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Budget and it will ultimately get us to a place where we can pay back debt. thank you, governor. when my son s boss asked why he wanted the day off, he said i get a chance to see romney and ryan, and he said you mean that guy that wants to raise taxes? what are you going to do to combat the lies the left are telling about you? yeah. thank you. it seems that the first victim of an obama campaign is the truth. it has been sad and disappointing. frankly, you know, when i became the presumptive nominee, the president called me and congratulated me on becoming the presumptive nominee and says the cult deserves an honest debate. i m waiting to hear him begin that. because all we ve heard so far ....
Revenue to pay the interest but not enough to pay the principle. and $2 trillion of the $14 trillion has to be paid back in the next year and a half. what the government will probably do is borrow money, perhaps from the same people it owes and recast the loan. the issue here, though, is we have not had serious questioning of the ability of the federal government to pay back its debt since the civil war that is how consistently the federal government has paid back debt. in part because the constitution requires it. and in part because we are in such a habit of borrowing the day we stop paying back in a timely manner is the day we cannot borrow more or we have to borrow at high interest rate which could be the likely outcome of this opinion today. not only did stocks go down but interest rates will go up. when you go to the federal government to borrow money, you hagel over interest rates. ....
Reputation. what pressures he may have faced who knows. shepard: you brought up human rights? judge napolitano: i does. the constitution requires the federal government to pay back debt. but the federal government has looked the other ways in many areas of the constitution, like who can start a war? can people be tortured? can they be tried before a military tribunal so if they avoid some parts of the constitution will they avoid others? the economist did not make the argument but it is an argument being made when you talk whether the federal government will pay back its debt. shepard: so if the constitution is not a cafeteria plan, can you not just pick and choose which entres you want, in other words you cannot take part and not all. jug judge napolitano: they took an oath to withhold the constitution f they raise the doubt ceiling, rather if ....
you re looking at a marriage class action lawsuit, you re going to have a lot of homeowners or would have been homeowners, now taking legal action to either refund the money they lost in the foreclosure or take steps necessary to possibly even get back into the house if it s vacant. this is opening up so many loopholes on situations that might not have been done properly. bottom line, when they took the mortgages out originally they acknowledged the fact that they re signing a note and paying back debt. for whatever circumstances, things happen, they didn t make the debt, they went into default and they lost the house. this might be an opportunity to jump back in or get monetary benefit for having these issues created. jenna: marks, you re anevidentor. does this send slivers shivers through the market in i m seeing reports of a t.a.r.p.2, that s what we re going to need to get out of this second phase of the housing crisis. markets need two things to be effective and efficient, n ....
Spokesperson for coons, and a political science professor. first, coons and the county counsel did raise property taxes three times in the past five years. that is a fact. second, the latest operating budget for the county where he is the chief executive is just under $236 million, that s of about $7 million from the previous year, that is up. and third, the bond rating, which is essentially the government ee give equivalent of a credit score, it shows how likely the government can pay back debt. this county has been bragging lately it has in fact had the highest possible bond rating for nine years, anderson. so it seems what you re saying is from what i m hearing, a mixed bag of facts and a little bit of fix to what gingrich said. reporter: you re absolutely right about, but it also needs context. the county embarked on unsustainable spending programs before coons was in charge, then ....