BellGab.com Archive

So, Art joins the Alec Baldwinians in threatening to leave the country if the dastardly Republicans get their mean-spirited way and force the Fed to default....   He quotes the Treasury Departments dire predictions of what would happens should a default occur.  Remember the predictions of what would happen in the event of a Federal shutdown?  And now we find out that only 17% of the government is actually on furlough.   The default will be another Y2K in a teapot. Federal government spending is the real threat here that everyone is ignoring. If we don't stop it, we will face real consequences.  If the O-Regime continues to refuse to negotiate spending, a default will be the least of our worries.

The USA is bankrupt and needs to start over and tell the Chinese to start eating their gold.

Quote from: ieboku on October 08, 2013, 06:45:43 AM
So, Art joins the Alec Baldwinians in threatening to leave the country if the dastardly Republicans get their mean-spirited way and force the Fed to default....   He quotes the Treasury Departments dire predictions of what would happens should a default occur.  Remember the predictions of what would happen in the event of a Federal shutdown?  And now we find out that only 17% of the government is actually on furlough.   The default will be another Y2K in a teapot. Federal government spending is the real threat here that everyone is ignoring. If we don't stop it, we will face real consequences.  If the O-Regime continues to refuse to negotiate spending, a default will be the least of our worries.

The USA is bankrupt and needs to start over and tell the Chinese to start eating their gold.

As a Conservative, I am still waiting for Alec Baldwin to leave the country as he promised but I'm not going to hold my breath.
Art confuses default with failing to extend the debt limit, which Congress has done for years.
I'm surprised by his lack of basic economic knowledge.

As not being in either party, I'd like to direct people to the IRS site showing what the actual incoming tax revenue is vs what our gov will pay in interest per day on debit.

They will not default. X is greater than Y. If there is a default, it is because the gov is spending money in a black hole they don't want us to see and are covering all up.

There is your somewhat legit conspiracy theory for the week.

Quote from: Falkie2013 on October 08, 2013, 11:21:36 AM
As a Conservative, I am still waiting for Alec Baldwin to leave the country as he promised but I'm not going to hold my breath.
Art confuses default with failing to extend the debt limit, which Congress has done for years.
I'm surprised by his lack of basic economic knowledge.

I just wish Baldwin would leave my TV screen, especially his lame credit card commercials. 

Quote from: ItsOver on October 08, 2013, 03:22:50 PM
I just wish Baldwin would leave my TV screen, especially his lame credit card commercials. 

Better than Stephen Baldwin's tedious tooth whitener ad that plays during Somewhere in Time.  (Yes, I still listen - man those were some good shows!)

Quote from: ieboku on October 08, 2013, 06:45:43 AM
So, Art joins the Alec Baldwinians in threatening to leave the country if the dastardly Republicans get their mean-spirited way and force the Fed to default....   He quotes the Treasury Departments dire predictions of what would happens should a default occur.  Remember the predictions of what would happen in the event of a Federal shutdown?  And now we find out that only 17% of the government is actually on furlough.   The default will be another Y2K in a teapot. Federal government spending is the real threat here that everyone is ignoring. If we don't stop it, we will face real consequences.  If the O-Regime continues to refuse to negotiate spending, a default will be the least of our worries.

The USA is bankrupt and needs to start over and tell the Chinese to start eating their gold.

Yeah, but it's not.  We don't begin to scratch the surface of the wealth we generate as a nation.  Plus we bury ourselves in interest and fees rather than "tax & spend".  So short sighted. 
Do we need to cut spending?  Of course we do, but to say we're "bankrupt" ignores the reality of this nation's economic power.
The Chinese can, however, go eat their gold.

Quote from: NowhereInTime on October 08, 2013, 05:51:02 PM
Better than Stephen Baldwin's tedious tooth whitener ad that plays during Somewhere in Time.  (Yes, I still listen - man those were some good shows!)

At least I don't have to look at Stephen when he does those ads.    With "The Other," I have to mute AND turn away.   I can't stand looking at his shit eating smirk.  What an ego maniac.  The bear ate the wrong guy in "The Edge."  No acting required of him in that movie.  He just played his insufferable self.

Quote from: Wintermute on October 08, 2013, 03:01:35 PM

They will not default. X is greater than Y. If there is a default, it is because the gov is spending money in a black hole they don't want us to see and are covering all up.

