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To: dr_who
Good.

Not good.

We are hanging on only because of their good graces.

5 posted on 04/13/2009 9:39:37 AM PDT by Glenn (Free Venezuela!)
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To: Glenn

looking at the antics of the US congress, turbotax Tim and zerO’s economic policy team...would YOU lend money to us?


6 posted on 04/13/2009 10:01:20 AM PDT by silverleaf (We live in interesting times: now the entire IRS works for a tax evader)
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To: Glenn
We are hanging on only because of their good graces.

No, the financial system is only working so far because we have yet to bite the bullet and start adressing the REAL problems with it. Until then the longer we wait the worse it gets.

So yes ... it is GOOD that they are stopping this.

7 posted on 04/13/2009 10:04:07 AM PDT by Centurion2000 (01-20-2009 : The end of the PAX AMERICANA.)
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To: Glenn
By buying our bonds, China is enabling our government to spend like nuts. If there is no one to go to in order to pile on more debt, then the elected officials have to face facts and reduce spending accordingly.

Then again, perhaps that's simply no longer possible with the current system that we have.
10 posted on 04/13/2009 12:01:08 PM PDT by dr_who
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