lawgator1
Senior Member
- Joined
- Aug 8, 2005
- Messages
- 72,737
- Likes
- 42,919
Rand Paul refers to being enslaved to debt and that the country cannot spend more than it takes in.
The only way that the country can service its debt, and we are scheduled to need to deal with it around March, is to legislatively raise the debt ceiling. Even very conservative Senators have recognized this but have voted to raise it.
This country has never defaulted on its debt.
But Rand Paul speaks in terms suggesting he might individually filibuster the act to raise the ceiling. If he does, when we hit midnight on that day, we will default.
And if that happens you can have all the gold coins and seeds you want from Glenn Beck. Won't help.
The only way that the country can service its debt, and we are scheduled to need to deal with it around March, is to legislatively raise the debt ceiling. Even very conservative Senators have recognized this but have voted to raise it.
This country has never defaulted on its debt.
But Rand Paul speaks in terms suggesting he might individually filibuster the act to raise the ceiling. If he does, when we hit midnight on that day, we will default.
And if that happens you can have all the gold coins and seeds you want from Glenn Beck. Won't help.