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Old 07-11-2011, 10:38 PM
 
132 posts, read 323,685 times
Reputation: 88

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Quote:
Originally Posted by pcity View Post
So it'd be better if no one gets paid and the stock market still tanks and interest rates still go through the roof?

(Not believing that we'll really "default" anyway, though.)
No it would be better if creditors get paid first, defense contractors last. The market will not tank as much if bond holders are paid and the interest rate is not raised.
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Old 07-11-2011, 11:52 PM
 
2,688 posts, read 6,674,378 times
Reputation: 1291
Quote:
Originally Posted by Jesco White View Post
This guy is trolling... ignore the troll, he doesn't care, he wants to spark a teabagger debate where he can show us stupid, welfare sucking city folk the truth.
No, VTHokieFan is a regular member of this forum asking legitimate questions. Your comment sounds more troll-like.
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Old 07-12-2011, 12:00 AM
 
2,131 posts, read 4,908,975 times
Reputation: 1002
Quote:
Originally Posted by pcity View Post
So it'd be better if no one gets paid and the stock market still tanks and interest rates still go through the roof?

(Not believing that we'll really "default" anyway, though.)
Interest rates are going through the roof?!?!?!!? They're near their all time low!
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Old 07-12-2011, 05:10 AM
 
Location: Portland, OR
8,802 posts, read 8,888,291 times
Reputation: 4512
Quote:
Originally Posted by Yankeesfan View Post
No, VTHokieFan is a regular member of this forum asking legitimate questions. Your comment sounds more troll-like.
He read my blog posts and came to that conclusion. While I have posted some things that might belong in the Politics section, the majority of the stuff here has been unrelated to anything political, though I do respectfully share my overall disdain for this area, but I believe there is room for both sides here (those who like and dislike the area).
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Old 07-12-2011, 05:15 AM
 
Location: Everywhere and Nowhere
14,129 posts, read 31,211,428 times
Reputation: 6920
I do have one prediction - this thread will soon be closed.
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Old 07-12-2011, 05:16 AM
 
Location: Everywhere and Nowhere
14,129 posts, read 31,211,428 times
Reputation: 6920
Quote:
Originally Posted by VTHokieFan View Post
though I do respectfully share my overall disdain for this area
So why do you stay?
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Old 07-12-2011, 06:10 AM
 
105 posts, read 390,160 times
Reputation: 65
Couldn't it be a good thing, if we default, we just erase our debt? If we're out of debt then we won't need to borrow money for the interest payments.....
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Old 07-12-2011, 06:25 AM
 
Location: Portland, OR
8,802 posts, read 8,888,291 times
Reputation: 4512
Quote:
Originally Posted by CAVA1990 View Post
So why do you stay?
Because I live here.
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Old 07-12-2011, 06:26 AM
 
Location: Portland, OR
8,802 posts, read 8,888,291 times
Reputation: 4512
Quote:
Originally Posted by pcgeller View Post
Couldn't it be a good thing, if we default, we just erase our debt? If we're out of debt then we won't need to borrow money for the interest payments.....
I was talking about in regards to contractors and federal employees being paid. Stay on topic
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Old 07-12-2011, 06:53 AM
 
Location: Everywhere and Nowhere
14,129 posts, read 31,211,428 times
Reputation: 6920
Quote:
Originally Posted by VTHokieFan View Post
Because I live here.
Why do you live here if you don't like it?
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