posted on Dec, 11 2008 @ 08:28 AM
I said this in another thread I created about the t-bills going into
0 to negative
territory. The US is using them to fund the bailouts, basically taking your money(if you buy t-bills) and sending it straight into the pockets
of foreign governments, companies, and crone CEOs.
Because of this you can bet that the US government is having a hard time drumming up support from creditors. The US credit rating will be dropped to
BBB or lower because we have borrowed so much that paying the interest would be a task that would take several generations before we even started to
nick at the principle.
Mid 2009 the US government
WILL BE IN DEFAULT!
The only people trying to say otherwise at this point are the ones that are buying everything up. Like other banks, Media outlets are covering for the
theft and so is congress. The rest of us, the vast-minority, will be prepared as we have the foresight to see where this is going, and I, along with a
few, will be jumping ship when the time comes, and if you're with me, you even say "huh?" and you'll be talking to yourself.
[edit on 11-12-2008 by projectvxn]