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Aug 2, US-living on borrow time from debt disaster
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MasterNg9999
Senior |
15-Jul-2011 09:59
Yells: "Isnt Human center of the universe???" |
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KNNBCCB GOP now playing with big big big Washington fire and dont want to agree to any debt deals http://atr.org/atr-support-specific-debt-limit-contingency-a6334 GOP know they cannot win the United States presidential election of 2012 and they dont have interest with maintaining the status quo with the mass poor people ...... so protecting their own wealth is the main agenda...... contrary to popular belief that the GOP will also suffer economical losses in an event of a default, they are not at all worry because most of their asset are backed by gold ...... KNN ........ Mitch McConnell only care about the debt crisis because his head is on the board , Fort Knox anyone remember? ... which is why he is stalling or proposing a delay in the deal ...... he will be the first to get it if US need the gold to back up their debt..... nonetheless..... its more entertainment on the TV and Internet for me .......and i am a happy man Cheer |
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timqoo
Senior |
15-Jul-2011 09:57
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well, can't discount the facts that anything can happen. must be alert and flexible always. |
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louis001
Master |
15-Jul-2011 09:34
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Whether bull or bear, everyone is looking at B(Barack)& B(Ben) company....if B& B not doing well in the next 3 weeks....the world markets are going " there" ..." Nobody wants to go there, because nobody knows what's going to happen there....." Quote" ... THE testy negotiations over raising the US debt ceiling hit a new low - prompting the normally cool President Barack Obama to storm out of a meeting with Republican Congressional leaders......" Yahoo finance" Ben Bernanke said in a second day of testimony that the US central bank would be ready to inject more money should the economy get worse. He said the time had not come yet, undercutting comments from a day earlier that spurred a late-day rally. |
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iPunter
Supreme |
15-Jul-2011 09:24
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Hahaha... Bulls will be staunch... Bears will also be staunch... But the market beast is staunchest. Thus, there's really no point in being staunch...  |
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Hulumas
Supreme |
15-Jul-2011 09:04
Yells: "INVEST but not TRADE please!" |
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NONSENSE!
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MasterNg9999
Senior |
15-Jul-2011 01:06
Yells: "Isnt Human center of the universe???" |
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And many many wool~~~~~ hahaha...think he better play himself lah..... act angry scare people also no use now use entire US poor people to save backside maybe finally will leave notes that say " I have done my best , God Save America " then jump off top the aisle of White House there goes my soap opera Cheer |
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warrenbegger
Elite |
15-Jul-2011 00:10
Yells: "Anyhow Buy Anyhow Die ^_^" |
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Poor Babama... Play front door die, play backdoor also die, dont play die even worse... Will he become the next babablacksheep??? |
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timqoo
Senior |
14-Jul-2011 22:13
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China? the next card? Moody's warns over China bad debt
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teeth53
Supreme |
14-Jul-2011 22:00
Yells: "don't learn through life, learn to grow with life " |
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" enough is enough," President Barack Obama and congressional leaders are entering a perilous endgame in their debt limit standoff. The president, declaring, is demanding that budget negotiators find common ground by week's end. http://sg.news.yahoo.com/gop-leaders-nation-cant-afford-default-202321479.html WASHINGTON (AP) — Hope dimming for a broad debt-limit deal, Congress and the White House scrambled Wednesday to salvage deficit-reduction talks while top congressional Republicans said the nation cannot afford to default on its obligations — for economic reasons and their party's own good. Ahead of a fourth negotiating session at the White House in as many days, Senate Republican leader Mitch McConnell defended his proposal to give President Barack Obama new powers to increase the nation's borrowing limit without GOP support. " I refuse to help Obama get re-elected by marching Republicans into a position where we have co-ownership of a bad economy," McConnell said on a radio talk show, contending that letting the nation go into financial default would give Obama reason to blame Republicans for the negative fallout. House Speaker John Boehner added his own warning against default, even as he expressed frustration with the White House over its role in negotiations to trim long-term federal deficits. " Nobody wants to go there, because nobody knows what's going to happen," he said of a potential financial default. " It's a crapshoot." teeth53 thot: President Obama of democrat, may not has a smooth sailing job ahead till end July. |
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teeth53
Supreme |
14-Jul-2011 21:49
Yells: "don't learn through life, learn to grow with life " |
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http://money.cnn.com/2011/07/13/news/economy/debt_ceiling_moodys/index.htm?iid=Popular Debt ceiling: Moody's applying pressure, puts U.S. on notice.Pressure on lawmakers to raise the debt ceiling was ratcheted up Wednesday when a major rating agency said it would put the sterling bond rating of the United States on review for possible downgrade. " Moody's assessment is a timely reminder of the need for Congress to move quickly to avoid defaulting on the country's obligations and agree upon a substantial deficit reduction package," Treasury official Jeffrey A. Goldstein said in a statement. http://www.cncworld.tv/news/v_show/16252_Geithner_brushes_off_talk_of_resignation.shtml CNN reported Thursday that U.S. Treasury Secretary Tim Geithner said he is thinking of stepping down after debt talks. But in the same day, Geithner said he is keeping his post for the foreseeable future, and he wants to continue helping President Obama solve the country's economic woes. teeth53 thot: President Obama of democrat, may not has a smooth sailing job ahead till end July. |
