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Thread: Bernake; Get Rid Of The Debt Ceiling

  1. #1
    Senior Member Franco's Avatar
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    Default Bernake; Get Rid Of The Debt Ceiling

    Financial terrorist Bin Bernake says, "we don't need no stinkin' Debt Ceiling"!

    http://money.cnn.com/2013/01/14/news...-debt-ceiling/

    Rand Paul calls for another audit of the Fed Reserve.
    “Hitler did not have to destroy democracy; he merely took advantage of the decay of democracy and at the critical moment obtained the support of many to whom, though they detested Hitler, he yet seemed the only man strong enough to get things done.” F. A. Hayek from his book, "The Road To Serfdom".




  2. #2
    Senior Member Buzz's Avatar
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    Quote Originally Posted by Franco View Post
    Financial terrorist Bin Bernake says, "we don't need no stinkin' Debt Ceiling"!

    http://money.cnn.com/2013/01/14/news...-debt-ceiling/

    Rand Paul calls for another audit of the Fed Reserve.


    The debt ceiling is dumb. Congress passes spending bills, then tells the executive branch not to pay those bills that come due?

    Sounds like a heck of a way to run a railroad...
    "For everyone to whom much is given, of him shall much be required." -- Luke 12:48

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  3. #3
    Senior Member Franco's Avatar
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    Quote Originally Posted by Buzz View Post
    The debt ceiling is dumb. Congress passes spending bills, then tells the executive branch not to pay those bills that come due?

    Sounds like a heck of a way to run a railroad...
    How about we get a balanced budget and then we don't have to raise the ceiling every year?

    They keep saying they need to pay the bills for items that have already been spent. What they need to do is run the country within a balanced budget.

    The fact that the Debt ceiling was raised 7-8 times under Bush and now 4-5 times under Obama tells me that neither Party is interested in balancing the budget or taking on the Deficit!

    Last year's Super Committee was an absolute joke.
    “Hitler did not have to destroy democracy; he merely took advantage of the decay of democracy and at the critical moment obtained the support of many to whom, though they detested Hitler, he yet seemed the only man strong enough to get things done.” F. A. Hayek from his book, "The Road To Serfdom".




  4. #4
    Senior Member road kill's Avatar
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    Quote Originally Posted by Buzz View Post
    The debt ceiling is dumb. Congress passes spending bills, then tells the executive branch not to pay those bills that come due?

    Sounds like a heck of a way to run a railroad...
    Buzz, is the any point where you draw the line?
    Or is the debt ceiling infinite to you?
    Stan b & Elvis

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