Quote:
Originally Posted by acrylix
The reason you can't explain it, is because it doesn't exist. 
Please re-read this quote from the OP-ED piece you linked to:
http://www.bloomberg.com/news/2011-0...-ron-paul.html
Do you understand what, "Unless major changes are made" means? Let me try re-phrasing it for you: It means that we DON'T have to default. He says the same thing in the video, so there is no flip flop.
The reason you never heard back from me, is because you never asked me the question. I don't believe anyone can know 100% what the consequences of a default will be. Where did I make such a ridiculous statement?
I never said the video was an op-ed piece. I assumed you would understand I was referring to the Bloomberg OP-ED piece. I then proceeded to post a quote from it where he also states that there is no need to default. Remember that quote? Did you even read it?  |
no.
let's start at the beginning since that's where you lack understanding. the op-ed piece is written by ron paul. that includes the title, which is verbatim:
Quote:
Default Now, or Suffer a More Expensive Crisis Later: Ron Paul
By Ron Paul
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moreover, your quoting his *it's not too late* shenanigans simply reinforces my point that ron paul is clueless. yeah, let's do the following by midnight monday.
Quote:
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It isn?t too late to return to fiscal sanity. We could start by canceling out the debt held by the Federal Reserve, which would clear $1.6 trillion under the debt ceiling. Or we could cut trillions of dollars in spending by bringing our troops home from overseas, making gradual reforms to Social Security and Medicare, and bringing the federal government back within the limits envisioned by the Constitution. Yet no one is willing to step up to the plate and make the hard decisions that are necessary. Everyone wants to kick the can down the road and believe that deficit spending can continue unabated.
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from the "op-ed" piece.