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CUTTING THE CRAP ON THE DEBT CEILING

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sasha031 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-16-11 10:41 AM
Original message
CUTTING THE CRAP ON THE DEBT CEILING
Edited on Sat Apr-16-11 10:51 AM by sasha031
It's amazing how often I'm forced to listen to teabaggers. That is because we are being ill-served by a news media that is populated by idiots who seem to be under the impression that the definition of “objective journalism” is to present all sides of any argument, no matter how stupid and uninformed any one of those arguments is. I’ll get to that in other columns, I’m sure. This column, however, I'd like to clear a few things up about the debt ceiling. Call it a public service to teabaggers.

The debt ceiling is the somewhat artificial barrier Congress put in place many years ago in order to pretend they were being responsible with our money. It is absolutely illegal for the United States to borrow more than the debt ceiling allows. So every so often (more often when Republicans are running things, for some reason), Congress votes to raise the debt ceiling to a number a bit higher than the projected deficit, and Congress may then borrow money at will up to the new limit.

The debt ceiling is once again coming up for a vote, and the Tea Party is chomping at the bit to make a stand on it. They won’t be successful in the long run, but it will be fun to watch the less-lunatic Republicans in Congress hem and haw and stammer and pose just to make the teabaggers happy. That’s what happens when you allow your base to be populated by the most ignorant people on the planet; you are made to look stupid.
http://pleasecutthecrap.typepad.com/main/2011/04/cutting-the-crap-on-the-debt-ceiling.html
tea party :And face it, folks; these people are dumb as rocks, and that may be unfair to rocks, since they have the good sense to simply lie there.
:rofl:
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whosinpower Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-16-11 10:55 AM
Response to Original message
1. Take a look at the Ryan plan
And its estimated debt ceiling per year - what is acceptable according to that budget.
By 2021 the debt ceiling will be DOUBLE what it is now!
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Kashka-Kat Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-16-11 12:10 PM
Response to Original message
2. Gore was right in 2000, and he's still right - balance the budget
Sorry I dont think in polarities -don't let the tea party define the issue, i.e. just react with "whatever they say we're against it." You know what they say about broken clocks being right twice a day? Massive unsustainable debt to Asia does need to be addressed. Of course our answer is somewhat different from the TP (the corps/wealthy need to share in the pain)
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crickets Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-16-11 01:01 PM
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3. K&R
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