I live in Canada and I've heard almost nothing on this topic, is the US actually fucked or are you guys just fear mongering? I'm not trying to disagree with anyone I'm just legitimately curious.
[QUOTE=AmericanInfantry;31443913]I'm trying to sleep but I'm over-worrying about this.
Why am I over-worrying?[/QUOTE]
Because you understand this is a very serious threat?
My family has been a poor family since the beginning of the industrial revolution in america, Non of us have had money for personal pleasure, We are abunch of laborers, My family helped build america to when it was once great, and we were never paid back for helping create this infrastructure. Even before this whole recession, We were just BARELY getting by, Now this comes along and it is going to royally fuck us over. Well, Time to spend my money on a bag of weed, and just finally be at peace while all this sh-t goes down.
I have a 16 hour day ahead of me tomorrow, And i can't sleep because i'm just absolutley terrified about this whole situation.
[QUOTE=Fata;31443869]I just have one request if the worst happens, Let me take the head off of one politician before i end my own life.[/QUOTE]
In response to your situation: If I were in that situation I'd get everyone that would go with me, and all the supplies I could and head into the nearest mountains or uninhabited area and just try and set up a community and live off the grid.
Honestly you'd probably be better off than the people that stayed.
[QUOTE=yawmwen;31443902]cant obama use his executive power to push a bill through or something?
i mean if any time is appropriate to use executive power, now is the time.[/QUOTE]
I think some people in the thread said before that he [i]COULD[/i] use the 14th amendment to do something at the very least. Using that however might put him up for impeachment, even though that would be a very heroic act. Obama also said he does not want to do that.
Again, not so great on politics. Excuse me If I got any of that wrong.
[QUOTE=Zingly;31443972]I think some people in the thread said before that he [i]COULD[/i] use the 14th amendment to do something at the very least. Using that however might put him up for impeachment, even though that would be a very heroic act. Obama also said he does not want to do that.
Again, not so great on politics. Excuse me If I got any of that wrong.[/QUOTE]
if i were obama i would wait till the last minute and if nothing happens then i would do it. fuck impeachment, no one would convict the president if he saved the us from default
So this is how it ends, huh?
[QUOTE=Protocol7;31443942]Because you understand this is a very serious threat?[/QUOTE]
I do understand. I want to get out this country if this default shit happens.
Any recommendations for a good country to go to?
[QUOTE=AmericanInfantry;31444020]I do understand. I want to get out this country if this default shit happens.
Any recommendations for a good country to go to?[/QUOTE]
There is nothing you can do. Just get some sleep. Life is gonna be ok man.
[QUOTE=Atlascore;31444104]If shit hits the fan it doesn't matter where you go.[/QUOTE]
Yup, America falls, I think the rest of the world starts feeling the pressure. It's fucked up, All this shit is happening over fucking money, Thats all that it is, A fucking piece of paper, I'm fucking to the point of enragement right now.
[QUOTE=yawmwen;31444003]fuck impeachment, no one would convict the president if he saved the us from default[/QUOTE]
The Republicans.
They wouldn't hesitate to put him on the chopping block if he even thinks about doing that.
[QUOTE=Super_Nova;31444088]There is nothing you can do. Just get some sleep. Life is gonna be ok man.[/QUOTE]
I doubt it's gonna be ok. If I worry about something serious, like this, there's no way in hell I'm getting sleep.
Snip, I was pissed.
[QUOTE=Fhenexx;31444140]The Republicans.
They wouldn't hesitate to put him on the chopping block if he even thinks about doing that.[/QUOTE]
They are that crazy. Then again, their goal is to take back the White House, and making sure the President fails and is a one-term President. Even if it means filibustering a bill that could avert the default.
I hate Congress right now, they are worse than schoolchildren.
EDIT:
[QUOTE=Zingly;31444208]This is going to sound a bit selfish, but this pisses me off to no end because I had just filled out my forms for Federal Student Aid. I was maybe going to start finally doing something with my life and then wouldn't you know it, something beyond my control threatens to just stomp that into the dust.
And what about all the people like my grandpa and the lady next door? They live off of pensions because they can't work! This could happen to thousands of people but a lot of people in congress don't seem to care too much! "Oh no, we're just gonna be assholes until we get our way!"
They don't seem to realize that this could hurt millions in countries all over the world.[/QUOTE]
Hell, I am pissed at this as well. My family isn't doing well, in fact, I am trying to find a job, yet nobody is hiring me. I have to apply for Financial Aid(already got my fees waived for the tuition), and my grandmother needs her SS check to help people. What is wrong with these people and the President. Like I said, I would issue the executive order to prevent the default(increase the debt ceiling) or lock down Congress until they reach a deal.
