FreakinDJ
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Sun Jul-17-11 10:42 PM
Response to Reply #10 |
| 16. Agreed - it is "Brinkmenship" |
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but more then that it is "Who is going to control the message into the 2012 Elections"
on that front I believe Obama has a slight chance of winning
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| -Who loses the most if the debt ceiling is not raised? RICH REPUBLICANS |
Cronus Protagonist |
Jul-17-11 10:13 PM |
#0 |
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That's a terrible idea. |
LetTimmySmoke |
Jul-17-11 10:17 PM |
#1 |
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Strange assertions there |
Cronus Protagonist |
Jul-17-11 10:27 PM |
#6 |
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But they already do |
emsimon33 |
Jul-18-11 03:00 AM |
#57 |
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The country... the WHOLE COUNTRY |
nadinbrzezinski |
Jul-17-11 10:18 PM |
#2 |
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I can tell you it means FUCK ALL to me |
Cronus Protagonist |
Jul-17-11 10:28 PM |
#7 |
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Having lived through one I can tell you that you are dead wrong |
nadinbrzezinski |
Jul-17-11 10:39 PM |
#13 |
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The debt ceiling will be raised |
Cronus Protagonist |
Jul-17-11 11:03 PM |
#22 |
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It was invented in 1912... |
nadinbrzezinski |
Jul-17-11 11:10 PM |
#29 |
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nihilism? |
Cronus Protagonist |
Jul-17-11 11:57 PM |
#36 |
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Yes on BOTH SIDES |
nadinbrzezinski |
Jul-18-11 12:29 AM |
#45 |
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Well, I disagree on your interpretation of nihilism |
Cronus Protagonist |
Jul-18-11 02:03 PM |
#69 |
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Are you arguing against yourself? |
A Simple Game |
Jul-18-11 07:22 PM |
#82 |
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Gosh, are you really having that much difficulty understanding this? |
Cronus Protagonist |
Jul-20-11 01:29 PM |
#86 |
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I don't know where this rich will suffer meme got started, do you have a source? |
A Simple Game |
Jul-18-11 06:10 PM |
#81 |
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I'd rather see a total default than a partial default on Social Security. |
JDPriestly |
Jul-18-11 12:27 AM |
#43 |
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The GOP is fracturing... |
nadinbrzezinski |
Jul-18-11 12:36 AM |
#49 |
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I'm in California. |
JDPriestly |
Jul-18-11 01:55 AM |
#52 |
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There are way too many parallels to 1859 |
nadinbrzezinski |
Jul-18-11 02:00 AM |
#53 |
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True. |
JDPriestly |
Jul-18-11 02:33 AM |
#55 |
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Yep, and of course we have those who think |
nadinbrzezinski |
Jul-18-11 02:53 AM |
#56 |
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If social programs are cut more than they have been, we will |
JDPriestly |
Jul-18-11 01:00 PM |
#60 |
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Multiply what you saw by orders of magnitude |
nadinbrzezinski |
Jul-18-11 01:34 PM |
#68 |
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Unfortunately, I fear that you are right. |
JDPriestly |
Jul-18-11 08:32 PM |
#85 |
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They will not default. |
Cronus Protagonist |
Jul-18-11 02:04 PM |
#70 |
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Freedom is just another word for _______ ____ __ ____. |
napoleon_in_rags |
Jul-17-11 10:22 PM |
#3 |
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Wrong. Interest rates will jump up, which will impact anyone |
pnwmom |
Jul-17-11 10:23 PM |
#4 |
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WRONG. It will not impact me. |
Cronus Protagonist |
Jul-17-11 10:34 PM |
#8 |
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You think food is expensive right now? |
nadinbrzezinski |
Jul-17-11 10:40 PM |
#15 |
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Irellevant. |
Cronus Protagonist |
Jul-17-11 11:00 PM |
#19 |
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Oh, so you don't eat food? Or pay for electricity? Or gasoline? |
pnwmom |
Jul-17-11 11:04 PM |
#23 |
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Again, you are being taken in by shrewd manipulation |
Cronus Protagonist |
Jul-17-11 11:05 PM |
#25 |
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Maybe you should read your OP. You claim that the wealthy |
pnwmom |
Jul-17-11 11:07 PM |
#27 |
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They would lose more dollars than the rest of us combined |
Cronus Protagonist |
Jul-17-11 11:59 PM |
#37 |
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They will lose dollars they don't need to survive. And many of them |
pnwmom |
Jul-18-11 01:34 AM |
#50 |
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Exactly, the only thing that may hurt the wealthy is if the dollar loses most of it's value. |
A Simple Game |
Jul-18-11 07:37 PM |
#83 |
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The people who own the debt are wealthy. |
JDPriestly |
Jul-18-11 12:34 AM |
#48 |
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"They buy bonds to avoid paying taxes on their profits" |
former9thward |
Jul-18-11 02:16 PM |
#76 |
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They don't have to pay federal taxes on their state bond earnings I believe. |
JDPriestly |
Jul-18-11 05:31 PM |
#80 |
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How many defaults have you lived through? |
nadinbrzezinski |
Jul-17-11 11:13 PM |
#30 |
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It won't happen. |
Cronus Protagonist |
Jul-18-11 12:00 AM |
#38 |
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Tell that to Carter |
nadinbrzezinski |
Jul-18-11 12:28 AM |
#44 |
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double post |
Cronus Protagonist |
Jul-17-11 11:00 PM |
#20 |
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True. Farmers will be delighted. |
JDPriestly |
Jul-18-11 12:30 AM |
#47 |
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No, you're not thinking this out. People with plenty of money |
