U.S. TO DEFAULT ON ITS DEBT – SUMMER 2009

[jpinpb]

[quote=CONCHO]- I don’t feel like such a genius for selling my house in 2005 anymore :-([/quote]

Are you kidding? You timed it perfectly. Sold at peak pretty much.

[partypup]

[quote=TheBreeze][quote=partypup]

And I find it most peculiar that Obama will not be attending.

http://www.washingtontimes.com/news/2008/nov/11/obama-steering-clear-of-global-economic-summit-1/

You would think that he might have some interest in knowing about the new global financial order that is being wrought before he assumes office. Instead, he intends to send his lackeys. Politically, it’s a shrewd move; he is trying to distance himself from Bush’s mess. Practically speaking, though, this mess will be his alone in due time. And in this time of crisis, I would think he’d put country before politics.[/quote]

Barack is making the right move here. He doesn’t become President until January 20th and he doesn’t want to get ensnared in any of Dumbya’s idiotic policies before then.
[/quote]

Let’s face it, TB. Obama IS going to get ensnared in Dubya’s mess in 2 months. Come January 21, 2009, there will be absolutely no way for him to avoid it.

So I really can’t see the point in “staying above the fray” for the next 10 weeks. Seriously. Is this about politics or about what’s best for our country? Because given how fast this thing is unravelling, it would seem prudent to dive in ASAP and get a real sense of just how deep this rabbit hole goes and getting an understanding of how bad other world leaders think this is going to get and where their heads are, rather than waiting until January.

In 10 weeks, Americans aren’t going to care WHO created this mess or how badly Obama is ensnared in it. The only thing they will want and expect is *change*, answers and solutions.

You can run, Obammy. But you can’t hide.

[partypup]

[quote=TheBreeze][quote=partypup]

And I find it most peculiar that Obama will not be attending.

http://www.washingtontimes.com/news/2008/nov/11/obama-steering-clear-of-global-economic-summit-1/

You would think that he might have some interest in knowing about the new global financial order that is being wrought before he assumes office. Instead, he intends to send his lackeys. Politically, it’s a shrewd move; he is trying to distance himself from Bush’s mess. Practically speaking, though, this mess will be his alone in due time. And in this time of crisis, I would think he’d put country before politics.[/quote]

Barack is making the right move here. He doesn’t become President until January 20th and he doesn’t want to get ensnared in any of Dumbya’s idiotic policies before then.
[/quote]

Let’s face it, TB. Obama IS going to get ensnared in Dubya’s mess in 2 months. Come January 21, 2009, there will be absolutely no way for him to avoid it.

So I really can’t see the point in “staying above the fray” for the next 10 weeks. Seriously. Is this about politics or about what’s best for our country? Because given how fast this thing is unravelling, it would seem prudent to dive in ASAP and get a real sense of just how deep this rabbit hole goes and getting an understanding of how bad other world leaders think this is going to get and where their heads are, rather than waiting until January.

In 10 weeks, Americans aren’t going to care WHO created this mess or how badly Obama is ensnared in it. The only thing they will want and expect is *change*, answers and solutions.

You can run, Obammy. But you can’t hide.

[partypup]

[quote=TheBreeze][quote=partypup]

And I find it most peculiar that Obama will not be attending.

http://www.washingtontimes.com/news/2008/nov/11/obama-steering-clear-of-global-economic-summit-1/

You would think that he might have some interest in knowing about the new global financial order that is being wrought before he assumes office. Instead, he intends to send his lackeys. Politically, it’s a shrewd move; he is trying to distance himself from Bush’s mess. Practically speaking, though, this mess will be his alone in due time. And in this time of crisis, I would think he’d put country before politics.[/quote]

Barack is making the right move here. He doesn’t become President until January 20th and he doesn’t want to get ensnared in any of Dumbya’s idiotic policies before then.
[/quote]

Let’s face it, TB. Obama IS going to get ensnared in Dubya’s mess in 2 months. Come January 21, 2009, there will be absolutely no way for him to avoid it.

So I really can’t see the point in “staying above the fray” for the next 10 weeks. Seriously. Is this about politics or about what’s best for our country? Because given how fast this thing is unravelling, it would seem prudent to dive in ASAP and get a real sense of just how deep this rabbit hole goes and getting an understanding of how bad other world leaders think this is going to get and where their heads are, rather than waiting until January.

In 10 weeks, Americans aren’t going to care WHO created this mess or how badly Obama is ensnared in it. The only thing they will want and expect is *change*, answers and solutions.

You can run, Obammy. But you can’t hide.

[partypup]

[quote=TheBreeze][quote=partypup]

And I find it most peculiar that Obama will not be attending.

http://www.washingtontimes.com/news/2008/nov/11/obama-steering-clear-of-global-economic-summit-1/

You would think that he might have some interest in knowing about the new global financial order that is being wrought before he assumes office. Instead, he intends to send his lackeys. Politically, it’s a shrewd move; he is trying to distance himself from Bush’s mess. Practically speaking, though, this mess will be his alone in due time. And in this time of crisis, I would think he’d put country before politics.[/quote]

Barack is making the right move here. He doesn’t become President until January 20th and he doesn’t want to get ensnared in any of Dumbya’s idiotic policies before then.
[/quote]

Let’s face it, TB. Obama IS going to get ensnared in Dubya’s mess in 2 months. Come January 21, 2009, there will be absolutely no way for him to avoid it.

