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  1. #1
    Senior Member IAMONE6655's Avatar

    P: M: Welcome to the new Amerikka

    I just wanted to bring some attention to this. This is another law that the government is trying to pass to take more money out of our empty pockets



    Senate Passes Online Sales Tax Bill
    May 7, 2013
    Source: Zero Hedge


    As previewed previously, one half of the hurdle to enforce a universal online US sales tax has now been crossed, with the Senate voting moments ago to pass a Wal-Mart backed bill 69-27 allowing states to collect taxes on out of state Internet and catalog sales. The bill would end the era of tax-free Internet shopping. During the debate, senators offered examples of consumers who examine products in stores and then shop online to avoid paying sales tax. The pretext? Why fairness of course. “This bill is about fairness,” said Senator Mike Enzi, a Wyoming Republican and co-sponsor of the measure. “It’s about leveling the playing field between the brick-and-mortar and online companies.”

    However, while the bill’s success in the Senate was given, its passage in the House appears far more problematic. As Bloomberg reports, “the bill goes to the Republican-controlled House of Representatives, which probably won’t act quickly or pass a measure in the same form as the Senate. Representative Bob Goodlatte, a Virginia Republican and chairman of the Judiciary Committee, has said that while he wants to address the issue, he is concerned it would create complexity for businesses and make them vulnerable to audits by multiple states.”

    In other words, the House’s definition of fair appears slightly off from that of the Senate.

    It also differs from that of online mega retailer Amazon, which apparently has decided that if it can’t fight them, to at least join them, and make the life of all other online retailers who never lost as much money as it did, or had nearly as horrible operating margins as AMZN, let alone a #Ref! P/E multiple, living hell and if possible crush and bankrupt them by any ways possible just so AMZN could finally lever up its business model of becoming the biggest at any and every price.

    The measure, supported by the Obama administration, attracted a coalition of backers including Best Buy Co. (BBY), Amazon.com Inc. (AMZN) and shopping mall owners. Amazon, the largest Internet-based retailer, is expanding into more states to speed delivery, which means it will pay taxes anyway.
    And why not: AMZN benefited from a no sales tax policy for decades. Now that it believes it is large enough and has enough scale (if no actual profit) it may as well join the dark side.

    Luckily, there are those who still believe that handing over even more private sector cash to the government to burn at will is not the best option.

    Opponents maintained that the bill would unfairly burden small businesses with paperwork and audits, create a tax advantage for foreign sellers and potentially allow state-level transaction taxes. Detractors included anti-tax groups, direct marketers and senators from states without sales taxes.
    “I fear that what we’re going to do is crush a lot of those start-ups, a lot of those small businesses,” said Senator Ron Wyden, a Democrat from Oregon, which doesn’t have a sales tax.

    Of course you are: that is what Amazon, Best Buy, and Wal Mart are hoping for. And since by passing said bill it merey makes government even bigger, one can bet their bottom untaxed dollar, that it is only a matter of time before the House also passes a version of the bill.

    Remember: it’s only fair.


    Retrieved from: Blacklistednews

  2. #2
    I AM THAT I AM Candace's Avatar

    Assistant IRS director (or temporary?) stepped down.

    Obama came on a while ago after a lot of play up about something with the IRS which I had not heard about until he came on TV. Discuss if any of you wish to do so. I don't have enough detail to comment. My comment however, is about the man Obama, another Obami or a remodeled older one? New obvious scars on sides of head, both sides, between ears and top of head. And he's too short. Way to short.

    Speech was short and made little sense to me. I guess they said he is releasing the Benghazi emails or something like that. I don't give a xxxxxx any more on this stuff.

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  4. #3
    Senior Member

    Re: Assistant IRS director (or temporary?) stepped down.

    Yes, it's getting worse and worse for Obama...



    In Wake of Scandal, Obama Fires IRS Boss .... Who Was Already Resigning
    Posted By: Susoni
    Date: Thursday, 16-May-2013 16:09:34

    Obama fires acting IRS commissioner in bid to quell growing anger over political targeting of Tea Party groups - but he says he was leaving anyway
    Steven Miller is ousted but writes face-saving email announcing departure when his 'assignment ends in early June.'
    Obama: IRS 'misconduct' is 'inexcusable and Americans are right to be angry about it, and I am angry about it.'
    Jacob Lew, Obama's trusted Treasury Secretary and former chief of staff, gave Miller his walking papers
    IRS reportedly targeted 300 right-wing groups while letting left-wing organizations slide through with far less scrutiny
    President Barack Obama has thrown his acting IRS commissioner overboard, making Steven Miller the highest-ranking political casualty thus far in a series of scandals that have swept his administration in recent weeks.
    In a hastily called press conference in the East Room of the White House, Obama told reporters that he had asked Treasury Secretary Jacob Lew to find out who was responsible for a program that targeted tea party groups and other conservative organizations for a special level of intrusive questioning after they applied for tax-exempt charitable statuses.
    'Lew took the first step by requesting and accepting the resignation of the acting director of the IRS,' Obama said.
    'It’s important,' he added, 'to institute new leadership that can help restore confidence going forward.'
    But in an email to IRS employees, Miller claimed he would only be leaving next month because his assignment would be over.
    Steven Miller is shown in a CBS report. He has submitted his resignation, but informed employees at the IRS that he would be leaving 'as my acting assignment ends in early June'
    'It is with regret that I will be departing from the IRS as my acting assignment ends in early June,' Miller wrote. 'This has been an incredibly difficult time for the IRS given the events of the past few days, and there is a strong and immediate need to restore public trust in the nation’s tax agency.'
    The IRS, the president conceded, 'improperly screened conservative groups.' He referred to a report released Tuesday by the IRS's Inspector General.
    'The misconduct that it uncovered is inexcusable,' Obama exclaimed. 'It's inexcusable and Americans are right to be angry about it, and I am angry about it.'


    Read more:
    http://www.dailymail.co.uk/news/arti...#ixzz2TUKf5Ajv
    |-

  5. #4
    Senior Member Denise's Avatar

    Urgent! Possible Emergency Alert for Fema Region III

    This was posted on Global Skywatch with all the links I am sharing. It certainly is something to watch and prepare for, if you live in these regions of the US. I myself feel something is planned, as it has been too quiet. Denise




    http://www.youtube.com/watch?v=REbuE...ature=youtu.be

    People, please take a look at this and connect the dots. Something is likely about to happen VERY soon!!!

    This is an email sent from Senator Sheldon R. Songstad, Ret. of South Dakota:

    "Emergency Fema Region 3 Alert!!!
    FEMA Region III: DC, DE, MD, PA, VA, WV
    Sent: Tuesday, August 13, 2013 6:43 AM
    Subject: National update from Sheldon: Senator Sheldon R. Songstad, Ret. of South Dakota State

    A few nights ago Donald Trump was with Greta on Fox News. He told her something BIG was going to happen, most likely starting the first week of October. He could say NOTHING ELSE at this time.
    HERE IS WHAT WHAT THE SENATORS NATIONAL PREPAREDNESS RESEARCH TURNED UP...

    FEMA purchase orders for over $14.2 million for MREs and heater meals to be delivered to Region III by October 1st.
    FEMA purchase orders for 22 million pouches of emergency water to be delivered to region III by October 1st.
    FEMA purchase orders for $13.6 million for MREs and heater meals to be delivered to Austin by October 1st.

    Nine-week training course for UN Peacekeepers in CONUS to learn Urban Warfare, English, and US weapons systems beginning 4th week of July for 386,000 troops to be completed by October 1st.
    $11 million in antibiotics to be delivered to FEMA region III by October 1st ordered by CDC.

    World Health Organization held second emergency meeting in its history to discuss MERS Coronavirus. Determined a vaccine MUST be in place by October 1st.

    2800 MRAPs must be delivered to DHS by October 1st.
    No leave will be allowed for US military from September 28th thru November 5th. NORCOMM yearly training for civil unrest suspended until September 27th. To be performed in northeast coastal areas.
    Date for release of QE3 report moved to October 16th.

    All DHS agents MUST qualify with sidearm, shotgun and AR 15 by September 28th. No mention of yearly less lethal qualification.
    Sporadic testing of GPS and Communications satellites is coordinated for the first time with a testing date of September 29th.

    POTUS mandates to FEMA and DHS concerning support for metropolitan communities dealing with the extreme climate change MUST be complete by October 1st. These mandates were issued during the last three weeks.
    Over 300 school systems in the US have determined they need three-day kits for each school AND three-day kits for each student to take with them. All deliveries are scheduled for the month of September.

    All National Guard units will complete riot control and disaster assistance training during this years annual two week training. All units MUST have their training complete by September 30th.
    Daily testing of the Emergency Broadcast System to begin on September 25th and run thru October 2nd.

    Eastern-based Coast Guard units to perform massive group training, usually performed in the Gulf, in the Virginia and Delaware areas. This is a 10-day training mission to begin September 26th.

    "GOD, PLEASE HELP AMERICA"
    Sheldon R. Songstad
    Senator Retired: South Dakota State"


    http://www.youtube.com/watch?v=TZOe_...ature=youtu.be

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  7. #5
    Senior Member Denise's Avatar

    Re: Urgent! Possible Emergency Alert for Fema Region III

    The part about Donald Trump is not true...here is a link to his interview. If he said what they claim he said, than it has been taken out of the written interview....I have not watched the actual interview.

    None of this may be correct....but it is interesting that Fema is planning for a disaster.

    http://www.foxnews.com/on-air/on-the...ck-white-house

  8. #6
    I AM THAT I AM Candace's Avatar

    Re: Urgent! Possible Emergency Alert for Fema Region III

    Yes its all over the net, its on LOP too. The dark don't necessarily announce their plans so I don't know what to make of it, but I am not aware that region 3 is under a huge threat at all. Some others would be under more thread. I went and looked up region 3 and posted that to lop. Its Washington DC and some surrounding states basically. My guess is perhaps its to the dark in that area, to prepare for cover, or a statement they are prepared and will stand down inside there...... Who knows..... but people as I posted to LOP need to be constantly prepared for some difficulty anyway. Particularly in some areas more so than others, depending on where one lives.
    Books are not the WORD.. the HUMAN BEING IS THE WORD and when MAN UNDERSTANDS HIS HUMAN ROLE... as the WORD... this planet will come into glory.

    Faith is a term of KNOWING..which produces expectation of that knowing. When one has "faith" something will happen... it is because of the knowing that it CAN happen... and often does when there is enough desire to manifest it. I tire of the "faith" of religions in which the specific religion/sect "followed" is labeled a faith. Religions are not faiths... Faith comes from the inner knowing and in no other way.

    "The human race must become reconciled to a procession of changes, adjustments, and readjustments. Mankind is on the march toward a new and unrevealed planetary destiny."

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  10. #7
    I AM THAT I AM Candace's Avatar

    Re: Urgent! Possible Emergency Alert for Fema Region III

    Quote Originally Posted by Denise View Post
    The part about Donald Trump is not true...here is a link to his interview. If he said what they claim he said, than it has been taken out of the written interview....I have not watched the actual interview.

    None of this may be correct....but it is interesting that Fema is planning for a disaster.

    http://www.foxnews.com/on-air/on-the...ck-white-house

    Well CNN removes stuff all the time from the transcripts! FEMA is always planning for disasters, that is their main role.... and there is hidden assistance from above to selected folks working within FEMA.
    Books are not the WORD.. the HUMAN BEING IS THE WORD and when MAN UNDERSTANDS HIS HUMAN ROLE... as the WORD... this planet will come into glory.

    Faith is a term of KNOWING..which produces expectation of that knowing. When one has "faith" something will happen... it is because of the knowing that it CAN happen... and often does when there is enough desire to manifest it. I tire of the "faith" of religions in which the specific religion/sect "followed" is labeled a faith. Religions are not faiths... Faith comes from the inner knowing and in no other way.

    "The human race must become reconciled to a procession of changes, adjustments, and readjustments. Mankind is on the march toward a new and unrevealed planetary destiny."

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  12. #8
    Senior Member Denise's Avatar

    Re: Urgent! Possible Emergency Alert for Fema Region III

    Just a couple of thoughts have come to mind:

    There is the Muslim March scheduled for September 11 in Washington DC....

    Hurricane Season is here once again on the east coast...Sandy was last September

    It is good to be prepared for everything!

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  14. #9
    Lvl1 Paladin no armor Bigbear's Avatar

    Re: Urgent! Possible Emergency Alert for Fema Region III

    Oh that is Huge! denise

    Glad to hear things are starting to happen soon. i tired of waiting.

    i expected it to be sooner than October, i thought things was suppose to happen last month or this month, but Oct is a loong way to go.
    Be careful dont go to National Forest, Bigfoot will Snatch you. HahaHaah
    ~Hank-E-Pat ~

  15. #10
    Senior Member Marayah's Avatar

    Re: Urgent! Possible Emergency Alert for Fema Region III

    7. Daily I must remember that in the Kingdom of Heaven is only a KNOWING that tomorrow will be perfect because Divine Consciousness fills the minds and hearts of every dweller in the Kingdom. Therefore, I must avoid all alarmist talk. I will not get caught up in retelling the faults of others. I will not indulge my lower consciousness by contemplating the evils of the governments and the world. To build the Kingdom of Heaven I must withdraw from everything which I do not want to see perpetuated - otherwise the Kingdom will never take shape, or others may build it and I will be left behind. I will be shut out by the self-indulgent consciousness I am building every day...

    From: Christ Returns - Speaks His Truth, MEMBERSHIP of the ERA of LOVE and PEACE

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  17. #11
    Arcturian RaHorus80's Avatar

    Re: Urgent! Possible Emergency Alert for Fema Region III

    So region three is near Texas?

    Could they be preparing for some sinkhole activity? I did look the other night for info on Bayou Corne sinkhole, seems it can only get worse.

    Anyways it is probably some sign of some activity from the dark, but I think our buddies at fleet will have that covered.

    Brendan

  18. #12
    I AM THAT I AM Candace's Avatar

    Re: Urgent! Possible Emergency Alert for Fema Region III

    Yes its all over the net, its on LOP too. The dark don't necessarily announce their plans so I don't know what to make of it, but I am not aware that region 3 is under a huge threat at all. Some others would be under more thread. I went and looked up region 3 and posted that to lop. Its Washington DC and some surrounding states basically. My guess is perhaps its to the dark in that area, to prepare for cover, or a statement they are prepared and will stand down inside there...... Who knows..... but people as I posted to LOP need to be constantly prepared for some difficulty anyway. Particularly in some areas more so than others, depending on where one lives.
    http://www.fema.gov/ http://www.fema.gov/region-iii-dc-de-md-pa-va-wv

    District of Columbia, Delaware, Maryland, Pennsylvania, Virginia, and West Virginia
    Quote Originally Posted by RaHorus80 View Post
    So region three is near Texas?

    Could they be preparing for some sinkhole activity? I did look the other night for info on Bayou Corne sinkhole, seems it can only get worse.

    Anyways it is probably some sign of some activity from the dark, but I think our buddies at fleet will have that covered.

    Brendan
    Books are not the WORD.. the HUMAN BEING IS THE WORD and when MAN UNDERSTANDS HIS HUMAN ROLE... as the WORD... this planet will come into glory.

    Faith is a term of KNOWING..which produces expectation of that knowing. When one has "faith" something will happen... it is because of the knowing that it CAN happen... and often does when there is enough desire to manifest it. I tire of the "faith" of religions in which the specific religion/sect "followed" is labeled a faith. Religions are not faiths... Faith comes from the inner knowing and in no other way.

    "The human race must become reconciled to a procession of changes, adjustments, and readjustments. Mankind is on the march toward a new and unrevealed planetary destiny."

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  20. #13
    I AM THAT I AM Candace's Avatar

    Re: Urgent! Possible Emergency Alert for Fema Region III

    Quote Originally Posted by Bigbear View Post
    Oh that is Huge! denise

    Glad to hear things are starting to happen soon. i tired of waiting.

    i expected it to be sooner than October, i thought things was suppose to happen last month or this month, but Oct is a loong way to go.
    May I ask HOW this is proof anything is going to happen? Be careful what you wish for! do you really want Fema to be doing whatever it is that the maker of this video is trying to set your minds too,,,, it's another doom video to keep man's mind in a stew.....and thus keep the planet in a stew!

    7. Daily I must remember that in the Kingdom of Heaven is only a KNOWING that tomorrow will be perfect because Divine Consciousness fills the minds and hearts of every dweller in the Kingdom. Therefore, I must avoid all alarmist talk. I will not get caught up in retelling the faults of others. I will not indulge my lower consciousness by contemplating the evils of the governments and the world. To build the Kingdom of Heaven I must withdraw from everything which I do not want to see perpetuated - otherwise the Kingdom will never take shape, or others may build it and I will be left behind. I will be shut out by the self-indulgent consciousness I am building every day...

    From: Christ Returns - Speaks His Truth, MEMBERSHIP of the ERA of LOVE and PEACE
    Books are not the WORD.. the HUMAN BEING IS THE WORD and when MAN UNDERSTANDS HIS HUMAN ROLE... as the WORD... this planet will come into glory.

    Faith is a term of KNOWING..which produces expectation of that knowing. When one has "faith" something will happen... it is because of the knowing that it CAN happen... and often does when there is enough desire to manifest it. I tire of the "faith" of religions in which the specific religion/sect "followed" is labeled a faith. Religions are not faiths... Faith comes from the inner knowing and in no other way.

    "The human race must become reconciled to a procession of changes, adjustments, and readjustments. Mankind is on the march toward a new and unrevealed planetary destiny."

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  22. #14
    Arcturian RaHorus80's Avatar

    Re: Urgent! Possible Emergency Alert for Fema Region III

    Thanks for the links, I see which areas they are talking about now.

    Not buying into their fear campaign anyways, but if I was to take a blind guess I would say the antibiotics ordering is a little interesting, what more cold viruses?!!!!

    Recently here is Australia there was a brief clip on the news about some new superbug, sadly the people don't know that these are engineered and have controls to contain them, but first they usually allow it to kill a few people, us undesirables of the dark forces.

    Not that anything is going to happen, just another fear wave throughout the collective, damn those waves suck.

    Brendan

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  24. #15
    Junior Member iamtede's Avatar

    Re: Urgent! Possible Emergency Alert for Fema Region III

    Whether this is really unusual or a harbinger of things to come I really don't know. But we should remember that FEMA is mandated to provide assistance for natural disasters. They were so woefully unprepared for some recent big ones (such as Katrina and the East cost storm last year) that they have been ordered to plan and prepare. It is too easy to look at a Government agency's purchase request and create scary stories based on wild supposition. It appears that the source for this story was not one "in the know," but an outsider.
    I Am Tede

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  26. #16
    AH Messiah

    US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    My first thought: so it mean army won't be paid while it is shut down, right?

