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Bold Predictions about the Debt Ceiling

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Re: Bold Predictions about the Debt Ceiling

Unread postby AgentR11 » Sat 30 Jul 2011, 14:28:58

That's much more realistic. I have a hard time figuring out how the dividing would proceed, the 48 states are like the ultimate in integrated trading blocks, do we keep a common currency, use gold, if so, how to value that gold; we can't use another country's currency, cause none are big enough to tolerate having such a huge tag along... Really odd questions.

I could see some really weird outyear disparities in power too, not to mention the giant elephant of the nuclear arsenals, and plants capable of enrichment..

In the end, I think we stay together, no insurrection, just a long, grinding, never ending, Depression, but with liquidity.

But, we'll long be able to bomb the piddle out of outsiders that mess with our self inflicted catastrophe...
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Re: Bold Predictions about the Debt Ceiling

Unread postby Pops » Sat 30 Jul 2011, 15:15:46

$this->bbcode_second_pass_quote('AgentR11', 'D')id the food stamp cards stop working?

That's effectively the point of the debate on the debt ceiling, to make them stop working.
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Re: Bold Predictions about the Debt Ceiling

Unread postby AgentR11 » Sat 30 Jul 2011, 15:36:16

$this->bbcode_second_pass_quote('Pops', '')$this->bbcode_second_pass_quote('AgentR11', 'D')id the food stamp cards stop working?

That's effectively the point of the debate on the debt ceiling, to make them stop working.


Food stamp cards are funded from state coffers, they don't stop with the end of federal aid. It does put additional strain on state budgets, but is likely temporary and fungible. To stop food stamps, the states each have to change their own law and withdraw from the program; which has its own consequences.

Basically, its designed as a program that can't be easily unwound.

Now, if and when they do stop working, we have an entirely different situation, but I feel confident that such an event will not be permitted. I'd suspect, the order of payment without new debt would look like 1) debt service, 2) SS/Food Stamps 3) military operational essentials 4) medical related 5) unemployment related ; basically, Obama will want to put the scare on his supporters, while looking like he's also successfully defending them from starvation; so they have to notice something gone (medical/rent support, etc); but still be able to buy bread so they can spend their time cowtowing to the Emperor instead of burning office buildings to the ground.

Honestly, I still expect the limit will be raised long before anything interesting happens.
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Re: Bold Predictions about the Debt Ceiling

Unread postby Cog » Sat 30 Jul 2011, 15:39:11

$this->bbcode_second_pass_quote('Pops', '')$this->bbcode_second_pass_quote('AgentR11', 'D')id the food stamp cards stop working?

That's effectively the point of the debate on the debt ceiling, to make them stop working.


Please don't keep spouting left wing talking points. Its rather beneath you. Food stamps will be the last thing cut off. Perhaps you love the class warfare you always spout but it really doesn't add to the conversation.
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Re: Bold Predictions about the Debt Ceiling

Unread postby EnergyUnlimited » Sat 30 Jul 2011, 16:04:05

$this->bbcode_second_pass_quote('Cog', ' ')Food stamps will be the last thing cut off. Perhaps you love the class warfare you always spout but it really doesn't add to the conversation.

I agree that food stamps will be the last bit of welfare to go.... but how long they are going to be redeemable for anything edible in your opinion?

Maybe these "fatties" what we often laughing at are going to find themselves in great advantage?

My final question is, can US government instead of abruptly stopping payments to pensioners, civil servants and military slash all of them say by 30% and carry on paying, meantime not defaulting?
That would address the issue after all...
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Re: Bold Predictions about the Debt Ceiling

Unread postby Pops » Sat 30 Jul 2011, 16:05:39

$this->bbcode_second_pass_quote('', 'A')pril 11, 2011
House Budget Committee Chairman Paul Ryan’s budget plan would cut the SNAP program (formerly known as food stamps) by $127 billion — almost 20 percent — over the next ten years (2012-2021), which could throw millions of low-income families off the rolls, cut benefits by thousands of dollars a year, or some combination of the two.[1]

Pacification sounds like a perfectly logical plan by TPTB to mollify the proles - except things aren't that logical or planned.

This is one thing we can look forward to...
The legitimate object of government, is to do for a community of people, whatever they need to have done, but can not do, at all, or can not, so well do, for themselves -- in their separate, and individual capacities.
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Re: Bold Predictions about the Debt Ceiling

Unread postby AgentR11 » Sat 30 Jul 2011, 16:09:03

Did Ryan's plan become law... or not.
No?
SHOCK!
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Re: Bold Predictions about the Debt Ceiling

Unread postby Pops » Sat 30 Jul 2011, 16:21:18

$this->bbcode_second_pass_quote('AgentR11', 'D')id Ryan's plan become law... or not.
No?
SHOCK!

Yep, you're right, better to cut off old farts who can't make it to the street.

