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Fairfax Underground
Welcome to Fairfax Underground, a project site designed to improve communication among residents of Fairfax County, VA. Feel free to post anything Northern Virginia residents would find interesting.
Welcome to Fairfax Underground, a project site designed to improve communication among residents of Fairfax County, VA. Feel free to post anything Northern Virginia residents would find interesting.
Government DeFault is hype
Posted by:
Government DeFault is hype
()
Date: October 16, 2013 08:10AM
Nothing will happen. Or are the doomsday prepper correct?
Re: Government DeFault is hype
Posted by:
borrowing rates will go up
()
Date: October 16, 2013 08:21AM
Tbill rates will and have already gone up. Do I consider that the end of the world? No, but for a party that wants to reduce the deficit it sure is strange they are pushing this go to the edge mentality.
It would be as if you were about to buy a house went to the mortgage officer who was gonna offer you 3.85, and then you said OH YEA!? Stop making bill payments, credit cards, saw a sudden drop in your credit rating and then went.
NOW WHATS MY LOAN PERCENTAGE BITCH!?
Thats the idiotic and erratic behavior of the teaparty in one semi-apt analogy.
It would be as if you were about to buy a house went to the mortgage officer who was gonna offer you 3.85, and then you said OH YEA!? Stop making bill payments, credit cards, saw a sudden drop in your credit rating and then went.
NOW WHATS MY LOAN PERCENTAGE BITCH!?
Thats the idiotic and erratic behavior of the teaparty in one semi-apt analogy.
Re: Government DeFault is hype
Posted by:
Postulating Postulator.
()
Date: October 16, 2013 08:45AM
I thought about this, and then I remembered what happened after some of the prisoners at Gitmo were waterboarded.
Evidently, they started talking freely about everything. Just spilled their guts. This is because the torture inflicted by the United States gave them a kind of "permission" to do so. They had resisted as long as they could before they finally just couldn't take it any more; they had done their duty to Allah, and now it was time to talk.
This is what I think the Republicans will do. They will take it right up to the very edge of the cliff and maybe even let it start to go over the brink before they finally say, "Okay, we did everything we could to stop Obamacare, but it wasn't enough, and we're not willing to let the whole thing crash and burn, because we're grown-ups and not anarchists."
Of course, it could be that they do let the whole thing crash and burn, which may very well be the strategy of Ted Cruz* and his Tea Party cronies. The phrase "We destroyed the village in order to save it." somehow springs to mind.
*I actually think Ted Cruz doesn't have an exit strategy, or he didn't when he started this whole mess.
Evidently, they started talking freely about everything. Just spilled their guts. This is because the torture inflicted by the United States gave them a kind of "permission" to do so. They had resisted as long as they could before they finally just couldn't take it any more; they had done their duty to Allah, and now it was time to talk.
This is what I think the Republicans will do. They will take it right up to the very edge of the cliff and maybe even let it start to go over the brink before they finally say, "Okay, we did everything we could to stop Obamacare, but it wasn't enough, and we're not willing to let the whole thing crash and burn, because we're grown-ups and not anarchists."
Of course, it could be that they do let the whole thing crash and burn, which may very well be the strategy of Ted Cruz* and his Tea Party cronies. The phrase "We destroyed the village in order to save it." somehow springs to mind.
*I actually think Ted Cruz doesn't have an exit strategy, or he didn't when he started this whole mess.
Re: Government DeFault is hype
Posted by:
Huey
()
Date: October 16, 2013 08:52AM
They all need to stop being Republicans and Democrats, and start being Americans. The damage they are causing to citizens is inexcusable. Next election, every incumbent should be voted out.
Re: Government DeFault is hype
Posted by:
Tiredout
()
Date: October 16, 2013 09:32AM
borrowing rates will go up Wrote:
-------------------------------------------------------
> Tbill rates will and have already gone up. Do I
> consider that the end of the world? No, but for a
> party that wants to reduce the deficit it sure is
> strange they are pushing this go to the edge
> mentality.
>
> It would be as if you were about to buy a house
> went to the mortgage officer who was gonna offer
> you 3.85, and then you said OH YEA!? Stop making
> bill payments, credit cards, saw a sudden drop in
> your credit rating and then went.
>
> NOW WHATS MY LOAN PERCENTAGE BITCH!?
>
> Thats the idiotic and erratic behavior of the
> teaparty in one semi-apt analogy.
It is because they are not for reducing the deficit. They are for a power grab. That is all.
