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On Friday, Geithner formally asked Congress to raise the $12.1T debt limit so "investors here...

On Friday, Geithner formally asked Congress to raise the $12.1T debt limit so "investors here and around the world can remain confident that the United States will always meet its obligations." The existing limit could be breached as soon as mid-October.
Comments (10)
  • I need more cowbell
    , contributor
    Comments (111) | Send Message
     
    I guess I missed the part about there being no obligation not to bankrupt it's citizens, the country's future ( further still ), etc. Let's strike a deal with China. They can have back their lead-soaked painted toys, tainted and/or fake food, flawed steel, just their shoddy crap in general; and, we will accept back in return our so-to-be worthless bits of paper.
    Seems fair.
    Hey, Timmy, how's that house sale going? I guess the mark-up for a world-reknowned tax cheat isn't exactly like the mark-up for a real celebrity.
    10 Aug 2009, 06:03 AM Reply Like
  • Raloute
    , contributor
    Comments (20) | Send Message
     
    "raise the $12.1T debt limit so "investors here and around the world can remain confident"

     

    Really, is that a joke ?

     

    I now feel much more confident. lol
    10 Aug 2009, 06:26 AM Reply Like
  • Master Che
    , contributor
    Comments (106) | Send Message
     
    The last deal with China the U.S. invaded Iraq.....
    10 Aug 2009, 06:27 AM Reply Like
  • herbert hoover
    , contributor
    Comments (2005) | Send Message
     
    "Raise the debt limits" so GS can continue to rape the US taxpayers.
    10 Aug 2009, 06:43 AM Reply Like
  • 2houndz
    , contributor
    Comments (302) | Send Message
     
    Maybe people whose debt load looks suspect should borow more money. If a guy is having trouble paying his $400K mortgage then clearly he should borrow another $200K. This will help the lender rest easier and with more confidence.
    10 Aug 2009, 06:59 AM Reply Like
  • Schweizer
    , contributor
    Comments (276) | Send Message
     
    That's like asking your drug dealer if he'd allow you to buy more drugs.
    10 Aug 2009, 06:59 AM Reply Like
  • youngman442002
    , contributor
    Comments (5131) | Send Message
     
    Its the stupidist comment I have ever heard.. Lets see it the talking heads FINALY see thru this charade.
    10 Aug 2009, 07:11 AM Reply Like
  • Neil459
    , contributor
    Comments (2644) | Send Message
     
    If congress can just raise the debt limit anytime they want, then why have a debt limit.

     

    I have another idea, why not cut spending to keep the govern within the mandated legal spending caps.
    10 Aug 2009, 07:55 AM Reply Like
  • cgodwin
    , contributor
    Comments (7) | Send Message
     
    I just borrowed a few more dollars and added to my checking account... Boy, that account looks good, feels good, and my wife can now rest easy knowing we have all that money in the bank...
    10 Aug 2009, 12:54 PM Reply Like
  • Neil459
    , contributor
    Comments (2644) | Send Message
     
    On Aug 10 12:54 PM cgodwin wrote:
    > I just borrowed a few more dollars and added to my checking account...
    > Boy, that account looks good, feels good, and my wife can now rest
    > easy knowing we have all that money in the bank...

     

    Not me, I learned from the government that its ok to just break into the neighbors house and take what I want. That way I never have to worry.
    10 Aug 2009, 08:21 PM Reply Like
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