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1 posted on 01/20/2009 11:19:15 AM PST by Golddigger3
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To: Golddigger3

How much ya need? Uncle Sam’s been writing a lot of checks....


2 posted on 01/20/2009 11:21:02 AM PST by 11th Commandment (2008 was an historical election - the first time a socialist was elected President.)
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To: Golddigger3

“...the possibility of national bankruptcy is not unrealistic.”

And they’re not the only ones!


3 posted on 01/20/2009 11:36:41 AM PST by ROLF of the HILL COUNTRY ( The Constitution needs No interpreting, only APPLICATION!)
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To: Golddigger3
This is what happens when you offload all your real industries to other countries, import massive numbers of illiterate, angry aliens, and pretend that selling debt to each other is the Indispensable Industry.

Gee, um....sounds like us, too, huh?

4 posted on 01/20/2009 11:43:17 AM PST by Regulator (Welcome to Zimbabwe! The looting begins in five minutes...)
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To: Golddigger3
Perhaps this is a simplistic question, but what actually happens when an entire country goes bankrupt? What if (when) it happens here?
6 posted on 01/20/2009 11:46:29 AM PST by Zeddicus
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To: Golddigger3

National bankruptcy is not something that is attributable to a single government or to a single party. It comes from an institutional and individual consumption policy supported by debts that can’t be repaid.

Sad to say that America is on the same path.


8 posted on 01/20/2009 12:02:49 PM PST by taxcontrol
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To: Golddigger3
Obama is talented but he is not a magician.

Obama is talented?

They must know something we don't know.
10 posted on 01/20/2009 12:21:11 PM PST by adorno
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To: Golddigger3

I guess we need to consider a bailout for England. Might as well include other nations while we are at it. /s


12 posted on 01/20/2009 4:11:51 PM PST by Joan Kerrey
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To: Golddigger3
God Save Britannia
13 posted on 01/20/2009 10:08:03 PM PST by blueplum
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