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Politics : View from the Center and Left
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To: Steve Lokness who wrote (206407)10/31/2012 10:36:10 AM
From: Metacomet  Read Replies (2) of 541933
 
Sooooo, how does the debt get paid down?


It doesn't

The debt is history

It may have escaped your attention, but we don't have debtors prison any more

And foreclosure is not a death sentence, nor is bankruptcy

...and sanity dictates that we don't forfeit the future to make the wealthy wealthier

The question is how do we structure the "managed bankruptcy" in Romney talk going forward

Or will China foreclose on say, New York City to satisfy their debt?

Or would they prefer a functioning USA to sell their stuff to going forward?

Your particular insanity rotating around a fixation on an economic concept that can and will be ignored at some point is really becoming tedious
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