[QUOTE=Zingly;31444208]This is going to sound a bit selfish, but this pisses me off to no end because I had just filled out my forms for Federal Student Aid. I was maybe going to start finally doing something with my life and then wouldn't you know it, something beyond my control threatens to just stomp that into the dust.
And what about all the people like my grandpa and the lady next door? They live off of pensions because they can't work! This could happen to thousands of people but a lot of people in congress don't seem to care too much! "Oh no, we're just gonna be assholes until we get our way!"
They don't seem to realize that this could hurt millions in countries all over the world.[/QUOTE]
Uh ok stuff like this is why this thread seems illegitimate to me. You don't really think that the people who run the country are just dicking around without realizing the gravity of the situation. You haven't got a clue what's really going on, it's so far beyond your scope of understanding.
[QUOTE=yawmwen;31444003]if i were obama i would wait till the last minute and if nothing happens then i would do it. fuck impeachment, no one would convict the president if he saved the us from default[/QUOTE]
Under normal circumstances I'd never agree with the likes of you, but I'm betting that's exactly what he's going to do: Wait until the last absolute minute and do the unthinkable, then ride out the publicity that he saved the country from tyrannical Tea Party lunatics.
[QUOTE=stepat201;31444259]Uh ok stuff like this is why this thread seems illegitimate to me. You don't really think that the people who run the country are just dicking around without realizing the gravity of the situation. You haven't got a clue what's really going on, it's so far beyond your scope of understanding.[/QUOTE]
Sorry, It just seems that no one in congress can agree to anything at least remotely helpful without the other just blocking them.
[quote]WASHINGTON (AP) — The White House and Republican congressional leaders made significant progress toward a deal to avert a potentially catastrophic first-ever government default threatened for early next week, according to officials familiar with the talks.
Under a plan negotiated late Saturday night, the nation's debt limit would rise in two steps by about $2.4 trillion and spending would be cut by a slightly larger amount, the officials said. The first stage — about $1 trillion — would take place immediately and the second later in the year.
Congress would be required to vote on a balanced budget amendment to the Constitution, but none of the debt limit increase would be contingent on its approval. The officials who described the talks did so on condition of anonymity, citing their sensitive nature.
President Barack Obama is seeking legislation to raise the government's $14.3 trillion debt limit by enough to tide the Treasury over until after the 2012 elections. He has threatened to veto any legislation that would allow a recurrence of the current crisis next year but has agreed to Republican demands that deficits be cut — without tax increases — in exchange for additional U.S. borrowing authority.
Without a compromise in place by Tuesday, administration officials say the Treasury will run out of funds to pay all the nation's bills. The subsequent default could prove catastrophic for the U.S. economy by causing interest rates to rise and financial markets to sink, sending shockwaves around the world, they say. With financial markets closed for the weekend, lawmakers had a little breathing room, but not much. Asian markets begin opening for the new work week when it is late Sunday afternoon in the U.S. capital.
"There is very little time" Obama said Saturday in his weekly radio and Internet address. He called for an end to political gamesmanship, saying "the time for compromise on behalf of the American people is now."
One official commenting on the late night negotiations said the two sides had settled on general concepts, but added there were numerous details to be worked out — and no assurance of a final agreement.
Still, word of significant progress after weeks of stalemate offered the strongest indication yet that an economy-crippling default might be averted.
Democratic Senate Majority Leader Harry Reid postponed until Sunday a test vote on a his own debt limit proposal that had been scheduled for shortly after midnight to give negotiators time to work out an agreement.
"There are many elements to be finalized," he cautioned. "There is still a distance to go."
Senate Republican leader Mitch McConnell said at a joint news conference with House Speaker John Boehner earlier that he was confident a deal could be reached "in the very near future and resolve this crisis in the best interests of the American people."
Reid, after a meeting at the White House with Obama and House Democratic leader Nancy Pelosi, initially disagreed with that optimistic assessment.
Obama needs Congress to approve an increase in the government's borrowing authority, known as the debt ceiling. Past increases have been routine, but Republicans, citing the giant U.S. deficit, have demanded huge spending cuts as a condition for approving the increase.
After weeks of intense partisanship, there was renewed talk of compromise that contrasted sharply with earlier developments as both the House and Senate convened for unusual Saturday sessions.
McConnell and Boehner held their news conference shortly after the House of Representatives rejected a Senate Democratic bill drafted by Majority Leader Harry Reid to raise the government's debt limit by $2.4 trillion and cut spending by $2.2 trillion.
The House vote was 246-173, mostly along party lines and after debate filled with harsh, partisan remarks. The vote was unusual in that Republicans lined up to kill Reid's legislation even though it hadn't even cleared the Senate. It was orchestrated as political payback because late Friday Reid had engineered the demise of a House-passed bill hours after it passed.
