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Title: Will Rand Paul filibuster the debt ceiling increase pending early next year and default the United States into bankruptcy?
Source: Mike McCarthy
URL Source: [None]
Published: Nov 3, 2010
Author: Mike McCarthy
Post Date: 2010-11-03 01:41:23 by Ferret Mike
Keywords: None
Views: 24768
Comments: 34

His belief system calls for him to do this even though that would cause a worldwide financial collapse and an epic depression like the world has never seen.

I predict that he won't, as while a Tea Party candidate like him won, all the big spending Republicans won as well. In fact, if this election had truly shown the Tea Party to have tapped extreme discontent with the Democrats, the Republican Party would of posted much larger gains than they did.

The GOP will pressure Rand to toe the line and vote for a debt ceiling increase. And when President Obama wins re-election, I predict much if not all the minimal gains made by the GOP will be rolled back.

Mitch McConnell will control Rand Paul, and the GOP controlled House will be gridlocked and remind people why they divorced the GOP two years ago and turn out to be a blessing in disguise that will make Obama's reelection to be a much easier thing to accomplish in 2012.

Enjoyed the noise made here that there would be a historic slam dunking of a win by the GOP. And I'm pleased to see this did not happen.

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Begin Trace Mode for Comment # 16.

#14. To: Ferret Mike (#0)

Will Rand Paul filibuster the debt ceiling increase pending early next year and default the United States into bankruptcy?

One of the loud mouthed idiots on MSNBC was spouting off on this last night.

There would be worse things than defaulting on the debt. Hyperinflation to cover the debt is one of them.

The Debt Commission is going to come back on December 1 and recommend big spending cuts and closures of some tax loopholes (but no tax rate increases). We'll see how serious the GOP and Democrats are about spending pretty quickly.

Insofar as this guy's other remarks -- he's delusional. McConnell will not be able to control Rand Paul. The notion that yesterday was somehow not a historic election demonstrates that this guy needs to put his crack pipe down.

jwpegler  posted on  2010-11-03   14:09:09 ET  Reply   Untrace   Trace   Private Reply  


#16. To: jwpegler (#14)

There would be worse things than defaulting on the debt. Hyperinflation to cover the debt is one of them.

We'll have one or the other.

But this financial house of cards WILL collapse, and I think quite soon. It should have collapsed already!

There have been two major surprises for me:

1. I underestimated how the MSM propagandists would cow-tow to Boom-Boom Bernanke, and paint the $787B theft from the American people as a "bailout."

2. I overestimated the intelligence of the American people, and their ability to discern when they're being SUCKERED.

Disappointing, the latter point. Because generally, people are so friggin' STUPID, when it comes to economics. Just look at go65, if you have any doubts of that, as he's the poster-child of the "ignorant American." I heard someone doing radio interviews at an oBUMa rally, where a protester was walking around with a sign saying "Obama=Keynesian." The lib/socialist crowd was SCREAMING at this guy, saying "he proved he's a citizen," "that's old news," and (my favorite) "he was born in Hawaii!"

Listening to this dull stupidity, makes me think CWII might be a good thing... To thin out the Darwin-Award contenders who somehow managed to stay alive and reproduce...

Capitalist Eric  posted on  2010-11-03   17:17:21 ET  Reply   Untrace   Trace   Private Reply  


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