He's in the top 10 idiots.
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Is It Time To DEFAULT On the DEBT And Start Over?
- Thread starter Tom Horn
- Start date
He's in the top 10 idiots.
IcebergSlim
Diamond Member
- Oct 11, 2013
- 10,886
- 9,142
- 2,255
- Banned
- #62
Just so you know, Toddster.......this is the bio of a NotIdiot....
He graduated from Bronx High School of Science in 1975. Grayson worked his way through Harvard College as a janitor and nightwatchman, and graduated with a Bachelor of Arts summa cum laude degree in economics in 1978.[6][7] After working two years as an economist, he returned to Harvard for graduate studies.[8] In 1983, he earned a Juris Doctor magna cum laude from Harvard Law School and a Masters of Public Policy from the John F. Kennedy School of Government. Additionally, he completed some of the requirements for a PhD in government—the course work and passing the general exams.[6][9] While in college Grayson was a member of the Phi Beta Kappa Society.
Grayson wrote his masters thesis on gerontology and in 1986, he helped found the non-profit Alliance for Aging Research in Washington, D.C., and served as an officer of the organization for more than twenty years.[10]
He graduated from Bronx High School of Science in 1975. Grayson worked his way through Harvard College as a janitor and nightwatchman, and graduated with a Bachelor of Arts summa cum laude degree in economics in 1978.[6][7] After working two years as an economist, he returned to Harvard for graduate studies.[8] In 1983, he earned a Juris Doctor magna cum laude from Harvard Law School and a Masters of Public Policy from the John F. Kennedy School of Government. Additionally, he completed some of the requirements for a PhD in government—the course work and passing the general exams.[6][9] While in college Grayson was a member of the Phi Beta Kappa Society.
Grayson wrote his masters thesis on gerontology and in 1986, he helped found the non-profit Alliance for Aging Research in Washington, D.C., and served as an officer of the organization for more than twenty years.[10]
IcebergSlim
Diamond Member
- Oct 11, 2013
- 10,886
- 9,142
- 2,255
- Banned
- #63
He'd default on the debt.......but then he'd sell you NEW debt to replace the old debt, see?
The Supply Side Fairy makes anything possible....
The Supply Side Fairy makes anything possible....
That's not Supply Side, that's something Bernie Sanders would do......
It's what two Supply Side Hucksters have already done......
Which supply siders defaulted on the debt?
They didn't default.....they just left it to the Supply Side Fairy to pick up the tab.......which she failed to do...
He'd default on the debt.......but then he'd sell you NEW debt to replace the old debt, see?
The Supply Side Fairy makes anything possible.
So this ^ was wrong.
It's what two Supply Side Hucksters have already done......
And this ^ too. Thanks.
It was in response to THIS:
That's not Supply Side, that's something Bernie Sanders would do......
Bad Toddster probably failed to tell you that he posted that under your handle...
IcebergSlim
Diamond Member
- Oct 11, 2013
- 10,886
- 9,142
- 2,255
- Banned
- #64
We have to pay China back. But the bankers can keep their loot, continue to run their banks and stay out of jail.I knew you'd be in defense of the bankers
We can take over, stop paying interest and pay off the debt. Giving the federal reserve to private bankers was clearly a mistake.
Does your credit card company mind if you max out your credit card and only make the minimum payment each month? You're soooo stupid
I knew you'd be in defense of the bankers
How many T-Bills are the evil bankers holding?
We can take over, stop paying interest and pay off the debt.
You were cheering the moronic OP that said default. Why the change of heart?
Elizabeth Warren for vp
But the bankers can keep their loot,
Why wouldn't they?
continue to run their banks
Who should run them?
and stay out of jail.
If they broke the law, like the Dems who ran Freddie and Fannie, they should go to jail.
Elizabeth Warren for vp
Along with Alan Grayson, she's one of the most clueless in Congress.
Not a surprise you like her.
Along with Alan Grayson, she's one of the most clueless in Congress.
There is a VERY long list of idiots in Congress who outrank the self made multimillionaire Bronx Science and Harvard grad.......
He's in the top 10 idiots.
Grayson is EASILY one of the brightest guys in that dismal body....
The Supply Side Fairy makes anything possible....
That's not Supply Side, that's something Bernie Sanders would do......
It's what two Supply Side Hucksters have already done......
Which supply siders defaulted on the debt?
They didn't default.....they just left it to the Supply Side Fairy to pick up the tab.......which she failed to do...
He'd default on the debt.......but then he'd sell you NEW debt to replace the old debt, see?
The Supply Side Fairy makes anything possible.
So this ^ was wrong.
It's what two Supply Side Hucksters have already done......
And this ^ too. Thanks.
It was in response to THIS:
That's not Supply Side, that's something Bernie Sanders would do......
Bad Toddster probably failed to tell you that he posted that under your handle...
Since the moronic OP was about defaulting on the debt........
We have to pay China back. But the bankers can keep their loot, continue to run their banks and stay out of jail.I knew you'd be in defense of the bankers
How many T-Bills are the evil bankers holding?
We can take over, stop paying interest and pay off the debt.
You were cheering the moronic OP that said default. Why the change of heart?
Elizabeth Warren for vp
But the bankers can keep their loot,
Why wouldn't they?
continue to run their banks
Who should run them?
and stay out of jail.
