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Are you out of your mind? You just cited Wikipedia...and paraphrased it in your post. You have not blown me away.
In fact, I am pretty sure you did not read the link I cited for you. How could you know if it left wing interpretation.
"Or what is dubbed as "revisionist history"?" Man are you a word clown!
What do you know about Friedman? What country, besides this one, did he help fuck over? Do you have a clue? You have 10 seconds to answer.
Go!
Your link is left wing revisionist history. I will not dare pollute my mind with that nonsense. Milton Friedman is a Misesian economist. He is responsible for singlehandedly changing governmental views on economics across the world. His protege was none other than Thomas Sowell, who himself singlehandedly countered and destroyed the Cloward-Piven strategy.
Please.
Pollute your mind? What is wrong with you? Are you afraid to read something?
More Wiki?
I asked you a question.
Anyone that wants default, wants higher interest payments on their credit cards, higher mortgage rates on their house payments, higher interest rates on their car payments, higher utility bills, and double the price of everything they buy, like food, gas and all your Christmas gifts. Plus, you'll probably lose your job.
Only complete morons are for default.
Raise the debt ceiling before oct 17th..........period......
ALL ELSE DOES NOT MATTER....
IF OUR CREDIT RATING GETS LOWERED OR WE DEFAULT,
THEN YOU HAVE RUINED YOUR LIFE, YOUR CHILDREN'S LIVES, YOUR GRAND CHILDREN'S LIVES AND THE LIVES OF YOUR GRAND CHILDREN'S GREAT GRAND CHILDREN....
we will be paying over a trillion to 2 trillion a year on the same debt we are paying $400 billion in interest a year now....our tax rates will skyrocket for the next 200 years just to pay for the interest on the debt being so high with a default....ALL of those taxes we pay will go to NOTHING in the USA or for citizens, all will go to paying just the interest on the debt, no military no NOTHING....
You are so ignorant, all of you will bring our first world nation to a third world country and increase our debt beyond anywhere that it could have gotten with the rate of spending now, through the rise in the USA's interest rate on the money we've borrowed.
The ENTIRE WORLD relies on the full faith and credit of the USA....
who would have thunk the Great Tribulation would have been brought on by a handful of ignorant and yes stupid so called conservatives.....even I can see now that you are a disgrace to humankind for not using your God given brains.
you piss me off because of your WILLFUL IGNORANCE.
This is NOT a game you are playing with, this is our LIVES and our NATION you are dicking with!
Your link is left wing revisionist history. I will not dare pollute my mind with that nonsense. Milton Friedman is a Misesian economist. He is responsible for singlehandedly changing governmental views on economics across the world. His protege was none other than Thomas Sowell, who himself singlehandedly countered and destroyed the Cloward-Piven strategy.
Please.
Pollute your mind? What is wrong with you? Are you afraid to read something?
More Wiki?
I asked you a question.
I answered it. Scared to admit defeat? It's pathetic, you cite one link, extol it, and then do nothing to back it up. You don't even quote it. I didn't cite wiki there, dumbass. That little blurb is all from memory.
Given our enormous spending problem and our looming debt ceiling crisis, I was wondering, what should happen? Should we raise the debt ceiling and discuss spending cuts, or should we cut spending first before we raise the debt ceiling?
Take a chainsaw to the budget. Slash EVERYTHING.
That would really work out well eh? How much you want to cut? How many jobs you want to eliminate? Be specific (or are you a t bagger? Not much on specifics but big on cuts.)
Hey Temple. IF you would get a job, receipts to the Treasury would go up. A little. But every little bit of money helps.
But seeing as how you have time on your hands to contemplate these serious matters, please explain what YOU think will be the benefit of defaulting on our debt and cutting our spending dramatically.
Raise the debt ceiling before oct 17th..........period......
ALL ELSE DOES NOT MATTER....
IF OUR CREDIT RATING GETS LOWERED OR WE DEFAULT,
THEN YOU HAVE RUINED YOUR LIFE, YOUR CHILDREN'S LIVES, YOUR GRAND CHILDREN'S LIVES AND THE LIVES OF YOUR GRAND CHILDREN'S GREAT GRAND CHILDREN....
we will be paying over a trillion to 2 trillion a year on the same debt we are paying $400 billion in interest a year now....our tax rates will skyrocket for the next 200 years just to pay for the interest on the debt being so high with a default....ALL of those taxes we pay will go to NOTHING in the USA or for citizens, all will go to paying just the interest on the debt, no military no NOTHING....
You are so ignorant, all of you will bring our first world nation to a third world country and increase our debt beyond anywhere that it could have gotten with the rate of spending now, through the rise in the USA's interest rate on the money we've borrowed.
The ENTIRE WORLD relies on the full faith and credit of the USA....
who would have thunk the Great Tribulation would have been brought on by a handful of ignorant and yes stupid so called conservatives.....even I can see now that you are a disgrace to humankind for not using your God given brains.
you piss me off because of your WILLFUL IGNORANCE.
This is NOT a game you are playing with, this is our LIVES and our NATION you are dicking with!
Anyone that wants default, wants higher interest payments on their credit cards, higher mortgage rates on their house payments, higher interest rates on their car payments, higher utility bills, and double the price of everything they buy, like food, gas and all your Christmas gifts. Plus, you'll probably lose your job.
Only complete morons are for default.
We already got higher rates on our credit cards when in 2009 Obama had one of his first blunders.
2009 Credit Card Act
All the stupid rules to help the poor dumbtards who were not paying on time, our could not understand their bill, caused those of us paying on time more money.
