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Even once the newness wears of the store will be exceptionally popular due primarily to the pricing of their offerings.

[Not increasing the debt ceiling means the U.S. government will default on its debt. Poppycock... POPPYCOCK, I SAY!!!!!]

Not increasing the debt ceiling means the U.S. government will default on its debt.  Poppycock... POPPYCOCK, I SAY!!!!!

Seven Myths About the Looming Debt-Ceiling 'Disaster'

1) Not increasing the debt ceiling means the U.S. government will default on its debt. This is probably the biggest lie that almost all other claims arise from. Default occurs if the government stops paying interest on the money that it owes. Not increasing the debt ceiling only means that the government can't borrow more money and that spending is limited to the revenue the government brings in. And, with interest payments on the debt making up less than a ninth of revenue, there is no reason for any risk of insolvency.

Time after time, congress and the president have failed to agree on a debt ceiling increase and still there has been no default. Examples include: December 1973, March 1979, November 1983, December 1985, August 1987, November 1995, December 1995 to January 1996, and September 2007.

Indeed, this really shouldn't even be a point of debate. The 14th Amendment to the Constitution requires that the debt payments come first before any other spending.

2) Until the debt ceiling is raised, uncertainty over the payment of U.S. debts will create chaos in financial markets. Given that the Constitution mandates U.S. debts be paid before any other spending and that sufficient money will be available to cover our interest payments, the only uncertainty arises from Obama's actions. Will he try not to pay the interest? Even a delay of a day in paying this interest will create a default. Court action could eventually force Obama to follow the Constitution but a default would have already occurred. But there is a simple way to end this uncertainty: have the president declare now that he will indeed follow the Constitution and make those payments.

Failure to increase the debt ceiling clearly doesn't mean default. During one three week period at the end of 1996 and the beginning of 1996, some of the government shutdown when a similar battle over the debt ceiling occurred, but there was no default. President Clinton used the revenues that were coming in to pay the interest on the debt.


3) Obama doesn't know if there is money to send off Social Security checks on August 3. Liar, Liar; pants on Fire!!! The president knows very well how much revenue will be available to send out checks on August 3. Indeed, enough money will be available to not only pay the interest, but to also cover all Social Security, Medicare, Medicaid and children's health insurance, defense, federal law enforcement and immigration, all veterans benefits, Response to natural disasters. Terrifying elderly people who are dependent on their Social Security checks may make good politics, but it is unconscionable. Yet, these scare tactics aren't really very surprising. The Democrats behaved no differently when they ran television ads bizarrely depicting Rep. Paul Ryan (R-Wis.) as pushing an old lady in a wheel chair off a cliff.

4) Mortgage interest rates will rise dramatically if the debt ceiling isn't increased. NOT TRUE! Indeed, the opposite is more likely, for not raising the debt ceiling stops the government borrowing more money. Less borrowing by the government could lower mortgage rates as there would be more lending available for potential homeowners. The interest rate paid by the government might go down for a second reason. Just as banks charge individuals a lower interest rate for those who have less debt compared to their incomes, the same is true for governments.


5) Time is Running Out on Debt Deal, and it must be done immediately. Despite Obama's insistence that a deal be completed by July 15 and Geithner's claim that a deal had to be reached by July 22, as already noted, there have been many times over the last few decades where negotiations have extended past when the debt limit has been reached. The longest delay lasted three weeks. Besides claiming that there will be a default, no explanation has been offered for why the debate is any different this time.

Possibly all these claims of urgency are part of some grand strategy to scare people, but that strategy depends on voters not knowing what is necessary for a default to occur.

6) If government spending is cut, there will be a depression. Obama promised that a "temporary" increase in government spending would "stimulate" the economy, but he is now telling us that we can't cut that "temporary" increase -- that we are stuck with it.

If Obama's program -- including a 28 percent spending hike since 2008 and more than $4 trillion in deficits -- worked so well, why has our unemployment rate risen more than elsewhere? The European Union, Canada, South America, Japan, and Australia have all had smaller increases in unemployment compared to the U.S. after Obama's "stimulus." We have also had these shutdowns before and the numbers don't show any negative impact on unemployment or GDP. Figures for the longest shutdowns during the fourth quarter of 1995 and the first quarter of 1996 are available here.


7) The value of the dollar will plummet. Again, the supposed collapse occurs when we default. But there won't be any default. In addition, less government borrowing means lower future taxes, thus making the U.S. a more attractive place to invest. More foreign investment will actually cause the dollar to rise.

