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Old 07-28-2011, 02:44 PM
 
6,484 posts, read 6,617,921 times
Reputation: 1275

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Quote:
Originally Posted by JoeP View Post
I want them to represent their district which means drop theatrics and represent people instead of the corporate interests that created this charade.

Seems like you are expecting Congressmen to represent corporate interests instead of people. That's a bit odd, unless you are a Republican.
lol..ok

You ever seen Harry Reid or Nancy Pelosi or Chuck Schumer or any of the other democrat nitwits? You don't think they're all about theatrics and serving the special interests?
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Old 07-28-2011, 02:53 PM
 
15,706 posts, read 11,776,567 times
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Quote:
Originally Posted by VTHokieFan View Post
OK. I think raising the debt ceiling is irresponsible.
I think not raising the debt ceiling and forcing a global economic crash is even more irresponsible.
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Old 07-28-2011, 02:57 PM
 
Location: Portland, OR
8,802 posts, read 8,899,643 times
Reputation: 4512
Quote:
Originally Posted by Fiyero View Post
I think not raising the debt ceiling and forcing a global economic crash is even more irresponsible.
Please provide sufficient documentation, to support your assertion, that not raising the debt ceiling will cause a global economic crash. Thx.
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Old 07-28-2011, 02:58 PM
 
Location: Washington, DC
4,320 posts, read 5,139,161 times
Reputation: 8277
My colleague, a Conservative, says it's very simple, the Tea Party members of congress are just serving the people who elected them by refusing to raise the debt limit and taxes. That's what they ran on, so why deliver anything different?

It's completely negligent on all other issues, and actually running an organization, but who cares.

Is the Tea Party responsible to me? No, just irresponsible... and they'll need a self-imposed scorched economy to get away with it.

BTW, remember how old the Tea Party is, this is probably their last chance to be relevant. And it's based only on the destruction of the president and economy, an incredibly ignoble goal. They should be ashamed of themselves (and I beleive most are).
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Old 07-28-2011, 02:59 PM
 
6,484 posts, read 6,617,921 times
Reputation: 1275
Quote:
Originally Posted by Back to NE View Post
My colleague, a Conservative, says it's very simple, the Tea Party members of congress are just serving the people who elected them by refusing to raise the debt limit and taxes. That's what they ran on, so why deliver anything different?

It's completely negligent on all other issues, and actually running an organization, but who cares.

Is the Tea Party responsible to me? No, just irresponsible... and they'll need a self-imposed scorched economy to get away with it.

BTW, remember how old the Tea Party is, this is probably their last chance to be relevant. And it's based only on the destruction of the president and economy, an incredibly ignoble goal. They should be ashamed of themselves (and I beleive most are).
Is that any worse than going bankrupt?
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Old 07-28-2011, 03:06 PM
 
15,706 posts, read 11,776,567 times
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Quote:
Originally Posted by VTHokieFan View Post
Please provide sufficient documentation, to support your assertion, that not raising the debt ceiling will cause a global economic crash. Thx.
A U.S. default on its debt obligations would have "real nasty consequences" for the United States and the global economy, the new director of the International Monetary Fund said in an interview broadcast Sunday.

IMF director: U.S. default would be


A default or significant credit downgrade in the United States would be a "very very serious event," IMF chief Christine Lagarde said on Tuesday, warning it could have far-reaching consequences for the world.

"Default would be terrible for the United States and for the economy at large," Lagarde told the Council on Foreign Relations.

U.S. default would have far-reaching impact - IMF chief | Reuters

A default on U.S. debt would have negative consequences for the world, Canada's Finance Minister Jim Flaherty said on Wednesday, noting that he was worried about "any sort of shock to the system."

US default would have negative consequences-Flaherty | Reuters



Do you seriously believe the largest economy on the planet crashing will not cause global ramifications?
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Old 07-28-2011, 03:16 PM
 
Location: Washington, DC
4,320 posts, read 5,139,161 times
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Quote:
Originally Posted by Calvinist View Post
Is that any worse than going bankrupt?
There are a thousand things worse than going bankrupt, just ask Donald Trump.
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Old 07-28-2011, 03:26 PM
 
10,854 posts, read 9,303,308 times
Reputation: 3122
Quote:
Originally Posted by VTHokieFan View Post
Seems you are expecting Congressmen who do not represent your district to act a certain way. Seems a bit odd that you're surprised.
American politicians have ALWAYS been able to come together and DO WHAT'S BEST FOR THE COUNTRY!

The Tea Party seems to have little regard for this type of thinking!
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Old 07-28-2011, 03:31 PM
 
10,854 posts, read 9,303,308 times
Reputation: 3122
Quote:
Originally Posted by Back to NE View Post
There are a thousand things worse than going bankrupt, just ask Donald Trump.
It's the defaulting on the full faith and credit of the United States and comparing it ot a business default that shows a fundamental lack of understanding of the imprlications of the United States being in default.


For all you deficit hawks it will mean at least an additional $100 BILLION DOLLARS A YEAR TO SERVICE THE EXISTING DEBT.

It will mean higher interest rates on commercial loans, mortgages, car loans, credit card debt, and possibly student loans.

The addtional money to service that debt comes out of the economy and it means consumption and demand will be lower. Therefore economic growth will be lower. That's a direct impact on JOB CREATION!
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Old 07-28-2011, 03:35 PM
 
Location: Sango, TN
24,868 posts, read 24,392,645 times
Reputation: 8672
Elected officials are responsible for their voters. But they are also responsible to the nation as a whole. Hence, the oath of office swearing to uphold the constitution.

John Boehner only has to answer to around 200,000 people in his district to get re-elected.

But remember, TEA party voters in poll after poll support social security and medicare exactly the way they are today. So changing that, cancelling the programs, or offering a opt out is against their voters wishes.

Ask Paul Ryan what Americans and TEA party voters think of changing medicare.
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