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Old 08-09-2011, 03:50 AM   #8
tutkarussia

Join Date
Oct 2005
Posts
378
Senior Member
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Clearly they felt the risk outweighed the relevance of a $2 trillion dollar math error.

Here's an explanation seemingly from S&P:



S&P Explains Why The "$2 Trillion Error" Is Irrelevant | ZeroHedge
I agree it is irrelevant--when we're talking about 21 trillion in red ink in 10 years.

Clinton spent 432 million a day
G.W. Bush spent 1.6 BILLION a day
Barack Obama is spending 4.3 BILLION dollars a DAY

And then Obama has the audacity--after he was warned over a year ago that this downgrade was imminent--if he didn't stop--to blame everyone else--but himself.

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