    CNN: http://edition.cnn.com/2013/09/30/po...own/index.html

    RT: http://rt.com/usa/us-congress-government-shutdown-568/

    — — — — — — — — — — — — —



    US govt shuts down for 1st time in 17 years as budget talks fail

    The US federal government is to partially shut down after the Congress failed to fund its work amid a Republican drive to defund the Obamacare healthcare program. President Obama addressed to US troops to boost their confidence amid the crisis.

    Follow RT's LIVE UPDATES on US budget crisis

    The Congress left the government without funding as competing spending measures bounced back and forth between the Republican-controlled House of Representatives and Democratic-led Senate late into Monday night.

    The partial shutdown will leave some essential government functions, including national security, intact. It’s not clear how long the situation will continue, with lawmakers expected to take a further vote in a matter of hours.

    If the shutdown persists, it will affect an estimated 800,000 of public workers, who will be forced into unpaid leave as the government would be unable to fund their employment.

    President Barack Obama assumed his role as commander-in-chef to address US troops around the world. He said the Congress had failed American soldiers in causing the government shutdown. He pledged that the White House will do everything possible to keep those troops currently on active duty to receive all they need in order to perform that duty.

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  28. #17
    Senior Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    October 1st, 2013
    Government shut down, 4:00 GMT











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  30. #18
    Senior Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    Well wonder if that would be the beginning of the earthquake to collapse the american economy ?. Since the economy in the Usa in in depression since 2008:

    http://theeconomiccollapseblog.com/a...-all-time-high

    Of course the question would be for how long would China and Russia hold those americans bonds that arent even worth the paper they are printed on and decided to screw the dollar as reserver currency for the world.

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  32. #19
    Senior Member SunRise's Avatar

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    Concerning the US troops the news here in Germany reported, that they would be fully paid as usual.
    I guess they will be employed to keep protesting people under control or for even darker plans.

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  34. #20
    Senior Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    Quote Originally Posted by SunRise View Post
    Concerning the US troops the news here in Germany reported, that they would be fully paid as usual.
    I guess they will be employed to keep protesting people under control or for even darker plans.
    Well that the news but on the other hand the military got another problem: they know that the vets and the disabilities vets arent going to be paid anymore. So what is in store for them ??. And in the military everyone know a vet at last and know what is in planned for them too.
    Secondly with what ever catastrophe is coming on our shore the military might be the only ones be able to rescue the mass in cause of mass destruction since they are the only ones having the machines and the man power.
    Clearly some of the USA elites may know what is in store and already have prepare for so.

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  36. #21
    I AM THAT I AM bblu**'s Avatar

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    http://rt.com/usa/us-government-shutdown-effects-550/



    10 ways govt shutdown will hurt America

    Published time: September 30, 2013 19:10
    Edited time: October 01, 2013 07:18

    With the threat of a federal government shutdown hanging over the US economy, here is a handy list of the possible effects American citizens and the rest of the world could face if no deal is reached to continue funding.
    In the most recent developments in a budget battle, the US Senate Democrats have rejected a proposal by the Republican-led House of Representatives to put off Obamacare for a year in return for temporary funding of the federal government beyond Monday.

    Though adopting spending bills by Oct. 1, the start of the new fiscal year in the US, may seem a purely political issue, if Congress fails to approve funding for the federal government this would seriously affect the daily routine of ordinary US citizens, let alone up to 800,000 federal employees who would be sent home Tuesday without pay if the shutdown takes place.
    The last government shutdown lasted 21 days, from December 1996 to January 1997, and cost the administration of US President Bill Clinton cost an estimated $2 billion, according to the White House’s Office of Management and Budget.
    In remarks made by Obama Monday evening the President struck a defiant note on the healthcare law.
    "An important part of the Affordable Care Act takes effect tomorrow, no matter what Congress decides to do today. The Affordable Care Act is moving forward. That funding is already in place. You can't shut it down."
    In another pointed remark aimed at Republicans tying Obamacare to the government shutdown the President essentially accused lawmakers of political blackmail.
    "You don't get to extract a ransom for doing your job, for doing what you're supposed to be doing anyway, or just because there's a law there that you don't like."

    1 Countdown to US default looms

    A halt of US government operations would drag the world’s biggest economy closer to bankruptcy, something unprecedented in US history. If no budget deal is done, the US would bump up against their “debt ceiling” and run out of money by October 17. By then, the US government would have less than $30 billion cash on hand, Treasury Secretary Jacob Lew has calculated.
    2 Hundreds of thousands of federal employees on furlough

    A one-time layoff of 800,000 people working for the US government would erode the earlier projected economic growth of 2.5 percent for the fourth quarter of 2013 by about 0.32 percentage points, according to a forecast by Mark Zandi, chief economist and co-founder of Moody's Analytics. That projection assumes a two-week shutdown. If it drags into a whole month, the loss of GDP would rise to 1.4 percentage points.
    3 Troops’ paychecks stopped

    About 1.4 million military active-duty personnel would keep on working, but with their paychecks delayed. Approval for troops’ paychecks is dependent on Obama’s proposed 2014 federal budget being passed by Congress. [This happened in France last year or the one before, the military wives protested. The military don't protest or go into strike they continue on duty.]
    4 Women and children’s nutrition program threatened

    Pregnant women and new moms who are poor and facing “nutrition risk” won’t be able to buy healthy food, as a looming shutdown would put bracers on the $6 billion Special Supplemental Nutrition Program for Women Infants and Children (WIC).
    5 $85 billion in cuts to federal programs

    When a shutdown was last threatened in March 2013, it would have resulted in $85 billion in automatic cuts in spending on federal programs – many aimed at alleviating social hardship. The cuts, known as sequestration, would affect grants to local organizations and funds that keep those programs running.
    6 Housing loans halted

    US federal programs that provide for about 30 percent of all new loans in the housing market – a backbone of the country’s economy – will be shut down. Government funding of new businesses will also be halted, as well as workplace health and safety inspections.
    7 Trade talks scuppered?

    US plans to have a Pacific trade deal, the Trans Pacific Partnership, signed with the US’s Asian partners could stall, as Obama may decide not to travel to this weekend’s Bali, Indonesia meeting of the Asia-Pacific Economic Cooperation nations. While he could still go if no deal is done by then, it could be a gift for his Republican opponents if Obama was seen to be jetting off to a tropical paradise at a time when federal employees were sent home without pay.
    8 Visa delays likely

    Thousands of Americans may not be able to get passports for foreign travel, and tourists travelling to the US will likely face delays in visa processing. During the last government shutdown in 1996-97, some 20,000-30,000 applications remained unprocessed daily.
    9 Space program on hold

    Space agency NASA will be hit the most, as the agency will need to furlough about 97 percent of its employees, though it will continue to keep workers at Mission Control in Houston and elsewhere to support the International Space Station, where the two NASA astronauts currently on board, Michael Hopkins and Karen Nyberg, may not know whether they have jobs to come back to.
    10 National parks, museums and zoos would close to the public

    State-funded museums, art galleries and zoos across the country would keep their doors closed Tuesday, leaving thousands of employees furloughed and visitors unable to see attractions. US national parks, from Yosemite to the Shenandoahs, as well as Washington’s National Mall, Lincoln Memorial and Constitution Gardens, would also be closed.
    However many holy words you read, however many you speak,
    what good will they do if you do not act upon them?
    G. Buddha




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  38. #22
    I AM THAT I AM Candace's Avatar

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    Quote Originally Posted by Starcup View Post
    Well that the news but on the other hand the military got another problem: they know that the vets and the disabilities vets arent going to be paid anymore. So what is in store for them ??. And in the military everyone know a vet at last and know what is in planned for them too.
    Secondly with what ever catastrophe is coming on our shore the military might be the only ones be able to rescue the mass in cause of mass destruction since they are the only ones having the machines and the man power.
    Clearly some of the USA elites may know what is in store and already have prepare for so.
    government retirement benefits including social security and veterans retirement pay continue at this time.
    Books are not the WORD.. the HUMAN BEING IS THE WORD and when MAN UNDERSTANDS HIS HUMAN ROLE... as the WORD... this planet will come into glory.

    Faith is a term of KNOWING..which produces expectation of that knowing. When one has "faith" something will happen... it is because of the knowing that it CAN happen... and often does when there is enough desire to manifest it. I tire of the "faith" of religions in which the specific religion/sect "followed" is labeled a faith. Religions are not faiths... Faith comes from the inner knowing and in no other way.

    "The human race must become reconciled to a procession of changes, adjustments, and readjustments. Mankind is on the march toward a new and unrevealed planetary destiny."

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  40. #23
    Senior Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    Quote Originally Posted by Candace View Post
    government retirement benefits including social security and veterans retirement pay continue at this time.

    The Question would be then for how long ? because true to be told the USA is simply already more broke than ever. In fact they should have make a bankruptcy since the beginning of the year.
    Even if they did agreed on the 17 Th to push the debt ceilling of severals trillions more in order to maintain the appearance of everything is all right guys, it can be easily be pulled from their feets: first the Russia and China may even realized that there is no point of allowing the USA dollar which is no even worth a penny right now to remain the world reserve currency.
    Secondly its possible that the derivatives bubble would brust: derivatives debts is 20 time higher than the worldwide gps.

    In that line only one kind of event is able to push the economic situation we got now into a fire tornado that would simply left in ash all the remaining economies of the world.

    For the derivate bubbles check those links:
    http://theeconomiccollapseblog.com/a...nancial-system

    http://theeconomiccollapseblog.com/a...te-derivatives

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  42. #24
    Senior Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    Obama wirft Republikanern "ideologischen Kreuzzug" vor
    Obama calls Republican attitude "ideological crusade"


    AFP – vor 15 Minuten/October 1st, 2013



    • AFP - Angesichts des Haushaltsnotstands in den USA hat Präsident Obama den Republikanern einen "ideologischen Kreuzzug" vorgeworfen.
    Last edited by butterfly; 10-01-2013 at 02:54 PM.

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  44. #25
    Senior Member IAMONE6655's Avatar

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    Well it looks like not all army personnel are going to be able to get a paycheck soon. Army reserves that have to show up for weeken drills soon aren't going to be able to due to the Government Shutdown. I supposed they mean that only full time army personnel are going to continue to receive a paycheck right now.

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  46. #26
    I AM THAT I AM bblu**'s Avatar

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    Ok! I might be not in a very good mood, but to me all this business sounds fishy. It looks like AGAIN a show is being performed by a bunch of very good actors or cyborbs?!

    This morning in NY city at the Liberty Statue there was already a big banner telling tourists that it was closed for visitation due to government shut down. It seems that things were prepared in advancedoesn't it?!


    Lucia
    However many holy words you read, however many you speak,
    what good will they do if you do not act upon them?
    G. Buddha




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  48. #27
    Senior Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    There are 2 things that are also to considered there: firstly the americans peoples are now prisoner of their own country since without a valid passport they cannot get out. Which meant that even if some of them would realized in the next week what is in store in them then they cannot get out.

    Secondly that museums and locations close up:
    I do remenbered seeing the film 2012 in which the Elites did know in advance about a catastrophic events hitting earth and by this making a second Flood a la Noah again. They did prepared accordingly by building in secret severals luxuries underseaboots where only the elites ones were able to buy a ticket.
    Secondly they also did care of taking the most important Arts object of all Humanity that were hung in differents musuems around the world.
    There is a sequences in film showing how Mona Lisa is hug down form her normal resting and replace with a fake one.

    In the light of closing museums it would be very easy indeed to get those importants Art objects exchange with a false one without the problem of explication why the museum had to be closed of, and without the knowlegde of the museums personels.

    If you then begin to add the fact that the governement did purchase more amo that it would need for the next 25 years and with it some heavy panzered riots cars and Fema is already ready to function since it had order the millions of ready meals now then something big may really be prepared in advance.

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  50. #28
    Senior Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    US government shutdown: LIVE UPDATES

    Published time: October 01, 2013 02:09
    Edited time: October 03, 2013 10:38
    Get short URL

    A sign announcing the closure of the Statue of Liberty, a U.S. National Park, due to the U.S. Government s

    Budget, Economy, Politics, USA

    The Senate rejected the House's third short-term government funding deal on Monday, triggering a partial government shutdown.


    GMT 03:30: The continuing government shutdown has called into question whether the Special Supplemental Nutrition Program for Women, Infants and Children, or WIC, will be able to continue supporting the more than 8.9 million mothers and children under five that rely on its vouchers for food, including infant formula.

    The USDA has estimated that most states can continue WIC operations for only “a week or so.” The department’s Food and Nutrition Service has a $125 million contingency fund, as compared to the $7 billion that is annually appropriated to the program.

    01:50 GMT: Republican lawmakers indicated on Wednesday the possibility that the ongoing battle to pass a budget bill and end the government shutdown could continue and meld into negotiations to raise the debt ceiling.

    The debt ceiling, or rather the borrowing limit for the US, must be raised by October 17 in order for the country to comply with its financial obligations.

    The [budget bill] is now part of the debt ceiling fight and we may see a shutdown that extends to mid-October,” said a veteran Republican operative to the Washington Examiner newspaper.

    Boehner could not pass a [budget bill] with mostly Democratic support now and then have any chance of holding Republicans on the debt ceiling.”

    “We’re not going to be disrespected,” added Rep. Marlin Stutzman (R-Ind). “We have to get something out of this. And I don’t know what that even is.”

    01:15 GMT: President Obama has scaled back an upcoming trip to Asia due to the government shutdown. Planned stops in Malaysia and the Philippines were scrapped so the president could return to Washington.

    Obama is scheduled to depart on Saturday for Bali, Indonesia for an APEC Economic Leaders' Meeting. Secretary of State John Kerry will instead be traveling to the Philippines in the president’s place.
    National Security Council spokesperson Caitlin Hayden pointed to House Republicans for forcing a shutdown of the government.

    "This completely avoidable shutdown is setting back our ability to promote U.S. exports and advance U.S. leadership in the largest emerging region in the world,” said Hayden.

    00:36 GMT: During a meeting with congressional leaders late Wednesday, US President Obama maintained that he will not negotiate with Republicans on the government shutdown or the possibility of raising the debt ceiling. While Obama was not scheduled speak Wednesday, the White House did release a statement expressing hope that “common sense will prevail.”

    The president made clear to the leaders that he is not going to negotiate over the need for Congress to act to reopen the government or to raise the debt limit to pay the bills Congress has already incurred,” the White House said.



    Wednesday, October 2


    23:58 GMT: The House of Representatives passed two partial spending bills Wednesday, despite a promise from the Senate that the legislation will not clear the upper chamber.

    The bill to fund the National Park Service passed by a 252 – 173 margin, and the bill to fund the National Institutes of Health passed 254 – 171.

    The White House has said it will veto both bills.

    23:05 GMT: Just following a meeting with Congressional leadership at the White House Speaker John Boehner addressed reporters, saying that no deal had been reached on ending the government shutdown.

    "We had a nice conversation, a polite conversation," said Boehner.

    The Speaker also reiterated his desire to see Congress initiate a “conference” to hammer out a budget deal on a short-term continuing resolution to fund government, which Democrats have so far ruled out while adding that no such conference had occurred prior to Tuesday’s shutdown.

    They keep moving the goalposts,” said House Democratic Leader Nancy Pelosi, emerging from that same meeting. “I’m glad it was held, we had some candid discussion,” added Pelosi.

    22:15 GMT: The ongoing government shutdown has left individuals identified as delinquent by the Internal Revenue Service without the resources necessary to defend themselves against potential asset seizures, or levy, according to tax professionals cited by Reuters.

    "The IRS can levy, but we can't get the help to stop the levy," said Diana Leyden, director of the low-income taxpayer clinic at the University of Connecticut. "This is a real problem."

    IRS tax collectors currently pursuing cases against both individuals and businesses are still working despite the shutdown, but IRS staff that normally would assist taxpayers in their defense from collectors -- Taxpayer Advocate Service staffers -- are all furloughed.

    Experts told Reuters that IRS levies can often be stopped prior to seizures, but only when help is available.

    20:40 GMT: President Obama ruled out negotiating with Republicans on any budget issues until Congress ended the government shutdown.

    During an interview with CNBC interview Obama reiterated his exasperation with lawmakers that were obstructing a “clean” continuing resolution to fund government based on opposition to elements of the Affordable Care Act, or Obamacare.

    "Am I exasperated? Absolutely I'm exasperated," said the President.

    Obama is set to meet with Congressional leaders at 5:30pm (21:30 GMT) -- House of Representatives Speaker John Boehner, House Democratic Leader Nancy Pelosi, Senate Democratic Leader Harry Reid and Senate Republican Leader Mitch McConnell will take part in that meeting.

    Meanwhile, the GOP may already have sufficient backers now to pass a “clean” budget resolution.

    "In the hours since the government shutdown, House Republicans have slowly but steadily been coming forward to say they're ready to pass a bill to fund the government with no strings attached," Huffington Post reports.

    17:32 GMT: Major business leaders who met with Obama on Wednesday have agreed that there will be dire consequences if legislators fail to raise the US debt ceiling and bring a swift halt to the government shutdown.

    “We're already in the short-term consequences of a shutdown,”
    said Goldman Sachs Chief Executive Lloyd Blankfein, who was in the meeting. He added that the long term consequences of a shutdown and ‘certainly’ the consequences of a debt ceiling not being raised, “are extremely adverse.”

    15:35 GMT:
    Obama has called Republican and Democratic leaders to a meeting in order to pass a 'clean' bill in order to raise the US debt ceiling and reopen government, according to a white House official. They are currently convened and in discussions.

    The FBI website is ceasing to be kept updated and inquiries will not be responded to as the shutdown continues.

    Screenshot from fbi.gov



    15:20 GMT:
    Barriers at the WWII memorial will be in place again from this afternoon:

    15:00 GMT:
    The US Army's Chief of Staff has stated that the shutdown "impacts significantly day-to-day operations".

    "The longer it goes on, the worse it gets. Every day that goes by, we are losing manpower, we are losing capability, so in my mind it is important we get this resolved," he told Reuters in a telephone interview from Germany.

    14:30 GMT:
    The CEOs of Goldman Sachs, Citigroup, JPMorgan Chase, HSBC, Deutsche Bank, Morgan Stanley and others are attending a meeting with Obama, according to the White House. Among discussion topics on the agenda are the government shutdown and an impending deadline to raise the US debt limit.

