Debt Ceiling vs 14th A

I have seen no reference stating how it should or should not be payed. According to Perry (and the 14th A) it just needs to be payed... period. The debt cannot be repudiated. It's just a matter of whether it's payed before or after Republicans crash the Stock Market and get us into a very costly recession.

This needs to be viewed by SCOTUS. But not THIS SCOTUS, which is an arm of the Republican Party. Corruption included.

I don't think it's necessary at this point, though. Since the most affected will be the donor class. Republicans can't get re-elected without their billionaires.

 

What's SCOTUS got to do with it? All spending measures are controlled by the house of representative. Read your constitution.

We will default. You are just scared because the democrats might hold the presidency when it happens, which is kind of stupid, because like i said the house holds the purse strings not the president.

I

 

Please follow the discussion and try to understand it before you jump in. The poster and I are talking about Perry

Wrong! When Republicans are majority it's the donor class that holds the strings. And we will not default because the donor class won't allow their sheep to affect their profits.

 

You are right Golem. We could have saved you a whole lot of trouble if we traded three branches of government for a black robed oligarchy.

I am glad you got trouble.

 

Im not sure what you think you are going to produce and sell for USD if debt is paid and there are less than zero USD in circulation. What are you going to pay your employees with, and how you are going to keep the lights on?

Besides, Wilson set up the 16th Amendment- the method of your enslavement.

 

I can understand why Fetterman might be duped by something this silling, he's not firing on all cylinders, but this kind of ignorance, except that it 'is rampant in the Democrat Party today.'

This wild crazy spending is 'irresponsible and a threat to the credit-worthiness of the United States, as well as the stability of the financial markets. The ability of a Republican Congress to apply even minimal brakes on leftist spending impulses is the only thing that prevents the left from turning the U.S. into Argentina. We’re already on the path toward that unhappy outcome. Here is what has happened to our federal interest costs on the debt in just the last decade:

 

Yes. But only Republicans indulge in wild crazy spending. Democrats propose spending that benefits the country and its citizens and reduces the debt.

 

Spending money for COVID relief that the states don't need is not wild and crazy? Spending $1 billion for electric school buses, many of which do not work, is not wild and crazy spending. Etc ad nauseam. I'll tell you what is not wild and crazy spending. A couple of hundred million for a secure border wall.

 

It might be. If such thing had happened.

That's the problem with people who live in an alternate reality. They scream about things that don't happen, but deny things that do.

 

Biden pushed hard in the recent budget and debt ceiling negations to not give up the COVID relief allocations. What reality do you live in???

 

Pushed "hard"? No. They hoped they could reroute that money to education. Which would have caused it to NOT be "wasteful spending" but actually a very solid investment in the country's future that would have returned the investment many times over. But not too "hard". Not hard enough for my taste. That's how negotiations work: you grasp at anything you can as a negotiation tool.