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Uh oh, Okie


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2:28 PM [OKIE OIL MAN] WITHOUT ANY INTEL THIS MORN IT IS DIFFICULT TO DETERMINE WHAT IF ANY EFFECT THE DEBT CEILING CONTRAVERSY WILL HAVE ON THE R/V. THE REASON FOR THE 4 O’CLOCK GOAL FOR AN AGREEMENT IS SO THAT THE WORLD MARKETS OPEN UP ON THE FORE-X AND IF THE TRADERS SEES THAT THE USA MAY HAVE A DEFAULT THAT WOULD AFFECT THEIR CREDIT RATING IT WOULD HAVE AN ADVERSE EFFECT ON WORLDS MARKETS. THIS IS MUCH LARGER THAN JUST A R/V OR DEBT CEILING VOTE. THEIR ARE UNDERLYING FACTORS THAT RUN SO DEEP THAT THE ENTIRE WORLD’S ECONOMIES COULD BE EFFECTED. THE USA HAS THE WORLDS MOST STABLE CURRENCY AND IS THE INTERNATIONAL RECOGNIZED CURRENCY AND IF IT EVEN REMOTELY APPEARED THE DOLLAR WAS UN-STABLE THAT WOULD SEND SHOCK WAVES THRUOUT THE ENTIRE WORLD’S CURRENCY’S VALUE AND THE TRUST FACTOR WHICH UP TILL NOW IN THE FACT THE USA HAS NEVER DEFAULTED ON PAYMENT OF OBLIGATION’S WOULD OR COULD CAUSE THE MOST MAJOR FINANCIAL DISASTER IN HISTORY. SO YOU SEE—WE’RE JUST SMALL POTATOES IN THE GREATER SCHEME OF THINGS AND OUR DESIRE FOR AN R/V—VERY SMALL POTATOES

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These are givens, and they are the reasons for public outrage. However, it doesn't mean the government shouldn't raise the debt ceiling. Standard & Poor's warns there is a 50% chance it will lower the U.S. government's AAA credit rating by one or more levels within three months. S&P said yesterday that even if Congress raises the debt limit in time to avert a default, it might lower the U.S. sovereign rating. Meanwhile, only 55% of respondents in the latest Wall Street Journal poll "say that failing to raise the debt ceiling would be a real and serious problem."

Today's Daily Ticker guest David Walker -- the former Comptroller General of the United States and head of the Government Accountability Office -- says it's imperative both sides of the aisle find a compromise that also sets conditions to lower our long-term debt and get us back on track. If they don't, the rest of us will pay.

Here's what he says will happen if the federal government can't reach a deal:

1. $4 billion-plus a day will come out of the economy.

2. Government and civilian military workers will be laid off temporarily. That will result in penalties for late payment, to be paid by taxpayers.

3. Social security payments will be delayed.

4. No one knows how bad the reaction will be, but Walker is confident it will be negative for the stock and bond markets and the economy.

5. Interest rates will rise. For every 1% rise in interest rates, taxpayers will be on the hook for an additional $150 billion in debt payments. This is on Yahoo finance

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trooper, you are so right. What's going on in our country is no joking matter. From what I have read The S&P think there's a chance to lower the US credit rating even if a deal is made in Washington. It's even more frightening to think the revaluation would have anything to do with these negotiations and/or credit rating of our Great Country. JMO

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All smoke, and it won't be the first time the Dems have done this and tried to blame the Repubs. Remember the limited shutdown when Clinton was prez.? Same ol crapola...but if the Dems don't come up with something fast, this time it will backfire and they will catch the fire for it.

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2:28 PM [OKIE OIL MAN] WITHOUT ANY INTEL THIS MORN IT IS DIFFICULT TO DETERMINE WHAT IF ANY EFFECT THE DEBT CEILING CONTRAVERSY WILL HAVE ON THE R/V. THE REASON FOR THE 4 O’CLOCK GOAL FOR AN AGREEMENT IS SO THAT THE WORLD MARKETS OPEN UP ON THE FORE-X AND IF THE TRADERS SEES THAT THE USA MAY HAVE A DEFAULT THAT WOULD AFFECT THEIR CREDIT RATING IT WOULD HAVE AN ADVERSE EFFECT ON WORLDS MARKETS. THIS IS MUCH LARGER THAN JUST A R/V OR DEBT CEILING VOTE. THEIR ARE UNDERLYING FACTORS THAT RUN SO DEEP THAT THE ENTIRE WORLD’S ECONOMIES COULD BE EFFECTED. THE USA HAS THE WORLDS MOST STABLE CURRENCY AND IS THE INTERNATIONAL RECOGNIZED CURRENCY AND IF IT EVEN REMOTELY APPEARED THE DOLLAR WAS UN-STABLE THAT WOULD SEND SHOCK WAVES THRUOUT THE ENTIRE WORLD’S CURRENCY’S VALUE AND THE TRUST FACTOR WHICH UP TILL NOW IN THE FACT THE USA HAS NEVER DEFAULTED ON PAYMENT OF OBLIGATION’S WOULD OR COULD CAUSE THE MOST MAJOR FINANCIAL DISASTER IN HISTORY. SO YOU SEE—WE’RE JUST SMALL POTATOES IN THE GREATER SCHEME OF THINGS AND OUR DESIRE FOR AN R/V—VERY SMALL POTATOES

I have read OKIE several times and I will bet my next paycheck that this is not OKIE - it's too well written. Okie's grammer, spelling and sentence structure are typically atrocious and this one is not even close.

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2:28 PM [OKIE OIL MAN] THEIR ARE UNDERLYING FACTORS

It should be There and not Their.

It sure looks like our Boy Okie to me.

