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Re: Sen. Paul Statement on Debt Ceiling Increase

By: fizzy in ROUND | Recommend this post (0)
Tue, 02 Aug 11 11:04 PM | 21 view(s)
Boardmark this board | De's Test Board 		Msg. 34199 of 45644
(This msg. is a reply to 34197 by Decomposed)
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$7T, eh? I've not seen the calculation but I trust his more than that of the Demopublicans.

Speaking of voting, I just did some of my own: I voted 1/2 million out of the country and, most of all, out of dollars. I wish I'd done it 3 weeks ago when the exchange rate was better.

Now if you think a little bit, and consider that this outflow joins others, both from me and others, and realize that this wealth is not coming back, and that IF I had invested it here it would have meant more jobs here, you may begin to realize that Rand's $7T is conservative.

I'd guess our king just screwed the country -- SPECIFICALLY THE POOR AND MIDDLE CLASS -- to the tune of something like $30T. That's just a guesstimate, of course, as the real number will take some time to manifest and could well be higher.


I have come to realize that men are not born to be free. Liberty is a need felt by a small class of people whom nature has endowed with nobler minds than the mass of men. -Napoleon

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The above is a reply to the following message:
Sen. Paul Statement on Debt Ceiling Increase
By: Decomposed in ROUND
Tue, 02 Aug 11 10:45 PM 		Msg. 34197 of 45644

Aug 2, 2011

Sen. Paul Statement on Debt Ceiling

WASHINGTON, D.C. - Following today's Senate passage of the debt ceiling bill, Sen. Rand Paul offered the following statement:

"I voted in opposition to this bill because it doesn't do enough to provide a stable solution to our nation's debt crisis. It never balances, and it will add at least $7 trillion in NEW debt on top of our current 14 trillion. This is not sustainable.

"The President called for a "balanced approach." But the American people are calling for a balanced budget. This deal does nothing to fix the overreaches of both parties over the past few years: Obamacare, TARP, trillion-dollar wars, runaway entitlement spending. They are all cemented into place with this deal, and their legacy will be trillions of dollars in new debt.

"Americans deserve more from their government than a weak compromise that doesn't actually cut spending and they deserve better leadership from their President. I will continue to fight every day for fiscal sanity and a solution to our debt crisis"

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