Question

If we borrow 7 trillion dollars to just pay off bad debts to a world in a depression, then where do we borrow to pay back the 7 trillion?

The U. S. Mint. Actually, I think the precise answer is the Bureau of Engraving since they print money.

Money backed by nothing printed out of thin air. So with all that additionaly currency in circulation guess what happens to the value of the dollar?

I thought you already answered your own question - thin air.

OC,
In your opinion, can the USA pull out of this morass? (Also, do you know the cure for morass?)

AA

Yes. I would prescribe vigorous exercise?

A question for you? Budget Director-designee Peter Orszag, budget savant or purveyor of a cheap wig hat?

ohio county wrote:Yes. I would prescribe vigorous exercise?

A question for you? Budget Director-designee Peter Orszag, budget savant or purveyor of a cheap wig hat?

If West Virginians can eat roadkill, then Orszag can wear it!

Very thrifty! That's a good thing for a budget director-designee.

OMG TRUE STORY!

This summer one Sunday evening my neighbor came over and asked if I'd give his wife a ride to Advanced or some autoparts store in Teays Valley. (Qutie a haul from here) I took her, I figured it was better than loaning her my car.

On the way back there was this possum crossing the road and I slowed down to let it cross safely. She says to me, "What are you breaking for that possum for?" I told her because I didn't want to kill it. She says to me, "Stephanie, you just hit the damn things if you can. Throw it in your trunk because they make a pretty good meal. I like the gravy better than squirrel gravy."

Believe me when I tell you she wasn't kidding.

I wish I were better with graphics. I'd put this possum on Peter Orszag's head...

OMG I forgot about that thing, Jim!

Maybe he can talk Cheney into staying on, too. He can teach Biden how to scowl and comb his hair to look more natural.

....................... and about quail hunting safety, too.

Quail hunting and dealing with Rummy because he's probably coming back, too!