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Post by stormwarden on Jul 22, 2011 23:25:10 GMT -5
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Post by Dragon Zachski on Jul 22, 2011 23:27:32 GMT -5
I thought it was the Daily Mail that one should take with excessive grains of salt. Regardless, Aaaaaaaargh. |
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Post by banjaxed on Jul 22, 2011 23:32:02 GMT -5
I think at this point it is safe to say that the Republicans are trolling as they show no interest at all in good faith negotiations.
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Post by Dragon Zachski on Jul 22, 2011 23:43:40 GMT -5
I think at this point it is safe to say that the Republicans are trolling as they show no interest at all in good faith negotiations. It was safe to say that the moment Obama got in office. |
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Post by largeham on Jul 23, 2011 4:55:51 GMT -5
Really? After this, I would have to think the Republicans are either completely and utterly brain-dead or they are just trolling.
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Post by Oriet on Jul 23, 2011 5:49:16 GMT -5
I just read about this on the BBC. WTF is up with the GOP, seriously? Are they really so desperate to cling to the latest round of tax cuts to their already obscenely low taxes that they're willing to let the government default on its debt (which I thought was against the constitution they claim to uphold) instead? A default, I might add, that will also negatively impact their wealth greater than the marginal increase in taxes will?
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Post by lighthorseman on Jul 23, 2011 6:04:23 GMT -5
Well, being the world's reserve currency must have been fun for you guys.
This isn't the ultimate exercise in cutting off one's own nose to spite one's face, is it? I mean, I'm pretty cynical, but even I have trouble believing this could be an engineered ploy by the Republicans to deliberately tank the economy so as to be able to say "and look, it happened on Obama's watch!" But honestly, I'm kinda having trouble seeing any other rationale. Given the "run the government like a business" mantra, surely these guys understand that when the company doesn't pay its bills on time, bad things happen, right?
Right?
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Post by Passerby on Jul 23, 2011 6:36:07 GMT -5
You know. I'm at the point where I honestly think think the Republican party and it's bat-rape insane base actually want America to collapse so they can blame it all on the Democrats and form a new country with their own theocratic system of law and order and finally saddle the 'defunct and defeated Union' with the entire national debt while they wipe their own financial slates clean.
It's not implausible, just really fucking stupid. But then again these are the people that claim to be the fiscally responsible party without knowing how money actually works.
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Post by Amaranth on Jul 23, 2011 7:42:32 GMT -5
I would rather lose the election than negotiate with a black man!
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Post by DeadpanDoubter on Jul 23, 2011 9:22:20 GMT -5
He IS half-white and was raised by white people/
...wait, what the fuck does THAT even matter? Don't they have Herman Cain?
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Post by Amaranth on Jul 23, 2011 9:27:02 GMT -5
He IS half-white and was raised by white people/ ...wait, what the fuck does THAT even matter? Don't they have Herman Cain? I doubt Cain would get very far with the Republican base. In part because the base seems to include a large number of that 10-ish percent that openly admits they won't vote for a black man. Selling a black man to liberals is a little easier to do. And as it was, Obama's odds were looking kinda grim until the economy went belly up and people stopped buying McCain Ellio's bull. |
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Post by the sandman on Jul 23, 2011 10:08:11 GMT -5
The problem is that we now have a 3 party system in the USA: The Democrats, the Republicans, and the Tea Party. The Republicans have only managed to sustain their existence as a viable Washington force by entering into a European-style coalition with the Tea Party, and the moderate and/or reasonable Republicans are too terrified of alienating these loud, abrasive, ideological, politics-by-tantrum loonies to openly speak against their suicidal and foolish dogma.
The problem is that the Tea Party has gotten it into their head that they are absolutely, utterly right about all matters pertaining to government and finances, and they have been hoodwinked into buying lock-stock-and-barrel into a crazy, steroids-version of Reaganonmics. We all know it doesn't work; it never worked. Wealth does not "trickle down." When wealth is concentrated at the top, it stays at the top. That's why we have an ever-expanding gap between the haves and the have-nots. This shitty economic lie has been marketed to Americans under the guise of religion and "freedom" and "capitalism" and "morality," and sadly many of us have fallen for it, voting against our own demonstrably best interests.
These people are so ideologically indoctrinated that they are ready, willing, and possibly able to steer the economy of the USA (and possibly the rest of the world...) right over a cliff rather than compromise their false dogma. They are textbook examples of people who would rather die (and take everyone else with them) rather than compromise on even the slightest point. They are playing chicken with the US economy and they don't care if they crash, because they would rather destroy it than lose. Hell, they would rather destroy than compromise even a little.
And if they succeed in bringing it down, in my opinion the arrests need to start. Grand Theft Economy? Intent To Do Global Harm? We will have to spend trillions in medical research to extend the human lifespan to the lengths necessary for these assholes to serve a fair and full prison term.
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Post by Radiation on Jul 23, 2011 15:10:00 GMT -5
I am sorry if I sound ignorant but I find economics confusing, what exactly will happen if we default on our debt?
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Post by caseagainstfaith on Jul 23, 2011 15:42:02 GMT -5
I am sorry if I sound ignorant but I find economics confusing, what exactly will happen if we default on our debt? Easiest way to think of it is the same thing that happens when any person defaults on a debt. Your credit rating gets trashed, your interest rates on loans go up so now you have to pay out more money now to cover the higher interest on the principle balance. Over all not good. |
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Post by Vene on Jul 23, 2011 15:43:34 GMT -5
I am sorry if I sound ignorant but I find economics confusing, what exactly will happen if we default on our debt? You don't get paid social security. |
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