Heard this on Bill O' Reilly the other night and it makes perfect sense. lol
Since neither party is willing to stop spending or start taxing enough to pay off the trillions worth of debt, Dennis advises to sell all the debt we can, and then default!
Once the US defaults, no one will lend to us anymore and we will have to work with a balanced budget.
:can't hear And I don't want to hear that people will still lend to the US if they get a 30% interest rate.
Thomas Sowell: There are no solutions, just trade-offs.
well something to think about. wonder what that would mean to have china as landlord?
bumper sticker - honk if you will pay my mortgage
"The problem with Socialism is that eventually you run out of other people's money." attributed to Margaret Thatcher
"A wise and frugal government, which shall leave men free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned - this is the sum of good government." Thomas Jefferson
