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I don't understand why I'm the brunt of criticism. It's not like I'm the one causing default. As a 24 year old, I've already lost my future, what more would you like for me to lose?
for goodness sake!
You claim Dems are terrified of the future without being able to rely on the government, when it seems you are the one with a horrible doomed view of life because of the state of the government, and with your fatalistic mentality, you wish for it to default. I find that extremely ironic. Make up your mind.
If you're so self-sufficient and lefties are so dependent why are you, in all your right leaning, the one crying about your future is lost? Make your own future, oh great self-sufficient one. I think however, you and those like you are the ones scared about your future because you likely are pretty inexperienced with the world and don't know what to do without order. Just admit it. embrace your ineptitude instead of claiming bravado over situations and outcomes you have no clue about.
You claim Dems are terrified of the future without being able to rely on the government, when it seems you are the one with a horrible doomed view of life because of the state of the government, and with your fatalistic mentality, you wish for it to default. I find that extremely ironic. Make up your mind.
The reason is I live under a system where the failed government imposes itself on me at every aspect of my life. I'm paying 25% of my income into a failed government. I'm paying 7.65% of my income into a fund that doesn't exist. Let me alone and I won't complain.
The only reason we are going to default is if the in the whitehouse decides not to pay our debt before whatever social/political/special interest group that is serving him.
Last edited by CaseyB; 07-26-2011 at 05:42 AM..
Reason: language
In medicine, sometimes the medicine can be as bad, or worse than the actual disease ie dare I say, early forms of cancer and chemotherapy. This day was coming whether or not we did it to ourselves, or the markets did it to us, as they're doing in the EU.
Short term, this is going to suck, long term, this will be great for our country, as the basic notion of living within ones means will lead us to unimaginable prosperity and a prosperity built on the stilts of entrepreneurership, sweat, hard-work, capital investment, and honesty....not debt and quantitative easing
i'm curious where you get the idea that defaulting will lead to, "living within our means."
i'm curious where you get the idea that defaulting will lead to, "living within our means."
first, it's not a default.
second, it should be at least a wake-up call for those in congress. they live large in washington DC, and i think that they really are totally clueless how the rest of americans live.
As my 100 year old grandma, who was about 20 at the time of Great Depression puts it (in Texan, having lived her entire life here)... "my gidness, these people are crazy".
it's the government not paying it's obligations: call it what you want.
Quote:
second, it should be at least a wake-up call for those in congress. they live large in washington DC, and i think that they really are totally clueless how the rest of americans live.
How will it cause Congress to suddenly start "living within our means?"
Living within our means would necessitate severe cuts to Medicare, for example. How is defaulting (or whatever you prefer to call it) going to lead to this?
And if we allow it to happen, how does congress "getting religion" going to mitigate the damage it would do to our economy and our currency?
How does that mitigate the damage it would do to our economy and our currency?
Sorry, our currency and economy are already damaged. A depression would weed out malinvestment, or in this case all treasury securities since they aren't worth crap anymore.
The reason is I live under a system where the failed government imposes itself on me at every aspect of my life. I'm paying 25% of my income into a failed government. I'm paying 7.65% of my income into a fund that doesn't exist. Let me alone and I won't complain.
Quote of the day:
"Should any political party attempt to abolish social security, unemployment insurance, and eliminate labor laws and farm programs, you would not hear of that party again in our political history. There is a tiny splinter group, of course, that believes you can do these things. Among them are H. L. Hunt (you possibly know his background), a few other Texas oil millionaires, and an occasional politician or business man from other areas. Their number is negligible and they are stupid."
Former President Dwight David Eisenhower
Letter to Edgar Newton Eisenhower
November 8, 1954
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