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THOUGHT FOR THE DAY!

The U.S. Strategic Bombing Survey, which interviewed 700 Japanese military and political officials after the war came to this conclusion: "Based on a detailed investigation of all the facts and supported by the testimony of the surviving Japanese leaders involved, it is the Survey's opinion that certainly prior to 31 December 1945, and in all probability prior to I November 1945, Japan would have surrendered even if the atomic bombs had not been dropped, even if Russia had not entered the war, and even if no invasion had been planned or contemplated."

 

Is It Time to Bail Out of the US?

California State Controller John Chiang announced on January 26 that California’s bills exceed its tax revenues and credit line and that the state is going to print its own money known as IOUs. The template is already designed.

Instead of receiving their state tax refunds in dollars, California residents will receive IOUs. Student aid and payments to disabled and needy will also come in the form of IOUs. California is negotiating with banks to get them to accept the IOUs as deposits.

California is often identified as the world’s eighth largest economy, and it is broke.

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Submitted by poorrichard on Thu, 01/29/2009 - 05:05
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Comments

1

IOU's

lvillas

Hey, that's it.....I'll just give my grocery store, and the electric company, and the gas company, and the phone company and the mortgage company an IOU!

01/29/2009 - 07:45
2

Hmmm, A foreign conquest, you say.

StingRay

Paul Craig Roberts: "The financial damage inflicted on Americans by their own government is as great as would be expected from foreign conquest."

01/29/2009 - 06:01