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Old 08-09-2011, 11:12 AM   #51
Minte
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Originally Posted by spazlabz View Post
+1

the dude folds like an old lawn chair
Who are we talking about? The commander in chief.the LEADER of the free world. The most powerful man on the planet..
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Old 08-09-2011, 11:17 AM   #52
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They can print money. They are AAA... Debt can be repaid overnight with massive inflation... There is no chance of default, except politically.
Not sure you understand how economic systems work. Looks like you, Greenspan and Bernanke have something in common.
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Old 08-09-2011, 11:32 AM   #53
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Not sure you understand how economic systems work. Looks like you, Greenspan and Bernanke have something in common.
Greenspan and Bernanke aren't Canadian.
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Old 08-09-2011, 12:10 PM   #54
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No Chance? Then why was Obama on TV every day for a week, up to the Last 24 hours right before the default?

Remember we were going to default, or nnot pay old people or what ever fear they wanted to say at the time.

Yes Both sides use fear, just saying!
The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned. But neither the United States nor any State shall assume or pay any debt or obligation incurred in aid of insurrection or rebellion against the United States, or any claim for the loss or emancipation of any slave; but all such debts, obligations and claims shall be held illegal and void. ?Section 4 of the Fourteenth Amendment
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I rebooted, deleted temp files, history, cookies and everything...still cannot view the news clip. All I see is that fucking gay ass music video from "Rick Roll". Anyone else have a different link to the news clip?
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Old 08-09-2011, 12:11 PM   #55
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Not sure you understand how economic systems work. Looks like you, Greenspan and Bernanke have something in common.
Oh and Warren Buffet too.

It would be a disaster and would fuck up the balance, but technically they could. The US would definitly lose it's status as the world's reserve currency quickly thought.
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I rebooted, deleted temp files, history, cookies and everything...still cannot view the news clip. All I see is that fucking gay ass music video from "Rick Roll". Anyone else have a different link to the news clip?
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Old 08-09-2011, 12:16 PM   #56
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With a 4 % sales tax your whole national debt would be repaid in a few years. Logically, you guys aren't even close to defaulting right now.

Your politiccal system is just so polarized that it makes everything highly political and explosive, and in the end, nothing gets done because both party are destroying each other's work.
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I rebooted, deleted temp files, history, cookies and everything...still cannot view the news clip. All I see is that fucking gay ass music video from "Rick Roll". Anyone else have a different link to the news clip?
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Old 08-09-2011, 01:00 PM   #57
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"U.S. will always be a triple A country"

http://www.cbsnews.com/video/watch/?... alth%3A+WebMD)

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Both good actors!
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