https://blogs.lotterypost.com/jap69/2011/7/debt-problem.htm JAP69's Blog: Debt problem en-us Lottery Post RSS Generator https://blogs.lotterypost.com/jap69/2011/7/debt-problem.htm#c65605 https://blogs.lotterypost.com/jap69/2011/7/debt-problem.htm#c65605 Sat, 30 Jul 2011 23:44:56 GMT MADDOG10 That's exactly what this Government is doing..!<br

]]> MADDOG10 https://blogs.lotterypost.com/jap69/2011/7/debt-problem.htm#c65529 https://blogs.lotterypost.com/jap69/2011/7/debt-problem.htm#c65529 Fri, 29 Jul 2011 18:40:48 GMT sully16 Diverting the problems of big government mis-mangement and blaming the wealthy is getting old and tiresome, they continue to shift the blame ,only American aren't as stupid as they like to think.<br />The only people who want us to sacrifice are the people most eager to rob us blind.

]]> sully16 https://blogs.lotterypost.com/jap69/2011/7/debt-problem.htm#c65524 https://blogs.lotterypost.com/jap69/2011/7/debt-problem.htm#c65524 Fri, 29 Jul 2011 15:18:55 GMT JAP69 America, the land of opportunity. At least it use to be.

]]> JAP69 https://blogs.lotterypost.com/jap69/2011/7/debt-problem.htm#c65523 https://blogs.lotterypost.com/jap69/2011/7/debt-problem.htm#c65523 Fri, 29 Jul 2011 14:31:11 GMT scorpio they want us all to suffer,sacrifice,cut back,while the wealthy go on with their lives like nothing has happened and are happy,enjoying their yachts,airplanes,and fancy cars!

]]> scorpio https://blogs.lotterypost.com/jap69/2011/7/debt-problem.htm#c65519 https://blogs.lotterypost.com/jap69/2011/7/debt-problem.htm#c65519 Fri, 29 Jul 2011 13:32:20 GMT JAP69 They say Pres Clinton ended up balancing the budget. This administration can do the same.

]]> JAP69 https://blogs.lotterypost.com/jap69/2011/7/debt-problem.htm#c65516 https://blogs.lotterypost.com/jap69/2011/7/debt-problem.htm#c65516 Fri, 29 Jul 2011 12:58:46 GMT JAP69 I seen a headline on drudge where tea partiers may be shaking up the establishment in DC.

]]> JAP69 https://blogs.lotterypost.com/jap69/2011/7/debt-problem.htm#c65514 https://blogs.lotterypost.com/jap69/2011/7/debt-problem.htm#c65514 Fri, 29 Jul 2011 12:47:45 GMT sully16 Good common sense, but you can't destroy a government or it's currency by using common sense. seems like they are puposely trying to de-value the dollar.

]]> sully16 https://blogs.lotterypost.com/jap69/2011/7/debt-problem.htm https://blogs.lotterypost.com/jap69/2011/7/debt-problem.htm Fri, 29 Jul 2011 12:44:17 GMT JAP69 I am not an economist but to pay the current monthly obligations or any monthly obligation when credit is available I can see one option.

With debt due in full plus interest and the monthly revenue the gov't takes in they need to cut expenses to cover the interest. Pay the full obligation plus interest with expense cutting to cover interest. Immediately sell new debt bonds or notes to cover the principle paid prior.

With the Gov't bailing out these financial institutions they could help in this matter.

Pay off, sell new bonds or notes, Debt limit not increased.

It will need to be a timely maneuver on the paying and reborrowing. Better make sure they have buyers for new bonds or notes.

Now they will need to get their budget in order on cutting here and there to operate with only revenue taken in and to pay down the principle.

They are not going to like cutting here and there. When in debt you work your way out of it.

I seen a headline this am where bondholders are going to be priority. Pay the bonds and reborrow.

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