[Info-vax] HP stopping VMS paper documentation ?

[AEF]

On Nov 29, 6:52 pm, Fritz Wuehler
<fr... at spamexpire-201111.rodent.frell.theremailer.net> wrote:
> > >> The U.S. is not bankrupt. It is still paying its bills, and can borrow
> > >> at near zero percent interest rates. That is not bankrupt.
>
> It's bankrupt, morally and financially. But they make the laws and twist
> them and enforce them (or not, depending on if it is or isn't to their
> benefit) and they print the money, they don't have to admit it when they're
> bankrupt.

Can a bankrupt entity borrow money at near-zero percent interest?

>
> > >I was away for a couple of weeks this past summer. Didn't the USA have
> > >to declare bankrupcy or something because the government couldn't pass
> > >some bill authorizing payments ?
>
> They have to reauthorize their borrowing every so often in order to give the
> various lobbys and political parties some leverage or it gets ugly. Or they

What? Having the borrowing limits is ugly. All the fuss trying to make
the deadline was ugly.

> have to wine and dine the Fed management to get them to print more money or
> shred more money, depending on what they're looking for that month.

Really? Ben Bernanke was wined and dined?

>
> The sad part is they're not allowed by the Constitution to budget money for
> a standing army. Aside from midnight basketball programs a standing army is
> about the only thing that has a budget for years into the future.

AEF