Holy Mary, Mother of God - Boehner loses his ever-loving mind

[BDBoop]

You do realize that a debt limit is a spending limit, not a revenue limit, correct? It says that you can incur no new debt beyond this limit. It does not say you can't pay your already incurred debt with the continuing revenue you receive. It's shocking how many people don't understand simple budgeting. A debt limit in no way means we would default on our debts. It means we can't make more debt than we already have.

Could you put this up in crayon for them?





Watching Liberals argue financing is like watching retards box.

Synthaholic has never been the sharpest crayon in the box.

And as I told Sniper when she trotted out that lame old chestnut; your crayon is broken into three pieces, and none of them have anything to say that bears repeating.

It's just deja vu all over again around here today.

 

[BDBoop]

The well being of the nation means diddly gotcha

Bullshit.

I am crushed by these well thought-out, incisive responses. My entire position has been shredded. I don't know if I'll be able to go on with my day.

^5

You rock.

I'd pos rep you but as already stated, I'm in time out.

 

[kwc57]

Wrong, dope.

A debt limit is . . . wait for it . . . a debt limit!

It is well established that you are a fucking moron, so I don't really expect you to understand. I'll just refer you back to my post to reread it until it soaks in.

You are wrong, dope.

If the interest on the debt you owe keeps adding to the debt you owe, you need to raise the limit, so you can pay the debt you owe.

Even a wingnut retard like you should be able to understand that!

You are unfuckingbelievably stoopid. You pay the interest with the revenue you collect, you just don't incur any further debt. That is what the debt limit is. It is the limit on how much you are allowed to borrow......you know, debt. If you go to a credit counselor, the first thing they do is cut up your credit cards. The second thing they do is prioritize the obligations you owe. The third thing they do is create a budget based on your revenue and obligations and tell you to quit buting shit and pay off what you have. Lesson over. Dismissed. Idiot.

 

[Oldstyle]

How is that fiscally responsible? The debts are owed. It is not fiscally responsible to refuse to honor the debts.

And since the debt ceiling was raised o so very many times on Bush's watch - why was he not refused.

The debts are owed? So that means we should just keep piling more debt on top of what we already owe? At some point we have to address the deficit, Boop. I know that you progressives think that tomorrow is always going to be someone else's problem but we're rapidly approaching the point where our debt is going to cause the whole house of cards to collapse. All the Speaker of the House is saying is that it's time to start addressing the problem...something that any rational person would agree on.

 

[BDBoop]

For the gamers in the house.

 

[BDBoop]

How is that fiscally responsible? The debts are owed. It is not fiscally responsible to refuse to honor the debts.

And since the debt ceiling was raised o so very many times on Bush's watch - why was he not refused.

The debts are owed? So that means we should just keep piling more debt on top of what we already owe? At some point we have to address the deficit, Boop. I know that you progressives think that tomorrow is always going to be someone else's problem but we're rapidly approaching the point where our debt is going to cause the whole house of cards to collapse. All the Speaker of the House is saying is that it's time to start addressing the problem...something that any rational person would agree on.

Of course we do. And as long as you think it's all about cuts and reducing taxes, and I think it's about cuts and raising taxes - we won't be able to talk any more than Congress can.

 

[WillowTree]

what is the purpose of a debt ceiling? why have it if you are always planning on exceeding it?

 

[M14 Shooter]

Another one!
Whooopeee!!!!!

You apparently do not realize that failing to raise the debt limit only means we cannot borrow more money, and that not being able to borrow more money in no way means we cannot pay our debts.

Don't worry - you are among many who share this particular ignorance.

Apparently, Standard & Poors didn't realize that, either. Things that make ya go "hmm."

Why do you choose to remian ignorant?