$this->bbcode_second_pass_quote('', 'T')he Republican-led House of Representatives signed off on the item, which proposes to cut $38 million from the Commodity Supplemental Food Program (CSFP). The program pays for parcels known as "senior boxes," which contain enough food for 12 meals a month.

http://articles.philly.com/2011-07-28/n ... d-pantries
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Re: Bold Predictions about the Debt Ceiling

Unread postby AgentR11 » Sat 30 Jul 2011, 16:36:30

CSFP is not a pacification program. Its built wrong. It doesn't cause goods to be purchased through the normal supply chain where the end consumer trades dollars for product.
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Re: Bold Predictions about the Debt Ceiling

Unread postby PrestonSturges » Sat 30 Jul 2011, 16:41:14

There are certainly some veterans that have a distinctly Lee Harvey Oswald outlook on life, and the seem a little miffed that their sniper training doesn't get them any respect in the real world. Being able to make a headshot at 800 yards doesn't make their opinions about anything more valuable, but they sure want that feeling of importance they got when their gun could effect the outcome of a war. These guys see to spend a lot of time fantasizing about killing their neighbors.

I also used to hunt with a Marine sniper - a good guy all around, but he did not consider himself an oracle on any subject. Definitely the guy I'd want to be around for the end of the world. But he wasn't demanding political control over other people.

This fantasizing about killing their liberal neighbors seemed to peak with the astroturf town hall protests of 2009. They really get all fired up to the point of going on a killing spree over those rallies.

Did you see the Tea Party protest in support of the House Republicans the other day? About 20 people showed up on the Capital lawn.
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Re: Bold Predictions about the Debt Ceiling

Unread postby AgentR11 » Sat 30 Jul 2011, 17:10:07

$this->bbcode_second_pass_quote('PrestonSturges', 'D')id you see the Tea Party protest in support of the House Republicans the other day? About 20 people showed up on the Capital lawn.


Well, from a Tea Party point of view, the Republicans seem to be acting in a rather disappointing way. Compromising way too much. Hard for them to get excited in this climate. There's also the general loss of energy these kinds of things have, they get really riled up, make a tiny change happen, then get mired in the realities of compromise and the requirements of the economy.

There's no getting around the effects of resource constriction, two massive bubble pops, and a loss of competitiveness relative to the rest of the world. They will not be denied regardless of what English scribbles a bunch of folks in DC do.

Which is why I think the House will cave. They don't have the spine to strip the executive branch of any relevant power. So we proceed towards further empowering the Imperial Presidency, just as Sen Byrd described so well, and with such passion that we should oppose it.
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Re: Bold Predictions about the Debt Ceiling

Unread postby Bill Hicks » Sat 30 Jul 2011, 17:19:21

$this->bbcode_second_pass_quote('AgentR11', '
')Which is why I think the House will cave. They don't have the spine to strip the executive branch of any relevant power. So we proceed towards further empowering the Imperial Presidency,


Well, OF COURSE the Rethugs don't want that...they didn't spend the prior eight years before Obama bolstering the Imperial Presidency just to strip it down now. Plus, they think one of their own Thugs will be wielding all that power beginning on January 20, 2013. Why else would whiny-baby BONER cave so easily on Obama's thumbing his nose at the War Powers Act? :badgrin:
Check out The Downward Spiral (A Requiem for the American Dream):

http://billhicksisdead.blogspot.com/
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Re: Bold Predictions about the Debt Ceiling

Unread postby AgentR11 » Sat 30 Jul 2011, 17:23:06

This is a lot bigger than Democrat vs Republican; its legislative vs executive power; and we are crossing the line now, and the end to legislative power is coming into view. Sen Byrd saw it coming years ago, even in his own party, even when his own votes furthered that power.

Can you not see it?
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Re: Bold Predictions about the Debt Ceiling

Unread postby Plantagenet » Sat 30 Jul 2011, 17:56:47

Thank goodness the democrats voted down the evil mean-spirited Republican bill to raise the debt ceiling.

Now the Congress can unite behind Reid and obama and vote through the wonderful, generous Democrat bill to raise the debt ceiling.

One problem still remains, however.......where is the wonderful and generous Democrat bill? Has the CBO run the numbers for it yet? AND when will it be send to the floor of the Senate to be voted on so it can go to the house and be voted on so Obama can sign it before the August 2 deadline he has set? 8)

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Re: Bold Predictions about the Debt Ceiling

Unread postby Outcast_Searcher » Sat 30 Jul 2011, 17:59:23

$this->bbcode_second_pass_quote('Oakley', '
')How is it that you conclude that I am a person like Obama who wants to punish the rich. I am rich myself, and do everything I can to avoid the plunder of government. I am politically a libertarian and believe in free markets, and the absolute minimum government which would be about 5% of what government we have today.

Oops! My bad. I stand corrected and I apologize. Very often, when I see people talk about "taking to the streets", the implication is that the "gimme" class is going to "take what is theirs". In fact, I see it so often, I tend to have a knee-jerk/irritated reaction to it -- I gotta watch that (I had been up all night, irritated at catching up on the state of idiocy in Washington).

Acually, from a basic political stance, we sound much alike. I regularly attack both the Dems and the GOP when they do irrational stuff or take our freedoms (in different ways, generally). Ironically, I'm often attacked for my views on a single issue - OR called crazy because I am left leaning on quite a few social issues, but hard right on property rights (and the right to the vast majority of what I earn).

