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To: NeoCaveman

What if we just said we’re not going to roll over existing debt?

We’re broke. Broke nations don’t borrow money. Sorry your politicians lied to you for 60 years, but you and your parents kept voting them in office.


15 posted on 08/09/2012 8:41:06 AM PDT by listenhillary (Courts, law enforcement, roads and national defense should be the extent of government)
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To: listenhillary
What if we just said we’re not going to roll over existing debt?

Formal default and debt repudiation?

I'm all for it but no one is going to mention it in polite company. Ron Paul came kind of close to it, but even with him you had to read between the lines.

16 posted on 08/09/2012 8:45:13 AM PDT by NeoCaveman ("If I had a son he'd look like B.O.'s lunch" - Rin Tin Tin)
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To: listenhillary
Sorry your politicians lied to you for 60 years, but you and your parents kept voting them in office.

Absolutely, but then again, they were all lied to, as those in D.C. put on a great show for those who actually trusted government.

24 posted on 08/09/2012 10:10:02 AM PDT by dragnet2 (Diversion and evasion or tools of deceit)
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