So I really can’t see the point in “staying above the fray” for the next 10 weeks. Seriously. Is this about politics or about what’s best for our country? Because given how fast this thing is unravelling, it would seem prudent to dive in ASAP and get a real sense of just how deep this rabbit hole goes and getting an understanding of how bad other world leaders think this is going to get and where their heads are, rather than waiting until January.

In 10 weeks, Americans aren’t going to care WHO created this mess or how badly Obama is ensnared in it. The only thing they will want and expect is *change*, answers and solutions.

You can run, Obammy. But you can’t hide.

[partypup]

[quote=TheBreeze][quote=partypup]

And I find it most peculiar that Obama will not be attending.

http://www.washingtontimes.com/news/2008/nov/11/obama-steering-clear-of-global-economic-summit-1/

You would think that he might have some interest in knowing about the new global financial order that is being wrought before he assumes office. Instead, he intends to send his lackeys. Politically, it’s a shrewd move; he is trying to distance himself from Bush’s mess. Practically speaking, though, this mess will be his alone in due time. And in this time of crisis, I would think he’d put country before politics.[/quote]

Barack is making the right move here. He doesn’t become President until January 20th and he doesn’t want to get ensnared in any of Dumbya’s idiotic policies before then.
[/quote]

Let’s face it, TB. Obama IS going to get ensnared in Dubya’s mess in 2 months. Come January 21, 2009, there will be absolutely no way for him to avoid it.

So I really can’t see the point in “staying above the fray” for the next 10 weeks. Seriously. Is this about politics or about what’s best for our country? Because given how fast this thing is unravelling, it would seem prudent to dive in ASAP and get a real sense of just how deep this rabbit hole goes and getting an understanding of how bad other world leaders think this is going to get and where their heads are, rather than waiting until January.

In 10 weeks, Americans aren’t going to care WHO created this mess or how badly Obama is ensnared in it. The only thing they will want and expect is *change*, answers and solutions.

You can run, Obammy. But you can’t hide.

[sdduuuude]

I think it is a difference of opinion (i.e. guess) of what the gov will do if faced with bigger debt payments than they can handle.

The question is – will they print and pay or will they not print and not pay ?

You suspect they’ll just default and save the dollar.

I think they’ll print and pay.

It’s a good discussion, though.

[sdduuuude]

I think it is a difference of opinion (i.e. guess) of what the gov will do if faced with bigger debt payments than they can handle.

The question is – will they print and pay or will they not print and not pay ?

You suspect they’ll just default and save the dollar.

I think they’ll print and pay.

It’s a good discussion, though.

[sdduuuude]

I think it is a difference of opinion (i.e. guess) of what the gov will do if faced with bigger debt payments than they can handle.

The question is – will they print and pay or will they not print and not pay ?

You suspect they’ll just default and save the dollar.

I think they’ll print and pay.

It’s a good discussion, though.

[sdduuuude]

I think it is a difference of opinion (i.e. guess) of what the gov will do if faced with bigger debt payments than they can handle.

The question is – will they print and pay or will they not print and not pay ?

You suspect they’ll just default and save the dollar.

I think they’ll print and pay.

It’s a good discussion, though.

[sdduuuude]

I think it is a difference of opinion (i.e. guess) of what the gov will do if faced with bigger debt payments than they can handle.

The question is – will they print and pay or will they not print and not pay ?

You suspect they’ll just default and save the dollar.

I think they’ll print and pay.

It’s a good discussion, though.

[Arraya]

Sd- I don’t think it is totally up to the US at this point. Watch the G20 meeting. After all we did blow up the entire global banking system. I think it is more a matter of what the world wants, whether we like it or not. They will decide what is best for them and it might not work out to well for us. I think the question is, would our creditors rather take printed money or let us default. I don’t think either one of us could possibly quantify that decision. However, I’m sure a few Chinese economist have been working on it.

[Arraya]

Sd- I don’t think it is totally up to the US at this point. Watch the G20 meeting. After all we did blow up the entire global banking system. I think it is more a matter of what the world wants, whether we like it or not. They will decide what is best for them and it might not work out to well for us. I think the question is, would our creditors rather take printed money or let us default. I don’t think either one of us could possibly quantify that decision. However, I’m sure a few Chinese economist have been working on it.

[Arraya]

Sd- I don’t think it is totally up to the US at this point. Watch the G20 meeting. After all we did blow up the entire global banking system. I think it is more a matter of what the world wants, whether we like it or not. They will decide what is best for them and it might not work out to well for us. I think the question is, would our creditors rather take printed money or let us default. I don’t think either one of us could possibly quantify that decision. However, I’m sure a few Chinese economist have been working on it.

[Arraya]

Sd- I don’t think it is totally up to the US at this point. Watch the G20 meeting. After all we did blow up the entire global banking system. I think it is more a matter of what the world wants, whether we like it or not. They will decide what is best for them and it might not work out to well for us. I think the question is, would our creditors rather take printed money or let us default. I don’t think either one of us could possibly quantify that decision. However, I’m sure a few Chinese economist have been working on it.

[Author]

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