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Remember: if the debt ceiling is not raised, it DOESN'T mean that Obama is "forced" to default on the public debt

 
default is just an option
User ID: 48401473
Brazil
10/15/2013 11:48 AM
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Remember: if the debt ceiling is not raised, it DOESN'T mean that Obama is "forced" to default on the public debt
It's a LIE that the government "has" to default on the national debt if the debt ceiling is not raised.

The default would be an OPTION made by Obama, but it's NOT the only option.

There are other options if the debt ceiling is not raised, like cutting unnecessary federal spendings, to achieve a fiscal surplus.


Not raising the debt ceiling only means that Obama will have to use more wisely the money that he gets EVERY DAY from the taxes collected by the federal government.

He is not forced, in any way, to default on the US federal debt.

The money recquired to service the debt every week is WAY LESS than the money from taxes that the government gets every week.

So, the money from taxes is more than enough to service the current existing debt, and do lots of other things. There is no need to keep borrowing money. There is no need to keep increasing the debt.

The only thing that is needed is a balanced budget.
No More Lies

User ID: 1178326
United States
10/15/2013 11:50 AM

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Re: Remember: if the debt ceiling is not raised, it DOESN'T mean that Obama is "forced" to default on the public debt
You're right BUT Obama is going to...he's gonna blame it on the Repubes all the way down to when he says "we're forced to default because of the anti-american GOP"...interest rates will spike as the economy faces a severe downturn...PDD51 is declared...and then it's game over...or game on...whatever you want to call it.
Anonymous Coward (OP)
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10/15/2013 11:54 AM
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Re: Remember: if the debt ceiling is not raised, it DOESN'T mean that Obama is "forced" to default on the public debt
You're right BUT Obama is going to...he's gonna blame it on the Repubes all the way down to when he says "we're forced to default because of the anti-american GOP"...interest rates will spike as the economy faces a severe downturn...PDD51 is declared...and then it's game over...or game on...whatever you want to call it.
 Quoting: No More Lies



But it's easy to prove that default is OBAMA'S FAULT

He has the CHOICE to NOT default on the public debt if he wants.

So, default is a PERSONAL CHOICE made by Obama.

He can keep servicing the debt, even with the debt ceiling not raised. He just needs to stop spending so much money with other things.
No More Lies

User ID: 1178326
United States
10/15/2013 11:58 AM

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Re: Remember: if the debt ceiling is not raised, it DOESN'T mean that Obama is "forced" to default on the public debt
You're right BUT Obama is going to...he's gonna blame it on the Repubes all the way down to when he says "we're forced to default because of the anti-american GOP"...interest rates will spike as the economy faces a severe downturn...PDD51 is declared...and then it's game over...or game on...whatever you want to call it.
 Quoting: No More Lies



But it's easy to prove that default is OBAMA'S FAULT

He has the CHOICE to NOT default on the public debt if he wants.

So, default is a PERSONAL CHOICE made by Obama.

He can keep servicing the debt, even with the debt ceiling not raised. He just needs to stop spending so much money with other things.
 Quoting: Anonymous Coward 48401473


sheeple don't know/care....what he says is 'the truth'...or he'll say he had no choice BUT to do so because of GOP...either way
Limpan

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Sweden
10/15/2013 11:59 AM

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Re: Remember: if the debt ceiling is not raised, it DOESN'T mean that Obama is "forced" to default on the public debt
Come on! All with a brain realizes that this is just one game before the world. Dow Jones is almost time high. Unemployment has been declining since 2008. If we went against default so you would see a major panic among politicians. They are millionaires you know! You would have seen a completely different behavior among politicians. This is only a game between the parties and in the end, one of the parties to stand with his tail between his legs.
U.S. will not go in to default!


slaphimslaphimslaphimslaphimslaphimslaphimslaphimslaphimslaphimslaphimslaphimslaphimslaphim
Anonymous Coward (OP)
User ID: 48401473
Brazil
10/15/2013 12:02 PM
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Re: Remember: if the debt ceiling is not raised, it DOESN'T mean that Obama is "forced" to default on the public debt
Come on! All with a brain realizes that this is just one game before the world. Dow Jones is almost time high. Unemployment has been declining since 2008. If we went against default so you would see a major panic among politicians. They are millionaires you know! You would have seen a completely different behavior among politicians. This is only a game between the parties and in the end, one of the parties to stand with his tail between his legs.
U.S. will not go in to default!


slaphimslaphimslaphimslaphimslaphimslaphimslaphimslaphimslaphimslaphimslaphimslaphimslaphim
 Quoting: Limpan



but the US doesn't need to go into default EVEN if the debt ceiling is not raised.


there is no real need to raise the debt ceiling
Anonymous Coward
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10/15/2013 12:23 PM
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Re: Remember: if the debt ceiling is not raised, it DOESN'T mean that Obama is "forced" to default on the public debt
bump
Anonymous Coward
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10/15/2013 12:36 PM
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Re: Remember: if the debt ceiling is not raised, it DOESN'T mean that Obama is "forced" to default on the public debt
no need to raise debt ceiling

no need to default on the current debt

if there is a default, it's Obama's choice
Anonymous Coward
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10/15/2013 12:42 PM
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Re: Remember: if the debt ceiling is not raised, it DOESN'T mean that Obama is "forced" to default on the public debt
the title of this thread is perfect


REMEMBER IT!
Anonymous Coward
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10/15/2013 12:43 PM
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Re: Remember: if the debt ceiling is not raised, it DOESN'T mean that Obama is "forced" to default on the public debt
bump
Anonymous Coward
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10/15/2013 12:44 PM
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Re: Remember: if the debt ceiling is not raised, it DOESN'T mean that Obama is "forced" to default on the public debt
bump
Anonymous Coward
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10/15/2013 09:38 PM
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Re: Remember: if the debt ceiling is not raised, it DOESN'T mean that Obama is "forced" to default on the public debt
bump

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