On Sun, 17 Jan 2010 21:42:37 -0700, Canuck57
wrote:

On 17/01/2010 7:48 PM, bpuharic wrote:
On Sun, 17 Jan 2010 19:15:12 -0700,


In fact, Japan is teatering on bankruptcy as a country. The Yen
currency is in real danger of colapse (rapid devaluation). Watching
this closely as Japan is bigger than Iceland, and the impacts of a major
country like Japan getting into serious default could be next.



uh no. the hole was already dug by the conservative fundamentalist
deregulators and the fairy tales of CDO's that they wrote. they wrote
the checks.

we're now paying for them

You are really hopeless. If you are in debt to a point of insolvancy you:

1) Get a new credit card and spend even more than ever before. Spend
out of debt liberal-democrat theory. It will fail, you lose everything.

or you could do nothing and let a 2nd 1929 happen. is that your
recommendation?

2) Do nothing. GOP method. Last a little longer than 1) but the result
is the same if enough time elapses.

got proof? because we have an example that it could have gotten ALOT
worse than it did

unemployment in the '29 crash was 25%. is that what you recommend?


3) Cut back spending and reduce debt. (In governance this is a huge
void). It is how people become rich, buy not overextending themselves.


Conservatives will always pick 3).

except, of course, they don't. the biggest borrowers in US history
have been the conservatives. the liberals believe in tax and
spend...i.e. pay for what you buy

the conservatives believe in borrow and spend. so you pile up interest
payments on top of principle


Get over it, liberals lied, you still can't spend your way out of debt
and Money For Nothing and Chicks For Free was a fantasy song not to be
taken literally. Bet liberals smoke/shoot more dope too.

conservatives believe that you can spend your way into helping the
rich. it's what they've done for 30 years.