-------------------------------------------------------
> Tbill rates will and have already gone up. Do I
> consider that the end of the world? No, but for a
> party that wants to reduce the deficit it sure is
> strange they are pushing this go to the edge
> mentality.
>
> It would be as if you were about to buy a house
> went to the mortgage officer who was gonna offer
> you 3.85, and then you said OH YEA!? Stop making
> bill payments, credit cards, saw a sudden drop in
> your credit rating and then went.
>
> NOW WHATS MY LOAN PERCENTAGE BITCH!?
>
> Thats the idiotic and erratic behavior of the
> teaparty in one semi-apt analogy.
It is because they are not for reducing the deficit. They are for a power grab. That is all.
Re: Government DeFault is hype
Posted by:
norquist
()
Date: October 16, 2013 09:34AM
Ted Cruz may have the spotlight, but the stage hand is Norquist.
Re: Government DeFault is hype
Posted by:
Liberal Logic 28
()
Date: October 16, 2013 09:53AM
Huey Wrote:
-------------------------------------------------------
> They all need to stop being Republicans and
> Democrats, and start being Americans. The damage
> they are causing to citizens is inexcusable. Next
> election, every incumbent should be voted out.
Agreed.
-------------------------------------------------------
> They all need to stop being Republicans and
> Democrats, and start being Americans. The damage
> they are causing to citizens is inexcusable. Next
> election, every incumbent should be voted out.
Agreed.
Re: Government DeFault is hype
Posted by:
TheRealWord
()
Date: October 16, 2013 10:26AM
Government DeFault is hype Wrote:
-------------------------------------------------------
> Nothing will happen. Or are the doomsday prepper
> correct?
Well, complex economic scenarios with few precedence are usually well understood by the average internet citizen....
-------------------------------------------------------
> Nothing will happen. Or are the doomsday prepper
> correct?
Well, complex economic scenarios with few precedence are usually well understood by the average internet citizen....
Re: Government DeFault is hype
Posted by:
Greg Sargent
()
Date: October 16, 2013 10:36AM
From the very beginning of this whole crisis, two facts have been plainly obvious to anyone who cared to appreciate the basic dynamics of the situation:
1) The incentives always argued overwhelmingly in favor of Dems refusing to concede any meaningful ground to the GOP demand for major unilateral concessions in a context where Republicans were using the threat of extensive harm to the country to get their way. This was the only way to prevent this from happening to Dems — and the country — again.
2) There was never any compromise that could prove acceptable to both Tea Party conservatives on one side, and Obama and Senate Dems on the other. One side believes it must reserve the threat of widespread damage to the country as leverage to cripple the Obama presidency before it destroys the country. The other wants to end use of that as leverage for good. That core difference was inherently unbridgeable.
Today, with Senators close to a deal to reopen the government and lift the debt limit, John Boehner may finally have to come to terms with those two facts, and accept their implications: The only way out of this mess is through an alliance of non-Tea Party Republicans and Democrats.
1) The incentives always argued overwhelmingly in favor of Dems refusing to concede any meaningful ground to the GOP demand for major unilateral concessions in a context where Republicans were using the threat of extensive harm to the country to get their way. This was the only way to prevent this from happening to Dems — and the country — again.
2) There was never any compromise that could prove acceptable to both Tea Party conservatives on one side, and Obama and Senate Dems on the other. One side believes it must reserve the threat of widespread damage to the country as leverage to cripple the Obama presidency before it destroys the country. The other wants to end use of that as leverage for good. That core difference was inherently unbridgeable.
Today, with Senators close to a deal to reopen the government and lift the debt limit, John Boehner may finally have to come to terms with those two facts, and accept their implications: The only way out of this mess is through an alliance of non-Tea Party Republicans and Democrats.
Re: Government DeFault is hype
Posted by:
except that
()
Date: October 16, 2013 10:48AM
borrowing rates will go up Wrote:
-------------------------------------------------------
> Tbill rates will and have already gone up. Do I
> consider that the end of the world? No, but for a
> party that wants to reduce the deficit it sure is
> strange they are pushing this go to the edge
> mentality.
>
> It would be as if you were about to buy a house
> went to the mortgage officer who was gonna offer
> you 3.85, and then you said OH YEA!? Stop making
> bill payments, credit cards, saw a sudden drop in
> your credit rating and then went.
>
> NOW WHATS MY LOAN PERCENTAGE BITCH!?
>
> Thats the idiotic and erratic behavior of the
> teaparty in one semi-apt analogy.
Rates already had gone up prior to all of this and the current fiasco hasn't really affected them much.
