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Edited by Mrph1 on Nov 30th 2023 at 11:03:59 AM
The sequester is not going to cause a revolution or a coup. Get that out of your heads.
Defaulting on the debt... that would cause a major disaster. Fortunately, the GOP seems to have backed off from that kind of brinksmanship.
"It's Occam's Shuriken! If the answer is elusive, never rule out ninjas!"Basically, remember the 2007-2009 Financial Crisis? It'll be back, badder, sexier and bigger than ever. The Global Economy's financial sector melts down like Chernobyl.
Though, there's still the chance of a government shutdown. ;/ Along with National Monuments, Museums and Parks being shut down. Toxic Waste doesn't get handled. Visa and passports don't get done. Etc. Though since the 80s, there's plans in place to make a shutdown as painless as possible.
This all of course depends on how fruitloops insane the Republicans will be. Because if any of them have a brain, they'll remember how well the last shutdown went for Newt.
@Kostya: Defaulting on the debt would disrupt the global finance system, which depends largely on the value of U.S. bonds for stability. Consider the bursting of the housing bubble in 2006 and the consequent collapse of the financial markets, because they had all these mortgage-backed securities that had been given a AAA rating but whose value was suddenly suspect.
If nobody can count on redeeming their U.S. bonds, then anyone invested in those bonds, or who is owed money by anyone invested in bonds, suddenly faces a terrible liquidity crisis. I don't know the exact figures, but the amount of commerce dependent on bonds is well in excess of the total amount outstanding — if there is $16 trillion in circulation, a default might easily freeze $30 or 40 trillion in paper assets. Banks, investment houses, pension funds... it would all topple like a skyscraper whose superstructure had suddenly been transmuted from steel to paper.
You're talking an event orders of magnitude worse than the Great Depression.
"It's Occam's Shuriken! If the answer is elusive, never rule out ninjas!"No I recall some that wanted it to happen.
okay, this right here.
See this? That proves racism is still alive and well. If anyone ever tells you it isn't show them this.
edited 2nd Mar '13 8:28:10 AM by Kostya
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Hmm. I'd need a link to the study itself - I simply don't trust The Young Turks, especially their criteria for "Likely Republican Voters." I don't deny that racism is still prevalent. Still, replace the question with "Should Muslims be allowed to marry "white European" people" and ask around parts of Europe and you'd probably get the same answer.
edited 2nd Mar '13 9:04:28 AM by Achaemenid
Schild und Schwert der ParteiCheck the third link on this page. It should be the last question.
edited 2nd Mar '13 9:15:58 AM by Kostya
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I've had a read.
What I want to know is where TYT got "likely Republican voters" from? The study is also from last year. Still, it is depressing to realize that so many people still hold such views. Also concerning was the fact that 60% don't believe in evolution.
edited 2nd Mar '13 9:25:25 AM by Achaemenid
Schild und Schwert der Partei![]()
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Because there are populations which believe that preserving racial purity is a matter of great importance despite all the scientific and moral evidence to the contrary.
edited 2nd Mar '13 9:29:13 AM by OhnoaBear
"The marvel is not that the Bear posts well, but that the Bear posts at all."![]()
The issue is, how did they determine who is a "likely Republican voter"? What was the population size? What is the possible error persentage?
Depending on all those factors, it would be reletively easy to come up with those numbers by just asking the people in certain areas the "right" questions.
Yu hav nat sein bod speeling unntil know. (cacke four undersandig tis)the cake is a lie!Someone should Organize public sanitation workers to dump trash on the lawns of the congressmen who refused to vote on this bill's.
Or make it so the budget cut is first and foremost applied to their salaries. Like...completely applied. As in no money. Until they vote.
edited 2nd Mar '13 9:47:22 AM by DrTentacles
@Kostya.
What I want to know, though, is what their criteria for "likely Republican voter" were. If it was widely defined as anyone who is not a democrat, then this study is shocking and worrying. If it is, on the other hand, narrowly defined to only people with a party card, or even further in than that (after, all, people sometimes vote against their party), then the study is unpleasant but unsurprising.
Another relevant, or at least interesting factor would be the demographics of those asked, and especially those who said no to interracial marriage.
The exact question was: "Do you think that interracial marriage should be legal or illegal?"
edited 2nd Mar '13 9:37:07 AM by Achaemenid
Schild und Schwert der Partei![]()
I was mostly reffering to the questions used to determin the "likely Republican voter" status rather than that spesific question.
Sorry, hadn't read it. Just pointing out what possible concerns there are in just going off of those result percentages.
Their criteria for likely Republican voters was asking people they poled if they were registered republicans. They were all registered to vote in the Republican primary. I think that's enough to label them likely Republican voters.
edited 2nd Mar '13 11:22:46 AM by shimaspawn
Reality is that, which when you stop believing in it, doesn't go away. -Philip K. Dick

@Potatoes Rock: The problem is that the people who are electing the problems are insulated from reality; they'll blame Obama for everything that goes wrong.
I don't think America will actually collapse over this, but a Presidential coup (as in, setting a budget and ignoring Congress' complaints) is not out of the question. Which would be better than what we've got but still a bad thing.