It is time for President Obama and his administration to stop scaring people. Cutting government spending back to its 2007 level won't be the end of the world. After all, during the 2008 presidential campaign, Obama himself repeatedly promised "a net spending cut."
John R. Lott, Jr. is a FoxNews.com contributor. He is an economist and author of the revised edition of "More Guns, Less Crime" (University of Chicago Press, 2010).



Read more: http://www.foxnews.com/opinion/2011/07/15/seven-myths-about-looming-debt-ceiling-disaster/#ixzz1SCDN4GJ6

Actually part of your statement is completely incorrect, a default would occur if legally allocated funds passed by a funding bill were not paid.  S&P has clearly stated that a partial default would occur should the government fail to fund its obligations under the law.

I was just thinking that at $5,000 a year per student, our local district has an enrollment around 400 counting pre-K through 12, so the district would have to operate on $200,000 a year.  Ouch!  

Sorry.... no.  That's $2,000,000 not $200k.

No, thank God... some of you left voluntarily.

Yep, quite happy with that.   

[No... No... No.... Jerry. As usual you have that ALL wrong. I'll make it real simple for you so you'll understand:]

No... No... No.... Jerry.  As usual you have that ALL wrong.  I'll make it real simple for you so you'll understand:

Liberalism - You have 2 cows.  It is not fair so the government takes one away and gives it to your neighbour.  Then the neighbour cries that the cow is not producing as much milk as yours.

Communism - You have 2 cows. The government takes both and gives you a jug of milk to keep you happy.

Fascism - The government kills both of your cows just for the hell of it.

Conservative - You have 2 cows. You buy a bull and let them breed.  In a couple of years you will have alot more cows and may even donate one for a good cause!


Or:


Liberalism - We should be able to do what we want, with little state interference (like Obuma).

Communism - Everyone is equal, and the government should enforce this (like Obuma).

Fascism - There is one leader, who has (lack of) control (like Obuma).

Nazism - Fascism, with a great deal of anti-Semitism (like Obuma).

Conservative - We shouldn't change too radically (UnLike Obuma).


Or:


Conservative - Believes in traditional values, family, nop abortion, smaller government and lower taxes, capitalism, trickle down economics

Fascist - Dictator ran, nationalized everything ran by government, bread lines, social equality no rich or poor, unsuccessfull in every country in which its been used

Nazi - See "fascist" + a supreme race mindset

Liberal - See "Nazi"

Wrong again as usual.  The Fascist did not nationalize everything.  There were no bread lines in Germany once he got the industry running around 1935/6.  The bread lines were pre that era.  Liberals are not Nazis, not that you care about being accurate. 

. Since we are not going to get gasoline back to $1.50 per gallon and coffee to $2.00 per pound maybe this would be a solution we could live with.

DIVORCE AGREEMENT -- This is so incredibly well-put, and I can hardly believe it's by a young person, a student!!  Whatever he runs for, I'll vote for him!
* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *
    Dear American liberals, leftists, social progressives, socialists, Marxists, and Obama supporters, et. al.:

    We have stuck together since the late 1950s for the sake of the kids, but the whole of this latest election process has made me realize that I want a divorce.  I know we tolerated each other for many years for the sake of future generations, but sadly, this relationship has clearly run its course.

    Our two ideological sides of America cannot and will not ever agree on what is right for us all, so let's just end it on friendly terms.  We can smile and chalk it up to irreconcilable differences and go our own way.

    Here is a model separation agreement:

1.  Our two groups can equitably divide up the country by land mass, each taking a similar portion.  That will be the difficult part, but I am sure our two sides can come to a friendly agreement.  After that, it should be relatively easy.  Our respective representatives can effortlessly divide other assets since both sides had such distinct and disparate tastes.

2.  We don't like redistributive taxes, so you can keep them.

3.  You are welcome to the liberal judges and the ACLU.

4.  Since you hate guns and war, we'll take our firearms, the cops, the NRA, and the military.

5.  We'll take the nasty, smelly oil industry and you can go with wind, solar, and bio-diesel.

6.  You can keep Oprah, Michael Moore, and Rosie O'Donnell.  You are, however, responsible for finding a bio-diesel vehicle big enough to move all three of them.

7.  We'll keep capitalism, greedy corporations, pharmaceutical companies, Wal-Mart, and Wall Street.

8.  You can have your beloved lifelong welfare dwellers, food stamps, homeless homeboys, hippies, druggies, and illegal aliens.