-------------------------------------------------------
> Tbill rates will and have already gone up. Do I
> consider that the end of the world? No, but for a
> party that wants to reduce the deficit it sure is
> strange they are pushing this go to the edge
> mentality.
>
> It would be as if you were about to buy a house
> went to the mortgage officer who was gonna offer
> you 3.85, and then you said OH YEA!? Stop making
> bill payments, credit cards, saw a sudden drop in
> your credit rating and then went.
>
> NOW WHATS MY LOAN PERCENTAGE BITCH!?
>
> Thats the idiotic and erratic behavior of the
> teaparty in one semi-apt analogy.
Rates already had gone up prior to all of this and the current fiasco hasn't really affected them much.
Re: Government DeFault is hype
Posted by:
eLester
()
Date: October 16, 2013 12:33PM
The rates are ridiculously low still. Their raise may cause a temporary hardship for the large Ponzi banks.
Re: Government DeFault is hype
Posted by:
Liberal Logic 28
()
Date: October 16, 2013 01:18PM
borrowing rates will go up Wrote:
-------------------------------------------------------
> Tbill rates will and have already gone up. Do I
> consider that the end of the world? No, but for a
> party that wants to reduce the deficit it sure is
> strange they are pushing this go to the edge
> mentality.
>
> It would be as if you were about to buy a house
> went to the mortgage officer who was gonna offer
> you 3.85, and then you said OH YEA!? Stop making
> bill payments, credit cards, saw a sudden drop in
> your credit rating and then went.
>
> NOW WHATS MY LOAN PERCENTAGE BITCH!?
>
> Thats the idiotic and erratic behavior of the
> teaparty in one semi-apt analogy.
The only thing idiotic is your description of it.
The gig is up on the defaulting bullshit. Moodys already came out and said its nothing.
The Debt ceiling is for new spending, it doesnt need to be raised for "payments" on existing debt. We dont even make payments anyway and havent for years, the debt going up is just us saying okay you can charge up more interest.
Nothing will happen because we wont default.
Just like the sequester and the shut down now its nothing but bullshit from the left trying to make it sound like Armageddon because reducing the size of government spending is the biggest threat anyone could ever bring towards their ideology.
Absolutely nothing will change whether there is a deal or not. If there isnt its the current and future spending thats at risk, not past debt
-------------------------------------------------------
> Tbill rates will and have already gone up. Do I
> consider that the end of the world? No, but for a
> party that wants to reduce the deficit it sure is
> strange they are pushing this go to the edge
> mentality.
>
> It would be as if you were about to buy a house
> went to the mortgage officer who was gonna offer
> you 3.85, and then you said OH YEA!? Stop making
> bill payments, credit cards, saw a sudden drop in
> your credit rating and then went.
>
> NOW WHATS MY LOAN PERCENTAGE BITCH!?
>
> Thats the idiotic and erratic behavior of the
> teaparty in one semi-apt analogy.
The only thing idiotic is your description of it.
The gig is up on the defaulting bullshit. Moodys already came out and said its nothing.
The Debt ceiling is for new spending, it doesnt need to be raised for "payments" on existing debt. We dont even make payments anyway and havent for years, the debt going up is just us saying okay you can charge up more interest.
Nothing will happen because we wont default.
Just like the sequester and the shut down now its nothing but bullshit from the left trying to make it sound like Armageddon because reducing the size of government spending is the biggest threat anyone could ever bring towards their ideology.
Absolutely nothing will change whether there is a deal or not. If there isnt its the current and future spending thats at risk, not past debt
Re: Government DeFault is hype
Posted by:
squeegeezy
()
Date: October 16, 2013 01:18PM
Greg Sargent Wrote:
-------------------------------------------------------
> From the very beginning of this whole crisis, two
> facts have been plainly obvious to anyone who
> cared to appreciate the basic dynamics of the
> situation:
>
> 1) The incentives always argued overwhelmingly in
> favor of Dems refusing to concede any meaningful
> ground to the GOP demand for major unilateral
> concessions in a context where Republicans were
> using the threat of extensive harm to the country
> to get their way. This was the only way to prevent
> this from happening to Dems — and the country
> — again.
>
> 2) There was never any compromise that could prove
> acceptable to both Tea Party conservatives on one
> side, and Obama and Senate Dems on the other. One
> side believes it must reserve the threat of
> widespread damage to the country as leverage to
> cripple the Obama presidency before it destroys
> the country. The other wants to end use of that as
> leverage for good. That core difference was
> inherently unbridgeable.
