on a balanced-budget amendment to the Constitution.
"We think there are real problems with this plan," said Jordan, who heads the Republican Study Group. ..
"If I had to vote right now, my vote would be no," said Rep. Steve Southerland, R-Fla.
(Excerpt) Read more at finance.yahoo.com ...
Ecclesiastes 3
(KJV)
1To every thing there is a season, and a time to every purpose under the heaven:
2A time to be born, and a time to die; a time to plant, and a time to pluck up that which is planted;
3A time to kill, and a time to heal; a time to break down, and a time to build up;
4A time to weep, and a time to laugh; a time to mourn, and a time to dance;
5A time to cast away stones, and a time to gather stones together; a time to embrace, and a time to refrain from embracing;
6A time to get, and a time to lose; a time to keep, and a time to cast away;
Amen!
One of the messages I have been trying to give our Tea Party Group. We need to do the right things Cut, Cut, Cut, but no matter what things are way out of hand and major problems are on their way. We should tackle them now because they only grow exponentially with time as we try to fend it off with more fake money and lies to ourselves.
Nice post. I agree with what you said, but I think you are too optimistic.
You left out a key part of what happens if the debt ceiling is NOT raised:
TREASURY is responsible for prioritizing what does and does not get paid if the debt ceiling is not raised. That is part of the executive branch.
In other words, OBAMA gets to decide what does and does not get paid. That will give him far more control over the federal government than any President has ever had, and far more control than we have ever imagined in our worst nightmares.
Thus far Obama's "negotiations" have been a joke. Either he knows nothing whatsoever about how to negotiate (which is possible), or he believes not raising the debt ceiling will be a win for him.
Perhaps the incredible power he will suddenly gain is why.
Even Dagney Taggart eventually came around (Atlas Shrugged spoiler).
But I will add a couple of things complicating this whole thing and why I believe there is no “human” solution:
First, Greece is trying to do the right thing, though not nearly enough, and yet look at the rioting, etc. It is fear of “the people” that is keeping the government from doing the right thing. We have a HUGE entitlement class in this country. If we really cut back on services they would feel empowered like never before to take “what’s theirs” through Watts style riots all over the country.
Second, if the government drastically cuts spending, what will be eliminated is the jobs that spending is going to. IOW, the government is “too big to shrink”. It is the country’s biggest employer and if it does severe layoffs it would explode the unemployment figures to unheard-of proportions.
Everything must happen gradually for it to be relatively painless. That is why it is best for a car to GRADUALLY come to a complete stop from 70 mph over hundreds of feet. When it does it in 30 feet, someone is gonna get a bloody nose. We only have 30 feet. A “gradual” braking is not gonna help us here.
This is gonna leave a mark.
>>...and this proposal comes from OUR side?<<
It officially stopped being “my” side when McCain became the Republican candidate. The two parties now are the equivalent of a parent giving a child two choices for bedtime: 7:00 and 7:05.
I wanna stay up until ten, and the constitution grants me that right.
I am so done with BOTH parties.
As I mentioned in a previous post, a “gradual” solution will not work now. It’s too late for that. We are like a person who is 60 and just now deciding to start saving for retirement. A hundred bucks a month ain’t gonna cut it. Something drastic (and pretty much impossible) is gonna be required - or else.
>>So let the ignorant ones live the crash, why should we? We didn’t cause this...<<
Something a Jew in Poland (or Germany) might have said in 1941.
Life is not fair. We seem to be the first generation ever to exist that does not fully understand the ramifications of that simple reality.
You seem to think a cut of 0.17% isn’t all that big...
< / sarcasm >
The truth is that NOBODY in DC is serious about cutting anything!
Just shut the overly large intrusive all encompassing federal gub down.
For a day,
a week,
a year.
And see if anyone notices.
See if anyone really gives a damn.
Cept of course those who derive their livelyhood off the dole.
"....I say, 'Let 'em crash'!"
DC is like a family facing foreclosure and debating whether to pare back the Netflix membership from three movies at a time to one vs two.
Absolutely. The depth and breadth of the pain will keep increasing, the longer this is allowed to persist.
Yes, we did.
We have failed to hold our government accountable with the power of our vote.
We, the people of america, have voted like morons for a damn long time.
We, a free people, willingly elected a communist to rule us (no, I didn’t vote for him, and I know you didn’t either, but we have failed nonetheless as we are all in the same boat.)
We as americans must learn the error of our ways.
Beautiful wisdom.
Thank you for this post ^^
That sounds like an argument in favor of reparations...
“Yes, we did. White people enslaved blacks so we should give them 40 acres and a mule.”
You’re saying we should all suffer for things that were well underway when I was born in 1977.
What you are describing is the transition from the Fabian model of slo-go with socialism/communism to the balls-to-the-wall sixties radicals who are now in charge.
Most of us grew up in small to medium sized towns and cities and were dependent on local newspapers and radio until the fifties, and the biased TV networks after that, for our news. Bottom line, we were generally ignorant of what was really going on. Now with the internet and talk radio we are better informed.
I grew up in Mississippi, moved to Louisiana, and now for the last 45 years in Texas. That means everyone I knew growing up was a Democrat though strongly conservative. We weren’t aware that Woodrow Wilson was moving us toward socialism and a one world government with The League of Nations. We weren’t aware that FDR was moving us further along that road with the graduated income tax, SS, The New Deal, and that he fought WWII to save Stalin’s butt from Hitler and Tojo. Hell, we thought FDR was a hero. That is what the news told us. Then Truman dropped the bomb to end WWII and we overlooked the creation of the UN.
Then along came LBJ to save us from that pinko JFK. He, JFK, really was, as was his whole family, despite his reducing taxes. His dad was FDR’s Ambassador to England during the thirties and supported Hitler. Of course he was working for FDR whose administration was full of Communists. During that time Joe Kennedy also managed to score himself the franchise for importing Scotch Whiskey into this country, hence source for a large portion of the family wealth.
LBJ was the worst of the bunch up until that time. He was personally responsible for 7 deaths, including JFK and RFK, and was a ruthless narcissist. However, once again us Southern conservatives thought he was a conservative up until that time simply because he was from Texas. JFK was the one who turned the Solid South from Democrat to Republican. Even his friend John Connally switched parties.
Then we had Goofus Carter, another commie, Slick Willie, a closet Communist along with his wife, and now Obama. Now we are full-blown, out in the open Communist but still lying about it.
The Communists took over the Democrat Party , the press and the labor unions early in the 1900s and have controlled them ever since. Every Democrat President since Woodrow Wilson has pushed the Marxist agenda further down the road.
That is what you have witnessed.
Were we not armed, they would have already herded us conservatives into gulags and each camps. Gun registration was the first step in remedying that problem for them. Stay ever alert!
I’m saying we should all suffer because we are all gonna suffer.
Do you think some arbitrator is gonna come down from the sky and so oh you voted for McCain so you are immune to a debt down rating?
Nonsense.
We are all americans, and this is the government that we all made.
I’d say if you don’t want to take part in what is inevitably coming, then pull your money out of whatever its in and move out of the country while the gettin’s good.
And incidentally, our children, and their children, and their children are gonna suffer for what was well underway long before their time.
So, yeah, that’s how these things work.
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