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Originally posted by Anonymous Femi]
reply to post by Cyanide
Would it be political suicide for them not to agree?
How would all you Americans feel if they did not agree to this deal?
That is I want to know.
Would yous all finally go out and protest in Washington? Maybe they see this coming and that's why they have an extra 20000 troops ready to back up the Law enforcement agencies.
Originally posted by Maxmars
This "gesture" is about political careers. Nothing more. As I have stated in other places, they will hail this failure as "compromise."
Originally posted by MidnightTide
Do not pass this, all it does is let the illusion live for a few more months.
The reductions are laughable, 2.4 trillion over 10 years!!!!! While each of those 10 years you are going to have at least a trillion in deficit each year. Just accept the default, accept the pain and loss that it will mean. But that will allow the economy to get back on track, let the real economy thrive.
reply to post by Cyanhide
If it isn't agreed upon, and nothing else gets passed, tomorrow you will see a default. But rest assured, all of this is just drama, something will get passed today.edit on 1-8-2011 by MidnightTide because: (no reason given)
Originally posted by romanmel
NO agreement has been approved!
The congress will do that, and neither side seems at all pleased.
In the end what do you have if it is approved? The debt limit gets increased again for the 'unteenth time and we go right along charging like a starey-eyed compulsive shopper at Christmas time in Macy's.
The so called deficit reduction part will NEVER get done and in two years or less we'll have a replay of the whole debt limit increase story again. Someone needs to cut up the national credit card. It won't happen.edit on 1-8-2011 by romanmel because: typo