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Politics : The Obama - Clinton Disaster
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To: Kenneth E. Phillipps who wrote (81219)11/11/2012 6:06:04 PM
From: Wayners  Read Replies (1) of 103300
 
Bondholders and prospective bondholders run this country not the Democrats or Osambo the Clown. Your victory is fleeting because those who are really in charge are going to stop buying bonds for no returns. Then what? Well, it won't be the Tea Party or a Boogeyman, it's going to be the Bondholders who are going to sell in waves, the debt markets will be closed, the ratings agencies will continue to downgrade, and there will be a mix of hyperinflation, a disintegration of entitlements AND half the Departments of the Fedral Govt are going to go away. Has nothing to do with Republicans, Tea Party, or even Democrats for that matter although they are ones that created entitlement programs that now compete with basic Federal Govt operations. The Democrats have chosen a disorderly default. The Rupublicans and Tea Party offered an orderly default.
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