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  1. #1
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    Default McCarthy tries to wrangle Republicans on debt limit bill

    Here we go again I keep wondering if the US cannot default on its debt by law, what happens if no agreement is reached? If I was the US Government's employer I'd fire them. Can't even balance the checkbook

    https://thehill.com/homenews/house/3...bt-limit-bill/
    “When bad men combine, the good must associate; else they will fall, one by one, an unpitied sacrifice in a contemptible struggle.” Edumnd Burke

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    Quote Originally Posted by Gunny View Post
    Here we go again I keep wondering if the US cannot default on its debt by law, what happens if no agreement is reached? If I was the US Government's employer I'd fire them. Can't even balance the checkbook

    https://thehill.com/homenews/house/3...bt-limit-bill/
    Biden may let it go over a cliff and blame congress just like his mentor did.

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    Quote Originally Posted by Black Diamond View Post
    Biden may let it go over a cliff and blame congress just like his mentor did.
    But how does it do that? I have no doubt that some of these whack-job politicians on both right and left, not just Comrade Biden, would love to let it happen because all they exist for is to fuck us.

    If it is impossible under the Constitution to default on the "public" (spelled: political) debt, does numbnuts and not signing what the Ringling Brothers come up with override the law? Is there a mechanism in place that steps in and overrides the politicians? The What remains of the Constitution still overrides temporary, elected seat-fillers.
    “When bad men combine, the good must associate; else they will fall, one by one, an unpitied sacrifice in a contemptible struggle.” Edumnd Burke

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