McConnell caves-in on debt ceiling, giving Dems what they want.

Discussion in 'Current Events' started by Pollycy, Oct 6, 2021.

  1. Zorro

    Zorro Well-Known Member

    Joined:
    Jun 13, 2015
    Messages:
    77,113
    Likes Received:
    51,795
    Trophy Points:
    113
    If Taiwan was an "easy take" the Communists would have taken it 70 years ago. Further, it's a key point in the First Island Chain, the line the Free World holds to contain an expansionist China.

    China, compared to the US, has very unfortunate geography. They have single coast, dotted with Islands, that lend themselves to Naval blockade by the Navies of the Free World, simply plugging the gaps between Islands. Behind that Blockade China has a country that is not energy independent not food independent. They need to be able access deep ocean in order to sell the goods they make and import the energy and food they need.

    [​IMG]

    China, as a nation, is a belligerant ********. They always have been, they view themselves as the center of the world, surrounded by vassals, without any peers. All their neighbors hate them, because they fish their waters, drill in their offshore holdings and sink their boats if they object. As result, Vietnam, India, Philippines, look at those lines, all their potential allies hate them. China has no allies because they are ********s to all of them.

    The Free World, on the other hand, as soon as there is trouble, we form up fast. US, France, GB, India, Australia, South Korea, Japan already hold joint naval drills designed to contain an expansionist China.

    Further, 70% of Free World's computer chips come from Free Taiwan. There is simply no good reason to Sacrifice Free Taiwan To the Chinese. Taiwan is a central link in the First Island Chain, and it's far easier to contain China, with a Free Taiwan, than if China holds the Island. On East side of Taiwan is deep water ocean, exactly what our 70 years of containment strategy is designed to withhold from them.

    And do not underestimate the tremendous resolve of the Free Chinese People of Taiwan. They have 3 generations of preparation behind them.

    Air Defense: Taiwan Reinvents To Survive.
    https://www.strategypage.com/htmw/htada/20211007.aspx

    If China attacks, there are going to be crapton of Chinese Planes scattered across the Strait. It will be a great real world test of the Free World's defense equipment vs the Chinese Commies aggressive capabilities.

     
    Last edited: Oct 10, 2021
  2. dairyair

    dairyair Well-Known Member

    Joined:
    Dec 20, 2010
    Messages:
    78,947
    Likes Received:
    19,952
    Trophy Points:
    113
    Gender:
    Male
    Based on the entirety of your response, you don't understand it very well.
     
  3. dairyair

    dairyair Well-Known Member

    Joined:
    Dec 20, 2010
    Messages:
    78,947
    Likes Received:
    19,952
    Trophy Points:
    113
    Gender:
    Male
    If there were new members every 2 or 4 yrs, the lock the party leaders get on the newbies would have much less impact.
    Yes, the current system is broke. But we voters put them in their knowing this. And some put them in their for 40 yrs.
     
  4. dairyair

    dairyair Well-Known Member

    Joined:
    Dec 20, 2010
    Messages:
    78,947
    Likes Received:
    19,952
    Trophy Points:
    113
    Gender:
    Male
    No it does not.
    I hardly heard a peep about debt and deficits and spending for 4 yrs under trump.
    This debt ceiling BS is a trump budget. No peep last year when he signed it.
    Stop the hypocrisy.
     
    bx4 likes this.
  5. dairyair

    dairyair Well-Known Member

    Joined:
    Dec 20, 2010
    Messages:
    78,947
    Likes Received:
    19,952
    Trophy Points:
    113
    Gender:
    Male
    I guess you are upset some politicians put country over party. Very unAmercian like.
     
    bx4 likes this.
  6. fmw

    fmw Well-Known Member

    Joined:
    Aug 21, 2009
    Messages:
    38,358
    Likes Received:
    14,780
    Trophy Points:
    113
    Allow me to elaborate. If the government has bills due that were not part of a plan (budget) providing for the expenditures then all it has to do is write the checks. That creates the money. Yes, it also increases infation. There is no need to borrow to pay a bill. If your son said he couldn't pay his credit card bill, would your advise be to get cash from another credit card to pay it? Government, at least can create money out of thin air. It shouldn't but it can and does it all the time.

    Having said that, if a government isn't able to budget to an anticipated revenue it has no business being allowed to borrow anything. We, as the voters and supposed heads of government allow them to do that we are complicit and corrupt. Perhaps I am alone in my dislike of incompetent wealth management. Hope that helps.
     
  7. flyboy56

    flyboy56 Well-Known Member Past Donor

    Joined:
    Oct 17, 2013
    Messages:
    15,577
    Likes Received:
    5,445
    Trophy Points:
    113
    Gender:
    Male
    Lots of people love all that spending out of Washington.
     
