[TheBreeze]

[quote=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.[/quote]

It would be kind of silly for the government to have taken all of the Fannie/Freddie debt ($5 trillion) on its books only to default on that debt a year later. After all, there was a notice on every Fannie/Freddie bond in huge letters that it wasn’t backed by the government.

Of course, our government has done a lot of silly things, so guaranteeing a bunch of debt they didn’t have to guarantee only to default on that same debt a year later wouldn’t be out of the realm of possibility.

[TheBreeze]

[quote=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.[/quote]

It would be kind of silly for the government to have taken all of the Fannie/Freddie debt ($5 trillion) on its books only to default on that debt a year later. After all, there was a notice on every Fannie/Freddie bond in huge letters that it wasn’t backed by the government.

Of course, our government has done a lot of silly things, so guaranteeing a bunch of debt they didn’t have to guarantee only to default on that same debt a year later wouldn’t be out of the realm of possibility.

[TheBreeze]

[quote=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.[/quote]

It would be kind of silly for the government to have taken all of the Fannie/Freddie debt ($5 trillion) on its books only to default on that debt a year later. After all, there was a notice on every Fannie/Freddie bond in huge letters that it wasn’t backed by the government.

Of course, our government has done a lot of silly things, so guaranteeing a bunch of debt they didn’t have to guarantee only to default on that same debt a year later wouldn’t be out of the realm of possibility.

[TheBreeze]

[quote=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.[/quote]

It would be kind of silly for the government to have taken all of the Fannie/Freddie debt ($5 trillion) on its books only to default on that debt a year later. After all, there was a notice on every Fannie/Freddie bond in huge letters that it wasn’t backed by the government.

Of course, our government has done a lot of silly things, so guaranteeing a bunch of debt they didn’t have to guarantee only to default on that same debt a year later wouldn’t be out of the realm of possibility.

[TheBreeze]

[quote=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.[/quote]

It would be kind of silly for the government to have taken all of the Fannie/Freddie debt ($5 trillion) on its books only to default on that debt a year later. After all, there was a notice on every Fannie/Freddie bond in huge letters that it wasn’t backed by the government.

Of course, our government has done a lot of silly things, so guaranteeing a bunch of debt they didn’t have to guarantee only to default on that same debt a year later wouldn’t be out of the realm of possibility.

[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.

[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.

[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.

[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.

[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.

[TheBreeze]

sdr,

I think the buyers you are seeing are one of the final rounds of knife catchers who, like raptorduck, just don’t want to wait any longer. They’ll be burned through soon enough. Then it’ll be my time.

[TheBreeze]

sdr,

I think the buyers you are seeing are one of the final rounds of knife catchers who, like raptorduck, just don’t want to wait any longer. They’ll be burned through soon enough. Then it’ll be my time.

[TheBreeze]

sdr,

I think the buyers you are seeing are one of the final rounds of knife catchers who, like raptorduck, just don’t want to wait any longer. They’ll be burned through soon enough. Then it’ll be my time.

[TheBreeze]

sdr,

I think the buyers you are seeing are one of the final rounds of knife catchers who, like raptorduck, just don’t want to wait any longer. They’ll be burned through soon enough. Then it’ll be my time.

[TheBreeze]

sdr,

I think the buyers you are seeing are one of the final rounds of knife catchers who, like raptorduck, just don’t want to wait any longer. They’ll be burned through soon enough. Then it’ll be my time.

[Author]

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