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First the deadline for default was June 1, now it's June 5, how many more times will the goalpost be movedfor armageddon?
1 posted on 05/27/2023 7:32:34 PM PDT by SeekAndFind
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To: SeekAndFind

First she said July 1st then she moved it to June 1st now she says June 5th. Its all fake. She could hold off 6 months. They want the markets to panic a little. It helps move interest rates. This is all a propaganda ploy. Republicans mostly think that its all a scam. Democrats are the ones that believe. So McCarthy should hold tight. His voters won’t blame him for the panic. They will blame him for giving in.


2 posted on 05/27/2023 7:43:12 PM PDT by poinq
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To: SeekAndFind

Reminds me of an old bad joke. Goes something like,

Doctor tells a guy he has six months to live.
Guy tells Doctor, “I can’t pay my bill so soon!”
Doctor sez, “OK. A year — but no longer!!”

[Ba-DUM-tish!]


3 posted on 05/27/2023 7:45:15 PM PDT by William of Barsoom (In Omnia, Paratus)
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To: SeekAndFind

So if the US refuses to stop spending money it does not have, the US government defaults? There is a obvious solution to this, not that Congress or Biden will take it.


4 posted on 05/27/2023 7:58:08 PM PDT by Widget Jr (๐Ÿ‡บ๐Ÿ‡ธ Trump 2024 ๐Ÿ‡บ๐Ÿ‡ธ)
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To: SeekAndFind

“31 U.S. Code ยง 3123 - Payment of obligations and interest on the public debt
(a)The faith of the United States Government is pledged to pay, in legal tender, principal and interest on the obligations of the Government issued under this chapter.
(b)The Secretary of the Treasury shall pay interest due or accrued on the public debt. As the Secretary considers expedient, the Secretary may pay in advance interest on the public debt by a period of not more than one year....”

https://www.law.cornell.edu/uscode/text/31/3123

She could have prepaid the interest for all of 2023, making default impossible in 2023.


5 posted on 05/27/2023 8:01:09 PM PDT by Brian Griffin
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To: SeekAndFind

Immediately shut down funding for ALL government agencies and programs not explicitly authorized in the Constitution and everyone wins... and no debt ceiling issues.


6 posted on 05/27/2023 8:17:20 PM PDT by TheBattman (Democrats-Progressives-Marxists-Socialists - redundant labels.)
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To: SeekAndFind

June 5.

D-Day.

Now supplanted by Default Day.

Sorry, heroes of Normandy.


7 posted on 05/27/2023 8:51:37 PM PDT by lightman (I am a binary Trintarian. Deal with it!)
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To: SeekAndFind
Oh Janet, oh Janet, oh Janet, I call your name (Ah)

The lock upon my garden gate's a snail, that's what it is
The lock upon my garden gate's a snail, that's what it is (Oh yeah)
First there is a mountain, then there is no mountain, then there is
First there is a mountain, then there is no mountain, then there is
(Oh yeah, that's right)

[Verse 2] The caterpillar sheds his skin to find a butterfly within Caterpillar shed his skin to find a butterfly within (Yeah)

First there is a mountain, then there is no mountain, then there is (Yeah, yeah, right)
First there is a mountain, then there is no mountain
[Bridge]

Oh Janet, oh Janet, oh Janet, I call your name (Ah)

11 posted on 05/27/2023 9:40:25 PM PDT by spokeshave (Proud Boys, Angry Dads and Grumpy Grandads.)
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To: SeekAndFind

https://www.japantimes.co.jp/news/2023/05/28/business/us-debt-ceiling-tentative-deal/


12 posted on 05/27/2023 10:22:37 PM PDT by Brian Griffin
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To: SeekAndFind

Cry me a bucket of tears Mellon (head).


13 posted on 05/28/2023 1:53:08 AM PDT by DoughtyOne (I pledge allegiance to the flag of the USofA & to the Constitutional REPUBLIC for which it stands.)
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To: SeekAndFind

Not to worry, the RINOs are already starting to cave.


15 posted on 05/28/2023 4:17:58 AM PDT by fella ("As it was before Noah so shall it be again," )
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