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Article #765Re: Obama Officials Play Chicken Little With the Debt Ceiling
From: Steve
Date: Mon, 18 Jul 2011 09:58
Date: Mon, 18 Jul 2011 09:58
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3417 bytes
On Mon, 18 Jul 2011 05:22:07 +0000 (UTC), "6139 Dead, 1282 since
1/20/09" <dead@gone.com> wrote:
>On Sun, 17 Jul 2011 22:26:00 -0500, Susan B Free wrote:
>
>> http://www.foxnews.com/opinion/2011/01/06/obama-officials-play-chicken-
>> little-debt-ceiling/
>>
>> Obama Officials Play Chicken Little With the Debt Ceiling By�John�Lott
>>
>> Published January 06, 2011 | FoxNews.com
>>
>> Two years into the Obama administration and the overused tactic of
>> claiming crises to push legislation is becoming tiresome.
>
>Gawd, where does Faux find these fucking morons?
>
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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