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To: the invisib1e hand

The term ‘full faith and credit’ shows that they are linked, even if only in peoples’ minds. Once the ‘credit’ is gone, as in the US downgraded or outright default, the ‘faith’ erodes rather rapidly until there is none left. The dollar will become as worthless as Confederate money was after the Civil War. They have destroyed an entire nation’s wealth in less than a decade................


30 posted on 07/15/2011 6:53:21 AM PDT by Red Badger (PEAS in our time? Obama cries PEAS! PEAS! when there is no PEAS!..........................)
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To: Red Badger

In truth, it has taken about 100 years through “progressives” i.e., Wilson, Hoover, FDR, LBJ, GWB, and now BHO. Add in the complicit sinecures in Congresses eager to buy votes to maintain their power. In the end, it has always been “the health and survival of the Republic be damned,” I’m going to get my own (look at Michele Obama for an egregious example). But even 100 years is a pretty short time for something like this to happen and it’s been staring us in the face and has been impossible to deny for at least 50 years.


36 posted on 07/15/2011 7:08:52 AM PDT by ProtectOurFreedom
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