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To: TurboZamboni

Nothing to see here. Just move on and go about your business. Everything will be fine.


3 posted on 11/11/2012 8:22:01 AM PST by jimbobfoster
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To: jimbobfoster

Gross: US fiscal cliff deeper than advertised. Its a Grand Canyon. Washington will defer entitlement cuts & raise revenues only marginally.— PIMCO (@PIMCO) November 11, 2012


6 posted on 11/11/2012 8:24:08 AM PST by Perdogg (Rep. Tom McClintock (R-CA4) for President 2016)
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To: jimbobfoster
Lets see.... 16+trillion dollar national debt, 100+trillion dollar unfunded liabilities, 1.1+trillion dollar yearly deficit and 1 quadrillion dollars in derivatives. And if the banks were to put up 3.5% reserves to back these derivatives as being proposed, that would require their scrapping up another 35 trillion dollars, which I think is more money than is available in the world.

Naw, I agree, nothing to worry about.

13 posted on 11/11/2012 8:38:46 AM PST by The Old Commander (Anyone who voted for Obama did so to steal from the productive class.)
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