FarCenter
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Thu Jul-28-11 09:18 PM
Original message |
U.S. Contingency Plan Gives Bondholders Priority |
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http://www.bloomberg.com/news/2011-07-28/u-s-contingency-plan-gives-bondholders-priority.htmlThe U.S. Treasury will give priority to making interest payments to holders of government bonds when due if lawmakers fail to reach an agreement to raise the debt ceiling, according to an administration official.
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villager
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Thu Jul-28-11 09:20 PM
Response to Original message |
1. so why did the head/sand brigade unrec this one? |
leveymg
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Thu Jul-28-11 09:22 PM
Response to Original message |
2. Gov't by the People, for the People, and of the People . . . |
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Edited on Thu Jul-28-11 09:23 PM by leveymg
nice knowing you, USA. You weren't the world's worst republic turned empire, but you're now the most recent ex-world power and former sovereign state.
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unkachuck
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Thu Jul-28-11 09:31 PM
Response to Original message |
3. "...give priority to making interest payments to holders of government bonds..." |
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....then our government is not ours and it must be replaced....the American peoples' priorities must come first, not some German bond holders....
....one thing Americans from the Left to the Right will agree upon, America and Americans come first!....any weasel politician backing money over the American people, will find themselves unemployed or worse....
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FarCenter
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Thu Jul-28-11 09:33 PM
Response to Reply #3 |
4. Obama's hands are tied by the 14th ammendment |
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It would be unconstitutional to not pay the public debt.
Other payments are not constitutionally required.
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unkachuck
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Thu Jul-28-11 09:40 PM
Response to Reply #4 |
6. let him defer any debt payments....n/t |
yodermon
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Thu Jul-28-11 10:10 PM
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8. +1 FarCenter.. people don't seem to realize this n/t |
girl gone mad
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Thu Jul-28-11 09:37 PM
Response to Original message |
5. This script was written years ago. |
rdking647
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Thu Jul-28-11 09:40 PM
Response to Original message |
7. whether you like it or not |
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that is the law of the land....
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DU
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Thu May 02nd 2024, 06:04 PM
Response to Original message |