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There will not be a default on 2 Aug (Page 4)
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Professional Poster
Join Date: Sep 2005
Location: Rochester, NY
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A bridge to Hawaii would be awesome. And it would only cost 2,500 Elvii.
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Banned
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There is a reason Hawaii has interstates already.
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Posting Junkie
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Originally Posted by Railroader
There is a reason Hawaii has interstates already.
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I will concede that the consequences of the US getting its credit downgraded could be great. None of us can see the future, but there is always the possibility that things could go very wrong. I won't even speculate beyond that.
But, the fact is that the federal government has revenue and cash to last for several more months, so the August "default' date is disingenuous.
The real problem is that the government has become like a crack addict, willing to do ANYTHING to get another fix (this "debt limit" raise is akin to taking out a payday loan). And as soon as you try and take away that crack, he flips out and goes into withdrawal. That is why I agree with Boehner's initial small cutbacks in federal spending, and then hope to see some major progress in cutting spending in 2012.
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Clinically Insane
Join Date: Jun 2001
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Originally Posted by turtle777
Latest Obama/Reid cuts:
Not declaring war on China: $1.8T saved
Not sending a man to saturn: $1.3T saved
Not bailing out Hungarian banks: $0.4T saved
Not building a bridge to Hawaii: $2.5T saved
I forgot one.
Not solving world hunger: $ eleventy billion saved. Ca-ching.
-t
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Posting Junkie
Join Date: Jun 2002
Location: Calgary
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Originally Posted by Kerrigan
But, the fact is that the federal government has revenue and cash to last for several more months, so the August "default' date is disingenuous.
It's pretty annoying when politicians exaggerate a crisis in order to get their way.
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Banned
Join Date: Jun 2005
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Administrator
Join Date: Apr 2001
Location: San Antonio TX USA
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Interstate highways were originally the US equivalent of the Autobahn, and built for the same original purpose: allowing military mobilization throughout the nation. Including Hawaii. So while the "interstate" part of the name is sort of silly sounding, those roads are part of the overall system. Just as Alaska has "interstate" highways without Any physical connection to any other state.
Now if someone could come up with a road-like way to get people, goods and bulk materials like fuel and such to Hawaii, the state's entire economic system would have to change, and it wo uld be significantly less expensive to live there. But that Isn't really feasible, so the current situation is pretty much "set in stone"...or rather set in tectonic plate physics.
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Glenn -----OTR/L, MOT, Tx
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Originally Posted by turtle777
Latest Obama/Reid cuts:
Not declaring war on China: $1.8T saved
Not sending a man to saturn: $1.3T saved
Not bailing out Hungarian banks: $0.4T saved
Not building a bridge to Hawaii: $2.5T saved
There. Easy.
-t
Why don't you wear your ruby red slippers and click on its heels and chant:
There are no wars. Reid is lying.
There are no wars. Reid is lying.
There are no wars. Reid is lying.
You mean the same fake/gimmick savings Republicans included in their budget proposals within the last year?
The same savings from from Ryan's plan?
Haha...
Fox Claims Savings In Reid Plan Are A "Gimmick" -- But Touted Ryan Plan With Same Savings | Media Matters for America
Wash. Post: Counting Money Not Spent On Wars "Is Widely Viewed As A Budget Gimmick ... [But] It Was Included In The Budget Blueprint House Republicans Adopted This Spring."
CBPP: "Ryan Budget Plan Produces Far Less Real Deficit Cutting Than Reported" Including "$1.3 Trillion In 'Savings' " From Winding Down Wars.
CNN.com: Sen. Jon Kyl "Blasted [Reid's] Debt Ceiling Package" For "Phony Scoring" But "At The Same Time, [He] Acknowledged Republicans Have Supported The Same Approach.
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Bush Tax Cuts == Job Killer
June 2001: 132,047,000 employed
June 2003: 129,839,000 employed
2.21 million jobs were LOST after 2 years of Bush Tax Cuts.
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Addicted to MacNN
Join Date: May 2001
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Bush Tax Cuts == Job Killer
June 2001: 132,047,000 employed
June 2003: 129,839,000 employed
2.21 million jobs were LOST after 2 years of Bush Tax Cuts.
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Addicted to MacNN
Join Date: May 2001
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Originally Posted by Kerrigan
But, the fact is that the federal government has revenue and cash to last for several more months, so the August "default' date is disingenuous.
Where do you get your 'facts'? Show us the numbers genius.
By most estimates, it's between Aug. 3 and Aug. 10 before the US runs out of money.
Charting the American Debt Crisis - Graphic - NYTimes.com
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Bush Tax Cuts == Job Killer
June 2001: 132,047,000 employed
June 2003: 129,839,000 employed
2.21 million jobs were LOST after 2 years of Bush Tax Cuts.
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