The Mudcat Café TM
Thread #139355   Message #3197033
Posted By: Donuel
27-Jul-11 - 11:40 PM
Thread Name: BS: The Republican Default Crises
Subject: RE: BS: The Republican Default Crises
gnu suggested that their could be a less than obvious conspiracy to make someone some big money.

The Gold market could make 25 cents on the dollar , if you sold in time once it settled down. I noticed that the Senate Hearings on the BOnd and Security Rating Agenices weren't asked much about Credit raters collusion to give junk bundled mortgages and derivitives and credit default swaps AAA ratings.   Instead talk turned to thier actually threatening to lower America's rating even if we do pass a debt ceiling. WHo the fuck are they? You can bet with threats like that they hope to have more people currying thier favor with bribes, slush funds, junkets...Whadda bunch of lieing greedy mother fuckers.

If Obama saves the world with an emergency action I can already see FOX types hyperventilating as they cry for impeachment and treason and dictator ad infinitum. Go ahead Impeach him. The Senate will throw it out. The right wing court is gonna reverse the decision to throw the world economy in the toilet??? I don't think so.

Meanwhile every contractor, every administrator and beaureaucrat does not have the slightest idea who or how anyone is going to be paid. I bet the heart attack rates go up in DC this weekend.