Should Congress vote to raise the US debt limit?

noahvale

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Re: Should Congress vote to raise the US debt limit?

« Reply #100 on: August 09, 2011, 09:00:04 AM »


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Bill Peckham

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Re: Should Congress vote to raise the US debt limit?

« Reply #101 on: August 09, 2011, 09:30:32 AM »

Quote from: noahvale on August 09, 2011, 09:00:04 AM

Quote from: Bill Peckham on August 08, 2011, 01:32:50 PM
hmmm the FEDs, aka President Ford, specifically did NOT bailout NYNY, see NY Post headline attached. It's when easily verified history such as this is misstated that it calls into question the quality of your sources.

I've refrained from joining in on this conversation because I know your agenda and could see where you wanted to take it. There is no point in debating someone who believes in "From each according to his ability, to each according to his needs." However, this comment of yours I can't let go unchallenged.

Right - clearly advocating for a return to the tax rates of the '90s is exactly like advocating for communism.

So what? Ford regretted his speech, the one he later said lost him the election because it could be construed by a reasonable observer to equate to telling NYNY to drop dead. What's the explanation for Ford's own judgement that NYNY baled itself out? He had to keep his true belief a secrete?

But no matter - NYNY's situation in the '70s is nothing like the United States today. Saying otherwise is confusion manifest.


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Stoday

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Re: Should Congress vote to raise the US debt limit?

« Reply #102 on: August 09, 2011, 05:05:45 PM »

Quote from: Bill Peckham on August 09, 2011, 09:30:32 AM

Right - clearly advocating for a return to the tax rates of the '90s is exactly like advocating for communism.

Ironic, is it not that last year's current account balance was $561bn in the USA compared with $273bn in China. Seems to me that the Götterdämmerung of the US is just over the horizon


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Bill Peckham

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Re: Should Congress vote to raise the US debt limit?

« Reply #103 on: August 09, 2011, 10:10:05 PM »

Quote from: Stoday on August 09, 2011, 05:05:45 PM

Quote from: Bill Peckham on August 09, 2011, 09:30:32 AM

Right - clearly advocating for a return to the tax rates of the '90s is exactly like advocating for communism.

Ironic, is it not that last year's current account balance was $561bn in the USA compared with $273bn in China. Seems to me that the Götterdämmerung of the US is just over the horizon

Really our final act is neigh? Our balance of payments deficit is going to do us in? meh


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Zach

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"Still crazy after all these years."

Re: Should Congress vote to raise the US debt limit?

« Reply #104 on: August 10, 2011, 08:38:41 AM »

Quote from: Bill Peckham on August 09, 2011, 10:10:05 PM

Quote from: Stoday on August 09, 2011, 05:05:45 PM
Quote from: Bill Peckham on August 09, 2011, 09:30:32 AM

Right - clearly advocating for a return to the tax rates of the '90s is exactly like advocating for communism.

Ironic, is it not that last year's current account balance was $561bn in the USA compared with $273bn in China. Seems to me that the Götterdämmerung of the US is just over the horizon

Really our final act is neigh? Our balance of payments deficit is going to do us in? meh

Time to start listening to "Brunhilde's immolation scene."
http://www.youtube.com/watch?v=0xm7wYRS1WA&feature=related


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