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Author: Subject: August 2nd

Sublime Peach





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  posted on 6/19/2011 at 01:01 AM
Now this is starting to get a little serious. This date could come and pass with no fanfare at all. Or, it could be a date that goes down in history as the day the US defaults on its debt. Technically we are just moving money around that Gheitner found and we have already defaulted, now we are just depleating what little is left.

The August 2nd deadline is as real as it gets and I would hope a deal is done before it comes to this. I would certainly hope they wouldn't do it on purpose. They often own both sides of the argument, so it wouldn't surprise me at all.

Eric Cantor on the August 2nd deadline.
http://abcnews.go.com/Politics/exclusive-eric-cantor-question-august-debt-c eiling-deadline/story?id=13757321

Tim Gheitner on the August 2nd deadline.
http://online.wsj.com/article/BT-CO-20110520-712914.html

I do hope this date comes and goes with little fanfare, for the sake of our country. This isn't some NFL negotiation they are playing with, it's the status of the Untited States of America.

 
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Zen Peach



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  posted on 6/19/2011 at 07:15 AM
This is easy

cut defense drastically and eliminate the bush tax cuts for the rich.

 

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Zen Peach



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  posted on 6/19/2011 at 01:43 PM
Well they will just have to raise the debt ceiling and I KNOW they will. How do I know that? Guess who needs a bailout?

http://www.guardian.co.uk/world/2011/jun/17/afghanistan-insolvency-within-m onth $820 Million dollars in debt. Insolvent in a month.

AND we are not leaving Afghanistan till 2014, or 2017 or whenever. Afghanistan has vast natural resources, NASA mapped the gold and mineral reserves there and the key to Afghan self sufficiency is businesses, jobs and infrastructure. So, since they need a bailout, we have to provide it, sooooo we will just have to raise our debt ceiling, or hand over Afghanistan to people the US does not want to hand it over to.

 

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Zen Peach



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  posted on 6/19/2011 at 01:52 PM
Ever get the feeling all the people running the country don't have a clue as to what they're doing?

 

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Zen Peach



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  posted on 6/20/2011 at 08:31 AM
If only they would watch youtube and take advice from hot tub salesmen......

 

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Zen Peach



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  posted on 6/20/2011 at 08:36 AM
Well Sang is right, if people were in hot tubs, there would be a lot less problems. Wars would stop, people wouldn't spend money they don't have. People wouldn't buy houses they could not afford the mortgages on, they'd settle for smaller ones (as long as it had a hot tub!). After they got out of the tub, they'd probably order out and get some food, stimulate the economy a little bit, since they'd be in the hot tub a lot, they wouldn't be driving around as much, so gas prices would go down (supply and demand). Solar energy and hot tubs would fix a lot of the problems in America; provide jobs, mellow people out.

 

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"Mankind is a single nation" "Allah did not make you a single people so he could try you in what he gave you, to him you will all return, he will inform you where you differed". Quran Chapter 2 Sura 213

 

Zen Peach



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  posted on 6/20/2011 at 09:04 AM
EAS!

 

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True Peach



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  posted on 6/20/2011 at 11:13 AM
Really cool of you all to start my birthday thread so early!


 

Zen Peach



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  posted on 6/20/2011 at 11:35 AM
Happy early Birthday!

 

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True Peach



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  posted on 6/20/2011 at 12:06 PM
quote:
Well Sang is right, if people were in hot tubs, there would be a lot less problems. Wars would stop, people wouldn't spend money they don't have. People wouldn't buy houses they could not afford the mortgages on, they'd settle for smaller ones (as long as it had a hot tub!). After they got out of the tub, they'd probably order out and get some food, stimulate the economy a little bit, since they'd be in the hot tub a lot, they wouldn't be driving around as much, so gas prices would go down (supply and demand). Solar energy and hot tubs would fix a lot of the problems in America; provide jobs, mellow people out.

All true, but bourbon would have the same effect and is much cheaper than a hot tub. I'm putting a reminder in my Palm to celebrate Brock's birthday on 8/2 with a shot of Wild Turkey.

 

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World Class Peach



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  posted on 6/20/2011 at 12:57 PM
quote:
This is easy

cut defense drastically and eliminate the bush tax cuts for the rich.




Don't disagree, but at this point in time I think they are the Obama tax cuts

 

Zen Peach



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  posted on 6/20/2011 at 01:02 PM
quote:
Well Sang is right, if people were in hot tubs, there would be a lot less problems. Wars would stop, people wouldn't spend money they don't have. People wouldn't buy houses they could not afford the mortgages on, they'd settle for smaller ones (as long as it had a hot tub!). After they got out of the tub, they'd probably order out and get some food, stimulate the economy a little bit, since they'd be in the hot tub a lot, they wouldn't be driving around as much, so gas prices would go down (supply and demand). Solar energy and hot tubs would fix a lot of the problems in America; provide jobs, mellow people out.


not so fast


http://www.youtube.com/watch?v=-kNyiMgU8mU

 

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Zen Peach



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  posted on 6/20/2011 at 01:24 PM
quote:
Well Sang is right, if people were in hot tubs, there would be a lot less problems. Wars would stop, people wouldn't spend money they don't have. People wouldn't buy houses they could not afford the mortgages on, they'd settle for smaller ones (as long as it had a hot tub!). After they got out of the tub, they'd probably order out and get some food, stimulate the economy a little bit, since they'd be in the hot tub a lot, they wouldn't be driving around as much, so gas prices would go down (supply and demand). Solar energy and hot tubs would fix a lot of the problems in America; provide jobs, mellow people out.


The point was completely lost, once again.

 

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True Peach



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  posted on 6/20/2011 at 01:33 PM
quote:
quote:
This is easy

cut defense drastically and eliminate the bush tax cuts for the rich.




