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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG (MODERATED) -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (42)	11/25/2013 8:25:18 PM
From: Fintas	Respond to of 51

TOMMASO.. When you are right, you are right. And the post you just put up GETS an A+ These two excerpts you wrote say it all: "But what the U. S. Treasury has been doing for some years is to pay bills by drawing on an overdraft account. But instead of the banker (the Federal Reserve) setting the credit limit, the borrower itself (the Congress) sets the limit (the debt ceiling). Then Congress fights over which bills to pay somewhat like an acrimonious kitchen-table dispute in a family that is drowning in debt." "To drop any analogies, the federal government is, simply, bankrupt. It has given itself a credit extension of three months. " Fintas