 

[BDBoop]

Under Reagan the debt ceiling was raised to:

1. $985 billion in February 1981;
2. $999.8 billion in September 1981;
3. $1.0798 trillion September 1981;
4. $1.1431 trillion in June 1982;
5. $1.2902 trillion in September 1982;
6. $1.389 trillion in May 1993;
7. $1.49 trillion in November 1983;
8. $1.52 trillion in May 1984;
9. $1.573 trillion in July 1984;
10. $1.8238 trillion in October 1984;
11. $1.9038 trillion in November 1985;
12. $2.0787 trillion in December 1985;
13. $2.111 trillion in August 1986;
14. $2.3 trillion in October 1986;
15. $2.32 trillion in July 1987;
16. $2.352 trillion in August 1987;
17. and $2.8 trillion in September 1987.

Debt Ceiling - Under Modern U.S. Presidents

what is the purpose of a debt ceiling? why have it if you are always planning on exceeding it?

Gee, I wish someone had asked that during Reagan's reign.

 

[BDBoop]

You apparently do not realize that failing to raise the debt limit only means we cannot borrow more money, and that not being able to borrow more money in no way means we cannot pay our debts.

Don't worry - you are among many who share this particular ignorance.

Apparently, Standard & Poors didn't realize that, either. Things that make ya go "hmm."

Why do you choose to remian ignorant?

Why do you remain willfully ignorant. Why did we get downgraded. What was the specific quote. Oh, here. Let me supply that for you.

http://finance.yahoo.com/news/SP-officials-defend-US-credit-apf-685948715.html

WASHINGTON (AP) -- Standard & Poor's says it downgraded the U.S. government's credit rating because it believes the U.S. will keep having problems getting its finances under control.S&P officials on Saturday defended their decision to drop the government's rating to AA+ from the top rating, AAA. The Obama administration called the move a hasty decision based on wrong calculations about the federal budget. It had tried to head off the downgrade before it was announced late Friday.But S&P said it was the months of haggling in Congress over budget cuts that led it to downgrade the U.S. rating. The ratings agency was dissatisfied with the deal lawmakers reached last weekend. And it isn't confident that the government will do much better in the future, even as the U.S. budget deficit grows.David Beers, global head of sovereign ratings at S&P, said the agency was concerned about the "degree of uncertainty around the political policy process. The nature of the debate and the difficulty in framing a political consensus ... that was the key consideration."S&P was looking for $4 trillion in budget cuts over 10 years. The deal that passed Congress on Tuesday would bring $2.1 trillion to $2.4 trillion in cuts over that time.Another concern was that lawmakers and the administration might fail to make those cuts because Democrats and Republicans are divided over how to implement them.

 

[WillowTree]

Apparently, Standard & Poors didn't realize that, either. Things that make ya go "hmm."

Why do you choose to remian ignorant?

Why do you remain willfully ignorant. Why did we get downgraded. What was the specific quote. Oh, here. Let me supply that for you.

S&P officials defend US credit downgrade - Yahoo! Finance

WASHINGTON (AP) -- Standard & Poor's says it downgraded the U.S. government's credit rating because it believes the U.S. will keep having problems getting its finances under control.S&P officials on Saturday defended their decision to drop the government's rating to AA+ from the top rating, AAA. The Obama administration called the move a hasty decision based on wrong calculations about the federal budget. It had tried to head off the downgrade before it was announced late Friday.But S&P said it was the months of haggling in Congress over budget cuts that led it to downgrade the U.S. rating. The ratings agency was dissatisfied with the deal lawmakers reached last weekend. And it isn't confident that the government will do much better in the future, even as the U.S. budget deficit grows.David Beers, global head of sovereign ratings at S&P, said the agency was concerned about the "degree of uncertainty around the political policy process. The nature of the debate and the difficulty in framing a political consensus ... that was the key consideration."S&P was looking for $4 trillion in budget cuts over 10 years. The deal that passed Congress on Tuesday would bring $2.1 trillion to $2.4 trillion in cuts over that time.Another concern was that lawmakers and the administration might fail to make those cuts because Democrats and Republicans are divided over how to implement them.

hey moron,, why have a debt ceiling at all if all we intend to do is raise the mother fucker?

