[DomusAlbion]

You guys are getting off on a tangent that is not related to this topic.

Get back to the subject of the topic, start a new one for this discussion or get out.

Thank you all,
The Management.

[newman1979]

According to zFacts.com, $12.323 trillion of the $14.4 trillion National debt has been created under Republican Administrations. Reagan ran deficits and grew the Federal Government. Both Bush's ran deficits and grew the Federal Government. Unless Republicans accept reality i.e. that tax cuts for the wealthy, large government spending , fighting wars, giving large businesses huge loopholes, earmarks, artificial low interest rates by Republican cronies at the FED, have paid a big, even a major, or even the biggest impact on the National debt
Medicare and SS demographics have been well known for decades and phony inflation measurement gimmick's by the Government have already depreciated SS payments. Low interest rates. to protect the free spending Governments from paying fair interest rates have financially injured the Medicare and SS trusts who took everyone's money but Congress took the trust's money and said don't worry, we Republicans and Democrats will take care of you. LOL

[Serial_Worrier]

Why not double the national debt since spending is GREAT!

[AgentR11]

I think that's what we are about to do.
Hold on tight.

[Livewire713]

$this->bbcode_second_pass_quote('AgentR11', 'I') think that's what we are about to do.
Hold on tight.

[Sixstrings]

$this->bbcode_second_pass_quote('', 'H')asn't been any headline news on the debt ceiling lately.. saw this on tickerforum though:

House conservatives will not support Senate Republican Leader Mitch McConnell's backup plan to raise the debt ceiling, a leading House conservative told "Fox News Sunday," calling it a "cop-out."

(snip)

"They're not going to support the McConnell plan. I'm not going to support the McConnell plan," he said, pushing instead a House plan to cut and cap federal spending while requiring a balanced-budget amendment in exchange for a debt-ceiling increase.
http://www.foxnews.com/politics/2011/07/17/top-republican-house-conservatives-will-not-support-mcconnell-debt-cop-out/

[Outcast_Searcher]

$this->bbcode_second_pass_quote('newman1979', 'A')ccording to zFacts.com, $12.323 trillion of the $14.4 trillion National debt has been created under Republican Administrations.

[Oakley]

The Tea Party Republicans in the House of Representatives can get their way by just doing nothing. The want a balanced budget. They really hold the trump cards. They can just keep sending legislation to Obama that spends only what the government has in its bank account to spend, and if he vetoes it, then everything grinds to a halt.

They want a balanced budget, which means the federal government spends only what they take in. If the federal government can't borrow, and the House will not increase taxes, then mission accomplished. The only detail is to decide who to lay off and hopefully what war, foreign aid, squander project, and other insanity to end.

It is a mystery to me why the House leaders are even going through the charade of negotiating with Obama, who does not have the authority to spend what is not there to spend. The President can only make spending suggestions, but only Congress is empowered by the Constitution to make appropriations.

It looks to me like the Republican House is moving in this direction with "cut, cap and balance" legislation that, if/when rejected by the Democrats in the Senate will keep the cauldron bubbling.

This all reminds me of the unwillingness to compromise that led to the American Revolution (1775) and the Civil War (1861). I personally have never seen political division so extreme. Even if we get passed this, the lines seem to be drawn, and as the pain and suffering from the current system of plunder and control increases, piled upon the and suffering from long term energy scarcity driven economic contraction, an eruption of violence seems inevitable. It doesn't seem that it would take much of a spark to set it off.

[Quinny]

Why do the Republicans on this board continually ignore the fact that the structural deficit in the US have grown much faster under Republican administrations that Democratic ones. It's clearly there in the budgets and can't be denied. The lies of the right will be revealed more and more over the next few years as economies continue to contract. I only hope that people will wake up and think for themselves instead of accepting the crap from MSM.

[AgentR11]

$this->bbcode_second_pass_quote('Quinny', 'W')hy do the Republicans on this board continually ignore the fact that the structural deficit in the US have grown much faster under Republican administrations that Democratic ones.

[Fishman]

Well said AR.
Not a question of who, only a question of when, now seems like a good time.

Dem'rats always vote for social programs, they just never pay their bills. They buy off votes with your money unlike the repubs

[Oakley]

$this->bbcode_second_pass_quote('Quinny', 'W')hy do the Republicans on this board continually ignore the fact that the structural deficit in the US have grown much faster under Republican administrations that Democratic ones. It's clearly there in the budgets and can't be denied. The lies of the right will be revealed more and more over the next few years as economies continue to contract. I only hope that people will wake up and think for themselves instead of accepting the crap from MSM.