100 US cities threatened by $2 Trillion debt crisis

Thank you LimitDown for the list of "accomplishments". I just rather agree, but I can't hardly stomach all of the earmarking, illogical reasoning, and mismanagement with which the crises has been met.

"As you know, you go to war with the Army you have. They're not the Army you might want or wish to have at a later time."-- Defense Secretary Donald Rumsfeld

It doesn't look to me like the management of the country has gotten any better, IMHO.
 
Quote from trefoil:
Read that yesterday afternoon, thought about this silly thread, and chuckled.
The OP seems to specialize in these Chicken Little threads. What's worse is how many members seem to eat this stuff up like it's fresh cheesecake rather than stale breadcrumbs.
More...
Yeah, it appears that in the world of financial analysts and journalists (and online trading forums) shock, fear-mongering and exaggeration is what sells. Moreover, Whitney's record after her Shittygroup call has been mediocre, at best. So, to be honest, her more outrageous recent predictions are starting to look increasingly like desperate publicity stunts.
 
Quote from Martinghoul:

Yeah, it appears that in the world of financial analysts and journalists (and online trading forums) shock, fear-mongering and exaggeration is what sells. Moreover, Whitney's record after her Shittygroup call has been mediocre, at best. So, to be honest, her more outrageous recent predictions are starting to look increasingly like desperate publicity stunts.
More...

I was more interested in the girl on girl action going on at CNBC.... especially with the talk about debt servicing.

This muni-moaning is just starting.

Joe Mysak is just frustrated that he didn't get the obligatory reach-around that is so common amongst mutual Wall Streeters.
 
Quote from psytrade:

I was more interested in the girl on girl action going on at CNBC.... especially with the talk about debt servicing.

This muni-moaning is just starting.

Joe Mysak is just frustrated that he didn't get the obligatory reach-around that is so common amongst mutual Wall Streeters.
More...

Bloomberg's babes are better.
 
Read that yesterday afternoon, thought about this silly thread, and chuckled.
The OP seems to specialize in these Chicken Little threads. What's worse is how many members seem to eat this stuff up like it's fresh cheesecake rather than stale breadcrumbs.
_______________________________________________________

There is a lot of truth to the Chicken Little Threads.

Keep your eye on 2011 and lets see what happens.
 
Quote from EMRGLOBAL:

Read that yesterday afternoon, thought about this silly thread, and chuckled.
The OP seems to specialize in these Chicken Little threads. What's worse is how many members seem to eat this stuff up like it's fresh cheesecake rather than stale breadcrumbs.
_______________________________________________________

There is a lot of truth to the Chicken Little Threads.

Keep your eye on 2011 and lets see what happens.
More...

we are set to explode out of the ashes,

what with all that gasoline (stmulus funding), and all these smokers in the room

look for a strong US Dollar and $40 oil also
 
if you live in Ca and do not think this is going to collapse and do not think that CA will have to default, you do not know what is going on.

Note, back in 2003 jim rogers said fannie mae was a going to collapse... he was called chicken little. He was right. When something is as out of balance as CA, logic... does not apply.

CA may get bailed out, for now...
we do not know when but they will default.

the argument that a state will not default on it own citizens.. seems to misunderstand that the democrats in CA are not like your old line democrats... they are plenty of socialists who despise people with enough money to hold bonds.

The CA dems will find a way to default on the bonds and keep spending until it all collapses.

If the people start to vote for fiscal responsibility then I will change my opinion.
 
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