tag:blogger.com,1999:blog-423868999082505525.post6950544876700325512..comments2023-06-24T10:50:46.068-05:00Comments on Minnesota Conservatives: Purity People & The Debt CeilingJohn Hugh Gilmorehttp://www.blogger.com/profile/17095758200969949080noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-423868999082505525.post-20520721864553919842011-02-10T15:11:00.903-06:002011-02-10T15:11:00.903-06:00Actually, it would seem irresponsible to raise you...Actually, it would seem irresponsible to raise your credit card limit when there is no earthly way you can pay off the tab you've already run up. No sane bank would do so, and since we're the "bank" in this case it's time to cut up that credit card that Congress has been abusing. Don't blame Rep. Bachmann for laying out the honest truth and best solution, just because you don't like her. I just saw another analysis, from Ben Bernanke no less, that said we COULD survive such a situation under certain circumstances. <br /><br />J. EwingAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-423868999082505525.post-42787661985692299642011-01-26T13:53:27.839-06:002011-01-26T13:53:27.839-06:00We are all assuming that the Chicken Littles of th...We are all assuming that the Chicken Littles of the Obama administration are telling us the truth about the consequences of failing to expand the debt limit. No doubt it will make the administrations spending spree more difficult in the short term--3 or 4 months, perhaps-- and impossible in the longer term with somewhat dire if not disastrous consequences. But I don't think the idea of pushing this to, or just past, the brink in order to exact some fiscal sanity is a bad idea. If it forces a "government shutdown" we may discover that we can do with less very quickly, and that's the opposite lesson Obama and Co. do NOT want us to learn. They may be very accommodating, rather they do so believing their own hype or because they recognize the danger to their agenda doesn't matter, at least to me. <br /><br />J. EwingAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-423868999082505525.post-34692461091724359182011-01-22T20:35:04.366-06:002011-01-22T20:35:04.366-06:00Thank you for the sane commentary about Michelle B...Thank you for the sane commentary about Michelle Bachmann's "cold turkey" plea. We can do better than Michelle Bachmann. Her gaffes may seem minor to some, but as a long-time Minnesotan I find her and her "purity" stance and general lack of professionalism to be embarrassing at best. And calls like this one - that are only designed to elevate her in the conservative media and curry favor among the TP - are beyond irresponsible.Lorena B.noreply@blogger.comtag:blogger.com,1999:blog-423868999082505525.post-1717369757299062662011-01-10T07:46:04.422-06:002011-01-10T07:46:04.422-06:00On further consideration, how about this: Add a b...On further consideration, how about this: Add a balanced budget Constitutional amendment and a list of "low hanging fruit" budget cuts (reclaiming unspent TARP or stimulus money, for example) to a SHORT term-- 2 or 3 month extension. Two months hence, add some MORE budget cuts to another two month extension. Lather, rinse, repeat. <br /><br />J. EwingAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-423868999082505525.post-84802149517288163252011-01-08T19:09:45.784-06:002011-01-08T19:09:45.784-06:00Yes we do deserve better. We deserve better than O...Yes we do deserve better. We deserve better than Obama!MikeWBLhttps://www.blogger.com/profile/16927687039951665644noreply@blogger.comtag:blogger.com,1999:blog-423868999082505525.post-66770588491113367012011-01-08T10:07:57.716-06:002011-01-08T10:07:57.716-06:00"The fact that we are here today to debate ra..."The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the U.S. Government can’t pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies. … Increasing America’s debt weakens us domestically and internationally. Leadership means that ‘the buck stops here. Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better."<br /><br />Sen. Barack Obama D-Ill<br />2006Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-423868999082505525.post-21912314587829375422011-01-04T17:48:09.750-06:002011-01-04T17:48:09.750-06:00I agree with you that there is "no turkey col...I agree with you that there is "no turkey cold enough" to avoid raising the debt ceiling a couple of months from now. But I will point out that we go through this song and dance year in and year out, sometimes more than once a year, and we never get the turkey even plucked, let alone cold. I'm waiting for some description of what possible legislation could be attached to this debt limit increase that would finally and completely eliminate the need to do it again. Perhaps the threat of cold turkey-- taking this right to the brink-- might make our legislators "scared straight"?<br /><br />J. EwingAnonymousnoreply@blogger.com