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03-16-2010, 11:35 AM
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Senior Member
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Join Date: Nov 2009
Location: Sonoma County, CA
Posts: 20,496
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Quote:
Originally Posted by Sandy G
I wonder what WOULD happen if America went toes up ? If suddenly this morning,Barry or Sara or Alfred E. Neumann got up there & said "Sorry folks, we's BUSTED...Buh-bye..." Would Chingy-Pong Charlie & co. be over here the next day w/the title deed to America in hand, there w/the high sheriff, ready to run us all off ? Or would we get to start over afresh, w/a society that wasn't burdened by a heavy-handed bureaucracy, too many onerous rules, or would there be chaos in the streets-Shit, I've ALWAYS wanted to drive on the wrong side of the road like they do in Ol' Blighty-Now's my chance...Interesting concept. I wonder what immediate effects would we have if Uncle Sam stiffed his creditors...
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Here's what would happen. Our creditor nations would restructure our debt because a: that way they get the money back sooner or later, b: it gives them greater leverage with us, c: they'll be in line for sweetheart deals for obtaining raw materials from us as well as gaining markets for finished goods and d: we are too big to fail. If we go they all go too. Other nations in a position to do so would lend us money to service our existing debt for b, c & d above.
Next comes the rash of privatizations where domestic, foreign or multinational corporations are ceded control of key infrastructure functions such as highway maintenance, port operations, customs, security, TVA & Bonneville, et cetera, et cetera, et cetera. That way we eliminate expenditures in those areas, earn royalties from the contracting private corporations and provide the necessary quid pro quo to our creditors: lend us the money and your company can run our infrastructure.
Hell, it's what we, the IMF and the World Bank have been doing to other third world countries for decades. Now it's our turn. Neo-liberal paradise!
John
__________________
Smoke me a kipper. I'll be back for breakfast.
Last edited by Boreas; 03-16-2010 at 07:45 PM.
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03-16-2010, 11:43 AM
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Senior Member
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Join Date: Nov 2009
Location: Sonoma County, CA
Posts: 20,496
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Quote:
Originally Posted by Twodogs
I guess I did word that pretty crappy. I mean that he's pissing up the wrong tree with all this going back to FDR and such. He's making it out like it's a 100 year old conspiracy forged by progressives that aren't even still alive. The way I see it, (the things he hates) it's nothing more than a large group of VERY liberal Democrats that have taken power because the Republicans sucked ass when they had the reigns. So now, the Dems are screwing up, so what are we left with? The stinkin Republicans. Oh, but wait, there's the third party hope (lead by Sarah Palin).
Bottom line; Our government is broken beyond repair. It has gotten too big, and both parties want to grow it. Who was it that said; 'If the jockey weighs more than the horse, the horse will stop running." I'll be honest guys, I think Americans (for the most part), think this country is "Too Big To Fail", and that fact will keep it getting more and more sick. We are getting (almost) weekly warnings from Moody about our credit rating. The one yesterday warned that our interest payments may be becoming "unsustainable". If that is so, how do we ever pay the debt off? We either cut spending, which ain't gonna happen whatever party is in control, or we keep on raising taxes on Americans that are fortunate enough to be working. I could go on and on, but I won't bore you.
I guess my point is, Beck (or whatever "news" people) need to be talking about is the present and future, instead of FDR and Roosevelt.
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TD, we actually agree on most of the symptoms. We even agree on a few of the causes but I suspect we;ll never agree on the cure.
That's the worst thing about the situation we find ourselves in here. We recognize and agree about most of the problems facing us but our "leaders" have succeeded in so polarizing us that we will never agree on the solutions, especially since each side believes the other side is responsible for the mess.
John
__________________
Smoke me a kipper. I'll be back for breakfast.
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03-16-2010, 02:34 PM
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Resident octogenarian
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Join Date: May 2009
Location: Maryland
Posts: 20,860
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I see China is now threatening foreign companies that are doing business there. They want their technology and their patents or they won't let them do business there. They are also running out of freash water and started a big canal project but apparently have screwed up the first leg.
That one kid per family is coming back to haunt them because those kids were spoiled rotten and are as useless as a milk bucket with a bull.
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Great minds discuss ideas; Average minds discuss events; Small minds discuss people.
