Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Bush should just borrow a few hundred $Billion dollars more from China...

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (Through 2005) Donate to DU
 
NNN0LHI Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-29-05 11:17 AM
Original message
Poll question: Bush should just borrow a few hundred $Billion dollars more from China...
...and give everyone a debit card. I mean really what the heck. At this stage of the game what difference is a few more $Billion added to the federal deficit? We are bankrupt anyway might as go out with a bang.
Printer Friendly | Permalink |  | Top
liberal N proud Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-29-05 11:22 AM
Response to Original message
1. Oh sure, Our kids can pay for it.
With the jobs they will have at below the current minimum wage, it will only take a few centuries to pay back.
:sarcasm:
Printer Friendly | Permalink |  | Top
 
bahrbearian Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-29-05 11:36 AM
Response to Original message
2. I say go for it ,, I have no kids and I'll have no social security
Printer Friendly | Permalink |  | Top
 
Solon Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-29-05 11:37 AM
Response to Original message
3. Serious Question...
Let's say China decides to call us out on our debt to them, and being unable to pay, we default, what the hell is the collateral?
Printer Friendly | Permalink |  | Top
 
HillDem Donating Member (561 posts) Send PM | Profile | Ignore Thu Sep-29-05 02:40 PM
Response to Reply #3
6. There is no collateral
The only way we could pay would be to turn the printing presses on 24/7. That would probably create hyperinflation, but the dollar would plummet and there would be chaos in China.
Printer Friendly | Permalink |  | Top
 
SledDriver Donating Member (699 posts) Send PM | Profile | Ignore Thu Sep-29-05 11:38 AM
Response to Original message
4. I say go for it
Edited on Thu Sep-29-05 11:41 AM by SledDriver
If the boat is filling with water and sinking fast, and a lone DUer is bailing with a Dixie cup, and the group of FR guys next to him all take a pee...

The interest payments alone will consume the entire federal budget long before then anyway.
Printer Friendly | Permalink |  | Top
 
patricia92243 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-29-05 11:38 AM
Response to Original message
5. DishNet Satellite has a Chinese station, my fortune cookies have a "learn
to speak CHinese" with a Chinese word and how to say it in English and how to write it in chinese figures. A little here, a little there.
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Fri Apr 19th 2024, 02:06 AM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion (Through 2005) Donate to DU

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