Monday, July 25, 2011

The Debt Ceiling debate on Talk Shows

A wise investor will do way better buying United States treasuries like the U.S. 30 year bond then buying bad paper from Wall Street.

Last time I looked it was the United States government that bailed out Wall Street and banks all over the world. Now the same people who were bailed out are whining about US debt levels and the government's ability to pay. The real question is how soon will these whiners be asking for another loan when markets correct?

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