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Debt Ceiling and the threat of The U.S. Defaulting


colourwheel

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The fiscal cliff, in the USA, is a problem but not the major problem. It is an indicator of deeper troubles, yet I agree with Colourwheel that the reluctance of the Republicans to compromise needs to change. The world, let alone the USA, can not afford last moment compromise agreements that actually put off many important decisions. What happens there, in the USA, effects the rest of the world including Australia which is doing quite well now, economically. Or at least that is what I kept being told.

 

Generally speaking I would probably be a Democrat supporter if I was an American Citizen but I still consider that only a real bipartisan approach would really improve matters there, as they would in my country of Australia. Then again perhaps any such compromises would go to far and become useless in trying to please too many people with differing agendas and world views.

 

Problems, such as the US fiscal cliff, will continue to appear until many deeper based problems are deal with.

 

Australia has had its own version of the fiscal cliff and survived.

 

Its like we are on a sinking ship and all we seem to be worried about is the fact that the deck-chairs are sliding down the sloping deck. Perhaps its time we focused less on the deck chairs and more on that 'sinking feeling'. Then we might try to repair the ship or run to the lifeboats. I, for one, do not wish to go down with the ship.

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Who is John Galt?

just a fictional character.... :whistling: Joining this "debate" with such an odd question what are you trying to get at by asking this question besides maybe derailing the topic?

 

No, John Galt is the insight that collectivism always leads into bondage. Government Debt and this Fiskal cliff circus are the result of collectivism, that the american government has become more and more democratic and socialist. The biggest coorperations already left america or have found ways to pay nearly no taxes and this is awesome. This is whats desiccate these swamps, governments, where all those "i wan't and i demand" mosquitos are breeding.

Wanna hear the truth why the US and every other government on the planet faces bankruptcy? Redistribution of wealth, theft in the name of the higher good, robbery, violence. This is what leads to defaulting.

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Who is John Galt?

just a fictional character.... :whistling: Joining this "debate" with such an odd question what are you trying to get at by asking this question besides maybe derailing the topic?

 

No, John Galt is the insight that collectivism always leads into bondage. Government Debt and this Fiskal cliff circus are the result of collectivism, that the american government has become more and more democratic and socialist. The biggest coorperations already left america or have found ways to pay nearly no taxes and this is awesome. This is whats desiccate these swamps, governments, where all those "i wan't and i demand" mosquitos are breeding.

Wanna hear the truth why the US and every other government on the planet faces bankruptcy? Redistribution of wealth, theft in the name of the higher good, robbery, violence. This is what leads to defaulting.

 

http://en.wikipedia.org/wiki/John_Galt

 

Honestly this is an interseting theory, very insightful, and well thought out yet were is your proof? on a higher note what are you still trying to argue if anything...

Edited by colourwheel
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Who is John Galt?

just a fictional character.... :whistling: Joining this "debate" with such an odd question what are you trying to get at by asking this question besides maybe derailing the topic?

 

No, John Galt is the insight that collectivism always leads into bondage. Government Debt and this Fiskal cliff circus are the result of collectivism, that the american government has become more and more democratic and socialist. The biggest coorperations already left america or have found ways to pay nearly no taxes and this is awesome. This is whats desiccate these swamps, governments, where all those "i wan't and i demand" mosquitos are breeding.

Wanna hear the truth why the US and every other government on the planet faces bankruptcy? Redistribution of wealth, theft in the name of the higher good, robbery, violence. This is what leads to defaulting.

 

I can see not one jot of evidence that there is any 'socialism' or 'over democratization' in American Federal politics. Quite the opposite.

 

American politics is very capitalist based in nature and the democracy is in the election process that swings power between two major parties only. As for 'collectivism', the true meaning of the term has nothing to do with what is happening in Congress or the White House.

 

Collectivism is the creating of farming or other collectives, a form of organization as opposed to corporate or other approaches. Collectives might be left wing but there have also been, in history, right wing forms of the same though they might not have used the name of 'collective'.

Edited by Maharg67
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I can see not one jot of evidence that there is any 'socialism' or 'over democratization' in American Federal politics. Quite the opposite.

Then you must be blindfolded.

Yeah sure tell me something about capitalism.... but at least you people can vote, make desicions based on lack of facts which infect my life. Thats great.

 

Or to make it easier: What else is government than socialism?

 

Make it even more easier: American Dream Downpayment Act

Government forced banks to give credit to people with no bankable collaterals to buy houses on 100% credit.

Edited by ColdHeartonIce
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Dems controlled the house from 2006-08. Before that, it was republican dominated.

 

BOTH parties are at fault. Neither party has the best interests of the COUNTRY in mind, they only have THEIR OWN best interests in mind. (of which, getting re-elected is right at the top of the list) Nothing is going to change either. Both parties are controlled by their campaign contributors, and the big-money lobbies. That isn't going to change either, mainly because the ONLY folks that have the power to change it, are the very same people that benefit most from NOT changing it.

 

What to see some REAL change?

 

Ban paid lobbyists.

Require bills working their way thru congress to deal with ONE issue specifically, and do not permit 'add-ons' (pork) that have nothing to do with the original bill.

Or, give the president the line-item veto power that was put into place when republicans controlled the whitehouse, and congress, but, as soon as a dem was elected president, it was suddenly unconstitutional.

Only allow a maximum of 5000 dollars from any individual in campaign contributions.

Corporations are NOT people, and should not have a voice, nor should they be able to spend unlimited amounts of money on political advertising. In all reality, they shouldn't be able to spend ANY.

 

THEN we might see congress start working for americans.

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