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Treasury Says Anything But A Debt Ceiling Hike Would Lead To Default, As M.A.D. Escalates A Notch
Zero Hedge ^
| 01/21/2011
| Tyler Durden
Posted on 01/22/2011 3:38:11 AM PST by Zeddicus
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To: Lurker
Oh. Back to the cold war. Thanks.
21
posted on
01/22/2011 9:21:12 AM PST
by
Rocky
(REPEAL IT!)
To: Lurker
22
posted on
01/22/2011 9:22:53 AM PST
by
Sir Francis Dashwood
(Arjuna, why have you have dropped your bow???)
To: Aevery_Freeman
A private citizen faced with a cash flow shortfall would cut expenses, scrounge for misplaced resources and have a garage sale. What could the fed sell on a garage sale? Let's see, oil leases, mining leases, timber leases, land, buildings, surplus materials and so on and so on... Why should the only things government sells be their votes, their souls and the American people down the river? The Republican-controlled house, by it's power over the debt ceiling, has the potential power to make Obama do whatever they want.
Their willingness to use that power will be seen as the measure of their seriousness.
Don't raise the debt ceiling. Just pass a budget that lives within the debt ceiling.
23
posted on
01/22/2011 9:28:27 AM PST
by
PapaBear3625
("It is only when we've lost everything, that we are free to do anything" -- Fight Club)
To: Zeddicus
These tax payer shake down artists aka, bansters like Geithner, need to go to prison. They should not threaten our country with a crash if we don’t meet their demands. Enough of that nonsense.
I still want to know who was doing the electronic run on our banks during the last election which led to TARP. I want to know who did it and why.
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