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To: Cogito Ergo Sum who wrote (74130)5/11/2011 9:11:47 PM
From: Maurice Winn1 Recommendation  Read Replies (1) | Respond to of 217889
 
BS, I don't accept that somebody else can vote for me to repay a loan that they take to pay salaries and perks to themselves and their buddies. < That is the contract the public entered into whereby they agreed to the debt... > When current politicians enter into a contract with somebody, that's no obligation on me. I have not made a contract.

It was quite sensible that Iraqis default on borrowings made by Saddam Hussein.

People who have accepted USA promissory notes had better watch out. Any time, USA citizens can vote "We don't owe the money. Let's print a new currency and issue it to ourselves". If holders of US$ don't like it, or people have loaned money to the USA government, too bad for them.

That's the way these things end up. Promissory notes are worth only the reputation of the people providing the promise. How do you know when a politician is lying? When their lips are moving [making promises].

Mqurice