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US debt default, the BBC looks at it

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  • US debt default, the BBC looks at it

    http://www.bbc.co.uk/news/business-14025485

    Its amazing how little they know....

  • #2
    Re: US debt default, the BBC looks at it

    Originally posted by Mega View Post
    http://www.bbc.co.uk/news/business-14025485

    Its amazing how little they know....
    or even more amazing:
    "....
    What's the way out of the impasse? "Simple", say Republican leaders. All the president has to do is agree to cut spending by $2 trillion over the next 10 years, without a penny in tax increases.
    "Not so simple," replies the president. He's said yes to significant spending cuts, but raising tax revenues has to be part of the mix..."

    ok fine - how this: ROLL BACK THE SPENDING TO WHAT IT WAS IN 2007 - all of it, right straight across the board, _before_ he decided to dump 2 trillion into the toilet in the name of 'stimulous' and further bailouts of wall st - and hey!
    HOW ABOUT SOME CLAWBACKS FROM THE PAYOUTS TO/FOR: aig's payout to GS

    and in the meantime mr mike, look on the bright side:
    gold _didnt_ get killed today!
    ;)

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    • #3
      Re: US debt default, the BBC looks at it

      How bout the 5 trillion dollars in endless wars to secure the oil supplies of the Middle East and the hundreds of thousands of veterans with brain trauma that will have to struggle with that for the rest of their lives.

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