|
Printer-friendly format Email this thread to a friend Bookmark this thread |
This topic is archived. |
Home » Discuss » General Discussion |
Maraya1969 (1000+ posts) Send PM | Profile | Ignore | Thu Jul-28-11 08:52 AM Original message |
A status I just saw on what raising the debt limit means |
Printer Friendly | Permalink | | Top |
ejpoeta (1000+ posts) Send PM | Profile | Ignore | Thu Jul-28-11 09:02 AM Response to Original message |
1. raising the debt ceiling is to pay bills we already OWE MONEY FOR!!!! |
Printer Friendly | Permalink | | Top |
dkf (1000+ posts) Send PM | Profile | Ignore | Thu Jul-28-11 09:08 AM Response to Original message |
2. Someday the bank isn't going to lend you money or if it does it will charge sub prime rates. |
Printer Friendly | Permalink | | Top |
Maraya1969 (1000+ posts) Send PM | Profile | Ignore | Thu Jul-28-11 09:40 AM Response to Reply #2 |
5. So the answer is not to default of your mortgage right now!!! |
Printer Friendly | Permalink | | Top |
dkf (1000+ posts) Send PM | Profile | Ignore | Thu Jul-28-11 09:59 AM Response to Reply #5 |
6. Obviously we need to raise it now but we also need to figure out how to make it work. |
Printer Friendly | Permalink | | Top |
OHdem10 (1000+ posts) Send PM | Profile | Ignore | Thu Jul-28-11 09:16 AM Response to Original message |
3. We borrowed from China, Japan , Saudi Arabia and Mexico to |
Printer Friendly | Permalink | | Top |
jtuck004 (1000+ posts) Send PM | Profile | Ignore | Thu Jul-28-11 09:39 AM Response to Original message |
4. Uh, taking out a loan to pay another loan is perhaps the stupidest thing imaginable. |
Printer Friendly | Permalink | | Top |
fivepennies (419 posts) Send PM | Profile | Ignore | Thu Jul-28-11 10:21 AM Response to Reply #4 |
7. The stupidist thing imaginable |
Printer Friendly | Permalink | | Top |
Maraya1969 (1000+ posts) Send PM | Profile | Ignore | Thu Jul-28-11 11:58 AM Response to Reply #4 |
10. I specified that there was plenty of money to pay the loan off. |
Printer Friendly | Permalink | | Top |
jtuck004 (1000+ posts) Send PM | Profile | Ignore | Thu Jul-28-11 01:15 PM Response to Reply #10 |
13. Take a look at the numbers - over half of the loans restructured to |
Printer Friendly | Permalink | | Top |
Yo_Mama (1000+ posts) Send PM | Profile | Ignore | Thu Jul-28-11 10:27 AM Response to Original message |
8. You don't |
Printer Friendly | Permalink | | Top |
JDPriestly (1000+ posts) Send PM | Profile | Ignore | Thu Jul-28-11 10:47 AM Response to Original message |
9. We used to make a tiny profit by borrowing money at 0% from one |
Printer Friendly | Permalink | | Top |
Maraya1969 (1000+ posts) Send PM | Profile | Ignore | Thu Jul-28-11 12:01 PM Response to Reply #9 |
11. I don't think the status was meant for accountants. It was meant for the people |
Printer Friendly | Permalink | | Top |
Maraya1969 (1000+ posts) Send PM | Profile | Ignore | Thu Jul-28-11 12:01 PM Response to Reply #9 |
12. I don't think the status was meant for accountants. It was meant for the people |
Printer Friendly | Permalink | | Top |
DU AdBot (1000+ posts) | Mon Jun 03rd 2024, 04:31 PM Response to Original message |
Advertisements [?] |
Top |
Home » Discuss » General Discussion |
Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators
Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.
Home | Discussion Forums | Journals | Store | Donate
About DU | Contact Us | Privacy Policy
Got a message for Democratic Underground? Click here to send us a message.
© 2001 - 2011 Democratic Underground, LLC