« previous next »
Pages: [1]   Go Down

Author Topic: Plan "B"  (Read 1544 times)

0 Members and 1 Guest are viewing this topic.

Offline mickBelker

  • Probationary (Probie)
  • Posts: 77
  • Reputation: +13/-15
Plan "B"
« on: November 07, 2012, 04:30:43 PM »
Let Obama and the Left spend us to default, ok? See, the U.S. defaults on its payments on all of those T-Bills and T-Bonds and we basically bankrupt the whole ****ing world.

Then, after the slaughter, we can try to rebuild the world the way we want it from scratch. The few of us that are left.

This is the way the world ends
This is the way the world ends...
Logged

Offline thundley4

  • Hero Member
  • *****
  • Posts: 40571
  • Reputation: +2224/-127
Re: Plan "B"
« Reply #1 on: November 07, 2012, 06:15:03 PM »
OBama is going to be asking for an increase in the Debt Ceiling soon.  **** him.  No increase without a budget with extreme cuts.
Logged

Offline rich_t

  • Hero Member
  • *****
  • Posts: 7942
  • Reputation: +386/-429
  • TANSTAAFL
Re: Plan "B"
« Reply #2 on: November 07, 2012, 06:18:45 PM »
Quote from: mickBelker on November 07, 2012, 04:30:43 PM
Let Obama and the Left spend us to default, ok? See, the U.S. defaults on its payments on all of those T-Bills and T-Bonds and we basically bankrupt the whole ****ing world.

Then, after the slaughter, we can try to rebuild the world the way we want it from scratch. The few of us that are left.

This is the way the world ends
This is the way the world ends...

Easier to nuke ourselves.

After last night over 50% of the country deserves it anyway.
Logged
"The American people will never knowingly adopt socialism. But, under the name of 'liberalism,' they will adopt every fragment of the socialist program, until one day America will be a socialist nation, without knowing how it happened." --Norman Thomas, 1944

Offline rich_t

  • Hero Member
  • *****
  • Posts: 7942
  • Reputation: +386/-429
  • TANSTAAFL
Re: Plan "B"
« Reply #3 on: November 07, 2012, 06:19:35 PM »
Quote from: thundley4 on November 07, 2012, 06:15:03 PM
OBama is going to be asking for an increase in the Debt Ceiling soon.  **** him.  No increase without a budget with extreme cuts.

Hell...  He will just sign an EO making it so.
Logged
"The American people will never knowingly adopt socialism. But, under the name of 'liberalism,' they will adopt every fragment of the socialist program, until one day America will be a socialist nation, without knowing how it happened." --Norman Thomas, 1944

Offline Lacarnut

  • Hero Member
  • *****
  • Posts: 4154
  • Reputation: +316/-315
Re: Plan "B"
« Reply #4 on: November 07, 2012, 06:32:50 PM »
Quote from: mickBelker on November 07, 2012, 04:30:43 PM
Let Obama and the Left spend us to default, ok? See, the U.S. defaults on its payments on all of those T-Bills and T-Bonds and we basically bankrupt the whole ****ing world.

Then, after the slaughter, we can try to rebuild the world the way we want it from scratch. The few of us that are left.

This is the way the world ends
This is the way the world ends...

Defaulting on our debt would bankrupt us first because China and Japan only hold around 2 Trillion of our debt. Umm, your 401k and pension fund holds trillions. The interest we pay on our debt is the problem rather than the size of the debt. That is why the US is keeping interest rates low. One inflation takes hold, interest rates will rise and we will be in deep, deep shit. 
Logged

Offline rich_t

  • Hero Member
  • *****
  • Posts: 7942
  • Reputation: +386/-429
  • TANSTAAFL
Re: Plan "B"
« Reply #5 on: November 07, 2012, 07:08:08 PM »
Quote from: Lacarnut on November 07, 2012, 06:32:50 PM
Defaulting on our debt would bankrupt us first because China and Japan only hold around 2 Trillion of our debt. Umm, your 401k and pension fund holds trillions. The interest we pay on our debt is the problem rather than the size of the debt. That is why the US is keeping interest rates low. One inflation takes hold, interest rates will rise and we will be in deep, deep shit. 

We are already in deep deep shit.

It's only a matter of time until we completely default IMO.

I say bring it on sooner rather than later.

Stop kicking the can down the road.  Pay the cost for the stupidity that Americans have allowed to happen and rebuild if we can.

I hope the US economy completely collapses within the next 12 months.  It will probably cause the death of myself and several family members.  But it might as well happen sooner than later.

The sooner it happens the sooner it can be rebuilt.  Maybe my grand children will have a chance in the after math.



Logged
"The American people will never knowingly adopt socialism. But, under the name of 'liberalism,' they will adopt every fragment of the socialist program, until one day America will be a socialist nation, without knowing how it happened." --Norman Thomas, 1944

Offline Duke Nukum

  • Assistant Chair of the Committee on Neighborhood Services
  • Hero Member
  • *****
  • Posts: 8015
  • Reputation: +561/-202
  • O frabjous day! Callooh! Callay!'
Re: Plan "B"
« Reply #6 on: November 07, 2012, 07:24:42 PM »
If there is a silver lining it is that 0bama has inherited his own mess and when Taxmageddon very shortly, he owns it.
Logged
“A man who has been through bitter experiences and travelled far enjoys even his sufferings after a time”
― Homer, The Odyssey

Offline rich_t

  • Hero Member
  • *****
  • Posts: 7942
  • Reputation: +386/-429
  • TANSTAAFL
Re: Plan "B"
« Reply #7 on: November 07, 2012, 07:28:25 PM »
Quote from: Duke Nukum on November 07, 2012, 07:24:42 PM
If there is a silver lining it is that 0bama has inherited his own mess and when Taxmageddon very shortly, he owns it.

That's gonna make me feel so much better when I am going broke trying to pay for my gas, utilities and groceries that will soon sky rocket.






























NOT!
Logged
"The American people will never knowingly adopt socialism. But, under the name of 'liberalism,' they will adopt every fragment of the socialist program, until one day America will be a socialist nation, without knowing how it happened." --Norman Thomas, 1944
Pages: [1]   Go Up
« previous next »