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Cronus Protagonist (1000+ posts) Send PM | Profile | Ignore | Sun Jul-17-11 10:13 PM Original message |
Who loses the most if the debt ceiling is not raised? RICH REPUBLICANS |
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LetTimmySmoke (970 posts) Send PM | Profile | Ignore | Sun Jul-17-11 10:17 PM Response to Original message |
1. That's a terrible idea. |
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Cronus Protagonist (1000+ posts) Send PM | Profile | Ignore | Sun Jul-17-11 10:27 PM Response to Reply #1 |
6. Strange assertions there |
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emsimon33 (904 posts) Send PM | Profile | Ignore | Mon Jul-18-11 03:00 AM Response to Reply #1 |
57. But they already do |
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nadinbrzezinski (1000+ posts) Send PM | Profile | Ignore | Sun Jul-17-11 10:18 PM Response to Original message |
2. The country... the WHOLE COUNTRY |
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Cronus Protagonist (1000+ posts) Send PM | Profile | Ignore | Sun Jul-17-11 10:28 PM Response to Reply #2 |
7. I can tell you it means FUCK ALL to me |
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nadinbrzezinski (1000+ posts) Send PM | Profile | Ignore | Sun Jul-17-11 10:39 PM Response to Reply #7 |
13. Having lived through one I can tell you that you are dead wrong |
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Cronus Protagonist (1000+ posts) Send PM | Profile | Ignore | Sun Jul-17-11 11:03 PM Response to Reply #13 |
22. The debt ceiling will be raised |
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nadinbrzezinski (1000+ posts) Send PM | Profile | Ignore | Sun Jul-17-11 11:10 PM Response to Reply #22 |
29. It was invented in 1912... |
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Cronus Protagonist (1000+ posts) Send PM | Profile | Ignore | Sun Jul-17-11 11:57 PM Response to Reply #29 |
36. nihilism? |
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nadinbrzezinski (1000+ posts) Send PM | Profile | Ignore | Mon Jul-18-11 12:29 AM Response to Reply #36 |
45. Yes on BOTH SIDES |
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Cronus Protagonist (1000+ posts) Send PM | Profile | Ignore | Mon Jul-18-11 02:03 PM Response to Reply #45 |
69. Well, I disagree on your interpretation of nihilism |
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A Simple Game (1000+ posts) Send PM | Profile | Ignore | Mon Jul-18-11 07:22 PM Response to Reply #22 |
82. Are you arguing against yourself? |
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Cronus Protagonist (1000+ posts) Send PM | Profile | Ignore | Wed Jul-20-11 01:29 PM Response to Reply #82 |
86. Gosh, are you really having that much difficulty understanding this? |
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A Simple Game (1000+ posts) Send PM | Profile | Ignore | Mon Jul-18-11 06:10 PM Response to Reply #7 |
81. I don't know where this rich will suffer meme got started, do you have a source? |
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JDPriestly (1000+ posts) Send PM | Profile | Ignore | Mon Jul-18-11 12:27 AM Response to Reply #2 |
43. I'd rather see a total default than a partial default on Social Security. |
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nadinbrzezinski (1000+ posts) Send PM | Profile | Ignore | Mon Jul-18-11 12:36 AM Response to Reply #43 |
49. The GOP is fracturing... |
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JDPriestly (1000+ posts) Send PM | Profile | Ignore | Mon Jul-18-11 01:55 AM Response to Reply #49 |
52. I'm in California. |
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nadinbrzezinski (1000+ posts) Send PM | Profile | Ignore | Mon Jul-18-11 02:00 AM Response to Reply #52 |
53. There are way too many parallels to 1859 |
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JDPriestly (1000+ posts) Send PM | Profile | Ignore | Mon Jul-18-11 02:33 AM Response to Reply #53 |
55. True. |
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nadinbrzezinski (1000+ posts) Send PM | Profile | Ignore | Mon Jul-18-11 02:53 AM Response to Reply #55 |
56. Yep, and of course we have those who think |
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JDPriestly (1000+ posts) Send PM | Profile | Ignore | Mon Jul-18-11 01:00 PM Response to Reply #56 |
60. If social programs are cut more than they have been, we will |
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nadinbrzezinski (1000+ posts) Send PM | Profile | Ignore | Mon Jul-18-11 01:34 PM Response to Reply #60 |
68. Multiply what you saw by orders of magnitude |
