Posted on 07/25/2011 5:36:03 PM PDT by blog.Eyeblast.tv
At a townhall meeting on July 23, 2011, Rep Pete Stark said that he believes the debt limit is a 'political charade'.
Stark says, "You've heard a lot about the Debt Limit. And I guess that's - I don't know how many of you are worried about it or concerned about it. The fact is I think it's a political charade."
"I'm afraid that the Democrats have done that in the past, threatened to shut down the government. I don't think there's a chance that it will happen. I think the last time somebody did, they lost enough seats in the House of Representatives to convince them it was a dumbest thing they ever did. [It] doesn't get us anywhere, it doesn't help anybody, and to extend the Debt Limit is nothing more - than people have described it - than that the government's credit card doesn't run out of resources.
(Excerpt) Read more at mrctv.org ...
When we have our credit downgraded what will he say then?
There are limits to how much debt a country, a company, or a person can have before they loose everything.
Mr Stark, this isn’t fantasy land and the American People have NOT given you a perpetual ATM Machine at our expense.
These are inescapable facts of life, grow up and accept this reality.
It most certainly does matter, you imbecile.
I keep hoping that they'll (the Republicans) prove me wrong.
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