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Politics : Formerly About Advanced Micro Devices

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To: combjelly who wrote (742496)	9/28/2013 3:26:54 PM
From: i-node	Read Replies (3) of 1577890

>> Over the ACA? Why should he? Because it is legislation that was enacted corruptly that has proven to be devastating to the economy and the health care system, and will only get worse as the costs start to rack up. In short it was a mistake, and there is too much at risk to allow it continue on without a bipartisan effort to solve the problems. It is what happens when political corruption enters the picture. >> Over raising the debt ceiling? No. And he shouldn't. Playing games with the debt ceiling is a dumb thing to do. Last time, we got our bonds downgraded because they were afraid that Congress could not be trusted to behave rationally. Actually, the downgrade occurred because there was no willingness to attack the underlying problems, which are unfunded liabilities for SS, Medicare, and pensions. These are the things that put lenders' money at risk, not the 18T we've borrowed directly. >> If our bonds were downgraded because there was a chance we wouldn't raise the debt ceiling, what do you think will happen if that actually occurs? I think what would happen is what is going to eventually happen anyway. I'd just as soon get the ball rolling now as later.

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