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Faygo Kid (1000+ posts) Send PM | Profile | Ignore | Sat Jul-30-11 08:04 PM Original message |
I've had it. Invoke the 14th. Enough games. The U.S. CANNOT default. |
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RagAss (1000+ posts) Send PM | Profile | Ignore | Sat Jul-30-11 08:06 PM Response to Original message |
1. Catch 22 for America...he invokes the 14th we go through an impeachment nightmare again. |
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cascadiance (1000+ posts) Send PM | Profile | Ignore | Sat Jul-30-11 08:08 PM Response to Reply #1 |
4. If he doesn't follow the 14th amendment to resolve the crisis he might ALSO be impeached! |
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Faygo Kid (1000+ posts) Send PM | Profile | Ignore | Sat Jul-30-11 08:13 PM Response to Reply #1 |
7. They don't have the votes, and this isn't about blowjobs. It's about saving the nation's economy. |
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Maru Kitteh (1000+ posts) Send PM | Profile | Ignore | Sat Jul-30-11 08:26 PM Response to Reply #7 |
13. I couldn't possibly agree with you more. |
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Faygo Kid (1000+ posts) Send PM | Profile | Ignore | Sat Jul-30-11 08:39 PM Response to Reply #13 |
15. Thank you for that. I send this; it pretty much sums up my energy to Fight Back right now. |
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kenny blankenship (1000+ posts) Send PM | Profile | Ignore | Sat Jul-30-11 08:24 PM Response to Reply #1 |
12. Not even Republican Senators will stand for that nonsense. |
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RKP5637 (1000+ posts) Send PM | Profile | Ignore | Sat Jul-30-11 08:07 PM Response to Original message |
2. FDR IMO would have handled everything entirely different having started in 2008. n/t |
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kywildcat (529 posts) Send PM | Profile | Ignore | Sat Jul-30-11 08:07 PM Response to Original message |
3. and unleash the justice department |
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trayfoot (1000+ posts) Send PM | Profile | Ignore | Sat Jul-30-11 08:16 PM Response to Reply #3 |
9. Do it fast while we're still at war!!!!! |
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philly_bob (1000+ posts) Send PM | Profile | Ignore | Sun Jul-31-11 12:00 AM Response to Reply #3 |
30. +1 |
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arcane1 (1000+ posts) Send PM | Profile | Ignore | Sat Jul-30-11 08:08 PM Response to Original message |
5. And oddly enough, the teabaggers claim to worship the Constitution |
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Waiting For Everyman (1000+ posts) Send PM | Profile | Ignore | Sat Jul-30-11 08:12 PM Response to Reply #5 |
6. Except that they want to rewrite it first. |
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kywildcat (529 posts) Send PM | Profile | Ignore | Sat Jul-30-11 08:13 PM Response to Reply #5 |
8. nothing to figure- |
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NashVegas (1000+ posts) Send PM | Profile | Ignore | Sat Jul-30-11 08:17 PM Response to Original message |
10. Yeah, Actually We Can |
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Faygo Kid (1000+ posts) Send PM | Profile | Ignore | Sat Jul-30-11 08:18 PM Response to Reply #10 |
11. Bullshit. It will come out of the hide of the poor, the young and the old. |
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patrice (1000+ posts) Send PM | Profile | Ignore | Sat Jul-30-11 08:32 PM Response to Original message |
14. Re CANNOT > Wouldn't they pretty much have to set aside the entire body of business CONTRACT law in |
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leveymg (1000+ posts) Send PM | Profile | Ignore | Sat Jul-30-11 08:47 PM Response to Original message |
16. There will be no default because the Fed will cover the revenue gap, at least temporarily under its |
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Faygo Kid (1000+ posts) Send PM | Profile | Ignore | Sat Jul-30-11 08:55 PM Response to Reply #16 |
17. What do you mean? That this acceptable? That the U.S. defaults for first time in history, and OK? |
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leveymg (1000+ posts) Send PM | Profile | Ignore | Sat Jul-30-11 09:10 PM Response to Reply #17 |
19. Not acceptable. But we shouldn't be stampeded into accepting a Raw Deal Senate "Compromise" |
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muriel_volestrangler (1000+ posts) Send PM | Profile | Ignore | Sat Jul-30-11 09:11 PM Response to Reply #17 |
20. That's not how I read what he's saying at all |
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leveymg (1000+ posts) Send PM | Profile | Ignore | Sat Jul-30-11 09:16 PM Response to Reply #20 |
21. That's a good point. But, the checks are an accounting device - the Fed could do an interbank |
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muriel_volestrangler (1000+ posts) Send PM | Profile | Ignore | Sat Jul-30-11 09:28 PM Response to Reply #21 |
22. But the money has to be directed to the recipients - government employees getting their salaries etc |
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leveymg (1000+ posts) Send PM | Profile | Ignore | Sat Jul-30-11 09:33 PM Response to Reply #22 |
23. The Federal Gov't will simply issue a list of SS numbers to the banks of persons and businesses |
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muriel_volestrangler (1000+ posts) Send PM | Profile | Ignore | Sat Jul-30-11 09:40 PM Response to Reply #23 |
24. It's not whether it's physical paper that's the problem |
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leveymg (1000+ posts) Send PM | Profile | Ignore | Sat Jul-30-11 09:48 PM Response to Reply #24 |
25. The banks borrow hundreds of billions from the Fed every week. How is this different? |
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muriel_volestrangler (1000+ posts) Send PM | Profile | Ignore | Sun Jul-31-11 04:39 AM Response to Reply #25 |
31. Because the banks then get to use that money as they wish, rather than having to pay people |
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FBaggins (1000+ posts) Send PM | Profile | Ignore | Sat Jul-30-11 09:07 PM Response to Original message |
18. The 14th says that we can't default... It doesn't say that Congress can't limit additional borrowing |
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elocs (1000+ posts) Send PM | Profile | Ignore | Sat Jul-30-11 09:50 PM Response to Original message |
26. You cannot invoke the 14th until there is no other recourse, |
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Faygo Kid (1000+ posts) Send PM | Profile | Ignore | Sat Jul-30-11 10:04 PM Response to Reply #26 |
27. If he had continued to carry that arrow in his quiver, maybe we would have a deal. |
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elocs (1000+ posts) Send PM | Profile | Ignore | Sat Jul-30-11 10:13 PM Response to Reply #27 |
28. I don't believe he categorically rejected using it. I think he said he was not yet persuaded. |
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Faygo Kid (1000+ posts) Send PM | Profile | Ignore | Sat Jul-30-11 10:40 PM Response to Reply #28 |
29. A good answer, two weeks ago. We are out of time. |
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