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Are you prepared for the catastrophic default planned by the right wing extremists?
It's obvious that the Republican party has been hijacked by the loony Teabaggers who will not be happy until they run this country to the ground. Ted Cruz has no worries as he can just reclaim his Canadian citizenship and move back up there.
19 Answers
- 8 years agoFavorite Answer
It wont happen. The Tea Baggers have to raddle the cage some. Millions of dollars hve been donated to fight Obama, yet they are getting nowhere. You can't be held hostage or have demands placed on you and negotiate. Obama needs to let the crazies know you can't do thing to the market every year or 2.
- 8 years ago
There is plenty of money to pay the interest on the debt even if the government is still shut down. There is money flowing into the IRS on a constant basis. If the Democrats are too damned stupid to make that a priority for payment, you can blame them, not the Republicans. Use some common sense.
- JimboLv 78 years ago
Catastrophic default? Hahahahahahaha! I guess you forgot the credit downgrade Obama got us a couple of years ago. If we default on our interest payment on the debt, almost half of which Obama gave us, then it's HIS fault. The money is in the treasury to pay that first. He'll just have to default on his "stimulus" money to his friends for awhile.
- ?Lv 78 years ago
You lie. There have been shutdowns in the past and the USA has never defaulted. Stop listening to the Democrat talking points on MSNBC. The government takes in $200 billion a month and the interest on the debt is less than $25 billion/month. Do the math!
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- IceTLv 78 years ago
Is this the tea party that the Left has been saying is dead?! How can that be?
It is actually O'Bama and the Democrats who are running the country into the ground! Just look at their record!
Unemployment over 7% for 5 years.
The most people ever on food stamps.
http://www.huffingtonpost.com/2011/08/03/food-stam...
The poverty level at a 50 year high.
http://articles.latimes.com/2011/sep/14/business/l...
The labor participation rate at a 30 year low.
http://money.cnn.com/2013/09/06/news/economy/labor...
They have added $7 trillion to the debt in just 5 years!
- ?Lv 48 years ago
So what's your logic here? Ted Cruz is using some kind of mind control device to force Obama and Harry Reid to shut down government?
- 338 edgeLv 68 years ago
I'm fine with it. Might as well do it now and minimize the damage. The longer we wait the more we borrow and the worse the crash is. It will suck on a global scale but people will be forced to look after themselves and each other again instead of relying on government.
Now stop and think about the above. If that isn't what you want, then don't give the power to someone by borrowing money.
- MTR 2.0Lv 78 years ago
The markets seem to think a deal will be worked out.
So...idk.
Anyway we won't default, we can't according to the constitution fourteenth amendment section four.
- Victor MeldrewLv 78 years ago
Ted has not renounced his Canadian citizenship. Furthermore, Boehner has already said he will not allow the default. He is going to extend the debt ceiling 2 days at a time until Obama is worried that he will not get reelected and caves.
- John MLv 78 years ago
Only a liberal thinks that a default can be planned by the right wing when the prez is a left wing fanatic with the power to default.