[Vision2020] A Thought to Ponder

Tom Hansen thansen at moscow.com
Tue Jul 19 17:34:48 PDT 2011


“The full consequences of a default – or even the serious prospect of default – by the United States are impossible to predict and awesome to contemplate. Denigration of the full faith and credit of the United States would have substantial effects on the domestic financial markets and the value of the dollar.”

- President Ronald Reagan on raising the debt ceiling (September 26, 1987)
http://www.washingtonpost.com/business/economy/dire-warnings-on-debt-limit-hark-back-to-reagan/2011/05/14/AF0PJp3G_story.html

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Seeya round town, Moscow.

Tom Hansen
Moscow, Idaho
 
"The Pessimist complains about the wind, the Optimist expects it to change and the Realist adjusts his sails."

- Unknown

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