To: jerry557
Stupid question: since Congress will NOT cut spending, why don’t they just be honest & get rid of the debt ceiling alrogether so they don’t have to vote & re-vote to raise it time & time again?
2 posted on
02/04/2010 1:10:44 AM PST by
ChrisInAR
(You gotta let it out, Captain!)
To: ChrisInAR
Stupid question: since Congress will NOT cut spending, why don’t they just be honest & get rid of the debt ceiling alrogether so they don’t have to vote & re-vote to raise it time & time again? I think the reason has something to do with the Debt ceiling being our creditors only assurance that we will be able to pay the money back. Without a debt ceiling, the bottom would fall out of the treasury market and the yields would go to the moon.
We are in BIG trouble already folks and the day of reckoning is not far away.
6 posted on
02/04/2010 2:42:29 AM PST by
BRK
To: ChrisInAR
...why don’t they just be honest...Bwahahahahahahahahahahahahahaha!!
8 posted on
02/04/2010 3:01:19 AM PST by
Fresh Wind
("...a whip of political correctness strangles their voice"-Vaclav Klaus on GW skeptics)
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