Sunday, October 6, 2013

Igor Volsky — Boehner: The Nation Will Be On ‘The Path’ To Default If Obama Doesn’t Accept GOP Demands

House Speaker John Boehner (R-OH) said the nation would default on its debt later this month if President Obama does not agree to GOP’s demands to cut spending and change parts of the Affordable Care Act.Appearing on ABC’s This Week on Sunday, Boehner agreed that the risks of failing to raise the debt ceiling would be “catastrophic,” leading credit markets to freeze, the dollar to lose its value, and interest rates to skyrocket. But, he insisted that “the president is putting the nation at risk by his refusal to have a conversation.”
Think Progress
Igor Volsky

The game of chicken is on. How is going to blink first? Will it be before default or after?

Interesting to watch "the world's sole superpower," "leader of the free world," "beacon of democracy," and "shinning city on a hill" imploding from within. 

Will it be the death of a thousand cuts, or a coup d'grace to the head?

7 comments:

Unknown said...

Time to try Alexander Hamilton in absentia for treason?

How's that "blessing of a National Debt" working out for you, America?

What part of "money creation should be straightforward and ethical" don't people get? Apparently, in the case of many, ALL of it, because:

No servant can serve two masters; for either he will hate the one and love the other, or else he will be devoted to one and despise the other. You cannot serve God and wealth.”

Now the Pharisees, who were lovers of money, were listening to all these things and were scoffing at Him. And He said to them, “You are those who justify yourselves in the sight of men, but God knows your hearts; for that which is highly esteemed among men is detestable in the sight of God.
Luke 16:13-15 New American Standard Bible (NASB)

OTOH:

It is the blessing of the Lord that makes rich, and He adds no sorrow to it. Proverbs 10:22


Matt Franko said...

F,

You've got the translation wrong again....

It's "philarguroi" which is "fond-silver-ones" not "lovers of money"... the Greek scriptures avoid such metonymy.

http://scripture4all.org/OnlineInterlinear/NTpdf/luk16.pdf

The Greek scriptures speak not of "money" (or "the church" for that matter)...

Rsp,

Unknown said...

Franko,
The more valuable coin denominations were made from silver and gold (not to increase their value since fiat is fully backed by the taxation authority and power of government but to make counterfeiting them too expensive). Hence silver and gold could easily refer to higher denomination coins and hence to money in general.

And I'll trust the NASB's translation over your silly suggestion that the Lord was referring to a metal and not money or that the sophisticated Pharisees would be so simple as to serve a shiny metal over God!

Matt Franko said...

Hate to break the news to you F, but that is apparently exactly what they were doing:

16 "Woe to you, blind guides! who are saying, 'Whoever should be swearing by the temple, it is nothing; yet whoever should be swearing by the gold of the temple is owing.'
17 Stupid and blind! for which is greater, the gold, or the temple that hallows the gold?" Mat 23

Unknown said...

Franko,

The Pharisees worshiped gold because it was valuable, if not to them personally* then to others such as governments for the use as counterfeit-resistant money tokens. They were thus elevating the created over the Creator and that's idolatry. And that's true of many today, especially wrt money.
And that's no less true of those despise ethics wrt money creation since God is just and REQUIRES that we be just too.

Micah 6:8
He has told you, O man, what is good;
And what does the Lord require of you
But to do justice,
to love kindness,
And to walk humbly with your God?
Micah 6:8

Btw, you fail in the humbleness department too since you despise the Old Testament - God's Word.

Considered yourself warned. Remember, when "666" comes along, he'll have his own False Prophet who'll share his fate in the Lake of Fire forever. I'd take extreme care, if I were you, not to be that person.



*Remember, the Pharisees fasted twice a week and searched Scripture to find eternal life for themselves.

Matt Franko said...

F,

They didnt 'worship' gold, they were derelict in their enforcement of the Law:

"23 "Woe to you, scribes and Pharisees, hypocrites! for you are taking tithes from the mint and the dill and the cumin, and leave the weightier matters of the law, judging and mercy and faith. Now these it was binding for you to do, and not leave those." Mat 23:23

They were not "offering divine service to the creation rather than the creator", they were simply not enforcing the Laws... which they were supposed to be doing... and instead were caught up in some sort of 'metal-love' as your cite from Luke reveals...

The Lord does not accuse them of "idolatry" here so neither am I...

The nations were caught up in the idolatry, not Israel...

The word "idol" or "idolatry" does not even appear in the accounts of the 4 apostles, Mat/Mark/Luke/John at all... its simply NOT THERE...

It shows up later in Paul's writing as he left Israel and went to the nations with his message...

The nations used state currency or as they termed it 'nomisma' not metals...

There is nothing wrong with this 'nomisma' system that I can find in scripture... the Lord arranged for Peter to obtain a type of it (stater) from the mouth of a fish, the disciples traveled with significant amounts of it, he told the leadership of Israel to pay taxes with it, Paul never mentioned it...

I just dont see a problem with it per se...

rsp,

Unknown said...

I just dont see a problem with it per se... Matt Franko

Inexpensive fiat is the ONLY ethical money form for government debts. I'll leave aside for the moment whether fiat should be de facto legal tender for private debts too.

But what is clearly un-Scriptural is a government-backed credit cartel since it unjustly transfers purchasing power from the poor to the rich and drives people into debt. Defend that will you? Really? Is it worth your soul?