Shortly after the House vote, Obama stepped back into the debt-ceiling talks, calling Democratic leaders Reid and Pelosi to the White House for a meeting.
Before the House vote, Republicans said the Reid spending-cuts plan was filled with gimmicks and would make unacceptable reductions in defense spending.
Pelosi said Boehner "chose to go to the dark side" when he changed his own legislation to satisfy tea party-backed Republican lawmakers and other critics, prompting catcalls from the Republican side of the aisle.
Not even Democrats seemed to like Reid's measure very much, although many emerged from a closed-door meeting of the rank and file saying they would vote for it.
With their votes, many Democrats signaled their readiness for compromise by voting to cut spending without raising taxes. Many Republicans insist taxes must not be raised to cut into federal deficits, even for the wealthiest Americans and for big oil companies.
There was no doubt about the outcome of Sunday's planned procedural vote in the Senate, either, unless compromise intervened. A total of 43 Republicans sent Reid a letter saying they would block the bill from advancing, enough to prevent it from coming to a final vote under Senate rules.[/quote]
[url]http://news.yahoo.com/attempt-debt-limit-deal-avert-default-035048587.html[/url]
rate me rainbows
[QUOTE=Judas;31444291][url]http://news.yahoo.com/attempt-debt-limit-deal-avert-default-035048587.html[/url]
rate me rainbows[/QUOTE]
Fuck, they don't want taxes raised. They better think of a deal and pass it, but chances are, the republicans will try to vote no on it again so the US either defaults or the President has to use an executive order so they can use this against the Democrats and the President.
If this deal thing is true though, finalfuckingly. If the Republicans do compromise and vote yes with the Dems, I might have to quote an old computer error called "Does not Compute."
Progress is progress.
[QUOTE=ForcedDj;31444360]Fuck, they don't want taxes raised. They better think of a deal and pass it, but chances are, the republicans will try to vote no on it again so the US either defaults or the President has to use an executive order so they can use this against the democrats and the President.
If this deal thing is true though, finalfuckingly.[/QUOTE]
Huh, maybe I spoke too soon. I hope something can be reached by Tuesday.
[QUOTE=Judas;31444291][url]http://news.yahoo.com/attempt-debt-limit-deal-avert-default-035048587.html[/url]
rate me rainbows[/QUOTE]
If they can reach some form of compromise, I'll be very glad. However, I probably won't be happy with what the deal turns out to be.
[QUOTE=Megafanx13;31444446]If they can reach some form of compromise, I'll be very glad. However, I probably won't be happy with what the deal turns out to be.[/QUOTE]
Honestly it'll be better than nothing.
[QUOTE=SwissArmyKnife;31444461]Honestly it'll be better than nothing.[/QUOTE]
I know, but I'm just saying.
[QUOTE=ForcedDj;31444360]Fuck, they don't want taxes raised. They better think of a deal and pass it, but chances are, the republicans will try to vote no on it again so the US either defaults or the President has to use an executive order so they can use this against the Democrats and the President.
If this deal thing is true though, finalfuckingly. If the Republicans do compromise and vote yes with the Dems, I might have to quote an old computer error called "Does not Compute."[/QUOTE]
They would have never gotten taxes raised, but if the White House is meeting with Congressional leaders, and Boehner can get his party in line, a deal might be reached. It will be fucking close to the wire though.
I think the compromise should be a balanced budget amendment. It would take a while to get ratified, but in the long run it would prevent issues like this.
[quote]Before the House vote, Republicans said the Reid spending-cuts plan was filled with gimmicks and would make unacceptable reductions in defense spending.[/quote]
His budget included the money saved with the already proposed Afghanistan withdrawal. Obviously we'll spend less money with the withdrawal, and his budget takes this into consideration, but it is obviously quite a stretch to claim that something that is already going to happen a spending cut.
Are they seriously saying that it makes too much reductions to defense?
or are they saying it wasn't enough, i don't know about Reid's suggestion
[QUOTE=Super_Nova;31444363]Progress is progress.[/QUOTE]
opposite of progress is congress \/:v:\/
Anybody still have the reasoning as to why people refuse to have the US pay it's bills?
[i]"Oh we must stop the US Spending, lets prevent them putting new debt ceiling, destroy credit and have the world market compromised. At least we won't spend anymore.[/i]"
[QUOTE=CabooseRvB;31445174]Anybody still have the reasoning as to why people refuse to have the US pay it's bills?
[i]"Oh we must stop the US Spending, lets prevent them putting new debt ceiling, destroy credit and have the world market compromised. At least we won't spend anymore.[/i]"[/QUOTE]
It's more useful to the other countries to have us continue to rely on them. If they suddenly demand their money, both of us get fucked because they don't get it, we can't pay it, and our economy shits on itself and takes a portion of the world's economy with it.
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