Skip to comments.Myths about the 'shutdown'
Posted on 10/14/2013 4:55:50 AM PDT by TurboZamboni
Back in the 1970s, the comedy group Firesign Theater used to perform a sketch featuring a New Age huckster named Happy Harry Cox who inveigled money from his followers by warning them that they labored under mass delusions that only he could correct. "Dogs flew spaceships!" he bellowed in his radio advertisements. "The Aztecs invented the vacation! Men and women are the same sex! Our forefathers took drugs ... Yes! That's right! Everything you know is wrong! Especially about the government shutdown!"
OK, he didn't really say the part about the government shutdown. But he should have. Because, really, practically everything the chattering classes have told you on the subject is nonsense. Let's look at some the myths:
-- The government is shut down.
No it isn't. The troops are still fighting in Afghanistan. The NSA is still reading your email. The staff at the U.S. embassy in Caracas is still putting its fingers in its ears and waggling them at the Venezuelan government. The Postal Service is still running your magazines through shredders. By most estimates, 85 or so percent of the government is still functioning. Whether that's a good thing is, of course, debatable.
-- This kind of thing never used to happen.
(Excerpt) Read more at twincities.com ...
Everything “O” touches is crap....even his ‘shutdown’ is a failure!!! :)
We’ve all been mossed.
Mark Levin radio show addresses a lot of the myths in depth on 10-8-2013.
3:00 on the audio: The military is not 50 percent of the budget. Yet Obama went after the military in this battle because he hates the military. He went after them by 50% compared to other budget items.
11:21 on the audio: We will never default on debt payments unless they are so massive we cannot make payments-not because of debt ceiling fight..but the obligations we are taking on. Obama wants the debt ceiling raised to pay for future projects. NOT TO PAY FOR BILLS WE OWE NOW.
20:00 on the audio: Social security checks will come no matter what until the year 2038, in which time it is all gone. Congress took surplus out of SS fund. U.S. treasury issued IOU’s can be redeemed when there is a default. 2010 was the first time defaulted since 1983. It was recovered with IOU’s from the treasury. Treasury can borrow 1.00 to replace 1.00 in IOU paid to SS fund. The federal reserve gives them the dollar. It still remains under the debt ceiling.
24:35 on the audio: It is a federal statute to pay SS. The govt. redemption of a bond would not breech debt ceiling.
“Gentlement, two flying saucers have just landed on my plate.”
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