Steve1 Political Rants

Let me dissect that story for you in simple terms.


It appears people are fearing the default of foreign debt. And where is the safe place to put money when the rest of the world is in trouble, they buy US Treasuries.

"But daddy, if they buy US treasuries, wont that mean the US is spending more?"

"Well, not always little Jonny. See, if other foreigners are anxious to buy our Treasuries, that means we don't have to rely so heavily on China to buy them. Which means we may not be as beholden to China as we used to be."

But Daddy, why are we beholden to China in the first place?"

Son, there was this little man with grand ideas of taking over the world, one desert at a time. He invaded sovereign nations, didn't have any plans to manage the costs, slashed taxes and drove up our national debt."

"But Daddy, that man is not in charge. Why is our debt still rising?"

Well son, because of the sheer incompetence of that little man and his political party, they paved the way for an inexperienced man with a teleprompter to take over as president and use all the new powers the previous little man had usurped in his presidency. And now he's spending money like mad. Of course, you have to realize son, this new man is from the Democratic party. The Dems spend money so this was expected. People must've figured that if a politician is going to spend money, he might as well be from the party that does it best."
 
Let me dissect that story for you in simple terms.


It appears people are fearing the default of foreign debt. And where is the safe place to put money when the rest of the world is in trouble, they buy US Treasuries.

"But daddy, if they buy US treasuries, wont that mean the US is spending more?"

"Well, not always little Jonny. See, if other foreigners are anxious to buy our Treasuries, that means we don't have to rely so heavily on China to buy them. Which means we may not be as beholden to China as we used to be."

But Daddy, why are we beholden to China in the first place?"

Son, there was this little man with grand ideas of taking over the world, one desert at a time. He invaded sovereign nations, didn't have any plans to manage the costs, slashed taxes and drove up our national debt."

"But Daddy, that man is not in charge. Why is our debt still rising?"

Well son, because of the sheer incompetence of that little man and his political party, they paved the way for an inexperienced man with a teleprompter to take over as president and use all the new powers the previous little man had usurped in his presidency. And now he's spending money like mad. Of course, you have to realize son, this new man is from the Democratic party. The Dems spend money so this was expected. People must've figured that if a politician is going to spend money, he might as well be from the party that does it best."

No the whole thing is on the CDS's Again I will help; They Have NO Dam Value these CDS are backed by another CDS and so on, Who in their right mind would invest in these ? Like Piles of REAL money into this scheme! Sounds like a globe wide con game.
 
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Ok, little ADD going on here. Your first article was about Credit Default Swaps. Those have nothing to do with Carbon Credits. I'm no fan of the Carbon Credit scheme or Al Gore, but I'm not sure why they were your response to your first article.

Please contact your talking-points people and tell them your received a long follow-up to your CDS post and have them give you something to say. I'm going to check on some clients and will be back shortly to make sure you are coloring inside the lines.
 
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Ok, little ADD going on here. Your first article was about Credit Default Swaps. Those have nothing to do with Carbon Credits. I'm no fan of the Carbon Credit scheme or Al Gore, but I'm not sure why they were your response to your first article.

Please contact your talking-points people and tell them your received a long follow-up to your CDS post and have them give you something to say. I'm going to check on some clients and will be back shortly to make sure you are coloring inside the lines.

I posted your Gore COC! Or CER Yes place this with your CAD drawing fantasies!
 
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LC and Fundie are in This short bus.. The country where the calls go for Computer related problems, India Not Japan!



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I believe you would be speaking to Fund Razor about the CADs. I simply mock your political rants.

BTW, my small hands and feet fit well in the school bus.
 
I believe you would be speaking to Fund Razor about the CADs. I simply mock your political rants.

BTW, my small hands and feet fit well in the school bus.

Right Goes with that Tiny Hat Size LOL BTW Mother Nature played a cruel trick on you Dude you lived. LMAO.
 
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