>
> Today, with Senators close to a deal to reopen the
> government and lift the debt limit, John Boehner
> may finally have to come to terms with those two
> facts, and accept their implications: The only way
> out of this mess is through an alliance of non-Tea
> Party Republicans and Democrats.
Boner knew this all along. He's not stupid, but he is a colossal pussy.
-------------------------------------------------------
> From the very beginning of this whole crisis, two
> facts have been plainly obvious to anyone who
> cared to appreciate the basic dynamics of the
> situation:
>
> 1) The incentives always argued overwhelmingly in
> favor of Dems refusing to concede any meaningful
> ground to the GOP demand for major unilateral
> concessions in a context where Republicans were
> using the threat of extensive harm to the country
> to get their way. This was the only way to prevent
> this from happening to Dems — and the country
> — again.
>
> 2) There was never any compromise that could prove
> acceptable to both Tea Party conservatives on one
> side, and Obama and Senate Dems on the other. One
> side believes it must reserve the threat of
> widespread damage to the country as leverage to
> cripple the Obama presidency before it destroys
> the country. The other wants to end use of that as
> leverage for good. That core difference was
> inherently unbridgeable.
>
> Today, with Senators close to a deal to reopen the
> government and lift the debt limit, John Boehner
> may finally have to come to terms with those two
> facts, and accept their implications: The only way
> out of this mess is through an alliance of non-Tea
> Party Republicans and Democrats.
Boner knew this all along. He's not stupid, but he is a colossal pussy.
Re: Government DeFault is hype
Posted by:
Greg Sargent
()
Date: October 16, 2013 03:38PM
Liberal Logic 28 Wrote:
-
>
> The only thing idiotic is your description of it.
>
>
> The gig is up on the defaulting bullshit. Moodys
> already came out and said its nothing.
>
> The Debt ceiling is for new spending, it doesnt
> need to be raised for "payments" on existing debt.
> We dont even make payments anyway and havent for
> years, the debt going up is just us saying okay
> you can charge up more interest.
>
> Nothing will happen because we wont default.
>
> Just like the sequester and the shut down now its
> nothing but bullshit from the left trying to make
> it sound like Armageddon because reducing the size
> of government spending is the biggest threat
> anyone could ever bring towards their ideology.
>
> Absolutely nothing will change whether there is a
> deal or not. If there isnt its the current and
> future spending thats at risk, not past debt
California is a case in point. Under the massively corrupt Democratic Gov. Gray Davis, the Republic party took the reins in the Legislature and passed all kinds of crazy stuff. Then Arnie took over and he proved to be too moderate for the radical rightwinger Republic party legislators and they blocked everything he tried to reform.
Then the voters got sick of all of that political rubbish and picked Jerry Brown to be governor again, because we remembered what a fantastic job he did in the 1970s in cleaning up St. Raygun's mess And Jerry Brown is squeaky clean, incorruptible. Now we have budget surpluses, our highways and bridges are being fixed like crazy, employers are putting up help-wanted signs at their businesses, the state has regained its traditional optimism.
And Jerry Brown, who is a champion of our beautiful state college and university system, has restored funds and avoided further cuts.
So the Republic party here in California tried the same obstructionism and the voters buried them. On the national level, the voters will sweep in 2014, and Obama will pass anything he wants.
-
>
> The only thing idiotic is your description of it.
>
>
> The gig is up on the defaulting bullshit. Moodys
> already came out and said its nothing.
>
> The Debt ceiling is for new spending, it doesnt
> need to be raised for "payments" on existing debt.
> We dont even make payments anyway and havent for
> years, the debt going up is just us saying okay
> you can charge up more interest.
>
> Nothing will happen because we wont default.
>
> Just like the sequester and the shut down now its
> nothing but bullshit from the left trying to make
> it sound like Armageddon because reducing the size
> of government spending is the biggest threat
> anyone could ever bring towards their ideology.
>
> Absolutely nothing will change whether there is a
> deal or not. If there isnt its the current and
> future spending thats at risk, not past debt
California is a case in point. Under the massively corrupt Democratic Gov. Gray Davis, the Republic party took the reins in the Legislature and passed all kinds of crazy stuff. Then Arnie took over and he proved to be too moderate for the radical rightwinger Republic party legislators and they blocked everything he tried to reform.
