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Old 10-16-2013, 03:09 PM   #106
AustinChief AustinChief is offline
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Join Date: Aug 2000
Location: Austin
Casino cash: $1701512
Quote:
Originally Posted by Race Card native View Post
We have enough revenue to cover the bills for a week to two weeks past the 17th absent a deal.

No deal means a technical default. A technical default means default. No amount of arguing changes that.
DAMN DUDE. Listen up. A technical default is on obligated payments. Period. We have enough money to pay them INDEFINITELY. But if we allow all payments to go out you are correct, we will default on debt and everything... but that is a CHOICE.

Not paying for Food Stamps or the FBI is NOT A DEFAULT. PERIOD. If you CHOSE to pay for them and then not have enough for OBLIGATED PAYMENTS, then sure you will default.

No deal does NOT mean a technical default unless we decide to make non obligated payments.

Let's be clear yet again. WE HAVE ENOUGH REVENUE TO SERVICE OUR DEBT AND MAKE ALL OBLIGATED PAYMENTS.

You can NOT stretch the term "default" to include non obligated payments on food stamps or education.
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