Getbig.com: American Bodybuilding, Fitness and Figure

Getbig Main Boards => Politics and Political Issues Board => Topic started by: whork25 on January 31, 2011, 04:37:31 AM

Title: US bankrupt
Post by: whork25 on January 31, 2011, 04:37:31 AM

http://www.bloomberg.com/news/2010-08-11/u-s-is-bankrupt-and-we-don-t-even-know-commentary-by-laurence-kotlikoff.html

Title: Re: US bankrupt
Post by: 24KT on January 31, 2011, 06:03:01 AM

Quote from: whork25 on January 31, 2011, 04:37:31 AM

http://www.bloomberg.com/news/2010-08-11/u-s-is-bankrupt-and-we-don-t-even-know-commentary-by-laurence-kotlikoff.html

um... some of us knew, ...but when we tried to tell others, we were shouted down by the ostriches.  :-\

Title: Re: US bankrupt
Post by: theonlyone on January 31, 2011, 06:12:23 AM

 American Dream!

Title: Re: US bankrupt
Post by: whork25 on January 31, 2011, 06:15:25 AM

Quote from: 24KT on January 31, 2011, 06:03:01 AM

um... some of us knew, ...but when we tried to tell others, we were shouted down by the ostriches.  :-\

Didnt say it was new info but i like the article

Title: Re: US bankrupt
Post by: Soul Crusher on January 31, 2011, 06:27:02 AM

I read a book by kotilkoff called "The Coming Storm" about a year ago.

He is well known and respected in these areas. 

The assholes on this board with their heads in the sand are a joke.  Hear no evil, see no evil, blah blah. 

They could care less, spend more , print more, don't cut anything, everything is fine. 

They are like the band members on the titanic playing happy tunes while the ship capsizes.

Title: Re: US bankrupt
Post by: 24KT on January 31, 2011, 08:24:37 AM

Quote from: 333386 on January 31, 2011, 06:27:02 AM

I read a book by kotilkoff called "The Coming Storm" about a year ago.

He is well known and respected in these areas. 

The assholes on this board with their heads in the sand are a joke.  Hear no evil, see no evil, blah blah. 

They could care less, spend more , print more, don't cut anything, everything is fine. 

They are like the band members on the titanic playing happy tunes while the ship capsizes.

333 Have you been viewing the videos on my www.globalcurrencytrends .com website?
One of the videos uses that very same analogy of the band playing on while the titanic was sinking.

Title: Re: US bankrupt
Post by: Soul Crusher on January 31, 2011, 08:33:14 AM

Nah, heard michael savage use the analogy a few times.

Title: Re: US bankrupt
Post by: kcballer on January 31, 2011, 08:54:25 AM

The US isn't bankrupt nor will it ever be.  These gold hoarders are wishing it were true, but sorry it's not going to happen. 

Title: Re: US bankrupt
Post by: Soul Crusher on January 31, 2011, 08:59:01 AM

Ladies and gentleman, I give to you the ostrich. 

Title: Re: US bankrupt
Post by: kcballer on January 31, 2011, 09:07:39 AM

Quote from: 333386 on January 31, 2011, 08:59:01 AM

Ladies and gentleman, I give to you the ostrich. 

Hahaha seriously?  I shouldn't be surprised you believe that doomsday bullsh*t but come on.  No one in their right mind actually believes it, could it happen?  Sure, will it happen?  No.  The talking heads saying it will happen are either crazy or trying to pump gold even higher to make more money. 

Title: Re: US bankrupt
Post by: Soul Crusher on January 31, 2011, 09:12:47 AM

www.usdebtclock.org

Title: Re: US bankrupt
Post by: kcballer on January 31, 2011, 09:50:45 AM

Quote from: 333386 on January 31, 2011, 09:12:47 AM

www.usdebtclock.org

Doesn't mean the US is bankrupt.  Sorry 333.  That is not bankruptcy that is debt yes, but not bankruptcy.