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To: gleeaikin
The United States is still the safest refuge for investment in the world. That is one way we have led the world for so long.

Who else is a safer bet?

What other countries are the investors better friend?

If the government of this country will stop this madness and cut its spending, America will be an even SAFER BET.

It is simply not true the United States cannot pay its interest on indebtedness without raising the debt ceiling. That is a proven lie.

You are participating in furthering the lie Democrats are using to scare people.

This sky-is-falling crap is only true of federal out-of-control spending.

Refusing to raise the debt ceiling is the beginning of the proper path to return to solvency.

It forces the major cuts in spending our federal government must make.

Nobody in the world is fooled. The United States is already insolvent and everyone knows it.

53 posted on 07/16/2011 6:37:29 PM PDT by NoControllingLegalAuthority (What this country needs is an enema.)
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To: NoControllingLegalAuthority
You didn't read my proposal ~ the United States is quite possibly the farthest away from insolvency you can get and still be in this country.

We have a debt problem ~ it's too high. We have a tax problem ~ there's not enough. We have an expenditures problem ~ that's too high. And so on and so forth, BUT, we have resources.

In the good old days a nation might have a gold and silver reserve to tide it through the bad times, and back its currency. Today we have a vast storehouse of wealth OWNED directly by the government. There's more land owned by the government than the Louisiana Purchase. It's full of coal, oil and other riches which can be tapped.

At the rock bottom price of $500 per acre, the public lands are valued at $440 billion. At a more realistic $3,000 per acre, they are worth $2.60 trillion. With another $10,000 per acre for 1/10 for the raw mineral wealth prior to extraction, that's nearly another $ trillion ~ and I haven't even thought much about it.

We literally have enough OBVIOUS wealth in the hands of the federal government that it can GUARANTEE 100% of the outstanding debt to Social Security!

We don't need to rely entirely on taxes to pay our bills on time.

58 posted on 07/16/2011 7:48:48 PM PDT by muawiyah
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