"bpuharic" wrote in message
...

On Sat, 3 Dec 2011 02:01:09 GMT, "Haywood Jablomie"
wrote:


On 2-Dec-2011, bpuharic wrote:

or whatever he believes; he hasnt made a coherent argument yet

Big myth, people buying the debt. US Fed is fraud printing it.

hey genius. if people didnt want US debt we'd be giving interest rates
like italy and spain are paying

Try to grasp risk, and supply and demand. The U.S. pays higher interest
rates because your debt is risky - that makes demand low, or, you need to
pay a higher interest to sell it....well, the fact is, YOU pay the higher
interest, not the scumbags that took you down the hill.

You never should have skipped 4th grade economics.

??

let's see...the US pays ONE percent

italy pays FIVE percent

and to right wingers that proves ONE is more than FIVE!!!

HAHAHA conservatives cant even COUNT and they're lecturing about
ECONOMICS!!!

our RATES ARE LOW PRECISELY BECAUSE DEMAND IS HIGH!!

DUH!!!

christ. what the **** happened to conservatives who dont even know how
to count to FIVE???


---------------------------------------------------------

We are paying 1% to banks we loaned money to for 0% to buy the debt. We are
paying the extra in inflationary cost. The inflation cost is probably in
the 6% or better range, so we are actually paying 7% for that money.