  8. dairyair

    dairyair Well-Known Member

    Joined:
    Dec 20, 2010
    Messages:
    78,947
    Likes Received:
    19,952
    Trophy Points:
    113
    Gender:
    Male
    i agree with what you posted here. And yes, as voters we allow it.

    But that has nothing to do with the current situation we are in with the debt ceiling. But something that should be considered in the future.
    But as voters, we don't concern ourselves with that.

    R's = borrow and spend. Reason we need debt ceiling raised.
    D's = tax and spend. Do they ever tax enough to cover their spending. Not for a while now.
     
  9. dairyair

    dairyair Well-Known Member

    Joined:
    Dec 20, 2010
    Messages:
    78,947
    Likes Received:
    19,952
    Trophy Points:
    113
    Gender:
    Male
    So then it seems options are limited. Since spending is going to happen regardless of party or leadership.

    Tax or find other revenues to pay for it or borrow and keep raising the debts and deficits.
     
  10. Zorro

    Zorro Well-Known Member

    Joined:
    Jun 13, 2015
    Messages:
    77,113
    Likes Received:
    51,795
    Trophy Points:
    113
    Another Democrat is Less Than Thrilled with Schumer's Speech Where He Pissed In The Bipartisan Well.
    Schumer is temperamentally unfit for the position he holds.
    Whether McConnell should have bailed him out or not, is now water under the bridge, but after Schumer's reaction to McConnell pulling his tail out of jam, and crossing other Republicans to do it, Mitch will not be bailing him out again.

    If Schumer is big enough to mouth off like that, he is big enough guide his own agenda without McConnell jumping him to him avoid steering into the rocks.
     
  11. flyboy56

    flyboy56 Well-Known Member Past Donor

    Joined:
    Oct 17, 2013
    Messages:
    15,577
    Likes Received:
    5,445
    Trophy Points:
    113
    Gender:
    Male
    Everyone likes the spending but no one wants to pay more taxes, even those rich cats who claim they would pay more. They don't need to wait for the government to raise taxes on them, they just need to stop using those tax loopholes.
     
    Pollycy and dairyair like this.
  12. FatBack

    FatBack Well-Known Member

    Joined:
    Oct 2, 2018
    Messages:
    53,120
    Likes Received:
    49,477
    Trophy Points:
    113
    Gender:
    Male
    When will the progs do anything to benefit all Americans?
     
  13. FatBack

    FatBack Well-Known Member

    Joined:
    Oct 2, 2018
    Messages:
    53,120
    Likes Received:
    49,477
    Trophy Points:
    113
    Gender:
    Male
    When will the progs do anything to benefit all Americans?
     
  14. FatBack

    FatBack Well-Known Member

    Joined:
    Oct 2, 2018
    Messages:
    53,120
    Likes Received:
    49,477
    Trophy Points:
    113
    Gender:
    Male
    When will the progs do anything to benefit all Americans?
     
  15. FatBack

    FatBack Well-Known Member

    Joined:
    Oct 2, 2018
    Messages:
    53,120
    Likes Received:
    49,477
    Trophy Points:
    113
    Gender:
    Male
    Hey don't insult vipers like that, at least they serve a purpose and are beneficial in the environment.

    Where the venomous snake at least you know what it is what it can do to you and how to either avoid it or handle it with care you cannot say this for most people certainly no elected ones hardly ever.

    This was my pet water moccasin before I released him recently, I'd sooner trust that snake than any elected official. IMG_20211004_080951.jpg
     
    joesnagg likes this.
  16. grapeape

    grapeape Well-Known Member Past Donor

    Joined:
    Jul 26, 2015
    Messages:
    17,070
    Likes Received:
    9,459
    Trophy Points:
    113
    Polly, please tell me you see the hypocrisy in claiming that “raising the almighty-god debt ceiling” is bad, but that the only reason we have to raise it is to pay for what the right wing already spent?
     
    bx4 likes this.
  17. fmw

    fmw Well-Known Member

    Joined:
    Aug 21, 2009
    Messages:
    38,358
    Likes Received:
    14,780
    Trophy Points:
    113
    A ban on additional borrowing will have NO effect on the "current situation" as I explained earlier. That is a red herring. It is fear mongering for permission to borrow more.
     
  18. Bearack

    Bearack Well-Known Member

    Joined:
    Jan 18, 2011
    Messages:
    7,872
    Likes Received:
    7,454
    Trophy Points:
    113
    To be candid, I was howling about Trumps campaign promise of Adopt a penny plan which would have reduced spending significantly which he never even made a stride to implement! I major campaign promise broken I surely was not happy about.
     
    Last edited: Oct 11, 2021
  19. dairyair

    dairyair Well-Known Member

    Joined:
    Dec 20, 2010
    Messages:
    78,947
    Likes Received:
    19,952
    Trophy Points:
    113
    Gender:
    Male
    I don't recall threads about all the spending that went on for 4 yrs. 2 of which was total R control.