Don't disagree, but at this point in time I think they are the Obama tax cuts


Fair enough, but the Pres only went along w/ the extension kicking and screaming. So he got a START treaty and unemployment extension, but he should have gotten those regardless of conceding on the tax cuts.

 

Zen Peach



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  posted on 6/20/2011 at 01:40 PM
quote:
quote:
This is easy

cut defense drastically and eliminate the bush tax cuts for the rich.




Don't disagree, but at this point in time I think they are the Obama tax cuts


Bush, Obama, wotts the difference? both serve the big money Corporate PACs

 

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World Class Peach



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  posted on 6/20/2011 at 01:54 PM
quote:
quote:
quote:
This is easy

cut defense drastically and eliminate the bush tax cuts for the rich.




Don't disagree, but at this point in time I think they are the Obama tax cuts


Bush, Obama, wotts the difference? both serve the big money Corporate PACs


Glad to hear people see that finally. A lot of people I know didn't believe Obama was really going to do what he said. The only place I see him having dropped his mission is Wall Street. Let them off the hook Scott free (Bush did too; but he never said he wouldn't) despite having the opportunity to make them a government employee

 

Zen Peach



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  posted on 6/20/2011 at 02:54 PM
quote:
quote:
Well Sang is right, if people were in hot tubs, there would be a lot less problems. Wars would stop, people wouldn't spend money they don't have. People wouldn't buy houses they could not afford the mortgages on, they'd settle for smaller ones (as long as it had a hot tub!). After they got out of the tub, they'd probably order out and get some food, stimulate the economy a little bit, since they'd be in the hot tub a lot, they wouldn't be driving around as much, so gas prices would go down (supply and demand). Solar energy and hot tubs would fix a lot of the problems in America; provide jobs, mellow people out.


The point was completely lost, once again.




Well, except for the 'Sang is right' part..............

 

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A Peach Supreme



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  posted on 6/20/2011 at 06:39 PM
quote:
Well Sang is right, if people were in hot tubs, there would be a lot less problems. Wars would stop, people wouldn't spend money they don't have. People wouldn't buy houses they could not afford the mortgages on, they'd settle for smaller ones (as long as it had a hot tub!). After they got out of the tub, they'd probably order out and get some food, stimulate the economy a little bit, since they'd be in the hot tub a lot, they wouldn't be driving around as much, so gas prices would go down (supply and demand). Solar energy and hot tubs would fix a lot of the problems in America; provide jobs, mellow people out.


HOME RUN

Or maybe summon the elders of Obama & seek counsel

[Edited on 6/20/2011 by LUKE]

 

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Sublime Peach



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  posted on 6/23/2011 at 07:30 AM
Jim Rogers on the Dylan Ratigan show

http://www.youtube.com/watch?v=ls4lfmj6bQ4

 

Sublime Peach



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  posted on 6/28/2011 at 10:39 AM
35 days left to default.

Max Keiser on Greece austerity measures.
http://www.youtube.com/watch?v=_Tu2uiV1lps

 

Zen Peach



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  posted on 6/28/2011 at 10:57 AM
53 days until I see Zappa Plays Zappa and Return to Forever.

http://www.youtube.com/watch?v=RZvFoSI5VN8

http://www.youtube.com/watch?v=lObVilGPjHc

 

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True Peach



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  posted on 6/28/2011 at 06:53 PM

 

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Sublime Peach



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  posted on 6/29/2011 at 01:56 AM
Really, the banksters are quite brilliant. You can't beat these guys, only hope to survive them. They are in the process of bringing down western civilization and implementing a one world currency. If Augst 2nd passes without a deal, the dollar will collapse. Allong with just about everything else and America won't know what hit them.

They have built an empire on the backs of the people and now they are in the process of enslaving the people with the debt of the government that they used to build their machine. Look at what they are doing to Greece. I am pretty sure the people of Greece didn't condone their government dealing with Goldman Sachs in credit default swaps that the Greek government used to mask their debt problems. Now they are putting the people of Greece on the hook for less benefits and longer retirement ages and higher taxes. Sound familiar? It will.

Austerity is what they call it in Greece, and in America they will call it shared sacrifice. They can wrap it in whatever they want, but I didn't spend 14 trillion dollars. My favorite line when they talk about austerity for Greece is that they say "it's the only way".

There is an answer to having too much debt. It's called bankruptcy. You don't go out and borrow more and spend more to solve your problems. You spend less and save more. At least the people of Iceland stood up to the IMF and opted for bankruptcy over selling their country out. Of course, the people of Iceland had a vote, the people of Greece don't get a vote. Don't forget about Spain, Portugal, Engand, and Ireland. The dominoes will fall one by one.

The really funny part is that these guys are in the back room printing this money out of thin air to loan to these countries to put them deeper into debt.

I will bet when the dollar falls it will be the IMF and the World Bank that will step in to save the day and introduce the new world currency. Of course, it will be backed by gold and silver, not thin air. Some currencies will have a trade in value while other currencies will not be getting too much. Get caught with all of your savings in the wrong currency, and you could get crushed. I can hear Obama now, "America, it's the only way" when it comes to adopting the new world currency.

I wonder who they are going to blame on August 3rd? The Republicans or the Democrats? I will bet it is the Republicans that will take the hit.




[Edited on 6/29/2011 by jerryphilbob]

 

Zen Peach



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  posted on 6/29/2011 at 12:09 PM
Well, jerryphilbobharry, I predict when I wake up Aug 3 the sun will still be shining in my back door............

 

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Zen Peach



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  posted on 6/29/2011 at 12:24 PM
come Aug 3rd special deals on all hot tubs

 

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