Who had the more persuasive argument?

joeydb · #2 07-26-2011, 07:56 AM

Links to transcripts:

President Obama's speech: http://www.weeklystandard.com/blogs/...ch_577404.html

Speaker Boehner's speech: http://www.weeklystandard.com/blogs/...ch_577405.html

Riot · #3 07-26-2011, 09:53 AM

Persuasive argument about what? The debt ceiling raise is a single sentence routine accounting procedure bill. All the rest is bullcrap kabuki politics.

joeydb · #4 07-26-2011, 09:59 AM

Quote:

Originally Posted by Riot

Persuasive argument about what? The debt ceiling raise is a single sentence routine accounting procedure bill. All the rest is bullcrap kabuki politics.

Is there a "routine accounting procedure" where the debt actually gets paid back? You know, where the government actually owes less than it does today, or is the direction always to be in the negative?

Riot · #5 07-26-2011, 10:35 AM

Quote:

Originally Posted by joeydb

Is there a "routine accounting procedure" where the debt actually gets paid back? You know, where the government actually owes less than it does today, or is the direction always to be in the negative?

What does that have to do with raising the debt ceiling? Nothing at all.

dino · #6 07-26-2011, 07:28 PM

This Bozo is scaring the elderly by telling them that even though they worked hard all their lives and contributed to SS they still might not get their checks. Yet I haven't heard one word about the welfare checks not going out to the bums that never worked an honest day in their lives. Sounds fair.

joeydb · #7 07-27-2011, 06:14 AM

Quote:

Originally Posted by Riot

What does that have to do with raising the debt ceiling? Nothing at all.

Sure it does. If the government cannot borrow any more, than it will be forced to live within its means - which is about $200B a month in revenues.

It's also related in that, just in general, you must stop borrowing new money to pay back your total accumulated debt. This is not the same as borrowing a fixed amount that is always paid back on a predictable schedule, like the "float" that businesses use for operating capital. This debt has accumulated without ceasing.

lord007 · #8 07-27-2011, 08:37 PM

Quote:

Originally Posted by Riot

What does that have to do with raising the debt ceiling? Nothing at all.

http://www.youtube.com/watch?v=EoS52fVtVQM

This one is for you Riot

View Poll Results: Who had the more persuasive argument regarding the debt ceiling?
President Obama	10	37.04%
Speaker of the House Boehner	12	44.44%
They were equally persuasive - it will be hard to make a decision	0	0%
They were equally ineffective - deadlock will result from lack of leadership on both sides	5	18.52%
Voters: 27. You may not vote on this poll