Ron Paul: Not Raising Debt Ceiling Won't Put U.S. In Default...

"Arrogant and out of control."

Sums up Big Brother Spot On.
 
God is Paul a moron

No wonder nobody would vote for him
 
I read the same date Paul stated. The 17th. Which is a 30 Billion payment due on the interest on the debt.

He also stated what I've been saying on these boards, that we ran out of money in May.
 
God is Paul a moron

No wonder nobody would vote for him

He is a quirky old fart, but on this he his absolutely correct, the debt gets paid first, the USA will not default on its debts.

the claim that it will is a dem/lib LIE.
When you are $1500 in debt and only have $1000 someone is not going to get paid. That is common sense. On a larger scale that is exactly the situation the US is facing. Only a fool (ie, ron paul) would fail to see this picture.
 
Good God

Can you imagine if Ron Paul were actually in charge of our finances?
 
God is Paul a moron

No wonder nobody would vote for him

Somebody voted for him, fool. He served in the House from 1976 until 2013.

Ronald Ernest "Ron" Paul (born August 20, 1935) is an American physician, author, and former politician who served as the U.S. Representative for Texas' 14th and 22nd congressional districts. He represented the 22nd congressional district from 1976 and 1977 and from 1979 and 1985 and then represented the 14th congressional district, which included Galveston, from 1997 to 2013
.
 
God is Paul a moron

No wonder nobody would vote for him

Somebody voted for him, fool. He served in the House from 1976 until 2013.

Ronald Ernest "Ron" Paul (born August 20, 1935) is an American physician, author, and former politician who served as the U.S. Representative for Texas' 14th and 22nd congressional districts. He represented the 22nd congressional district from 1976 and 1977 and from 1979 and 1985 and then represented the 14th congressional district, which included Galveston, from 1997 to 2013
.

:lol: I don't take Entitlement Moochers too seriously. They're not very credible on serious issues. He or she was just trying to bait me. I won't bite though. Thanks.
 
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God is Paul a moron

No wonder nobody would vote for him

He is a quirky old fart, but on this he his absolutely correct, the debt gets paid first, the USA will not default on its debts.

the claim that it will is a dem/lib LIE.
When you are $1500 in debt and only have $1000 someone is not going to get paid. That is common sense. On a larger scale that is exactly the situation the US is facing. Only a fool (ie, ron paul) would fail to see this picture.

thats not the way it works. look up the authorization and appropriation process. The money has to be available BEFORE the committment is made to spend it.

every govt expenditure has a line of accounting attached to it which identifies that the money is available for the project or expenditure--------it used to be called a zipper sheet because the numbers were so long, might still be, I don't know.
 
RP ... (up to 2008-09) we still produced enough revenue


Not Raising Debt Ceiling Won't Put U.S. In Default...


that is correct, all that is required to pay the Debt is to raise taxes on those not paying their fair share - just about everyone.

the truth be known, there just are not enough willing to do what is right ... and really not that big a deal.

.
 
I hate to say this, but the Nazi's came to power in Germany after a protracted period of economic strife and a final catastrophic blow to the legitimacy of German democratic governance--engineered by the extreme right wing (the National Socialist Party). They allied with financial and military interests to overthrow the fragile democracy that was comprised of centrists, moderates, liberals, and socialists. Communists were a third group that further fractured the nation.

Nazis came to power by proclaiming nationalism, patriotism, hatred of immigrants, opposition to communism, and a desire to resolve international conflicts through military force. They believed there was an international conspiracy (led by Jews) of banks against Germany.

Sound familiar? I believe these Tea Partiers, like Nazis, would be more than happy to destroy American democracy to push their ideology.

These guys are extremely dangerous, and they represent chaos and insanity. They now control the Congress--and, unfortunately, we have a weak-kneed President Obama that has not stood up to them in the past. It looks bad.
 
I hate to say this, but the Nazi's came to power in Germany after a protracted period of economic strife and a final catastrophic blow to the legitimacy of German democratic governance--engineered by the extreme right wing (the National Socialist Party). They allied with financial and military interests to overthrow the fragile democracy that was comprised of centrists, moderates, liberals, and socialists. Communists were a third group that further fractured the nation.

Nazis came to power by proclaiming nationalism, patriotism, hatred of immigrants, opposition to communism, and a desire to resolve international conflicts through military force. They believed there was an international conspiracy (led by Jews) of banks against Germany.

Sound familiar? I believe these Tea Partiers, like Nazis, would be more than happy to destroy American democracy to push their ideology.

These guys are extremely dangerous, and they represent chaos and insanity. They now control the Congress--and, unfortunately, we have a weak-kneed President Obama that has not stood up to them in the past. It looks bad.

He's been getting better at it.

I think he's coming around to the fact they can't see past the color of his skin.

Even with that..he should just take a look at what happened to Clinton.

Clinton tried to charm them too.
 
Well, in a sense he is right, but as usual the gop's talking points on Obamacare stretch credulity to being at best disengenous.

If we don't raise the debt limit, we still have taxes coming in, but we can't borrow any more. So, the first thing we pay is interest on the debt, so technically we aren't in default. Then I suppose we pay the military and soc sec. and medicare. After that it becomes pretty much chaos in that some things get some money and others don't. Which is sort of how the gop house intends to run the govt right now.
 
I hate to say this, but the Nazi's came to power in Germany after a protracted period of economic strife and a final catastrophic blow to the legitimacy of German democratic governance--engineered by the extreme right wing (the National Socialist Party). They allied with financial and military interests to overthrow the fragile democracy that was comprised of centrists, moderates, liberals, and socialists. Communists were a third group that further fractured the nation.

Nazis came to power by proclaiming nationalism, patriotism, hatred of immigrants, opposition to communism, and a desire to resolve international conflicts through military force. They believed there was an international conspiracy (led by Jews) of banks against Germany.

Sound familiar? I believe these Tea Partiers, like Nazis, would be more than happy to destroy American democracy to push their ideology.

These guys are extremely dangerous, and they represent chaos and insanity. They now control the Congress--and, unfortunately, we have a weak-kneed President Obama that has not stood up to them in the past. It looks bad.

He's been getting better at it.

I think he's coming around to the fact they can't see past the color of his skin.

Even with that..he should just take a look at what happened to Clinton.

Clinton tried to charm them too.

OH, here we go again, its all because of race. you are a complete fool swallow (the bird not the activity)
 
Well, in a sense he is right, but as usual the gop's talking points on Obamacare stretch credulity to being at best disengenous.

If we don't raise the debt limit, we still have taxes coming in, but we can't borrow any more. So, the first thing we pay is interest on the debt, so technically we aren't in default. Then I suppose we pay the military and soc sec. and medicare. After that it becomes pretty much chaos in that some things get some money and others don't. Which is sort of how the gop house intends to run the govt right now.

please explain how increasing our national debt is a good thing. in 2006 Senator obama said it was unpatriotic and was stealing from our children.

BTW, new debt is not needed to pay current bills, new debt is needed to pay new bills.
 

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