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  1. #11
    Part-Time Polemic Senior Member ICantSpellDawg's Avatar
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    Default Re: US gubmint shutdown + default + subprime sequel?

    What happens when you stop paying property taxes? We're all renters, my friend. How am I off the deep end on this issue? What do you think is going to happen to our country? We are already bankrupt, but other nations have been afraid to call us on it. I'm open to increased taxes generally, especially for salaries over 250k, but I know that the government will just squander it in the form of pay raises for employees and programs which are already paid too much, rather than use it for anything bold or necessary. I recognize that our ability to increase our credit limit is just a way to further compound how screwed we are. It's only a matter of time before we are forced to liquidate. We should not increase our debt limit unless we can get spending under control. It is responsible govenrment to push this to the brink now, while we still have options rather than later, when we inevitably wont. People are just afraid of "brinksmanship", but "politics" has only put us in the poor box.

    I'm an extremist in my moderation. Politically I am within the margin of error. I like balance, but balance does not exist here.
    Last edited by ICantSpellDawg; 07-24-2011 at 02:10.
    "That rifle hanging on the wall of the working-class flat or labourer's cottage is the symbol of democracy. It is our job to see that it stays there."
    -Eric "George Orwell" Blair

    "If the policy of the government, upon vital questions affecting the whole people, is to be irrevocably fixed by decisions of the Supreme Court...the people will have ceased to be their own rulers, having to that extent practically resigned the government into the hands of that eminent tribunal."
    (Lincoln's First Inaugural Address, 1861).
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