tag:blogger.com,1999:blog-5387053284149226571.post2302492470195022811..comments2024-03-28T03:21:19.079-04:00Comments on The Coming Depression: Failure to raise debt ceiling would put economy in perilEconomic Analysthttp://www.blogger.com/profile/04338902162073990568noreply@blogger.comBlogger24125tag:blogger.com,1999:blog-5387053284149226571.post-76521666069572785612011-07-20T18:35:47.512-04:002011-07-20T18:35:47.512-04:0011:44,
is that debt going to be paid off by havi...11:44, <br /><br />is that debt going to be paid off by having everyone under 50 work flipping burgers or at walmart for 30 years? Well, it wouldn't be all of them. Those too intelligent would probably kill themselves, and those in debt maybe the same.<br /><br />Only the kids of those in the white house or the bankers will have a way out. <br /><br />Pray to whatever may be there that shit collapses officially.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5387053284149226571.post-82139842915899352662011-07-20T11:44:46.342-04:002011-07-20T11:44:46.342-04:00I'm so sick of hearing "not raising ceili...I'm so sick of hearing "not raising ceiling" means default. IT DOES NOT! The US has plenty of tax revenues to pay the note on all of our debt.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5387053284149226571.post-35725269232701547092011-07-20T04:39:04.967-04:002011-07-20T04:39:04.967-04:00This guy John Carney is a traitor. He ought to be...This guy John Carney is a traitor. He ought to be sent to Siberia. John - you and yours have BANKRUPTED AMERICA. Stop spending TRILLIONS OF DOLLARS in Afghanistan, Iraq, Pakistan, Libya, and in countless wasteful government programs. You are fired, John!<br /><br />How much did the bankers pay you to say this John????Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5387053284149226571.post-20147787327514165922011-07-20T04:32:42.071-04:002011-07-20T04:32:42.071-04:00See how Peter Schiff eloquently exposes this debt ...See how Peter Schiff eloquently exposes this debt ceiling fraud (video link below). This is pure blackmail on the part of the government. Let the U.S. government fail! Let it fail! Stop the New World Order, which is being funded by the blood, sweat and tears of hardworking Americans and others around the world. <br /><br />The U.S. government is like a rich bitch with a credit card who spends like there's no tomorrow, and then threatens to not pay her credit card bill unless her credit limit is increased, after she has maxed out her card. Bull crap! Stop spending. Stop the charade. Stop wasting OUR MONEY (mine, yours, and our children, and our grandchildren). <br /><br />http://www.youtube.com/watch?v=Doanpd2JEk0<br />(excellent 7 minute video w/ Peter Schiff).Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5387053284149226571.post-55822832946994586542011-07-20T01:24:48.213-04:002011-07-20T01:24:48.213-04:00Raising the limit wont matter really. The US is in...Raising the limit wont matter really. The US is in a debt spiral. The deficit has tripled since Shrub came into office and will have quadrupled within the next couple of years. Only solution: massive re-structuring, massive defense cutbacks, ending of wars, changing of lifestyle and more.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5387053284149226571.post-6196393280430932942011-07-20T00:20:51.876-04:002011-07-20T00:20:51.876-04:00Also remember not to think. Higher thinking is soo...Also remember not to think. Higher thinking is sooo over-rated, LOL.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5387053284149226571.post-76241096890261076982011-07-19T23:07:16.061-04:002011-07-19T23:07:16.061-04:00The baby-boomers that grew up in an actually free ...The baby-boomers that grew up in an actually free country and let it become what it is today, do not deserve their golden years, sorry.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5387053284149226571.post-4448946150533000532011-07-19T21:51:16.146-04:002011-07-19T21:51:16.146-04:00Russia = End of World
3 Mile island = End of World...Russia = End of World<br />3 Mile island = End of World<br />Chernoybl = End of World<br />Exxon valdez = End of World<br />Tsnunami = End of World<br />Gulf Oil Spill = End of World<br />Katrina = End of World<br />California Earthquakes = End of World<br />Tangshan Earthquake = End of World<br />Iran Earthquake of '90 = End of World<br />Austrailian Drought = End of World<br />African Drought of '81-'84 = End of World<br />1957 Asian Flu = End of World<br />Nazi Germany = End of World<br />Greece = End of World<br />Blah Blah fucking Blah - If you wake up tomorrow<br />who else on the planet really gives a fuck?<br />Enjoy the ride; the same one that's been goin' on since the beginning of time and the same one that will be going on long after these schoolchildren are done playing games with our monopoly moneyAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-5387053284149226571.post-35544092096804153922011-07-19T17:59:05.714-04:002011-07-19T17:59:05.714-04:00lol-how can they not spend? that's silly..:)) ...lol-how can they not spend? that's silly..:)) half the economy is held up by dependance on gov spending. thus the horror at cutting spending. remember though, it's paper...even food stocks will be more valuable, give it time.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5387053284149226571.post-9576068217123406622011-07-19T17:52:06.628-04:002011-07-19T17:52:06.628-04:00Fascism = corporate/bank controlled government.
