Congress Continues Debate Over Whether Or Not Nation Should Be Economically Ruined

[TalkingDog]

http://www.theonion.com/articles/congress-continues-debate-over-whether-or-not-nati,20977/

WASHINGTON—Members of the U.S. Congress reported Wednesday they were continuing to carefully debate the issue of whether or not they should allow the country to descend into a roiling economic meltdown of historically dire proportions. "It is a question that, I think, is worthy of serious consideration: Should we take steps to avoid a crippling, decades-long depression that would lead to disastrous consequences on a worldwide scale? Or should we not do that?" asked House Majority Leader Eric Cantor (R-VA), adding that arguments could be made for both sides, and that the debate over ensuring America’s financial solvency versus allowing the nation to default on its debt—which would torpedo stock markets, cause mortgage and interests rates to skyrocket, and decimate the value of the U.S. dollar—is “certainly a conversation worth having.” "Obviously, we don't want to rush to consensus on whether it is or isn't a good idea to save the American economy and all our respective livelihoods from certain peril until we've examined this thorny dilemma from every angle. And if we’re still discussing this matter on Aug. 2, well, then, so be it.” At press time, President Obama said he personally believed the country should not be economically ruined.

[Skink]

1. If social security and medicare are cut even a little there will be

a depression felt by all but a few. If we default and interest rates go up it would atleast be felt by all.

[Ed Suspicious]

3. A bright spot of that eventuality will be the political fallout

from such a policy. I will do my part to burn to the ground the political hopes and aspirations of anyone, republican or democrat who messes with our SS and Medicare/Medicaid.

They better hope they made comfy corporate beds because they will be over in politics.

[Cool Logic]

2. There's not much to debate. Many predicted what's going on now a long time ago.

It is incumbent on every generation to pay its own debts as it goes. A principle which if acted on would save one-half the wars of the world. ~ Thomas Jefferson

When the people find that they can vote themselves money, that will herald the end of the republic. ~ Benjamin Franklin:

There is nothing which I dread so much as a division of the republic into two great parties, each arranged under its leader, and concerting measures in opposition to each other. This, in my humble apprehension, is to be dreaded as the greatest political evil under our Constitution. ~ John Adams

[bigwillq]

5. Great quotes.

I stole the Adams one and put it on my facebook. :hi:

[bigwillq]

4. Congress really is a joke.

:mad:

[StarsInHerHair]

6. austerity/cuts are Hooverism & would GUARANTEE a DEPRESSION, the opposite

of what these Republiscum say is the truth, it was with the Banksters & it is now