pnwmom |
Jul-17-11 11:02 PM |
#21 |
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They will not let it default, ergo your complaint is moot |
Cronus Protagonist |
Jul-17-11 11:04 PM |
#24 |
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Your whole premise is wrong. "Who loses the most" isn't |
pnwmom |
Jul-17-11 11:05 PM |
#26 |
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While I agree that the debt ceiling WILL get raised (to protect the wealthy), you would be impacted |
metalbot |
Jul-18-11 01:09 PM |
#63 |
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If you agree it will get raised, and it will, the gloom and doom scenario is moot |
Cronus Protagonist |
Jul-18-11 02:05 PM |
#71 |
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Your post here proves without question that you have no clue... |
JuniperLea |
Jul-18-11 02:30 PM |
#78 |
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That is true unless they are bondholders. |
JDPriestly |
Jul-18-11 12:30 AM |
#46 |
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How many countries hold US Dollars in their reserves |
FreakinDJ |
Jul-17-11 10:26 PM |
#5 |
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It doesn't matter, the Republcians will RAISE THE LIMIT! |
Cronus Protagonist |
Jul-17-11 10:36 PM |
#10 |
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Agreed - it is "Brinkmenship" |
FreakinDJ |
Jul-17-11 10:42 PM |
#16 |
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Big business will ring their collective necks thin if they allow a default. n/t |
deacon |
Jul-17-11 10:36 PM |
#9 |
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And they ARE big business, ergo they WILL NOT LET IT DEFAULT! |
Cronus Protagonist |
Jul-17-11 10:38 PM |
#12 |
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Their bluff is ridiculously transparent. |
pa28 |
Jul-17-11 10:36 PM |
#11 |
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Our own side are also the RICH and own lots of stock and such like |
Cronus Protagonist |
Jul-17-11 10:40 PM |
#14 |
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You are very right on this issue. |
pa28 |
Jul-18-11 12:03 AM |
#41 |
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They are smart enough to be rich, smart enough to have power, but |
A Simple Game |
Jul-18-11 07:47 PM |
#84 |
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And Obama called the bluff with one of his own |
DearAbby |
Jul-18-11 01:11 PM |
#64 |
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SOME Rich Repigs Will Make a Killing on their Ultrashort ETFs |
AndyTiedye |
Jul-17-11 10:53 PM |
#17 |
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Either they will make a killing, or they will at least be buffered |
pnwmom |
Jul-17-11 11:09 PM |
#28 |
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I Know. The Repigs are Practicing the Snidely Whipsnade School of Politics |
AndyTiedye |
Jul-17-11 11:14 PM |
#31 |
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if this happens, the destruction will PALE in comparison to the Bush recession.. |
Incitatus |
Jul-17-11 11:17 PM |
#33 |
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Personally, I'm learning to speak Spanish. |
Speck Tater |
Jul-17-11 10:56 PM |
#18 |
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Have we ever not raised it? Lets try defaulting for a change... |
Historic NY |
Jul-17-11 11:16 PM |
#32 |
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The stock market certainly doesn't believe there's any real chance of default. |
kenny blankenship |
Jul-17-11 11:33 PM |
#34 |
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They know that, I do, and now the rest of DU does |
Cronus Protagonist |
Jul-18-11 12:01 AM |
#39 |
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Exactly. How many times have we been told that the markets will recoil if they just |
Marr |
Jul-18-11 01:11 PM |
#65 |
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I am so glad that you see that too |
Cronus Protagonist |
Jul-18-11 02:06 PM |
#72 |
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You're WRONG! Wealthy people will be able to weather the storm and/or |
napi21 |
Jul-17-11 11:57 PM |
#35 |
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+1. The percentage will be much higher for those that already can't afford things. |
Dawgs |
Jul-18-11 07:44 AM |
#58 |
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media whores will blame it on democrats. |
pansypoo53219 |
Jul-18-11 12:01 AM |
#40 |
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The real rich are who the Washington GOP serves. |
MilesColtrane |
Jul-18-11 12:10 AM |
#42 |
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"ergo", I like that. Short, sweet, and to the point. |
Major Hogwash |
Jul-18-11 01:41 AM |
#51 |
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Thats the way it should have been since the beginning |
MouseFitzgerald |
Jul-18-11 02:01 AM |
#54 |
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Sanity doesn't sell detergent and Dove, which is why all you hear about is armageddon |
Cronus Protagonist |
Jul-18-11 02:11 PM |
#75 |
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Like your idea of letting them vote on it, but you couldn't be more wrong about who loses the most. |
Dawgs |
Jul-18-11 07:45 AM |
#59 |
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I saw that almost from Day One. |
closeupready |
Jul-18-11 01:02 PM |
#61 |
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hoooooo boy, look at what you started |
fascisthunter |
Jul-18-11 01:07 PM |
#62 |
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The rich have the assets to ride out any collapse. |
JoePhilly |
Jul-18-11 01:12 PM |
#66 |
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There will not be any collapse at all |
Cronus Protagonist |
Jul-18-11 02:07 PM |
#73 |
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Which should also be said of your OP then I guess ... its moot. |
JoePhilly |
Jul-18-11 02:24 PM |
#77 |
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Very common mistake |
Spike89 |
Jul-18-11 01:26 PM |
#67 |
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Yes, but because the people in power will lose a LOT, they will NOT let it default |
Cronus Protagonist |
Jul-18-11 02:09 PM |
#74 |
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That's incorrect. |
JoePhilly |
Jul-18-11 02:30 PM |
#79 |
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