ALEC's Extreme Legislative Agenda for 2014

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  1. #1
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    ALEC's Extreme Legislative Agenda for 2014






    William F. Buckley describes a conservative as, "someone who stands athwart history, yelling Stop." - and then proceeds to drag civilization back to times best left in history's dungheap.

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    Thanks for the info. Shows that it's out there, people just need to quit being lazy and look.
    If gunners were as violent as anti-gunners believe, logically there wouldn't be any anti-gunners left.

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    stopped reading after it said "to the brink of financial default" not raising the debt ceiling will not result in default. it's unbelievable how uneducated some people are. if they were honest, I might have read it.
    -S-

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    Thanx, Lam for the posting this up. But I couldn't read this shit cause it's and those R's are calamitous!



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    Quote Originally Posted by Swiper View Post
    stopped reading
    Of course.
    If gunners were as violent as anti-gunners believe, logically there wouldn't be any anti-gunners left.

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    Quote Originally Posted by Swiper View Post
    stopped reading after it said "to the brink of financial default" not raising the debt ceiling will not result in default. it's unbelievable how uneducated some people are. if they were honest, I might have read it.
    Still totally clueless about how economics works in reality. The current system is based on debt, if the US federal government doesn't spend more money every year the economy will contract, the fact that some of that money is derived from tax revenues is irrelevant.

    The US Treasury wouldn't be able to issue anymore debt via bonds/notes and would actually have to start making payments to bondholders, the top priority of those that hold US debt. The fact is there is no system in place as to the prioritization of payments so what type of cluster fuck do you think that would result in?

    And the long term effects of investors losing the safety of buying debt not knowing if they are going to get paid the interest they are due?
    William F. Buckley describes a conservative as, "someone who stands athwart history, yelling Stop." - and then proceeds to drag civilization back to times best left in history's dungheap.

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    Thx LAM..... 'the rick get richer'... and so it goes.

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    Quote Originally Posted by LAM View Post
    Still totally clueless about how economics works in reality. The current system is based on debt, if the US federal government doesn't spend more money every year the economy will contract, the fact that some of that money is derived from tax revenues is irrelevant.

    The US Treasury wouldn't be able to issue anymore debt via bonds/notes and would actually have to start making payments to bondholders, the top priority of those that hold US debt. The fact is there is no system in place as to the prioritization of payments so what type of cluster fuck do you think that would result in?

    And the long term effects of investors losing the safety of buying debt not knowing if they are going to get paid the interest they are due?
    it's pretty simple. we either cut spending or raise taxes when we hit the debt ceiling to avoid default. what do you think our creditors think when we say we're not going to pay you unless you borrow us more money that we'll never pay you back? the day will come when the world wises up and our creditors will say no more.

    you still don't get it. we need a depression or mass recession to reset the economy to get rid of all the bad investments. a default is actually a good thing and I hope it happens sooner than later. the more we continue on this destructive path the worst the crash will be. you can't have zero percent interest rates, endless printing of money with massive debt. it created huge bubbles in the housing, stock and bond markets that's going to pop soon, maybe even during obamas rein of terror. And he's the last personal I'd want at the helm when this ship sinks.
    -S-

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    Quote Originally Posted by Swiper View Post
    it's pretty simple. we either cut spending or raise taxes when we hit the debt ceiling to avoid default. what do you think our creditors think when we say we're not going to pay you unless you borrow us more money that we'll never pay you back? the day will come when the world wises up and our creditors will say no more.

    you still don't get it. we need a depression or mass recession to reset the economy to get rid of all the bad investments. a default is actually a good thing and I hope it happens sooner than later. the more we continue on this destructive path the worst the crash will be. you can't have zero percent interest rates, endless printing of money with massive debt. it created huge bubbles in the housing, stock and bond markets that's going to pop soon, maybe even during obamas rein of terror. And he's the last personal I'd want at the helm when this ship sinks.
    Yea, I'm pretty sure I do get it remember I'm the one that been reads books and reports for the last 20 years and your the one that watches Ron Paul videos on youtube to learn about economics for the past couple of years. Your still under the illusion that your actually learned on the subject which you are not.

    I will restate the major problem once more so your 1 brain cell can understand it. There is no model to prioritize payments on a default which means the elderly that rely on social security may or may not get paid, bond holders from pension funds may or may not get paid. The elderly in the US represent about 14% of the total population.

    The de-leveraging process in the US isn't even close to being completed so basically your "plan" would be to cause the restructure at the worst possible time in US economic history vs waiting another 5-8 years until household to GDP debt ratios are restored back to historic averages. And you call yourself understanding economics!



    Any other realy bad fucking ideas coming out of that defunct brain in your head. Do you know how many economists in the globe have called for Your plan of action, ZERO. Gee I wonder why that is.
    William F. Buckley describes a conservative as, "someone who stands athwart history, yelling Stop." - and then proceeds to drag civilization back to times best left in history's dungheap.

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    Quote Originally Posted by LAM View Post
    Yea, I'm pretty sure I do get it remember I'm the one that been reads books and reports for the last 20 years and your the one that watches Ron Paul videos on youtube to learn about economics for the past couple of years. Your still under the illusion that your actually learned on the subject which you are not.

    I will restate the major problem once more so your 1 brain cell can understand it. There is no model to prioritize payments on a default which means the elderly that rely on social security may or may not get paid, bond holders from pension funds may or may not get paid. The elderly in the US represent about 14% of the total population.

    The de-leveraging process in the US isn't even close to being completed so basically your "plan" would be to cause the restructure at the worst possible time in US economic history vs waiting another 5-8 years until household to GDP debt ratios are restored back to historic averages. And you call yourself understanding economics!



    Any other realy bad fucking ideas coming out of that defunct brain in your head. Do you know how many economists in the globe have called for Your plan of action, ZERO. Gee I wonder why that is.
    all your Keynesian economists put us in this position to begin with and now you still follow them like the blind sheep you are, you actually think they know how to get us out of this mess when they're the ones who put us in the mess to begin with? come on man, get your head out of your ass and think for yourself for once.

    you think we can hold off for 5-8 years? lmao!!!!!!!! the crash will come sooner and there's nothing anyone can do about it. And you think we can choose when we want the crash to come? LOL!!!!!!!!!!!!! wow! I did think you were smarter than that but you proved me wrong.
    -S-

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