CHINA MOVES WARSHIPS TO ALASKAN COAST

[B4EQWASCOOL]

Originally Posted by Ranndom [You must be logged in to view images. Log in or Register.]

Yea they are different, when they come to take your house it wont start a war

Killing someone who owes you money... Smart.

[KagatobLuvsAnimu]

Still no /pol/ thread. Confirmed hoax.

[Hailto]

I like to get high and watch the andy griffith show

[Orruar]

Originally Posted by Ranndom [You must be logged in to view images. Log in or Register.]

Alright, well you dont pay a house payment for long enough and tell me how you're still living in that house.

Have you ever purchased a house? If you had, you'd know that when you do, you sign a mountain of paperwork. Given how attentive you are to details, you'd also know that part of that contract states that if you don't pay the mortgage, you get kicked out.

If the government doesn't pay its "mortgage" (i.e. the bond coupon), it's called a default. If they go into default, there's really nothing the owner of the bond can do. Still, it would wreck the credit rating of the US, and since the government wishes to continue issuing bonds and getting a good price for them, they won't default. Instead, they'll tax us to pay for them, or at worst print money. Regardless, an owner of a bond has exactly 0 claim to any US territory or other government property. Even if the US government tomorrow said "fuck y'all, we're not paying back any of this $18T in outstanding bonds", nobody would get something the government owned.

I gave you far more explanation than your idiot mind deserves, but there it is.

[Ranndom]

Originally Posted by Orruar [You must be logged in to view images. Log in or Register.]

Have you ever purchased a house? If you had, you'd know that when you do, you sign a mountain of paperwork. Given how attentive you are to details, you'd also know that part of that contract states that if you don't pay the mortgage, you get kicked out.

If the government doesn't pay its "mortgage" (i.e. the bond coupon), it's called a default. If they go into default, there's really nothing the owner of the bond can do. Still, it would wreck the credit rating of the US, and since the government wishes to continue issuing bonds and getting a good price for them, they won't default. Instead, they'll tax us to pay for them, or at worst print money. Regardless, an owner of a bond has exactly 0 claim to any US territory or other government property. Even if the US government tomorrow said "fuck y'all, we're not paying back any of this $18T in outstanding bonds", nobody would get something the government owned.

I gave you far more explanation than your idiot mind deserves, but there it is.

That would be true, If the United States of America Inc. weren't legally a corporation.

[phacemeltar]

two things: eminent domain and manifest destiny

until US loses a war, this land wont change hands

[Pokesan]

Originally Posted by Ranndom [You must be logged in to view images. Log in or Register.]

That would be true, If the United States of America Inc. weren't legally a corporation.

new high score

[Efwan]

Lol Ranndom is so bad at this

[Orruar]

Originally Posted by Ranndom [You must be logged in to view images. Log in or Register.]

That would be true, If the United States of America Inc. weren't legally a corporation.

Even if that idiotic statement were true, a corporation that can print the money used to repay its own bonds is a corporation that never has to worry about selling off assets.

[Ranndom]

Originally Posted by Orruar [You must be logged in to view images. Log in or Register.]

Even if that idiotic statement were true, a corporation that can print the money used to repay its own bonds is a corporation that never has to worry about selling off assets.

The Act of 1871 formed a corporation called THE UNITED STATES. The corporation, OWNED by foreign interests, moved in and shoved the original Constitution into a dustbin. With the Act of 1871, the original Constitution for the united States (1788) was defaced in effect vandalized and sabotage when the title was capitalized and the word "for" was changed to "of" in the title
THE CONSTITUTION OF THE UNITED STATES OF AMERICA (1871)
is the constitution of the INCORPORATED UNITED STATES OF AMERICA.