• Debt Ceiling Negotiation Megathread
    1,176 replies, posted
[QUOTE=AmericanInfantry;31442138]I have a pocket knife so that's good for weaponry. We have a medikit in our kitchen for god-knows-what reason. I cannot drive yet but if things get really bad, fuck it. You have to disobey the law sometimes.[/QUOTE] I'm going to make a pot of tea.
[QUOTE=Mikesword221;31442126]Both are really bad. If the democrats don't give in, both sides would be blamed but republicans would be blamed more. However we would have a terrible situation on our hands. If the democrats do give in, then the republicans will have learned nothing. Except they can toy with us and get whatever they want. At least that's what I've been able to put together. It's a shitty spot to be in.[/QUOTE] In the first scenario, I sadly see the general public blaming democrats and Obama as Republicans continue to spew bullshit. [editline]30th July 2011[/editline] [QUOTE=Zingly;31442150]My grandpa in all 70 years of his life has never seen the government default, said they were close at times but they pulled through. I told him "Hey, could be a first time for anything!" He just laughed[/QUOTE] Coping mechanism
[QUOTE]Coping mechanism[/QUOTE] This is coming from an old man who can barely walk on his own, diabetes has crippled him. He lives off of pension, the government shuts down and he's out of a house, as am I. I'm not sure if it's coping or just bitter disappointment.
[QUOTE=AmericanInfantry;31442138]I have a pocket knife so that's good for weaponry. We have a medikit in our kitchen for god-knows-what reason. I cannot drive yet but if things get really bad, fuck it. You have to disobey the law sometimes.[/QUOTE] Honestly unless you think you're going to join a raiding party and start looting grocery stores you're going to need some different supplies. The main thing will be food and clean water. Stock up on canned food and buy a couple jugs of water. And the medkit in your kitchen is probably for small household injuries, most kitchens have one. A pocket knife is a good utility tool but you're not going to be using it as a weapon with any kind of effectiveness. Main things to pick up, or have picked up by your parents or friends if you can are: Canned food, jugs of water, fire starter kit, small medical kit, small pot for boiling water, water filter tabs when you're unable to boil water, a map, a compass, a knife, two or three 99 cent lighters, flashlight and candles, a knife sharpener, and some rope (paracord is ideal). That's for if at any point you need to leave your home or migrate elsewhere. Most likely you'll be fine staying where you are and all you'll need is the canned food, the water, and the medical kit. Candles and a flashlight would be a good idea too. You're probably not going to have to worry about looting or rioting unless you live a very condensed metropolitan area in the poorer sides of town. If you live in the suburbs you probably wouldn't see any looting of houses or anything like that. [QUOTE=Atlascore;31442225]You guys thinking the world is going to explode are silly. If the economy dies it's just going to be rebuilt, new money, new companies, etc, people aren't just going to turn into cavemen and start killing everyone around them, there might be food shortages or so on, but we're not going to turn into a third world country over night, if at all. Besides the military is still going to exist and most likely be called in to keep order... it's just going to be unpaid.. hopefully whatever leaders don't abandon their posts aren't having thoughts of recreating Nazi Germany.[/QUOTE] This is pretty much true, there's a very small chance any of us are going to see society around us fall into chaos or anything. Everything I'm recommending is purely from a "I really like being prepared" standpoint. Most of it you'll probably, and hopefully, never need to use.
[QUOTE=Atlascore;31442225]You guys thinking the world is going to explode are silly. If the economy dies it's just going to be rebuilt, [B]new money,[/B] new companies, etc, people aren't just going to turn into cavemen and start killing everyone around them, there might be food shortages or so on, but we're not going to turn into a third world country over night, if at all. Besides the military is still going to exist and most likely be called in to keep order... it's just going to be unpaid.. hopefully whatever leaders don't abandon their posts aren't having thoughts of recreating Nazi Germany.[/QUOTE] And where are we going to get this "new money"?
[QUOTE=Atlascore;31442225]You guys thinking the world is going to explode are silly. If the economy dies it's just going to be rebuilt, new money, new companies, etc, people aren't just going to turn into cavemen and start killing everyone around them, there might be food shortages or so on, but we're not going to turn into a third world country over night, if at all.[/QUOTE] I think that things will improve after, but it won't be as good as before and things will generally decline. The western world is like Rome in 400.
[QUOTE=RichyZ;31442283]money farms in south africa[/QUOTE] What?
[QUOTE=Atlascore;31442294]The same place we got the old money? Print it and give it a name. The dollar won't survive if everything ends up fucked up.[/QUOTE] Yeah I guess we'll just love hyperinflation.
[QUOTE=Icedshot;31441921]I get the feeling everyone is fucked[/QUOTE] There's so many problems bloody I can't hinder, this further adds to my tranquil sadness and anger. Americans with their mentality to lead this process of progression and faults, an American lurker enlightening myself by the ideas of others. This is like a wreck, or accident I can not look away, by speculation, pessimism, or optimism understanding what will happen in the future a complex endeavor is putting me in a sea of mixed emotions.
[QUOTE=Fort83;31442281]should us canadians be doing this too?[/QUOTE] Never hurts to be prepared. [QUOTE=Atlascore;31442286]Nah, things haven't gotten that bad. If they were we would already be seeing things from the depression like food lines, 25%+ unemployment rates world wide, etc, we're not even close to any of that, but if we default we might just start heading that way.[/QUOTE] The difference now from the great depression era is that the government would have defaulted and systems would start shutting down, rather than a stock market collapse. That's why people are saying the quality of life would fall so quickly, when things like social security and welfare are cut off and government employees are no longer being paid then depression era "shit hitting the fan" kind of stuff happens overnight.
