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To: BenLurkin

I’m thinking Baraq will come up with a way to allow federally guaranteed bonds for CA, IL, and NY.
I realize the fedgov is broke but it will buy those die hard Obama supporters a few more years.


3 posted on 07/12/2012 4:31:32 PM PDT by nascarnation
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To: nascarnation
I realize the fedgov is broke but it will buy those die hard Obama supporters a few more years.

Dude, the federal government is never broke as long as the Federal Reserve will print money to buy its debt. Now, we will be broke as a result, but the government ain't.

9 posted on 07/12/2012 5:06:59 PM PDT by BfloGuy (The final outcome of the credit expansion is general impoverishment.)
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