Comments on: U.S. default deniers could get what they wish for http://blogs.reuters.com/breakingviews/2011/06/09/u-s-default-deniers-could-get-what-they-wish-for/ Sun, 28 Apr 2013 15:49:48 +0000 hourly 1 http://wordpress.org/?v=3.4.2 By: captbeau http://blogs.reuters.com/breakingviews/2011/06/09/u-s-default-deniers-could-get-what-they-wish-for/comment-page-1/#comment-7798 captbeau Tue, 21 Jun 2011 15:48:11 +0000 http://blogs.reuters.com/columns/?p=6203#comment-7798 The mere fact that we are actually discussing the possibility of the United States of America defaulting on it's debt obligations is the most frightening think I have ever experienced in my lifetime. Shame on our elected officials for letting it get this bad. All the while showering themselves with bigger staffs and saleries, world-wide junkets (a/k/a boondoggles), lifetime pay and medical insurance, yadda, yadda, yadda. It's disgusting. The mere fact that we are actually discussing the possibility of the United States of America defaulting on it’s debt obligations is the most frightening think I have ever experienced in my lifetime. Shame on our elected officials for letting it get this bad. All the while showering themselves with bigger staffs and saleries, world-wide junkets (a/k/a boondoggles), lifetime pay and medical insurance, yadda, yadda, yadda. It’s disgusting.

]]> By: breezinthru http://blogs.reuters.com/breakingviews/2011/06/09/u-s-default-deniers-could-get-what-they-wish-for/comment-page-1/#comment-7769 breezinthru Tue, 14 Jun 2011 10:34:50 +0000 http://blogs.reuters.com/columns/?p=6203#comment-7769 I could see the government allowing a technical default regarding American debt in order to blur the lines regarding what constitutes a default. Those blurred lines might also be of assistance in Europe as ECB/IMF/EU tries to resolve their debt issues. It would be a dangerous game but the conventional, honest approach to world finance is set to yield dangerous results, as well. I could see the government allowing a technical default regarding American debt in order to blur the lines regarding what constitutes a default. Those blurred lines might also be of assistance in Europe as ECB/IMF/EU tries to resolve their debt issues.

It would be a dangerous game but the conventional, honest approach to world finance is set to yield dangerous results, as well.

]]> By: zotdoc http://blogs.reuters.com/breakingviews/2011/06/09/u-s-default-deniers-could-get-what-they-wish-for/comment-page-1/#comment-7743 zotdoc Fri, 10 Jun 2011 16:12:21 +0000 http://blogs.reuters.com/columns/?p=6203#comment-7743 Has anyone actually suggested that we default on our interest payments? I thought the debate was over the debt limit. If the debt limit is not increased the Govt still has plenty of money to pay our creditors, they will just be forced to cut some of the numerous duplicative programs. If I were a creditor, I would not be happy that the person who owed me money was borrowing ever more money to pay me, so the loss of confidence is already happening regardless of wich way the vote goes. Has anyone actually suggested that we default on our interest payments? I thought the debate was over the debt limit. If the debt limit is not increased the Govt still has plenty of money to pay our creditors, they will just be forced to cut some of the numerous duplicative programs. If I were a creditor, I would not be happy that the person who owed me money was borrowing ever more money to pay me, so the loss of confidence is already happening regardless of wich way the vote goes.

]]> By: DrJJJJ http://blogs.reuters.com/breakingviews/2011/06/09/u-s-default-deniers-could-get-what-they-wish-for/comment-page-1/#comment-7728 DrJJJJ Thu, 09 Jun 2011 16:07:22 +0000 http://blogs.reuters.com/columns/?p=6203#comment-7728 This is should be on the negotiating table: 4 Day work weeks (32 hrs) for many if not most public employees would save big, save jobs, it's the green thing to do, boost productivity, etc! 20%+ of private sector jobs now are PT/Temp-should be much closer to the same in the public sector! 1 out of 5 work in government now-more than manufacturing and construction combined (fact!)! Also, too many empty suits in management in the public sector with 6 figure income for life! Think lean or the tax payers will get mean! This is should be on the negotiating table:
4 Day work weeks (32 hrs) for many if not most public employees would save big, save jobs, it’s the green thing to do, boost productivity, etc! 20%+ of private sector jobs now are PT/Temp-should be much closer to the same in the public sector! 1 out of 5 work in government now-more than manufacturing and construction combined (fact!)! Also, too many empty suits in management in the public sector with 6 figure income for life! Think lean or the tax payers will get mean!

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