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alstry (< 20)

Why can't EVERY FOOL raise their debt ceiling?



July 30, 2011 – Comments (2)

House Passes Bill to Raise Debt Ceiling


If government can raise its debt ceiling to pay politicians and bail out Wall Street with TRILLIONS of dollars....even though it doesn't have the revenues or savings to do it...

why can't every American raise their own debt ceiling to support their family?

In a world where credit is FREEDOM...doesn't every American deserve to be FREE?

Black America needs to set its own debt ceiling

2 Comments – Post Your Own

#1) On July 30, 2011 at 12:46 AM, DukeMooke (< 20) wrote:

They can raise their own debt ceiling.  Its called a credit card.  The more money you owe, the higher the rate.  Same concept as government.

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#2) On July 30, 2011 at 1:04 AM, alstry (< 20) wrote:

Actually you are dead wrong.....government and banks are printing money out of thin air....citizens/people can't do that....and this has NEVER happend before to such scale.

Banks are borrowing for free near free and then loaning to government....and government is borrowing for the lowest rates ever.....because they are loaning the money back and forth to themselves.

Think what would happen if people could borrow $10 million dollars from government for free and loan it back to the government at only 2% by buying government bonds like banks do...

Every American would earn $200K guaranteed just like the average low paid Wall Street banker...and our economy would boom just like it is for Wall Street bankers.

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