Comments on: Ruh-Roh, Robama! http://www.fitsnews.com/2009/03/14/ruh-roh-robama/ Politics, Sports and Pop Culture Tue, 14 Feb 2012 11:20:03 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Pat Hendrix http://www.fitsnews.com/2009/03/14/ruh-roh-robama/#comment-49378 Pat Hendrix Sat, 14 Mar 2009 16:52:56 +0000 http://www.fitsnews.com/?p=16273#comment-49378 Man, you boys sure don't like to read or use facts. The Chinese have no place else to put their money. Euros? No prayer, the EU is in worse shape than we are and holding more debt balanced against GDP than the US. The Yen? It will be cold day in hell before that happens? Asian markets? Please. Brazil? Snicker. Grow up. This amounts to zip. Besides, since the stock market is so bad, Americans are already purchasing most of the bonds. Again, fact free at fits. Man, you boys sure don’t like to read or use facts. The Chinese have no place else to put their money. Euros? No prayer, the EU is in worse shape than we are and holding more debt balanced against GDP than the US. The Yen? It will be cold day in hell before that happens? Asian markets? Please. Brazil? Snicker.

Grow up. This amounts to zip. Besides, since the stock market is so bad, Americans are already purchasing most of the bonds. Again, fact free at fits.

]]> By: Ron http://www.fitsnews.com/2009/03/14/ruh-roh-robama/#comment-49377 Ron Sat, 14 Mar 2009 16:34:03 +0000 http://www.fitsnews.com/?p=16273#comment-49377 China should be worried about their dangerous over investment in US Treasury obligations. Washington ’s long-term choice is either repudiation or monetization. For monetization to be effective, the depreciation in the dollar would have to be substantial and this in turn would dramatically raise prices of imports for American consumers which would mean a tremendous drop in foreign imports. Debt monetization would cause more disruption to exporting nations than selective repudiation of Treasury debt. Washington has bailed out the banks, Wall Street & their Washington special interests and much of the cost is added to the national debt to by paid by this and future generations while real estate and investments continue to fall. Find out what a growing repudiate the debt movement could mean for treasury bonds, the dollar, gold and the stock market. The Campaign to Cancel the Washington National Debt By 12/22/2013 Constitutional Amendment is starting now in the U.S. See: http://www.facebook.com/group.php?gid=67594690498&ref=ts Thanks, Ron China should be worried about their dangerous over investment in US Treasury obligations. Washington ’s long-term choice is either repudiation or monetization. For monetization to be effective, the depreciation in the dollar would have to be substantial and this in turn would dramatically raise prices of imports for American consumers which would mean a tremendous drop in foreign imports. Debt monetization would cause more disruption to exporting nations than selective repudiation of Treasury debt.

Washington has bailed out the banks, Wall Street & their Washington special interests and much of the cost is added to the national debt to by paid by this and future generations while real estate and investments continue to fall. Find out what a growing repudiate the debt movement could mean for treasury bonds, the dollar, gold and the stock market.

The Campaign to Cancel the Washington National Debt By 12/22/2013 Constitutional Amendment is starting now in the U.S. See: http://www.facebook.com/group.php?gid=67594690498&ref=ts
Thanks,
Ron

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