[cruiser] So The United States is broke as of Monday!!!! "Geithner: U.S. to hit debt ceiling on Monday": http://money.cnn.com/2012/12/26/news/economy/debt-ceiling/index.html?hpt=hp_t2
[cruiser] Just seemed like yesterday, it was August 2011 and we were a a Debt ceiling problem... Time flies...
[OILGENRL7] cruiser they can print more money....no probs lol
[cruiser] OILGENRL7 No they cannot.
[cruiser] OILGENRL7 that is what people are not understanding!!!
[cruiser] OILGENRL7 The U.S. has now become Greece. The problem is the IMF nor China will bail the U.S. out.
[OILGENRL7] cruiser they can print it with 2009 mint ad and we wouldnt know the diff
[cruiser] OILGENRL7 No that is not the case. Printing off 1T in acctual FRN's will not do it.
[top_gun] OILGENRL7 can LaGal help us count?????
[OILGENRL7] cruiser they can print it with 2009 mint ad
[OILGENRL7] and we wouldnt know the diff
Read More Link on Right
[OILGENRL7] top_gun i can count to 12
[cruiser] OILGENRL7 No that is not the case. Printing off 1T in accutal FRN's will not do it.
[OILGENRL7] cruiser gah lee cruiser .... push the button
[pianamama63] cruiser so now what happens
[cruiser] OILGENRL7 not ready yet. But it is coming. Everyone thinks the Big O man is coming back for some Fiscal Cliff nonsense, but he is coming back because he just spent tax payers money on vacation and may not be able to pay the bill..
[pianamama63] cruiser Is this where the RV comes in?
[cruiser] pianamama63 Time for a change. Going to wait to see how the markets react tomorrow (they should drop, easily over a 100 points, kind of thinking 200-300 IMO). If they do not, then all of this is true BS.
carol0972] cruiser All of what is BS!
[cruiser] carol0972 The media spectacle. Not the RV.
[carol0972] cruiser cruiser Thank God for that!!
addylou] cruiser so what's your thinking on where we are
[cruiser] addylou With this investment, do not have one. With the U.S., there are major problems.
[findmoney] Dont let the fiscall cliff crap get to ya. Most countries have gone off that already. 16 trillion is a number no one can even fathom. Their just playing tiddy winks on this for a new deal to roll out
Precious] December 26, 2012 Geithner: US Will Hit Debt Ceiling On December 31 Treasury Secretary Tim Geithner warns that the U.S. will reach the statutory debt limit on Monday, December 31, reports Bloomberg. This was communicated in a letter to Senate Majority Leader Harry Reid. This timeline is basically in line with expectations. Geithner writes that the Treasury will take extraordinary measures to make $200 billion of room under the limit, which should last two months in "normal circumstances."
[Precious] Drake rumor says Geitner will spill the beans on all before he leaves office going to EU...job from daddy so he will be safe. Says he will testify against them all with documentation. Banks going bust.........food stamps....fiscal cliff.....debt limit.........waiting on all people to get back to work to round them up after Tim unloads. During the next 60 days
[hopeful2&2] Precious lol he better be careful, don't ya think lol
hub] Precious timmy better watch who he speaks of, may not be able to find him.............................just talking about unscroupoulus characters ....................
[Precious] Central banks have bought 426.5 tons of gold so far this year. Iraq quadrupled its gold holdings to 31.07 tonnes over the course of three months between August and October, data from the International Monetary Fund showed on yesterday.
[Precious] Remember, the price of gold really doesn’t go up or down. It’s very stable. Most people think that gold has gone up over the last 10 years, what has really happened is that the U.S. dollar has gone down. Gold Vs Us Dollar We perceive the drop in the value of the dollar in terms of how many dollars it costs to buy goods and services today versus back in 1971 when the dollar was on the gold standard. In 1971, a loaf of bread cost $0.25 but today it costs $1.15. In 1971, a gallon of gas cost $0.36 but today a gallon of gas costs $3.90. In 1971, a postage stamp cost $0.18 but today a postage stamp costs $0.45. In 1971, a new house cost $40,000 but today a new house costs $165,000 even after the biggest decline in real estate prices even with the Great Recession of 2008. You can read more about how inflation has impacted the costs of goods and services at inflation adjusted price of gold.
[okrocks] YAHOOOOOOOO Baghdad, Erbil and declare having reached a comprehensive agreement in the security file management in disputed areas Wednesday, 26 December 2012 18: 38 The Department of Defense announced in the federal government reaching a comprehensive solution with the Kurdistan Regional Government
[okrocks] over the administration of the security file in the disputed areas. The defense minister said agency Saadoun al-Dulaimi in a joint press conference with the Minister of Peshmerga Sheikh Jaafar Sheikh Mustafa held in the capital Baghdad after the joint meeting between the delegations of the two sides
[okrocks] on Wednesday, "had been reached a comprehensive agreement between the two governments on the management of the security file and remove all the tensions in the disputed areas ". He added that "a delegation from Baghdad would travel to Arbil on Sunday to sign the final agreement." http://alliraqnews.com/index.php?option=com_content&view=article&id=62992:2012-12-26-15-38-25&catid=41:2011-04-08-17-27-21&Itemid=86
[flashing] GCC calls on Iraq to implement all UN resolution including issue of maintaining border signs between Iraq and Kuwait The Gulf Cooperation Council said in a statement received “Twilight News” a copy of it, that Iraq should implement Security Council resolutions, including the completion of the issue of the maintenance of border signs between Kuwait And Iraq. http://bit.ly/RSho9h
[childofgod] flashing - What happened to the articles and rumors?
pamsue] flashing so thats very good news
[flashing] again as i said previously no border agreement no rv. Maliki apparently gave his word and now is hesitating but a lot of countries are getting very upset with him. if the agreement is signed by both parties we will see the rv very very soon. Un has to make a decision on Monday. So lets wait and see.
[xyz] Iraq inaugurates $169 million power plant The plant entered into service on Tuesday after 18 months under construction, he said, adding that it is expected to add 330 megawatts of electricity to the national grid on a daily basis. "Opening the new plant will reduce the number of hours electricity is cut off for citizens in central and southern Iraq,"