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(Politico)   "Poll: Pols like 'spoiled' kids on cliff" Also love pots   (politico.com) divider line 6
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940 clicks; posted to Politics » on 26 Nov 2012 at 9:37 AM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-11-26 09:50:57 AM
3 votes:
People need to understand that 'sovereign debt' is not the same as, nor work the same as, personal debt.

A 'person' can be overwhelmed by debt if enough of their creditors come calling, which they do if they believe the person is unable to repay those debts.

A nation does not work that way. No one truly believes that the U.S will 'ever' be in a situation where they'd be unable to pay their debts.

A healthy economy is one with a healthy amount of debt. Do we have too much? Maybe. Should we try to rid ourselves of all of it? lol no.

This whole debate would be better suited if more people were properly educated in how things work on a national level before opening their mouths.
2012-11-26 09:58:31 AM
2 votes:
Obama offered up 4 trillion in spending cuts. All the GOP had to do was sign it. But no it didn't have their tax cuts for the rich so they walked.
2012-11-26 09:54:09 AM
2 votes:
and nearly half said Obama needs to do more to work with the GOP.

fark these people and fark the GOP. whomever thinks this has no memory of the last four years. none.
2012-11-26 09:58:42 AM
1 votes:

DarnoKonrad: People need to understand a lot of things, but it doesn't really matter when some still think gold is "real" money.


It's not so much that gold isn't real money, it's the implication that it's somehow realer money than any other easily traded commodity or what they derisively refer to as fiat money.
2012-11-26 09:55:27 AM
1 votes:

Infernalist: People need to understand that 'sovereign debt' is not the same as, nor work the same as, personal debt.

A 'person' can be overwhelmed by debt if enough of their creditors come calling, which they do if they believe the person is unable to repay those debts.

A nation does not work that way. No one truly believes that the U.S will 'ever' be in a situation where they'd be unable to pay their debts.

A healthy economy is one with a healthy amount of debt. Do we have too much? Maybe. Should we try to rid ourselves of all of it? lol no.

This whole debate would be better suited if more people were properly educated in how things work on a national level before opening their mouths.




People need to understand a lot of things, but it doesn't really matter when some still think gold is "real" money.
2012-11-26 09:44:13 AM
1 votes:
This just in: 28% of people continue to be disconnected from reality.
 
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