    10:05 GMT: President Barack Obama’s planned four-step Asian trip will be shortened due to the government shutdown, the White House said. He will still travel to Indonesia and Brunei, but will not go further to Malaysia and the Philippines, as he originally intended.

    Obama canceled trips to Asia twice in 2010, once to stay in Washington for votes on his health care law, and once because of an oil spill in the Gulf of Mexico.

    06:12 GMT: According to the Malaysian government, Barack Obama has postponed his upcoming visit. The US president was due to depart for Asia later this week, on a working tour to four countries.

    But senior Obama adviser Dan Pfeiffer says the president may have to call off his plans, in light of the government shutdown crisis.

    05:15 GMT: Global investors appeared unimpressed by the US government shutdown on Tuesday, as most markets closed in the positive.

    On Wall Street, the Standard & Poor’s 500-stock index closed 0.8 percent up, and the Dow Jones industrial average ended 0.41 percent higher.

    The NASDAQ index closed to 1.23 percent higher.

    The Nikkei 225 in Tokyo was up 0.2 percent by the end of the day.

    In Europe, the Euro Stoxx 50 index closed 1.2 percent up.

    The FTSE 100 index in London was down, but only 0.2 percent.

    Bond and foreign exchange markets were also largely unmoved by the US government crisis.


    A man reads morning newspapers from around the United States at the Newseum in Washington October 1, 2013 (Reuters / Gary Cameron)
    04:49 GMT: The US government shutdown has scaled back the search for a missing woman whose last known location was Craters of the Moon National Monument, a federally funded preserve in Idaho that is now without most of its staff.

    02:41 GMT: The Ku Klux Klan rally scheduled for October 5 at Gettysburg National Park was canceled Tuesday because of the federal government shutdown.
    The white supremacist group was granted a permit for a so-called First Amendment celebration by the National Parks service.
    That event will not take place because all the parks have been closed.

    National Parks officials previously defended the decision to allow the KKK, which terrorized African-Americans for decades with lynching’s and cross-burnings, to hold a rally at the site of a landmark Civil War battle, citing the freedom of speech granted in the US Constitution.

    00:15 GMT: According to a memo put out by the Department of Health and Human Services the CDC will be “unable to support the annual seasonal influenza program, outbreak detection and linking across state boundaries using genetic and molecular analysis, continuous updating of disease treatment and prevention recommendations” as well as be forced to curtail “support to state and local partners for infectious disease surveillance” during a government shutdown.

    In addition, the Food and Drug Administration will be "unable to support the majority of its food safety, nutrition, and cosmetics activities.

    FDA will also have to cease safety activities such as routine establishment inspections, some compliance and enforcement activities, monitoring of imports, notification programs (e.g., food contact substances, infant formula), and the majority of the laboratory research necessary to inform public health decision making."



    Tuesday, October 1


    22:36 GMT: As Republican legislators and a Democratic President are stuck in democratic deadlock, ordinary US citizens are feeling the fallout.

    Iconic landmarks are closed bringing tourism to a standstill and having a drip-down effect on nearby businesses.

    “Most of the places that are most important for our business are closed today,” a local vendor tells RT’s Liz Wall. One family traveled thousands of kilometers from Arizona to see Washington’s sites, but have instead had to give their children a long lesson in the impact of government shutdowns.

    For more, watch RT’s full report from Washington:


    21:30 GMT: President Obama would veto House Republican “piecemeal” spending bills as way to restart parts of the government, the White House says.

    "These piecemeal efforts are not serious, and they are no way to run a government," White House spokeswoman Amy Brundage said on Tuesday, noting the White House wants the House to pass a bill that would continue funding government without any unrelated policy measures attached.

    "The President and the Senate have been clear that they won't accept this kind of game-playing, and if these bills were to come to the President's desk, he would veto them," she said.

    21:21 GMT: Sick patients who were scheduled to participate in research studies at the National Institute of Health’s hospital will have no other choice but to find treatment elsewhere during the government shutdown.

    The research hospital will be forced to turn away an estimated 200 patients, roughly 30 of them cancer-stricken children, in each week of the shutdown, NIH Director Dr. Francis Collins told the Associated Press.

    Collins said the hospital will continue patients already in its care, but “this is the place where people have wanted to come when all else has failed. It’s heartbreaking.”

    21:15 GMT: Senate Intelligence Committee Chairwoman Dianne Feinstein (D-California) said Tuesday that the government shutdown could give terrorists an opportunity to launch an attack on the US.

    “The failure of this Congress to perform its most basic functions means our country is more at risk of a terrorist attack,” she said on the Senate floor.

    “Our shutdown is the biggest gift we could possibly give our enemies. What we are doing now is putting lives at risk. What we have done damages our national security directly.”

    21:13 GMT: The Obama administration’s prediction that there would be problems with HealthCare.gov, the site where Americans were encouraged to enroll for the new health care problem, came true on Tuesday.

    Site outages were reported almost immediately and some users were encouraged to return to the page at a later date if they did not want to brave the long wait times.

    20:00 GMT: NASA.gov was down as a result of the government shutdown, though it had been displaying a notice stating as much before the site became entirely inaccessible.


    19:49 GMT: US Senate Democratic leader Harry Reid says Republicans must agree to open the government before Democrats would consider their latest offer, Reuters reports. He spoke at the opening of the enrollment in health insurance exchanges.


    18:45 GMT: The Mars Curiosity rover is among services deemed non-essential and has been furloughed. The rover is now in 'safe mode,' meaning it won't be fully shut down. However, it won't be collecting any new data either.

    18:34 GMT: The Department of Defense has said that all sports at service academies have been temporarily suspended, according to AP.

    18:23 GMT:
    The White House has rejected a Republican-proposed series of small funding bills, stating that it displayed an “utter lack of seriousness” regarding government funding.

    “If they want to open the government, they should open the government, and then we can negotiate about how we fund our budget priorities in the future,” White House spokesman Jay Carney told reporters.

    18:15 GMT: Slate.com says it has obtained "an exclusive video of govt shutdown on NASA", whose site has been blacked out.

    The video, which is actually a trailer for a new Hollywood blockbuster movie, depicts an astronaut floating in outer space, played by actress Sandra Bullock, failing to establish a connection with NASA’s headquarter due to the agency’s closure.


    18:04 GMT: US President Barack Obama promoted the ‘Obamacare’ health reform during his speech in the White House Rose Garden saying that the “opportunity is life changing” and the affordable care act "is settled and it is here to stay."

    Obama’s remark concerning shopping for insurance on healthcare.gov which makes it as easy as buying flights on Kayak, has sparked sarcastic comments on Twitter.

    17:40 GMT: The Republican leaders suggested passing a series of non-controversial bills to fund certain functions of government, reopen individual federal agencies or programs at current spending levels, said a senior House aide as cited by Reuters.

    17:10 GMT: US President Barack Obama has slammed the Republicans for their 'ideological crusade'on the government shutdown during a statement in the White House Rose Garden on the first day of the government shutdown.

    "They've shut down the government over an ideological crusade to deny affordable health insurance to millions of Americans," he said.

    Obama urged the lawmakers to vote to keep government operations running without conditions.

    "Many Representatives have made it clear that had they been allowed by Speaker (John) Boehner to take a simple up or down vote on keeping government open with no strings attached, enough votes from both parties would have kept the American people's government open and operating," he said.

    He said the shutdown happened because House Republicans "demanded ransom just for doing their job."

    The Congress has to stop governing by crisis as it is a drag on the US economy, the President said adding that if it does not lift the debt ceiling, it would be worse than a government shutdown, it would be an ‘economic shutdown.’

    U.S. President Barack Obama delivers remarks about the implementation of the Affordable Care Act in the Rose Garden of the White House in Washington, October 1, 2013. (Reuters / Jason Reed)

    17:00 GMT: US veterans have stormed and occupied their World War II Memorial in Washington DC in protest. Many federal landmarks were closed as of Tuesday morning due to the Federal government shutdown.
    Last edited by butterfly; 10-03-2013 at 07:21 AM.

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  52. #29
    Senior Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    Obama will sich im US-Haushaltsstreit nicht beugen
    Obama will not leave his stand in the US Government shut down


    US-Präsident prangert "unnötigen" Stillstand an
    US President blames stagnation "unnecessary"


    AFP – vor 3 Stunden/October 3rd, 2013
    Freigebe


    • AFP - Im US-Haushaltsstreit ist Präsident Barack Obama auch auf einer Krisensitzung mit führenden Republikanern und Demokraten hart geblieben

  53. #30
    Senior Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    Obama bleibt im US-Haushaltsstreit hart
    Obama keeps his strong stand


    AFP – vor 40 Minuten/October 3rd, 2013
    Freigeben


    • AFP - Nach drei Tagen Verwaltungsstillstand in den USA ist ein Ausweg aus dem erbitterten Haushaltsstreit zwischen Demokraten und Republikanern nicht in Sicht...

  54. #31
    Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL


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  56. #32
    Senior Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    Quote Originally Posted by jsrionda View Post
    Well well well, they did planed a lot of things going on in the USA that day.3 drills only in Washington and 37 states for the same day ?? Since they wont be able to raise the cieling due to that law, then they have to shift the so short attention of the mass elsewhere and a lovely earthquake would do. Even if its for a drill first.

    But what really getting me is that 5 billions weapons and munitions that the governement decided to honour its contract, its seemed its never enough of militry power itsnt it.

    Forgot something: that Gridex aka let simulate the plan the grind went down would also be on the 13/14 october.
    Last edited by Starcup; 10-04-2013 at 05:07 AM.

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  58. #33
    Junior Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL


    http://www.infowars.com/government-s...still-running/

    a friend sent this to me.... have not researched or confirmed

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  60. #34
    Senior Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    US-Präsident sagt wegen Haushaltsstreits Asien-Besuch ab
    US President cancels planned Asia visit because of shut down


    Kerry reist nun zu Gipfeln nach Bali und Brunei
    Kerry will go now to Summit in Bali and Brunei


    AFP – vor 39 Minuten/Friday, October 4th, 2013
    Freigeben


    • AFP - Wegen des US-Haushaltsstreits hat US-Präsident Barack Obama seine ab dem Wochenende geplante Asien-Reise abgesagt
    Last edited by butterfly; 10-04-2013 at 03:16 AM.

  61. #35
    Senior Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    Quote Originally Posted by Corrine View Post

    http://www.infowars.com/government-s...still-running/

    a friend sent this to me.... have not researched or confirmed
    Uhm THAT Links is from Infowars which meant Alex Jones: and the problem with Alex Jones is that he never revealed in his so called alternative researched about the role of our Cabals do have in all the collapse. And since he is married with a Jewess he is certainly no going to upset the tribe.

    The fact is that everything can easily be put into a stop and i dunno know what-of-those-everything-is-still-running list would be running once the Martial Law would be going live in the city. To tell the true the American are under martial law since the ending of the 19 th century but they did forgot about it. But if martial law would be declared again due to a national catastrophe may it be earthquake, biological attack, nuclear shutdown, or massive false flag events - take your pick- then the Americans would have nothing left to go to Happy Fema Vacation camps.
    Last edited by Starcup; 10-05-2013 at 04:13 AM.

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  63. #36
    Senior Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    Quote Originally Posted by Starcup View Post
    There are 2 things that are also to considered there: firstly the americans peoples are now prisoner of their own country since without a valid passport they cannot get out. Which meant that even if some of them would realized in the next week what is in store in them then they cannot get out.

    Secondly that museums and locations close up:
    I do remenbered seeing the film 2012 in which the Elites did know in advance about a catastrophic events hitting earth and by this making a second Flood a la Noah again. They did prepared accordingly by building in secret severals luxuries underseaboots where only the elites ones were able to buy a ticket.
    Secondly they also did care of taking the most important Arts object of all Humanity that were hung in differents musuems around the world.
    There is a sequences in film showing how Mona Lisa is hug down form her normal resting and replace with a fake one.

    In the light of closing museums it would be very easy indeed to get those importants Art objects exchange with a false one without the problem of explication why the museum had to be closed of, and without the knowlegde of the museums personels.

    If you then begin to add the fact that the governement did purchase more amo that it would need for the next 25 years and with it some heavy panzered riots cars and Fema is already ready to function since it had order the millions of ready meals now then something big may really be prepared in advance.

    You are absolutely right, Starcup....a very good observation...And there is really something big coming for the people of America...It was planned years ago..And connecting this to the lately ordered ready made meals and drinking water for Fema...There is no doubt in my mind, as regards the purpose of this...

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  65. #37
    Senior Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    Bali birthday invitation: Putin asks Obama to meet in Indonesia on Oct 7

    Published time: October 03, 2013 11:43 Get short URL

    Russian President Vladimir Putin, left, and President of the United States of America Barack Obama

    Obama, Politics, Putin, Russia, USA

    The Russian and US presidents may hold another summit on October 7 and continue their discussion on the Syria crisis. The invitation comes from Vladimir Putin, who will be celebrating his birthday that day.

    The new meeting between the two leaders could take place in Indonesia, in the background of the forthcoming APEC summit in Bali.

    Vladimir Putin’s aide Yuri Ushakov told reporters on Thursday that the meeting was proposed by the Russian side.

    There was a dynamic and very useful contact in St. Petersburg. It is very logical that, considering the works on the Syrian topic, they meet again in Bali. We support this,” RIA Novosti quoted him as saying.

    Ushakov also added that the idea of the new meeting first appeared during the preparations for the APEC summit and this was a Russian side’s idea that was immediately supported by the US side.

    If the Bali meeting takes place it would fall on Vladimir Putin’s 61st birthday.

    The last meeting between Russian and US presidents took place in Russia’s St. Petersburg in early September this year as the city was hosting the G20 summit. Initially, Barack Obama had planned to meet Putin during a visit to Moscow, timed with the summit, but this visit was canceled, reportedly over the two nations’ disagreements on a number of issues – first of all, the situation in Syria and the fate of NSA whistleblower Edward Snowden.

    The relations between Vladimir Putin and Barack Obama are those that should be between the leaders of two states that share the responsibility for global security and stability. They are very constructive, though lately they have plenty of quite serious contradictions,” the Russian President’s press secretary Dmitry Peskov noted back in September.

    No agreements were reached in St. Petersburg, but the talks possibly paved the way to the US support of the Russian plan to take Syrian chemical weapons under international control, that was agreed later by the two countries’ chief diplomats, Sergey Lavrov and John Kerry.

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  67. #38
    Senior Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    uhm is getting stranger and stranger, so due the governement shutdown Obama is forced to revised his tour planning but now we got Putin inviting him to meet him at Bali on his own birthday ?-

    And of course its to discuss Syria and the situation ??, uhm the Cabals wouldnt like it all since they are still screaming with all their lung to attack Syria and Iran.

    but there is something else too:

    http://www.youtube.com/watch?v=VCIa1EYQzSE
    http://www.youtube.com/watch?v=_sl_vOzKINY
    This lovely mansion Pensmore is a bullet proof, tornado proof, selfsuccient and bigger than the White House !. And of course we have no way to tell that kind of infrastructure would be under her. I suppose that now it may be question how long it would take to complete it. The date to finished that house is next year or even this year like an article implied it. and the official reason for building it to make use of all building technology we are able to use now.
    Personaly am surprise that they hadnt finished it yet and already move in but perhaps the elites only learnt about the mega event a bit too late for this ?.
    And please dont tell me its only build for the testing the new building form, the tech of building that the cabals had since ages may even be better than that.
    And true to be told an added comment: the House is build for more than to house 15 bedroom and 14 bathroom. They may even had already complete the construction it since they had roofed the house and most of the youtube videos are one to severals months old


    Secondly we got this:
    http://www.youtube.com/watch?v=kK6nLz79ylA
    Its the 15 000 troups form Russia that Obama asked Putin in their last meeting.
    In my understanding America do have enough troups on her own so what is going on there ?
    Last edited by Starcup; 10-05-2013 at 12:33 PM.

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  69. #39
    Senior Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    Found something else related to that Pensmore Maison:

    Firstly it seemed that the have build a underground city next to the place the mansion is being build.

    see this: http://www.youtube.com/watch?v=dyko2rwRpEc

    This is a 40 min show about the Pensmore Masion and the location around it: they got one big underground citie down there as a massive increase of Bank building suddenly poting out of the air.

    Firstly we must be aware that this show is Youtube so fast everyone had already /may see it. But since its show on the media in Truth TV or whatever, there is one fact that the Elites always do: As Ron had written, they are always warning us in advance of future desaster or war. They put clues.
    They are still doing it in plain sight of everyone but very few are realizing that something big is going on.

    The thing that make sure that this is a governement building that Mansion is simply that the owner who was a ex Cia member didnt have to ask for the city for municipal building right.
    No one would be able to pass something like this. If anyone of us would have want to build something we would be harass by dozens of building laws and others like suiting our future house with the look of the others in the neigbhourhood.
    But for that Mansion the plans hadnt been revealed so everything could be build there inside. Secondly just looking at the size of the House you would need an army of servants and gardners and security to even lived there. The place is simply too massive for living alone.

