ThomWV
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Wed Jul-20-11 01:32 PM
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Do you realize how nasty its going to get if we default |
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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
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Wed Jul-20-11 01:35 PM
Response to Original message |
1. Do you realize that the Gang of Six Proposal |
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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
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Wed Jul-20-11 01:39 PM
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2. I am very much afraid that it is us, you and I, who will eat the pile of shit. |
fredamae
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Wed Jul-20-11 01:43 PM
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4. By the time we're 80 we will be Lucky to Have |
Johonny
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Wed Jul-20-11 01:55 PM
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5. that's kind of my feeling |
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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
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Wed Jul-20-11 01:42 PM
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3. k/r After their austerity and budget cuts cause a world wide crash... |
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.. 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
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Wed Jul-20-11 01:59 PM
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6. Do you realize how nasty it is already? |
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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
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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 |
applegrove
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Wed Jul-20-11 02:30 PM
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7. I joked about letting the debt ceiling date pass without a deal. I certainly don't feel like joking |
izquierdista
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Wed Jul-20-11 02:42 PM
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8. If Tea Partiers are carrying torches and pitchforks.... |
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I hope somebody will remember to bring the bandages and burn ointment for them.
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DU
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Fri Apr 26th 2024, 10:04 AM
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