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Treasury's Lew warns that U.S. default could happen quickly
Yahoo Finance ^
Posted on 02/03/2014 6:54:09 AM PST by Red in Blue PA
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To: Red in Blue PA
Unintended, I'm sure.
Cloward and Piven are the prophets we follow to utopia these days, not the profit margin.
We'll be arriving shortly. Please fasten your seat belts and place your seats and tray tables in their full upright and locked positions.
21
posted on
02/03/2014 8:08:22 AM PST
by
GBA
(Here in the Matrix, life is but a dream.)
To: Red in Blue PA
“Skip to my Lew my darlin’...”
22
posted on
02/03/2014 8:35:21 AM PST
by
TurboZamboni
(Marx smelled bad and lived with his parents .)
To: PeterPrinciple
You’re are 1000% correct. Given everything that’s going on globally, we’re not going to do anything but kick the can down the road hoping the future will automagically bail us out.
23
posted on
02/03/2014 8:39:45 AM PST
by
meatloaf
(Impeach Obama. That's my New Year's resolution.)
To: Red in Blue PA
"Default" is nonsense. There is enough money coming in to pay interest on bonds and to redeem maturing bonds. Cuts elsewhere will have to be made, though, to stay under the debt limit.
How about we stop paying poor people to stay poor, and we stop paying never-married women to have babies? That would save a lot of money.
24
posted on
02/03/2014 8:42:13 AM PST
by
JoeFromSidney
(Book: Resistance to Tyranny. Buy from Amazon.)
To: null and void
are we taking bets yet on O actually giving up the WH at the end of his term????
25
posted on
02/03/2014 9:08:18 AM PST
by
Nifster
To: null and void
26
posted on
02/03/2014 9:32:57 AM PST
by
Lady Jag
(Tolerance and apathy are the last virtues of a dying society. - Aristotle)
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