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Political and Religious Debate Political, economic, and religious debate.

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Old Aug 1, 2011, 02:18 AM   #1
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Thumbs Up! Debt Deal Reach

White House, congressional leaders reach debt deal - CNN.com
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Old Aug 1, 2011, 02:52 AM   #2
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Re: Debt Deal Reach

Smoke and Mirrors........
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Old Aug 1, 2011, 05:16 AM   #3
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Exactly!
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Old Aug 6, 2011, 05:17 PM   #4
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Re: Debt Deal Reach

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Smoke and Mirrors........
USA credit downgraded already ... expected it to be downgraded by much more
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Old Aug 11, 2011, 04:25 PM   #5
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Re: Debt Deal Reach

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USA credit downgraded already ... expected it to be downgraded by much more
watch it get further downgraded.. don't worry... at the rate they plan to fix anything.. (2017 is the new date in which they'll likely decide to push to 2023 or something).... repeatedly leaving the huge mess on the back burner..... i wouldn't be surprised if US was down graded to a single A in the next 10ish years... or if china and numerous other countries start dumping more treasury bonds and demanding debts be paid....

How a country can keep increasing it's debt is beyond me.... then again... when the country is ran by bankers.. they can just keep upping the credit limits..

Any single person can't go to a bank and say "hey, instead of $5000, your now going to give me $7500" and then not even let them respond in time... and expect to be able to bump up your debts to $7500 without giving a fuck. They'd all laugh at you and you'd get nothing but insufficient funds messages.
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Old Aug 13, 2011, 08:42 PM   #6
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Re: Debt Deal Reach

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Originally Posted by Judas View Post
watch it get further downgraded.. don't worry... at the rate they plan to fix anything.. (2017 is the new date in which they'll likely decide to push to 2023 or something).... repeatedly leaving the huge mess on the back burner..... i wouldn't be surprised if US was down graded to a single A in the next 10ish years... or if china and numerous other countries start dumping more treasury bonds and demanding debts be paid....

How a country can keep increasing it's debt is beyond me.... then again... when the country is ran by bankers.. they can just keep upping the credit limits..

Any single person can't go to a bank and say "hey, instead of $5000, your now going to give me $7500" and then not even let them respond in time... and expect to be able to bump up your debts to $7500 without giving a fuck. They'd all laugh at you and you'd get nothing but insufficient funds messages.
they don't realise or ignore the fact that they are f*cked ... same could be said about the Eurozone

a massive chunk of the eurozone and US debt has been down to the war on terror .... throwing billions and trillions fighting cvnts in caves ... it makes no sense
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