Drudge Retort: Red Meat for Yellow Dogs

The United States is quickly becoming a nation with an unsustainable debt and few sources of revenue. Like any business in the same position, our choices are limited. My suggestion to get us out of this mess is not a new idea. It's been tried countless times through history. I say we sell Taiwan to the Chinese, Georgia to the Russians, Israel to the Arabs and just give Afghanistan to the Pakis. Even if we don't technically own them, they are a liability to us. Treat them the way you would any liability that has more value to someone else than it does you. We would be solvent in no time and like stock, the value of our dollar would go up. Oh, and there's no link to this one, this ones all mine.

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brilliant! [$1.99 sarcasm flag]

This being the simplest of ideas... and the most effective... will sail over the heads of most for some reason.

You can't go mucky-muck across the world and not get a nose-bleed or dozen.

See post no.1.

I told you it would sail over their heads. LOL

Great idea! While we are having a fire sale, sell Canada back to England. After all, they already have ER II on their money.

I agree with this non-interventionist foreign policy, what lying and treasonous progressives call "isolationism." People say we can not slash our defense budget or else the rest of the world will kill us. What people fail to understand is that the U.S., if it continues on it's current track, will die from internal problems. American Exceptionalism doesn't mean we escape the fate of other superpowers or empires if we repeat their mistake. That is a misinterpretation of American Exceptionalism.

England's current offer for Canada is 2 Quid and that includes the Windsor Bridge.

Great idea! While we are having a fire sale, sell Canada back to England. After all, they already have ER II on their money.

We can't do that.

Canada is America's Hat

The U.S. should immediately issue a new $100 bill and only give 14 days to swap existing bills.

Drug dealers hold more than a trillion dollars in cash but can only move $10,000 a day.

After 14 days all their cash will be worthless

The answer to America's Massive and Unsustainable Debt

More $$$?

Anything that is unsustainable will stop, by definition. It'll come crashing down, eventually. Hopefully it'll happen at a time when the baby boomers will personally suffer, since they're the ones who created the problem.

#8 | Posted by vernon

That idea may actually have some merit.

The U.S. should immediately issue a new $100 bill and only give 14 days to swap existing bills.

Drug dealers hold more than a trillion dollars in cash but can only move $10,000 a day.

After 14 days all their cash will be worthless

#8 | Posted by vernon
* * * *

I've been thinking about this for the last hour, looking for flaws, and can't think of one. Tell you what else it would do: it would cause the dollar to soar. If you're taking out 2.2 trillion worth of money in circulation (that's the estimate held by illegal organizations of all types), the currency can only move in one direction, and it would be violently higher.

sell Canada back to England

Actually, since Tony Blair climbed up Bushy junior's bum but Canada turned away because of the smell, ppl here in Canada were wondering if they could buy England back from you.

There are a few British immigrants entering Canada in the last few years. Plus Brit Tories threaten to emigrate to Canada a lot of times when they feel they won't win an election.

Either that, or the US can sell us Florida. Beachfront sunny real estate would be nice for spring break vacations.

#12 | Posted by rightisright

I guess we'd get a glimmer of how much cash is stuffed in mattresses and buried in the back yard, too.

Still on Vern's idea.

How many trillions in hundred-dollar bills are actually in circulation, and how much will it cost to print and swap them?

Should it be done all the way down through 20-dollar bills?

I could see potential for many people to become launderers (for a percentage, of course). But, what great stimulus! It could be very inflationary.

I suppose you could prohibit cash purchase transactions for that period, to help stifle inflation.

I was thinking it would cause massive deflation. You're permanently taking a huge amount of cash out of the economy. Seems like a good idea to me.

You're permanently taking a huge amount of cash out of the economy.

#17 | Posted by JOE

If you can keep the drug lords from spending it in 14 days. I may be wrong, but I think the $10,000.00 limit is on personal deposits, but not purchases.

It's on purchases too. For example, if someone buys a car for more than $10,000 with cash, the dealer has to report the purchase.

But, what great stimulus! It could be very inflationary.

#15 | Posted by Whatsleft
* * * *

No, the opposite. You're making cash more valuable, because there will be less of it.

Legalize weed and whores.


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