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The Whiskey Priest Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-06-05 08:03 PM
Original message
Bush Says Government Cannot Pay Debts…
Edited on Wed Apr-06-05 08:07 PM by The Whiskey Priest
Yesterday, Bush, in effect, stated that any Government Legal Tender was not worth the paper it was written on. Time to sell folks, you got Series E Bonds, sell em, you got dollars in the bank, trade em for Euros. If the government is tanking then so will the stock market, so bail out now, the plane is going down.

He might be laughing like a moron…but, he may just be right. Lord knows the right has been trying for years to do the government in, maybe the have at last murdered the old gal.

I’m not sure what we do, just know that standing still will not even get us a “reach-around.”

Any ideas?
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Deja Q Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-06-05 08:05 PM
Response to Original message
1. Hypocrites. Confidence must be plummeting... or maybe it hasn't because
Edited on Wed Apr-06-05 08:06 PM by HypnoToad
we all know the USA will not default on its loans. That would be the ultimate mistake.

Besides, if this bankruptcy reform won't apply to neocon spending, why should the changes apply to everybody else (apart from the 'wealthy' who'll find ways to keep their possessions anyway)?
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greatauntoftriplets Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-06-05 08:12 PM
Response to Original message
2. maybe he could get a payday loan????
:shrug:
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proud patriot Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-06-05 08:16 PM
Response to Original message
3. Luckily no one believes him
:grr:
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whistle Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-06-05 08:30 PM
Response to Original message
4. Alan Greenspan has been saying that all along...
<snip>

Greenspan supports gold standard
and other reports

'66 Greenspan article supports gold standard By Jon Dougherty


A 1966 newsletter article written by Alan Greenspan supporting a gold-based U.S. economy is reflective of the Federal Reserve chairman's beliefs even today, WorldNetDaily has learned, even though his Fed policies are diametrically opposed to those that would support a gold standard economy.

The article, entitled, "Gold and Economic Freedom," was written for the July 1966 issue of The Objectivist newsletter, a publication that also featured authors Ayn Rand and Nathaniel Branden.

In it, Greenspan discusses "the specific role of gold in a free society," as well as the importance of a tangible monetary "standard."

"If men did not have some commodity of objective value which was generally acceptable as money, they would have to resort to primitive barter or be forced to live on self-sufficient farms and forego the inestimable advantages of specialization," he wrote.

<link> http://www.2012.com.au/NESARA_Greenspan+.html

Original article at:

http://www.worldnetdaily.com/news/article.asp?ARTICLE_ID=22597
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greatauntoftriplets Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-06-05 09:56 PM
Response to Original message
5. A home equity loan???
The White House is worth a piece of change.
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