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Unread 09-04-2011, 11:06 PM   #1
ChroniC588
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Default A Bunch of Morons in Washington

“A Bunch of Morons in Washington”: Howard Davidowitz Handicaps the Debt-Ceiling Debate | Daily Ticker - Yahoo! Finance
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Unread 09-04-2011, 11:08 PM   #2
ChroniC588
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That's the key....the debt will need to be restructured.

We will need to close and settle cents on the dollar to move forward. We CANNOT think we can settle all this bad debt at full face value.

Sooner we realize and accept this...sooner we move forward. Someone's gonna get hurt and might as well be the debt holders across the entire world.

It will hurt though...this will hurt ALOT. But the pain has been accumulating and is due.
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Unread 09-05-2011, 12:17 PM   #3
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don't worry uncle Alan has it covered.
the YT comments are hilarious

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Unread 09-05-2011, 02:44 PM   #4
ArchangelX
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That's a dumb caption right thar.
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