Fail Quotes

[evensgrey]

Well, yes. I meant, what would the short and long term consequences be on the market, society, foreign relations, etc.?

Let's see, short term domestic effects would be a massive collapse in the banking sector, and massive impoverishment of people foolish enough to hold government bonds, and the complete and instantaneous collapse of the Social Security Fund, which consists almost entirely of government bonds, and the collapse of the US dollar, which is backed only by such bonds, just for starters.

In the longer term, the US would have a permanent credit rating of zero in all markets, making it impossible for it to ever borrow money again from anyone except the Fed, which has both an unlimited ability to create cash out of nothing and is under the total control of the US government.

Overseas, US government bonds would be essentially worthless since the US would have just reneged on its' debts internally and made its' own currency worthless.

It's difficult to see how hyperinflation would not begin immediately.

[Lord T Hawkeye]

That's a funny irony isn't it?  People bash the banks for giving out loans to people with bad credit yet have no trouble with even more toxic loans being given to the US government?  Wow...

[nilecroc]

http://www.thedailybeast.com/articles/2013/09/29/the-connection-between-obamacare-and-breaking-bad.html

[MrBogosity]

http://www.thedailybeast.com/articles/2013/09/29/the-connection-between-obamacare-and-breaking-bad.html

Same response as the earlier graphic: Walt had many people offering to pay for his care. He didn't take the money because he didn't like charity; he wanted to earn it himself.

[AnCap Dave]

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[Skm1091]

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A Chris Valentine says

Ration thought can overcome it, constitutional rights can be repealed

[nilecroc]

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A Chris Valentine says

In other news, study finds a hight correlation between shoe ownership and homocide. Also, if violent crime is lowering, then why are homocides such a problem?

[nilecroc]

https://m.facebook.com/hashtag/dearcongress?tloc=msi&__user=100000247848017

Dear congress is trending on facebook, with a lot of people blaming republicans and some people wanting sonething ti just be done. Sone examples:‪"#‎DearCongress‬ shame on you for holding us hostage while pandering to tea bag Taliban GROW UP!" "Yesterday I listened to a report on NPR about how Head Start programs were being affected by the government shutdown. Sometimes grown people don't think about how much pain their childish actions cause children, or maybe they just don't care. ‪#‎DearCongress‬"

"Can you name a federal budget that wasn't passed because Congressional members wanted to defund a law or program that Congress had previously passed. If not these actions are unprecedented. ‪#‎DearCongress‬"

[MrBogosity]

"Can you name a federal budget that wasn't passed because Congressional members wanted to defund a law or program that Congress had previously passed. If not these actions are unprecedented. ‪#‎DearCongress‬"

Considering Congress hasn't actually passed a budget since 2009...

[Travis Retriever]

So in the comments of this video:
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From a guy named Sam Clinton or whatever: "It is unpractical to try to rationalize with anti-"statists" aka nut job libertarian anarchists. Once we rational people realize the type of mind we're dealing with the most appropriate thing to do is to declare that the person is stupid and thus can't be rationalized with. Then we move on. There's nothing you can do about it except cry like a baby because the collective is always stronger than individuals. Cry me a river. hahahaha. It's so unfair. Wawawa. Hahahahaha. You guys crack me up. :-)"

In response to Hawkeye informing him that the Fed is NOT private.  Good lord.  What an asshole.

As for the Fed being "private", I believe this thread put it best: https://www.bogosity.tv/forum/index.php?topic=441.msg6490#msg6490 before that woo killed it off.  And of course a guy from the old Mises Forums (now defunct, sadly):
"The very fact that people can call a government central bank, created by Congress, with 7 board members appointed by the President and confirmed by the Senate, operating under the decree of government creating legal tender, and being exempt from taxes, and free from any competition 'de jure private' is just completely laughable in itself."

[nilecroc]

So in the comments of this video:
[yt]w4HGVJjqDVk[/yt]

From a guy named Sam Clinton or whatever: "It is unpractical to try to rationalize with anti-"statists" aka nut job libertarian anarchists. Once we rational people realize the type of mind we're dealing with the most appropriate thing to do is to declare that the person is stupid and thus can't be rationalized with. Then we move on. There's nothing you can do about it except cry like a baby because the collective is always stronger than individuals. Cry me a river. hahahaha. It's so unfair. Wawawa. Hahahahaha. You guys crack me up. :-)"

In response to Hawkeye informing him that the Fed is NOT private.  Good lord.  What an asshole.

I don't think this guy knows what rational means.

[Ibrahim90]

Considering Congress hasn't actually passed a budget since 2009...

tell me about it....

it's clearly the fashion, near as I can tell from the news, for congressmen of one party to blame the other party, or vice versa, while at the same time acting holier than thou towards one another, and those questioning the stupid. They all also agree that they should waste money, differing only in where to piss it away.

not that that is anything new, but how blatant it is is quite novel XD

[Skm1091]

In other news, study finds a hight correlation between shoe ownership and homocide. Also, if violent crime is lowering, then why are homocides such a problem?

Oh one more thing to add to the fail.

Every comment mention how gun control "worked" in australia, canada, UK etc

[nilecroc]

Oh one more thing to add to the fail.

Every comment mention how gun control "worked" in australia, canada, UK etc

It reminds me of the video game debate. My high school teacher's used to say that there was a high correlation between video games and people who did mass shootings. It pissed me off so much, especially with violent crime rates lowering for the past 15-20 or so years.

[nilecroc]

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One of the top comments is real fail:

lol Dude, you're conflating different issues here

1) it's always been Congress's responsibility to write & deliver a budget to the President to sign/veto. Only Congress can decide what goes in the budget & gets funded in accord with the law & budgetary obligations

2) Wars can be started by Presidents but can only continue if Congress funds them

3) The debt ceiling's a separate issue

4)The government has shut down only 'cause House Republicans refuse to fund Obamacare which IS the LAW of the land


The video itself is fail to. If science is so dependent on an organization with 16 trillion+ dollars of debt, then they should other sources for funding. And the part about essential services is funny, if only non-essential services are being shutdown, then why the hell not go the extra step and  privatize or abolish it all together. This should be pretty obvious stuff.