Talk of The Villages Florida - View Single Post - Geithner to Congress - RAISE THE DEBT LIMIT
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Old 08-11-2009, 09:38 AM
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Default For reference....no increases ever requested in the past

have ever been turned down.
At some point even the foreign investors are going to become uneasy with the USA just opting to raise it's debt limit to assure funding for their investments.

On that basis we could all get our portfolios back to where they were when the DOW was at 14,000 all we need to do is fund the investments with increased credit card spending. There should be no problem knowing the banks will be good for it. And we will all feel much better. Why not? It is what the government is doing. Of course I am being caustic (which does happen on rare occassion).

btk