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On 19/06/2010 4:51 PM, bpuharic wrote:
On Fri, 18 Jun 2010 17:31:29 -0600, wrote: On 18/06/2010 12:24 PM, nom=de=plume wrote: wrote in message ... Later this summer a hurricane hits somewhere. FEMA orders an evac. Later after all is clear, FEMA refuses to allow anybody back in to repair damaged roofs thus causing small amounts of damage to become so severe that the private insurance industry goes under. You completely missed the boat on this! Obama is causing the hurricane season this year.... duhhh. Nope, but he is pretty busy stealing from Americans by racking up the debt. One good thing abput this, is when Spain, Ireland, UK, Germany, Japan, Canada, US, and some others all go bankrupt, a new world law on government and debt might get passed that forbids federal governments from borrowing money. anyone who suggests this knows nothing about economics. govts HAVE to borrow money in emergencies. there is no choice What? They have been on emergency basis for 20 years? I think not. Just an excuse to spend what you don't have. Debtors disease of entitlement, dysfunction, greed and envy. Will not last as in technical point DC is bankrupt. The only difference between DC and Greece is DC does not have to answer to other countries on ponzi money creation. But it isn't sustainable. -- The bigger government gets, the more it tends to rule out common sense. |
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