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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: i-node who wrote (224511)	3/16/2005 8:57:47 PM
From: Road Walker	Read Replies (1) \| Respond to of 1572629

re: No, it isn't. The United States is nowhere near financial inviability today. LOL, is that the benchmark, let's spend more! You call yourself a conservative, you piece of shit! re: I can't believe how uninformed you are on this subject. Well, I can, but I can't believe you continue to post here about it knowing as little as you do. More crap without substance. It's easy "I can't believe you continue to post here about it knowing as little as you do". Nobody takes you seriously. John

To: i-node who wrote (224511)	3/16/2005 9:34:16 PM
From: combjelly	Read Replies (3) \| Respond to of 1572629

"The United States is nowhere near financial inviability today." No, but problems can crop up well before then. Ok, what happens when foreign countries are no longer interested in buying $400 billion plus of Treasuries every year to cover the deficit? Either the rates have to go up or they have to print money to cover the difference. You do know the problems caused by those two activities? Now, factor in the news that China is going to reduce its buying of US Treasuries and Japan is considering the same... Once a few start, then everyone will be moving in that direction. And that leads to all kinds of problems. It wasn't that long ago that we faced stagflation, and we weren't within an order of magnitude of the deficits and debt that we have now. I just don't understand the enthusiasm to re-experience those heady days that so many "conservatives" seem to express.