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Old 03-30-2010, 12:53 PM
 
Location: Texas
14,076 posts, read 20,532,927 times
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This is the 3rd thread on this subject:


CBO report: Debt will rise to 90% of GDP

CBO report: Debt will rise to 90% of GDP
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Old 03-30-2010, 01:11 PM
 
Location: Texas
5,872 posts, read 8,095,507 times
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Originally Posted by msta999 View Post
Everyone get ready to dole out 72K so everyone can pay of their share of the det. Course Bush left us with a 50K plus bill............He was kind of a "lefty" too, when it came to giving away our money.

So what happens when America goes backrupt and China quits lending these guys money? Grease is going though something like that and they have riots in the streets.
America has been on the verge of bankruptcy for the past 10 years. China will never quit buying our debt, it's too good of an investment for them, and they can easily sell it for liquidity.

And I didn't know 'Grease' was able to even print money much less work for anything other than lubricating moving parts. However, Greece is in a HUGE debt/liquidity conundrum thanks in a large part to Goldman Sachs and Citi, along with the nincompoops at the NY Fed, and the genius that kept us in this mess Paulson.

Bush a "lefty"...I guess in the you must blame everything on someone else world, then I guess. But in reality, he was a puppet of the far right political fringe neoconservatives who have been proven wrong, again and again.
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