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Journal by fustakrakich

The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned...

Let's see if Biden has the cajones to bypass congress and kill the debt ceiling

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The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
  • (Score: 3, Insightful) by owl on Monday May 08, @05:20PM (14 children)

    by owl (15206) Subscriber Badge on Monday May 08, @05:20PM (#1305334)

    I want to be honest and admit that the Democrats have a lot of responsibility for this situation. They knew Republicans weren't going to be reasonable about the debt ceiling. Democrats had the opportunity to address the debt ceiling through reconciliation in the previous Congress. They chose not to do it, fully aware that Republicans were going to play this game. It frustrates me greatly that Democrats didn't address this five or six months ago.

    Reality is that the "debt ceiling" has simply become a political football that both sides like to use to try to force the other side into conceding to their demands. Both sides are just as guilty here, and both sides should be blamed for the game of chicken that is now being played.

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  • (Score: 0) by Anonymous Coward on Monday May 08, @07:08PM (5 children)

    by Anonymous Coward on Monday May 08, @07:08PM (#1305353)

    I don't think that is accurate. Democratic administrations the last 30 years have had more luck balancing the budget. There is plenty of pitical football, but the last 20 years has been filled with disturbing Republican actions that vastly increased US debt. Obama had to deal with Iraq, so any complaints there will get tossed back on to the war criminals Bush and Cheney that started a war under entirely false pretenses.

    • (Score: 2, Funny) by khallow on Tuesday May 09, @12:42AM (4 children)

      by khallow (3766) Subscriber Badge on Tuesday May 09, @12:42AM (#1305407) Journal

      Democratic administrations the last 30 years have had more luck balancing the budget.

      In other words, in the past thirty years (really much longer than that), there was one administration which came close to balancing the budget, the Clinton administration. It was Democrat.

      • (Score: 0) by Anonymous Coward on Thursday May 11, @04:29AM (3 children)

        by Anonymous Coward on Thursday May 11, @04:29AM (#1305834)

        the Clinton administration.

        Yeah! The one that repealed Glass-Steagall! Neat trick, huh? "You'll dance to anything"...

        • (Score: 1) by khallow on Saturday May 13, @05:33AM (2 children)

          by khallow (3766) Subscriber Badge on Saturday May 13, @05:33AM (#1306194) Journal

          The one that repealed Glass-Steagall!

          You're digging your hole deeper. That repeal remains a good idea.

          • (Score: 0) by Anonymous Coward on Saturday May 13, @06:00AM (1 child)

            by Anonymous Coward on Saturday May 13, @06:00AM (#1306196)

            Yeah, to you, and the bankers you so cravenly serve.

  • (Score: 2) by DeathMonkey on Monday May 08, @07:20PM (7 children)

    by DeathMonkey (1380) on Monday May 08, @07:20PM (#1305355) Journal

    There are zero examples of the Democrats pulling this stunt.

    This is a 100% Republican move.

    • (Score: 0) by Anonymous Coward on Monday May 08, @08:42PM (6 children)

      by Anonymous Coward on Monday May 08, @08:42PM (#1305366)

      There is a reason that Debt Limit Extorsion is called "Newt Gringrich's Really Big Idea".

      • (Score: 2) by DeathMonkey on Monday May 08, @09:55PM (5 children)

        by DeathMonkey (1380) on Monday May 08, @09:55PM (#1305383) Journal

        According to fusty both sides are equally at fault for Newt Gingrich.

        • (Score: 0) by Anonymous Coward on Tuesday May 09, @02:46AM (3 children)

          by Anonymous Coward on Tuesday May 09, @02:46AM (#1305418)

          :-) Only one side.. thriving through a robust symbiotic relationship between two "rival" factions, both serving the very same financiers, to give the appearance of opposition. Simple reelection is the goal, keep the game running. Helps prevent a shooting war, eh?

          • (Score: 0) by Anonymous Coward on Tuesday May 16, @06:23PM (2 children)

            by Anonymous Coward on Tuesday May 16, @06:23PM (#1306579)

            You are such a smug douche, but as the other comment said few people around here are unaware of political bs. Yes there is a corrupt 'uniparty' but most users here understand that. Does not change the fact that both parties have genuine believers, though mostly it is the DNC pols who still have a conscience. The whole 'both sides' agenda you push is unhelpful since one side is hell bent on fascist domination. It is ludicrously obvious that the GOP are white supremacist nazis, and the DNC is filled with corporate stooges trying to maintain the capitalust class. That does not mean all politicians are corrupted fully, but your propaganda does not allow for nuance. No one wants your agenda fustybrah

            • (Score: 0) by Anonymous Coward on Tuesday May 16, @07:04PM

              by Anonymous Coward on Tuesday May 16, @07:04PM (#1306595)

              It is ludicrously obvious that the GOP are white supremacist nazis

              And every Black, LatinX, Asian Republican is an Uncle Tom.

              Get better material. Your fascist NAAAAAAZI schizophrenia does not work in the real world.

            • (Score: 0) by Anonymous Coward on Thursday May 18, @05:12AM

              by Anonymous Coward on Thursday May 18, @05:12AM (#1306804)

              The whole 'both sides' agenda you push...

              Whoops! You did it again! There. is. no. both. sides. You are farting into the wind. Wake me when you comprehend what I wrote, though I'm sure your own hysterical biases preclude that

        • (Score: -1, Spam) by Anonymous Coward on Tuesday May 09, @11:12AM

          by Anonymous Coward on Tuesday May 09, @11:12AM (#1305493)

          Especially Callista, and that unnamed house page, that he was prone to bending over; k. Hallow, was that his name? Oh, the things that go down in DC, out of love for money!