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Old 07-29-2011, 07:37 AM  
dyna mo
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Quote:
Originally Posted by IllTestYourGirls View Post
How does he know what will happen if we defaulted? Because he was alive and remembers what happened last time? But I dont know, how he knows. Maybe he knows something about our history.

http://blogs.wsj.com/marketbeat/2011...-we-defaulted/
according to THE resource on the 1979 incident:
Quote:
Zivney is the authority on the ?79 case and has written extensively on it. The lapse was blamed in part on problems with word processors.

This time, Zivney says: "I think it's a real shame because we're saying because we disagree on what we're doing going forward, we're going to put the debt we agreed to on hold. I blame the president here because leadership is lacking in terms of setting priorities."
ronpaul 2012
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