Americans Say No to Debt Ceiling Increase: Poll Result

reply to posts by ChaoticOrder and beezzer


Both of your positions in this thread are right. Good to see you eventually agreed to a point.

A partial U.S. default would be harsh, but not the end of the world, nor the United States.
The current state and position of the U.S. in this world is not earned, it's borrowed and upheld by force, both at the expense of future generations.

It takes a sharp reversal of U.S. fiscal and foreign (centralist/imperialist) policies for the U.S. to change this and return to a sound and lasting state.
Yes it will hurt, and yes it will change the world as we know it, but it's the right thing to do, absolutely possible and essential for the for the good of ALL of us in the long run.

That being said, I doubt we will see this happening (at least not with your current administration), because to do so, the U.S. Gov. would have to ditch their oligarchy (the military-industrial-complex, big oil, the FED, the banking mafia and the rest of their financiers) and start working for their true political authority again.

reply to post by Cabin

How many of these people understand the economic consequences that not raising the debt ceiling could have?

It is very simple. Look at Iceland. If you do not downsize the government and act responsible then the country WILL default. The USA currency WILL be replaced as the World Reserve Currency. The USA WILL go into hyperinflation (Actually Stagflation which is worse) And the International Banksters WILL force a Structural Adjustment Programme on the USA.

It is really quite simple. We either grow-up and quit spending like a teenager with Dad's credit card or we bankrupt and are FORCED to do so.

Since the main objective is to get rid of the US soveignty (US Constitution) and make the USA a vassal state of the United Nations guess what the traitors in DC want?

Structural Adjustment Policies are economic policies which countries must follow in order to qualify for new World Bank and International Monetary Fund (IMF) loans and help them make debt repayments on the older debts owed to commercial banks, governments and the World Bank. Although SAPs are designed for individual countries but have common guiding principles

SAPs generally require countries to devalue their currencies... lift import and export restrictions; balance their budgets and not overspend; and remove price controls and state subsidies.

Devaluation makes their goods cheaper for foreigners to buy and theoretically makes foreign imports more expensive....

Balancing national budgets can be done by raising taxes, which the IMF frowns upon, or by cutting government spending, which it definitely recommends. As a result, SAPs often result in deep cuts in programmes like education, health and social care, and the removal of subsidies designed to control the price of basics such as food and milk. So SAPs hurt the poor most, because they depend heavily on these services and subsidies....
www.whirledbank.org...

World Trade Organization Director-General Pascal Lamy:

The reality is that, so far, we have largely failed to articulate a clear and compelling vision of why a new global order matters — and where the world should be headed....

All had lived through the chaos of the 1930s — when turning inwards led to economic depression, nationalism and war. All, including the defeated powers, agreed that the road to peace lay with building a new international order — and an approach to international relations that questioned the Westphalian, sacrosanct principle of sovereignty..

ChaoticOrder
The simple mathematical fact is that the debt ceiling must be raised to support the debt based system they have created. It's a debt based system for a reason, it needs a continuous flow of debt to maintain liquidity and if they stop injecting more debt into the system it will collapse and thus the petrodollar and world reserve currency will collapse with it.

Sounds like a Ponzi scheme. A self perpetuating hole in the ground.

Every economy is at the mercy of technological development. We are one invention away from a dismantling of several key industries. All of this money is imaginary and simply a catalyst for a point in history where technology provides more than anyone could ever buy or sell.

So sad to see people are whining about debt and trying to get people killed by prematurely dismantling the economy with political and religious fueld tantrums.

beezzer
reply to post by Indigo5

 

Painting a rosy picture of high unemployment, record high food stamp usage, record high welfare enrollment, aren't you.

Some of us just don't see the world through Obama-style glasses.

We are recovering from the worst economic disaster since the Great Depression...but we are RECOVERING...

So you look at those indicators...disregard the recovery trend.....and decide the answer is to plunge into another, even deeper financial crisis???

WTF is wrong with you people?

reply to post by xuenchen


So the Poll was of 952 voters, out of a population of how many millions of eligible voters?

Conducted on 1st and 2nd October......a lot may have happened since then.

Show me a poll of several hundred thousand eligible voters over the last 48 hours and it holds more credibility.
IMO this means nothing of significance.