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Originally Posted by marketsmart
this is another thing i hate about politics.. this whole flip flop shit..
people arent entitled to change their minds?
now, there is a difference between changing ones mind and just lying to satisfy the moment, but i think people get too hung up on this term and of course the media and the politicians love to rub each others nose in it...
just another broken cog in the wheel... 
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ron paul flip flops because doing so keeps him in office, not because he learns more/becomes more enlightened about the topic and reverses his stance.
takes a lot of shenanigans to stay in office for 35+ years all while being an obstructionist who points his finger at the very establishment he work within.
more from zivney on the 1979 incident
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The U.S. did default, in 1979, he says. There was a brief lapse in 1979 on $122 million dollars. We paid a .6 of a percentage point penalty, and that little lapse cost the U.S. billions of dollars in the first year alone.
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good idea ron! let's add more to the debt via a voluntary default.