[BilboBagend]

Wall street is hopeful, but ready for an economic crash to be caused by House Republicans. People trading in short term T-Bill debt are hysterical. It is CLEAR that failure to increase the debt ceiling and open the government will tank the economy in a huge way. None the less, House Republicans play the create a disaster out of nothing for no good reason game.

[johnforbes]

Clearly, Bilbo is no investor.

The reality is that most markets have been remarkably stable, probably because everybody knows there's zero threat of US default.

There's plenty of debt service revenue coming in every month, so default ain't gonna transpire.

[RealJustme]

Anyone who really thinks there will be a real default is capable of voting for Obama. Those who are owed money will get paid, they may have to wait a few days if the House does the right thing and tells Obama "no deal" but they will get paid. Our Country isn't ran by a third world country leader...uh wait, I need to take that back. :shock:

[BilboBagend]

Clearly, little wannabe faux has no handle on anything financial.

Short term treasury rates are an early warning sign. A sign that some fear that Boehner just might be insane. The most sensitivities element of the markets to this threat. The stability in some markets is purely the belief that no one can be that insane.

It's now a minute by minute anxiety on the part of investors. Investors who don't know where to go.

Stable high yield bonds might be pretty good. You may lose your principle, but you may keep your income if things don't go completely for shit.

[johnforbes]

Clearly, Bilbo doesn't want to compare net worth with me.

[BilboBagend]

Aw, the wittle wannabe faux tries yet again.

How did the wittle wannabe faux make a small fortune. He started with his daddies large fortune.

Please, little wannabe faux. Tell us so,e more of your delusional lies.

[elklindo69]

Anyone who really thinks there will be a real default is capable of voting for Obama. Those who are owed money will get paid, they may have to wait a few days if the House does the right thing and tells Obama "no deal" but they will get paid. Our Country isn't ran by a third world country leader...uh wait, I need to take that back. :shock:

If you don't pay on time, that is a credit default. Plain and simple. If the treasury does not pay out interest or principal in time or in full, it is a really big deal....a really big FUCKING deal!!!

The government is obliged BY LAW to pay all of their debts, on time and in full.

No questions asked........

[RealJustme]

I repeat , anyone who really thinks there will be a real default is capable of voting for Obama.

[BilboBagend]

Sarah Palin:

"If Obama uses the 14th amendment to prevent the U.S. from defaulting he should be impeached, if he doesn't use the 14th amendment to prevent the U.S. from defaulting he should be impeached."

There you have it, bold obvious delusional dishonest bigotry.

[johnforbes]

Bilbo, you use the word "bigot" improperly.

Surely you yourself are not so delusional as to suppose that anybody who disagrees with Obama on anything is a bigot?

[Clownkicker]

johnforbes needs to use a dictionary sometime.

bigot ---": a person who strongly and unfairly dislikes other people, ideas, etc."

It's obvious Palin's comment shows both strong dislike of the idea and an unfair dislike of the idea she was commenting on.
But at least your post was not expressed in a juvenile way. Just an ignorant way.

[johnforbes]

It is incredibly ignorant of liberals to presume that everybody should think the same (i.e., as liberals).

What about diversity?

The only genuine diversity is experiential and intellectual.