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January 24, 2011 at 3:57 PM in reply to: OT: No worries folks, federal debt is now under control #657614
GH
ParticipantIf we have learned nothing from the last 5 years, Consumer debt becomes national debt when the consumer defaults. Banks lend, consumers borrow and then default. Debt is then nationalized to prevent the banks from going under.
I put it out there that while the national debt is quite large, there are much bigger problems of job loss and poor quality consumer, business and municipal debt which need to be addressed to prevent these debts from quadrupling the size of the national debt and killing our economy.
January 24, 2011 at 3:57 PM in reply to: OT: No worries folks, federal debt is now under control #657675GH
ParticipantIf we have learned nothing from the last 5 years, Consumer debt becomes national debt when the consumer defaults. Banks lend, consumers borrow and then default. Debt is then nationalized to prevent the banks from going under.
I put it out there that while the national debt is quite large, there are much bigger problems of job loss and poor quality consumer, business and municipal debt which need to be addressed to prevent these debts from quadrupling the size of the national debt and killing our economy.
January 24, 2011 at 3:57 PM in reply to: OT: No worries folks, federal debt is now under control #658277GH
ParticipantIf we have learned nothing from the last 5 years, Consumer debt becomes national debt when the consumer defaults. Banks lend, consumers borrow and then default. Debt is then nationalized to prevent the banks from going under.
I put it out there that while the national debt is quite large, there are much bigger problems of job loss and poor quality consumer, business and municipal debt which need to be addressed to prevent these debts from quadrupling the size of the national debt and killing our economy.
January 24, 2011 at 3:57 PM in reply to: OT: No worries folks, federal debt is now under control #658416GH
ParticipantIf we have learned nothing from the last 5 years, Consumer debt becomes national debt when the consumer defaults. Banks lend, consumers borrow and then default. Debt is then nationalized to prevent the banks from going under.
I put it out there that while the national debt is quite large, there are much bigger problems of job loss and poor quality consumer, business and municipal debt which need to be addressed to prevent these debts from quadrupling the size of the national debt and killing our economy.
January 24, 2011 at 3:57 PM in reply to: OT: No worries folks, federal debt is now under control #658744GH
ParticipantIf we have learned nothing from the last 5 years, Consumer debt becomes national debt when the consumer defaults. Banks lend, consumers borrow and then default. Debt is then nationalized to prevent the banks from going under.
I put it out there that while the national debt is quite large, there are much bigger problems of job loss and poor quality consumer, business and municipal debt which need to be addressed to prevent these debts from quadrupling the size of the national debt and killing our economy.
January 22, 2011 at 8:07 PM in reply to: OT: THE FIX IS IN: OBAMA SELECTED BY THE POWERS THAT BE #657116GH
ParticipantMcCain & Palin were put out there to throw the election. Republicans knew there were no wins in the current economy and were already thinking towards 2012 – Congress, Senate AND of course the presidency!
I personally do not like Obama and think he is the worst possible president right now, but McCain was no good alternative either. Worse, we are going to swing HARD right in 2012 in opposition to Obama’s left wing politics. I guess these are simply instability oscillations from the bubble, but it demonstrates we are not out of the fire yet!
January 22, 2011 at 8:07 PM in reply to: OT: THE FIX IS IN: OBAMA SELECTED BY THE POWERS THAT BE #657177GH
ParticipantMcCain & Palin were put out there to throw the election. Republicans knew there were no wins in the current economy and were already thinking towards 2012 – Congress, Senate AND of course the presidency!
I personally do not like Obama and think he is the worst possible president right now, but McCain was no good alternative either. Worse, we are going to swing HARD right in 2012 in opposition to Obama’s left wing politics. I guess these are simply instability oscillations from the bubble, but it demonstrates we are not out of the fire yet!
January 22, 2011 at 8:07 PM in reply to: OT: THE FIX IS IN: OBAMA SELECTED BY THE POWERS THAT BE #657776GH
ParticipantMcCain & Palin were put out there to throw the election. Republicans knew there were no wins in the current economy and were already thinking towards 2012 – Congress, Senate AND of course the presidency!
I personally do not like Obama and think he is the worst possible president right now, but McCain was no good alternative either. Worse, we are going to swing HARD right in 2012 in opposition to Obama’s left wing politics. I guess these are simply instability oscillations from the bubble, but it demonstrates we are not out of the fire yet!
January 22, 2011 at 8:07 PM in reply to: OT: THE FIX IS IN: OBAMA SELECTED BY THE POWERS THAT BE #657914GH
ParticipantMcCain & Palin were put out there to throw the election. Republicans knew there were no wins in the current economy and were already thinking towards 2012 – Congress, Senate AND of course the presidency!
I personally do not like Obama and think he is the worst possible president right now, but McCain was no good alternative either. Worse, we are going to swing HARD right in 2012 in opposition to Obama’s left wing politics. I guess these are simply instability oscillations from the bubble, but it demonstrates we are not out of the fire yet!
January 22, 2011 at 8:07 PM in reply to: OT: THE FIX IS IN: OBAMA SELECTED BY THE POWERS THAT BE #658244GH
ParticipantMcCain & Palin were put out there to throw the election. Republicans knew there were no wins in the current economy and were already thinking towards 2012 – Congress, Senate AND of course the presidency!
I personally do not like Obama and think he is the worst possible president right now, but McCain was no good alternative either. Worse, we are going to swing HARD right in 2012 in opposition to Obama’s left wing politics. I guess these are simply instability oscillations from the bubble, but it demonstrates we are not out of the fire yet!
GH
ParticipantThe numbers don’t lie on this one. More guns = more deaths.
That said, if things go sideways in a few years I would hate to be the only one without one.
GH
ParticipantThe numbers don’t lie on this one. More guns = more deaths.
That said, if things go sideways in a few years I would hate to be the only one without one.
GH
ParticipantThe numbers don’t lie on this one. More guns = more deaths.
That said, if things go sideways in a few years I would hate to be the only one without one.
GH
ParticipantThe numbers don’t lie on this one. More guns = more deaths.
That said, if things go sideways in a few years I would hate to be the only one without one.
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