The bankruptcy of the United States is now certain

The Daily Crux ^ | 11/24/09 | Porter Stansberry

[exit82]

I’m thinking that the government will announce either a new currency or a currency revaluation: i.e. 10 old dollars equal 1 new dollar.

Everything will reset in new dollars, and 90% of the debt will disappear with the printing of newly denominated dollars.

Something has to give. We’ve only gotten this far along the timeline thanks to the Chinese.

They pull the plug, then it is game over.

[FromLori]

Remember all the talk about a new global currency, SDRS it would not surprise me a bit.

Dollar down Large, time to call the White House Comment Line

http://www.youtube.com/watch?v=9PhcyoD8Jj8&feature=player_embedded

[FromLori]

You might want to watch these

http://www.youtube.com/watch?v=9PhcyoD8Jj8&feature=player_embedded

http://www.youtube.com/watch?v=CTh-yYgL00I&feature=player_embedded#

http://www.youtube.com/watch?v=D5dOtdwT7gE&feature=player_embedded

[The Duke]

Everything will reset in new dollars, and 90% of the debt will disappear with the printing of newly denominated dollars.

Well, for everybody but the "wealthy". We'll call it the "millionaires' reset" and have it apply to anyone making over $250,000 (with no regard to anyone's *current* holdings!).

[ViLaLuz]

“After our gold, oil and foreign currency reserves, the only thing left is your property.”

That is already being taken away via “eminent domain.”

[jonno]

Any thots on CEF?

[Scotswife]

Ha!

Thanks for the post.
Yes - that is what I was going to do - what else am I going to do right?

[geologist]

that is true.
Remember God did part the Red Sea and deliver the Jewish people out of Egypt. They did not follow His commands, He punished them several times along the way ... then the 40 years of wandering.

God does miracles. Refusal to obey and live God's way has consequences.

God did a miracle a Jericho ... with Gideon,, protected and favored David, David repented ... still he was punished. God says ... ‘IF MY PEOPLE WHO ARE CALLED BY MY NAME WILL HUMBLE THEMSELVES AND BOW DOWN AND CONFESS THEIR SINS, AND REPENT OF THEIR WAY(SINS). I WILL FORGIVE THEIR SINS AND HEAL THEIR LAND’ PARAPHRASED.

SORRY I AM LATE TO LEAVE. ... later

[EyeGuy]

“BUT THE NUMBER ONE THING WE NEED TO DO IS STOP SPENDING MONEY THAT WE DO NOT HAVE!”

###

Bump.

Bump.

And Bumparoni.

Although the current, talentless lackey who has SOMEHOW made his way to the White House is BY FAR the worst exemplar of this odious behavior, this is a problem that spans decades, and sorry to say, includes “Republican” Administrations and Congresses.

Reading Sarah Palin’s current book it is becoming clearer that she is a small government, fiscally responsible conservative, par excellance.

[Cvengr]

ok - so what does that look like exactly? A bankrupt USA?

That really depends upon to whom holds the liens and what collateral was given.

We are from a Judeo-Christian culture, in which forgiveness of debt is acceptable. If our debts are with those who also accept the forgiveness of a debt from their hearts as a righteous and just resolution of past decisions, then we probably have the ability to pick ourselves up from the bootstraps by managing the resources we still possess.

Then again, if stupid people decided to leverage the value of America with pagans, Muslims, and communists, the policy of forgiveness might be not only foreign to their way of thinking, but considered an unrighteous, criminal fraud being substituted for the just resolution of a past debt. Some religious and ethical systems would demand not only repayment, but penal suffering on the part of this nation, if we were unable to repay our debt. Many such systems would use such a dilemma as justification to invade and subject a foreign debting nation into slavery for up to seven generations or minimally forty years, even to the point of their own demise to remain righteous in their own eyes.

It's not smart to confuse Muslim thinking with an alternate form of Christianity, as one might compare Catholicism to Protestantism. The differences are very real and form the basis for many a past battle.

[karnage]

Sackcloth and ashes for the good ol’ USA.

[geologist]

“Sackcloth and ashes for the good ol’ USA.”
__________________________________________________________

Indeed! Where is our shame for the sorry state of affairs in America?

Father help us in our day, in Jesus name, amen.

[altair]

You know who understands this - Sarah Palin.

What's that supposed to mean? I think if she runs in 2012, I'll vote for her and I think she can win. That's like, a little more than 12 months away though. A bit late.