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bsrsharma
ParticipantMaserati clunker to be crushed
A 1985 Maserati BiTurbo with 18,480 miles on it will be crushed under “Cash for Clunkers” rules. KUSA reports.
http://www.cnn.com/video/?/video/us/2009/08/14/delozier.maserati.cash.KUSA
Couldn’t he have replaced the engine with nice 350ci V8?
I might have paid him $4k to use it as a lawn ornament!
bsrsharma
ParticipantMaserati clunker to be crushed
A 1985 Maserati BiTurbo with 18,480 miles on it will be crushed under “Cash for Clunkers” rules. KUSA reports.
http://www.cnn.com/video/?/video/us/2009/08/14/delozier.maserati.cash.KUSA
Couldn’t he have replaced the engine with nice 350ci V8?
I might have paid him $4k to use it as a lawn ornament!
bsrsharma
ParticipantMaserati clunker to be crushed
A 1985 Maserati BiTurbo with 18,480 miles on it will be crushed under “Cash for Clunkers” rules. KUSA reports.
http://www.cnn.com/video/?/video/us/2009/08/14/delozier.maserati.cash.KUSA
Couldn’t he have replaced the engine with nice 350ci V8?
I might have paid him $4k to use it as a lawn ornament!
bsrsharma
ParticipantMaserati clunker to be crushed
A 1985 Maserati BiTurbo with 18,480 miles on it will be crushed under “Cash for Clunkers” rules. KUSA reports.
http://www.cnn.com/video/?/video/us/2009/08/14/delozier.maserati.cash.KUSA
Couldn’t he have replaced the engine with nice 350ci V8?
I might have paid him $4k to use it as a lawn ornament!
bsrsharma
ParticipantMaserati clunker to be crushed
A 1985 Maserati BiTurbo with 18,480 miles on it will be crushed under “Cash for Clunkers” rules. KUSA reports.
http://www.cnn.com/video/?/video/us/2009/08/14/delozier.maserati.cash.KUSA
Couldn’t he have replaced the engine with nice 350ci V8?
I might have paid him $4k to use it as a lawn ornament!
bsrsharma
Participant4plex,
I agree $ devaluation is inevitable; there will be sustained inflation and stagnation for a long time. But none of this will be back door; it will all happen in the open. Why are you feeling that there is a need for secrecy? The treasury publishes public debt on a website; it is more than $11 Trillion at present and will increase at the rate of about a trillion a year till treasury gets no offers. Then the Fed will be forced to buy treasuries to avoid default. US does not have Argentina problem since the debt is not in foreign currency. It does not have Zimbabwe’s problem because U.S. is valuable for many reasons and has plenty of attractive assets for international buyers to back its currency.
bsrsharma
Participant4plex,
I agree $ devaluation is inevitable; there will be sustained inflation and stagnation for a long time. But none of this will be back door; it will all happen in the open. Why are you feeling that there is a need for secrecy? The treasury publishes public debt on a website; it is more than $11 Trillion at present and will increase at the rate of about a trillion a year till treasury gets no offers. Then the Fed will be forced to buy treasuries to avoid default. US does not have Argentina problem since the debt is not in foreign currency. It does not have Zimbabwe’s problem because U.S. is valuable for many reasons and has plenty of attractive assets for international buyers to back its currency.
bsrsharma
Participant4plex,
I agree $ devaluation is inevitable; there will be sustained inflation and stagnation for a long time. But none of this will be back door; it will all happen in the open. Why are you feeling that there is a need for secrecy? The treasury publishes public debt on a website; it is more than $11 Trillion at present and will increase at the rate of about a trillion a year till treasury gets no offers. Then the Fed will be forced to buy treasuries to avoid default. US does not have Argentina problem since the debt is not in foreign currency. It does not have Zimbabwe’s problem because U.S. is valuable for many reasons and has plenty of attractive assets for international buyers to back its currency.
bsrsharma
Participant4plex,
I agree $ devaluation is inevitable; there will be sustained inflation and stagnation for a long time. But none of this will be back door; it will all happen in the open. Why are you feeling that there is a need for secrecy? The treasury publishes public debt on a website; it is more than $11 Trillion at present and will increase at the rate of about a trillion a year till treasury gets no offers. Then the Fed will be forced to buy treasuries to avoid default. US does not have Argentina problem since the debt is not in foreign currency. It does not have Zimbabwe’s problem because U.S. is valuable for many reasons and has plenty of attractive assets for international buyers to back its currency.
bsrsharma
Participant4plex,
I agree $ devaluation is inevitable; there will be sustained inflation and stagnation for a long time. But none of this will be back door; it will all happen in the open. Why are you feeling that there is a need for secrecy? The treasury publishes public debt on a website; it is more than $11 Trillion at present and will increase at the rate of about a trillion a year till treasury gets no offers. Then the Fed will be forced to buy treasuries to avoid default. US does not have Argentina problem since the debt is not in foreign currency. It does not have Zimbabwe’s problem because U.S. is valuable for many reasons and has plenty of attractive assets for international buyers to back its currency.
bsrsharma
Participantlarge quantity of dollars put into overseas banks basically for swaps.
we stuff them with dollars so that they will continue to purchase bonds and the auctions.
Any evidence?
How does paying someone to get a loan from him solve any problem?
bsrsharma
Participantlarge quantity of dollars put into overseas banks basically for swaps.
we stuff them with dollars so that they will continue to purchase bonds and the auctions.
Any evidence?
How does paying someone to get a loan from him solve any problem?
bsrsharma
Participantlarge quantity of dollars put into overseas banks basically for swaps.
we stuff them with dollars so that they will continue to purchase bonds and the auctions.
Any evidence?
How does paying someone to get a loan from him solve any problem?
bsrsharma
Participantlarge quantity of dollars put into overseas banks basically for swaps.
we stuff them with dollars so that they will continue to purchase bonds and the auctions.
Any evidence?
How does paying someone to get a loan from him solve any problem?
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