Originally Posted by Jesus H Christ

Some of the shit you come up with... The 14th Amendment!

Section 4 of the 14th amendments confirms the legitimacy of all United States public debt appropriated by the Congress. It also confirmed that neither the United States nor any state would pay for the loss of slaves or debts that had been incurred by the Confederacy. For example, several English and French banks had lent money to the South during the war. The Supreme Court ruled that under Section 4 voiding a United States government bond "went beyond the congressional power.

It's simple, the American people are sick of our government putting their personal agenda ahead of what the people want/need. Obama wants a second term and has no problem running up more debt to stay in office. The republicans know this and with a high probability the economy is going to crash, as a democrat is in office and then use this as a platform to run on reform or whatever. In short, the Republicans are so desperate for power they'll run the risk of tanking the economy to be in a position to grab power.

We are in serious trouble and the best thing is for the market to crash so we can start over and build a more solid system with new laws about lending and credit. Sadly, this will never happen and we will go the way of Japan and slowly bleed to death because of Government leaders are pussies with their primary objective, stay in office.

The Government and Americans are too far in debt to ever have past market growth. It needs to crash.