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  71. #40
    Senior Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    U.S. gridlock on debt ceiling increasing dangers of default: banks loading ATMs with cash for possible bank runs

    Posted on October 4, 2013 by The Extinction Protocol


    October 4, 2013WASHINGTON The U.S. Treasury Department on Thursday released a report warning of potentially “catastrophic” damage should Congress fail to raise the debt ceiling and prevent the government from defaulting on its debt. “A default would be unprecedented and has the potential to be catastrophic: credit markets could freeze, the value of the dollar could plummet, U.S. interest rates could skyrocket, the negative spillovers could reverberate around the world, and there might be a financial crisis and recession that could echo the events of 2008 or worse,” the report states. In recent weeks, Wall Street has become increasingly skittish about the prospect of default, as top Republicans have argued that a standoff over the debt ceiling offers their party the most leverage to exact concessions from a Democratic Senate and a Democratic president. On Tuesday, House Budget Committee Chairman Paul Ryan (R-Wis.) called the debt limit a useful “forcing mechanism.” President Barack Obama has said he will not negotiate over the full faith and credit of the United States. The cost of insuring one-year U.S. bonds against default has quintupled since Sept. 23, according to data from Markit, a financial information company. Treasury Secretary Jack Lew has said that the government will run out of legal options to avoid defaulting on the national debt by Oct. 17. Thursday’s Treasury report mentioned that even the prospect of default can cause economic problems, including lower consumer confidence, stock market volatility and higher interest rates on business loans and mortgages. An actual default could have consequences for years to come. The U.S. has never defaulted on its debt, which is widely considered to be the world’s safest financial asset. “Considering the experience of countries around the world that have defaulted on their debt, not only might the economic consequences of default be profound, but those consequences, including high interest rates, reduced investment, higher debt payments, and slow economic growth, could last for more than a generation,” the report states. -Huffington Post

    Experts warn political miscalculation could end in global economic disaster

    Banks loading ATMs with cash: Even as the fear mongering over the debt ceiling hits proportions not seen since 2011 (when it was the precipitous drop in the market that catalyzed a resolution in the final minutes, and when four consecutive 400 point up and down DJIA days cemented the deal – a scenario that may be repeated again), some banks are taking things more seriously, and being well-aware that when it comes to banks, any initial panic merely perpetuates more panic, have taken some radical steps. The FT reports that “two of the country’s 10 biggest banks said they were putting into place a “playbook” used in August 2011 when the government last came close to breaching the debt ceiling. One senior executive said his bank was delivering 20-30 per cent more cash than usual in case panicked customers tried to withdraw funds en masse. Banks are also holding daily emergency meetings to discuss other steps, including possible free overdrafts for customers reliant on social security payments from the government.” The problem with bank runs is that often times, steps taken to mitigate future panics become self-fulfilling prophecies. Hopefully this is not one of those cases. Then again, since increasingly fewer Americans actually have money in deposit and savings accounts with banks, there is likely nothing to worry about. –Zero Hedge

    No end in sight to shut down: Washington entered the fifth day of a partial government shutdown on Saturday with no end in sight even as another, more serious conflict over raising the nation’s borrowing authority started heating up. The U.S. House of Representatives prepared for a Saturday session but with no expectations of progress on either the shutdown or a measure to raise the nation’s $16.7 trillion debt ceiling. Congress must act by October 17 in order to avoid a government debt default. Republican House Speaker John Boehner tried on Friday to squelch reports that he would ease the way to a debt ceiling increase, stressing that Republicans would continue to insist on budget cuts as a condition of raising the borrowing authority. On the shutdown, Boehner said Republicans were holding firm in their demand that in exchange for passing a bill to fund and reopen the government, President Barack Obama and his Democrats must agree to delay implementation of Obama’s health care law. The launch date for Obamacare health insurance exchanges came and went on October 1, meaning Republicans are now in a more difficult political position of trying to stop something that has already begun. Although essential government functions like national security and air traffic control continue, the economic and policy effects of the shutdown are amplified the longer hundreds of thousands of federal workers remain at home and unpaid.

    Negotiations on tax and free trade treaties are on hold, enforcement of sanctions against Iran and Syria are being hindered, and a government tester of dangerous consumer products spends his days at home. Nerves and sometimes tempers frayed on Friday after several weeks of long sessions of Congress and non-stop posturing. “This isn’t some damn game,” said Boehner, responding to a Wall Street Journal article that quoted an unidentified White House official saying Democrats were “winning” the shutdown battle. The Democratic president reiterated that he was willing to negotiate with Republicans, but said, “We can’t do it with a gun held to the head of the American people. There’s no winning when families don’t have certainty over whether they’re going to get paid or not,” Obama told reporters when he visited a downtown Washington lunch spot that was offering a discount to furloughed federal government workers. The shutdown began on Tuesday when the Republican-led House of Representatives refused to approve a bill funding the government unless it included measures designed to delay or defund key provisions of Obama’s signature legislation, the 2010 Affordable Care Act, which are now being implemented. -Reuters


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  73. #41
    Senior Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    Wednesday, October 2nd, 17:32 GMT: Major business leaders who met with Obama on Wednesday have agreed that there will be dire consequences if legislators fail to raise the US debt ceiling and bring a swift halt to the government shutdown. “We're already in the short-term consequences of a shutdown,” said Goldman Sachs Chief Executive Lloyd Blankfein, who was in the meeting. He added that the long term consequences of a shutdown and ‘certainly’ the consequences of a debt ceiling not being raised, “are extremely adverse.”

    Lloyd Blankfein (R), Chairman and CEO of Goldman Sachs, and Brian Moynihan (L), CEO Lank of America, speak to the media after attending a meeting of the Financial Services Forum with US President Barack Obama at the White House in Washington, DC, October 2, 2013, on the second day of the government shutdown. (AFP Photo/Saul Loeb)


  74. #42
    Senior Member Ascension Guy's Avatar

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    Does anyone think that they will also fail to raise the debt limit mid month?

    IMO - This is all about messing with us.

    Don't raise the limit and then turn off the electricity.
    The dark's last gasp for control.

  75. #43
    Senior Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    Quote Originally Posted by Ascension Guy View Post
    Does anyone think that they will also fail to raise the debt limit mid month?

    IMO - This is all about messing with us.

    Don't raise the limit and then turn off the electricity.
    The dark's last gasp for control.
    there is a law from the 19 th that is simply not allowing the congress to raise debt limit during a governement shutdown. In the chaos they would make another big event, , mega disaster or whatever.

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  77. #44
    Senior Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    Financial analyst warns U.S. debt default would trigger a Great Depression

    Posted on October 6, 2013by The Extinction Protocol


    October 6, 2013WASHINGTONAs we close out the first week of the government shutdown, a bigger and even more toxic disaster is creeping into the fray that could make the contentious budget battle look like a slap fight. The Treasury Department said Uncle Sam will be broke by October 17th unless something is done. Treasury secretary Jack Lew hammered home that point Thursday by releasing an unusually ominous statement that warned of catastrophic risks to the economy. House Speaker John Boehner has said he won’t let the government default on its debt, but until steps are taken to raise the nation’s debt ceiling, the possibility of default is still theoretically alive. “If they seriously default on the debt, what we’re really talking about is a depression,” says veteran financial sector analyst Richard Bove, VP of research at Rafferty Capital Markets. In the news video he explains how the fallout would be a lot worse than the recession suffered in 2008 and the aftershocks would be felt for at least a decade. “The first thing you have to do is look at who holds the debt,” Bove says of the $16.7 trillion of bonds the U.S. currently has outstanding. “The first, biggest owner (of U.S. debt) is the social security fund, so you’d have all of these people who are receiving social security payments who now have to question whether they’ll get their payments.” Clearly, that would cause a huge disruption to millions of Americans. But Bove says that is only the beginning since the second biggest holder of Treasuries (at about 12% of the total) is the Federal Reserve, which has “91% of its assets backed by U.S. government debt.” If the value of those assets were to decline, which they indisputably would in a default, Bove says the net effect would be that “we have nothing of value backing the dollar.” They’re actually “Federal Reserve Notes’ as well as the number one asset of choice held in the reserves of governments and businesses all over the world.

    A plunge in Treasuries would also devalue the dollar, which would instantly make everything we buy more expensive, and in turn destabilize countries and economies all over the world. “Eleven-percent of all U.S. debt is owned by the Chinese,’” he says. “That $1.4 trillion represents about a third of the reserves of the People’s Bank of China, so what we’ve now said to the PBOC is, ‘Watch out, we may hit the value of a third of your assets and you can’t do anything about it.’” And this isn’t even half of it. As Bove explains, money market funds, which are used by virtually every person with a savings or investment account, are also “heavily loaded with Treasuries.” So are most bond funds and so-called balanced funds (growth and income funds). A default on U.S. debt would not only cause money funds to “break the buck” –not be able to pay 100-cents for each dollar invested)– but would also cause forced selling by countless other funds that are mandated to immediately sell any asset that has defaulted. “That could easily put $750 billion of Treasuries on to the market” Bove says, inferring that rates interest rates would also spike, and normal borrowing/lending transactions would end. Speaking of banks, the U.S. banking industry holds over a trillion dollars worth of Treasuries and another trillion dollars of government issued mortgage-backed securities, Bove says. If those bonds were to go down in value, he says the banks would also have to “write down the value of those assets and, in essence, wipe out their equity.” It would make the banks insolvent. To summarize, Bove asserts that a default is unthinkable because it would trigger a huge reduction in the value of U.S. debt, which would go beyond disrupting social security payments. A default would upend money markets, destroy bond funds, slam the brakes on lending, cause interest rates to spiral, make our banks insolvent, and deal a blow to our foreign trading partners and creditors around the globe; all of which would throw the U.S. and the world into economic disarray. -Yahoo News

    October jinx: October is historically the worst month to play chicken with global financial markets. So the U.S. deficit spending reaching its ceiling limit on October 17, 2013 may already be the worst thing in the world for jittery financial markets that could be spooked by a miscalculation. What’s the first thing that comes to mind when investors hear the word October? Ghoulish Halloween costumes? Nope. Stock market crashes? Bingo! When it comes to wealth suddenly disappearing, October can be diabolically frightful. The stock market crash of 1929 that led to the Great Depression occurred in October. So did the 22.6% plunge suffered by the Dow Jones industrial average in 1987 on “Black Monday.” The scariest 19-day span during the 2008 financial crisis also went down in October, when the Dow plunged 2,675 points after investors fearing a financial collapse went on a panic-driven stock-selling spree that resulted in five of the 10 biggest daily point drops in the iconic Dow’s 123-year history. October is “known as the jinx month because of the crashes,” according to Stock Trader’s Almanac, the bible for seasonal stock market statistics and trading strategies. Coincidently, Atlas Shrugged Part II, about the financial collapse of America and the institution of martial law, was also released in October of 2012. –USA

    October is a jinx month for inverstors ?? that new but you have to know that EVERY DEPRESSION is and was orchastred by the BANK AnD THE ONES Neo Pharisee controlling the Banks. ITs always a prepared events where some of the Tribe were able to destroy its concurence by buying them back for a penny, for example some middle banks in the great depression were bought for a penny or 2 from their big concurence. Its a time to get all those propriety and others factories for a cheap coin. Of course the one in the Tribes doesnt suffer the consequence, they have ample time to prepare themselves for that event, in contrary to the mass of people the average consumer and the normal but not belonging to the tribe investors, who of course would be dealing with the loss of their houses, income, jobs, security, rents and even life. CMA said that 7 millions of American people died from the effect of the GReat Depression of 1929, which was still in effect for the decade of the 30s until the war years. How many would died today ? with an economy that is only producing garbage and military new gadgets to kill ?. IN the 30s people knew how to cultivate a garden, knew how to can the food, knew how to preserve everything to live on less and make their own clothing. How many people know those skills today ?.


    What the article is no telling you is that you got something called DERIVATIVE DEBTS AS WELL, the usa something around of some 100 trillions more, a debt that the USA would be never able to repay and neither the rest of the world.




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  79. #45
    Senior Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    Boehner prepares to let the US default

    Published time: October 07, 2013 16:22
    Edited time: October 07, 2013 16:56
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    Speaker of the House John Boehner (R-OH) (Chip Somodevilla/Getty Images/AFP)

    Crisis, Economy, Obama, USA

    The top Republican in the House of Representatives warned President Barack Obama over the weekend that he’s ready to let the United States default — and that the White House is to blame.

    House Speaker John Boehner (R-Ohio) told ABC’s “This Week” on Sunday that Republicans in his chamber would not immediately honor the White House’s request to raise the US debt ceiling, setting the stage for what would be the first ever federal default in the history of the country.

    Answering whether he thinks a default is imminent, Boehner said, “That's the path we're on."

    Boehner warned that Obama was "risking default by not having a conversation with us."

    US Treasury Secretary Jack Lew told Fox News that defaulting on the country’s debt would be both“irresponsible” and “reckless.”

    The Obama administration has urged Congress to raise the US debt ceiling, essentially increasing the amount of money that the US Treasury can borrow from other nations. Should the ceiling not be raised ahead of an October 17 deadline, however, the US is expected to default and likely damage further its reputation within the international community.

    The Republican refusal to increase the debt ceiling in Congress comes amid a government shutdown expected to enter its second week on Tuesday.

    The reluctance of the GOP to approve a budget that includes President Obama’s hallmark Affordable Care Act turned chaotic last Tuesday when a 12 a.m. deadline came and went without a compromise.

    Again, Republicans insist that catastrophe could be averted if the White House agrees to discuss its spending habits with Congress and perhaps reach a compromise ahead of the looming Oct. 17 deadline.

    "The nation's credit is at risk because of the administration's refusal to sit down and have a conversation,"
    Boehner told ABC's "This Week.”

    According to Boehner, House Republicans are not interested in approving any "clean" debt limit bill. Instead, the speaker says the White House should engage in a conversation that could yield a compromise between both parties.

    “I told the president, there’s no way we’re going to pass one. The votes are not in the House to pass a clean debt limit,” Boehner said. “And the President is risking default by not having a conversation with us.”

    "I don't want the United States to default on its debt,"
    Boehner said. "But I'm not going to raise the debt limit without a serious conversation about dealing with problems that are driving the debt up. It would be irresponsible of me to do this."

    “He knows what my phone number is. All he has to do is call,” added Boehner.

    - - - Updated - - -






    ‘Big lender’ China urges US to avoid bankruptcy

    Published time: October 07, 2013 14:30 Get short URL

    China's Vice Finance Minister Zhu Guangyao (Reuters)

    Budget, China, Crisis, Finance, Global economy, USA

    As the Government shutdown in the US enters its second week, the country is just 10-days away from default, and the country’s main creditor China has urged Washington to take decisive steps to avoid bankruptcy and ensure safety of Chinese investments.

    China, the US government's largest foreign creditor, is "naturally concerned about developments in the US fiscal cliff", as Reuters quoted Vice Finance Minister Zhu Guangyao giving the Chinese government's first public response to the Oct 17 US deadline for raising the debt ceiling.

    China currently holds 22.85 percent of the US $16.7trln debt, which makes it the biggest US creditor.



    Treasury Secretary Jacob Lew calculated the US would run out of money by October 17 and have less than $30 billion cash in hand if Congress fails to agree on its spending plans.

    "We ask that the United States earnestly takes steps to resolve in a timely way before October 17 the political (issues) around the debt ceiling and prevent a US debt default to ensure safety of Chinese investment in the United States and the global economic recovery," Zhu said.

    In 2011 a similar budget deadlock cost the US its triple-A rating, with Standard & Poors downgrading the country to AA+.

    "We hope the United States fully understands the lessons of history," Zhu said.

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  81. #46
    Senior Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    U.S. political intransigency unsettles financial markets: China warns U.S. against a default

    Posted on October 7, 2013 by The Extinction Protocol



    October 7, 2013NEW YORK -

    U.S. stocks dropped on Monday as the partial U.S. government shutdown dragged on with no signs politicians were willing to relax positions over the debt-ceiling limit or budget impasse.

    Republican House Speaker John Boehner vowed on Sunday not to raise the U.S. debt ceiling without a “serious conversation” about what is driving the debt, while Democrats said it was irresponsible and reckless to raise the possibility of a U.S. default.

    The United States faces a deadline of Oct. 17 to raise its $16.7 trillion debt limit or risk an unprecedented debt default.

    The two issues of emergency funding for the government to operate and increase the U.S. borrowing authority started out separately in the House but have been merged by the pressure of time.

    “Now you’ve got not only the budget but the debt ceiling and time is running out and everybody knows it, including (the politicians),” said Terry Morris, senior vice president and senior equity manager for National Penn Investors Trust Company in Reading, Pennsylvania.

    “The longer this goes on, the more the uncertainty, the closer the deadline and the more nervous investors are going to be.” The S&P 500 has fallen for two straight weeks and is down nearly 3 percent from its all-time high of 1,725.52 on concerns about the effect of Washington dysfunction on the economy.

    Each of the 10 major S&P sectors were lower, with financials and energy the worst performers. Exxon Mobil Corp, down 1 percent to $85.42, and Wells Fargo & Co, off 1.5 percent to $49.70 were the biggest drags on the S&P 500 index. The Dow Jones industrial average fell 149.44 points or 0.99 percent, to 14,923.14, the S&P 500 lost 14.4 points or 0.85 percent, to 1,676.1 and the Nasdaq Composite dropped 30.381 points or 0.8 percent, to 3,777.373. –Reuters






    Unprecedented economic calamity:


    Anyone who remembers the collapse of Lehman Brothers Holdings Inc. little more than five years ago knows what a global financial disaster is. A U.S. government default, just weeks away if Congress fails to raise the debt ceiling as it now threatens to do, will be an economic calamity like none the world has ever seen.

    Failure by the world’s largest borrower to pay its debt — unprecedented in modern history — will devastate stock markets from Brazil to Zurich, halt a $5 trillion lending mechanism for investors who rely on Treasuries, blow up borrowing costs for billions of people and companies, ravage the dollar and throw the U.S. and world economies into a recession that probably would become a depression.

    Among the dozens of money managers, economists, bankers, traders and former government officials interviewed for this story, few view a U.S. default as anything but a financial apocalypse.

    The $12 trillion of outstanding government debt is 23 times the $517 billion Lehman owed when it filed for bankruptcy on Sept. 15, 2008. As politicians butt heads over raising the debt ceiling, executives from Berkshire Hathaway Inc.’s Warren Buffett to Goldman Sachs Group Inc.’s Lloyd C. Blankfein have warned that going over the edge would be catastrophic.

    “If it were to occur — and it’s a big if — one would expect a series of legal triggers, potentially transmitting the default to many other markets,” said Mohamed El-Erian, chief executive officer of Pacific Investment Management Co., the world’s largest fixed-income manager.

    “All this would add to the headwinds facing economic growth. It would also undermine the role of the U.S. in the world economy.” –Yahoo Finance






    China warns U.S. against a default
    :

    A senior Chinese official has warned that the “clock is ticking” to avoid a U.S. default that could hurt China’s interests and the global economy. China, the US’s largest creditor, is “naturally concerned about developments in the U.S. fiscal cliff,” vice finance minister Zhu Guangyao said.

    China holds about $1.3 trillion dollars in U.S. Treasuries.

    Washington must agree a deal to raise its borrowing limit by 17 October, or risk not being able to pay its bills. He asked that “the U.S. earnestly take steps to resolve” the issue.

    U.S. Treasury Secretary Jacob Lew has said that unless Congress agrees an increase in the debt ceiling by 17 October, Washington will be left with about $30bn in cash to meet its obligations – about half the $60bn-a-day needed.

    For many governments and investors the approaching deadlock over the debt ceiling is far more critical than the current impasse over the federal shutdown caused by Congress’s failure to agree a new budget.

    On Sunday Republican House Speaker John Boehner reiterated that Republican lawmakers would not agree to raising the debt ceiling unless it included measures to rein in public spending.

    Mr. Zhu said that China and the U.S. are “inseparable.” Beijing is a huge investor in U.S. Treasury bonds.

