Article View: boulder.general
Article #651Re: Obama Officials Play Chicken Little With the Debt Ceiling
From: Steve
Date: Tue, 19 Jul 2011 22:13
Date: Tue, 19 Jul 2011 22:13
48 lines
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3149 bytes
On Tue, 19 Jul 2011 14:46:28 -0700, "6139 Dead, 1282 since 1/20/09"
<dead@dead.net> wrote:
>
>
>Got news for you, asshole: this is still a Democracy, and stuff
>doesn't happen just because a small pack of whorish little bought-off
>morons like yourself scream that it should.
<LOL> Need I say it?
Irony anyone?
It's clear that finance and economics will never be the
strong suits of Jamieson or Shook. See below:
"companies are literally hoarding "cash." And by
definition, if they have the cash, it's not in
circulation. Money is zero-sum, which means, every
dollar a company holds onto is a dollar that isn't
in circulation. "
--Milt Shook
.
http://groups.google.com/group/alt.society.liberalism/msg/a3be1dd3b08297bb?hl=en
"Bubbles, YOU'RE the one saying if we take money out of
general circulation, the economy will improve."
--David (Zepp) Jamieson stupidly claiming that corporate
cash reserves "take money out of circulation"
.
http://groups.google.com/group/alt.fan.rush-limbaugh/msg/9d77036a53c7a52c?hl=en
Canyon Note:
There's two kinds of cash... there's currency and then there's
non-currency cash like your checking and saving's account,
and the cash equivalents... only currency is what can be taken
out of circulation, whle the noncurrency cash is only a
reference to some unspecified currency, which, of course,
is in circulation.
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