Replying to Avatar jimmysong

I, for one, am rooting for a debt ceiling impasse and seeing what happens on June 1. There's no way the government even knows how much it owes, let alone the budgets of all the many different departments, many of which are off-book.

A default will end with more audits. In an obviously opaque system like we have, that would be a very good thing.
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Neopatriarch 2y ago

They will absolutely vote to raise the debt ceiling. There will be hemming and hawing but it's all just theater for them.

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Mike Hotel 2y ago

I think Ron Paul said that they will always pass the debt ceiling bills.

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Neopatriarch 2y ago

And Ron Paul was right. He had an insiders view and he told everyone that. Still no change. It's almost like that's the plan.

Obama once said referring to raising the debt ceiling, That's how budgeting is done.

And sure it is, when you have access to magic money printing, and you're ready to kill people that won't take it .