Financial Cheer
S&P cuts the government’s rate on its debt from stable to negative for the first time in history.
The US has exceeded its debt ceiling. Isn’t that illegal?
5 Responses to “Financial Cheer”
Remember, I do this to entertain me, not you.
Uncle Pays the Bills
 |
|
Find Local
|
Categories
- ATF (769)
- Death Match (10)
- Eminent Domain (225)
- In the bag (9)
- Notes to Junior (546)
- Poker (74)
- Recipes (142)
- Shotgun Noob (11)
- The Airing of Grievances (19)
- uncategorized (47,725)
April 19th, 2011 at 10:46 am
The US has exceeded its debt ceiling. Isn’t that illegal?
More of a guideline. Though the captain appears to be more honest than our “leaders”.
April 19th, 2011 at 10:54 am
Since when has legality been an issue with the FEDGOV?
We’re waaaay beyond such parochial issues as the “rule of law”.
April 19th, 2011 at 11:27 am
Maybe I’ll just stop paying my taxes and when the IRS comes a-knocking, I’ll just tell them that I exceeded my debt ceiling, but that it must be legal and therefore okay because the Federal gov’t has too.
April 19th, 2011 at 5:34 pm
The US has exceeded its debt ceiling. Isn’t that illegal?
If you get enough lawyers in a room, you can get around anything. A good overview is here:
http://keithhennessey.com/2011/04/11/why-the-debt-limit-fight-will-be-different/
April 19th, 2011 at 8:31 pm
BTW, I still miss the monkey in the banner.