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.

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

To: Brumar89 who wrote (480939)	5/15/2009 1:56:55 PM
From: tejek	Read Replies (3) \| Respond to of 1571924

Prices have risen on credit default insurance on US government bonds, meaning it costs investors more to protect their investment in Treasury bonds against default than before the crisis hit. It even, briefly, cost more to buy protection on US government debt than on debt issued by McDonald’s. Another warning sign has come from across the Pacific, where the Chinese premier and the head of the People’s Bank of China have expressed concern about America’s longer-term credit worthiness and the value of the dollar. This surprises you....WHY? Why do you think so many of us are angry? This is all Bush/Cheney's doing. CJ, RW et al have been screaming for years that America's financial position was going South. You all said nada. So now that Bush is out of office...don't come to me trying to blame Obama for this mess. You all are responsible......everyone of you who voted Bush back into office in 2004.