C...Fascism = corporate/bank controlled government.<br /><br />Could not define us any better.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5387053284149226571.post-2340372383664344692011-07-19T17:37:22.314-04:002011-07-19T17:37:22.314-04:00yes 506 the illegal federal reserve bank makes th...yes 506 the illegal federal reserve bank makes the money and control the votes in courts and congress so that the corporation officers do what the fed wants which includes moving the corp to another country , so the question is how can you and i change that so the power of making money is given back to the u.s. treasuryAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-5387053284149226571.post-70999038036789855282011-07-19T17:21:57.789-04:002011-07-19T17:21:57.789-04:00no 506 the charter of corporations that enable t...no 506 the charter of corporations that enable them to move to another country is the problemAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-5387053284149226571.post-18927836419798707012011-07-19T17:06:05.148-04:002011-07-19T17:06:05.148-04:00Maybe it will. But at the same time it will also ...Maybe it will. But at the same time it will also put the economy deeper in trouble. So what next? Another rise in the debt ceiling will be needed down the road and you will say failure to raise the debt ceiling will put the economy in peril. And then another, and another and eventually it must end. Then what? The truth is all of the past increases in the debt ceiling are what put the economy in peril and now we are simply staving off the inevitable. Each time it takes more then last time to prevent the disaster. Perhaps 6 years ago with the low deficits it may have made sense to increase the debt ceiling a little. But now with the HUGE deficits and the need to raise the debt ceiling by a HUGE amount isn't it obvious to everyone that we are done???Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5387053284149226571.post-75634733811760112442011-07-19T16:19:42.380-04:002011-07-19T16:19:42.380-04:00If you are a regular reader of this blog and simil...If you are a regular reader of this blog and similar sights then you are "awake" and realize the issues at hand...you can only do so much for your fellow citizens and realize that most willingly ignore their plight.<br /><br />In 4-5 weeks Football season will begin and with it the preoccupation of "bread and circus" for the Sheeple...distraction for the masses.<br /><br />Awoken Citizens and Patriots... prepare yourselves and your families...it's too late for the Sheeple and our country!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5387053284149226571.post-74986053996428461992011-07-19T15:34:45.757-04:002011-07-19T15:34:45.757-04:00How would more debt save a family from destruction...How would more debt save a family from destruction in the future. Maybe for the time being, but not in the long run.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5387053284149226571.post-15937864461020191122011-07-19T14:34:13.288-04:002011-07-19T14:34:13.288-04:0011:48> billionaires? They were all trillionair...11:48> billionaires? They were all trillionaires long ago. Just think of it. We are all going to be trillionaires! When you were a kid you wanted to be a fireman, an astronaut or a millionaire!<br /><br />Drumroll>>> TRILLIONAIRE! Wow. Can't wait.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5387053284149226571.post-46963251004164896202011-07-19T13:09:08.984-04:002011-07-19T13:09:08.984-04:00When I got my first Credit card, it had a $200.00 ...When I got my first Credit card, it had a $200.00 limit. If I hit the limit, it was not automatically raised. I had to live within my "credit means". <br /><br />Why can't the bastards in DC do the same thing?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5387053284149226571.post-21560314820019870362011-07-19T12:32:15.139-04:002011-07-19T12:32:15.139-04:00Do you actually think we are not going to raise th...Do you actually think we are not going to raise the debt ceiling? I mean come on now<br />The economy is in rough shape by all mean<br /><br />http://www.dailyjobcuts.comAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-5387053284149226571.post-85241754043554187912011-07-19T11:48:26.425-04:002011-07-19T11:48:26.425-04:00The only thing we can conclude is this:
Simply pu...The only thing we can conclude is this:<br /><br />Simply put (for the Sheeple)<br /><br />WE ARE SOOOOOOOO SCREWED!<br /><br />Here comes Zimbabwe...land of the Billionaires!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5387053284149226571.post-70347347096599256152011-07-19T11:12:01.305-04:002011-07-19T11:12:01.305-04:0010:56 you're right everything will continue to...10:56 you're right everything will continue to go up until it hits Neptune, then it will hit Pluto. Nothing will ever come down it only goes upAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-5387053284149226571.post-56220724635669641322011-07-19T11:05:11.320-04:002011-07-19T11:05:11.320-04:00Oh Great a Delaware Democrat and he sides with Oba...Oh Great a Delaware Democrat and he sides with Obama {imagine that}.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5387053284149226571.post-29309010109322637972011-07-19T11:00:14.513-04:002011-07-19T11:00:14.513-04:00hell, if it over writes Bernakapart on the idiot ...hell, if it over writes Bernakapart on the idiot low rates, than so be it, I'll give up a months SS for doubble digit interest on my savings again.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5387053284149226571.post-69298032356083980932011-07-19T10:56:23.167-04:002011-07-19T10:56:23.167-04:00It will not fail. They will remove the debt ceilin...It will not fail. They will remove the debt ceiling all together. <br /><br />Like I have been saying for ages now, there's no depression coming and the markets will not crash. Don't go buying guns and food, things will never get that bad.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5387053284149226571.post-72862618465252153562011-07-19T10:49:32.664-04:002011-07-19T10:49:32.664-04:00Let it "FALL" we must STOP this nonsens...Let it "FALL" we must STOP this nonsense. If we were to allow the implosion, the Financial Elite would lose control, wars would lose funding and REALITY would Bite us in the Pocketbook where it belongs and wake up the SHEEPLE!!<br /><br />The systems needs to fail and Reset!!!Anonymousnoreply@blogger.com