Then the voters got sick of all of that political rubbish and picked Jerry Brown to be governor again, because we remembered what a fantastic job he did in the 1970s in cleaning up St. Raygun's mess And Jerry Brown is squeaky clean, incorruptible. Now we have budget surpluses, our highways and bridges are being fixed like crazy, employers are putting up help-wanted signs at their businesses, the state has regained its traditional optimism.
And Jerry Brown, who is a champion of our beautiful state college and university system, has restored funds and avoided further cuts.
So the Republic party here in California tried the same obstructionism and the voters buried them. On the national level, the voters will sweep in 2014, and Obama will pass anything he wants.
Re: Government DeFault is hype
Posted by:
deficit hawks dont know shit
()
Date: October 16, 2013 03:57PM
except that Wrote:
-------------------------------------------------------
> borrowing rates will go up Wrote:
> --------------------------------------------------
> -----
> > Tbill rates will and have already gone up. Do I
> > consider that the end of the world? No, but for
> a
> > party that wants to reduce the deficit it sure
> is
> > strange they are pushing this go to the edge
> > mentality.
> >
> > It would be as if you were about to buy a house
> > went to the mortgage officer who was gonna
> offer
> > you 3.85, and then you said OH YEA!? Stop
> making
> > bill payments, credit cards, saw a sudden drop
> in
> > your credit rating and then went.
> >
> > NOW WHATS MY LOAN PERCENTAGE BITCH!?
> >
> > Thats the idiotic and erratic behavior of the
> > teaparty in one semi-apt analogy.
>
>
> Rates already had gone up prior to all of this and
> the current fiasco hasn't really affected them
> much.
You are a fuckin moron who confuses mortgage rates with TBills
Hey dumb fuck, they had a 400% move last week when the debt ceiling came into play in debates, that single day move was the largest since the savings and loan crisis in the 80s
Fuckin nit douche
PS that jump cost tax payers an extra 3 billion dollars because of the 30 day tbill rates we had to shell out.
Way to go, "deficit hawks"
-------------------------------------------------------
> borrowing rates will go up Wrote:
> --------------------------------------------------
> -----
> > Tbill rates will and have already gone up. Do I
> > consider that the end of the world? No, but for
> a
> > party that wants to reduce the deficit it sure
> is
> > strange they are pushing this go to the edge
> > mentality.
> >
> > It would be as if you were about to buy a house
> > went to the mortgage officer who was gonna
> offer
> > you 3.85, and then you said OH YEA!? Stop
> making
> > bill payments, credit cards, saw a sudden drop
> in
> > your credit rating and then went.
> >
> > NOW WHATS MY LOAN PERCENTAGE BITCH!?
> >
> > Thats the idiotic and erratic behavior of the
> > teaparty in one semi-apt analogy.
>
>
> Rates already had gone up prior to all of this and
> the current fiasco hasn't really affected them
> much.
You are a fuckin moron who confuses mortgage rates with TBills
Hey dumb fuck, they had a 400% move last week when the debt ceiling came into play in debates, that single day move was the largest since the savings and loan crisis in the 80s
Fuckin nit douche
PS that jump cost tax payers an extra 3 billion dollars because of the 30 day tbill rates we had to shell out.
Way to go, "deficit hawks"
Re: Government DeFault is hype
Posted by:
Bill.N.
()
Date: October 16, 2013 04:02PM
norquist Wrote:
-------------------------------------------------------
> Ted Cruz may have the spotlight, but the stage
> hand is Norquist.
Norquist may be the man behind the curtain, but Ted Cruz chose to be the point man. If the tea party did seriously injure itself, people may be willing to forget who knuckled under to Norquist, but they won't forget those who chose to be his champion.
Of course if everything does go to crap by 2016, being the lone voice in the wilderness willing to stand up for Norquist's position might be a good place to launch a presidential campaign.
-------------------------------------------------------
> Ted Cruz may have the spotlight, but the stage
> hand is Norquist.
Norquist may be the man behind the curtain, but Ted Cruz chose to be the point man. If the tea party did seriously injure itself, people may be willing to forget who knuckled under to Norquist, but they won't forget those who chose to be his champion.
Of course if everything does go to crap by 2016, being the lone voice in the wilderness willing to stand up for Norquist's position might be a good place to launch a presidential campaign.
Re: Government DeFault is hype
Posted by:
except that
()
Date: October 16, 2013 06:02PM
deficit hawks dont know shit Wrote:
-------------------------------------------------------
> except that Wrote:
> --------------------------------------------------
> -----
> > borrowing rates will go up Wrote:
> >
> --------------------------------------------------
>
> > -----
> > > Tbill rates will and have already gone up. Do
> I
> > > consider that the end of the world? No, but
> for
> > a
> > > party that wants to reduce the deficit it
> sure
> > is
> > > strange they are pushing this go to the edge
> > > mentality.
