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popeye1250 -> RE: Pelosi is an idiot (4/1/2008 6:45:53 PM)
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quote:
ORIGINAL: UtopianRanger quote:
ORIGINAL: PlayfulOne quote:
ORIGINAL: UtopianRanger The Olympics.... Hell, I'd revoke their ''most-favored-nation'' status and bring the toothpick factories back home to America. - R As if thats gonna happen. Then they would stop buying the bonds and notes that George uses to pay for his war. Nope, George wouldn't do anything to upset that cart. K Well....with an ''inter-bank'' lending rate at 2 1/4 - 2 1/2 percent, there's no reason for foreigners to invest in our bond market. But if you're talking about accepting our currency for the purchase of manufactured goods...I get your drift. But keep in mind, whether we revoke that status or not, the Chinese are slowly divesting their greenback holdings. And that’s not going to stop. I'm sure you're well aware of that old adage that says '' If you owe the bank sixty-thousand dollars - you're in trouble. But if you owe the bank sixty-billion dollars - They're in trouble.'' That holds true, brother. [:D] - R Ranger, yup, we're to the point right now that if you buy anything from China or Walmart you're simply directly hurting yourself right now. As for Pelosi like I've said before, we need to start "hiring" congressmen and presidents not "electing" them. As for "senators" they are more of a hindrance than a help anymore.
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