Listening to “President Obama Delivers Remarks at FEMA Headquarters” (youtube.com/user/whitehouse).
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*Off-topic rant:
Well, I don’t think America could possibly default by not paying its bills.
What I did imagine earlier today was that America is too big/powerful to “borrow” from foreign nations/whatever. That’s like a bully taking candy from a baby.
Businesses and governments can work together. I’m sure investors have something to do with this mess, too. I guess they don’t have all that much “Full Faith and Credit” anymore. That’s too bad.
As mentioned in my old blog entry, we speculate/guess/assume that “premiums” paid into Obamacare scheme could probably/possibly help “fund” these potential “defaults” and possibly recoup wherever taxes are fall short as revenue to the government; since some people are under/unemployed – too poor to buy items and services.
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