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Old 07-02-2009   #12
DurangoSteve
 
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Profile:  Durango, Colorado
Paddling Since: 2001
Join Date: Jun 2006
Posts: 1,721
Quote:
Originally Posted by mr. compassionate View Post
Don't even try and compare the two administrations. Bush was a staunch fiscal conservative in comparison. Were the Chinese, Japs and Brazilians worried of US debt defaults up until the last 5 months.
Japs? C'mon, that's pretty neanderthal, even by your "standards."

Take a look at this chart and tell me that our foreign creditors just got nervous about default. I need a laugh.

http://www.treas.gov/tic/mfh.txt
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