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Do you realize how nasty its going to get if we default

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ThomWV Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-20-11 01:32 PM
Original message
Do you realize how nasty its going to get if we default
I'm not talking about the economic nastiness, that interest rates will shoot up like 4th of July fireworks, that the value of the dollar will drop like a stone, that the price of gold is going to skyrocket, that small businesses will be shutting their doors all over the country as credit goes to absolutely unaffordable, oh, and all that inflation that we've dodged for the last decade will land on us at once. You think a couple of bucks a head is high for lettuce, or that $4 is too much to pay for gas? Just let us default and see what happens to the price of all the food and fuel we import.

The great depression didn't just start on Black Thursday, it rumbled in over the course of many months. This next great Depression - entirely caused by reckless Republican adventure - will go off like a bomb, it won't take months or years to ruin us, it will take days.

There is a post below that asks how long we think it will be until the people are rioting in the streets? Well, it might be a whole lot sooner than expected. It will not only the the "liberals that are carrying the torches and pitchforks either, the Tea Party will be there shoulder to shoulder with them.

Less than 2 weeks to go.
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fredamae Donating Member (622 posts) Send PM | Profile | Ignore Wed Jul-20-11 01:35 PM
Response to Original message
1. Do you realize that the Gang of Six Proposal
is doing the same thing, only in Slow Motion?
Quite the stalemate isn't it?
I want this prez to hold his ground and Make the pubs Eat this pile o'shit!
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ThomWV Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-20-11 01:39 PM
Response to Reply #1
2. I am very much afraid that it is us, you and I, who will eat the pile of shit.
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fredamae Donating Member (622 posts) Send PM | Profile | Ignore Wed Jul-20-11 01:43 PM
Response to Reply #2
4. By the time we're 80 we will be Lucky to Have
a pile of shit to eat.
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Johonny Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-20-11 01:55 PM
Response to Reply #1
5. that's kind of my feeling
destroy the economy slowly vs a stupid budget deal that kills the economy slowly. My gut has always told me, they won't pass a budget deal, and they will just raise the debt ceiling because this congress can't do legislative things.
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lib2DaBone Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-20-11 01:42 PM
Response to Original message
3. k/r After their austerity and budget cuts cause a world wide crash...
.. then they will take us to war (Iran) in an attempt to distract people from the misery and pain of the collapse.

It worked on 9/11.... they will use the same tactic again
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damntexdem Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-20-11 01:59 PM
Response to Original message
6. Do you realize how nasty it is already?
And how nasty it will get even if we don't default if the crime-gang-of-six plan, or a like plan, is enacted?
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ThomWV Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-20-11 03:09 PM
Response to Reply #6
9. It is not possible to live in West Virginia and not understand Poverty
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applegrove Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-20-11 02:30 PM
Response to Original message
7. I joked about letting the debt ceiling date pass without a deal. I certainly don't feel like joking
anymore.
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izquierdista Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-20-11 02:42 PM
Response to Original message
8. If Tea Partiers are carrying torches and pitchforks....
I hope somebody will remember to bring the bandages and burn ointment for them.
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