    I guess trump became part of that swamp?
     
    bx4 likes this.
  20. Bearack

    Bearack Well-Known Member

    Joined:
    Jan 18, 2011
    Messages:
    7,872
    Likes Received:
    7,454
    Trophy Points:
    113
    That's because these boards were inundates with Russian conspiracies and impeachments without charges... Hard to have a discussion about spending when the left goes all Alex Jones.
     
    Pollycy likes this.
  21. Pollycy

    Pollycy Well-Known Member

    Joined:
    Sep 24, 2008
    Messages:
    29,922
    Likes Received:
    14,183
    Trophy Points:
    113
    Gender:
    Male
    First, do either of you remember that the government is run from one "Fiscal Year" to another? The government's "Fiscal Year" begins on October 1st and concludes the following year on September 30th.

    Next, different administrations have different priorities, according to the political philosophy of each party. The Obama admn. placed its higher priorities on handout welfare and programs involving "subsidies" (Obamacare comes immediately to mind), along with fun adventures with fraudulent 'green' technologies, like Solyndra.

    By contrast, Trump's single term was characterized by stringent efforts to get RID of handout welfare in many different manifestations, including the entire Obamacare drain on the economy. Trump did spend money, though -- and a lot of it -- on an agenda that he thought would substantially help our country to protect itself from illegal invaders from foreign countries (his "Wall" comes immediately to mind).

    So, one man's 'waste' is another man's 'wonderland'. Let's don't fool ourselves -- everything is political and designed for gain, according to one's agenda....

    *** In the end, it doesn't even really matter that much... in another ten years the robust, innovative Sino-Russian military/economic alliance -- in addition to the continuing effects of our own hateful stupidity -- will effectively push the U. S. out of any substantive role in, first, the Eastern Hemisphere, and then back even further into our own dwindling area of influence in the rest of the world. In short, WE'RE SCREWED... and we've been wrecking ourselves almost continually ever since "9/11" under four presidents in a row -- "W" Bush, Obama, Trump, and now, Biden. Will the last person to leave the party please turn out the lights...? ***
     
  22. flyboy56

    flyboy56 Well-Known Member Past Donor

    Joined:
    Oct 17, 2013
    Messages:
    15,577
    Likes Received:
    5,445
    Trophy Points:
    113
    Gender:
    Male
    Democrats don't want to raise just because of past spending but because of their future spending for both the Infrastructure bill and the large Reconciliation bill aka Human Infrastructure bill. So you can stick the hypocrisy up your nose.
     
  23. dairyair

    dairyair Well-Known Member

    Joined:
    Dec 20, 2010
    Messages:
    78,947
    Likes Received:
    19,952
    Trophy Points:
    113
    Gender:
    Male
    This board was littered with RW turmp supporters. Nary a peep from them.
    The R party spends as much and often times more than the D party.
     
    bx4 likes this.
  24. dairyair

    dairyair Well-Known Member

    Joined:
    Dec 20, 2010
    Messages:
    78,947
    Likes Received:
    19,952
    Trophy Points:
    113
    Gender:
    Male
    Yes, and what budget was signed on Oct 1 to replace the last years budget?

    NONE? So to continue the operation of the gov't, the previous year's budget gets re-upped, which it did.

    Where were you for 4 yrs when trump increased spending every year.

    ...
    The debt ceiling increased two times under President Donald Trump, but the Trump administration also tinkered with the budget and the debt ceiling in other ways throughout its four years. When Trump was sworn into office in January 2017, the national debt stood at $19.9 trillion. By November 2020, the debt had increased to over $27 trillion.

    Under Trump the debt ceiling increased:

    • by $1.7 trillion to $19.8 trillion (de facto) in March 2017,
    • by $2.2 trillion to $22 trillion in March 2019.
    Trump suspended the debt ceiling in August 2019, through July 2021. At the time of the 2020 election, the national debt stood at over $27 trillion, the fastest rate of increase of the national debt of any modern president.
    6 Modern U.S. Presidents Who Raised the Debt Ceiling (thoughtco.com)

    Don't be so hypocritical just because trump is no longer in office. Had you said something about it the last 4 yrs, you would have a leg to stand on. As on now, you have nothing.
     
    bx4 likes this.
  25. grapeape

    grapeape Well-Known Member Past Donor

    Joined:
    Jul 26, 2015
    Messages:
    17,070
    Likes Received:
    9,459
    Trophy Points:
    113
    WTF are you on about ? They HAVE to pass the debt limit no matter what. Even if they dont pass their spending bill, if we dont raise the debt ceiling, we will have to shut down the government. The government will stop paying their debts, and the economy will crash. But thats what Repubs want. The would rather destroy the country, than loos any power ;)
     

Share This Page