 

[WillowTree]

Under Reagan the debt ceiling was raised to:

1. $985 billion in February 1981;
2. $999.8 billion in September 1981;
3. $1.0798 trillion September 1981;
4. $1.1431 trillion in June 1982;
5. $1.2902 trillion in September 1982;
6. $1.389 trillion in May 1993;
7. $1.49 trillion in November 1983;
8. $1.52 trillion in May 1984;
9. $1.573 trillion in July 1984;
10. $1.8238 trillion in October 1984;
11. $1.9038 trillion in November 1985;
12. $2.0787 trillion in December 1985;
13. $2.111 trillion in August 1986;
14. $2.3 trillion in October 1986;
15. $2.32 trillion in July 1987;
16. $2.352 trillion in August 1987;
17. and $2.8 trillion in September 1987.

Debt Ceiling - Under Modern U.S. Presidents

what is the purpose of a debt ceiling? why have it if you are always planning on exceeding it?

Gee, I wish someone had asked that during Reagan's reign.

we're asking NOW moron..

 

[BDBoop]

Under Reagan the debt ceiling was raised to:

1. $985 billion in February 1981;
2. $999.8 billion in September 1981;
3. $1.0798 trillion September 1981;
4. $1.1431 trillion in June 1982;
5. $1.2902 trillion in September 1982;
6. $1.389 trillion in May 1993;
7. $1.49 trillion in November 1983;
8. $1.52 trillion in May 1984;
9. $1.573 trillion in July 1984;
10. $1.8238 trillion in October 1984;
11. $1.9038 trillion in November 1985;
12. $2.0787 trillion in December 1985;
13. $2.111 trillion in August 1986;
14. $2.3 trillion in October 1986;
15. $2.32 trillion in July 1987;
16. $2.352 trillion in August 1987;
17. and $2.8 trillion in September 1987.

Debt Ceiling - Under Modern U.S. Presidents

what is the purpose of a debt ceiling? why have it if you are always planning on exceeding it?

Gee, I wish someone had asked that during Reagan's reign.

Hey, ewe; asked and answered.

 

[BDBoop]

Under Reagan the debt ceiling was raised to:

1. $985 billion in February 1981;
2. $999.8 billion in September 1981;
3. $1.0798 trillion September 1981;
4. $1.1431 trillion in June 1982;
5. $1.2902 trillion in September 1982;
6. $1.389 trillion in May 1993;
7. $1.49 trillion in November 1983;
8. $1.52 trillion in May 1984;
9. $1.573 trillion in July 1984;
10. $1.8238 trillion in October 1984;
11. $1.9038 trillion in November 1985;
12. $2.0787 trillion in December 1985;
13. $2.111 trillion in August 1986;
14. $2.3 trillion in October 1986;
15. $2.32 trillion in July 1987;
16. $2.352 trillion in August 1987;
17. and $2.8 trillion in September 1987.

Debt Ceiling - Under Modern U.S. Presidents

what is the purpose of a debt ceiling? why have it if you are always planning on exceeding it?

Gee, I wish someone had asked that during Reagan's reign.

we're asking NOW moron..

When you didn't ask the seven times Bush raised it? You lost your right to ask.

 

[Oldstyle]

Apparently, Standard & Poors didn't realize that, either. Things that make ya go "hmm."

Why do you choose to remian ignorant?

Why do you remain willfully ignorant. Why did we get downgraded. What was the specific quote. Oh, here. Let me supply that for you.

