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Category: Misc
Date: 01/22/13 03:17 PM

11 Responses to The Debt Limit Explained

  1. Profile photo of kitteh9lives
    kitteh9lives Female 70 & Over
    8044 posts
    January 22, 2013 at 2:52 pm
    Link: The Debt Limit Explained - A financial weapon of mass destruction.
  2. Profile photo of 5Cats
    5Cats Male 50-59
    33085 posts
    January 22, 2013 at 5:26 pm
    Yeah, that about sums it up: It`s stupid.

    Of course the PotUS could VETO and deficit-laden Budget...

    Or the USA could actually PASS a Budget! They haven`t since... 2009?
  3. Profile photo of Cajun247
    Cajun247 Male 18-29
    10742 posts
    January 22, 2013 at 5:35 pm
    Michael Tanner says yes and no
  4. Profile photo of intrigid
    intrigid Male 18-29
    914 posts
    January 22, 2013 at 6:03 pm
    Paying your Visa bill by putting it on your Mastercard is not "paying your bills". When will Americans understand this?
  5. Profile photo of Andrew155
    Andrew155 Male 18-29
    2579 posts
    January 22, 2013 at 6:48 pm
    The video didn`t actually cover all of the bases on this topic, actually very few.
  6. Profile photo of CrakrJak
    CrakrJak Male 40-49
    17514 posts
    January 22, 2013 at 6:57 pm
    The problem we are having is not really about the debt limit, but about the budget. We haven`t had a budget in the last 4 years, we`ve had stop-gap partial spending bills.

    The House of Representatives has passed budgets, but Harry Reid, Senate Majority Leader, hasn`t even let them come up for debate let alone a vote. Reid has been playing Pres. Obama`s linebacker for the last 4 years, blocking these budgets so that Obama wouldn`t look bad for vetoing them.

    This collusion between Reid and Obama is a stealth veto, and because of that collusion we keep running into this debt limit ceiling.
  7. Profile photo of cyborg
    cyborg Male 13-17
    2790 posts
    January 22, 2013 at 8:22 pm
    Congress sounds like a real dick.
  8. Profile photo of AvatarJohn
    AvatarJohn Male 30-39
    1059 posts
    January 22, 2013 at 8:40 pm
    What a crock of poo. They could pay for the imaginary road (states pay for roads, not the Federal Govt.) by not paying the 150th week of unemployment to deadbeat losers or not paying for studies of the mating habits of dung beetles or not paying for midnight blurnsball for crackhead gang bangers.

    It`s not Congress blaming the President, it`s the responsible half of Congress (the House) blaming the irresponsible half (the Senate) for breaking the law by not passing a budget for 4 years. Explain why Harry Reid`s not in jail for that!
  9. Profile photo of McGovern1981
    McGovern1981 Male 30-39
    14268 posts
    January 23, 2013 at 7:41 am
    If you or I spent like that we`d be homeless.
  10. Profile photo of dbss
    dbss Male 30-39
    32 posts
    January 23, 2013 at 8:11 am
    This video doesn`t take into account that there is no budget. If congress passes one, the president could veto it, which means all three branches have to approve the budget. This video is bologna. Although politics sucks a fat egg.
  11. Profile photo of mcboozerilla
    mcboozerilla Male 30-39
    646 posts
    January 25, 2013 at 6:51 am
    Anyone paying attention to this at all? Did anyone understand this? Testing, testing, one two three. Is this thing on?

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