    “The executive branch of the U.S. government has to take decisive and credible steps to avoid a default on its Treasury bonds,” he said. “It is important for the U.S. economy as well as the global economy.” –BBC



    Playing with Fire:

    U.S. budgetary uncertainty is breeding a cloud of fear over global financial markets, and whether both sides harbor intensions of parlaying the dare to the precipice of the eleventh hour to get their way or not; the damage of increased risk to markets may have already been sown.

    In such a climate of uncertainty, the psychological maelstrom of fear can have incalculable effects on the human psyche.

    The slightest miscalculation could lead to disaster, as the margin for error is gravely minimalized.

    The wrong button hit by a trader, or a large investor moving money out of the market due to safety concerns could be enough to trigger an avalanche of sell-offs that could send markets crashing from Singapore to Dubai.
    -TEP

  82. #47
    Senior Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    ‘US nervous breakdown’ trips up Obama’s Asia pivot

    Get short URL
    Published time: October 08, 2013 16:02

    US President Barack Obama (AFP Photo/Saul Loeb)

    Asia, Crisis, Economy, Obama,Politics, USA

    With the US government caught up in a full-on nervous breakdown, President Barack Obama had bigger fish to fry than the APEC summit, Dr. Conn Hallinan, a columnist for Foreign Policy in Focus, told RT.

    From October 5-7, world leaders gathered at the annual Asia-Pacific Economic Co-operation summit in Bali, Indonesia, although much has been made of Obama’s conspicuous absence.

    Obama canceled his trip to deal with the partial US government shutdown, which, if not resolved, could prove "catastrophic," the White House has warned.

    Obama had originally intended to discuss a 12-nation free trade agreement known as the Trans-Pacific Partnership.

    On Sunday, the Prime Minister of Singapore expressed his regret over Obama’s absence, saying the world wanted to see “a US president who is able to travel and fulfill his international duties.

    Russian President Vladimir Putin, on the other hand, said his absence was justified, as any “leader of a state would have done the same” in Obama’s position.

    Hallinan says that despite the importance of the United States’ Asia pivot, the current crisis gripping America is perhaps the gravest since the Civil War.

  83. #48
    Senior Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    Obama not ready for negotiations with Republicans until the end of government shutdown
    Published time: October 08, 2013 18:33
    Edited time: October 08, 2013 20:59
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    US President Barack Obama speaks during a press conference in the Brady Press Briefing Room at

    President Barack Obama told reporters at the White House on Tuesday that he will discuss the future of his Affordable Care Act with Republican opponents in the House of Representatives only once Congress re-opens the United States government.

    At the start of the second week of a widespread government shutdown, Pres. Obama warned House Speaker John Boehner (R-Ohio) during his Tuesday afternoon address that the White House won’t negotiate the fate of the president’s hallmark “Obamacare” legislation.

    One week earlier, a stalemate in Congress was unable to be resolved ahead of a Tuesday morning deadline required to pass a spending bill that would have kept the government fully functioning.

    Republican critics of Obamacare refused to authorize any budget plan without ensuring the congressionally approved health care act would be defunded.

    Obama said Tuesday that he is happy to have a conversation or negotiation with Republican leadership in the house, but such a discussion “shouldn’t require hanging the threats of government shutdown or economic chaos” over American people.

    Members of Congress, and the House Republicans in particular, don’t get to demand ransom in exchange for doing their job,” said Obama. That job, he added, requires those elected officials to pass a budget

    No American president would deal with a foreign leader like this. Most of you would not deal with coworkers or business associates in this fashion, and we shouldn’t be dealing this way here in Washington,” said the president.

    Democrats are eager to reach a deal, added Obama, but said lawmakers would not let talks occur “if the entire basis of the Republican strategy is ‘We are going to shut down the government or cause economic chaos if we don’t get 100 percent of what we want.”

    Let’s lift these threats from our families and our businesses, and let’s get down to work,” Obama added. “Let’s stop the excuses, let’s take a vote in the House [and] let’s end this shutdown right now.”

    Should Republicans not allow the government to re-open, added Obama, then the debt ceiling will not be raised and America may effectively be driven to default.

    A default, warned Obama, “would be dramatically worse” than the government shutdown that started early last week.

    If Congress refuses to raise what’s called the debt ceiling, America would not be able to meet all of our financial obligations for the first time in 220 years,” he said.

    Experts have previously predicted that an economic shutdown would be “insane” and “catastrophic” for the nation, added Obama.

    The president acknowledged that the phrase “debt ceiling” may be too intimidating for lawmakers to tackle the issue at hand, but insisted “this does not add a dime to our debt. It simply says you pay for what Congress has . . . already authorized America to purchase.”

    All it does is allow the Treasury Department to pay for what Congress has already spent,” he said, noting that it’s been done 45 times since the first term of President Ronald Reagan — or around 1.4 times a year.

    “I will work with anyone,” added Obama, who explained that only such talks could occur once Republican members of the House rescind their threats.

    We can’t make extortion routine as part of our democracy. Democracy doesn’t function this way,” Obama said.

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  85. #49
    Senior Member Ascension Guy's Avatar

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    Obama had a list of names in front of him to tell him who to call on at this press conference.

    He was programmed with the answer to give because they knew the questions in advance.
    He called a name but did not know where that person was in the room.

    Did anyone else notice this?

    His press conferences have been a rare event.
    I think it is too hard to program him for these events.

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  87. #50
    Senior Member sylvia's Avatar

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    Isn't the National Park Service caught up in a game of King or queen of the sandbox? I had observed a distinct character difference between protective rangers (police) and interpretative rangers (guides) in my years at the NPS.

    http://www.cnn.com/2013/10/09/us/gov...-side-effects/

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  89. #51
    Senior Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    Still dark on Capitol Hill...

    Published time: October 09, 2013 17:02
    Get short URL

    Reuters / Jonathan Ernst

    Crisis, Finance, Global economy,USA

    As the US government is about to hit its so-called debt ceiling of $16.7 trillion on Oct. 17, the frightening prospect of the world’s biggest economy running out of cash is dominating headlines around the globe.

  90. #52
    I AM THAT I AM Candace's Avatar

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    This is apparently showing up in peoples emails. They sure did get signs up quick,,,,,


    Logistics with the Speed of Light




    Sun, 6 Oct 2013 12:46:52 -0700


    Did anyone besides me wonder how they got all those signs printed and distributed far and wide, including to all the national parks and cemeteries overseas only eight to ten hours after the government shut down? Take a look at this from someone who wanted to remain anonymous.






    I have worked in the government on and off for 40 years. During that time I became quite familiar with requisitions, bidding, awarding contracts etc. It is a time consuming process with bean-counters and pencil-necked bureaucrats every step of the way. The simplest request takes months not days or hours.






    In less than 8 hours of the shutdown, miraculously, professionally printed 3X4 foot signs appeared all over the country in the tens of thousands saying-“this [park, facility, etc. with custom logos] closed due to government shutdown. There has not been a government shutdown in 17 years. These signs were designed, specifications were determined, signs were then requisitioned, bids were posted and vetted, government contracts were awarded. The materials were then ordered and the signs manufactured then distributed U.S. Mails or freight companies.






    This shutdown was orchestrated and planned well in advance at least 6-8 months ago. Millions of tax dollars were appropriated and spent in this process. There is a paper trail a mile long leading directly to the White House.
    Books are not the WORD.. the HUMAN BEING IS THE WORD and when MAN UNDERSTANDS HIS HUMAN ROLE... as the WORD... this planet will come into glory.

    Faith is a term of KNOWING..which produces expectation of that knowing. When one has "faith" something will happen... it is because of the knowing that it CAN happen... and often does when there is enough desire to manifest it. I tire of the "faith" of religions in which the specific religion/sect "followed" is labeled a faith. Religions are not faiths... Faith comes from the inner knowing and in no other way.

    "The human race must become reconciled to a procession of changes, adjustments, and readjustments. Mankind is on the march toward a new and unrevealed planetary destiny."

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  92. #53
    Senior Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    Quote Originally Posted by Candace View Post
    This is apparently showing up in peoples emails. They sure did get signs up quick,,,,,

    Oh yes indeed. But its quite apparant that they need to plan it in advance because i really dont believe they had stored the placate telling "Museum of New York is closed for governemetal shut down " that was used 17 years ago.

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  94. #54
    Senior Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    No compromise: Obama refuses to raise debt ceiling for 6 weeks

    Published time: October 11, 2013 08:39 Get short URL

    U.S. President Barack Obama (Reuters / Kevin Lamarque

    Budget, Crisis, Global economy,USA

    President Obama has rejected raising America's debt ceiling for 6 weeks beyond the October 17 deadline. The compromise was put forward by congressional Republicans, who sought to win time for negotiation and avert an unprecedented US default next week.


    No specific budget decision was taken in the White House on Thursday, where President Obama met with 20 House Republicans, including Speaker John Boehner, for 90 minutes of talks.

    However, a White House spokesman said President Obama "looks forward to continued progress with members on both sides".

    Even though Republicans haven’t achieved what they wanted, the party representatives described the meeting as "useful and productive".

    During the Washington talks Mr. Obama pressed Republicans to reopen the government and increase the possibility that its financing would be restored by early next week if terms for broad budget negotiations could be reached, the New York Times reports.

    Republican Speaker John Boehner proposed extending the debt ceiling for another 6 weeks asking President Obama in return to promise to negotiate over his healthcare plan known as Obamacare.

    Barak Obama insisted he won’t significantly cut Medicare and Medicaid spending, if Republicans don’t agree to raise revenues from reduced tax breaks for corporations and wealthy individuals.

    Mr. Boehner in turn has been reaffirming his party was against tightening taxation, which suggests that future talks could founder.

    Earlier the administration said the President was ready to consider the Republicans’ offer, but wouldn’t allow the GOP to hold the US economy “hostage”.

    “The good news is that Republicans have accepted the principle that they’re not going to attach conditions to the debt ceiling,” said Representative Chris Van Hollen of Maryland, the senior Democrat on the House Budget Committee.

    The US President’s health care programme is a key stumbling block in Washington budget negotiations, which has driven the Government into the first shutdown in 17 years.

    In case US authorities keep on playing political ping pong and fail to agree on its budget as well as a debt ceiling before the country runs out of cash on October 17, the world’s biggest economy could default – the first time in 225 years.

  95. #55
    Senior Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    Senate stalls bi-partisan debt ceiling deal to end government shutdown

    Published time: October 12, 2013 19:02 Get short URL

    Senate Majority Leader Harry Reid, D-Nevada (2nd L) prepares to make a statement with US s

    Budget, Finance, Government Spending, Politics, USA

    With only five days left to a possible default, there is yet no unity in the US senate with Republicans and Democrats rejecting each other’s proposal to end the 12-day-old government shutdown.

    On Saturday the focus of efforts to end the shutdown shifted to the Senate, where the two sides held negotiations in a bid to resolve the stalemate. However, the talks yielded no agreement.

  96. #56
    Senior Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    US government shutdown threatens disruptions to global credit
    Get short URL
    Published time: October 14, 2013 03:53

    AFP Photo / Mark Wilson

    US debt crisis
    China, Global economy, Opposition, Politics, Scandal, USA

    This week, the US may be forced to default on its $16.8 trillion debt if a deal to raise the ceiling is not struck. And some US legislators are acting “irrationally” enough to indeed allow it to happen, Professor Jeffrey Sommers told RT.

    If the US defaults on its debt, the entire global economy could be hit, IMF chief Christine Lagarde warned over the weekend. "We would be at risk of tipping, yet again, into recession."

    Both the Senate and House are scheduled to be in session on Monday to try and strike a deal and bring an end to the two-week-long fiscal crisis.

    RT: If the government shutdown leads to a default on the US debt, what could be the effects of that?

    Jeffrey Sommers: The most dangerous aspect of this is that it affects the US credit rating. And the US of course is the economy that lives on global credit and the foreign purchase of its treasury bill. So this puts it in a very precarious position moving forward in terms of its ability to fund many of its programs domestically.

    RT: Looking at the ways things stand right now, how likely is the US will get to the situation where there will be a default?

    JS: It is very difficult to tell. There are significant pressures of course working to insure that we do not cross that threshold.

    However one has to say that the Tea Party has acted very irrationally at times so it is rather difficult to say whether or not they can be curbed by more modern elements or what I should say more realpolitik elements within the republican party. Certainly that effort is already underway. The Koch brothers, figures like Paul Ryan, very big new players like Scott Walker in Wisconsin Republican Party have all tried to bring an end to this impasse and to have us not cross that threshold.

    RT: Do you think the backers of the Tea Party have created a Frankenstein monster, something that is outside their control? They funded the Tea Party but they did not realized that there is all this other baggage that would come with it. This very strong anti-government sense?

    JS: They have unleashed, in the most pejorative sense of this term, these popular elements that have brought the torches and pitchforks and they are rather difficult to control as it turns out. My guess is that they will be reigned it, but it’s proven far more difficult than the Koch brothers and their organizations such as ALEC had anticipated.

    AFP Photo / Jewel Samad
    RT: Leaders from around the world are sounding nervous about the stand-off - what would be the consequences for the global economy?

    JS: This is all very unsettling for the global credit markets and in particular for countries like the UK for which finance is so important. So for those countries in which finance is a very, very big player in their economies, they are very, very nervous.

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  98. #57
    Senior Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    Losing faith: Global financiers look to de-Americanize

    Published time: October 14, 2013 11:44 Get short URL

    Mark Wilson/Getty Images/AFP

    Crisis, Currencies, Economy,USA

    A US debt default could hit on Thursday, and world leaders are second guessing the dominant role America plays in finance. Regardless of the final decision in Washington, confidence and credibility in the US has already eroded.

    In an editorial published by the Chinese state-owned press agency Xinhua, a columnist says the US economy has ‘failed’ and put many countries who hold state assets in dollars, at risk.

    “To that end, several corner stones should be laid to underpin a de-Americanized world,” the editorial read.

    Last week China, the biggest US creditor, started to make preparations for a technical default on loans.

    The European Central Bank and the People’s Bank of China (PBC) have agreed to start supplying each other with their currencies, avoiding the dollar as an intermediary currency.

    The currency swap agreement will last for three years and provide a maximum of 350 billion Yuan ($56 billion) to the ECB and 45 billion euro ($60.8 billion) to the PBC.

    In a further sign of growing distrust, China introduced a so-called “haircut”, or a discount, on the value of US Treasuries held as collateral against futures trades.

    Developing and developed nations are equally concerned, and institutions like the World Bank and the International Monetary Fund (IMF) have issued several warnings.

    Christine LaGarde, managing director of the IMF told the US they must uphold their financial promises to the international community and raise their debt ceiling.

    Failing to do so would put the world “at risk of tipping yet again into a recession,” LaGarde said in an interview on NBC’s ‘Meet the Press’, which aired on October 13.

    “You have to honor your signature, … give certainty to the rest of the world,”LaGarde urged the US, a strong supporter of the international lending tool.

    The country that has long provided a sturdy backbone to the global economy is now teetering on a mass default.

    If US lawmakers don’t forge a solution to raising the debt ceiling by October 17, investors with US treasury bonds, one of the lowest-risk assets, could suffer.

    “It’s not just China that’s at the mercy of US lawmakers, its everybody in the world that is at the mercy of US lawmakers right now,” David Kuo, Investment Advisor, Motley Fool told RT .

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  100. #58
    Senior Member Aragon's Avatar

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    while these governmental shenanigans could trigger a global financial meltdown. it could also take longer than we have if we are to avoid the usa gov/cabal attack on america's citizenry on nov 13. things do seem to be heating up.
    i suspect that the usa gov will eventually do something to forestall complete default. this creates a situation where Aton may just wrap things up; financial wake up call be damned.

    least ways, i sure hope so. Don't wanna go to them "FEMA happy camps" lol. give us your tired, your poor... we know what to do with 'em. ;)
    Last edited by Aragon; 10-15-2013 at 12:56 AM.

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  102. #59
    Senior Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    So China and Europe are already awaiting a default ????. Oh nice am sure that they had already planned it in advance because am sure that they knew about this government shut down as well and this parodic show the americans politicians are presenting on the stage. All good paid actors, they are since most of them left the Congress or the Senate House as millionaires.

    I had already read some strange rumour that the FED had been printing new money back in May this year, so its already re planned and the only ones that dont have a clue are the MASS of Americans, who instead of worrying about the state of the Dollars would be harvest to make a Earthquake drill that day. Maybe this way they wouldnt realized that Their country did got on Default then and by the next time they got up in the next morming they may already be in a nice and lovely Martial law. Obamy can declare a martial law when it pleased him to do so and a defaulf of the nation ecomony is certainly a reason to get the Martial law.

    - - - Updated - - -

    Quote Originally Posted by Aragon View Post
    while these governmental shenanigans could trigger a global financial meltdown. it could also take longer than we have if we are to avoid the usa gov/cabal attack on america's citizenry on nov 13. things do seem to heating up.
    i suspect that the usa gov will eventually do something to forestall complete default. this creates a situation where Aton may just wrap things up; financial wake up call be damned.
    I really dont believe that he would let that occasion happened and let the financial meltdown happened, because without it how are the people going to learn anything ?, well perhaps the first week or 2 of the meltdown.

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  104. #60
    I AM THAT I AM Candace's Avatar

    Shutdown is for MORE Privatization?

    well this is possibly the most "probable" cause behind this I have read. Posting the whole long piece here for "archiving". don't know if the images will copy over or not. Many of OUR prisons are now privatized and on the stock market.... Water is being privatized around the whole world... every huge drop in the Stock Market, allows sell and buying cheap by major corporations.. Remember, the US of A "Federal Government" is a PRIVATE CORPORATION and the "Federal Reserve" is a PRIVATE Corporation,,, which is global besides operating as the the US of A central Bank... It is the Central bank of the worlds central bank,,,, financial tool of the Committee of 300 under the Queen and now controlled by China..... There is some very inaccurate financial figures in this,, but it makes a lot of sense otherwise... All this countries States were privatized under the Federal Government by 1971 and our Private Federal Government was created a private organization in 1871 ..... When Washington DC was created.

    These corporations make a lot of money and then proceed to TAX your income also,,, making a great deal to them.... This was an issue in Europe before ww2 at least, and the proper name for privatization of government and control by corporations is FASCISM.

    http://www.globalresearch.ca/the-shu...system/5354066



    The “shutdown” of the US government and the financial climax associated with a deadline date, leading to a possible “debt default” of the federal government is a money making undertaking for Wall Street.


