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Post Info TOPIC: Debt Ceiling NOT raised.


Guru

Status: Offline
Posts: 825
Date: Jul 10, 2011
RE: Debt Ceiling NOT raised.
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I wonder how many exposed scandals, overt threats and actual assassinations have to occur before Congress "knuckles under"?

Banana Republic with nukes R US!

 



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Guru

Status: Offline
Posts: 825
Date: Jul 2, 2011
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D Rating for US soverign debt by S&P, Moody's etc.

OR

SEAL  Team Six pays a little visit to Wall Street

OR

The Fed "prints" enough money to pay off the debt

OR

We simply repudiate the debt

But the most likely scenerio is that Congress has the facts of life explained to them by the people who really run the country and the debt ceiling is raised.

Remember how fast Congress and the W. Administration "rolled over" on the Wall Street bailout?

Too Big To Fail is tantamount to too "connected" to fail.

 

 

 

 



-- Edited by BigG on Saturday 2nd of July 2011 06:07:41 PM

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Guru

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Posts: 2549
Date: Jul 2, 2011
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What are the outcomes?

 



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