Timely Talk/Wecast Tomorrow in DC: "Do You Want to Understand the Debt-Ceiling Debate?"

NRO's The Corner ^ | 07/07/11 | Veronique de Rugy

[hillsdale1]

I have been invited to give a talk tomorrow at the Hillsdale College’s Kirby Center for Constitutional Studies and Citizenship, a D.C.-based civic-education program. The title of the talk is “A Citizen’s Guide to Understanding the Debt Ceiling Debate.”

With August 2 now looming, I will explain whether that date matters, what it means, and what’s at stake. How is a citizen to get beyond all of the brinksmanship? Will we default? Can we do anything about it? What might real statesmanship suggest for a course of action? How do constitutional considerations factor into this important debate?

[updatedscreenname]

The point is simple:
If they raise the debt the dollar will loose value. Oil and food will cost more. Raising the debt is a code for printing more money. If they printed more Babe Ruth trading cards almost anyone would expect that those already in collectors hands would loose value.

[CPT Clay]

We should raise the debt ceiling. Let’s default on even MORE Debt!!!!

[Don Corleone]

Hillsdale is one of the few places to go if you want the real scoop.