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Old 10-16-2013, 08:07 PM   #141
AustinChief AustinChief is offline
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Quote:
Originally Posted by Race Card native View Post
Still tilting at windmills I see and engaging in ridiculous hypotheticals.

The fact of the matter is that without a deal, the Treasury runs out of money in a week to two weeks. Any slotting, prioritizing, delaying, reducing of any obligations (debt or otherwise) is a technical default. The Treasury is paying bills as normal right now so we aren't in default. No amount of hand wringing, semantics, or whatever else you want to call what you're doing changes any of that.
Nice try. So you lost the debate and pretend to ignore the content of the post. Classy!

So, answer the question. Is the current govt shutdown a "technical" default? (Under your rules it is since we are reducing govt outlays by furloughing workers, shutting down services, etc)

Let's assume you aren't a COMPLETE moron and say no it isn't.

Now explain to all of us why it WOULD be a default (technical or otherwise) to expand the current govt shutdown until our revenue exceeds expenses? (and NO, to do so you do NOT have to touch any obligated payments such as debt service, social security , etc)

(for the record no one is advocating this, but we would like to hear you defend your ridiculous position)
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