Rand Paul on the looming DEFAULT crisis....

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  • adendreams
    Confirmed User
    • Jul 2009
    • 1887

    #1

    Rand Paul on the looming DEFAULT crisis....

    "If we dont raise the Debt Ceiling what that means is you'd have a balanced budget."

    -Rand Paul




    it's long and boring but skip to 3:05 for crazytown

    This is one of the all time BATSHIT statements I have EVER heard from anyone in Washington.

    It's just bizzaro what he is saying here - he's for NOT raising the Debt Limit...yet everything he says here seems the inverse....let's just PROMISE to pay the bills! hahahaha funhouse logic.

    too bad he's got the strain of crazy from his pops - otherwise he could be good...I like his views on war and drugs and other things...but then he just veers off into straight jacket territory every time.
    Last edited by adendreams; 10-03-2013, 07:35 PM.
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    • Nov 2003
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    #2
    We need 100 more Harry Reids in the Senate. Do your part to make it happen.


    /s

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    • adendreams
      Confirmed User
      • Jul 2009
      • 1887

      #3
      Originally posted by $5 submissions
      We need 100 more Harry Reids in the Senate. Do your part to make it happen.


      /s
      classic - if I take issue with a Republican then I must love the leaders on the Dem side...

      if you want to make a statement in support of Rand let's hear your side of it instead of just kicking sand.
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      • onwebcam
        Fake Nick 1.0
        • Oct 2005
        • 27689

        #4
        Originally posted by adendreams
        "If we dont raise the Debt Ceiling what that means is you'd have a balanced budget."

        -Rand Paul




        it's long and boring but skip to 3:05 for crazytown

        This is one of the all time BATSHIT statements I have EVER heard from anyone in Washington.

        It's just bizzaro what he is saying here - he's for NOT raising the Debt Limit...yet everything he says here seems the inverse....let's just PROMISE to pay the bills! hahahaha funhouse logic.

        too bad he's got the strain of crazy from his pops - otherwise he could be good...I like his views on war and drugs and other things...but then he just veers off into straight jacket territory every time.

        Don't Believe The Debt Ceiling Hype: The Federal Government Can Survive Without An Increase
        http://www.forbes.com/sites/jeffreyd...t-an-increase/
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        • SuckOnThis
          So Fucking Banned
          • Oct 2003
          • 6844

          #5



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          • onwebcam
            Fake Nick 1.0
            • Oct 2005
            • 27689

            #6
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            • blackmonsters
              Making PHP work
              • Nov 2002
              • 20970

              #7
              Originally posted by onwebcam
              Don't Believe The Debt Ceiling Hype: The Federal Government Can Survive Without An Increase
              http://www.forbes.com/sites/jeffreyd...t-an-increase/
              It's all a jackass stunt by republicans to stonewall success.
              If Obama care is stalled until repubs gain the white house the first thing they will do is
              rename Obamacare and then fund it all.

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              • $5 submissions
                I help you SUCCEED
                • Nov 2003
                • 32195

                #8
                Originally posted by onwebcam

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                • onwebcam
                  Fake Nick 1.0
                  • Oct 2005
                  • 27689

                  #9
                  Originally posted by blackmonsters
                  It's all a jackass stunt by republicans to stonewall success.
                  If Obama care is stalled until repubs gain the white house the first thing they will do is
                  rename Obamacare and then fund it all.

                  The current shut down is not because the debt ceiling which is weeks away. You get to look forward to this all over again.
                  Last edited by onwebcam; 10-03-2013, 07:59 PM.
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                  • adendreams
                    Confirmed User
                    • Jul 2009
                    • 1887

                    #10
                    Originally posted by onwebcam
                    Don't Believe The Debt Ceiling Hype: The Federal Government Can Survive Without An Increase
                    http://www.forbes.com/sites/jeffreyd...t-an-increase/
                    Thats an Op Ed....just one guys opinion... and it's also wacky:
                    "the government has been financing its monthly budget deficit by stealing/borrowing money from other government funds"

                    you actually take that hack seriously?

                    Part of me really hopes the fringe right can somehow hold onto this protest long enough to actually cause the default to happen...just so we can really see the bottom drop out (as a former stock broker I know it's financial suicide)...if these Teabaggers get their wish and we default...we will see how far the rabbit hole goes.
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                    • L-Pink
                      working on my tan
                      • Mar 2005
                      • 39151

                      #11
                      Originally posted by onwebcam
                      The public is numb to large dollar amounts. Reducing it down really makes a better point.

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                      • adendreams
                        Confirmed User
                        • Jul 2009
                        • 1887

                        #12
                        Originally posted by L-Pink
                        The public is numb to large dollar amounts. Reducing it down really makes a better point.
                        You guys really have no interest in learning about finance and the markets or wouldn't think the "whole raise your ceiling or remove the shit" thing is so funny and cool... because it's just laughable that anyone would think the analogy applies.


                        love Bill Maher comment:

                        "Rand Paul is like if Sarah Palin went to Medical School"
                        Last edited by adendreams; 10-03-2013, 08:15 PM.
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                        • onwebcam
                          Fake Nick 1.0
                          • Oct 2005
                          • 27689

                          #13
                          Originally posted by adendreams
                          You guys really have no interest in learning about finance and the markets or wouldn't think the "whole raise your ceiling or remove the shit" thing is so funny and cool... because it's just laughable that anyone would think the analogy applies.
                          I use to be co-owner of a mortgage company. I've seen countless of people who tried to live like the Federal government does and it didn't work for them why should it work for the government?

