Congress Continues Debate Over Whether Or Not Nation Should Be Economically Ruined - GoFuckYourself.com

BFT3K · 07-24-2011, 07:42 PM

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.

JFK · 07-24-2011, 07:43 PM

WHAT A BUCH OF FUCKING IDIOTS

iamtam · 07-24-2011, 07:45 PM

this will be one of the rare occasions where the republican party makes a complete and total fuckup that they cannot deny.

Serge Litehead · 07-24-2011, 08:10 PM

Quote:

Originally Posted by JFK

WHAT A BUCH OF FUCKING IDIOTS

+1
idiocracy at its best

BFT3K · 07-25-2011, 08:22 AM

JamesGw · 07-25-2011, 08:26 AM

This is getting ridiculous.

sperbonzo · 07-25-2011, 08:30 AM

Quote:

Originally Posted by iamtam

this will be one of the rare occasions where the republican party makes a complete and total fuckup that they cannot deny.

So.... when the Democrats controlled both the house and the senate, they didn't pass a budget AT ALL.... Then when the Republicans put one forward last year, the Democrats totally attack it, but put forward no budget of their own, just talk about possiblities. The Republicans put forward Cut, Cap, and Balance, and the Democrats totally attack it, but still put forward nothing on paper. Now, 22 months after the 11th congress, when the Democrats controlled both houses, they are still trying to pass a budget that has a 33% increase in government spending.

I see what you mean. Totally the Republicans fault!

.

.What you guys don't get is that the government is totally out of control and it's only going to get worse. While you are arguing over which party is better, BOTH parties are stealing you blind and putting more and more power into the hands of the political ruling class, and their henchmen.

.suckers.

.

2MuchMark · 07-25-2011, 08:30 AM

Ridiculous and downright scary.

Wizzo · 07-25-2011, 08:38 AM

Got to love the Onion, though I think they are actually on target with this one...lol

_Richard_ · 07-25-2011, 08:42 AM

everyone thinks this article is real.. it's on all the conspiracy sites lol

marketsmart · 07-25-2011, 08:45 AM

Quote:

Originally Posted by sperbonzo

.What you guys don't get is that the government is totally out of control and it's only going to get worse. While you are arguing over which party is better, BOTH parties are stealing you blind and putting more and more power into the hands of the political ruling class, and their henchmen.

.suckers.

.

exactly... i have been preaching this for the last two years...

when the majority of the people in this country start to understand this, then change will happen...

not until...

.

dyna mo · 07-25-2011, 08:47 AM

that story is not fake whatsoever.

from ron paul-

Quote:

If the government defaults on its debt now, the consequences undoubtedly will be painful in the short term. The loss of its AAA rating will raise the cost of issuing new debt, but this is not altogether a bad thing. Higher borrowing costs will ensure that the government cannot continue the same old spending policies. Budgets will have to be brought into balance (as the cost of servicing debt will be so expensive as to preclude future debt financing of government operations), so hopefully, in the long term, the government will return to sound financial footing.

http://www.bloomberg.com/news/2011-0...html#more-9964

baddog · 07-25-2011, 08:53 AM

I wish I could just raise my debt ceiling. Would make life so much easier.

12clicks · 07-25-2011, 08:56 AM

Quote:

Originally Posted by iamtam

this will be one of the rare occasions where the republican party makes a complete and total fuckup that they cannot deny.

by putting forward 3 different solutions to the problem while obama and company put forward NOTHING?

we'll see who makes "a complete and total fuckup"

the CBO explaining obama's position on the budget:

"We don't estimate speeches," said Elmendorf. "We need much more specificity than was provided in that speech for us to do our analysis."
-----------
has there even been a budget since obama took office?

dyna mo · 07-25-2011, 08:58 AM

*the government* had no problems bailing out the world in 2008-2010 to the tune of $16 trillion but now they get all twisted over this.

seeandsee · 07-25-2011, 08:59 AM

what ever they do now, debt will stay...

marketsmart · 07-25-2011, 09:01 AM

Quote:

Originally Posted by dyna mo

that story is not fake whatsoever.

from ron paul-

http://www.bloomberg.com/news/2011-0...html#more-9964

i say we roll the dice...

and default...

.

Wizzo · 07-25-2011, 09:04 AM

Quote:

Originally Posted by _Richard_

everyone thinks this article is real.. it's on all the conspiracy sites lol

Its from the Onion.... http://www.theonion.com/articles/con...ot-nati,20977/

dyna mo · 07-25-2011, 09:04 AM

Quote:

Originally Posted by marketsmart

i say we roll the dice...

and default...

