Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Cheerio

If you think Sequester and no CR was bad, wait til you experience default. It will actually be the end of the world as we know it. It will make the Great Depression look like a picnic, or not.

The markets were back up on Friday after the Rodeo Clown tried to scare them. The markets would react positively to anything that looks like fiscal responsibility.

Pray America is Waking Up


84 posted on 10/06/2013 7:34:09 AM PDT by bray (Coming Jan 2014: The Republic of Texas 2022)
[ Post Reply | Private Reply | To 67 | View Replies ]


To: bray

The markets were back up on Friday after the Rodeo Clown tried to scare them. The markets would react positively to anything that looks like fiscal responsibility.


A completely free (open) market would, yes, but a significant percentage of Wall St. trades entirely on government largesse and then there is the matter of the QE....

I don’t trust the market to stay the course.


90 posted on 10/06/2013 7:42:57 AM PDT by PaleoBob
[ Post Reply | Private Reply | To 84 | View Replies ]

To: bray
"If you think Sequester and no CR was bad, wait 'till you experience default."

For the millionth time: It's not "default".
Default is when you don't pay what's due on your debt. There is more than enough revenue to pay interest on the national debt. Only an incompetent president would allow that to happen.

We are simply reaching our borrowing limit. When your credit card gets maxed out, you only go into default when you stop making payments. Obama has hijacked the debate by changing the name. It's a common Alinsky tactic. Please, please, please don't allow that here.

189 posted on 10/06/2013 3:32:23 PM PDT by norwaypinesavage (Galileo: In science, the authority of a thousand is not worth the humble reasoning of one individual)
[ Post Reply | Private Reply | To 84 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson