Greatest Accomplishment Since Capturing Bin Laden: We've Hit the Debt Ceiling
WE DID IT! WE DID IT! WE HAVE WON THE CONTEST TO SPEND THE MOST MONEY!
It's official: The U.S. government hit the debt ceiling on Monday, Treasury Secretary Timothy Geithner told Congress.
Geithner said he would have to suspend investments in federal retirement funds until Aug. 2 in order to create room for the government to continue borrowing in the debt markets.
Who says America isn't exceptional? Just look at that exception it needed in order to borrow more money: exceptional!
This is just like that film Blank Check . But will America get to fuck the woman from the FBI at the end even though we're like 12 years old? [ CNN ]
this means we can start a new war right?
Ronaldus Magnus in 1983: <i>The full consequences of a default &mdash; or even the serious prospect of default &mdash; by the United States are impossible to predict and awesome to contemplate. Denigration of the full faith and credit of the United States would have substantial effects on the domestic financial markets and the value of the dollar in exchange markets. The Nation can ill afford to allow such a result. The risks, the costs, the disruptions, and the incalculable damage lead me to but one conclusion: the Senate must pass this legislation before the Congress adjourns.</i>