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View Diary: White House issues veto threat over House's proposed 'Pay China First' bill (62 comments)

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  •  Anyone suggesting defaulting US debt... (5+ / 0-)

    ...wants to destroy the country as well.

    The instant the US doesn't cover a penny of its debt is the moment the nation implodes.

    (-5.50,-6.67): Left Libertarian
    Leadership doesn't mean taking a straw poll and then just throwing up your hands. -Jyrinx

    by Sparhawk on Tue May 07, 2013 at 03:34:38 PM PDT

    [ Parent ]

    •  Anyone suggesting that defaulting on (14+ / 0-)

      the US government's commitment to the people of this country whilst guaranteeing payments to creditors at the expense of the people is intent on turning this nation of people into indentured servants.

      We fought a Revolutionary War largely based on these very same questions.

      The People of the United States did not agree to sell themselves into servitude to China or any other foreign creditor.  

      The Congress did that and they are responsible for finding ways of meeting their obligations to both parties - not to choose one over the other.  I won't even go into the fact that this is a completely manufactured crisis on the part of the Republican Party and other deficit hawks who at one time did not give a flying fuck whether or not the deficit was growing beyond manageable boundaries.

      •  The US Govt has no creditors.....the US Govt is no (2+ / 0-)
        Recommended by:
        Chitownliberal7, aguadito

        household or business that must collect taxes or borrow money in order to spend.  The US dollar comes from the US Govt.....the gold standard is over.....we live in a monetary sovereign nation that uses a fiat currency, there is no such thing as running out of fiat money.  The US dollar is not a commodity, it is a simple public monopoly or utility

        "The Earth is my country and Science my religion" Christiaan Huygens

        by Auburn Parks on Tue May 07, 2013 at 08:12:15 PM PDT

        [ Parent ]

      •  What Congress does (0+ / 0-)

        is our responsibility.  We put them there, many of them serial offenders of both parties who consistently place special interests above the common good.  Until we elect a better class of politicians, we all share the blame for what issues from the dunghill.  

        A wise man hears one word and understands two.

        by Not A Bot on Tue May 07, 2013 at 09:17:15 PM PDT

        [ Parent ]

    •  Argentina doesn't even exist anymore (1+ / 0-)
      Recommended by:
      cybersaur

      is just a smoldering hole in the ground.

      Oh wait...maybe not.

      You really do defend the shittiest things.

      _"Love is the rosebud of an hour; Friendship the everlasting flower."_ Brook Boothby

      by Keith930 on Tue May 07, 2013 at 07:21:19 PM PDT

      [ Parent ]

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