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JDPriestly (1000+ posts) Send PM | Profile | Ignore | Mon Jul-18-11 08:32 PM Response to Reply #68 |
85. Unfortunately, I fear that you are right. |
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Cronus Protagonist (1000+ posts) Send PM | Profile | Ignore | Mon Jul-18-11 02:04 PM Response to Reply #60 |
70. They will not default. |
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napoleon_in_rags (1000+ posts) Send PM | Profile | Ignore | Sun Jul-17-11 10:22 PM Response to Original message |
3. Freedom is just another word for _______ ____ __ ____. |
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pnwmom (1000+ posts) Send PM | Profile | Ignore | Sun Jul-17-11 10:23 PM Response to Original message |
4. Wrong. Interest rates will jump up, which will impact anyone |
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Cronus Protagonist (1000+ posts) Send PM | Profile | Ignore | Sun Jul-17-11 10:34 PM Response to Reply #4 |
8. WRONG. It will not impact me. |
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nadinbrzezinski (1000+ posts) Send PM | Profile | Ignore | Sun Jul-17-11 10:40 PM Response to Reply #8 |
15. You think food is expensive right now? |
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Cronus Protagonist (1000+ posts) Send PM | Profile | Ignore | Sun Jul-17-11 11:00 PM Response to Reply #15 |
19. Irellevant. |
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pnwmom (1000+ posts) Send PM | Profile | Ignore | Sun Jul-17-11 11:04 PM Response to Reply #19 |
23. Oh, so you don't eat food? Or pay for electricity? Or gasoline? |
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Cronus Protagonist (1000+ posts) Send PM | Profile | Ignore | Sun Jul-17-11 11:05 PM Response to Reply #23 |
25. Again, you are being taken in by shrewd manipulation |
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pnwmom (1000+ posts) Send PM | Profile | Ignore | Sun Jul-17-11 11:07 PM Response to Reply #25 |
27. Maybe you should read your OP. You claim that the wealthy |
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Cronus Protagonist (1000+ posts) Send PM | Profile | Ignore | Sun Jul-17-11 11:59 PM Response to Reply #27 |
37. They would lose more dollars than the rest of us combined |
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pnwmom (1000+ posts) Send PM | Profile | Ignore | Mon Jul-18-11 01:34 AM Response to Reply #37 |
50. They will lose dollars they don't need to survive. And many of them |
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A Simple Game (1000+ posts) Send PM | Profile | Ignore | Mon Jul-18-11 07:37 PM Response to Reply #50 |
83. Exactly, the only thing that may hurt the wealthy is if the dollar loses most of it's value. |
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JDPriestly (1000+ posts) Send PM | Profile | Ignore | Mon Jul-18-11 12:34 AM Response to Reply #27 |
48. The people who own the debt are wealthy. |
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former9thward (1000+ posts) Send PM | Profile | Ignore | Mon Jul-18-11 02:16 PM Response to Reply #48 |
76. "They buy bonds to avoid paying taxes on their profits" |
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JDPriestly (1000+ posts) Send PM | Profile | Ignore | Mon Jul-18-11 05:31 PM Response to Reply #76 |
80. They don't have to pay federal taxes on their state bond earnings I believe. |
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nadinbrzezinski (1000+ posts) Send PM | Profile | Ignore | Sun Jul-17-11 11:13 PM Response to Reply #19 |
30. How many defaults have you lived through? |
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Cronus Protagonist (1000+ posts) Send PM | Profile | Ignore | Mon Jul-18-11 12:00 AM Response to Reply #30 |
38. It won't happen. |
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nadinbrzezinski (1000+ posts) Send PM | Profile | Ignore | Mon Jul-18-11 12:28 AM Response to Reply #38 |
44. Tell that to Carter |
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Cronus Protagonist (1000+ posts) Send PM | Profile | Ignore | Sun Jul-17-11 11:00 PM Response to Reply #15 |
20. double post |
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JDPriestly (1000+ posts) Send PM | Profile | Ignore | Mon Jul-18-11 12:30 AM Response to Reply #15 |
47. True. Farmers will be delighted. |
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pnwmom (1000+ posts) Send PM | Profile | Ignore | Sun Jul-17-11 11:02 PM Response to Reply #8 |
21. No, you're not thinking this out. People with plenty of money |
