Raising the debt limit? - Net54baseball.com Forums

Welcome to Net54baseball.com. These forums are devoted to both Pre- and Post- war baseball cards and vintage memorabilia, as well as other sports. There is a separate section for Buying, Selling and Trading - the B/S/T area!! If you write anything concerning a person or company your full name needs to be in your post or obtainable from it. . Contact the moderator at leon@net54baseball.com should you have any questions or concerns. When you click on links to eBay on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network. Enjoy!

09-09-2011, 11:25 PM

drc

Member

Join Date: Apr 2009

Posts: 2,621

As far as raising the debt limit goes, you have little choice but to pay your debts. Raising the debt limit was about paying debts due. Whether you're person, company or country, defaulting on loans is bad news for your future credit and financial viability ... I agree that not getting into debt is the ideal thing, but defaulting on money you owe to others is a highly unsound choice-- and most probably illegal, even if you are the U.S. of A.

Last edited by drc; 09-09-2011 at 11:36 PM.

« Previous Thread | Next Thread »

Posting Rules
You may not post new threads You may not post replies You may not post attachments You may not edit your posts BB code is On Smilies are On [IMG] code is On HTML code is Off Forum Rules

Forum Jump

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
T205 topic	Pup6913	Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions	3	10-27-2009 09:05 PM
New Pre-War HOFers? ESPN.com Article	Archive	Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions	108	08-27-2008 10:58 PM
T206 Hall of Famer Post.... No limit	Archive	Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions	53	02-14-2007 11:58 AM
Ebay raising fees again!!!	Archive	Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions	10	08-18-2006 07:56 PM
Anyone know this guy...Jim Pavlish from ABC Trading	Archive	Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions	72	04-28-2006 10:08 PM

All times are GMT -6. The time now is 07:16 PM.