kallend 2,106 #76 July 7, 2015 Boomerdog Quote I wonder where all those fiscal hawks who vote a straight GOP ticciie were at then their "good guy in the white cowboy hat" was putting two wars on a credit card... AND lowing taxes. .it was not a good way to fight a war. ^^^^^^ In addition to several other reasons that it was not a good way to fight a war.... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
Boomerdog 0 #77 July 7, 2015 Quote In addition to several other reasons that it was not a good way to fight a war. Hmmm...other than studying physics and engineering, you've done extensive study on war to comment on the "several other reasons?" Quote Share this post Link to post Share on other sites
kallend 2,106 #78 July 7, 2015 Boomerdog Quote In addition to several other reasons that it was not a good way to fight a war. Hmmm...other than studying physics and engineering, you've done extensive study on war to comment on the "several other reasons?" I'm sure that from a purely military point of view it was just fine.... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
GeorgiaDon 379 #79 July 7, 2015 Quote In 180 years no creditor has turned up on the USA's doorstep and demanded immediate repayment of principal, nor will one do so until the US defaults on a payment, which is highly unlikely unless the loony wing of the GOP forces it. However, the same cannot be said of the state of Mississippi, which defaulted on a loan of $7,000,000 in 1841. That was an enormous amount of money at the time, but with interest it now amounts to several billion dollars. Mississippi dealt with the situation by amending their state constitution to forbid the repayment of the loan. It would never have occurred to me to think of Mississippi as a liberal state. Don_____________________________________ Tolerance is the cost we must pay for our adventure in liberty. (Dworkin, 1996) “Education is not filling a bucket, but lighting a fire.” (Yeats) Quote Share this post Link to post Share on other sites
billvon 3,067 #80 July 7, 2015 >My whole point is the credit unions don't get involved in this crap unlike the big mega-banks. Unfortunately, they use the same financial apparatus as the rest of the country, and operate under the same fractional-reserve paradigms as big banks do. They get their lending rates from the same source, rely on the overall economy to the same degree, rely on the same federal deposit insurance programs, and are just as vulnerable to things like bank runs as big banks are. So while they may well be doing less stupid shit (like heavy reliance on MBS's) they are just as vulnerable to default as a big bank is. In some cases more so, since their pockets are a lot shallower. Not to say they are bad; I use them too. They are just, in general, no safer than a larger bank. Quote Share this post Link to post Share on other sites