S&P officials defend US credit downgrade - Yahoo! Finance

WASHINGTON (AP) -- Standard & Poor's says it downgraded the U.S. government's credit rating because it believes the U.S. will keep having problems getting its finances under control.S&P officials on Saturday defended their decision to drop the government's rating to AA+ from the top rating, AAA. The Obama administration called the move a hasty decision based on wrong calculations about the federal budget. It had tried to head off the downgrade before it was announced late Friday.But S&P said it was the months of haggling in Congress over budget cuts that led it to downgrade the U.S. rating. The ratings agency was dissatisfied with the deal lawmakers reached last weekend. And it isn't confident that the government will do much better in the future, even as the U.S. budget deficit grows.David Beers, global head of sovereign ratings at S&P, said the agency was concerned about the "degree of uncertainty around the political policy process. The nature of the debate and the difficulty in framing a political consensus ... that was the key consideration."S&P was looking for $4 trillion in budget cuts over 10 years. The deal that passed Congress on Tuesday would bring $2.1 trillion to $2.4 trillion in cuts over that time.Another concern was that lawmakers and the administration might fail to make those cuts because Democrats and Republicans are divided over how to implement them.

I'm curious, Boop...when you read that...do you simply not GET the part where S&P says that they were "looking for 4 trillion in budget cuts" but instead got about half of that? All Boehner is saying is that THIS time around if the Democrats want to raise the debt ceiling they are going to have to make cuts in the budget somewhere. Failure to do so will most likely result in the second credit downgrade in our country's history...quite an accomplishment for one Administration.

 

[WillowTree]

Under Reagan the debt ceiling was raised to:

1. $985 billion in February 1981;
2. $999.8 billion in September 1981;
3. $1.0798 trillion September 1981;
4. $1.1431 trillion in June 1982;
5. $1.2902 trillion in September 1982;
6. $1.389 trillion in May 1993;
7. $1.49 trillion in November 1983;
8. $1.52 trillion in May 1984;
9. $1.573 trillion in July 1984;
10. $1.8238 trillion in October 1984;
11. $1.9038 trillion in November 1985;
12. $2.0787 trillion in December 1985;
13. $2.111 trillion in August 1986;
14. $2.3 trillion in October 1986;
15. $2.32 trillion in July 1987;
16. $2.352 trillion in August 1987;
17. and $2.8 trillion in September 1987.

Debt Ceiling - Under Modern U.S. Presidents

what is the purpose of a debt ceiling? why have it if you are always planning on exceeding it?

Gee, I wish someone had asked that during Reagan's reign.

Hey, ewe; asked and answered.

no you didn't answer it.. do you favor doing away with the debt ceiling altogether?

 

[WillowTree]

Gee, I wish someone had asked that during Reagan's reign.

we're asking NOW moron..

When you didn't ask the seven times Bush raised it? You lost your right to ask.

sorry clitface.. but you don't get to take my rights away.

 

[Oldstyle]

How is that fiscally responsible? The debts are owed. It is not fiscally responsible to refuse to honor the debts.

And since the debt ceiling was raised o so very many times on Bush's watch - why was he not refused.

The debts are owed? So that means we should just keep piling more debt on top of what we already owe? At some point we have to address the deficit, Boop. I know that you progressives think that tomorrow is always going to be someone else's problem but we're rapidly approaching the point where our debt is going to cause the whole house of cards to collapse. All the Speaker of the House is saying is that it's time to start addressing the problem...something that any rational person would agree on.

Of course we do. And as long as you think it's all about cuts and reducing taxes, and I think it's about cuts and raising taxes - we won't be able to talk any more than Congress can.

Gee, Boop...even a progressive economist like Christina Romer understood that you don't raise taxes in a weak economy. So let's not raise taxes or cut them...let's simply cut spending. My question for you is when is this Administration going to do THAT?

 

[WillowTree]

How come BDBOOPaDUPE was too chickenshit to answer this poll?


http://www.usmessageboard.com/politics/223723-which-is-better.html

 

[WillowTree]

I'm all for raising taxes as long as it includes every single solitary person who resides withing the borders of the US of America..no exceptions, no excuses, no exemptions.