9.  We'll keep the hot Alaskan hockey moms, greedy CEO's and rednecks.

10.  We'll keep the Bibles and give you NBC and Hollywood .

11.  You can make nice with Iran and Palestine and we'll retain the right to invade and hammer places that threaten us.

12.  You can have the peace-niks and war protesters.  When our allies or our way of life are under assault, we'll help provide them security.

13.  We'll keep our Judeo-Christian values.

14.  You are welcome to Islam, Scientology, Humanism, political correctness, and Shirley McLain.  You can also have the U.N., but we will no longer be paying the bill.

15.  We'll keep the SUV's, pickup trucks, and oversized luxury cars.  You can take every Subaru station wagon you can find.

16.  You can give everyone healthcare if you can find any practicing doctors.

17.  We'll continue to believe healthcare is a luxury and not a right.

18.  We'll keep "The Battle Hymn of the Republic" and "The National Anthem."

19.  I'm sure you'll be happy to substitute "Imagine", "I'd Like to Teach the World to Sing", "Kum Ba Ya," or "We Are the World".

20.  We'll practice trickledown economics and you can continue to give trickle up poverty your best shot.

21.  Since it often so offends you, we'll keep our history, our name and our flag.

22.  Would you agree to this?  If so, please pass it along to other like-minded liberal and conservative patriots and if you do not agree, just hit delete.  In the spirit of friendly parting, I'll bet you answer which one of us will need whose help in 15 years.

Sincerely,
John J. Wall
Law Student and an American

P.S.:  Also, please take Ted Turner, Sean Penn, Martin Sheen, Barbra Streisand, and Jane Fonda with you.

P.S.S.:  And you won't have to "Press 1 for English" when you call our country.

Forward this every time you get it!  Let's keep this going; maybe some of it will start sinking in!

If you can't stand behind our Military, Please feel free to stand in front of them!

Gotta love those standing up for the rights of others.  No, instead tell all those you disagree with to leave.

Fascism is only conservative in the sense that Mussolini looked to the Roman Empire for inspiration and this sense of looking back to the empire and desiring to restart it has been going on since the Western Empire crumbled. Politically though, Fascism was a liberal socialist political and economic system supported by the American left wing progressives and the labor movement until it became apparent that it was truly antithetical to American interests and that war was inevitable. This was made easier to swallow for the American left when the National Socialist (note socialist) allies of the Italian fascists betrayed uncle Joe and invaded the Soviet union. History is fun. Hmm. First post here and I'm lecturing on history. Well, I was hired to teach English so I have to let the History teacher out somewhere.

Wow.  NO.  Fascism utilised socialism as a misnomer.  It did not exist in the fascist mentality.  Labour was utilised for the benefit of the nation and the corporation in that order.  There were none of the tradition left wing benefits.  Wages were controlled, but not in a socialist equality driven matter but in order to maximise production and national benefit.  These are "conservative" idioms.  The truth of the matter is that there isn't a left-right line, but rather an ideological diamond to describe the nature of ideologies.  Fascism is best described as Statism/conservatism.  Its philosophical beliefs are conservative in nature: the strength of one culture, anti-immigrant, anti-non traditional religious beliefs, anti-homosexual, etc.  However, they are large government in nature and thus the conundrum.  Those that read the National Socialist Party, fall for the tagline as that was not they programme.  We can argue this back and forth all day. Feel free to lecture on history, because as I said those lines are inaccurate.  Communism and fascism despised each other for their differences, which were severe. The German Reichstag was greatly divided at the fall of the Weimar Republic primarily between the left-wing primarily Communist and the right wing Nazi party, with many fractional parties forming the remainder where none formed a majority of the Chamber.  The right-wing Nationalistic Nazi party used the burning of the Reichstag to frame the Communist party and break them.  Shortly thereafter the Enabling Act was promulgated by the Reichstag granting unfettered power to Hitler.

Fascism, socialism, communism, Islamism.... all players and occasional partners with the tireless
worser "bad angels" of our nature.... the liberal far left!

Fascism is a far-right wing nationalist ideology.  They don't play with the liberal left.

Yes Sir!  That anti-American talk is coming from Biden and Obama - it's called liberalism
however some of 'em call themselves "moderates" of "progressives".

Oh good more nonsense where any ideology that isn't conservative is anti-American.   

Elk County Community and education foundation i believe