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Cronus Protagonist (1000+ posts) Send PM | Profile | Ignore | Sun Jul-17-11 11:04 PM Response to Reply #21 |
24. They will not let it default, ergo your complaint is moot |
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pnwmom (1000+ posts) Send PM | Profile | Ignore | Sun Jul-17-11 11:05 PM Response to Reply #24 |
26. Your whole premise is wrong. "Who loses the most" isn't |
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metalbot (234 posts) Send PM | Profile | Ignore | Mon Jul-18-11 01:09 PM Response to Reply #8 |
63. While I agree that the debt ceiling WILL get raised (to protect the wealthy), you would be impacted |
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Cronus Protagonist (1000+ posts) Send PM | Profile | Ignore | Mon Jul-18-11 02:05 PM Response to Reply #63 |
71. If you agree it will get raised, and it will, the gloom and doom scenario is moot |
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JuniperLea (1000+ posts) Send PM | Profile | Ignore | Mon Jul-18-11 02:30 PM Response to Reply #8 |
78. Your post here proves without question that you have no clue... |
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JDPriestly (1000+ posts) Send PM | Profile | Ignore | Mon Jul-18-11 12:30 AM Response to Reply #4 |
46. That is true unless they are bondholders. |
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FreakinDJ (1000+ posts) Send PM | Profile | Ignore | Sun Jul-17-11 10:26 PM Response to Original message |
5. How many countries hold US Dollars in their reserves |
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Cronus Protagonist (1000+ posts) Send PM | Profile | Ignore | Sun Jul-17-11 10:36 PM Response to Reply #5 |
10. It doesn't matter, the Republcians will RAISE THE LIMIT! |
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FreakinDJ (1000+ posts) Send PM | Profile | Ignore | Sun Jul-17-11 10:42 PM Response to Reply #10 |
16. Agreed - it is "Brinkmenship" |
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deacon (1000+ posts) Send PM | Profile | Ignore | Sun Jul-17-11 10:36 PM Response to Original message |
9. Big business will ring their collective necks thin if they allow a default. n/t |
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Cronus Protagonist (1000+ posts) Send PM | Profile | Ignore | Sun Jul-17-11 10:38 PM Response to Reply #9 |
12. And they ARE big business, ergo they WILL NOT LET IT DEFAULT! |
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pa28 (1000+ posts) Send PM | Profile | Ignore | Sun Jul-17-11 10:36 PM Response to Original message |
11. Their bluff is ridiculously transparent. |
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Cronus Protagonist (1000+ posts) Send PM | Profile | Ignore | Sun Jul-17-11 10:40 PM Response to Reply #11 |
14. Our own side are also the RICH and own lots of stock and such like |
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pa28 (1000+ posts) Send PM | Profile | Ignore | Mon Jul-18-11 12:03 AM Response to Reply #14 |
41. You are very right on this issue. |
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A Simple Game (1000+ posts) Send PM | Profile | Ignore | Mon Jul-18-11 07:47 PM Response to Reply #14 |
84. They are smart enough to be rich, smart enough to have power, but |
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DearAbby (1000+ posts) Send PM | Profile | Ignore | Mon Jul-18-11 01:11 PM Response to Reply #11 |
64. And Obama called the bluff with one of his own |
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AndyTiedye (1000+ posts) Send PM | Profile | Ignore | Sun Jul-17-11 10:53 PM Response to Original message |
17. SOME Rich Repigs Will Make a Killing on their Ultrashort ETFs |
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pnwmom (1000+ posts) Send PM | Profile | Ignore | Sun Jul-17-11 11:09 PM Response to Reply #17 |
28. Either they will make a killing, or they will at least be buffered |
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AndyTiedye (1000+ posts) Send PM | Profile | Ignore | Sun Jul-17-11 11:14 PM Response to Reply #28 |
31. I Know. The Repigs are Practicing the Snidely Whipsnade School of Politics |
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Incitatus (1000+ posts) Send PM | Profile | Ignore | Sun Jul-17-11 11:17 PM Response to Reply #17 |
33. if this happens, the destruction will PALE in comparison to the Bush recession.. |
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Speck Tater (1000+ posts) Send PM | Profile | Ignore | Sun Jul-17-11 10:56 PM Response to Original message |
18. Personally, I'm learning to speak Spanish. |