Congratulations on being successful and best of luck to you. Thank you for taking the time to straighten me out, by the way.
Given the track record of the perma-doomer blogs, I wouldn't bet a fast crash doomer's money on their predictions.
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Re: Bold Predictions about the Debt Ceiling

Unread postby Outcast_Searcher » Sat 30 Jul 2011, 18:05:31

$this->bbcode_second_pass_quote('AgentR11', '
')If you bring them into the discussion of domestic uprising and violence. The US military wins the violence issue, regardless of the circumstance.

So, Bob the Mooch, if insurrection was in his mind, would be choosing between laying low and behaving, or suicide. There is no "fighting" for him in this context.

Absolutely right. I remember being in Washington one time, in a giant traffic jam while the President (Bush 1 I think) went to a physical. During this, the marines were deployed in a wide perimeter. Armed. Unsmiling. Looking mean actually, in order to dissuade anyone even THINKING of trying ANYTHING, IMO. I remember thinking how effective the guard-dog guy was who stared me down as I just (with mild curiosity) looked at him from the car.

Bob the (lazy assed) mooch going against such folks en masse doesn't even bear thinking on.
Given the track record of the perma-doomer blogs, I wouldn't bet a fast crash doomer's money on their predictions.
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Re: Bold Predictions about the Debt Ceiling

Unread postby Outcast_Searcher » Sat 30 Jul 2011, 18:18:26

$this->bbcode_second_pass_quote('EOTWAWKI', '')$this->bbcode_second_pass_quote('AgentR11', '.')..gang bangers and liberal morons...

How about **ck You you **cking fascist. Liberals have nothing to do with Gang Bangers and being a liberal is the result of intelligent observation and reflection combined with compassion for other people and love of the planet whereas Conservatism is the default position for the thoughtless and the greedy and the selfish.

Once more **ck You!

And the moderators can **ck off too if they don't like it. :P

Congratulations for providing convincing evidence against your (and the left's) general proposition that only THEY are thoughtful, reasoned, etc.

You are free to strongly disagree with, or hate, say, Newt Gingrich's or Ayn Rand's political positions, just as I am free to hate much of the lying political scumbag behavior Obama has adopted, despite his PROMISES to be DIFFERENT, for HOPE AND CHANGE, have an OPEN government, etc. (which, yes, I am ANGRY at myself because I decided to vote for this clown).

But to blindly equate ALL conservative principles, such as property rights, with being "thoughtless" is frankly, completely unreasonable if not outright stupid.

All three strongly political people I mentioned above are clearly thoughtful and intelligent, for example -- they just stand for VERY different things.

(** substituted in original quote of EOTWAWKI's by me out of respect for the rules and spirit of this site).
Given the track record of the perma-doomer blogs, I wouldn't bet a fast crash doomer's money on their predictions.
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Re: Bold Predictions about the Debt Ceiling

Unread postby Cog » Sat 30 Jul 2011, 18:36:07

$this->bbcode_second_pass_quote('Pops', '')$this->bbcode_second_pass_quote('', 'A')pril 11, 2011
House Budget Committee Chairman Paul Ryan’s budget plan would cut the SNAP program (formerly known as food stamps) by $127 billion — almost 20 percent — over the next ten years (2012-2021), which could throw millions of low-income families off the rolls, cut benefits by thousands of dollars a year, or some combination of the two.[1]

Pacification sounds like a perfectly logical plan by TPTB to mollify the proles - except things aren't that logical or planned.

This is one thing we can look forward to...


The folks I see standing in line at the gas station counter, whipping out their food stamp card, buying lottery tickets and beer, can definitely eat 20% less and still be fat.

20% a year for 10 years? LOL. That is no cut, that is 2% a year. From all the fat people I see using food stamps, they can afford to lose the weight.
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Re: Bold Predictions about the Debt Ceiling

Unread postby vision-master » Sat 30 Jul 2011, 18:40:19

$this->bbcode_second_pass_quote('', 'T')he folks I see standing in line at the gas station counter, whipping out their food stamp card, buying lottery tickets and beer, can definitely eat 20% less and still be fat.


lol cog, you can't purchase lottery tickets and beer with food stamps, you can't even buy ass-wipe with the Electronic Benefits Transfer (EBT) card.

My Sister lives on $1,100 Month, she is eligible for $15 Month in food stamps due to her income.
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Re: Bold Predictions about the Debt Ceiling

Unread postby Cog » Sat 30 Jul 2011, 18:44:25

$this->bbcode_second_pass_quote('vision-master', '')$this->bbcode_second_pass_quote('', 'T')he folks I see standing in line at the gas station counter, whipping out their food stamp card, buying lottery tickets and beer, can definitely eat 20% less and still be fat.

lol cog, you can't purchase lottery tickets and beer with food stamps, you can't even buy a**-wipe with the Electronic Benefits Transfer (EBT) card.

You need to read more carefully, I didn't say they bought beer and lottery tickets with their food stamp card. Its something they do at the same time with their food purchases, on my dime by the way.

You do know that people lend their food stamp card to others for cash don't you? If you don't you are a fool.
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