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To: taildragger
Please read the rest of the article.

It denotes the numbers Peter Schippers and Glen Beck has noted, i.e. all Liabilities are in the 211 Trillion Dollar Range.

I am not sure we can get out of this....

2 posted on 07/28/2011 4:13:43 PM PDT by taildragger (( Palin / Mulally 2012 ))
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To: taildragger
I am not sure we can get out of this....

We can but it ain't gonna be pretty or easy. That's why so many of us have been preparing to take care of ourselves and our families.
5 posted on 07/28/2011 4:16:03 PM PDT by cripplecreek (Remember the River Raisin! (look it up))
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To: taildragger

At some point you simply walk away.

The country just say NO; the country breaks apart and dissolves itself, the country just rewrites its charters and erases its debts.

Thats what is going to happen, not just here but world wide.


6 posted on 07/28/2011 4:16:55 PM PDT by Adder (Say NO to the O in 2 oh 12)
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To: taildragger

Yeah, we can. But it requires cutting government deeply. And it requires privatizing and phasing out social security and medicare. And, obviously, repealing ObamaCare!

We need to do a constitutional audit of the federal government. All federal departments, agencies, programs, commissions, etc, that are not explicitly enumerated and authorized by the constitution as valid functions of the federal government need to be abolished and their functions, if truly needed, returned to the states and the people. The federal government needs to get its nose out of the people’s business. Literally! And all remaining constitutionally authorized departments need to be stripped to the bare bone. No pork! No fat!! Cut the taxes appropriately. Get our economy booming and put our people back to work!!


9 posted on 07/28/2011 4:26:53 PM PDT by Jim Robinson (Rebellion is brewing!! Impeach the corrupt Marxist bastard!!)
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To: taildragger
It is quite simple. It will not happen.

Wishes are not reality. The Boomers will not have a pleasant end.

22 posted on 07/28/2011 6:29:15 PM PDT by redgolum ("God is dead" -- Nietzsche. "Nietzsche is dead" -- God.)
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To: taildragger

“all Liabilities are in the 211 Trillion Dollar Range.’

And what are the assets range?


24 posted on 07/28/2011 7:53:10 PM PDT by Rennes Templar
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To: taildragger

“I am not sure we can get out of this.... “

There will be a resolution, though you won’t like it.

See what’s gonna happen here:
http://www.youtube.com/watch?v=TYKAbRK_wKA

Just sayin’....


26 posted on 07/28/2011 10:22:21 PM PDT by Grumplestiltskin (I may look new, but it's only deja vu!)
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