[Vision2020] Say What?
Tom Hansen
thansen at moscow.com
Tue Jan 3 14:06:04 PST 2012
"…the United states could be forced to default on its obligations for the first time in its history.
This country now possesses the strongest credit in the world. The full consequence of a default--or even the serious prospect of default--by the United States are impossible to predict and awesome to contemplate….The risks, the costs, the disruptions, and the incalculable damage lead me to but one conclusion: the Senate must pass this legislation before the Congress adjourns."
- President Ronald Reagan in a letter (November 16, 1983) to then-Majority Leader Senator Howard Baker
http://www.usnews.com/opinion/blogs/Peter-Fenn/2011/05/19/reagan-explains-why-raising-the-debt-ceiling-is-necessary
http://www.washingtonpost.com/r/2010-2019/WashingtonPost/2011/05/14/National-Politics/Graphics/reagan_letter_0514.pdf
Seeya later, Moscow.
Tom Hansen
Spokane, Washington
"If not us, who?
If not now, when?"
- Unknown
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