Skip to comments.US Debt Ceiling D-Day: September 14, 2012
Posted on 03/28/2012 3:23:52 PM PDT by SatinDoll
Earlier today, outgoing Treasury Secretary and tax challenged part-time pathological liar (see here) Tim Geithner said that any worries of the US debt ceiling are misplaced, and that at best such an event would occur "late in the year" (and to think the August 2011 extended $16.394 trillion debt ceiling was supposed to last well into 2013). Naturally, coming from Geithner, it meant this statement was a flat out lief the second it left his mouth, which is why we decided to do our own analysis of just when the latest and greatest debt ceiling would be breached. The answer is that at the current rate of debt issuance, which incidentally is going to accelerate sharply due to the recent extension of the payroll tax cuts which will require an incremental $100-150 billion total debt to be funded, and extrapolating future issuance solely on historical patterns, the US debt ceiling D-Day will be September 14, 2012. This means that there will be just over 6 weeks for the GOP to hijack each and every presidential debate before the November election with just this topic...
(Excerpt) Read more at zerohedge.com ...
Hillary took Obama into June. The Republicans should be running against each other until it is imminent that someone has the delegates. Then, and only then, should they turn their forces towards Obama.
The reason is the same as “Clinton Fatigue.” If we start whooping up on him for the seven months or so, the impact will wear out.
There is plenty of time between now and November.
Just SOME of the damage from socialists...
The GOP/conservatives better bring REAL examples of how this is being slowed down, stopped or reversed. The solvency of Red states due to politicians (Scott Walker, etc.) accomplishments would be a good place to start, contrasted by the bankruptcy of blue states/cities. Paul Ryan and Rand Paul’s ideas for budget cutting should be front and center.
DEFUND socialist collectives, foreign and domestic...including UNaccountable bureaucrats (more socialism), czars, NGO’s, UN, etc., etc. Pick any 100 your want. Start with them. Glaring examples of WASTED taxpayer money.
BANKRUPT the socialists and their bankrupt ideas. Choke off all funding.
FUSparasites. Get a job doing something productive not “progressive” - socialistspeak for taking OPM.
Reading the ZH posts, poster “kill switch” posted this very fine musical interlude...(never heard of this guy Lee Ritenour before)...
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