On Sat, Jan 8, 2011 at 4:09 AM, Bruce Majors <
majors.bruce@gmail.com> wrote:
> if no one will lend to you you can't spend
>
> On Sat, Jan 8, 2011 at 1:46 AM, Lee Poteet <
l55pmail.com> wrote:
>>
>> Amen, Fritz. Very well said. But if we don't overspend we won't have to
>> borrow.
>>
>> On Wed, Jan 5, 2011 at 1:59 PM, Fritz <
fjmehr@usa.net> wrote:
>>>
>>> I think there are two reasons, Bruce. First, a repudiation of the
>>> national debt would seriously jeopardize our financial standing in the world
>>> and make it impossible to borrow money. That would put the US in the same
>>> boat as Greece, Italy, Ireland, etc. Second, the national debt is only a
>>> symptom of the problem we have. The problem is SPENDING. So rather than
>>> spending time on financing schemes that would take the government off the
>>> hook for past sins, we must concentrate on the real problem and decide how
>>> to reduce federal spending. First reports suggest that Republicans of the
>>> 112th Congress are poised to do just that. They will need all the support
>>> they can get.
>>>
>>>
>>>
>>> Fritz
>>>
>>>
>>>
>>>
>>>
>>> ________________________________
>>>
>>> From:
tea-party-patriots@googlegroups.com >>> [mailto:
tea-party-patriots@googlegroups.com] On Behalf Of Bruce Majors
>>> Sent: Wednesday, January 05, 2011 10:01 AM
>>> To: DefeatLibs
>>> Subject: {Tea Party Patriots} the debt limit
>>>
>>>
>>>
>>> Why don't tea partiers begin discussing repudiating and renegotiating the
>>> national debt? Why should we continue to guarantee or pay our drunken
>>> layabout thieving cousin's credit card bills? Why shouldn't we just
>>> repudiate federal debt so no one will lend to the FedGov and many will sue
>>> it and force it to try to raise taxes -- or privatize and sell off minerals,
>>> lands, and buildings?
>>>
>>> --
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>>> administration from transforming this country into something not intended by
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>>
>> --
>> This group is created for discussing national issues to stop the current
>> administration from transforming this country into something not intended by
>> the founders. Any discussions that are not relevant to that topic will be
>> deleted.
>>
>> You received this message because you are subscribed to the Google
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>> To post to this group, send email to
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>>
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>> For more information on Tea Party Patriots, please visit
>>
http://www.teapartypatriots.org.
>