Detailed market commentary at The Market Ticker and Ticker Classics
(The Year 2012 In Review)
Donations accepted; we offer GOLD ACCESS for enhanced privileges. T-Shirts, caps, coffee mugs? Click here.
BlogTalkRadio - Mondays at 3:30 Central - Yes, TickerGuy has a radio show (kinda)
RSS available You are not signed on; if you are a visitor please register for a free account!
|MarketTicker Forums Single Post Display (Show in context)||
User: Not logged on
|User Info||Did Treasury Just Strategically (Intentionally) Default?; entered at 2011-07-01 19:40:55|
Corn what effect do you think that is going to have on everyone else when the economy collapses from decreased spending. Not saying the spending shouldn't be cut but the damage is not going to be localized. Just sayin'
It's money that should never have existed in the first place. It's a thirty year ponzi scheme that produced a huge sugar high.
I don't know what to tell people. You get the government you deserve in a democracy. I really don't feel bad for people who are relying on Social Security.
On January 31, 1940, the first monthly retirement check was issued to Ida May Fuller of Ludlow, Vermont, in the amount of $22.54. Miss Fuller, a Legal Secretary, retired in November 1939. She started collecting benefits in January 1940 at age 65 and lived to be 100 years old, dying in 1975.
That should set off alarm bells for anyone not in a coma!!!!