    Several overlapping political and economic agendas are unfolding. Is the shutdown –implying the furloughing of tens of thousands of public employees– a dress rehearsal for the eventual privatization of important components of the federal State system?
    A staged default, bankruptcy and privatization is occurring in Detroit (with the active support of the Obama administration), whereby large corporations become the owners of municipal assets and infrastructure.


    The important question: Could a process of “State bankruptcy” –which is currently afflicting local level governments across the land– realistically occur in the case of the central government of the United States of America?


    This is not a hypothetical question. A large number of developing countries under the brunt of IMF “economic medicine” were ordered by their external creditors to dismantle the State apparatus, fire millions of public sector workers as well as privatize State assets. The IMF Structural Adjustment Program (SAP) has also been applied in several European countries.


    Will this gamut of deadly macro-economic reforms engineered by Wall Street and the Federal Reserve be conducive to widespread civil disorder across the United States?


    While the declaration of a national emergency or martial law is not envisaged, reports confirm that the Department of Homeland Security (DHS) is currently “engaged in acquiring heavily armored tanks, which have been seen roaming the streets.” In the words of Ellen Brown, “somebody in government is expecting some serious civil unrest…”


    Fiscal Collapse
    Flash back to the meltdown of Wall Street in September 2008. In the wake of the economic crisis, a process of fiscal collapse was initiated.
    The evolving fiscal crisis had set the stage. It has a direct bearing on the issue of shutdown of the federal government and “debt default”.
    The Bush and Obama bank bailouts had led to the appropriation of $1.45 trillion of US tax revenues. This money was channeled to Wall Street under Bush’s Troubled Assets Relief Program (TARP) and Obama’s bailout program initiated at the outset of his first term. This money was transferred to the banks.


    Meanwhile, “defense expenditure” in support of a war economy had spiraled: 740 billion dollars had been allocated (FY 2010) to fund a vast process of militarization including America`s wars in the Middle East and Central Asia.


    “Black Budgets”
    Of significance, there were several other unreported shadowy multibillion dollar bailouts which do not appear in government accounts, not to mention the Pentagon’s black budgets which are not included in the official expenditure accounts of the Department of Defense.
    According to Aviation Week in a 2009 report:


    “the Pentagon’s ‘black’ operations, including the intelligence budgets nested inside it, are roughly equal in magnitude to the entire defense budgets of the UK, France or Japan, and 10 per cent of the total.” (see Big Increases for Intelligence and Pentagon “Black” Programs in 2010 By Tom Burghardt, May 13, 2009


    “War and Wall Street”: Spiraling Public Debt
    In the wake of the 2008 financial crisis, a new structure of public indebtedness had been created. Without accounting for the “black budgets” and “shadowy bank bailouts”, reported defense expenditures plus the bank bailouts amounted to a staggering 2.35 trillion dollars. Total revenue in FY 2010 was of the order of $2.38 trillion.


    In other words, these two categories of expenditure, namely War and Wall Street “had eaten up” (together with interest payments on the public debt) the totality of federal government revenues.


    The $2.35 trillion included the handouts to the banks plus military expenditure and the funding of the multibillion dollar DoD contracts with Lockheed Martin, Raytheon, Northrop Grumman, British Aerospace, et al.


    No Money Left Over From the Public Purse to Fund Regular Government Programs


    What this warped budgetary structure implied (in FY 2009 and 2010) was that there was no money (i.e. residual funds) “left over” from the public purse (tax revenues and other sources of federal government revenue) to fund regular government programs.


    All other categories of expenditure including medicare, medicaid, social security as well as public investments in infrastructure, etc. had to be financed through debt creation (emission of Treasury bills and government bonds), namely through a dramatic increase in the public debt from $9.9 trillion in FY 2008 to 16.7 trillion (October 2013), a staggering increase of almost 70 percent.


    In essence, the federal government has been financing it own indebtedness through generous handouts to Wall Street and the military industrial complex.


    Widening Budget Deficit
    These developments are also characterized by a widening budget deficit in the wake of the 2008 financial crash. (See CBO graphs below, which indicate the figures for the budget deficit as well as the forecast for 2012-2022).
    The Congress Budget Office (CBO) contends that the “estimates” for 2013-2022 are based on revised historical values of Gross Domestic Product by the Bureau of Economic Analysis (BEA). This is a nonsensical statement.


    Yet the Congress Budget Office (CBO) also acknowledges that “the federal budget deficits [2013-2022] are now expected to shrink dramatically”. These are not our words but those of the CBO. And these “forecasts” have nothing to do with revised historical values of GDP. The have to do with austerity measures and macro-economic policy.






    Budgetary Shift: “Economic Shock Therapy”
    In a matter of three years, according to the CBO “forecast”, the budget deficit will be reduced from 7 percent of GDP in 2012 to 2 percent in 2015.


    A budgetary shift of this nature can only be implemented by “economic shock therapy” leading to socially devastating cuts in public expenditure, which will inevitably result in a wave of civil unrest.


    Built into these “forecasts” is the presumption that drastic austerity measures leading to major cuts in government spending will be carried out over a ten year period (2013-2022) thereby reducing the size of the budget deficit as well as its percentage ratio to GDP. We are not dealing with statistical concepts, the CBO “forecasts” through these 2013-20122 figures a process of fiscal disintegration and impoverishment of the American people.


    Entitlement Programs. Medicare, Medicaid, Social Security


    The so-called CBO “estimates” for 2013-2022 are based on the assumption that austerity measures (which have not yet been formally adopted) will lead to the downsizing, phasing out and/or privatization of a large number of State programs including medicare, medicaid and social security. How else would it be possible to slash the budget deficit from 7 to 2 percent of GDP in 3 fiscal years?
    Medicare, Medicaid and Social Security represented in FY 2012, 45 percent of total government expenditure (See CBO Chart on Federal Government Spending for FY 2012, below).


    Meanwhile, legislation has been launched in the House of Representatives to drastically curtail the Food Stamp program over a ten year period (FY 2013-2022)
    “The US House of Representatives has passed a bill that would slash food stamp funding by nearly $40 billion over ten years, kicking four million people off the program next year.


    While the White House and congressional Democrats have said they will not accept the bill in its present form, its passage sets the baseline for a deal by the Democrats, who also favor significant cuts in food aid to the poorest Americans.


    The food stamp bill would cut $39 billion from the Supplemental Nutrition Assistance Program (SNAP) over ten years. It would force adults between 18 and 50 to either work or attend work training to reapply for benefits, and would also institute drug testing for recipients.” See Slashing Food Stamp Funding: US Congress Moves to cut billions in Food Aid By Andre Damon, September 21, 2013
    It is highly unlikely that the budget of the Department of Defense (19 percent) will be used to reduce the budget deficit.


    Quantitative Easing: “Keeping the Ship Afloat”
    In a bitter irony, while the Wall Street financial institutions were the recipients of the bailouts, they are also the creditors of the federal government, which had been precipitated into a structure of deficit financing controlled by Wall Street. This deficit financing –which was facilitated by Quantitative easing– is distinct from the Keynesian framework. It is controlled by the creditors. It does not create employment, it is not expansionary. It has little bearing on the real economy.


    This post 2008 fiscal structure has had a fundamental impact on the process of debt formation. Tax and other federal government revenues had been assigned in 2008-2009 to bailing out the banks while relentlessly funding the war economy including the financing through black budgets of a growing number of Private military and security companies (PMSC).


    The public debt has increased by almost 70 percent in five years, from 9.9 trillion in 2008 to 16.7 trillion in 2013 (October 2013 estimate of the debt ceiling, see graphs above).


    The various phases of Quantitative Easing (QE) throughout the Obama presidency were largely intended by Wall Street to keep the ship afloat, with an increasingly larger share of the debt owned by the Federal Reserve (in the form of Treasury bills). The Fed has largely been involved in propping up its assets.


    Under QE, tens of billions of dollars are injected into financial markets. Quantitative easing has not resulted in a positive stimulus of the real economy. “The real goal of the Federal Reserve is to guarantee the continual profitability of Wall Street and the personal incomes of the super-rich.”


    The Fed is not a publicly owned central bank; it is a network of 12 private US banks, with the New York Federal Reserve Bank playing a key role. Operating under a semi-secret veil, major Wall Street financial institutions (including the big four) are the “stakeholders” of the Federal Reserve, which ultimately call the shots on Capitol Hill. At the outset of the Obama administration in 2009, The Federal Reserve Banking system (which is an unaccountable private entity) has been granted increased authority in its management of the US economy, overshadowing the prevailing system of public regulation of the financial system, as well as reinforcing the subordinate role of the US Treasury in relation to Wall Street.


    Policies pertaining to the shutdown of the government and the statutory debt ceiling are determined by Wall Street and the Federal Reserve, the US government’s largest creditor. The Federal Reserve banks currently holds $2.1 trillion of US public debt. Japan and China respectively own 1.1 trillion and 1.3 trillion of the US public debt. Based on Jun 2012 figures, The Federal Reserve owns 16 percent of the Federal Debt held by the Public.


    The New York Federal Reserve Bank (the largest of the Federal Reserve banks) holds a significant portion of the total holdings of the Federal Reserve system composed of 12 constituent banks.


    Source: www.nationalpriorities.org
    Were the Federal Reserve to be a publicly owned central bank, quantitative easing would have an entirely different dynamics: the government rather than the Fed (acting on behalf of Wall Street) would be calling the shots. Under a publicly owned central banking arrangement, two trillion dollars worth of public debt could be cancelled, thereby creating conditions for the funding of social programs.
    The result of these macroeconomic reforms has been mass unemployment. The American people –including the middle class– have been impoverished by the Wall Street establishment, which ultimately decides on debt default and the statutory ceiling placed on the public debt.
    Under pressure from Wall Street and the Federal Reserve, the choices of the US government are limited to the following options:
    State programs can either be downsized, phased out or transferred out of the public purse to the private corporate sector, implying in all cases the layoff of tens of thousands of public employees.


    No major reforms of the structure of indebtedness are contemplated by the US Congress, which could meaningfully change the government’s relationship to the Federal Reserve and its Wall Street handlers. The creditors ultimately decide.


    What is contemplated are marginal modifications of the status quo including legislation to push the debt limit to December 31st 2014.
    This token arrangement would temporarily increase the federal government’s borrowing ability through the issuing of Treasury bills and government bonds by about one trillion dollars. Under this scheme, however, the powers of the Wall Street Banks and the New York Federal Reserve would not only be maintained they would be reinforced.


    The ultimate objective is to develop a full-fledged proxy State under the helm of the financial establishment. Both the Executive as well as the US Congress are to remain under the control of Wall Street.


    The Privatization of the American State?


    The inevitable scenario established in the wake of the 2008 crisis is fiscal collapse, leading to:
    the possible phasing out and/or curtailment of social programs, the privatization of large sectors of public sector activity.
    The fiscal ceiling having now been reached, possibly with a deadline, the government is being pressured by its Wall Street handlers –who control decision-making in the US Congress– to curtail and downsize social programs as well as initiate the transfer of public assets and institutions into the hands of private corporations. There is also a movement to cut as well as privatize Social Security and Medicare.


    The privatization of public monuments, museums, national parks, the post office, etc. has been raised in recent media reports as a possible “solution” to the debt crisis. But let us not be misled: the process of acquisition of federal public property including infrastructure and State institutions is likely to go much further.


    The public sector is up for grabs. Wall Street will eventually go on a buying spree picking up State owned assets at rock bottom prices.
    Ironically, the money transferred by the US government to Wall Street under the bailouts in 2008-2009 can now be used by Wall Street to buy out state property and assets. What this means is that the federal government not only finances its own indebtedness, it is also financing the privatization program (at tax payers expense), leading to the demise of federal government programs.


    This process of privatization of the State is nothing new, it has been applied in developing countries under the helm of the IMF whereby state corporations are auctioned off and transferred into the hands of foreign corporations. It has also been applied in Eastern Europe as well more recently in several countries of the European Union.


    The proceeds of the privatization program are channeled to the State Treasury to meet outstanding debt obligations. In Brazil in the 1990s, important state assets in mining and forestry were purchased by Citi Group, which was Brazil’s largest foreign creditor bank. Ironically, the proceeds of the privatization of the assets purchased by Citi Group were channeled back to Citi Group in the form of debt servicing.
    Existing state programs are transferred to private corporations either through outright sale of state assets or through outsourcing of government services to the private sector.


    Large numbers of government employees would be laid off as a result of restructuring and privatization. Government services would be sold to the public at a much higher price.


    The Privatization of American Cities
    The takeover of State assets in America is well under way largely at the municipal and state level. We recall Orange county which went bankrupt in 1994, Jefferson County, Alabama which filed for Chapter 9 bankruptcy in 2011, and more recently Detroit in 2013. In these and other county/municipal bankruptcies, public assets, lands and infrastructure are sold off to private investors. Across the US, more than 100 municipalities are facing bankruptcy:


    All over the United States, politicians are selling off key pieces of infrastructure to foreign investors and big Wall Street banks like Goldman Sachs are helping them do it. State and local governments across the country that are drowning in debt and that are desperate for cash are increasingly turning to the “privatization” of public assets as the solution to their problems. Pieces of infrastructure that taxpayers have already paid for such as highways, water treatment plants, libraries, parking meters, airports and power plants are being auctioned off to the highest bidder. Most of the time what happens is that the state or local government receives a huge lump sum of cash up front for a long-term lease (usually 75 years or longer) and the foreign investors come in and soak as much revenue out of the piece of infrastructure that they possibly can. The losers in these deals are almost always the taxpayers. Pieces of America are literally being auctioned off just to help state and local governments minimize their debt problems for a year or two, but the consequences of these deals will be felt for decades. (Michael Snyder, American Dream, July 6, 2011)


    The bankruptcies of local level governments immediately backlash on pension funds:
    In California, the Orange County Employees Retirement System is estimated to have a 10 billion dollar unfunded pension liability….
    How in the world can a single county be facing a 10 billion dollar hole?


    The state of Illinois is facing an unfunded pension liability of more than 77 billion dollars. Considering the fact that the state of Illinois is flat broke and on the verge of default, it is inevitable that a lot of those pension obligations will never be paid.


    … Pension consultant Girard Miller told California’s Little Hoover Commission that state and local government bodies in the state of California have $325 billion in combined unfunded pension liabilities.


    That comes to about $22,000 for every single working adult in the state of California. (See Vanishing Pensions: All Over America Old Age Pensions Are Being Slashed or Eliminated, Global Research, March 14, 2012)
    The privatization of federal State assets on a significant scale as well as the take over and privatization of public services is the next stage of this socially devastating economic restructuring process.


    Speculative Onslaught
    There is another related agenda, which will be the object of a forthcoming article.


    The uncertainty underlying the government shutdown and debt default is the object of a wave of speculative activity on major markets.
    Wall Street financial institutions not only exert a decisive influence in the formulation of the Administration’s fiscal and monetary agenda, they also control the movement of currency markets, commodity and stock markets through large scale operations in derivative trade.
    Most of the key actors in the US Congress and the Senate involved in the shutdown debate are controlled by powerful corporate lobby groups including, of course, Wall Street. The latter are those which ultimately decide on the outcome. They are not only in a position to influence the results of the Congressional process, they also have foreknowledge of the nature and timing of key decisions and they are in a position to reap multibillion dollar speculative gains in the derivative markets by speculating on policy outcomes of which they have advanced knowledge.


    Those who determine the government’s debt policy, namely the Wall Street creditors, also have “inside information” or prior knowledge of the chronology and outcome of the government shutdown impasse. will make billions of dollars in windfall profits
    While Wall Street is instrumental in triggering the debt ceiling impasse, major financial institutions will also be placing their bets in large scale speculative transactions.




    Michel Chossudovsky is an award-winning author, Professor of Economics (emeritus) at the University of Ottawa, Founder and Director of the Centre for Research on Globalization (CRG), Montreal and Editor of the globalresearch.ca website.
    He is the author of The Globalization of Poverty and The New World Order (2003) and America’s “War on Terrorism”(2005). His most recent book is entitled Towards a World War III Scenario: The Dangers of Nuclear War (2011). He is also a contributor to the Encyclopaedia Britannica. His writings have been published in more than twenty languages.
    He can be reached at crgeditor@yahoo.com
    Minor editing, October 13, 2013
    Books are not the WORD.. the HUMAN BEING IS THE WORD and when MAN UNDERSTANDS HIS HUMAN ROLE... as the WORD... this planet will come into glory.

    Faith is a term of KNOWING..which produces expectation of that knowing. When one has "faith" something will happen... it is because of the knowing that it CAN happen... and often does when there is enough desire to manifest it. I tire of the "faith" of religions in which the specific religion/sect "followed" is labeled a faith. Religions are not faiths... Faith comes from the inner knowing and in no other way.

    "The human race must become reconciled to a procession of changes, adjustments, and readjustments. Mankind is on the march toward a new and unrevealed planetary destiny."

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  106. #61
    Senior Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    White House rejects latest House proposal to end deadlock, as default deadline nears

    Posted on October 15, 2013 by The Extinction Protocol


    October 15, 2013 WASHINGTONThe Obama Administration today dismissed the latest fiscal proposal offered by House Republicans, calling it a partisan attempt to appease Tea Party conservatives. With time running out toward a Thursday deadline to avert a historic U.S. debt default, House Speaker John Boehner proposed an alternative to a Senate plan that would affect Obama’s healthcare law. The White House prefers a proposal from Democrats and Republicans in Senate. White House spokesman Amy Brundage said Obama has vowed repeatedly that lawmakers “don’t get to demand ransom for fulfilling their basic responsibilities to pass a budget and pay the nation’s bills.” The reaction came after some Senators expressed hope that a bipartisan deal could emerge on Tuesday to end Washington’s fiscal crisis. Even if Democrats and Republicans agree, it could be Wednesday before the U.S. Senate signs off on a plan, senators said, close to a Thursday deadline when the Obama administration says it will reach its borrowing limit and risk default. “I think we’ll get an agreement today in the Senate,” Arkansas Democrat Mark Pryor told CNN’s “New Day” program. “I’m not saying we can pass it today because there’s logistics about drafting and getting it to the floor and the procedural things we’ll have to do … but my guess is we’ll pass something in the Senate tomorrow.” Boehner said on Tuesday that no decisions had been made yet regarding House of Representatives legislation to reopen the government and raise the debt limit. “There are a lot of opinions about what direction to go. There have been no decisions about what exactly we will do,” Boehner told a news conference after meeting with House Republicans. “I have made clear for months and months that the idea of default is wrong and we shouldn’t get anywhere close to it.”

