Coming to terms with my feelings. Long, sorry.

Yes, but keep in mind, I'm doing $15 trillion in business this year.

 

Watch the video. His comments pretty much sums up how I feel at the moment. No hysterical rant, just some legit concerns.
http://www.dennismillerradio.com/b/Video:-Miller-in-the-No-Spin-Zone/945239360175900365.html

 

When your creditors begin to lose faith in your ability to pay. Which is different from their faith in your willingness to pay (in case you want to bring up the debt ceiling).

 

Say wha?????

You have heard of U-haul, right?

 

Okay.
I'm not.
Guess we can agree to disagree.
Even Obama claims he isn't okay with the 16 trillion dollar debt.
Me and Obama, we got a lot in common, huh?

 

Obama simply told them the truth, which was under girded by a variety of members of the GOP.

Tsing, why don't you just admit that when this became a social fight, the GOP was fukked?

I told you this last summer.

 

Every politician probably has to say that, since the public thinks of economics in the same way they think of household finance. I imagine the debt the US government has held since he last time (the only time) it owed nothing has always looked huge, unpayable even, in terms of current income. That's where the debt to GDP ratio is a helpful metric. It does not excuse the debt, but it does put it in perspective.

Edit: and I agree to disagree as well. : )

 

Everything you say makes sense, but I cannot get myself to forgive them for their ignorance.

 

Did I say you did, moRon?

 

Imagine a president today, standing in front of the masses, and saying, Ask not what your country can do for you but what you can do for your country".
I'm just curious how the media would portray that guy.