This will stir the pot! US hits $14 trillion debt limit.

Point of clarification: Reagan exploded the debt. Bush continued it.

KHONDAHM wrote:Wow! I do not know where to begin with a reply. Perhaps with a factual reading material suggestion?

http://www.amazon.com/End-Fed-Ron-Paul/dp/0446549193

Please...do read it. Helps with the posting. Let me know when you're done. Then we won't have anything to debate and can enjoy that game all the more along with some buffalo wings and fries - my treat.

I really don't have any interest in debating, or rebutting, Ron Paul, nor in any reading assignments. I have read a bit of his work, and understand it. Seems perfectly reasonable, if taken out of context of current reality.

The problem is that we are where we are. And my interest is in hearing what YOU think we should do, what YOU think is possible, not in Fantasyland, but, now given current choices.

I can post links, too, but, in the end, it's what I believe that counts. And I'm on the record.

Wings and fries gratefully accepted; allow me to pick up the beer/coke/Absinthe or whatever you like to imbibe, as you get your clock cleaned on the pool table.

Fair enough, but I defer to that book soley for a factual accounting of history (dollar, deficit, debt, political accountability, etc.), not necessarily for prognostication or suggestions about what should be done. The facts laid out are both irrefutable and compelling. However, when Paul speaks/writes, he does so primarily from the standpoint of theory given a perfectly imperfect world where free-market forces force change. The huge problem with that is that in the real world, change happens at extremes because tolerance for the status quo and fear of change is very high.

Your statement "it's what I believe that counts" is a bit interesting, though. It infers that you may not be consciously aware that you are probably a citizen of your own Fantasyland. What I "believe" are facts. The future is not a fact, so I could not in good conscious offer solutions to the current situation other than to say based on the trend of the facts and my opinion of the likelihood of much of the doom and gloom prognostication coming true that it would be wise and prudent to get the hell out of the USA and the USD - which I have done.

That will be an iced tea, no milk, please. Carbonation and I get along like Republicans and reality. You break, then please have a seat and tell the server to keep my fries hot.

Spoken like a true gentleman, it will be my pleasure to scarf your fries while you pocket (all but the last) balls.

What I meant by "it's what I believe that counts" is that when conversing with someone, for me, the interesting part is what that person believes, what conclusions he/she has drawn from experience, and how they arrived there, NOT a verbatim regurgitation of something they have read.

I think we're on the same page.

Beware of spit in the chalk.

Sateev wrote:I think we're on the same page.

Indeed, we seem to be.

Feel for your chair before blindly sitting down.