If they broke the law, like the Dems who ran Freddie and Fannie, they should go to jail.
Elizabeth Warren for vp
Along with Alan Grayson, she's one of the most clueless in Congress.
Not a surprise you like her.
Along with Alan Grayson, she's one of the most clueless in Congress.
There is a VERY long list of idiots in Congress who outrank the self made multimillionaire Bronx Science and Harvard grad.......
He's in the top 10 idiots.
Grayson is EASILY one of the brightest guys in that dismal body....
You ever watch him questioning Bernanke? LOL!
- Thread starter
- Banned
- #67
Every baby born today is already $59K in debt you weenies. You deny my plan to bankrupt ourselves before it's done to us by our creditors and snicker instead of providing alternatives....read all about it:
U.S. National Debt Clock : Real Time
U.S. National Debt Clock : Real Time
Agit8r
Gold Member
- Dec 4, 2010
- 12,141
- 2,209
- 245
Imagine the interest we'd be paying at junk bond status.He'd default on the debt.......but then he'd sell you NEW debt to replace the old debt, see?
.
Remember these idiots refuse to give bush the trophy as worst president ever.We have to pay China back. But the bankers can keep their loot, continue to run their banks and stay out of jail.I knew you'd be in defense of the bankersYeah. And all those people on pensions. And all those savers. Durr.
We can take over, stop paying interest and pay off the debt. Giving the federal reserve to private bankers was clearly a mistake.
Does your credit card company mind if you max out your credit card and only make the minimum payment each month? You're soooo stupid
I knew you'd be in defense of the bankers
How many T-Bills are the evil bankers holding?
We can take over, stop paying interest and pay off the debt.
You were cheering the moronic OP that said default. Why the change of heart?
Elizabeth Warren for vp
But the bankers can keep their loot,
Why wouldn't they?
continue to run their banks
Who should run them?
and stay out of jail.
If they broke the law, like the Dems who ran Freddie and Fannie, they should go to jail.
Elizabeth Warren for vp
Along with Alan Grayson, she's one of the most clueless in Congress.
Not a surprise you like her.
Along with Alan Grayson, she's one of the most clueless in Congress.
There is a VERY long list of idiots in Congress who outrank the self made multimillionaire Bronx Science and Harvard grad.......
They loved Carter holding the trophy and can't admit their boy is now the worst ever.
In fact they laughably try to suggest Obama is worse than bush.
So no surprise they would try to disparidge Mrs Warren.
waltky
Wise ol' monkey
Might be the only way...
... to recoup the money spent...
... protecting the interests of...
... mideast oil potentates.
... to recoup the money spent...
... protecting the interests of...
... mideast oil potentates.
Carla_Danger
Platinum Member
It's impossible for the US to "default" unless morons like the OP hold office.
Ah, so I'm a "moron" for starting a discussion you're not equipped to take part in?
You're a moron for starting this thread.
HenryBHough
Diamond Member
We've hit the point where America needs to borrow to buy paper and ink on which to print new ObamaBucks to pay off the interest on the loans that paid for His family vacations.
- Thread starter
- Banned
- #75
You're a moron for starting this thread.
You have no idea what we're talking about here, ya smelly drunk.
EdwardBaiamonte
Platinum Member
- Nov 23, 2011
- 34,612
- 2,153
- 1,100
You're a moron for starting this thread.
You have no idea what we're talking about here, ya smelly drunk.
even if we did default and somehow manage to avoid worldwide depression for a decade or so we'd still have liberals who would use it as an excuse to just start it all over again Lets never forget that Republicans tried to make debt illegal 30 times and each effort was killed by Democrats..
It depends what you mean by "default and start over."
If the US delayed an interest payment - which is a default - stocks would fall 20% and we might have a recession. But we might not.
If the US repudiated its debt, stocks would fall 80% or more and the world would be plunged into the worst economic crisis since the Great Depression.
Those are the two extremes.
Neither are good.
If the US delayed an interest payment - which is a default - stocks would fall 20% and we might have a recession. But we might not.
If the US repudiated its debt, stocks would fall 80% or more and the world would be plunged into the worst economic crisis since the Great Depression.
Those are the two extremes.
Neither are good.
EdwardBaiamonte
Platinum Member
- Nov 23, 2011
- 34,612
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if default was on the horizon the UST would be worthless.China has been divesting itself of USTs in the last year knowing a default is on the horizon.
China sold a record $510 billion of FX reserves last year to counter the damaging impact on an already decelerating economy from the surge of capital fleeing the country...not because of pending UST default .
- Thread starter
- Banned
- #79
if default was on the horizon the UST would be worthless.
China sold a record $510 billion of FX reserves last year to counter the damaging impact on an already decelerating economy from the surge of capital fleeing the country...not because of pending UST default .
Treasuries already are worthless as an investment....it's a place you park money for safety. As long as we have our Military and hundreds of ICBMs it will be. But the Military is already in sequester and the weakest it's been since the end of WW2. We can rid ourselves and our kids of this debt and not skip a beat other than putting up with a lot of bitching from people who already hate us.
EdwardBaiamonte
Platinum Member
- Nov 23, 2011
- 34,612
- 2,153
- 1,100
We can rid ourselves and our kids of this debt and not skip a beat.
you mean other than a huge and protracted Depression!!
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