Debt Ceiling 2023

Discussion in 'Politics' started by UsualName, May 22, 2023.

  1. UsualName

    UsualName

    I don’t know if there is a thread for this yet buuut we are getting down to it.

    I’m pretty sure House Republicans couldn’t pass a breathalyzer let alone any deal McCarthy works out with Biden and Biden made a comment about invoking the 14th amendment to bypass congress yesterday or the day before.

    Anywayz, it’s getting interesting…
     
    gwb-trading and Ricter like this.
  2. Cuddles

    Cuddles

    i gotchu:
    https://www.elitetrader.com/et/thre...-gqp-manufactured-crisis.374013/#post-5802134
     
  3. Tony Stark

    Tony Stark

    Biden has loss already by negotiating with than offering concessions to the terrorists.He is one of the weakest most pathetic presidents ever.
     
  4. UsualName

    UsualName

    I kind of agree that Biden making any concessions is a loss. The precedent it sets is more dangerous than the threat of default.

    On the flip side, what is good for the goose is good for the gander. Democrats can now use default as leverage for their budgetary priorities.

    However, like I said, I doubt the House can pass whatever deal McCarthy can get with Biden and they will be back to square one on the eve of default is my guess.
     
  5. Tony Stark

    Tony Stark

    Trump or desantis will tell dems to kick rocks if they try to pull this shit,Trump already did during his presidency.


    Invoke the 14th,mint a few trillion dollar coins than tell republicans to fuck themselves.
     
  6. That 14th amendment scam is headed nowhere. One would have to be on drugs- and many dems are- to believe that that clause in the Constitution refers to anything or any subject other than settling Civil War debts. More importantly to even try to go that route would put the whole beltway into a tailspin that would end any other settlement talks and have explosively negative outcomes.
     
  7. gwb-trading

    gwb-trading

  8. Cuddles

    Cuddles

    lolno. The precedent was set in 2011 already when they extracted concessions from Obama over the exact same shit.
     
  9. Cuddles

    Cuddles

    upload_2023-5-22_16-59-18.png
     
  10. UsualName

    UsualName

    Nah. Although it has not been needed to be applied, the public debt provision applies beyond debt incurred beyond the civil war.
     
    #10     May 22, 2023