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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (88868)	7/16/2009 8:43:54 PM
From: ayn rand	Read Replies (1) \| Respond to of 94695

according to other sources the US has technically been BK since 1971 when they went off the gold standard

To: GROUND ZERO™ who wrote (88868)	7/16/2009 11:39:04 PM
From: Fiscally Conservative	Read Replies (1) \| Respond to of 94695

Last I heard the country was already Bankrupt! Printing money is the Fed's only saving grace and hence ours. Unfortunately you, I or the States can not print dollars at whim. So we rely on the Fed to print and then gives it away for us to spend so we can reinflate,gg. Oh la la. Churn churn churn this is what makes the butter taste so good. If you can afford the big house,car,summer home and boat than you can afford the taxes too. If you have to ask than you can not afford it. Such is life.

To: GROUND ZERO™ who wrote (88868)	7/17/2009 12:46:12 AM
From: Peter V	Read Replies (1) \| Respond to of 94695

And here I though the O'man was going to change things. Bush got the Medicare Prescription Drug, Improvement, and Modernization Act ("MMA") passed. W's own controller, David Walker, called MMA "...probably the most fiscally irresponsible piece of legislation since the 1960s... because we promise way more than we can afford to keep." en.wikipedia.org And now we have universal health care, probably MMA on steroids. I guess it's business as usual in big government. .