                          That's all outside of the fact that the Federal government has been operating in bankruptcy receivership since 1933.
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                          • blackmonsters
                            Making PHP work
                            • Nov 2002
                            • 20970

                            #14
                            Originally posted by onwebcam
                            Lesson #2 :

                            Ceiling????????
                            I would "raze" the entire house idiot.

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                            • L-Pink
                              working on my tan
                              • Mar 2005
                              • 39151

                              #15
                              Originally posted by adendreams
                              You guys really have no interest in learning about finance and the markets or wouldn't think the "whole raise your ceiling or remove the shit" thing is so funny and cool... because it's just laughable that anyone would think the analogy applies.


                              love Bill Maher comment:

                              "Rand Paul is like if Sarah Palin went to Medical School"
                              My point was the voting public has no concept of numbers that large and just tunes them out and drives the kids to soccer practice.

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                              • ilnjscb
                                Confirmed User
                                • Jun 2009
                                • 8972

                                #16
                                Also, a person is a bound actor, a government is not. A government is the only "free" entity left. Any human today is born in debt to someone, unless they are one of a handful of people. Governments are free within their space to pursue their aims and goals. There is no "higher power" to compel payment or even contractual obligation.

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                                • onwebcam
                                  Fake Nick 1.0
                                  • Oct 2005
                                  • 27689

                                  #17
                                  Originally posted by ilnjscb
                                  There is no "higher power" to compel payment or even contractual obligation.
                                  Then why do they have to pay debt? Wouldn't the private Federal Reserve be the higher power to which they are compelled?
                                  Last edited by onwebcam; 10-03-2013, 09:43 PM.
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                                  • adendreams
                                    Confirmed User
                                    • Jul 2009
                                    • 1887

                                    #18
                                    Originally posted by onwebcam
                                    Then why do they have to pay debt? Wouldn't the private Federal Reserve be the higher power to which they are compelled?
                                    Heavy.

                                    Every cult needs a demon - with Scientology it's Psychiatrists...with you guys its always the Fed


                                    Libertarianism would be cool if we could start it fresh..like say go to Antarctica or someplace where there are no native peoples...set up a totally free state where the playing field is level to begin with...then it might actually have a shot.

                                    But here in the US where we have the immigrants the poor the sick the disabled and the decendents of slaves - where you have 400 families that already control the majority of the wealth... well then sorry Libertarians but the train has left the station.
                                    Last edited by adendreams; 10-03-2013, 11:58 PM.
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                                    • Captain Kawaii
                                      So Fucking Banned
                                      • Oct 2007
                                      • 6748

                                      #19
                                      Who will save the world? IMF is having serious diarrhea today on BBC.

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                                      • ilnjscb
                                        Confirmed User
                                        • Jun 2009
                                        • 8972

                                        #20
                                        Originally posted by onwebcam;198221A 61
                                        Then why do they have to pay debt? Wouldn't the private Federal Reserve be the higher power to which they are compelled?
                                        Because it affects borrowing costs. Assuming you want to stay civilized, that matters. That isn't being compelled, though. If you don't pay taxes, you will be compelled to pay them, through physical threat. The US can't be compelled physically by any power.

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                                        • Tom_PM
                                          Porn Meister
                                          • Feb 2005
                                          • 16443

                                          #21


                                          You know that even the dumbest hicks know if the House Republicans won't vote to raise the debt limit that it has nothing to do with the debt and everything to do with Obama. Lets just cop to that and keep our feet on Earth and start disagreeing from there.
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                                          • Relentless
                                            www.EngineFood.com
                                            • Aug 2006
                                            • 5697

                                            #22
                                            It's the same as saying 'honey, if we don't pay our credit card bills and our mortgage this month we have plenty of cash left over'

                                            Moronic


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                                            • onwebcam
                                              Fake Nick 1.0
                                              • Oct 2005
                                              • 27689

                                              #23
                                              Originally posted by ilnjscb
                                              Because it affects borrowing costs. Assuming you want to stay civilized, that matters. That isn't being compelled, though. If you don't pay taxes, you will be compelled to pay them, through physical threat. The US can't be compelled physically by any power.
                                              When you say The US do you mean the people and states within or the corporation also known as the US headquartered in Washington D.C.?
                                              Last edited by onwebcam; 10-04-2013, 07:13 AM.
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                                              • TRPWL
                                                Registered User
                                                • Sep 2013
                                                • 73

                                                #24
                                                100 more Harry Reids???? WTF
                                                http://trpwl.com

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                                                • ilnjscb
                                                  Confirmed User
                                                  • Jun 2009
                                                  • 8972

                                                  #25
                                                  Originally posted by onwebcam
                                                  When you say The US do you mean the people and states within or the corporation also known as the US headquartered in Washington D.C.?
                                                  I mean the US government. Since they can fire nuclear warheads that would effectively end civilization, I figure they have more power than anyone else you could point to, including all non-military personnel put together.

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