Skip to comments.U.S. Treasury, Fed planning for possible default -source
Posted on 10/09/2013 4:05:44 PM PDT by mdittmar
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The markets are the gov’t and the Fed. One big rigged casino. Sucking pension funds, 401K funds, and all sorts of private equity dry. They are drinking your milkshake to coin a phrase.
This just in:
Video: Harry Reid Offers Talking Points To John Boehner On Increasing debt ceiling ...
you are the first one i’ve heard
mention that in relation to how
things stand and where they
it was one of my initial thoughts-—
It looks like the day is almost here where people start opening their eyes and see who the problem is. Pray the Pubs don't shoot themselves in the foot.
“I heard Husseins press conference today and now he is saying seniors risk not getting their social security checks.”
Yeah, His Petulance is real worried about having to work on a balanced budget, isn’t he? Remember: the more they squeal, the closer we are to winning.
Well honoring the debt and interest payments first would be the intelligent thing to do for any one who wanted to obey the constitution and do as little harm to the USA as possible.
Is there anyone here who thinks that the current POTUS cares about the constitution or protecting the USA economically?
obama has the republicans over a barrel like Reggie Love. If they raise the debt limit our credit rating will be lowered and the collapse will be postponed. If obama defaults we’ll crash sooner. Either way, he gets what he wants.
Well I hope it is not that hopeless - that would imply that the Republicans who started this fight were only doing it for show to begin with. I hope they have more options at their disposal than what you have suggested. Otherwise, I don’t see any way at all really that they don’t fold before Oct 17.
The only reason a default happens is because dear leader CHOOSES to default.>>>>>>>>>>>>>>>>>>
Dear leader wants to destroy the United States of America.
According to him, the nation’s wealth was achieved on the backs of exploited and enslaved minorities. Dear leader considers himself historical justice on the hoof. This is the ideology of Rev. Wright. This is the method of Saul Alinsky and his theory on creating revolution to snatch
freedom away from the People.
Boehner is quite right to make a stand. And because he did so, we see the ugly tyranny of the Obama administration and its hell for leather ride towards a totalitarian state.
Obama must be impeached or removed. We have a budding , twisted scion of people like Adolf, Benito and Nicholas ( Ceaucescu) esconced in the White House.Now Obama is making his move to totally subjugate a free nation by usurping the financial role of Congress.
We are on the verge of becoming the United States of Zimbabwe, with a far worse, much more desperate dictator than Mugabe at the helm.
This is a good read here about the fall of our nation:
“So do you think a debt default is something that could actually happen and literally single-handedly cause a new Great Depression?”
Uh, in the real world the new “Great Depression” is here and it is looking far worse than the thirties. It is just being masked as much as possible by manipulation and gyration and media coverup. One old man who remembers the thirties told me this is NOT a depression because we don’t have soup kitchens! My response to that is wake up, we have nearly fifty million on EBT “food stamp” benefits. It is now possible for people who have no clue how to make it on their own to walk around with the appearance of being self-sufficient, even middle-class people. This was not possible in the thirties.
If the US gov-mint defaults, does this mean I don’t have to pay all my bills when they do not send me my military retired pay and my socialized security check?
When has that stopped him?
There is, in fact, no such thing as "martial law" in the United States.
As we watch the NPS close our national monuments and parks, locking the porta potties, removing the handles from water pumps/fountains.
Oh, I don't doubt that "Obama" would try it - that he is, in fact, itching to try it.
But, under what TASS would call the present "correlation of forces", we are losing. I don't think there is any serious chance that the forces of communism are now going to be stopped without war.
If "Obama" can be made to roll the dice, our chances in the game we are now losing will improve. Maybe not a lot, but they will improve.
That’d have been a hell of a lot easier if the House/GOP/RNC had been on the Senate’s/Reid ass about a BUDGET.
Unfort. even the GOP wanted more funny $$ to blow through.
There already seems to be a meme along the lines of, will we choose to pay foreign investors over our seniors, veterans, etc.?
So don’t assume automatically that our government won’t choose to default.
couldn’t have said it better...this is just more disinformation to scare the masses and the markets
Or if the gov-mint defaults does it mean that China forecloses on Wyoming, New Mexico, Florida and Colorado?
Yellen hints at boosting inflation to create jobs (Obama’s Federal Reserve chairwoman nominee)
The Daily Caller | October 9, 2013 | Tim Cavanaugh, executive editor
Posted on 10/09/2013 3:13:15 PM PDT by 2ndDivisionVet
Jonathan Jarvis: 0bama’s henchman at the National Park Service
Department of the Interior | 10 Oct 2013 | Department of the Interior
Posted on 10/10/2013 3:21:28 PM PDT by citizen
What Lew and his beloved Obozo are concerned about is the possible lack of payments to their voters, who depend on welfare.
Obama and the Democrats were hoping that the rise in revenue would be enough enable them to justify their projected levels of spending. Ironically, the sequester has made that half-way pausible.