Quote:
Originally Posted by dellinger63
How would your local bank react to you telling them "if you don't raise my credit limit yet again I won't be able to pay the mortgage?"
Treasury Secretary Lew's statement
Is disgusting considering that the SS trust fund is supposed to have $2 and a half trillion in the account but you can't buy groceries and medicine with IOU's. Never a peep cutting foreign aid, government salaries or even for that matter missing a payment unlike the military and seniors.
I think for the benefit of our seniors we tell Lew to get the $2.5 trillion ready as we're diversifying to banks that have real assets and not all IOU's. Drops $2.5 trillion from the debt and keeps seniors money readily available and not in Ponzi notes.
One of those rare win-win opportunites
http://www.usatoday.com/story/news/n...tober/2702937/ |
Take it for what it is - the death throes of an economy. More and more money "borrowed" more and more often - with not a penny of principal repaid - ever.
Who are these politicians kidding? I don't care what party - don't they know MATH?