It has to be, before any other spending can take place, and that's constitutionally guaranteed. It was the trump card that Obama didn't have to use -- he -could- have unilaterally raised the debt ceiling, but it would have torpedoed any sort of chance he'd have for being re-elected.
No. I think you are misreading the 14th amendment. It does not talk about prioritization of payments. And It sure as hell doesn't authorize the president to unilaterally issue debt.
There are several aspects of the device and/or software that are absolutely stellar. Incomparably better than anything else I've seen. I hope that journalists and bloggers recognise those when they finally get their hands upon one. . . . Of course, there's one reason why I have the views and insights that I do
Could you just tell us what the subtly stellar aspects are?
This is why the whole gold standard people are nuts. Yes, gold is worth a lot of money today because people value gold. If all the world paper economy really did crash tomorrow, gold would crash with it. It would crash because nobody would give a shit about shiny metal, everyone would be worried about food, water, guns, and ammunition.
I'm not out to make exact predictions on the value of gold, but I'm pretty sure we have several millenia of data from many cultures to support the claim that people consistently attach value to the shiny metal, even in time of major upheaval.
You basically have to be at the point of imminent death before gold becomes just another rock.
That $100k FDIC should really be $1m to account for inflation in the last 30 years. Little people are really, really screwed.
First, it has been upped, originally it was $2,500 (1934)
Second, it is not $100k, but $250k (as of 2008).
But that falls on the user to ensure what is or isn't updated, which seems to be asking too much from many.
Am I reading this right?
If I'm running sid, then sure, I should watch out for broken updates. But if I'm running a distro that doesn't brand itself as pre-testing and unstable, it isn't my job as user to monitor the updates for potential breakage. Rather, it is the distro's job to test its updates before it pushes them out for general consumption. I think it is asinine to suggest that the users of a stable distribution shuold need to check the stability of updates that are pushed by the distribution.
The trouble with computers is that they do what you tell them, not what you want. -- D. Cohen