ST Alpha - "Just another scare tactic! (nm)" (Reading a Post)

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In response to "Standard & Poor's threatens 'selective default' if Congress misses debt-limit deadline... -- (link)" by Don Homer

Just another scare tactic! (nm)

Posted by Michelle Bachmann (aka trav007) Jun 29 '11, 13:18

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Responses:

[deleted] 2
- We need this, I think. Its time. - Guy Jun 29, 13:44
- the answer is to just print more money. it's so obvious! -- nm - Beaker Jun 29, 13:23
It is sort of ridiculous that financial institutions are in control here and issuing threats - Guy Jun 29, 13:20 7
- you should thank God they are or else the US would have been bankrupt by now -- nm - Beaker Jun 29, 13:24 6
  - But they are basically forcing us to borrow more, right? How is this not extortion on some level? -- nm - Guy Jun 29, 13:45
  - percentage of population wise, we are as in debt as greece -- nm - zeitgeist Jun 29, 13:26 4
    - Yes, but as a percent of GDP? Not even fucking close. We rank 36th. Greece ranks 5th. -- (link) - TWuG Jun 29, 13:27 3
      - each person in the USA and Greece owes about $45k, and since corporations don't get forced to pay taxes... -- nm - zeitgeist Jun 29, 13:32 1
        
        That's a meaningless statistic without the context of what each person makes on average. -- nm - TWuG Jun 29, 13:36
      - Yes, their public sector was far more crushing as a large component of the economy. -- nm - Name Withheld By Request Jun 29, 13:31

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