Fuck this I'm immigrating to the island of Sodor.
[QUOTE=Atlascore;31442327]What. If the economy dies all money will be worthless, we'll have to make a new currency. You need to learn what the word money means.[/QUOTE] You realize that making a new currency and calling it something else doesn't make it any more valuable than the dollar would have been. [editline]30th July 2011[/editline] [QUOTE=Howlthrug;31442318]There's so many problems bloody I can't hinder, this further adds to my tranquil sadness and anger. Americans with their mentality to lead this process of progression and faults, an American lurker enlightening myself by the ideas of others. This is like a wreck, or accident I can not look away, by speculation, pessimism, or optimism understanding what will happen in the future a complex endeavor is putting me in a sea of mixed emotions.[/QUOTE] I get the feeling that this wasn't meant to be coherent.
[QUOTE=RichyZ;31442408]if you make the currency out of precious metals it could[/QUOTE] Which honestly I think should be done anyways.
So, if we do default what are the chances school might get shut down?
This entire situation in a nutshell [media]http://www.youtube.com/watch?v=gP4xuPbZ4Ic[/media]
Would this go into a depression? I'm really starting to wonder if all of this overreacting is gonna do anything. And are we going to default for sure?
[QUOTE=AmericanInfantry;31442642]Would this go into a depression? I'm really starting to wonder if all of this overreacting is gonna do anything. And are we going to default for sure?[/QUOTE] Not right away, Democrats will give in, unless by a miracle, the Republicans do.
[QUOTE=Atlascore;31442327]What. If the economy dies all money will be worthless, we'll have to make a new currency. You need to learn what the word money means.[/QUOTE] I'm not really sure the point you are making, but you have it backwards. As the a currency declines so will the economy. The way you have it phrased, it seems as though you're saying that inflation is correlated with economic downturns. This is only true with large stimuluses in that a large increase in the monetary supply will always cause a large amount of inflation. Typically during economic downturns deflation occurs which makes money more valuable, though there are a lot of issues with this as well. You also can't ignore the enormous issues with going to a new currency. The majority of the population will lose its wealth. This is a big issue in countries that have gone through this, all of the common folk's savings disappear and what someone may have spent their whole life saving is now worthless. France went through a currency crisis a while ago and the homeless were burning the currency to keep warm.
I'm confused about all this "giving in" talk. Can someone explain it to me?
[QUOTE=Fables;31442078] As for advice, if you're planning on going to college make sure you've signed on with a flat tuition rate, and joining the military is a no go now.[/QUOTE] College is pretty much impossible from here on out unless you literally pay your way in up front, and the Armed forces have slashed the total number of troops by 300,000 across the board and will only be enlisting new people to replace who we already have. So yeah, college is no longer an option. and Federal employment, for a long time one of the most secure jobs there is, is no longer an option as well.
[QUOTE=AmericanInfantry;31442686]I'm confused about all this "giving in" talk. Can someone explain it to me?[/QUOTE] Either the Republicans give into what the Democrats compromise. (which really isn't really much of a compromise for the democrats more like appeasement) or Democrats give into Boehner's stupid plan.
[QUOTE=Fables;31442757]Either the Republicans give into what the Democrats compromise. (which really isn't really much of a compromise for the democrats more like appeasement) or Democrats give into Boehner's stupid plan.[/QUOTE] My guess: Democrats give in simply to avoid default, then work arses off trying to get out of agreement.
[QUOTE=AmericanInfantry;31442686]I'm confused about all this "giving in" talk. Can someone explain it to me?[/QUOTE] Like the Democrats giving into the Republican's demands.
what would this mean for the police force?
[QUOTE=TheHydra;31442795]what would this mean for the police force?[/QUOTE] Most likely cuts and layoffs. Which is why you're going to see gun markets about to make a large profit just in case nothing is done.
[QUOTE=Fables;31442810]Most likely cuts and layoffs. Which is why you're going to see gun markets about to make a large profit just in case nothing is done.[/QUOTE] Likely not because law enforcement is a big priority. Even then, it would only affect police departments that were dependent on Federal funding. As far as I'm aware, more police funding is done on more of a local and state level. [QUOTE=Dr_Funk;31442771]My guess: Democrats give in simply to avoid default, then work arses off trying to get out of agreement.[/QUOTE] Getting out of the agreement would be no problem at all seeing how no congress can bind another congress and almost all spending cuts being proposed are over ten or more years. This is why most tea party people aren't interested in cuts that doesn't affect the current year's budget. The only real proposition that could have some affect on future would be a balanced budget amendment, but getting any amendment ratified is a very long process.
[QUOTE=Pepin;31442873]Likely not because law enforcement is a big priority. Even then, it would only affect police departments that were dependent on Federal funding. As far as I'm aware, more police funding is done on more of a local and state level.[/QUOTE] Well for, state level, California is fucked I'll tell you that.
[QUOTE=Fables;31442891]Well for, state level, California is fucked I'll tell you that.[/QUOTE] I live in ohio, so every citizen owns a gun. I'm not sure if thats good or bad.
I wonder how Republicans have the self-respect to risk the economy of the entire world, just so they can get what they want and weed in a little power. I mean, you gotta be a little bitch to do that.
[QUOTE=Fables;31442891]Well for, state level, California is fucked I'll tell you that.[/QUOTE] Yeah, California's far too debt-ridden to take another hit.
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