The Taper, the Fed, and the Debt Ceiling

[Yamato]

There's so much useless fluff in the media about these issues and we'll be hearing this bureaucratic theater again as our bureaucrats kick the can down the road in the most expedient way possible once again. Rather than wait and believe half of what we're hearing like we did last time, let's get focused on what's really going on:

[Yamato]

"Raising the debt ceiling does not increase our debt. It just says you have to pay the bills you've already got guys." ~ Barack Obama

[Kowalski]

[Yamato]

Let the market stream into the air traffic control sector immediately after the government shuts down! Let the market stream into every sector that doesn't get serviced when the government shuts down. This is equivalent to a bailout. If the government wants to compete with the free market, and it does seem that's the case, then be prepared to get run over in a stampede of demand when you can't deliver the goods. If the government can overhaul private enterprise when the "markets didn't work", private enterprise must be afforded the same opportunity. Replacing the unaffordable with the affordable (like space exploration, Space Cadets!) is the only logical course for our future. Ignoring exponentially rising debt in a time of peace (eh emmm...in a time of bureaucratic and commercial war) is ignorance-unprecedented. What a shameless group these boomers are.

Someone unable to concede that the States and the people can do better than their small groups of well-dressed sweethearts posing as central planners - is also someone who doesn't know how to read a cost chart.

Edited September 26, 2013 by Yamato