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Republicans: Payoff Communist China ... Screw US Troops, Veterans and Families

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waronignorance Donating Member (40 posts) Send PM | Profile | Ignore Sun Jul-10-11 03:37 PM
Original message
Republicans: Payoff Communist China ... Screw US Troops, Veterans and Families
The ‘Debt-Ceiling’ Fiction: Republican PAYMENT Ceiling is Unconstitutional

There is no ceiling on the debt. The debt has already been incurred. Should August 2 come and go without Congressional action, then what Bachmann and other teabaggers like Jim DeMint suggest is that the US can keep paying the interest it owes on its debt, thus avoiding any default on that, while the US picks and chooses which other debts and obligations it will continue or cease to pay at its own discretion.

It would be rich watching Bachmann, DeMint et al trying to explain to defense contractors, military families, or elderly Medicare and Social Security beneficiaries how their failure to get paid the money they’ve already been promised by Uncle Sam is some other animal than the one called default ...
Article:
http://beeryblog.wordpress.com/2011/07/10/the-debt-ceiling-fiction-republican-payment-ceiling-is-unconstitutional/

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Drale Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-10-11 04:28 PM
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1. I feel myself getting more and more violent toward these people every day
I won't kill anyone but if I got the chance I would punch Michelle or Rush square in the nose.
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Long Shadow Donating Member (104 posts) Send PM | Profile | Ignore Sun Jul-10-11 05:02 PM
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2. The US has no choice but to meet its obligations on the bonds it sold.
Surely, you have have heard the chatter about the 14th Amendment.
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KG Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-10-11 05:04 PM
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3.  Communist China?
:rofl:
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