Silicon Investor (SI) -- The First Internet Community

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.

Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Think4Yourself who wrote (49724)	3/7/2006 1:27:55 PM
From: Tradelite	Respond to of 306849

re: your comment about "government default" I don't know much about the details and specifics behind Treas. Secretary Snow's request to Congress for an increase in the debt limit and all the talk about the government going broke..... but I do know of many instances in which the Executive Branch (President and Secretary of Treas.) have said that the government will have to shut down and no federal employees will be paid as of a specific date until some funding bill or another is passed on Capitol Hill. Take what you hear and read with a grain of salt. Hey... this is your government, where politics rule, and if the government were going broke in a few weeks, do you really think you'd only be hearing about it now? And better yet, do you think the cats on Capitol Hill would be "debating" and "posturing" about the request?

To: Think4Yourself who wrote (49724)	3/7/2006 1:32:17 PM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 306849

when this administration added that drug entitlement it was all over for fiscal solvency. Add that mess to Iraq, and what have you got, "brokeland". (I'll leave off the brokeback mountain joke segway here!!!) Its going to take 10 years for the next team to dig us out of this fiscal disaster. Part of the problem is the completely incompetant fiscal team headed by John Snow. I actually think we would have been better off if the Clinton team wasn't so good with money. The Bush dolts came in and had no sense of responsibility, like spoilt kids whose parents don't teach them the value of money. Fortunately things can't get worse, we have spent all we have.