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2011-07-19 Economy

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Posted by g(r)omgoru 2011-07-19 03:06|| || Front Page|| [4 views ] Top

#1 On the radio last night, amidst the "Trunks are evil; Obama is reasonable" news, was this little tidbit:

49% of those polled do not want to raise the debt ceiling.

Now that's a groundswell!

Posted by Bobby 2011-07-19 05:54|| 2011-07-19 05:54|| Front Page Top

#2 IMF and Moodys either keep raising the debt ceiling or don't have one! I am waiting for my credit card from MOODYS no limit I will be buying surplus silos with live functioning munitions in them, anyone have a spare aircraft carrier sitting around? Everyone in the United States will be getting that new credit card from the rating agencies, live it up!

Posted by Omairt Lumumba7740 2011-07-19 07:18|| 2011-07-19 07:18|| Front Page Top

#3 It's not a question of if it's going to collapse, it's one of when it's going to collapse. The Trunks will have the best bid on 'I told you so' as they're all lined up for their turn at the rope.

Posted by Procopius2k 2011-07-19 07:48|| 2011-07-19 07:48|| Front Page Top

#4 The feds now borrow 43 cents of every dollar they spend. Under Obama, outlays have soared to nearly a quarter of GDP (the historical average is just under 20 percent) -- and once ObamaCare starts to fully kick in around 2014, it will only rise.

The use the O'Bumble metaphor, Obama has driven the Yugo, the electric car, or the golf cart off the cliff; it has crashed at the bottom, and it is now in flames and burning.

Posted by JohnQC 2011-07-19 17:07|| 2011-07-19 17:07|| Front Page Top

#5 Maybe it was one of Green Vehicles; the TRIAC 2.0 or the MOOSE, which was funded by the govmint.

Posted by JohnQC 2011-07-19 17:11|| 2011-07-19 17:11|| Front Page Top

#6 IIRC CNN AM repor on calls in Washington for POTUS BAMMER + GOP-DEMS to just fergit about the formal Debt Ceiling, or any Debt Ceiling limit for that matter, + just "spend, spend, spend" as pertinent.

Greece-style under 1.60x insolvency, versus Japan-style 2.26x insolvency.

D *** NG IT, AMERICA = AMERIKA IS A GLOBAL SUPERPOWER OR HYPERPOWER - CLEARLY WE NEED 3X OR GREATER INSOLVENCY JUST BECAUSE WE CAN! ITS OUR RIGHT!

Espec iff NASA-JPL wants to start deep space exploration during a long-lasting, US-World Debt, Economic Crisis = "Peak Everything".

Posted by JosephMendiola 2011-07-19 22:35|| 2011-07-19 22:35|| Front Page Top

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19:54 My two cents