Eleanor Roosevelt
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03-16-2010, 02:42 PM
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Senior Member
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Join Date: May 2009
Location: Cowtown
Posts: 2,460
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Quote:
Originally Posted by merrylander
I see China is now threatening foreign companies that are doing business there. They want their technology and their patents or they won't let them do business there. They are also running out of freash water and started a big canal project but apparently have screwed up the first leg.
That one kid per family is coming back to haunt them because those kids were spoiled rotten and are as useless as a milk bucket with a bull.
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They should enact that one kid per deal here, if you happen to be on welfare. Just kidding libs, don't let your heads spin off your necks.  Seriously though, I didn't know this stuff about China. Pretty interesting to say the least. That's all I needed, something else to read up on. I need new glasses, or else these daily headaches are a tumor.
__________________
"The Tree of Liberty must be refreshed at times, with the blood of Tyrants."
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03-16-2010, 02:54 PM
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Senior Member
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Join Date: May 2009
Location: Cowtown
Posts: 2,460
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Hey, maybe there the result of this 100db of Lynard Skynard I got going here? Got a Sui AU 919 running at 11 into a pair of JBL 4301b monitors. Swamp swamp swamp music!
__________________
"The Tree of Liberty must be refreshed at times, with the blood of Tyrants."
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03-16-2010, 02:55 PM
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Senior Member
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Join Date: May 2009
Location: Cowtown
Posts: 2,460
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It was the needle......................and the spoon. yehhhhhhh
__________________
"The Tree of Liberty must be refreshed at times, with the blood of Tyrants."
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03-16-2010, 03:00 PM
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Senior Member
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Join Date: May 2009
Posts: 10,348
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Quote:
Originally Posted by Boreas
Here's what would happen. Our creditor nations would restructure our debt because a: that way they get the money back sooner or later, b: it gives them greater leverage with us, c: they'll be in line for sweetheart deals for obtaining raw materials from us as well as gaining markets for finished goods and d: we are too big to fail. If we go they all go too. Other nations in a position to do so would lend us money to service our existing debt for b, c & d above.
Next comes the rash of privatizations where domestic, foreign or multinational corporations are ceded control of key infrastructure functions such as highway maintenance, port operations, customs, security, TVA & Bonneville, et cetera, et cetera, et cetera. That way we eliminate expenditures in those areas, earn royalties from the contracting private corporations and provide the necessary quid pro quo to our creditors: lend us the money and your company can run our infrastructure.
Hell, it's what we, the IMF and the World Bank have been doing to other third world countries for decades. Now it's our turn. Ne-liberal paradise!
John
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That's the way it works.
Chas
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03-16-2010, 03:01 PM
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Senior Member
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Join Date: May 2009
Posts: 10,348
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Quote:
Originally Posted by Twodogs
Hey, maybe there the result of this 100db of Lynard Skynard I got going here? Got a Sui AU 919 running at 11 into a pair of JBL 4301b monitors. Swamp swamp swamp music! 
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Can you hear it?
Chas
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03-16-2010, 03:07 PM
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Senior Member
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Join Date: May 2009
Location: Cowtown
Posts: 2,460
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Quote:
Originally Posted by Charles
Can you hear it?
Chas
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Huh?
__________________
"The Tree of Liberty must be refreshed at times, with the blood of Tyrants."
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03-16-2010, 03:34 PM
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Senior Member
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Join Date: May 2009
Posts: 1,354
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Quote:
Originally Posted by Boreas
Here's what would happen. Our creditor nations would restructure our debt because a: that way they get the money back sooner or later, b: it gives them greater leverage with us, c: they'll be in line for sweetheart deals for obtaining raw materials from us as well as gaining markets for finished goods and d: we are too big to fail. If we go they all go too. Other nations in a position to do so would lend us money to service our existing debt for b, c & d above.
Next comes the rash of privatizations where domestic, foreign or multinational corporations are ceded control of key infrastructure functions such as highway maintenance, port operations, customs, security, TVA & Bonneville, et cetera, et cetera, et cetera. That way we eliminate expenditures in those areas, earn royalties from the contracting private corporations and provide the necessary quid pro quo to our creditors: lend us the money and your company can run our infrastructure.
Hell, it's what we, the IMF and the World Bank have been doing to other third world countries for decades. Now it's our turn. Ne-liberal paradise!
John
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Hmmmmm...I ain't so sure things might not end up bein' better off in the long run....
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