Article

2009-01-30 Home Front Economy

Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.

Posted by tipper 2009-01-30 10:24|| || Front Page|| [2 views ] Top

#1 The described situation is the result of decades of irresponsible government & private financing, not just this incident. Congress never reads the bills it passes, this is not new.
I very much doubt that the sovereign debt of the USA, as it stands today, can ever be paid back. The country's credit is now at the mercy of foreign lenders. At the moment they are all worse off than the US.

Posted by Anguper Hupomosing9418 2009-01-30 10:42|| 2009-01-30 10:42|| Front Page Top

#2 How long until the debt incurred under this program is so immense that it causes a downgrade in the sovereign debt of the USA? What happens to us then?

I don't think they'll quit spending money like drunken sailors until they do downgrade our debt rating. This stimulus contains every democrat pork dream for the last 30 years. We're going to have to run THEM broke before this stops, mark my words.

Posted by bigjim-ky 2009-01-30 12:16|| 2009-01-30 12:16|| Front Page Top

#3 Those who live in hope usually end up dying in shit.

Posted by Jack is Back!">Jack is Back! 2009-01-30 12:56|| 2009-01-30 12:56|| Front Page Top

#4 There's one easy, fast way to put a stop to all of the sh$$ in Washington. All you have to do is take about 250 congresscritters and 60-70 senators - from both parties - and hang 'em on the Mall. Do the same thing to a few dozen top "civil servants" and all the appointed heads of cabinet-level offices. Threaten to do it again if things don't improve DRASTICALLY. Then follow through. You may have to do it twice, but you won't have to do it three times. Of course, you've got to have the POWER to do it, or it's all for nothing. You also have to have the integrity to actually do ONLY what has to be done, and not start being power-hungry yourself. That limits the number of people you can turn to to do the job.

Posted by Old Patriot">Old Patriot 2009-01-30 21:14|| http://oldpatriot.blogspot.com/]">[http://oldpatriot.blogspot.com/] 2009-01-30 21:14|| Front Page Top

#5 OP, get out of my head. I've been saying what you said for years, and people look at me like I am crazy.

Posted by Marilyn Elmeger8261 2009-01-30 22:54|| 2009-01-30 22:54|| Front Page Top

23:57 JosephMendiola
23:38 JosephMendiola
23:36 DMFD
23:32 JosephMendiola
23:17 JosephMendiola
23:06 Cherelet and Tenille1095
23:01 ed
22:58 eltoroverde
22:54 Marilyn Elmeger8261
22:40 Mike N.
22:35 Lonzo Gleper2520
22:33 trailing wife
22:30 Mike N.
22:26 Mike N.
22:25 Lonzo Gleper2520
22:25 trailing wife
22:09 JosephMendiola
22:09 g(r)omgoru
22:01 Alaska Paul
21:58 JosephMendiola
21:55 JosephMendiola
21:54 Gabby
21:37 Dr Seussein
21:36 JosephMendiola