Fricking libs just don't get that the cost of these changes was passed on to the consumer. My rates INCREASED to cover the lack of money the credit card companies lost as a result of the reform
Once again, wealth re- distribution
-Geaux
Credit CARD Act: One Year Later, How's It Going? - DailyFinance
New Fees, Higher Rates
So, now how is credit card landscape shaping up? "New fees have emerged as a way to make up revenue, including foreign transaction fees, inactivity fees and minimum finance charges," says Ken Lin, CEO of Credit Karma, which offers free credit scores. Alliance Data Systems, which issues private-label cards for retailers, had recently started charging customers $1 per month to receive statements by mail but has since suspended the fee.
Interest rates have risen, from an average of just above 13% to 14.7% now, says Dworkin.
Ah, the lament of the greedy. Wah! What a great excuse to double the price of everything. Like a child that breaks all his toys, because he's mad at mommy. Wah!Once again, wealth re- distribution
Given our enormous spending problem and our looming debt ceiling crisis, I was wondering, what should happen? Should we raise the debt ceiling and discuss spending cuts, or should we cut spending first before we raise the debt ceiling?
Since your statement above acknowledges that a debt ceiling CRISIS is looming, you've pretty much answered your own question,
unless of course you want a debt ceiling CRISIS to occur, with all that implies.
Pollute your mind? What is wrong with you? Are you afraid to read something?
More Wiki?
I asked you a question.
I answered it. Scared to admit defeat? It's pathetic, you cite one link, extol it, and then do nothing to back it up. You don't even quote it. I didn't cite wiki there, dumbass. That little blurb is all from memory.
What is from memory? This?
"Milton Friedman is a Misesian economist. He is responsible for singlehandedly changing governmental views on economics across the world. His protege was none other than Thomas Sowell, who himself singlehandedly countered and destroyed the Cloward-Piven strategy."
Now THAT is impressive.
By the way...your list above does not include the nation that Friedman famously helped fucked over. A Friedman scholar would know this. How can you not know it?
Since 2/3rds of our budget is mandatory spending, and since 1/3rd of our spending is borrowed and thus adding to the debt,
in order to stay at the current debt ceiling we would effectively have to eliminate all discretionary spending,
unless we repeal or revise the laws that mandate the mandatory spending.
I would argue (as my personal opinion) that Congress and the President are legally obligated to raise the debt ceiling because they are obligated by law to fund all mandatory spending.
Given our enormous spending problem and our looming debt ceiling crisis, I was wondering, what should happen? Should we raise the debt ceiling and discuss spending cuts, or should we cut spending first before we raise the debt ceiling?
Since your statement above acknowledges that a debt ceiling CRISIS is looming, you've pretty much answered your own question,
unless of course you want a debt ceiling CRISIS to occur, with all that implies.
You read too much into my statements, Carbine. Yours is a false dilemma argument which implies I wish for there to be a crisis. By repeatedly raising the debt ceiling, you are merely avoiding a crisis, not negating it. That within itself will create a crisis altogether on its own.
Since 2/3rds of our budget is mandatory spending, and since 1/3rd of our spending is borrowed and thus adding to the debt,
in order to stay at the current debt ceiling we would effectively have to eliminate all discretionary spending,
unless we repeal or revise the laws that mandate the mandatory spending.
I would argue (as my personal opinion) that Congress and the President are legally obligated to raise the debt ceiling because they are obligated by law to fund all mandatory spending.
Take a chainsaw to the budget. Slash EVERYTHING.
That would really work out well eh? How much you want to cut? How many jobs you want to eliminate? Be specific (or are you a t bagger? Not much on specifics but big on cuts.)
Hey Temple. IF you would get a job, receipts to the Treasury would go up. A little. But every little bit of money helps.
But seeing as how you have time on your hands to contemplate these serious matters, please explain what YOU think will be the benefit of defaulting on our debt and cutting our spending dramatically.
Cut all non-military programs 30%, cut all military budgets 50%. Close all overseas military bases. The money SIMPLY IS NOT THERE!
Since your statement above acknowledges that a debt ceiling CRISIS is looming, you've pretty much answered your own question,
unless of course you want a debt ceiling CRISIS to occur, with all that implies.
You read too much into my statements, Carbine. Yours is a false dilemma argument which implies I wish for there to be a crisis. By repeatedly raising the debt ceiling, you are merely avoiding a crisis, not negating it. That within itself will create a crisis altogether on its own.
You're the one who called it a crisis. If you are willing to make raising or not raising the debt ceiling a negotiable item, then you are saying you are willing to see the debt ceiling NOT be raised if negotiations don't go in the way you want them.
That may not mean you wish for a debt ceiling crisis, but it does mean you've put it on the table as a possible outcome you're willing to accept.
I, in contrast, don't believe it should be on the table at all. Period.
I answered it. Scared to admit defeat? It's pathetic, you cite one link, extol it, and then do nothing to back it up. You don't even quote it. I didn't cite wiki there, dumbass. That little blurb is all from memory.
What is from memory? This?
"Milton Friedman is a Misesian economist. He is responsible for singlehandedly changing governmental views on economics across the world. His protege was none other than Thomas Sowell, who himself singlehandedly countered and destroyed the Cloward-Piven strategy."
Now THAT is impressive.
By the way...your list above does not include the nation that Friedman famously helped fucked over. A Friedman scholar would know this. How can you not know it?
You keep insisting he "fucked over" someone. Name them. Or dispense with your self aggrandizement.
Since 2/3rds of our budget is mandatory spending, and since 1/3rd of our spending is borrowed and thus adding to the debt,
in order to stay at the current debt ceiling we would effectively have to eliminate all discretionary spending,
unless we repeal or revise the laws that mandate the mandatory spending.
I would argue (as my personal opinion) that Congress and the President are legally obligated to raise the debt ceiling because they are obligated by law to fund all mandatory spending.
Mandatory spending? Such as? Define what is "mandatory" in your mind, Carbine?
