To: Right_in_Virginia
I guess secured bonds are longer secured at least not when Obama can put unsecured creditors ahead of them.
28 posted on
06/09/2009 4:39:34 PM PDT by
NeoCaveman
(has created or saved 150,000 posts, sure.)
To: NeoCaveman
I guess secured bonds are longer secured at least not when Obama can put unsecured creditors ahead of them. Let's be clear: the "unsecured creditors" we're talking about are the major contributors to BO and his brown shirts.
I repeat: May God help us.
To: NeoCaveman
"I guess secured bonds are longer secured at least not when Obama can put unsecured creditors ahead of them." We are now living in a Banana Republic. There's just no other way to describe it.
To: NeoCaveman
I guess secured bonds are longer secured at least not when Obama can put unsecured creditors ahead of them.
One logical extension of this maybe that there isn't a single contract in the USA that is worth the paper it is written on - if the child messiah in the WH deems it so.
374 posted on
06/09/2009 10:13:18 PM PDT by
Cheerio
(Barack Hussein 0bama=The Complete Destruction of American Capitalism)
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