Bob Sacamano
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wtf does that mean?
We're getting ripped over it, apparently.
This is the market telling the government to stop fucking around. If they didn't make a political showcase out of the debt ceiling it wouldn't have been this bad.
Then let's subjugate the world!
BTW George Washington stressed an isolationist sentiment when he said to not involve the US in the affairs of Europe. You calling George Washington a bum??!
This is the market telling the government to stop fucking around. If they didn't make a political showcase out of the debt ceiling it wouldn't have been this bad.
Its the market telling government to can socialism
So instead of saying, "Hey, can we not just try and fix this and balance the budget" They should have just said, "Do it" and just let it keep going? The debt has almost doubled in 2.5 years. It is insane to believe that folks would just keep letting us borrow money every fucking year and letting us spend like drunken sailors.
The rest of the world is burning, from doing the same crap we are jumping over ourselves to continue to do, only faster. And we should just sit idle and let the debt over take the GDP and make us all slaves? Seriously man, think about this.
If the US were a household and we were making 50k a year and spending 75k a year plus were carrying 250k in debt. What creditor in their right mind would lend you money to pop it up another 8% every year with no end in sight and no way of knowing you could if ever pay it off?
You'd be in foreclosure already.
Obviously something that is way way way over your head if you think that our national debt has nothing to do with Socialism
Who mentioned national debt and socialism? Your blindness has you reading way too much into what I've said. The drop in the credit rating is due to congress playing games instead of running the country. The markets don't care if it is socialism or not, they only care that the bills get paid.