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To: JSDude1

Shutdown does not appear to shut down anything but the parks.

Certainly does not shut down the bs.

What is wrong with default? As opposed to giving away newly printed cash we are not allowed to print today.

At some point, the balloon pops.


21 posted on 10/15/2013 5:49:33 PM PDT by FlyingEagle
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To: FlyingEagle

There will be NO default on government debt backed by interest bearing instruments. There is more than enough tax revenue to cover those payments. The only way a default could happen on those debt payments is if the Treasury IGNORED/REFUSED to pay them. Now on obligations/promises made by the government not backed by any of those previously mentioned ‘instruments’ there can’t be any ‘default’ in the financial sense, only broken promises. Promises/obligations which mathematically were/are impossible to keep over time anyway. Better to face now the reality and the economic pain that must come rather than MUCH greater pain later.


44 posted on 10/15/2013 6:09:16 PM PDT by yadent
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To: FlyingEagle

And the parasites will still receive their checks. They get a paid vacation while the rest of us slave our asses off for this worthless friggin so called governmnet of ours.


70 posted on 10/15/2013 6:59:16 PM PDT by unixfox (Abolish Slavery, Repeal the 16th Amendment)
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