grunt11b
VIP Member
We are not Greece.
You're right, but we will be going through the same thing they are at the pace we are going right now, very soon.
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We are not Greece.
Are you so fucking colossally stupid you don't realize that the "industries" that caused the 'massive problems' was Fannie Mae and Freddie Mac? Which are both Federally managed organizations?
heh heh if only that were true, you wouldn't look so silly.
Anyway, back on topic, why would bankruptcy be good for the U.S.?
Refusing to pay obligations to the Federal Reserve?
Who should refuse paying obligations to the Federal Reserve?
Sometimes Dr. Paul should think a bit more before speaking. He's a smart enough guy.
Refusing to pay obligations to the Federal Reserve?
Who should refuse paying obligations to the Federal Reserve?
Sometimes Dr. Paul should think a bit more before speaking. He's a smart enough guy.
When people get so far in debt that they can no longer pay it what do they do? They file bankruptcy.
Since when do we owe anything to the Federal reserve anyways? All they loan us is a fiat currency that has something printed on it, that's right, a piece of paper, nothing more. Is it gold? Nope, is it worth anything?...nope, just a piece of paper.
This is why paul believes what he does, and I agree 100% with him.
Central Bank
This is like the person who hasn't fixed their home in thirty years and when finding it in shambles gives up. Is Paul so stupid he didn't notice the changes these past thirty years or so? Regulatory destruction, middle class worker destruction, unnecessary wars, less taxes for the greedy rich, global conglomerates, outsourcing of work, and corporate politics. So the bad policy solution is to make America a banana republic, republicans like Paul are a total joke.
This is like the person who hasn't fixed their home in thirty years and when finding it in shambles gives up. Is Paul so stupid he didn't notice the changes these past thirty years or so? Regulatory destruction, middle class worker destruction, unnecessary wars, less taxes for the greedy rich, global conglomerates, outsourcing of work, and corporate politics. So the bad policy solution is to make America a banana republic, republicans like Paul are a total joke.
We saw what happened when the Soviet union went bankrupt.
And what kind of society do they have now?
A kleptocracy.
Wait a minute...come to think of it, that's the kind of government we seem to have now, anyway.
I wonder how many Americans would die as a direct or indirect result of the total collapse of our economy that would be the outcome of declaring bankruptsy?
The transition period from being the world's economic powerhouse to the world's largest bankrupt empire would be rather messy, I suspect.
We are not Greece.
But Obama and his merry band of Marxists sure want us to be.
Refusing to pay obligations to the Federal Reserve?
Who should refuse paying obligations to the Federal Reserve?
Sometimes Dr. Paul should think a bit more before speaking. He's a smart enough guy.
When people get so far in debt that they can no longer pay it what do they do? They file bankruptcy.
Since when do we owe anything to the Federal reserve anyways? All they loan us is a fiat currency that has something printed on it, that's right, a piece of paper, nothing more. Is it gold? Nope, is it worth anything?...nope, just a piece of paper.
This is why paul believes what he does, and I agree 100% with him.
Central Bank