The Obama - Clinton Disaster Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : The Obama - Clinton Disaster

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: DuckTapeSunroof who wrote (3824)	12/27/2008 12:15:39 AM
From: RMF	Read Replies (1) of 103300

Well, then I guess we should have just DEFAULTED on all U.S. debt paper, including Treasuries. Because if we had just let AIG and the other banks go down the drain it would have amounted to just that. We would have been a VERY BIG Iceland. They ARE going to make "structural changes", but first they have to keep the ship afloat. We're still just treading water here. We have "ARM resets" coming and "credit card defaults" coming and "commercial paper defaults" coming. The Country and the World is just trying to keep their heads above the water right now. With much lower tax revenues, and trillion dollar stimulus plans we're looking at a $1.5 Trillion deficit next year. BUT, even "conservative" economists aren't balking about the spending. THAT should tell you a LOT.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next