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Newsweek's Clift: U.S. Won't Face Greek Debt Tragedy 'Because We Can Print Money'
Newsbusters ^ | July 19, 2010 | Jeff Poor

Posted on 07/19/2010 7:33:48 AM PDT by Rufus2007

We all probably knew the sentiment of the American left for just not getting the entire Tea Party movement concept, but this statement ought to cement that notion.

On the July 18 broadcast of "The McLaughlin Group," host John McLaughlin asked his panelists what the long-term implications of national debt could be for the United States.

"Is America in danger of the current debt crisis becoming a sovereign debt crisis as Mort [Zuckerman] mentioned, like the one that is now hitting Greece, yes or no?" McLaughlin asked.

MSNBC political analyst Pat Buchanan warned it was more "imminent" than many people have forecast. He cited British historian and Harvard professor Niall Ferguson, who has declared the country to be on the brink of a Greek-like collapse.

...more (w/video)...

(Excerpt) Read more at newsbusters.org ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: eleanorclift; mediabias; moneylist; newsweek
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Backasswards...
1 posted on 07/19/2010 7:33:54 AM PDT by Rufus2007
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To: Rufus2007

Someone tell Eleanor that it’s time to go to the home.


2 posted on 07/19/2010 7:35:11 AM PDT by RexBeach ("Duty is ours; consequences are God's." Thomas "Stonewall" Jackson)
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To: Rufus2007
Si, Si Puede!
3 posted on 07/19/2010 7:35:17 AM PDT by MBB1984
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To: Rufus2007

Eleanor, sweetheart! Print me up a million or so dollars! Then, get me a cup of coffee.


4 posted on 07/19/2010 7:35:34 AM PDT by ClearCase_guy
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To: RexBeach

Eleanor Clift: “I can’t be out of money. There are still checks in the check book!”


5 posted on 07/19/2010 7:37:33 AM PDT by silverleaf (Those who can make you believe absurdities can make you commit atrocities.)
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To: Rufus2007
Clift has a point that we aren't in the same position as Greece because we still maintain control over our currency. However, I'm not eager to start using a grocery cart of money to buy a pocketful of groceries instead of a pocketful of money to buy a grocery cart of groceries. Just stop spending so much.
6 posted on 07/19/2010 7:38:49 AM PDT by KarlInOhio (Gun control was originally to protect Klansmen from their victims. The basic reason hasn't changed.)
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To: Rufus2007

And these Libs call the Tea party stupid?


7 posted on 07/19/2010 7:39:20 AM PDT by Commander X (TOTUS...destroying the USA one lie at a time.)
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To: Rufus2007
Somebody needs to break the news to this nimrod that Greece was printing money some 2300 years or so before America even became a country.
Greek Money

8 posted on 07/19/2010 7:39:51 AM PDT by Vigilanteman (Obama: Fake black man. Fake Messiah. Fake American. How many fakes can you fit in one Zer0?)
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To: Rufus2007

“Yes We Can!”

MMM! MMM! MMM!


9 posted on 07/19/2010 7:41:37 AM PDT by PSYCHO-FREEP ( Give me Liberty, or give me an M-24A2!)
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To: Rufus2007

The sheer IDIOCY from Newsweek continues....shut the doors at Newsweek already, kkthx. =.=


10 posted on 07/19/2010 7:41:48 AM PDT by cranked
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To: Rufus2007

Yes. We’ll be like Zimbabwe.


11 posted on 07/19/2010 7:41:57 AM PDT by crosshairs
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To: Vigilanteman

Extraordinarily beautiful coins. But not printed rather minted. Made of metals of value rather than paper that becomes used as soon as it’s printed on.


12 posted on 07/19/2010 7:42:29 AM PDT by all the best
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To: Rufus2007

Sure Eleaninor, let’s create hyperinlfation and wipe out the retirement accounts of every American. That will fix everything.


13 posted on 07/19/2010 7:44:27 AM PDT by circlecity
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To: Rufus2007

Eleanor is such a ditz. Does anyone wonder why NewsWeak is circling the drain. It just amazes me how somebody that stupid can be paid so much money for spouting dribble. I swear if B.0. were caught molesting collies in Central Park, she’d come up with some justification and explain how it’s actually helping the country.


14 posted on 07/19/2010 7:44:44 AM PDT by YankeeReb
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To: Rufus2007

So the US Gov’t can print money? It just means that every worker or saver in this economy will face a personal Greek Tragedy, that’s all. (sarc)


15 posted on 07/19/2010 7:44:47 AM PDT by PGR88
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To: Rufus2007

Eleanor, it’s one thing to stick steadfastly to your beliefs - it’s another to cling to them so tightly that it cuts off the circulation to your brain.


16 posted on 07/19/2010 7:45:00 AM PDT by reagan_fanatic (Never trust anyone who points their rear end at God while praying.)
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To: Rufus2007

When I saw the headline I was sure that this was going to be from “The Onion.”

It’s a sad state of affairs we have gotten ourselves into as a nation.


17 posted on 07/19/2010 7:45:24 AM PDT by Dayman
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To: Rufus2007

Un-friggin’ real. I’ve always thought Clift was a dim bulb, but this is off the scale....


18 posted on 07/19/2010 7:45:26 AM PDT by Thermalseeker (Stop the insanity - Flush Congress!)
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To: Rufus2007

This is what passes for intelligence in the Democrat Party?


19 posted on 07/19/2010 7:47:10 AM PDT by mort56
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To: Rufus2007

She’s right, what we face is post war Germany. That would be post WWI Germany. Why is this woman still considered vital to the national conversation?


20 posted on 07/19/2010 7:47:58 AM PDT by equalitybeforethelaw
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