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Historic NY (1000+ posts) Send PM | Profile | Ignore | Sun Jul-17-11 11:16 PM Response to Original message |
32. Have we ever not raised it? Lets try defaulting for a change... |
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kenny blankenship (1000+ posts) Send PM | Profile | Ignore | Sun Jul-17-11 11:33 PM Response to Original message |
34. The stock market certainly doesn't believe there's any real chance of default. |
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Cronus Protagonist (1000+ posts) Send PM | Profile | Ignore | Mon Jul-18-11 12:01 AM Response to Reply #34 |
39. They know that, I do, and now the rest of DU does |
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Marr (1000+ posts) Send PM | Profile | Ignore | Mon Jul-18-11 01:11 PM Response to Reply #34 |
65. Exactly. How many times have we been told that the markets will recoil if they just |
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Cronus Protagonist (1000+ posts) Send PM | Profile | Ignore | Mon Jul-18-11 02:06 PM Response to Reply #65 |
72. I am so glad that you see that too |
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napi21 (1000+ posts) Send PM | Profile | Ignore | Sun Jul-17-11 11:57 PM Response to Original message |
35. You're WRONG! Wealthy people will be able to weather the storm and/or |
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Dawgs (1000+ posts) Send PM | Profile | Ignore | Mon Jul-18-11 07:44 AM Response to Reply #35 |
58. +1. The percentage will be much higher for those that already can't afford things. |
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pansypoo53219 (1000+ posts) Send PM | Profile | Ignore | Mon Jul-18-11 12:01 AM Response to Original message |
40. media whores will blame it on democrats. |
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MilesColtrane (1000+ posts) Send PM | Profile | Ignore | Mon Jul-18-11 12:10 AM Response to Original message |
42. The real rich are who the Washington GOP serves. |
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Major Hogwash (1000+ posts) Send PM | Profile | Ignore | Mon Jul-18-11 01:41 AM Response to Original message |
51. "ergo", I like that. Short, sweet, and to the point. |
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MouseFitzgerald (208 posts) Send PM | Profile | Ignore | Mon Jul-18-11 02:01 AM Response to Original message |
54. Thats the way it should have been since the beginning |
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Cronus Protagonist (1000+ posts) Send PM | Profile | Ignore | Mon Jul-18-11 02:11 PM Response to Reply #54 |
75. Sanity doesn't sell detergent and Dove, which is why all you hear about is armageddon |
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Dawgs (1000+ posts) Send PM | Profile | Ignore | Mon Jul-18-11 07:45 AM Response to Original message |
59. Like your idea of letting them vote on it, but you couldn't be more wrong about who loses the most. |
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closeupready (1000+ posts) Send PM | Profile | Ignore | Mon Jul-18-11 01:02 PM Response to Original message |
61. I saw that almost from Day One. |
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fascisthunter (1000+ posts) Send PM | Profile | Ignore | Mon Jul-18-11 01:07 PM Response to Original message |
62. hoooooo boy, look at what you started |
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JoePhilly (1000+ posts) Send PM | Profile | Ignore | Mon Jul-18-11 01:12 PM Response to Original message |
66. The rich have the assets to ride out any collapse. |
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Cronus Protagonist (1000+ posts) Send PM | Profile | Ignore | Mon Jul-18-11 02:07 PM Response to Reply #66 |
73. There will not be any collapse at all |
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JoePhilly (1000+ posts) Send PM | Profile | Ignore | Mon Jul-18-11 02:24 PM Response to Reply #73 |
77. Which should also be said of your OP then I guess ... its moot. |
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Spike89 (1000+ posts) Send PM | Profile | Ignore | Mon Jul-18-11 01:26 PM Response to Original message |
67. Very common mistake |
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Cronus Protagonist (1000+ posts) Send PM | Profile | Ignore | Mon Jul-18-11 02:09 PM Response to Reply #67 |
74. Yes, but because the people in power will lose a LOT, they will NOT let it default |
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JoePhilly (1000+ posts) Send PM | Profile | Ignore | Mon Jul-18-11 02:30 PM Response to Reply #74 |
79. That's incorrect. |
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