Archived material Access restricted Article
Rantburg

Today's Front Page   View All of Mon 07/25/2011 View Sun 07/24/2011 View Sat 07/23/2011 View Fri 07/22/2011 View Thu 07/21/2011 View Wed 07/20/2011 View Tue 07/19/2011
1
2011-07-25 Economy
U.S. May Default June 28 ...... 2002
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 Bobby 2011-07-25 06:39|| || Front Page|| [2 views ]  Top

#1 They don't understand what default means. But the market does. That's why the panic is all in the media, which otherwise would not have a story now that Casey Anthony can't even generate a line at a dunk tank.
Posted by Nimble Spemble 2011-07-25 08:20||   2011-07-25 08:20|| Front Page Top

#2 US Debt-to-GDP is officially no longer at late 60's when I was a young child, nor even IIRC the 96% from just a couple of years ago as in the present - whatever direct andor indirect reserves or assets the Congress could had used to offset was used up empowering the NANNY-WELFARE STATE IN AMERICA = AMERIKA.

US GDP = ACCOUNTS RECEIVABLE is officially at US$14.3Trilyuhn while US Debt is US$14.4-14.8Trilyuhn + rising.

What are the US Congresscritters going to achieve save for moving towards GREECE-STYLE OR JAPAN-STYLE SUPER-DUPER, "WHY YES, WE CANNOT CONFIRM OR DENY OUR DEBT IS MEGA/OMNI-MASSIVE" INSOLVENCY???

D *** NG IT, WE ARE NOT SATISFIED WID "SPEND SPEND SPEND BECAUSE THE MOON IS NOT MARS OR MERCURY, + NEITHER IS RIGEL OR BETELGEUSE!

Only Leftist-Socialists + anti-US "Globalists" [OWG-NWO], + Nuclear Islamists, Militants-Terrorists will be happy.

Its 1945, the NOT-5000-SHIPS, 285-VESSEL US NAVY IS OFF OKINAWA, + THE CHINESE, RADICAL ISLAMIST "NUCLEAR" KAMIKAZES = CAMEL-KAZES HAVE NOT BEGUN THEIR MASS ATTACKS YET. THEY HAVE NOT YET BEGUN TO FIGHT.
Posted by JosephMendiola 2011-07-25 19:52||   2011-07-25 19:52|| Front Page Top

23:54 trailing wife
23:51 trailing wife
23:47 trailing wife
23:43 USN, Ret.
23:29 newc
23:25 JFM
23:15 trailing wife
22:07 trailing wife
22:02 KBK
21:39 Iblis
21:36 badanov
21:36 newc
21:33 JosephMendiola
21:30 JosephMendiola
21:04 USN, Ret.
21:03 Lemuel Prince of the Platypi8406
21:03 RandomJD
20:58 Alaska Paul
20:54 Jan at work
20:37 mom
20:36 mom
20:28 Barbara
20:22 Zhang Fei
20:21 newc









Paypal:
Google
Search WWW Search rantburg.com