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tanglinboy
Elite |
14-Jul-2011 21:23
Yells: "hello!" |
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US is in deep shit. Greece is in deep shit. Italy is in deep shit. Who's next?? |
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MasterNg9999
Senior |
14-Jul-2011 18:34
Yells: "Isnt Human center of the universe???" |
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ok... this news is something i do not normally do and something i loathe doing ...... but since there is indeed a possibility of an event so i will break faith and be an idiot...... hahaha now there is a pretty fair bet that Mr Babama may not last his terms after yesterday session with the GOP President Babama abruptly walks out of talks....http://www.foxnews.com/politics/2011/07/14/obama-debt-enough-is-enough/ this is the pictures that GOP have painted him over the course of the day..... now the scenario is beginning to resemble the days before the JFK...... best case scenario is that Mr Babama will be incapacitated to the point of zero function and his deputy will take over from then and the best thing is his deputy is Mr Bi Dan who is a Democrat that work closely with GOP ..... Wah lao ...... like that i dont think my soap opera can last until the end of the year ....... Curse myself to be wrong ......KNNBCCB Cheer |
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MasterNg9999
Senior |
13-Jul-2011 00:59
Yells: "Isnt Human center of the universe???" |
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CCB ... wrong link ... pls ignore that one .... http://www.youtube.com/watch?v=ZKczs-7BFRI wah lao fail.... copy n paste can also go wrong Cheer
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MasterNg9999
Senior |
13-Jul-2011 00:56
Yells: "Isnt Human center of the universe???" |
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Wah lao ... the red word scare the sht out of me ... lolx..... just when i thought things are not gona get any worse .... this came along...... i thought Hong Kong fake gold scam was bad enough... but that pale in comparison with this...... Gold plated tungsten bars......http://www.youtube.com/watch?v=c1bs__psyEc ZOMG!!!!!!!Wah lao win liao lor ...... now advice is to buy new gold coin.... not old one ......KNNBCCB Cheer |
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warrenbegger
Elite |
12-Jul-2011 22:55
Yells: "Anyhow Buy Anyhow Die ^_^" |
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Huat Ahhh!!!!! 8888888888888 World Peace... |
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MasterNg9999
Senior |
12-Jul-2011 16:32
Yells: "Isnt Human center of the universe???" |
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lolx.. more bad news from US again and again.... make me wonder if this is some kind of conspiracy to frighten people.. Drought in 14 states means disaster for manyDesperate ranchers likely to cull cattle herds — which could raise meat priceshttp://www.msnbc.msn.com/id/43718212/ns/us_news-the_new_york_times/ Economy faces a jolt as benefit checks run outAs programs are trimmed, reduced consumer spending could slow recoveryhttp://www.msnbc.msn.com/id/43707491/ns/business-us_business/ Presidential candidates warn about compromise in debt dealAs GOP leaders negotiate over federal debt limit, candidates are campaigning against an outcome that involves compromisehttp://www.msnbc.msn.com/id/43698027/ns/politics-the_new_york_times/ P.S.me think Michele Bachmann is a distraction and a mad woman..... hahaha..... more entertainments to come ...... Cheer |
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MasterNg9999
Senior |
12-Jul-2011 00:13
Yells: "Isnt Human center of the universe???" |
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hahaha Member andreytan like that mean no more value in money liao lor..... like lao sai = eat many days then lao in one session ...... hahahaha case of deflation not so simple becos powerful interest group need to buy up the gold and silver first....... kekekeke now US preparing liao .... CCB ... The State of Utah was the first to recognize gold and silver coins as legal tender the legislation passed in May of this year. Since then, 12 other States have recognized the hard currency, including South Carolina. now off to stock up real gold hahahahah Cheer |
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warrenbegger
Elite |
11-Jul-2011 23:34
Yells: "Anyhow Buy Anyhow Die ^_^" |
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Obama is like forcing the loan shark to lend him money. If not, he will pour paint and distrub them everyday! Want to LEND or NOT!!! Is this borrowing or Robbing? Will loan shark surrender and said just rob what U want la, always take and never return :(
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teeth53
Supreme |
11-Jul-2011 23:21
Yells: "don't learn through life, learn to grow with life " |
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" The European Commission said Friday Greece’s debt burden is set to rise to a staggering 166.1 per cent of gross domestic product (GDP) next year, amid strong market speculation that the country will be forced to restructure its debt repayments." The forecast, from the European Union’s Spring Economic Forecast, represented a nearly 20 percentage point rise from 2010, when the public-debt-to-GDP ratio in Greece stood at 142.8 per cent.
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teeth53
Supreme |
11-Jul-2011 22:22
Yells: "don't learn through life, learn to grow with life " |
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What next?. Keeping in mind Aug 2, as.... President Barack Obama is challenging Republican lawmakers to present a debt plan - details, for a smaller-scale deficit reduction program as he attempts to steer them toward his $4 trillion goal, a Democratic aide said. Obama plans to hold a press conference at 11 a.m. in Washington today, his fifth public remarks on the debt in a week, as he presses lawmakers to reach an agreement to raise the $14.3 trillion U.S. borrowing ceiling before an Aug. 2 deadline. The president and bipartisan congressional negotiators agreed to meet every day until they reach a deal, said one legislative aide on condition of anonymity. |
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