    Congressional sources said that the two sides in the Senate were still at odds over Democrats’ demand for a delay in an insurance fee that is part of the new healthcare reforms, which are known widely as “Obamacare.” Thursday is the deadline for raising the debt ceiling to extend the government’s borrowing authority. The Obama administration says it will be unable to pay all of its bills if Congress does not raise the $16.7 trillion debt limit by then. The federal government has been in partial shutdown since Oct. 1 when Congress missed the deadline for funding it. The House plan would include stronger measures targeting Obama’s healthcare law, but still represents a major scaling back of GOP demands and may draw opposition from the most conservative Republicans in the chamber. The proposal would accept key parameters of the emerging Senate deal – reopening the federal government by extending current spending levels through mid-January, and raising the nation’s debt limit through February. But the House plan would add tweaks to the Affordable Care Act. Rather than delay a new tax opposed by labor unions, as the Senate plan would do, the House would delay for some time a tax on medical devices that the law imposes on manufacturers. –Chicago Tribune

    Debt clock ticking, but default damage already unfolding

    Posted on October 15, 2013 by The Extinction Protocol


    October 15, 2013WASHINGTONThe warnings from Wall Street are dire: A stomach-turning dive in the stock market. World economies in peril. Another recession in the United States. A replay of the 2008 financial crisis — or worse. And the date investors are worried about is fast approaching. It’s Thursday, when the United States bumps up against the $16.7 trillion limit set by Congress for the amount of money the government can borrow. Why the alarm? If Congress can’t make a deal and raise the limit, the value of United States government debt — the paper considered the safest investment on earth, the grease for the machinery of the world financial system — will be called into question. As the clock clicks toward Thursday’s deadline, signs of damage are already emerging. The Chinese, who hold more U.S. debt than any other country, have wondered aloud whether it’s time to take their money elsewhere. Consumer confidence has dropped — never a good sign with the holiday shopping season coming. And this was the warning to the Senate last week from the president of the National Association of Realtors: “It’s going to go backwards very, very fast.” He was talking about the housing market — buyers and sellers are getting nervous and canceling deals — but he might have been talking about the entire looming catastrophe if the country hits the borrowing limit. So when do things get bad? No one knows for sure, which is part of what makes Wall Street nervous. Jack Lew, the secretary of the treasury, has warned that on Thursday the government will exhaust its authority to borrow money and have only about $30 billion in cash on hand. On a busy day, the government owes as much as $60 billion in legal obligations authorized by Congress. So the government is already running on fumes. Of course, the United States Treasury isn’t a one-way account. Checks roll in every day from tax payments, including yours. The immediate problem is that the amount of money that flows into and out of the government every day swings wildly.

    A lot comes in around the quarterly tax deadlines — the last was Sept. 15. A lot goes out at the first of the month for Social Security. To smooth things out, the Treasury borrows on the bond market. It accepts loans from investors, who get bonds and bills in return. That paper guarantees the holder that the government will pay the money back, plus interest. And because the United States always makes good on its bond payments — exceptions being when the country was broke after the War of 1812 and because of a paperwork glitch in 1979 — American government debt is considered the safest investment anywhere. If the government is suddenly unable to make interest payments, the value of that debt suddenly drops. The government might be able to delay the interest payments while this gets worked out in Congress. But any delay would cause damage by itself because it would dent the creditworthiness of the U.S. government, the same way your friend would consider you less creditworthy if you “delayed” paying back the $10 he lent you for lunch. The people who determine the creditworthiness of the United States are the three big rating agencies. One of them, Standard & Poor’s, caused a shock to the financial markets in 2011, the last time Congress messed with the debt limit, by stripping the U.S. of its top-notch AAA credit rating. There’s every reason to believe further downgrades are in store if the government defaults. And some investment funds are barred from holding anything less than top-rated debt, which means they could dump U.S. debt and cause its value to plummet. The Federal Reserve cannot accept defaulted securities as collateral. And trillions of dollars of other financial contracts are built on the bedrock of Treasury bonds. It doesn’t take much of a tremor to start breaking windows. -NBC


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  108. #62
    Senior Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    USA nur noch Stunden von Schuldenlimit entfernt
    USA only hours away of the scheduled default

    AFP – vor 1 Stunde 4 Minuten/October 16, 2013




    • AFP - Die USA taumeln bedrohlich auf die Schuldenobergrenze zu: Die Ratingagentur Fitch drohte jetzt dem Staat mit der Herabstufung seiner Kreditwürdigkeit, weil die Regierung in Washington ab Donnerstag zahlungsunfähig …

  109. #63
    Senior Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    Plan B: Central banks getting ready for financial Armageddon

    Published time: October 15, 2013 14:19
    Edited time: October 16, 2013 08:34
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    Reuters/Kevin Lamarque

    Budget, Crisis, Finance, Global economy, USA

    If the US debt-ceiling debate goes past the eleventh hour, and the default of the world’s largest economy becomes a reality, leading central banks around the world are gearing up to minimize losses and keep the world economy functioning.

    Traders signal offers in the Standard & Poor's 500 stock index options pit at the Chicago Board Options Exchange (CBOE) on October 16, 2013 in Chicago, Illinois (Scott Olson / Getty Images / AFP)

    If US lawmakers don’t reach a budget consensus and raise the debt ceiling by Thursday October 17, the US will become the first Western power to default since Nazi Germany in 1933, and will send markets into uncharted territory.

    The rest of the world is bracing itself for what would happen if the bill is rejected, and the US inches closer to defaulting on its debts, which are largely foreign- held in the form of US Treasury Bonds.

    Central banks have begun preparing for the worst-case scenario if US does fault, which would result in a serious devaluation of Treasury bonds, delayed payments, and a more large-scale version of the current government shutdown.

    “Because in the past it’s always been sorted out is absolutely not a reason to fail to do the contingency planning,” Jon Cunliffe, who will become the Bank of England’s deputy governor for financial stability in November, told UK lawmakers.

    “I would expect the Bank of England to be planning for it [US default].
    I’d expect private-sector actors to be doing that, and in other countries as well,”
    said Cunliffe, who acknowledged a default as “the main risk to the [global] financial system”.

    The European Central Bank and the People’s Bank of China (PBC) have struck a deal that moves both banks farther from the dollar orbit. The two banks agreed to ‘swap’ $56 billion worth of yuan for $60.8 billion worth of euros.

    Many central banks have reserves in the form of Sovereign Wealth Funds, which are also at risk if the US defaults, as many of the assets are held in dollars.

    These investment vehicles could be crippled by a default.

    China’s is estimated at more than $1.3 trillion - the world’s largest.
    Last edited by butterfly; 10-18-2013 at 04:31 AM.

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  111. #64
    Senior Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    'Manufactured' crisis cost US $24bn -S&P

    Published time: October 16, 2013 15:59
    Edited time: October 17, 2013 07:39
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    John Zangas, a furloughed worker, protests the government shutdown on Capitol Hill on October

    Budget, Crisis, Finance, Global economy, USA

    Standard & Poor's says the shutdown in total cost the US economy $24 billion, or $1.5 billion per day, the rating agency said Wednesday. The agency also estimated the shutdown will pare fourth quarter GDP by 0.6 percent.


    Obama has signed legislation that will avoid a technical debt default, ending the 16-day partial shutdown of the government that has cost the world's largest economy billions of dollars.

    "The bottom line is the government shutdown has hurt the U.S. economy," the S&P statement said.

    Moody’s Analytics has estimated the government shutdown could cost the US government up to $55 billion, the same amount as devastating Hurricane Katrina in 2005.

    The deal will reopen the government after 16 days of partial shutdown and fund spending through January 15 while extending the $16.7 trillion debt ceiling through February 7. This time frame would be longer than the 6-week extension Obama promised to veto.

    US Speaker Boehner did not block a vote on the legislation in the House, as the lower chamber passed the bill 285-144, putting an end to the weeks-long stalemate.

    The Senate passed the plan earlier Wednesday by a vote of 81-18.
    If the ceiling wasn’t lifted by October 17, the world’s biggest economy would not have had enough cash on hand to pay its bills.

    Previously, IHS Global Insight, a Massachusetts-based research firm, estimated the shutdown was costing America $1.7 billion per week in lost economic output according to astudy.

    Shutdown.com, whose data models and averages the IHS estimate, marks the cost of the government shutdown at $4.7 billion.

    The financial burden of the shutdown has already surpassed the at least $2 billion in destruction brought by floods and mudslides in Colorado in September, according to Eqecat Inc., a California-based catastrophe-risk consultant.



    Damage is done


    In place for almost a century, first introduced in 1917, the US has never defaulted on their debt.

    Republicans and Democrats have used the debt ceiling as a political gambit to rehash budget wars, and every time, put investors on nerve and world markets on edge. These political games have damaged the US' reputation, and could have a lasting effect.

    State-owned Chinese media lambasted the US for creating “manufactured crises”.

    China, which holds the lion's share of US foreign debt in dollar reserves, nearly $1.3 trillion, would have a lot to lose if it wakes up on October 18 and the US dollar has tanked and Treasury bonds and yields fall.

    Fitch Ratings agency announced on Tuesday it has put the United States’ ‘AAA’ credit rating on review because of the stalled debt ceiling negotiations.

    The ‘political brinkmanship’ and ‘reduced financial flexibility’ of the US were cited as reasons to consider downgrading the superpower.

    The 26 day shutdown in 1995-1996 cost the US economy over $2.1 billion in current dollars, according to the Office of Management and Budget Data.

    However, the far-reach of the American economy and the dollar as a reserve currency may preserve the US’s dominant role in the world economy.

    “While the US economy still growing and remains the most efficient in the world, it cannot worry too much about their image,” Igor Nikolaev, director of the strategic analysis department at PKF told RT.

    US gross domestic product is still projected to grow 2 percent in the fourth quarter, but some economists worry the dollar, already at an 8-month low, is at more of a risk because of the default, and the more politicians play with fire and brinkmanship the markets will flinch.

    Last time Congress debated the debt ceiling in 2011, Standard & Poor dropped the United State’s ratings from AAA to AA+.

    The first shutdown in 17 years hit America at a vulnerable time, as it is still digging its heels out of recession and starting to recuperate from the 2008 financial crisis, which stemmed from America’s ‘too big to fail’ banking industry.

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  113. #65
    Senior Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    US avoids default as Congress passes deal to end shutdown

    Published time: October 17, 2013 00:12
    Edited time: October 17, 2013 06:29
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    US President Barack Obama has signed legislation passed by Congress Wednesday to temporarily lift the debt ceiling and end the government shutdown, averting the threat of default just hours before the October 17 deadline.

    The legislation funds the government through to January 15 and lifts the $16.7 trillion debt ceiling until February 7. The White House budget director, Sylvia Mathews Burwell, said she has issued a directive to all government employees to return to work.

    The 16-day budget crisis has subtracted an estimated $24 billion in from the American economy and triggered a flurry of criticism from major foreign lenders and domestic business captains.

    As promised, Obama signed the legislation shortly after it was passed in the House of Representatives.


    US President Barack Obama speaks about the government shutdown and debt ceiling standoff in t
    As indicated before the US Senate vote, Republican House Speaker John Boehner did not block the fiscal deal from moving on, and it passed by a vote of 285-144 in the lower chamber.

    The measure was supported by every Democratic member of the House, but was rejected by a sizeable portion of Boehner’s GOP caucus.

    Conservative Republicans were nearly unanimous in their opposition to the plan, as the federal health care law – the Affordable Care Act, or Obamacare – they so object to will go virtually unscathed after all.

    The Senate approved the proposal by a vote of 81-18 earlier on Wednesday evening.

    Senate Majority Leader Harry Reid and Minority Leader Mitch McConnell spent previous days constructing a deal as the House failed to come to an agreement on a proposal Tuesday.

    “This compromise we reached will provide our economy with the stability it desperately needs. It’s never easy for two sides to reach consensus. It’s really hard, sometimes harder than others. This time was really hard,” Reid said ahead of the vote.

    “The country came to the brink of a disaster. But in the end, political adversaries set aside their differences and disagreement to prevent that disaster."

    Republicans Senators Ted Cruz, Rand Paul and Marco Rubio were among the 18 'nay' votes in the Senate.

    "This is a terrible deal," said Senator Ted Cruz on the Senate floor before the vote. "This deal embodies everything about the Washington establishment that frustrates the American people."

    President Obama said in a statement after the Senate vote that Washington must begin to gain back the trust of voters given that more confrontations on debt, governmental budgeting, and other issues await.

    "Hopefully next time, it won't be in the eleventh hour. We've got to get out of the habit of governing by crisis,” Obama said.

    Senate Majority Leader Sen. Harry Reid (D-NV) speaks to the media as U.S. Sen. Charles Schume
    The US Treasury’s authority to borrow money to pay down US debt obligations was scheduled to end Thursday, October 17. With no full spending bill from Congress, many government operations have been on hold since October 1.

    The 16-day government shutdown has cost the US $1.7 billion per week in lost economic output, according to a study by IHS Global Insight, a Massachusetts-based research firm.

    The S&P ratings agency declared Wednesday the shutdown has subtracted $24 billion from the US economy, cutting 0.6 percent from the fourth quarter GDP growth.

    Major US creditors like China - which holds $1.3 trillion in US Treasuries - have openly discussed “de-Americanizing” as the crises-hopping US government has become increasingly volatile to the world economy.

    China has introduced a so-called “haircut," or a discount, on the value of US Treasuries held as collateral against futures trades.

    Developing and developed nations are equally concerned, and institutions like the World Bank and the International Monetary Fund (IMF) have issued several warnings.

    Some US business leaders are too voicing their discontent with Washington’s political turmoil.
    "Most CEOs I speak to in the United States say they're seeing a slowdown in business because of this," Laurence Fink, the CEO of giant asset manager BlackRock Inc, told Reuters in an interview on Wednesday.

    "I was on a conference call with many of them, and I heard across the board, a slowdown from the American consumer because of this narrative, so it's having an impact on our economy already – and it's going to have an impact on job creation at a time when we need more job creation," he added.


    Image from facebook.com @BuzzFeed

    Upon news of a deal, the Dow Jones Industrial Average shot up by more than 200 points.

    “Investors are relieved that it looks like we’re not going to go over the cliff,” Ben Hart, a research analyst at the Pennsylvania-based Haverford Trust Co., told Bloomberg News. “It takes the worst case scenario off the table.”

    The Senate deal will provide back pay to furloughed government workers and will allow the US Treasury to pay US debt bills should Congress not come to an agreement on the ceiling by February 7.

    In addition, the deal comes with an income verification requirement for anyone receiving health insurance subsidies under the Affordable Care Act.

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  115. #66
    Senior Member Marayah's Avatar

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    Well, at leat one brave heart tried to throw some truth in their faces:

    http://c-spanvideo.org/clip/4469231


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  117. #67
    Senior Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    Thanks for the link but i wasnt able to understand a thing that this man was shutting. At last someone try to get their attention.

    So Obami did it again: HURRRAY i save AMERICA From the Crash- but its of course a no solution: debt would still accumulated and even if they had lifted that theoritical debt cielling that didnt really exist in the first place and are now debt cielling free it doesnt slove anything at all:

    America today is still broke and with the continuing shows going on in Washington D.C. is on the road to get even further broke if that even possible too.
    The printing of more dollars to get the already crippled economy going would be a huge devaluation of the dollars. Since the dollars is already worthless today how much of value would it get in the next months ?- and the rest of the world are awakening to the true that those USA bond arent even worth the paper they are printed on. Already big millionnaire are selling their own share of american compagny, this alone would show that the american economy would be even worst as ever.

    See this links:

    22 Reasons To Be Concerned About The U.S. Economy As We Head Into The Holiday Season

    By Michael Snyder, on October 14th, 2013

    Are we on the verge of another major economic downturn? In recent weeks, most of the focus has been on our politicians in Washington, but there are lots of other reasons to be deeply alarmed about the economy as well. Economic confidence is down, retail sales figures are disappointing, job cuts are up, and American consumers are deeply struggling. Even if our politicians do everything right, there would still be a significant chance that we could be heading into tough economic times in the coming months. Our economy has been in decline for a very long time, and that decline appears to be accelerating. There aren't enough jobs, the quality of our jobs continues to decline, our economic infrastructure is being systematically gutted, and poverty has been absolutely exploding. Things have gotten so bad that former President Jimmy Carter says that the middle class of today resembles those that were living in poverty when he was in the White House. But this process has been happening so gradually that most Americans don't even realize what has happened. Our economy is being fundamentally transformed, and the pace of our decline is picking up speed. The following are 22 reasons to be concerned about the U.S. economy as we head into the holiday season...
    #1 According to Gallup, we have just seen the largest drop in U.S. economic confidence since 2008.
    #2 Retailers all over America are reporting disappointing sales figures, and many analysts are very concerned about what the holiday season will bring. The following is an excerpt from a recent Zero Hedge article...
    Chico’s FAS [CHS] Earnings Call 8/28/13:
    Traffic was our issue in quarter two. In a highly promotional and challenging environment, comparable sales result was a negative 2.6 percent on top of a positive 5.6 percent last year and a positive 12.8 percent in 2011.”
    William-Sonoma [WSM] Earnings Call 8/28/13:
    The retail environment, it seems to indicate there’s still a lot of uncertainty out there, that the promotional environment has not gone away and that the retail environment in general continues to be choppy, especially with the recent earnings releases and this global unrest, and we just don’t want to get ahead of ourselves.”
    Zale Corp [ZLC] Earnings Call 8/28/13:
    “Overall, we continue to take a conservative view of market conditions in both the U.S. and in Canada. That being said, we do expect to continue to achieve positive top line growth. We expect store closures will impact our overall revenue growth for the year by about 250 basis points. It represents net closures of approximately 50 to 55 retail locations.”
    DSW Inc. [DSW] Earnings Call 8/27/13:
    We did have a traffic decline in Q2, sort of similar to what just about every other retailer in America has reported.”
    Guess? [GES] Earnings Call 8/28/13:
    “The Korean business continued to be strong as revenue grew in the high single digits in local currency during the quarter. This was offset with the weakness from China, where we are seeing clear evidence of a pullback in consumer spending behavior because of the slowdown in the economy.”
    Aeropostale [ARO] Earnings Call 8/22/13:
    “Our business trends in the second quarter did not change materially from earlier in the year, which was disappointing given the level of change we registered with the brand. This performance in the third quarter outlook is being influenced by a challenging retail environment, with weak traffic trends and high levels of promotional activity.
    #3 Domestic vehicle sales just experienced their largest "miss" relative to expectations since January 2009.
    #4 One of the largest furniture manufacturers in America was recently forced into bankruptcy.
    #5 According to the Wall Street Journal, the 2013 holiday shopping season is already being projected to be the worst that we have seen since 2009.
    #6 The Baltic Dry Index recently experienced the largest 4 day drop that we have seen in 11 months.
    #7 Merck, one of the largest drug makers in the nation, has announced the elimination of 8,500 jobs.
    #8 Overall, corporations announced the elimination of 387,384 jobs through the first nine months of this year.
    #9 The number of announced job cuts in September 2013 was 19 percent higher than the number of announced job cuts in September 2012.
    #10 The labor force participation rate is the lowest that it has been in 35 years.
    #11 As I mentioned the other day, the labor force participation rate for men in the 18 to 24 year old age bracket is at an all-time low.
    #12 Approximately one out of every four part-time workers in America is living below the poverty line.
    #13 Incredibly, only 47 percent of all adults in America have a full-time job at this point.
    #14 U.S. consumer delinquencies are starting to rise again.
    #15 The Postal Service recently defaulted on a 5.6 billion dollar retiree health benefit payment.
    #16 The national debt has increased more than twice as fast as U.S. GDP has grown over the past two years.
    #17 Obamacare is causing health insurance premiums to skyrocket and this is reducing the disposable income that consumers have available.
    #18 Median household income in the United States has fallen for five years in a row.
    #19 The gap between the rich and the poor in the United States is at an all-time record high.
    #20 Former President Jimmy Carter says that the middle class in America has declined so dramatically that the middle class of today resembles those that were living in poverty when he was in the White House.
    #21 According to a Gallup poll that was recently released, 20.0% of all Americans did not have enough money to buy food that they or their families needed at some point over the past year. That is just under the record of 20.4% that was set back in November 2008.
    #22 Right now, one out of every five households in the United States is on food stamps. There are going to be a lot of struggling families out there this winter, so please be generous with organizations that help the poor. A lot of people are really going to need their help during the cold months ahead.


