Like …It’s All About Me? Sovereignty . Given that last week (when everything was all things Europe) why should Ben Bernanke …be about Ben Bernanke …as the media would […]
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Fed’s New AAA = BOA’s Balance Sheet Tool!
Originally Posted: Tuesday, August 09, 2011 Edited and Revised: Thursday, August 11, 2011 The Fed’s New AAA BOA’s Balance Sheet Tool? AAA Incentive Tool Come […]
What Holds Value to Have & to Hold …to Dress & Keep
Tuesday, August 09, 2011 May Day! May Day! Cracking Up On The Good Ship Lollipop? Emergency Hard Landing …One Without Props …or, at Least …Domestic Ones. […]
Debt Ceiling – My Crow-Eating Apology
My Mistatement Re: Debt Ceiling – My Crow-Eating Apology I am ashamed to have to write a retraction. And I must apologize. Admittedly, I posted erroneous figures […]
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Kudos For A First Step To Move Us All Forward
To Rand Paul:
Kudos for speaking your mind today Rand Paul!!!
You are so right in one respect. This vote to raise the debt ceiling is not going to stop the annual deficits’ from contributing huge sums to the debt. Your are right this bill will not stop the fact nor the affect that each yearly deficit will continue to grow the public debt.
In this, this still will not much alleviate the huge sums which still need to be borrowed in order to sustain the spending habits necessary to support the governmnet in a lean revenue environment …one in which tax receipts are still a very scarce and harsh reality.
The paradox of reality’s pain has not yet well embraced.
Otherwise, it would have been more than well met and dealth with the necessary degree of resolve demanded in principal and scope by means which would have otherwise …resolved …long ago …to reconcile our debt in and with a rather greater certain measure of calm fiscal sanity.
And you are right that it will merely slow it down a bit …still allowing the debt to grow by 7 trillion dollars …rather than 11 trillion over the next ten years.
I understand why you declared tonight that you will not vote for the Bill when the House Bill is presented to the Senate.
On principal, it is no wonder why …over 60 Republican Nay VOTES were recorded in tonight’s House Vote.
Money Market & Retirement Accounts’ Backstops vs. Downgrade
What would a downgrade to U.S. Public debt mean to Treasury-backed Money Markets and reitirement accounts whose security profile requirements stipulate that they must be backed by no less that AAA grade securities?
Answer that …would you?
Inside The Senate’s Old & New Debt Limit Proposals
Inside The Senate’s Old & New Debt Limit Proposals
Someone’s Milking Your Cows
Who in their right mind would openly welcome …let alone, invite a jab in the eye with a sharp stick?
For a look-see of a chart of the deficit, follow this link:
http://www.msnbc.msn.com/id/42902760/ns/politics-more_politics/t/can-automatic-spending-cuts-solve-deficit-dilemma/#slice-3
If this is Indicative of business as usual; how dangerous would it be to place a bet on the come?
I would suggest yes on both accounts …an example of assumption on a grand scale …the likes which equate to …the value of real estate will never fall …but, continue to rise forever.
Or, how about trying this assumption on for grins and giggles: America can afford business as usual …for as long as it takes for value to return …when property values stop falling …like a knife?
These assumptions bet on the come.
Boehner Not Wondering Nor Wandering
Boehner Not Wondering About Nor Wandering From …What? We the People? Speaker Boehner’s Walk Is Indeed A Homerun Hit! President Obama’s private interpretation of it all […]
No Depends …Running Bare Bottom …Exposed …Out in the Open
No Depends … Running Bare Bottom … […]
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Moody’s Plausible Probable Likelihood
Moody’s A Plausible Probable Likelihood
Are you kidding?
“…in the wake of the worst political rancor since the civil war …â€
Jim Crammer Friday, July 15, 2011
In Washington …the nature and rules of brinkmanship’s dynamics are always being written and rewritten, as they have been time after time again.
Why then would …or, what then could make the question as to whether or not Congress will raise the debt ceiling before the last minute …a question whose lackluster resolve’s and groaning dynamics different any more than any other thing which this “do-nothing†Congress has touched recently?
Well, then …consider this point of conjecture.
But let me set the stage first.
Is there any one you know that …when they walk into the room, there is a rushing like mighty sucking noise?
You know …the sort of person/organization who believes and acts as though the whole damned world’s charter was meant to serve as a mandate which justifies and encourages wiping their feet on any who take up an opposing issue …regardless of the costs.
And if you have any doubt about it …just ask them.
Well, in Washington’s play …I believe that its brinksmanship in its (ownership) matter of the debt limit debate …merely serves as just such a sucking example …one in which partisan politics extols all of the best virtues and all the worst vices of wiping one’s feet on the other …all at the expense of “…We the People …â€