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Biden warns ‘the whole world is in trouble’ if US defaults on debts
The Hill ^ | 05/10/2023 | ALEX GANGITANO

Posted on 05/10/2023 1:18:44 PM PDT by ChicagoConservative27

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To: McGruff

yep

as i have been sayin’

do not be alarmed

they are still in the destruction phase of

build back better


21 posted on 05/10/2023 1:56:49 PM PDT by joshua c (to disrupt the system, we must disrupt our lives, cut the cable tv)
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To: ChicagoConservative27
Daughter : "Daddy, I'm on spring break and I need you to get my credit card limit increased".

Daddy : " Well honey, you already have a $5K limit"

Daughter : " I reached that on plane tickets, clothes, and hotel reservations."

Daddy : "Well sounds to me like you can't afford to go on spring break?"

Daughter : "But I need you to do this!, I don't have a job yet and I'm a student"

Daddy : "Yes you are honey and you just got the best economics lesson for free".

Daughter : "Well how am I going to eat?"

Daddy : "A loaf of bread and canned soup is manageable. " Daughter : "But what about my Starbucks and Bar Tabs?"

Daddy : "You can't afford those things honey, you're a student"

22 posted on 05/10/2023 2:00:44 PM PDT by blackdog ((Z28.310) We're all Women now.)
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To: ChicagoConservative27

Shut it, Traitor.


23 posted on 05/10/2023 2:15:20 PM PDT by cowboyusa (IT'S TIME TO PLAY COWBOYS AND MARXISTS!)
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To: ChicagoConservative27

We’re in trouble when that horde of illegals come pouring across our southern border Friday.


24 posted on 05/10/2023 2:28:03 PM PDT by SkyDancer (Hold on tight to your dream)
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To: Governor Dinwiddie

Sorry, it was $1.3 billion. But what’s a few billion between friends.


25 posted on 05/10/2023 2:39:32 PM PDT by Obadiah
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To: ChicagoConservative27

The whole world is in trouble because BIDEN is in Oval Office


26 posted on 05/10/2023 3:02:22 PM PDT by ridesthemiles
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To: ChicagoConservative27

No need for the US to default on debts stop your wasteful spending spree and sign the bill.

He reminds me of Cosby’s joke about named Jesus Christ by his dad.

Jesus Christ what the hell are you doing?.


27 posted on 05/10/2023 3:50:29 PM PDT by Vaduz (....)
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To: ChicagoConservative27

“first of all, let me assert my firm belief that the only thing we have to fear is fear itself — nameless, unreasoning, unjustified terror which paralyzes needed efforts to convert retreat into advance. In every dark hour of our national life a leadership of frankness and of vigor has met with that understanding and support of the people themselves which is essential to victory.”

FDR

https://www.bookbrowse.com/expressions/detail/index.cfm/expression_number/541/the-only-thing-we-have-to-fear-is-fear-itself


28 posted on 05/10/2023 4:11:38 PM PDT by Brian Griffin
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To: ChicagoConservative27

“The terms of the bond included: ‘The principal and interest hereof are payable in United States gold coin of the present standard of value.’ This type of “gold clause” was common in both public and private contracts of the time, and was intended to guarantee that bond-holders would not be harmed by a devaluation of the currency.”

“when the US Treasury called the fourth bond on April 15, 1934, it defaulted on this term by refusing to redeem the bond in gold, and neither did it account for the devaluation of the dollar from $20.67 per troy ounce of gold (the 1918 standard of value) to $35 per ounce. The 21 million bond holders therefore lost 139 million troy ounces of gold, or approximately 41% of the bond’s principal”

https://en.wikipedia.org/wiki/Liberty_bond


29 posted on 05/10/2023 4:13:07 PM PDT by Brian Griffin
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To: Obadiah

THAT should fix everything


30 posted on 05/11/2023 12:13:21 AM PDT by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: ChicagoConservative27

All this talk by Biden about defaults on US debt is not helping keep down interest rates.


31 posted on 05/11/2023 6:52:12 AM PDT by Brilliant
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