tag:blogger.com,1999:blog-15290406.post359637302366695712..comments2024-03-08T17:48:05.678-05:00Comments on Curmudgeonly & Skeptical presents Boned Jello: Sweet and Sour Boner NewsRodger the Real King of Francehttp://www.blogger.com/profile/11349261387199416434noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-15290406.post-34178919689589989622015-03-01T14:46:51.746-05:002015-03-01T14:46:51.746-05:00Boehner reminds me a bit of the later western Roma...Boehner reminds me a bit of the later western Roman Emperors during the decline: Really good at squashing internal opposition.. <br /><br />Talent and drive in opposing the real enemies (barbarian hordes) threatening to destroy west? No so much.Hell_Is_Like_Newarkhttps://www.blogger.com/profile/11845488554285075902noreply@blogger.comtag:blogger.com,1999:blog-15290406.post-16482055004901442762015-03-01T14:42:40.057-05:002015-03-01T14:42:40.057-05:00Not raising debt does not equal a default:
The Tr...Not raising debt does not equal a default:<br /><br />The Treasury can continue to issue debt to refinance existing debt that has come due. It just can't issue new debt above the debt ceiling*.<br /><br />What would happen would be about a 40% cut in spending over night, which might not be a bad thing.<br /><br />It would become a default if Obama orders the Treasury to stop issuing debt to refinance.<br /><br />* I am not sure if the debt ceiling also includes intra-governmental debt (i.e. Social Security Trust fund). Social Security went cash flow negative in 2010, meaning the deficit is made up from general revenues by SS cashing in the notes. Can the treasury issue new debt to cover the trust fund obligations?Hell_Is_Like_Newarkhttps://www.blogger.com/profile/11845488554285075902noreply@blogger.comtag:blogger.com,1999:blog-15290406.post-29250107793897440062015-03-01T13:54:39.595-05:002015-03-01T13:54:39.595-05:00You're assuming Ohio wants him back.You're assuming Ohio wants him back.Ralph Gizziphttps://www.blogger.com/profile/04923672128816386548noreply@blogger.comtag:blogger.com,1999:blog-15290406.post-70965186920991501342015-03-01T12:01:20.457-05:002015-03-01T12:01:20.457-05:00Maybe, after the conservative members of the Repub...Maybe, after the conservative members of the Republican Party, as opposed to Boehner and his fellow RINOs, toss his sorry ass out of the Speakership, Boehner will do what he should have done years ago - move over to the Democrat side of the aisle. Or resign and go back to Ohio where he belongs.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-15290406.post-48788388821435392612015-03-01T10:27:08.288-05:002015-03-01T10:27:08.288-05:00are more worried about protecting their own career...<i>are more worried about protecting their own careers than protecting their constituents from ISIL</i><br />They <i>were</i> referring to the RINO's, right? Right Snerdly? Right, Bueller?<br />Lt. Col. Gen. Tailgunner dickAnonymousnoreply@blogger.com