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1. The sky will still be blue
2. The birds will be singing
3. The lights will be on
4. The water will be running
5. Gas will be available
6. Your job will be there waiting (if you had a job Tuesday that is)
In other words, regardless of the so called August 2 deadline to give Obama more money to borrow, the world will not end either way. Wednesday will be no different than Tuesday was.
1. The sky will still be blue
2. The birds will be singing
3. The lights will be on
4. The water will be running
5. Gas will be available
6. Your job will be there waiting (if you had a job Tuesday that is)
In other words, regardless of the so called August 2 deadline to give Obama more money to borrow, the world will not end either way. Wednesday will be no different than Tuesday was.
Since Geithner and Obama are the only two people who can hold back my
Social Security check I intend to call the bank to see if it came through, though.
1. The sky will still be blue
2. The birds will be singing
3. The lights will be on
4. The water will be running
5. Gas will be available
6. Your job will be there waiting (if you had a job Tuesday that is)
In other words, regardless of the so called August 2 deadline to give Obama more money to borrow, the world will not end either way. Wednesday will be no different than Tuesday was.
It will also be harder for everyone to borrow money as there will be higher interest rates. Once more GDP growth is already anemic. A default will only make that worse and extend the recession.
It will also be harder for everyone to borrow money as there will be higher interest rates. Once more GDP growth is already anemic. A default will only make that worse and extend the recession.
It's a good thing have more than enough tax receipts and that we won't default, but we appreciate your contribution in the event a country would actually default.
I wonder if this will turn into another Y2K fear with a run on grocery stores, ATM's and gas stations ?
Americans are truly gullible and it wouldn't surprise me one bit.
It's a good thing have more than enough tax receipts and that we won't default, but we appreciate your contribution in the event a country would actually default.
I pay my taxes, and even if we don't default, but have a reduced credit rating all of what I said remains true. Its like Republicans don't understand that higher interest rates are more or less going to be a tax.
I pay my taxes, and even if we don't default, but have a reduced credit rating all of what I said remains true.
You cannot prove that will happen and tax receipts minus obligations requires a 40% reduction in discretionary spending. Entirely doable. No default, sorry to burst your bubble.
You cannot prove that will happen and tax receipts minus obligations requires a 40% reduction in discretionary spending. Entirely doable. No default, sorry to burst your bubble.
Just watch, if something isn't done soon there will be interest rate issues.
I wonder if this will turn into another Y2K fear with a run on grocery stores, ATM's and gas stations ?
Americans are truly gullible and it wouldn't surprise me one bit.
You could be right. They keep ramping up the fear meter there could surely be a run on some banks come next week. I will sit back and enjoy the show for sure just like the Y2K fiasco. Wait until doomsday in 2012. Mayans will be laughing their butts off too.
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