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GOP Presidential candidates MIA in debt ceiling talks

bat said:
If you were making a mid 6 figure income and couldn't survive a 2 year unemployment stint you were spending money like a drunken buffoon.

So many people in this country don't make a few hundred thousand dollars in an 5-6 year period and live comfortably with cars and a house payment, and kids in college.

This is the kind of removal from what the actual middle class lives like that gives me no sympathy for people crying about raising taxes on those who make $250,000+ yearly.
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Mid-100's, between 100 and 200k per year. Guess I worded that wrong, but thanks for the assumption! Shows your true disconnect and proclivities and refusal to give the benefit of the doubt. Your indoctrination is complete. You are close to being a Sith Lord.
 
KOC BEGONE said:
don't try to reverse the victim card most of these layoff just gave companies more profit. Our country is sputtering what would you like to see?
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So your argument is that every company makes money all the time and there is never in any way shape or form a legitimate need to lay people off to save money. I guess bankruptcy is a huge deception too, right? So if layoffs lead to such windfalls in profit, why did they all wait for a recession? Why not just lay people off all the time to boost profits?

What planet do you live on again?
 
LogGrad98 said:
So your argument is that every company makes money all the time and there is never in any way shape or form a legitimate need to lay people off to save money. I guess bankruptcy is a huge deception too, right? So if layoffs lead to such windfalls in profit, why did they all wait for a recession? Why not just lay people off all the time to boost profits?

What planet do you live on again?
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Now it all makes sense to me! When I lost my job in the construction industry (as did a lot of my friends and co-workers) it wasn't because people weren't building houses, it was because the owners of the construction companies all realized how much money they were wasting on paying their employees. Once they got rid of us, the greedy ******** were able to pocket 100% of the revenue.
 
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KOC BEGONE said:
don't try to reverse the victim card most of these layoff just gave companies more profit. Our country is sputtering what would you like to see?
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So when I lost 70K over 2 years because I did everything in my power to keep as many employees as possible. I was still money grabbing when I eventually laid most of them off? Fact is I could have saved myself a bunch of money by making the smart decision earlier. I probably could have kept a couple more employees in the long run if I had done so. As it was I was far to loyal to my employees and did not want to lay them off so waited until I had little choice left. It cost me money and some of my better employees jobs that I might have saved with a better decision earlier. All companies go through these same decisions before laying people off. It is rarely if ever a money grab once a company lays people off. It is much more likely that it just was not possible to keep them.
 
While I don't agree with Mr. Begone on most points, there is a phantom hiring epidemic in multi-nationals used to placate the government in good times, that comes crashing down in bad times. Just jobs that aren't needed for the bottom line, but exist to help the government unemployment numbers to look better in average or good times. It's corporate welfare essentially, but not in the way most people use those terms together . Fascism only works well when both the government and corporate world appear strong after all. They both tend to hire at times for no other reason than to hire. And they both have enough money where it doesn't matter that they do so.
 
What really wears me down and depresses me, is when I hear things like, "DC can't control spending" or Republicans "complain" about "give government, deficits, raising the debt ceiling, and the economy."

I just struggle to have any confidence in what they're saying. Republicans over the past 20-30 years have grown government more than anyone else. We can control spending, just look at the mid-late 90's under Clinton. But of course, the focus that the GOP wants on Clinton is on how he banged some intern.

Deficits? they love them. Where was the concern over the deficit when they pushed through "shock and awe" in iraq? Or when they created huge deficits with the tax cuts? Debt Ceiling? Wasn't an issue under Bush, as they seemed to raise it annually. The economy? Where was all this concern over the past decade? Perhaps they should have thought about the economy and the retiring baby boomers instead of questioning Kerry's boat, or wasting time in Iraq, or telling Americans to 'spend more.'

The GOP right now, is preaching that the Demos have created this mess. That the only way out is following the GOP and the tea party to greatness.

LOL... The only possible comparison would be if Ryan Leaf published a book called, "How to be a successful Professional QB." Or Shaq published a book on FT shooting.

The sad thing is, I think this country is either going to follow these jokes, or we're going into default.
 
So, what exactly happens if we go into default? Will the Chinese move in and own everything all of a sudden?
 
LogGrad98 said:
So, what exactly happens if we go into default? Will the Chinese move in and own everything all of a sudden?
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https://www.cnn.com/2011/POLITICS/07/31/debt.talks/index.html?iref=BN1&hpt=hp_t1



If Congress fails to raise the current $14.3 trillion debt ceiling by Tuesday, Americans could face rising interest rates and a declining dollar, among other problems.

Some financial experts have warned of a downgrade of America's triple-A credit rating and a potential stock market plunge. The Dow Jones Industrial Average dropped for a sixth straight day on Friday.

Without an increase in the debt limit, the federal government will not be able to pay all its bills in August. President Barack Obama recently indicated he can't guarantee Social Security checks will be mailed out on time.

In Afghanistan on Sunday, Joint Chiefs of Staff Chairman Adm. Mike Mullen was unable to assure U.S. troops they would get their paychecks following the Tuesday deadline without a deal. Mullen said August 15 would be the first payday jeopardized if the United States defaults.

Last week, a Department of Defense official told CNN on condition of not being identified that "it's not a question of whether, but when" military pay gets withheld if no agreement is reached
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gregbroncs said:
So when I lost 70K over 2 years because I did everything in my power to keep as many employees as possible. I was still money grabbing when I eventually laid most of them off? Fact is I could have saved myself a bunch of money by making the smart decision earlier. I probably could have kept a couple more employees in the long run if I had done so. As it was I was far to loyal to my employees and did not want to lay them off so waited until I had little choice left. It cost me money and some of my better employees jobs that I might have saved with a better decision earlier. All companies go through these same decisions before laying people off. It is rarely if ever a money grab once a company lays people off. It is much more likely that it just was not possible to keep them.
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I get the point that not all companies can control their own destiny. But, your company hardly mirror the companies that have put us in this pinch. It is however a domino effect. If big corporations start tightening their belts they not only are laying people off; but, they are also giving out bad economic signs to those who they choose to keep. How confident would you be about buying a new car or house if you are working at ATK? There are plenty of businesses that are sitting on their excess capital. They are holding it over politicians heads like a type of bribe. If they see the types of deregulations and legislation that they want they might start investing. These big corporations are crooks.
 
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