i wonder if these figures include the interest.
Well, there is that big pile of money sitting in IRA’s and 401K’s. Hillary already said 10% should be skimmed right off the top but why stop there? Some policy twit said during the election that the govt should take it all and give the holders a govt SS IOU.
Remember Hummel said the same thing
http://www.econlib.org/cgi-bin/printarticle2.pl?file=Columns/y2009/Hummeltbills.html
This is all I have to say about that:
http://www.freerepublic.com/focus/news/2264097/posts?page=10#10
No, wait.
THIS is all I have to say about that:
http://209.157.64.201/focus/f-news/2231750/posts?page=7#7
maybe scratch walking for crawling....
maybe scratch walking for crawling....
Japan will be one of the first to default, and they buy our bonds. When they stop, and dump their treasuries on the market, we can’t borrow money. When we can’t borrow, we have to cut the budget severely, print, or default.