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Government Shutdown is a Fantastic Idea; Here's Why
Townhall ^ | 09/29/2013 | Michael Shedlock

Posted on 09/29/2013 7:30:00 AM PDT by SeekAndFind

Looking for a reason to support a government shutdown? If so, please consider Obama Stripped to Skeleton Staff in a Government Shutdown.

A U.S. government shutdown means President Barack Obama will have fewer people to cook meals, do the laundry, clean the floors or change the light bulbs, according to a White House contingency plan.

About three-fourths of president’s 1,701-person staff would be sent home. The national security team would be cut back, fewer economists would be tracking the economy and there wouldn’t be as many budget officials to track spending.

Of the total, 438 people work directly for the president. Under a shutdown, 129 could continue working, according to the contingency plan.

Biden, who has a staff of 24, would have had to make do with 12.

Obama’s national security staff of 66 would be cut to 42. Similar staff cuts would be imposed at the White House Office of Management and Budget, the Council on Environmental Quality, the Council of Economic Advisers and the Office of National Drug Control Policy, which are all part of the president’s executive office.

Fantastic Idea

If you think that a government shutdown is a fantastic idea (I sure do), then please contact your elected representatives and let them know.

IMF Proposes Eurozone Fiscal Union, Banking Union, Harmonized Employment, Common Unemployment Scheme, Firewall Tax

In the biggest nannycrat proposal ever, the IMF announced it's vision for the United States of Europe (without using that name to describe the proposal).

Via translation from El Pais, please consider IMF suggests common unemployment benefits for the eurozone.

The IMF proposes more discipline, more fiscal integration, and the creation of a common unemployment benefit and risk sharing scheme to help the club of countries that have experienced damage in this crisis currency.

Fund staff argues that ommon fiscal governance, along with the banking union, are necessary to offset the "weaknesses in the architecture" of the eurozone, reinforce the club of 17 to future crises. In addition, the study argues that the most urgent step to acquire banking union goes through a firewall overall tax.

The pillars of a fiscal union , according to IMF staff, go through a series of mechanisms to pool the risks and avoid further costly bailouts, always subject to greater fiscal discipline. The tighter control over public finances of each country, which occur revenues and expenditures, is the condition of these forward-looking statements, both from the point of view of the IMF and Brussels.

Obedience and monitoring standards would allow the creation of a liquidity fund for troubled countries including a common unemployment benefit or "rainy day fund".

This fund would be nurtured with an amount equivalent to between 1.5% and 2% of the GDP of member countries, which is in line for a fund with Germany for its most troubled regions.

Harmonisation of Employment

But there is much work ahead for something like a common shutdown could crystallize into a eurozone labor markets as diverse. "A common insurance scheme would require a minimum of harmonization in taxation of employment plus pension rights, which would be a positive step towards a single labor market," the report warns.

The fiscal integration also requires a kind of Eurobonds or form of joint financing, led by the center of power and backed by global revenue, which would be possible once common tax structure is already underway.

A single monitoring mechanism should complement a firm commitment to establish a strong firewall " to anchor confidence in the banking system. " And this will require common money too: "While some insurance against banking fiascos be funded by the industry itself, a common fund for recapitalization, liquidation and deposit guarantee would reduce the risk of infection."


TOPICS: Constitution/Conservatism; Culture/Society; Government; News/Current Events
KEYWORDS: government; shutdown

1 posted on 09/29/2013 7:30:00 AM PDT by SeekAndFind
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To: SeekAndFind

He has erected a multitude of New Offices, and sent hither swarms of Officers to harrass our people, and eat out their substance.

http://www.usa.gov/directory/federal/

http://www.usdebtclock.org


2 posted on 09/29/2013 7:35:55 AM PDT by PGalt
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To: SeekAndFind

Skipping to the EU, think of what common unemployment rules would mean. No one outside of Germany would ever have to hold a job again! ...At least, until Germany finally ran out of money and patience.


3 posted on 09/29/2013 7:46:46 AM PDT by Pearls Before Swine
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To: SeekAndFind

The author trivializes the damage being dome by the Dims.


