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To: jazusamo

Yep. Slow down this train to hell until we can actually throw things in reverse.


16 posted on 01/27/2011 10:59:13 AM PST by b4its2late (Ignorance allows liberalism to prosper.)
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To: b4its2late

Why has the Treasury and Fed gone to the effort of issuing debt in the first place? Why not just print up the cash?

My fear is that one way they will handle a filibusterer on debt would be to directly devalue the dollar and issue a new series of currency. Kind of like a preferred stock offering.
The old debt would simply be paid off with new currency.


26 posted on 01/27/2011 11:09:04 AM PST by updatedscreenname
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To: b4its2late

Do NOT remain seated until this ride comes to a full and complete stop! We’re going the wrong way!


36 posted on 01/27/2011 11:49:26 AM PST by B4Ranch (Do NOT remain seated until this ride comes to a full and complete stop! We're going the wrong way!)
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