Failure to Raise U.S. Debt Cap Seen I...

Failure to Raise U.S. Debt Cap Seen Idling 800,000 Workers

There are 1227 comments on the www.sfgate.com story from Jun 28, 2011, titled Failure to Raise U.S. Debt Cap Seen Idling 800,000 Workers. In it, www.sfgate.com reports that:

The U.S. government wouldn't be able to fund about 50 percent of its obligations and would have to furlough about 800,000 federal workers if Congress fails to approve an increase in the $14.3 trillion debt ceiling, a coalition of former budget officials says.

Join the discussion below, or Read more at www.sfgate.com.

First Prev
of 62
Next Last
Lance Winslow

United States

#1 Jun 28, 2011
See what's in store for the US; watch Greece. Austerity will bring economic collapse.
morons united

Seattle, WA

#2 Jun 28, 2011
So thye rich who gets richer all the time who already have millions and making millions all the time can't they make some concessions and maybe lower their loots or even pass some paychecks so the treasury can recover? The burden is always on the needy poor eh?
John Stewart

Catasauqua, PA

#3 Jun 28, 2011
We have been going through this for several years now. Let's just end it all and do nothing and let the chiips fall where they may. Politicians only care about votes anyway so follow your party line and send us all over the cliff. No compromise brings to the US what we deserve for electing these jerks. Have a happy day.
ex worker

Stargard Szczecinski, Poland

#4 Jun 28, 2011
Ex worker.
Try it: http://wierszolandia.c0.pl/
Please...
liz

United States

#5 Jun 28, 2011
Everyone on the Hill is on vacation and Obama
is campaiging . Does that seem like they are
interested in finding a solution to the mess we
are in? So the dems continue to spread the
NEWS its Bush's fault. Singing the same old
song and expecting the country to believe it.
Not likely, they are as fed up with you as Obama.
What to expect, one track minds can Not ever see
whats happening.....
Chuckie

Broken Arrow, OK

#6 Jun 28, 2011
Furlough Congress first. No paychecks for Congress.
Rico

Guatemala

#7 Jun 28, 2011
Talk about living beyond your means, this is a travesty, traded our manufacturing base for a bureaucratic base, government doesn't create jobs, it creates hallucinations, among the people, the folks really think there is a 'recovery', there can be no recovery, the U.S. can only start over...

The people and the treasure have been wasted...

“i hope we can change this!”

Since: Aug 08

usa

#8 Jun 28, 2011
a load of left wing crappola...
Deng

Chengdu, China

#9 Jun 28, 2011
YEP, THE WORLD IS PREDICTING THE UNITED STATES CONSERVATIVE CORPORATE-STATE HAS 8 TO 20 MONTHS LEFT TO EXIST, REGARDLESS OF THE "ELECTIONS" THERE.
Chuckie

Broken Arrow, OK

#10 Jun 28, 2011
Deng wrote:
YEP, THE WORLD IS PREDICTING THE UNITED STATES CONSERVATIVE CORPORATE-STATE HAS 8 TO 20 MONTHS LEFT TO EXIST, REGARDLESS OF THE "ELECTIONS" THERE.
Go China
usa

Washington, DC

#11 Jun 28, 2011
Deng wrote:
YEP, THE WORLD IS PREDICTING THE UNITED STATES CONSERVATIVE CORPORATE-STATE HAS 8 TO 20 MONTHS LEFT TO EXIST, REGARDLESS OF THE "ELECTIONS" THERE.
if that is true, your country will be holding the debt bag(trillions)
Rico

Guatemala

#12 Jun 28, 2011
usa wrote:
<quoted text>
if that is true, your country will be holding the debt bag(trillions)
Well, just leave the front-door-key under mat, it will make it easier for the new owners to move in...

Or will you burn the house down before walking away? Maybe a slash and burn of neighborhoods would be more satisfying than surrender...
usa

Washington, DC

#13 Jun 28, 2011
so what if they lay off 800,000 workers,that is less then 5% of the government workforce. they hired more then that in the past 2-3 years.
usa

Washington, DC

#14 Jun 28, 2011
Rico wrote:
<quoted text>
Well, just leave the front-door-key under mat, it will make it easier for the new owners to move in...
Or will you burn the house down before walking away? Maybe a slash and burn of neighborhoods would be more satisfying than surrender...
They will not recieve anything, we will just file bankruptcy, we became a nation of thieves anyhow.
Deng

Chengdu, China

#15 Jun 28, 2011
WHAT IS NOT SAID IS THAT THE DEBT FROM THE USA THAT CHINA HOLDS IS REINVESTED IN OTHER AREAS USING THE U.S.DEBT FOR COLLATERAL. WE HAVE SPREAD OUT THE RISK OF SERIOUS DEFAULTS IN THE UNITED STATES AFFECTING CHINA.

Deng wrote:
YEP, THE WORLD IS PREDICTING THE UNITED STATES CONSERVATIVE CORPORATE-STATE HAS 8 TO 20 MONTHS LEFT TO EXIST, REGARDLESS OF THE "ELECTIONS" THERE.

if that is true, your country will be holding the debt bag(trillions)
usa wrote:
<quoted text>
if that is true, your country will be holding the debt bag(trillions)
usa

Washington, DC

#16 Jun 28, 2011
Its either more paper(lol) or default, either way its stealing, china should have known better, thats why there diversifying now.
usa

Washington, DC

#17 Jun 28, 2011
Deng wrote:
WHAT IS NOT SAID IS THAT THE DEBT FROM THE USA THAT CHINA HOLDS IS REINVESTED IN OTHER AREAS USING THE U.S.DEBT FOR COLLATERAL. WE HAVE SPREAD OUT THE RISK OF SERIOUS DEFAULTS IN THE UNITED STATES AFFECTING CHINA.
Deng wrote:
YEP, THE WORLD IS PREDICTING THE UNITED STATES CONSERVATIVE CORPORATE-STATE HAS 8 TO 20 MONTHS LEFT TO EXIST, REGARDLESS OF THE "ELECTIONS" THERE.
if that is true, your country will be holding the debt bag(trillions) <quoted text>
They are buying on all continents,minerals,resources, food, etc., and they only used 50% of the collateral, they still hold over 1 trillion in cash.

the funny thing is americans are buying paper as china buys the world.
usa

Washington, DC

#18 Jun 28, 2011
Deng,

When is china going to a GOLD standard?
usa

Washington, DC

#19 Jun 28, 2011
"Let China sleep, for when the dragon awakes she will shake the world."
┬ľNapoleon Bonaparte, 1803

“i hope we can change this!”

Since: Aug 08

usa

#20 Jun 28, 2011
usa wrote:
Deng,
When is china going to a GOLD standard?
hahahaha...like he'd know.

he's a troll, he isn't chinese, and he isn't in china.
he's in his parents basement in storm lake iowa.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker
First Prev
of 62
Next Last

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Minnesota Discussions

Title Updated Last By Comments
News Governor's order seeks to make Minnesota more b... 45 min woodtick57 20
News Al Franken: Health reform has made a difference... (Sep '10) Aug 22 Vote Trump 245
News Is Minnesota's welfare system a magnet -- or ju... (May '09) Aug 20 Fedup 272
News Biz briefs: Pollo Campero opening first Minneso... (Dec '10) Aug 19 Rick 5
News Suspects in 2 Separate Burglaries at U of M Bui... Aug 8 Go Blue Forever 1
News Stopped 52 times by police: Was it racial profi... Aug 3 King Kong 155
Open Borders Libertarian Gary Johnson NO Way Aug 1 so you know 1
More from around the web