There is your somewhat legit conspiracy theory for the week.

I'm with you on that conspiracy theory.

A little duality for you guys:



But hey, I'm just a racist...

I got a letter from our health insurance carrier - they're dropping us as of December, thanks to the ACA/Obamacare.   I do nothing wrong, and I get screwed.  At this point, F-IT.  Let this system crash.

You're just a racist that hates poor people and wants to throw old people off a cliff.

Quote from: area51drone on October 09, 2013, 12:58:18 AM
I got a letter from our health insurance carrier - they're dropping us as of December, thanks to the ACA/Obamacare.   I do nothing wrong, and I get screwed.  At this point, F-IT.  Let this system crash.

The Federal government brings in about $200 billion per month on average.  They pay about $20 billion per month in interest on the outstanding national debt.  That leaves about $180 billion per month for new spending.

The Social Security System is not included in that.  Every month SS brings in more than the amount that goes out, and always has, except for a short period around 2010 or so.   (At some point down the road it will start to pay out more than it takes in, but we aren't there yet)


Anyone - like Obama or the Media - that says were are going to default if the borrowing limit is not raised is lying - flat out.  What will happen (unless Obama does something else illegal, like ignoring the debt limit), is any new spending in excess of that additional $180 billion coming in per month is not authorized, and the federal government will have to limit itself to spending just that.

As for his threat that Social Security checks 'might' not go out - that is another lie.  They are required by law to go out and enough Social Security funds are coming in to pay for that.  If those checks don't go out, he and everyone involved should be removed and jailed immediately.


The Media is supposed to be the watchdog.  They are supposed to report accurately, provide us with the views from both sides, and point out lies like the ones Obama has been telling about all this.  Instead they join in.  And we still get people pointing only to Fox News as irresponsible and dishonest.

The US Military needs to step in and restore The Constitution.

And it wouldn't hurt if they had a "glitch" and accidentally blew up every progressivesociocommunist media asset and employee in the process.

Hey, shit happens...

Quote from: Paper*Boy on October 09, 2013, 01:34:34 AM
The Federal government brings in about $200 billion per month on average.  They pay about $20 billion per month in interest on the outstanding national debt.  That leaves about $180 billion per month for new spending.

The Social Security System brings in more than it spends every month, and has except for a short period around 2010 or so. 


Anyone - like Obama or the Media - that says were are going to default if the borrowing limit is not raised is lying flat out.  What will happen (unless Obama does something else illegal, like ignoring the debt limit), is new spending in excess of that additional $180 billion coming in per month.

As of as his threat that Social Security checks 'might' not go out - that is another lie.  They are required to go out and enough Social Security funds are coming in to pay for that.  If those checks don't go out, he and everyone involved should be removed and jailed immediately.


The Media is supposed to be the watchdog.  They are supposed to report evenly, get both sides, and point of lies like the ones Obama has been telling about all this.  Instead they are joining in.  And we still get people pointing only to Fox News as irresponsible and dishonest.

Quote from: Quick Karl on October 09, 2013, 01:40:37 AM
The US Military needs to step in and restore The Constitution...

That's how it works in Banana Republics.  And we seem to have a tin horn dictator wannabe that operates like he's in a Banana Republic.

When half the population wants an imaginary socialist-utopian-entitlement-State and the right to what some of their "fellow citizens" have (if they are in the "other party"), reason and logic is never going to work...

You know, I've never once heard anyone on the left get hysterical at the money George Soros has...I mean, he has so much that surely he would not miss half of it. That would go a very long way to improving the budget problems.

Quote from: Paper*Boy on October 09, 2013, 01:46:28 AM

That's how it works in Banana Republics.  And we seem to have a tin horn dictator wannabe that operates like he's in a Banana Republic.

I've often wondered what the hell Obama has been doing since about the time he left Community College in California.  Other than practicing with the tele-prompter.  There are claims that he attended a few Ivy League colleges, but I'm not sure there is any real evidence of that.  No one seems to remember him, and he keeps his personal documents sealed up.

At some point he surfaced in Chicago.  We know he taught Constitutional law part time.  We know he chose 60s bomber Bill Ayres and Rev Wright from that racist Marxist church as mentors.  He rose through the ranks of the corrupt Daley Machine to become a State Senator then a US Senator.  He didn't have any legislative accomplishments other than to be a reliable Left-wing hack (providing votes and issuing statements as needed).


