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Debt Ceiling Debacle 2013: It's the End of the World As We Know It and the GOP Feels Fine
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"Default? I already minted it 35 minutes ago"
Is there a reason to, if the coin were to be minted, that it would only be for $1Trillion. Why not do $2Trillion and give ourselves a bit more breathing room? I know that goes down a crazy slippery slope of minting a $10 trillion, etc coin. But I'm wondering where the $1Trillion figure came from? Is it because of the national Debt is at that limit? and if that's the case, why not go just a little bit higher?
And please, try to explain it to me like I am a child. because I will not understand it in any other way.
Democrats Abroad! || Vote From Abroad
Warren 2020
But, and again I'm being silly in the head about this and I know it and I'm not thinking critically about it at all, but bear with me.
If that's one year, and this is likely to be seen as a possible recurring issue (i know it will probably be fixed if the coin is minted, but right now that's not an option on the table), then why not be preemptive and make it a 2 year extension? Or a 1.5 year extension?
Again, I know that there are probably really really really good economic and political reasons for that not to be the case, but I'm trying to think like a simple voter, because in this case that's what I am.
Democrats Abroad! || Vote From Abroad
Not brushing you off, just don't want to feed you wrong info when I know it's already here.
Cheers. I'll go back and try to find it. I read the thread but sometimes the salient details in big walls of text and economics speech go through me.
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http://forums.penny-arcade.com/discussion/comment/25430725/#Comment_25430725
1) We default.
2) Obama reneges on one of his promises (whether it be negotiating with terrorists or minting the coin).
3) Republicans raise the debt ceiling with no strings attached. Also, free ponies for everyone.
Shoot me now.
one in three positive outcomes isn't good...
It really cheese me off that the GOP has apparently figured out a way to force another round of concessions after already negotiating the concessions made in the actual budget.
Like, "Okay, you gave us the five duffel bags full of unmarked untraceable bills and a plane to Cuba is idling on the runway. In return, we agreed to not shoot the hostages.
"...Oh! But we never said we wouldn't strangle the hostages! For that we want... a shrubbery!"
Yeah, they are pretty embarrassing at the whole politics thing.
Ugh, I really hope its not number 3, I really cant afford to take care of a horse right now.
I hear that milk tastes delicious at twenty a gallon.
What commodity is most likely to retain value after we become mad max, should I buy bullets and cigs
Duh.
guys if the end comes we should get some dune buggies and hit the desert, whoever has the most manly abs gets to wear the hockey mask
That's a good idea, if the shit hits the fan you're prepared, if it doesn't you can use your dune buggy to follow Raiders fans around and sell them your shit!
Yeah, if the world ends, I'm gonna steal an MATV and put a couple car seats in it for my kids. Then I'm gonna teach them how to use the weapons and we'll roam the country as a wandering family of vigilante zombie/gang killers. I'll do the long range sniping and setting up bombs, drawing them into the kill zone while my wife handle the CROW system, cutting down the filthy masses.
Battlenet ID: MildC#11186 - If I'm in the game, send me an invite at anytime and I'll play.
Buy gun stocks. As long as the GOP doesn't win big in every election that it coming, it's guaranteed to see growth.
Because if you take the administration at its word the only way we win this is if the Republicans roll over for no reason whatsoever. Well OK, preventing total economic collapse is a good reason to sane non-sociopaths, but we're talking about Republican congresspeople here.
Best realistic case (if Obama breaks his word) is probably more austerity. Yippie.
Edit: Incidentally, the only thing keeping me from yelling incoherent (but non-threatening) swears into Boehner's voicemail tonight was my inability to find a payphone. You win this time, orange man.
Stringer Bell says you should use a burner.
Invest in bottlecaps.
He also says you shouldn't take notes on post about a motherfuckin' criminal conspiracy!
I agree. The administration has said (1) it will not bargain over the debt ceiling, (2) it will not use the 14th amendment and (3) it will not mint the coin. The only stand I can are them changing is (1).
― John Locke
Just kidding.
About the guillotines that is. We'll use guns. We ain't French.
- John Locke