Originally Posted by Jesus H Christ

Your friends paycheck is being cut as they are also cut back the US mail to 3 days a week and close more PO's across the the nation.

Anyway, defaulting at this point, irrelevant when Moody's already said we'll be downgraded. It starting to look like political posturing acting like we're going to default to shake the market on purpose. In short, we must cause havoc in the Euro markets and try to crash the ?EUR. As crazy as that sounds it's our last hope because if the world switches the energy currency from the dollar, we're truly fucked.

The downside, a push as the banks rise interest rates from being downgraded that will cause more Americans to default themselves on CC's and their mortgages. If you can pay off your CC's, now's the time to do it.

Anyway, I posted last Friday, get out of the market (if you can) and become liquid as much as possible and hang on to see if this works. In short, this is a well designed circus/drama to shake confidence in the Euro markets. So let's see who blinks first.