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Re: Weather events 2 

By: micro in POPE IV | Recommend this post (1)
Wed, 13 Sep 17 5:43 AM | 127 view(s)
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Msg. 33929 of 47202
(This msg. is a reply to 33925 by monkeytrots)

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Yes sir Preofessor.

They is the top of the secured creditors period. The secured ones come after the gubmint. You are exactly on point!!!

BUT, whne da gubmint cannot continue to pay an interest payment on the debt, I bet it will just be erased on the books and start over.... Almost would bet the farm on it...

What are the creditors going to do? Sue them? What are they going to get? They don't have anything...

I believe in physical real money in the form of coins.
Not just what our mint stamps out. That always has value..

Silver coins are a great investment. I believe better than gold...

What you think Professor???


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The above is a reply to the following message:
Re: Weather events 2
By: monkeytrots
in POPE IV
Wed, 13 Sep 17 5:38 AM
Msg. 33925 of 47202

On bankruptcy ... hyup - been on the receiving end, in a long line.

But you know who IS exempt from the bankruptcy proceedings, no negotiating down, always first in line - and their debt can't be dismissed or reduced.

You got it in one - the government is exempt from all bankruptcy proceedings - they get all theirs FIRST.

One law for us - but not for them. Hyup - Justice for all. phoooey !


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