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Bloomberg: 'U.S. Can Borrow INFINITE Amount Of Money'

Listen to Bloomberg's controversial debt comments.

'U.S. credit is infinite.  Other countries let us get away with borrowing an unlimited amount of money.'

Warning - Starts playing automatically.


New York Mayor Bloomberg discusses the sequester on his weekly radio show:

"We are spending money we don’t have.  When it comes to the United States federal government, people do seem willing to lend us an infinite amount of money.  Our debt is so big and so many people own it that it’s preposterous to think that they would stop selling us more.  It’s the old story: If you owe the bank $50,000, you got a problem.  If you owe the bank $50 million, they got a problem.  And that’s a problem for the lenders.  They can’t stop lending us more money."


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Reader Comments (15)

Mar 2, 2013 at 12:53 PM | Registered CommenterDailyBail
Wow. And never pay it back? That's class.
Mar 2, 2013 at 1:13 PM | Unregistered CommenterJack Lohman
Jim DeMint, the former South Carolina senator and fiscal hawk, wrote Friday that the White House is making it “seem like sequestration means the end of the world."

But given that the federal budget nearly doubled to $3.5 trillion from $2 trillion between 2002 and 2012, and will swell to $6 trillion over the next decade, DeMint said the cuts don’t go nearly far enough.

Mar 2, 2013 at 2:57 PM | Registered CommenterDailyBail
Really, when you think about this comment, it just affirms everything there is to hate about the current state of affairs for this country. That one of this countries richest men to even verbalize this speaks volumes and should serve as a sign post along the highway to endentured servitude. He should probably get a real job.
Mar 2, 2013 at 3:09 PM | Unregistered CommenterSKINFLINT
Sure. We could follow Bloomberg's Book of Sanhedrin chapter of the Talmud and sell our children to the lizard reptilians of The City of London to maintain a comfortable interest rate. What fun.
Mar 2, 2013 at 4:03 PM | Unregistered CommenterHoward T. Lewis III
Just because this scumbag was able to steal a bunch of money and get away with it doesn't mean the country can do it.
Mar 2, 2013 at 4:42 PM | Unregistered CommenterMr. Mojo
Italy plunged deeper into political chaos this weekend after Beppe Grillo, the quixotic former comedian who holds the balance of power in parliament, suggested that the country may have to abandon the euro and return to the lire.

Mar 3, 2013 at 1:11 PM | Registered CommenterDailyBail
OPM is a way of life for The Chosen. Look at a laundry list of the 2&20 OPM crowd. Lots of bar mitzvahs there...
Mar 3, 2013 at 4:03 PM | Unregistered CommenterJosie

And what...HSBC paid a $1.9 billion fine for massive fraud and drug money laundering..and then they earn $23 billion for the year.

Mar 3, 2013 at 9:14 PM | Registered CommenterDailyBail
Whenever I get a commercial when all I REALLY want to see is the video that follows, I simply TURN THE VOLUME OFF and let it run silently while I do OTHER things, then I come back to the video I WANTED to see & rewind if necessary.

I guess what I'm saying here is FUCK ADS!
Mar 3, 2013 at 9:22 PM | Unregistered CommenterFuck ADs
http://www.youtube.com/watch?v=Yv6kz-QlZno More funny stuff about banks.
Mar 3, 2013 at 9:40 PM | Unregistered CommenterSKINFLINT
I hate video ADs even more than you my friend, and this automatic start feature on the Bloomberg clip is incredibly irritating.
Mar 3, 2013 at 11:17 PM | Registered CommenterDailyBail
Get an adblock extension... Duh


Mar 4, 2013 at 6:31 AM | Unregistered CommenterWallace
Bloomberg; the same one who inferred that the NYPD was a personal army.
Jews say loading up on infinite debt - but when servicing debt fails they come after debtors.....and scheisters like B-berg have their eyes on going on a shopping spree buying national treasures like museums, bridges, monuments and then build more holohoax museums decent people in our nation to view the smoke and mirror displays. I'd say time to throw them all out.
Mar 8, 2013 at 11:04 AM | Unregistered CommenterBig Ben

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