Who do we stiff in a default

18 Jul 2011 14:05 #41 by UNDER MODERATION
Replied by UNDER MODERATION on topic Who do we stiff in a default

Martin Ent Inc wrote: Sorry you have to use a cane now,,, Crip... rofllol


Hardly..Since I was stung by a stingray I shaved 6 seconds of my 14 flight of stairs run..I do it in 43 seconds now....

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18 Jul 2011 14:15 #42 by LOL
Replied by LOL on topic Who do we stiff in a default
Hey VL :wave:


If you want to be, press one. If you want not to be, press 2

Republicans are red, democrats are blue, neither of them, gives a flip about you.

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18 Jul 2011 14:20 #43 by Martin Ent Inc
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18 Jul 2011 14:21 #44 by UNDER MODERATION
Replied by UNDER MODERATION on topic Who do we stiff in a default

Joe wrote: Hey VL


Well...I had a few beers before lunch by the pool, and at the Fishhouse bar n Grill...But i'm completely straight now. Dales Pale Ale is $7.99/6pk down here? Its like $13 at biggies!...What gives? I like it because its the best beer in a can, and there's no glass allowed by the pool..

And FYI- These are my opinions- anyway you look at it the military is a giant waste of money and Nobody in it should take offense by me posting that either..I'm not bashing individuals, i'm bashing the budget

Navy is being a big baby

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18 Jul 2011 14:24 #45 by FredHayek
Back on topic. Consider this, who is going to finance this debt? If we wind up 45 trillion in the hole, which economies of the world are going to finance it? China and others would have to devote 10% of their monies to keep the US afloat.

Too big to fail? The rest of the world might have to prop us up because if we can't keep up our debt payments, the rest of the world crashes too.

I really worry if we start having to pay 9% on our debt like Greece, our debt load doubles every 8 years!!!!

Just like the Right is wrong when they think we can pay our way out of debt without increasing taxes, I think we also can't spend our way out of debt. It is like digging out a hole you are standing in, you just get in deeper.

Thomas Sowell: There are no solutions, just trade-offs.

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18 Jul 2011 14:31 #46 by Martin Ent Inc
China will just start moving here and forclosing on there loans.
The SWHTF soon.

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18 Jul 2011 14:32 #47 by LOL
Replied by LOL on topic Who do we stiff in a default
I think Hyperinflation or eventual Default are the only plausible scenarios. The hole is too deep now. Start planning now.

In reading a lot of posts on this forum, I have come to realize that most people truly do not comprehend the numbers and trend. I repeat, we are toast. Just like the underwater mortgage holder who is clinging to a hopeless scenario and pouring money into a futile interest payment.

If you want to be, press one. If you want not to be, press 2

Republicans are red, democrats are blue, neither of them, gives a flip about you.

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18 Jul 2011 14:39 #48 by UNDER MODERATION
Replied by UNDER MODERATION on topic Who do we stiff in a default
lol

Chicken Littles

You saps didn't say anything about the debt until the media started talking about it recently, now it's the end of the world...Ha ha ha ha What happened to illegal immigration being the end of the world guys, and whats it gonna be next year?

The wars for no reason put us here, we told you, but you thought it would make yo safer so you let them loot the treasury.

idiots


well be fine, so just watch Dancing with the Stars and STFU

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18 Jul 2011 14:44 #49 by Martin Ent Inc
As investigative journalist and author David DeGraw writes:
"[Their] crimes are so big, so huge in scale, it is very hard for people to even wrap their head around it. The audacity and absurdity of it all is mind-boggling. No free market, no democracy of any kind. All done in secrecy... they have put into motion a system that will...destroy the very existence of what is left of an economic middle class. Talk about the ransacking and burning of Rome! No matter which way you look at it, we are all in serious trouble!"

The Government theft of our food supply will likely escalate... as our currency continues to inflate... and as global supply routes get choked off.

"Most of the impact won't be felt for six months," said Scott Irwin, an agriculture-economics professor at the University of Illinois.

But as you'll soon see, all of this is really just a symptom of a much deadlier disease, which could affect where you drive, shop, and work... how you prepare for retirement...even your medical care.

And when this crisis erupts with full force here in the United States, there may be nothing that can save us....

I realize that sounds rather dire, but over the past 100 years, more than two dozen countries have faced the exact same crisis. And, when governments began "stealing" from their citizens in this secret way, the result was a crisis of epic proportions...

Greece, China, Germany, Argentina, Hungary, Japan, Russia, Brazil, Austria, Turkey, Philippines...Taiwan.

I have been on top of this for the past year. It is already happening and the grasshoppers that sit and wait will die a slow death.

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18 Jul 2011 14:47 #50 by Lucky
Replied by Lucky on topic Who do we stiff in a default
Lets just stiff all registered Republicans that get any bucks from the government?

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