On 3/12/2011 1:41 PM, Rich Grise wrote:
John R. Carroll wrote:
Shall not be infringed wrote:
On Mar 12, 10:58 am, jim"sjedgingN0Sp"@m@mwt,net wrote:
Shall not be infringed wrote:

My taxes are down. We need to cut the **** out of gov't spending.

Why?
Do you have any clue why you want reduced govt. spending?

Yes. We're broke.

American consumer net worth is $70 trillion dollars.
Public debt is $14 trillion dollars.
The unfunded liability of Social Security is ZERO by definition.
The only thing broke is your brain.

I'm wondering what's going to happen when China forecloses?

Thanks,
Rich


We tell them that we're broke, we don't have the money to pay them back
and they're out of luck. They took a risk loaning us the money. We can't
pay it back so they lost their investment. Last, we tell them "life's
not fair".

Hawke