3 replies to this topic

[fluid]

Why would they (I would submit the most selfish people on this planet) even contemplate risking their own jobs? Its a farce; take it to the last minute then agree. There is no choice. AS IF they care about the debt level itself! Yeah, right. They care about political leverage.

[OEXCHAOS]

I understand your point, but here's the problem: I think we can all agree that our markets are, to one degree or another, manipulated by the powers that be. If that is the case--and I think it is-- they can take the market down hard on the "non-worry-worry" that the upstarts who want fiscal responsibility are "killing the economy!!! Just LOOK at the stock market!!!!" This is the perfect time to do it. Mark

[Rogerdodger]

the upstarts who want fiscal responsibility are "killing the economy!!! Just LOOK at the stock market!!!!"
This is the perfect time to do it.
Mark

This morning's headline from Bloomberg confirms:

Shutdown Would Shave Fourth-Quarter U.S. Growth as Much as 1.4%

Meanwhile:
Broke Feds to pour hundreds of millions into broke Detroit...

Debt Clock Link
US Unfunded liabilities: $125,870,000,000,000 and growing at over $100,000 per second.
$1,100,000 liability per taxpayer.
$148,000 debt per taxpayer!
(And those taxpayers are becoming fewer and fewer)

Edited by Rogerdodger, 27 September 2013 - 08:53 AM.

[fluid]

point taken roger but the debt problem is ignored for all practical purposes as it cant realistically come down. continue into forever.