Tiger Board Logo

Donor's Den General Leaderboards TNET coins™ POTD Hall of Fame Map FAQ
search
GIVE AN AWARD
Use your TNET coins™ to grant this post a special award!
W
50
Big Brain
90
Love it!
100
Cheers
100
Helpful
100
Made Me Smile
100
Great Idea!
150
Mind Blown
150
Caring
200
Flammable
200
Hear ye, hear ye
200
Bravo
250
Nom Nom Nom
250
Take My Coins
500
Ooo, Shiny!
700
Treasured Post!
1000
YOUR BALANCE
Debt ceilings are unconstitutional.....yes or no?
storage This topic has been archived - replies are not allowed.
Archives - General Boards Archive
add New Topic
Replies: 7
| visibility 434

Debt ceilings are unconstitutional.....yes or no?


Sep 30, 2021, 4:38 PM

I think most would agree that because so many politicians are unusually motivated by their own self-interest, rather than the nation's interest, a separate requirement is an unconstitutional subversion of the full faith and credit of the United States.

flag link military_tech thumb_downthumb_up

I don’t know if it’s unconstitutional, but I will say


Sep 30, 2021, 4:44 PM

I think the debt ceiling should be voted on at least 5 years in advance. That way we’re not faced with bureaucrats fighting for their personal pork bills when we somehow... out of nowhere... run out of money again.

2024 orange level memberbadge-donor-10yr.jpg flag link military_tech thumb_downthumb_up

5 years? Better make it $100 trillion then.***


Sep 30, 2021, 4:55 PM



2024 orange level memberbadge-donor-15yr.jpgringofhonor-tiggity-110.jpg flag link military_tech thumb_downthumb_up


I wish you were wrong.


Sep 30, 2021, 6:05 PM

But that’s sort of my point.

2024 orange level memberbadge-donor-10yr.jpg flag link military_tech thumb_downthumb_up

Well, at least we know where this goes.


Sep 30, 2021, 7:39 PM

This should send stocks MUCh higher tomorrow. Debt stays cheap and cheap debt is more valuable than a deflated dollar.

https://www.cnbc.com/2021/09/30/yellen-lends-support-for-effort-to-remove-the-debt-ceiling-altogether.html
Yellen lends support for effort to remove the debt ceiling altogether
Treasury Secretary Janet Yellen said Thursday she would just as soon see the power over debt limits taken away from Congress.
2024 orange level memberbadge-donor-15yr.jpgringofhonor-tiggity-110.jpg flag link military_tech thumb_downthumb_up


Re: Debt ceilings are unconstitutional.....yes or no?


Sep 30, 2021, 6:19 PM

It doesn’t matter what they raise it to, it will never be enough.

military_donation.jpg flag link military_tech thumb_downthumb_up

Re: Debt ceilings are unconstitutional.....yes or no?


Sep 30, 2021, 8:19 PM

They don’t work because we elect a new Congress every couple of years. The people who voted to spend the money two to four years ago are the same people who now are refusing to pay for their own spending. Why?

The hypocrisy is staggering.

flag link military_tech thumb_downthumb_up

Re: Debt ceilings are unconstitutional.....yes or no?


Oct 1, 2021, 11:38 AM

probably yes, but so are continuing resolutions

military_donation.jpg flag link military_tech thumb_downthumb_up

Replies: 7
| visibility 434
📰 E-Mail News Alerts

TigerBoard POTD

I feel as though I owe each of you an explanation....

by BengalBen®

Archives - General Boards Archive
add New Topic