Quote:
Originally Posted by DanaC
I've been watching this 'debt ceiling' issue unfold from over the pond, and I think I probably can speak for a good proportion of my fellow Brits when I ask, wtf is your government doing?
How can this level of brinksmanship possibly still be going on, this close to crisis?
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I still don't know wtf they are doing. They are acting crazy, absurd.
Politics at play all the way, especially where a graduated debt ceiling level verses a fully raised debt ceiling is concerned. Then tax cuts, caps and the 2012 elections.
What better way to get what you want than by playing brinkmanship. Just hold the U.S. credit rating over the chasm by a thread and watch people start screaming. Sick fucks.
Quote:
Originally Posted by glatt
Speaking from this side of the pond, I can tell you that we have no fucking idea what the government is doing. They are scaring me.
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It scares me that social security benefits are in the general fund and not in a trust fund. It scares me that my parents are threatened by not getting the income they paid into, not to mention what I and others have paid into for years.
I have read the worse case scenario would be, if an agreement isn't reached the people who get paid are military personnel, interest holders and social security recipients.
I don't believe what I read anymore though so who knows.