.

me too, just wish we did it in 2008.

BFT3K · 07-25-2011, 10:17 AM

It's from the onion, but it is solidly based on reality.

IllTestYourGirls · 07-25-2011, 10:33 AM

lol. It would be better fit for reality if they said the Senate and Obama are debating. Congress already passed raising the debt ceiling Obama and the democrats are delaying it.

Edit: and we are already economically ruined. We are talking about borrowing more money to pay on money we borrowed. If that is not ruined, I dont know what is.

07-24-2011, 07:42 PM	#1
BFT3K Too lazy to set a custom title Industry Role: Join Date: Dec 2005 Location: Narnia Posts: 10,764	Congress Continues Debate Over Whether Or Not Nation Should Be Economically Ruined 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. Last edited by BFT3K; 07-24-2011 at 07:45 PM..

07-24-2011, 07:43 PM	#2
JFK FUBAR the ORIGINATOR Industry Role: Join Date: Jan 2002 Location: FUBARLAND Posts: 67,374	WHAT A BUCH OF FUCKING IDIOTS __________________ FUBAR Webmasters - The FUBAR Times - FUBAR Webmasters Mobile - FUBARTV.XXX For promo opps contact jfk at fubarwebmasters dot com

07-25-2011, 08:26 AM	#6
JamesGw Confirmed User Industry Role: Join Date: Apr 2011 Posts: 1,237	This is getting ridiculous. __________________ Giggles.com has a huge selection of sex toys. Need backlinks? Ask to guest post on our adult blog.

07-25-2011, 08:30 AM	#8
2MuchMark Videochat Solutions Industry Role: Join Date: Aug 2004 Location: Canada Posts: 48,642	Ridiculous and downright scary. __________________ Custom Software \| Server Management \| Integration and Technology Solutions https://www.2much.net

07-25-2011, 08:38 AM	#9
Wizzo 2011 GFY Hall of Fame! Industry Role: Join Date: Nov 2000 Location: Back in Texas! Posts: 15,224	Got to love the Onion, though I think they are actually on target with this one...lol __________________ Looking for Opportunity!

07-24-2011, 07:45 PM	#3
iamtam So Fucking Banned Join Date: Feb 2010 Posts: 1,211	this will be one of the rare occasions where the republican party makes a complete and total fuckup that they cannot deny.

07-25-2011, 08:22 AM	#5
BFT3K Too lazy to set a custom title Industry Role: Join Date: Dec 2005 Location: Narnia Posts: 10,764

07-25-2011, 08:42 AM	#10
_Richard_ Too lazy to set a custom title Industry Role: Join Date: Oct 2006 Location: Vancouver Posts: 30,985	everyone thinks this article is real.. it's on all the conspiracy sites lol

07-25-2011, 08:53 AM	#13
baddog So Fucking Banned Industry Role: Join Date: Apr 2001 Location: the beach, SoCal Posts: 107,089	I wish I could just raise my debt ceiling. Would make life so much easier.

07-25-2011, 08:58 AM	#15
dyna mo The People's Post Industry Role: Join Date: Dec 2008 Location: invisible 7-11 Posts: 64,031	the government had no problems bailing out the world in 2008-2010 to the tune of $16 trillion but now they get all twisted over this.

07-25-2011, 08:59 AM	#16
seeandsee Check SIG! Industry Role: Join Date: Mar 2006 Location: Europe (Skype: gojkoas) Posts: 50,945	what ever they do now, debt will stay... __________________ BUY MY SIG - 50$/Year Contact here

07-25-2011, 10:17 AM	#20
BFT3K Too lazy to set a custom title Industry Role: Join Date: Dec 2005 Location: Narnia Posts: 10,764	It's from the onion, but it is solidly based on reality.

07-25-2011, 10:33 AM	#21
IllTestYourGirls Ah My Balls Industry Role: Join Date: Feb 2007 Location: Under the gold leaf ICQ 388-454-421 Posts: 14,311	lol. It would be better fit for reality if they said the Senate and Obama are debating. Congress already passed raising the debt ceiling Obama and the democrats are delaying it. Edit: and we are already economically ruined. We are talking about borrowing more money to pay on money we borrowed. If that is not ruined, I dont know what is. __________________ Last edited by IllTestYourGirls; 07-25-2011 at 10:35 AM..