4 posted on 09/29/2013 8:03:15 AM PDT by trebb (Where in the the hell has my country gone?)
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To: trebb
The author trivializes the damage being dome by the Dims.

Agreed. I do not believe the occupants in the White House would let go one servant there. The only severity will come where Dems can then milk it for propaganda purposes.

5 posted on 09/29/2013 8:15:32 AM PDT by jeffc (The U.S. media are our enemy)
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To: trebb

Shedlock is a financial writer, not a political one. There is no requirement that every article written be a screed against Democrats. His tone is anti-big govt.

Shedlock is a “lay out the facts” guy. This actually makes it harder for libs to argue against him. He doesn’t go for the cheap emotional argument, but he has a libertarian streak financially speaking.

I’ve read him for a while now, and I find him to be sensible, insightful and not given to hyperbole.

He looks at Europe a lot since Europe’s woes have quite an effect on the US. And he recognizes that as we emulate Europe, we decline.

He is a Tea Party type that knows his stuff and can back it up.


6 posted on 09/29/2013 8:21:17 AM PDT by SaxxonWoods (....Let It Burn...)
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To: SeekAndFind

The bolsheviks are very upset at the prospect of their money faucet being turned off even for a short time. That alone is reason enough to go ahead and do it.

This government has grown way too big, telling us what light bulbs to buy, what toilets to flush, and what health insurance to buy. It’s time for a reality check... shut it down.


7 posted on 09/29/2013 8:22:44 AM PDT by ez (Muslims do not play well with others.)
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To: SeekAndFind
RESET. - they like that word, right? So it is written, so let it be done.

Kind of like a temporary impeachment and removal. Progress not perfection. I am liking it.

8 posted on 09/29/2013 8:22:50 AM PDT by atc23 (The Confederacy was the single greatest conservative resistance to federal authority ever.)
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To: SeekAndFind
Looking for a reason to support a government shutdown? If so, please consider Obama Stripped to Skeleton Staff in a Government Shutdown. A U.S. government shutdown means President Barack Obama will have fewer people to cook meals, do the laundry, clean the floors or change the light bulbs, according to a White House contingency plan. About three-fourths of president’s 1,701-person staff would be sent home. The national security team would be cut back, fewer economists would be tracking the economy and there wouldn’t be as many budget officials to track spending. Of the total, 438 people work directly for the president. Under a shutdown, 129 could continue working, according to the contingency plan. Biden, who has a staff of 24, would have had to make do with 12. Obama’s national security staff of 66 would be cut to 42. Similar staff cuts would be imposed at the White House Office of Management and Budget, the Council on Environmental Quality, the Council of Economic Advisers and the Office of National Drug Control Policy, which are all part of the president’s executive office.

WANNA BET?

9 posted on 09/29/2013 8:45:16 AM PDT by Don Corleone ("Oil the gun..eat the cannoli. Take it to the Mattress.")
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To: SaxxonWoods
He is a Tea Party type that knows his stuff and can back it up.

You may want to research some of his opinions first before getting tea party name anywhere near him. He lost most of the readers who used to post on his forum after publishing a big, anti 2nd amendment blog post about how nobody needs standard capacity magazines or semi auto rifles. He followed that up by calling all of the pro gun peopel a bunch of nutters in the comment section. That guy's libertarianism begins and ends with his wallet.

10 posted on 09/29/2013 8:59:06 AM PDT by Orangedog (An optimist is someone who tells you to 'cheer up' when things are going his way)
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To: SeekAndFind

Fantastic idea - why? GOP will get the blame? Why? Have you SEEN the MSM? All channels, all the time saying “It’s the GOP’S fault.


11 posted on 09/29/2013 9:22:31 AM PDT by I am Richard Brandon
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To: SeekAndFind

Reggie is probably looking forward to the stripping down part heh heh


12 posted on 09/29/2013 9:28:31 AM PDT by SteveH (First they ignore you. Then they laugh at you. Then they fight you. Then you win.)
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To: SeekAndFind

A goobermint shutdown sounds better and better every day.


13 posted on 09/29/2013 11:30:06 AM PDT by MN.Gruber06
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