http://blogtown.portlandmercury.com/BlogtownPDX/archives/2013/01/08/what-happens-if-republicans-breach-the-debt-ceiling Comments On: What Happens If Republicans Breach the Debt Ceiling? by Paul Constant en-us Copyright 2013 Portland Mercury. All rights reserved. This RSS file is offered to individuals, Portland Mercury readers, and non-commercial organizations only. Any commercial websites wishing to use this RSS file, please contact Portland Mercury. webmaster@portlandmercury.com (Portland Mercury Webmaster) Sat, 25 May 2013 00:00:01 -0700 Sat, 25 May 2013 23:00:00 -0700 Foundation http://blogs.law.harvard.edu/tech/rss
http://blogs.wsj.com/washwire/2013/01/08/p…
Posted by GeezRilly?]]> Wed, 09 Jan 2013 12:17:20 -0800 Portland Mercury
http://solari.com/blog/wp-content/uploads/…

Now, if only I could get my hands on that trillion dollar coin....

Well done as usual FA.
Posted by Spindles]]> Tue, 08 Jan 2013 22:59:02 -0800 Portland Mercury Posted by fidelity_axiom]]> Tue, 08 Jan 2013 18:44:22 -0800 Portland Mercury Posted by Graham]]> Tue, 08 Jan 2013 18:13:36 -0800 Portland Mercury
It's mathematically impossible for this country ever to repay our national debt.

The very currency that we use, the American Dollar, is created through Debt. In addition, there's more Debt than there are Dollars, so even if we used every single Dollar we have to repay the Debt, we would still have more Debt, and you and I would have no Dollars.

I like this option more:
c) Walk away.

This is how this country will eliminate our debts (except it won't be fake, nor as funny as this video, it will be horrible and violent):
http://youtu.be/TRgRz3nSG7o
Posted by fidelity_axiom]]> Tue, 08 Jan 2013 17:43:57 -0800 Portland Mercury
a) Raise the ceiling
b) Drain the sewage
Posted by D]]> Tue, 08 Jan 2013 16:47:06 -0800 Portland Mercury
I'm sure you're going to be getting your W2 in the mail soon - take a look at that Federal Income Tax Withheld box and ask yourself if you're OK with half of that being spent on slaughtering innocent people. 18 on Sunday, another 8 today in Pakistan that we know of. I think the whole rest of the world is eagerly looking forward to this government’s collapse too.
Posted by fidelity_axiom]]> Tue, 08 Jan 2013 16:26:50 -0800 Portland Mercury
@fidelity, you have a very simplified view of how federal spending affects not just you personally, but the world's entire economic system. You may not be getting any checks from them, you will damn sure notice if they run out of money.
Posted by theterminizer]]> Tue, 08 Jan 2013 16:15:04 -0800 Portland Mercury
About the only good thing the federal government provides most people, in real terms, is food stamps and unemployment benefits.

I think those slight benefits are outweighed by the over taxation to pay for the goddamn wars. We wouldn’t be talking “fiscal cliffs” if it wasn’t for the war, as war spending is over half of everyone’s federal income taxes. The federal government has spent more money developing one fighter jet that we don't need (the F-35, $323 Billion total program cost) than the entire cost of the Apollo Program two times over.

Fuck the feds, let’m crash.
Posted by fidelity_axiom]]> Tue, 08 Jan 2013 15:55:33 -0800 Portland Mercury Posted by ROM]]> Tue, 08 Jan 2013 14:44:41 -0800 Portland Mercury