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Quietly reaching debt ceiling again......


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#1 thefuzz

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Posted 08 November 2012 - 11:02 AM

http://cnsnews.com/n...d-near-end-2012

The U.S. Treasury quietly warned at the end of a statement issued last Wednesday that it expects the federal government to hit its legal debt limit before the end of this year--which means before the new Congress is seated--and that "extraordinary measures" will be needed before then to keep the government fully funded into the early part of 2013.



Awesome huh?

Honey, we can't pay the $200 cable bill unless you can call American Express and have them raise our credit limit so we can put groceries on the card.

#2 The Saltman

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Posted 08 November 2012 - 11:04 AM

2013 is going to be a very interesting year.

#3 g5jamz

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Posted 08 November 2012 - 11:14 AM

Republicans should just sit back and sign everything the liberals want and let the country go down the path they want it.

Let Darwin work.

#4 thefuzz

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Posted 08 November 2012 - 12:00 PM

Nothing to see here......kicks the can down the road*

#5 mmmbeans

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Posted 08 November 2012 - 12:07 PM

Republicans should just sit back and sign everything the liberals want and let the country go down the path they want it.


I would be fine with this.

#6 g5jamz

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Posted 08 November 2012 - 12:09 PM

I would be fine with this.


Do use Windex for everything and have a penchant of explaining the origin of every word?

#7 stirs

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Posted 08 November 2012 - 12:14 PM

Too late.

I truly think 2013 and 2014 will only show us what mistakes we have made. The cuts to right the ship will be too much.

In a few short years, the fit that will be thrown by all the folks getting mandatory cuts will be incredible. They voted for stuff and now they are not getting it. We have made our bed......

#8 g5jamz

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Posted 08 November 2012 - 12:25 PM

Buy stock in guns/ammo companies.

#9 Proudiddy

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Posted 08 November 2012 - 12:26 PM

http://cnsnews.com/n...d-near-end-2012

The U.S. Treasury quietly warned at the end of a statement issued last Wednesday that it expects the federal government to hit its legal debt limit before the end of this year--which means before the new Congress is seated--and that "extraordinary measures" will be needed before then to keep the government fully funded into the early part of 2013.



Awesome huh?

Honey, we can't pay the $200 cable bill unless you can call American Express and have them raise our credit limit so we can put groceries on the card.

How would this affect the average citizen? How would debt be affected (credit, student loans, etc.)... This may be a question best for Jase or pstall...

#10 Delhommey

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Posted 08 November 2012 - 12:27 PM

Republicans should just sit back and sign everything the liberals want and let the country go down the path they want it.


Lol. Like they have a choice at this point.

#11 Proudiddy

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Posted 08 November 2012 - 12:34 PM

And anyone remember this thread?
http://www.carolinah...age__hl__keiser

#12 Delhommey

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Posted 08 November 2012 - 12:37 PM

Yep. Still Infowars.

#13 stirs

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Posted 08 November 2012 - 12:40 PM

Unless we live in bizarro world where the old rules of paying your bills do not apply any longer, there has to be a reckoning. For most of society have do not worry about paying bills, the reckoning will come in the depletion of funds.

All this will cause a big problem. If not, then I would like to know so that I could go out and buy a bunch of crap on credit and never pay for it, you know, before it all goes down.

#14 stirs

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Posted 08 November 2012 - 12:41 PM

Yep. Still Infowars.



when Sandy was making its way toward NYC, did it really not exist because Fox news reported it?

#15 Jase

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Posted 08 November 2012 - 12:43 PM

great, another round of republicans holding the country hostage over "sending a message".

Then continuing to bring home the bacon after the ceiling is raised.


Can't wait.


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