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Coyotl

(15,262 posts)
Sun Oct 13, 2013, 01:00 AM Oct 2013

Who gets rich if the United States defaults? Bankers? Billionaires? The Capitalists, right.

The people who reap interest on money, of course. The same money lenders that Lesus Christ threw out of the temple need to be thrown out by Congress. If not we will all be paying a hefty Republican Stupidity tax for a long time to come.



Time to negotiate? Let's talk deficit reduction by taxing the rich.

9 replies = new reply since forum marked as read
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Who gets rich if the United States defaults? Bankers? Billionaires? The Capitalists, right. (Original Post) Coyotl Oct 2013 OP
+1 Egnever Oct 2013 #1
I was just going to post the same thing! LeftofObama Oct 2013 #3
From now on, I'm cussing "Lesus Christ" Coyotl Oct 2013 #4
... Emit Oct 2013 #9
K and R gopiscrap Oct 2013 #2
That's always been the way and...... socialist_n_TN Oct 2013 #5
Richie rich also stands to lose his ass in a couple of spots. lonestarnot Oct 2013 #6
Nobody FreeJoe Oct 2013 #7
When interest rates go up, those lending money profit. Coyotl Oct 2013 #8
 

lonestarnot

(77,097 posts)
6. Richie rich also stands to lose his ass in a couple of spots.
Sun Oct 13, 2013, 10:37 AM
Oct 2013

Spotty assed richie rich will stand out in a crowd.

FreeJoe

(1,039 posts)
7. Nobody
Sun Oct 13, 2013, 11:25 AM
Oct 2013

If the US defaults, which would be a violation of the 14th amendment, virtually everyone in the world would lose. A few people that shorted the right financial instruments would benefit. Beyond that, it depends on how big of an affect it would have. My guess is that it would possibly spur another worldwide depression which would make everyone poorer.

 

Coyotl

(15,262 posts)
8. When interest rates go up, those lending money profit.
Sun Oct 13, 2013, 11:27 AM
Oct 2013

While you are correct about the possible impact, there are those with an interest in making more on interest, those who hold the capital now.

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