Hang onto ur paycheck ChopperMike, the Fresh bowl of Cheerios for Psych is on me ! :P

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Funny thing within our own households we cut back and focus on the bare essentials. Our leaders will take us into becoming a third world country before they will take such a stance.

Raise taxes on working folks and cut benefits on those who have worked a life time.

Here is a list of money saving ideas:

1. Stop all foreign aid.

2. Close any park, monument, museum, battleship, aircraft, etc. that does not support itself with ticket sales.

3.Stop military sponsored race cars, ball teams, etc.

4. Stop paying $100.00 + for toilet seats, hammers, and shovels.

5. Stop paying presidents a lifetime salary and all the many perks they get when they leave office.

6. Stop paying Europe for our military post, if they want protection they should pay us.

7. Stop paying for illegals medical, and school benefits.

8. Stop many of these studies we fund such as what makes a hog smell bad.

9. Halt space projects unless we are going to implement Regan' s Star war plan.

10. Get out of Afgan. unless they pay upfront.

11. Stop policing the world and take care of our own.

12.Put troops on the borders instead of foreign countries.

13.Cut retirement benefits for political leaders.

14.Allow permits to build oil refineries in the U.S.

15.Lower taxes.

16. Charge fees for becoming an American citizen.

17. Slow down printing U.S. Currency to increase it's value.

18. Cut federal grants by 50%

19. Raise social security benefits to get the economy moving.

20. Focus on drilling and "Refineries here in the U.S.A.

21. Offer incentives to get our manufacturing back home ----"This marketing and servicing thing did not work out" another failure.

22. Ban things like NAFTA, and all those anti American programs.

If this does not work then look at cutting benefits ---- Americans should be marching in the streets--democrats and republicans are destroying the greatest nation on earth.

P.S. Did I mention make English the national language --- and allow volunteer prayer in our schools, and enforce immigration laws. This was our culture love it or leave it. Every country on planet earth have their cultural standards and religion --- why should "The U.S.A. " be any different?

"MERRY CHRISTMAS' 'GOD BLESS THE U.S.A'., ' N GOD WE TRUST', "DON'T DO THE CRIME IF YOU CANNOT DO THE TIME", 'BUY MADE IN THE U.S.A THE JOB YOU SAVE MAY BE YOUR OWN'

FORCE TERM LIMITS NEVER FOR ANYONE WHO HAS MORE THAN TWO TERMS IN OFFICE

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People the media's milking this story ....the US will not default.....it makes for sensational news and the agents who spread this story ......well it gives much wanted attention and air time.....it some circles that's know as pimping.........

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So, on Friday Okie was convinced that there was going to be some sort of a "big announcement in 48 hours." We Sunday (in Iraq) has now gone past. What was the "big announcement?"

Others say that a "big announcement" will be in 6 or 7 days, but no real clues as to what this big announcement will be, just "hope"

I appreciate that Okie is trying hard to find us positive information for the RV, but it is hard to trust such an abundance of rumours that seldom come true.

Anyone want to clarify this rumour?

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2:28 PM [OKIE OIL MAN] WITHOUT ANY INTEL THIS MORN IT IS DIFFICULT TO DETERMINE WHAT IF ANY EFFECT THE DEBT CEILING CONTRAVERSY WILL HAVE ON THE R/V. THE REASON FOR THE 4 O’CLOCK GOAL FOR AN AGREEMENT IS SO THAT THE WORLD MARKETS OPEN UP ON THE FORE-X AND IF THE TRADERS SEES THAT THE USA MAY HAVE A DEFAULT THAT WOULD AFFECT THEIR CREDIT RATING IT WOULD HAVE AN ADVERSE EFFECT ON WORLDS MARKETS. THIS IS MUCH LARGER THAN JUST A R/V OR DEBT CEILING VOTE. THEIR ARE UNDERLYING FACTORS THAT RUN SO DEEP THAT THE ENTIRE WORLD’S ECONOMIES COULD BE EFFECTED. THE USA HAS THE WORLDS MOST STABLE CURRENCY AND IS THE INTERNATIONAL RECOGNIZED CURRENCY AND IF IT EVEN REMOTELY APPEARED THE DOLLAR WAS UN-STABLE THAT WOULD SEND SHOCK WAVES THRUOUT THE ENTIRE WORLD’S CURRENCY’S VALUE AND THE TRUST FACTOR WHICH UP TILL NOW IN THE FACT THE USA HAS NEVER DEFAULTED ON PAYMENT OF OBLIGATION’S WOULD OR COULD CAUSE THE MOST MAJOR FINANCIAL DISASTER IN HISTORY. SO YOU SEE—WE’RE JUST SMALL POTATOES IN THE GREATER SCHEME OF THINGS AND OUR DESIRE FOR AN R/V—VERY SMALL POTATOES

It AMAZES me! WHY is this demented, pathological and sociopathic liar continuting to be POSTED here???? Even when it serves him NO PURPOSE to lie, he would rather FABRICATE and LIE than tell the TRUTH. Okie is one sick puppy.

But people cannot seem to help themselves but continue to POST him here?? It simply makes NO SENSE!

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It AMAZES me! WHY is this demented, pathological and sociopathic liar continuting to be POSTED here???? Even when it serves him NO PURPOSE to lie, he would rather FABRICATE and LIE than tell the TRUTH. Okie is one sick puppy.

But people cannot seem to help themselves but continue to POST him here?? It simply makes NO SENSE!

Easy their Skybear...it's just entertainment while we sweat it out here....it keeps this investment interesting as we wait, wait....and continue waiting. I think there are few people on DV that believe Okie. Just breathe my friend! th_smiley_two_thumbs_up.gif

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