The Constitutional Lawyer role is a clue.  Whenever a Leftist is involved with that, their main focus is typically trying to figure out where it is the weakest and ways to undermine it and go around it.

With all the illegal acts he has done, all the different ways he's undermined it, gone around it, and found vulnerable areas to attack it - and the success he's had doing it, it looks to me like he spent his years as an adult studying exactly that and preparing.  He seems to have a plan for every opportunity.

Like now -

- doesn't get a budget to his liking:  unlike every single past President, he just lets the government shut down and refuses to lead, budge, or discuss any of it.  He has his accomplices in the media carry his water.  Makes things as tough for regular people as possible, but keeps what he wants open.

- debt limit not raised:  threaten SS checks and lie about 'defaults'.  Again let the Media run interference for him. 

He's even sending out 'experts' claim the 14th Amendment gives him the obligation to ignore the debt limit (basically Section 4 says the public debt must be paid).  The flaw in this is the Amendment is talking about existing debt, not creating new debt with new spending. 

So it looks like he is ginning up for another illegal act - creating a rationalization for ignoring the debt limit, and claiming he has no choice.  Doing so eliminates the need for a legislature.  It's just the President deciding how much to spend and on what. 

And again, if he does that - he and everyone involved should be immediately removed and jailed.

Quote from: Quick Karl on October 09, 2013, 02:06:40 AM
... You know, I've never once heard anyone on the left get hysterical at the money George Soros has...

And he made a lot (most?) of that money in just about the worst way possible - intentionally destroying the currencies of poor third world countries.


No one is ever concerned about the money the Hollywood Left has either.  Or people like the Kennedy's, Blum and Feinstein, the Pelosi's - the list of politicians enriching themselves is a mile long.  Look how much poor ol' Bubba and Mrs Clinton have cashed in on since coming to Washington.  Look at Harry Reid's land deals, or the way Obama got his house. 

Remember the go-go 90's, all the new IPOs the DC politicians were offered before ordinary citizens were able to buy the hot new stocks.  They flipped them at the opening bell for a big profit, whether anyone else made money or not.  Think they are still getting in on the new ones, like Twitter. 

No coverage.  Never a word about any of it.  It's probably considered 'old news'.

The only People in this country that might do what you suggest, is the Military...

The Republican machine will never do it - they're all corrupt and in on the "transformation".

Quote from: Paper*Boy on October 09, 2013, 02:13:44 AM
I've often wondered what the hell Obama has been doing since about the time he left Community College in California.  Other than practicing with the tele-prompter.  There are claims that he attended a few Ivy League colleges, but I'm not sure there is any real evidence of that.  No one seems to remember him, and he keeps his personal documents sealed up.

At some point he surfaced in Chicago.  We know he taught Constitutional law part time.  We know he chose 60s bomber Bill Ayres and Rev Wright from that racist Marxist church as mentors.  He rose through the ranks of the corrupt Daley Machine to become a State Senator then a US Senator.  He didn't have any legislative accomplishments other than to be a reliable Left-wing hack (providing votes and issuing statements as needed).


The Constitutional Lawyer role is a clue.  Whenever a Leftist is involved with that, their main focus is typically trying to figure out where it is the weakest and ways to undermine it and go around it.

With all the illegal acts he has done, all the different ways he's undermined it, gone around it, and found vulnerable areas to attack it - and the success he's had doing it, it looks to me like he spent his years as an adult studying exactly that and preparing.  He seems to have a plan for every opportunity.

Like now -

- doesn't get a budget to his liking:  unlike every single past President, he just lets the government shut down and refuses to lead, budge, or discuss any of it.  He has his accomplices in the media carry his water.  Makes things as tough for regular people as possible, but keeps what he wants open.

- debt limit not raised:  threaten SS checks and lie about 'defaults'.  Again let the Media run interference for him. 

He's even sending out 'experts' claim the 14th Amendment gives him the obligation to ignore the debt limit (basically Section 4 says the public debt must be paid).  The flaw in this is the Amendment is talking about existing debt, not creating new debt with new spending. 

So it looks like he is ginning up for another illegal act - creating a rationalization for ignoring the debt limit, and claiming he has no choice.  Doing so eliminates the need for a legislature.  It's just the President deciding how much to spend and on what. 

And again, if he does that - he and everyone involved should be immediately removed and jailed.