> > >
> > > It would be as if you were about to buy a
> house
> > > went to the mortgage officer who was gonna
> > offer
> > > you 3.85, and then you said OH YEA!? Stop
> > making
> > > bill payments, credit cards, saw a sudden
> drop
> > in
> > > your credit rating and then went.
> > >
> > > NOW WHATS MY LOAN PERCENTAGE BITCH!?
> > >
> > > Thats the idiotic and erratic behavior of the
> > > teaparty in one semi-apt analogy.
> >
> >
> > Rates already had gone up prior to all of this
> and
> > the current fiasco hasn't really affected them
> > much.
>
> You are a fuckin moron who confuses mortgage rates
> with TBills
>
> Hey dumb fuck, they had a 400% move last week when
> the debt ceiling came into play in debates, that
> single day move was the largest since the savings
> and loan crisis in the 80s
>
> Fuckin nit douche
>
> PS that jump cost tax payers an extra 3 billion
> dollars because of the 30 day tbill rates we had
> to shell out.
>
> Way to go, "deficit hawks"
Uhm, no. I understand the difference very well. As I also understand (now) that you're cherry-picking one specific rate for one specific short-term instrument versus the sweeping declaration that you made earlier and calling it "400%" to make it seem larger than the actual nominal rate. That's squat compared to the full point plus increase in 2-,10-year or any other rates starting back in April. The 30-day will be back down within days. The others won't and will cost us far more. Way to go spending hawks.
-------------------------------------------------------
> except that Wrote:
> --------------------------------------------------
> -----
> > borrowing rates will go up Wrote:
> >
> --------------------------------------------------
>
> > -----
> > > Tbill rates will and have already gone up. Do
> I
> > > consider that the end of the world? No, but
> for
> > a
> > > party that wants to reduce the deficit it
> sure
> > is
> > > strange they are pushing this go to the edge
> > > mentality.
> > >
> > > It would be as if you were about to buy a
> house
> > > went to the mortgage officer who was gonna
> > offer
> > > you 3.85, and then you said OH YEA!? Stop
> > making
> > > bill payments, credit cards, saw a sudden
> drop
> > in
> > > your credit rating and then went.
> > >
> > > NOW WHATS MY LOAN PERCENTAGE BITCH!?
> > >
> > > Thats the idiotic and erratic behavior of the
> > > teaparty in one semi-apt analogy.
> >
> >
> > Rates already had gone up prior to all of this
> and
> > the current fiasco hasn't really affected them
> > much.
>
> You are a fuckin moron who confuses mortgage rates
> with TBills
>
> Hey dumb fuck, they had a 400% move last week when
> the debt ceiling came into play in debates, that
> single day move was the largest since the savings
> and loan crisis in the 80s
>
> Fuckin nit douche
>
> PS that jump cost tax payers an extra 3 billion
> dollars because of the 30 day tbill rates we had
> to shell out.
>
> Way to go, "deficit hawks"
Uhm, no. I understand the difference very well. As I also understand (now) that you're cherry-picking one specific rate for one specific short-term instrument versus the sweeping declaration that you made earlier and calling it "400%" to make it seem larger than the actual nominal rate. That's squat compared to the full point plus increase in 2-,10-year or any other rates starting back in April. The 30-day will be back down within days. The others won't and will cost us far more. Way to go spending hawks.
Re: Government DeFault is hype
Posted by:
Reince Priebus
()
Date: October 16, 2013 06:39PM
Fellas,
Forget what renowned economists and Wall Street CEO's think. I have a letter from Bill "Bubba" Smith back in Wisconsin saying this isn't a big deal. Another instance of the liberal media making SH!T up!!
Peace,
RP
Forget what renowned economists and Wall Street CEO's think. I have a letter from Bill "Bubba" Smith back in Wisconsin saying this isn't a big deal. Another instance of the liberal media making SH!T up!!
Peace,
RP
Re: Government DeFault is hype
Posted by:
AreUSerious
()
Date: October 16, 2013 08:51PM
Ignorance is bliss. Markets have already reacted and it is already costly more for the USA to pay off its wars in Afghanistan and Iraq. Hopefully you don't vote.
Re: Government DeFault is hype
Posted by:
sarcastic jack
()
Date: October 16, 2013 11:13PM
WOW. crisis averted! I almost yellowed my shorts.