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View Diary: Full Faith and Credit (13 comments)

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  •  America is NOT a deadbeat nation. (1+ / 0-)
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    That should be enough said to shut up the Rs.

    Men never do evil so completely and cheerfully as when they do it from a religious conviction. -- Blaise Pascal

    by RJDixon74135 on Mon Apr 11, 2011 at 05:06:29 PM PDT

    •  They have another solution (0+ / 0-)

      If the debt ceiling isn't raised, their solution is not to default on debt owed to financiers, foreign or domestic.  Their solution is to raid the SocSec trust fund.  Why do you think they've been agitating for years with the otherwise inexplicable nonsense that the govt bonds the fund is put into aren't reliable, that the govt won't honor them.  They intend to create a situation in which they can't be honored, can't be repaid to the trust fund, because they will be written off to keep us below the debt ceiling.

      They're only ashamed to be deadbeats towards financiers.  Our own people -- who cares!

      We should have destroyed the presidency before Obama took office. Too late now.

      by gtomkins on Tue Apr 12, 2011 at 03:39:13 PM PDT

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