    And this as well:

    The Coming Food Stamp Riots

    By Michael Snyder, on October 16th, 2013

    It may not happen this month, or even this year, but food stamp riots are coming to America. In fact, we got a small preview of the coming food stamp riots this past weekend when a "temporary system failure" caused food stamp cards to stop working in 17 U.S. states. Within hours, there were "mini-riots" at Wal-Marts and other retailers that rely heavily on food stamp users. So what would happen if food stamp benefits were cut off or reduced for an extended period of time? As you will see below, if Congress had not pushed through a "deal", the USDA would have started cutting off food stamp benefits on November 1st. Considering the fact that 47 million Americans are on food stamps and more than 100 million Americans are enrolled in at least one welfare program run by the federal government, that could have sparked massive rioting. So the good news is that the coming food stamp riots will probably not happen in November. The bad news is that the "deal" in Congress only delays the political fighting until after Christmas. In just a few months we will be dealing with a potential "government shutdown" and a debt ceiling deadline once again.
    Most Americans have no idea what almost just happened. According to Reuters, the state of North Carolina had already cut off some welfare benefits for the month of November...
    North Carolina has become the first state to cut off welfare benefits to poor residents in the wake of the partial federal government shutdown, ordering a halt to processing November applications until a deal is reached to end the federal standstill.
    More than 20,000 people - most of them children - receive monthly benefits aimed at helping them buy food and other basic supplies through North Carolina's welfare program, called Work First, which is fully funded by the federal government. Recipients must reapply each month.
    And as Mac Slavo recently detailed, the USDA was already planning to cut off food stamp assistance to millions of Americans on November 1st...
    We say next month because the USDA, which oversees the Supplemental Nutritional Assistance Program (SNAP), has just issued an order to SNAP agency directors calling for their respective States to implement an emergency contingency program because of government funding issues. In a letter obtained by the Crossroads Urban Center food pantry, the USDA is directing state agencies to, “delay their November issuance files and delay transmission to State Electronic Benefit Transfer (EBT) vendors until further notice.”
    What this means is that should Congress fail to increase the debt ceiling this week, come November there will literally be millions of people in the United States who will have exactly zero dollars transferred to their EBT cards.
    What will happen to the nearly 50 million people who depend on these benefits to survive?
    In fact, there have been quite a few news reports that have confirmed this...
    In Utah, Fox News 13 in Salt Lake City reported that a local provider recently received a letter from the USDA sticking to the November 1 cut-off date.
    “This is going to create a huge hardship for the people we serve here in our food pantry,” Bill Tibbits, Associate Director at Crossroads Urban Center, told Fox News 13.
    “What this means [is] if there’s not a deal, if Congress doesn’t reach a deal to get federal government back up and running, in Utah about 100,000 families won’t get food stamp benefit,” added Tibbits.
    The USDA letter says in part, “in the interest of preserving maximum flexibility, we are directing states to hold their November issuance files and delay transmission to state electronic benefit transfer vendors until further notice.”
    So what would have happened if tens of millions of Americans suddenly had their food stamp benefits cut off without warning?
    Well, what happened last weekend can give us a few clues. Just check out what happened at one Wal-Mart in Mississippi...
    Customers staged a disturbance then walked out of a Mississippi Walmart store with groceries that hadn’t been paid for Saturday night after a computer glitch left them unable to use their food stamp cards.
    People in 17 states found themselves unable to buy groceries with their Supplemental Nutrition Assistance Program cards after a routine check by vendor Xerox Corp. resulted in a temporary system failure.
    Shortly after the mini-riot, managers decided to temporarily close the store, citing customer safety.
    Due to this technical glitch, many parents were left wondering how they were going to feed their families. If this is the kind of anger that is unleashed over a single failed trip to the grocery store, what would we see if this kind of thing went on for an extended period of time?
    At some Wal-Mart stores down in Louisiana, EBT cards were not showing any limits on Saturday night, and within two hours many store shelves in the grocery section were completely cleared of merchandise...
    Shelves in Walmart stores in Springhill and Mansfield, LA were reportedly cleared Saturday night, when the stores allowed purchases on EBT cards even though they were not showing limits.
    The chaos that followed ultimately required intervention from local police, and left behind numerous carts filled to overflowing, apparently abandoned when the glitch-spurred shopping frenzy ended.
    Springhill Police Chief Will Lynd confirms they were called in to help the employees at Walmart because there were so many people clearing off the shelves. He says Walmart was so packed, "It was worse than any black Friday" that he's ever seen.
    Sadly, this was only a very small preview of the massive food stamp riots that are eventually coming to America. I like how Mike Adams explained what we are likely to see in the future...
    Why does any of this matter? Because this is exactly the same way these people will behave when the federal government goes into default and nearly 50 million EBT cards stop working nationwide.
    Fifty million. Consider that for a moment. Most of those 50 million people live in high-density cities. Many are proud owners of Obama phones, Obama food stamps, Obama unemployment checks and Obama subsidized housing. They have absolutely no clue that the government upon which they wholly depend to put food on the table is teetering on the verge of permanent collapse. (Seriously, they cannot conceive of the idea of government "running out of money" because they do not understand where money comes from.) Because of this distorted belief, they do not prepare for any future events other than more Obama handouts. Their entire "preparedness" plan is to vote for Democrats, because that's who they know will give them the most handouts. And they will always win the popular vote, too, because any politician promising to restore responsible fiscal spending to the government by cutting programs will be viciously accused of being "mean" or involved in "hating poor people." So the government handouts will only ratchet higher and higher, ensnaring more and more people, until the entire system is unsustainable and collapses under its own weight.
    When that system of dependence fails, those who depend on it will panic in mere hours. As proof of this, consider the fact that this mass looting of Wal-Mart stores happened in less than three hours after the Saturday EBT card glitch struck. Police had to be called in to prevent the situation from getting completely out of control, and it was offline for only part of one day.
    Now imagine what will happen when EBT cards go offline for 24, 48 or even 72 hours. And imagine it happening in every U.S. city simultaneously.
    Of course not all Americans would go wild when food stamp benefits are cut off.
    Other Americans express their desperation in other ways. According to Bloomberg, an increasing number of people are starting to sell hair, breast milk and their own eggs in a desperate attempt to make ends meet...
    Hair, breast milk and eggs are doubling as automated teller machines for some cash-strapped Americans such as April Hare.
    Out of work for more than two years and facing eviction from her home, Hare recalled Louisa May Alcott’s 19th-century novel and took to her computer.
    “I was just trying to find ways to make money, and I remembered Jo from ‘Little Women,’ and she sold her hair,” the 35-year-old from Atlanta said. “I’ve always had lots of hair, but this is the first time I’ve actually had the idea to sell it because I’m in a really tight jam right now.”
    The mother of two posted pictures of her 18-inch auburn mane on www.buyandsellhair.com, asking at least $1,000 and receiving responses within hours. Hare, who also considered selling her breast milk, joins others exploring unconventional ways to make ends meet as the four-year-old economic expansion struggles to invigorate the labor market and stimulate incomes.
    We have moved into a time when things are becoming increasingly unstable and when people are becoming increasingly desperate.
    In an attempt to keep order, the authorities will become increasingly forceful in the years ahead. At this point, many law enforcement officers already believe that there is very little that they cannot do to exert their "authority" over the rest of us. Just check out video of a drunk off-duty police officer "arresting" a woman that refused to go out on a date with him right here. Sadly, this type of behavior is becoming way too common these days.
    And it looks like major financial institutions are getting ready for the chaos that is eventually coming as well. In fact, according to an article by Paul Joseph Watson, Chase Bank is now placing a limit on cash withdrawals and is banning business customers from sending wire transfers out of the country...
    Chase Bank has moved to limit cash withdrawals while banning business customers from sending international wire transfers from November 17 onwards, prompting speculation that the bank is preparing for a looming financial crisis in the United States by imposing capital controls.
    Numerous business customers with Chase BusinessSelect Checking and Chase BusinessClassic accounts have received letters over the past week informing them that cash activity (both deposits and withdrawals) will be limited to a $50,000 total per statement cycle from November 17 onwards.
    Fortunately, the chaos that would have been unleashed if Congress had not made a deal has now been delayed for a few months.
    But by kicking the can down the road, our politicians continue to make our long-term problems even worse. Either we are going to have tremendous pain now, or we are going to have even worse pain later. Peter Schiff explained the choice that we are facing this way...
    If Republicans were to inexplicably prevail, and the federal government were to cut spending so that its expenditures matched its tax revenues (a truly radical idea) the country's financial mess would be laid bare. The government would have to weigh the relative costs and benefits of making interest payments on Treasury debt (primarily to foreign creditors) or to trim entitlements promised to U.S. citizens. But those are choices we will have to make sooner or later anyway. In fact we should have dealt with these issues years ago. But generations of mechanistic debt ceiling increases have allowed us to perpetually kick the can down the road. What could possibly be gained by doing it again, particularly if it is done with no commitment to change course?
    The Democrats' argument that America needs to pay its bills is just hollow rhetoric. Paying off one's Visa bill with a new and bigger MasterCard bill can't be considered a legitimate payment of debt. At best it is a transfer. But in the government's case, it doesn't even qualify as that. Treasury debt is primarily bought by the Fed, foreign central banks, and major financial institutions. None of that will change with a debt ceiling increase. We will just go to the same people for greater quantities. So it's like paying off your Visa card with a bigger Visa card.
    We are living on borrowed time that has been purchased by stealing money from future generations.
    We are literally destroying the future in order to make the present more palatable.
    But whether it is this year, or next year or the year after that, at some point we are going to experience the pain that results from decades of incredibly foolish decisions.
    I hope that you are getting ready.

    Both from this blog: http://theeconomiccollapseblog.com/

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  119. #68
    Senior Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    What you hear and read in medias is not the truth. They lie all the time and all what you hear is a fake. This is talmudic behavior. Even this video is a fake as well as the different Obamas.
    Things happen following the divine plan, all is ok and the big crash will soon be visible.
    Be sure about, trust HIM and have some patience.
    This is divine time
    With L&L
    Bernd

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  121. #69
    Senior Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    Quote Originally Posted by Bernd View Post
    What you hear and read in medias is not the truth. They lie all the time and all what you hear is a fake. This is talmudic behavior. Even this video is a fake as well as the different Obamas.
    Things happen following the divine plan, all is ok and the big crash will soon be visible.
    Be sure about, trust HIM and have some patience.
    This is divine time
    With L&L
    Bernd
    Am aware of that Bernd, already our economy in Europe are crashing even throught the media is still selling the music of -everything is fine, dont need to bother etc. Since this crash is already pre arranged because they would certainly cut some food stamp in November then it may easily happened next month. But people wouldnt be aware of it since they are able to breath of relief because the crash had been avoided now but the crash is still there pre programmed in the system. But they would be left with the joy of making Halloween Party that on the 1 November isnt it and wouldnt be bothering with politicians games.

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  123. #70
    Be your own Sovereign Hano's Avatar

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    And so ends the "Budget Drama Show"...again and surprise! surprise! another dramatic last minute deal to "save" America and prolong the inevitable some more. This badly scripted TV movie production ended as predictably as a Bibi-on-Iran speech. Who do they really think they are fooling with these rehashed reruns? From the start I knew 100% that this show would end this way and now everyone can sigh with relief...or so they think...until February when the rerun will be on again, different time-same place, unless someone shuts the station down before then.****Here's wishing on that star**** Stay tuned folks...to your hearts! The REAL BIG SHOW is on hand!

    Hano
    The Dark of the Long Night shall give way to the Light of the Eternal Day and HUman shall eternally be the Keeper of the Light as the Heart of the One

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  125. #71
    Senior Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    Quote Originally Posted by Hano View Post
    And so ends the "Budget Drama Show"...again and surprise! surprise! another dramatic last minute deal to "save" America and prolong the inevitable some more. This badly scripted TV movie production ended as predictably as a Bibi-on-Iran speech. Who do they really think they are fooling with these rehashed reruns? From the start I knew 100% that this show would end this way and now everyone can sigh with relief...or so they think...until February when the rerun will be on again, different time-same place, unless someone shuts the station down before then.****Here's wishing on that star**** Stay tuned folks...to your hearts! The REAL BIG SHOW is on hand!

    Hano
    Dear Hano.
    I dont believe we would have to wait until February to see it crash. It would be quicker than that. The economy is on its last legs now and this little comedic shows from the Washington DC shows producers isnt really fooling anyone.

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  127. #72
    Be your own Sovereign Hano's Avatar

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    I knew it was going to end this way and I also strongly feel that it is not going to continue past November. Something really BIG is brewing and we have had hints in recent messages and I probably know the details but it's blocked from my conscious memory. Things can change at any moment but the US economy is on life support in the ICU and this temporary pain relief was one of the last. The morphine is low and the storeroom empty. Much pain will be the result next time (if it ever gets that far, which I doubt). It all MUST collapse. We cannot begin the rebuilding if it doesn't and it will collapse. That is inevitable. We that know should just keep calm as best we can and see this thing through. On the higher level it's a done deal anyway. Hano
    The Dark of the Long Night shall give way to the Light of the Eternal Day and HUman shall eternally be the Keeper of the Light as the Heart of the One

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  129. #73
    Senior Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    Quote Originally Posted by Hano View Post
    And so ends the "Budget Drama Show"...again and surprise! surprise! another dramatic last minute deal to "save" America and prolong the inevitable some more. This badly scripted TV movie production ended as predictably as a Bibi-on-Iran speech. Who do they really think they are fooling with these rehashed reruns? From the start I knew 100% that this show would end this way and now everyone can sigh with relief...or so they think...until February when the rerun will be on again, different time-same place, unless someone shuts the station down before then.****Here's wishing on that star**** Stay tuned folks...to your hearts! The REAL BIG SHOW is on hand!

    Hano
    Dear Hano,
    To wait till february is not HIS plan! Trust HIM and be patient, all is ready to unfold. The divine plan is on the way. It will be different from all what you expect. And it will be good. I was confirmed about since some time.
    This is divine time now.
    With L&L
    Bernd

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  131. #74
    Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    Maybe they will announce the New Financial System this year or early next year to replace the Dollar as the Reserve Currency. We just don't know it yet. Lets just wait for what is coming and changes will be made.

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  133. #75
    Junior Member Robert's Avatar

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    That is music to my ears, Bernd. I am going to hitch my wagon to your faith and optimism. Hope Hano can muster the same kind of sentiments.

    Robert

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  135. #76
    Senior Member Jorge_L's Avatar

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    Quote Originally Posted by Bernd View Post
    Dear Hano,
    To wait till february is not HIS plan! Trust HIM and be patient, all is ready to unfold. The divine plan is on the way. It will be different from all what you expect. And it will be good. I was confirmed about since some time.
    This is divine time now.
    With L&L

    Bernd
    Bernd!

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  137. #77
    Be your own Sovereign Hano's Avatar

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    Quote Originally Posted by Robert View Post
    That is music to my ears, Bernd. I am going to hitch my wagon to your faith and optimism. Hope Hano can muster the same kind of sentiments.

    Robert
    Did anyone fully read what I said? I said : ...until February when the rerun will be on again, different time-same place, unless someone shuts the station down before then..

    I was mentioning a possibility since we all know how plans can change due to circumstances unknown to us. Sorry if anybody thought I was pessimistic...NOT the case at all. I want the same thing you all want but am just keeping an open and careful mind to other possibilities and also please read my second post after the "February" one. That's the more optimistic one. BTW, I'm not upset but just clearing up an apparent misunderstanding of my words. Thanks.

    Hano
    Last edited by Hano; 10-17-2013 at 11:36 AM.
    The Dark of the Long Night shall give way to the Light of the Eternal Day and HUman shall eternally be the Keeper of the Light as the Heart of the One

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  139. #78
    Senior Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    Quote Originally Posted by Hano View Post
    Did anyone fully read what I said? I said : ...until February when the rerun will be on again, different time-same place, unless someone shuts the station down before then..

    I was mentioning a possibility since we all know how plans can change due to circumstances unknown to us. Sorry if anybody thought I was pessimistic...NOT the case at all. I want the same thing you all want but am just keeping an open and careful mind to other possibilities and also please read my second post after the "February" one. That's the more optimistic one. BTW, I'm not upset but just clearing up an apparent misunderstanding of my words. Thanks.

    Hano
    understandable but in the Light of the Wave coming nearer to us every days and the fact that CMA told us that the 3DD would be implanted soon make me more think of a month to a six week period: We got the let prepare for the shit to hit the fan message on the 3 oct and with others confirmation later from Kibo. So am counting for a month to six week until it happened. Something around middle November or early November. Well at last we are going to get spare with the Holidays Season and thanks Heaven for that.

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  141. #79
    Senior Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    http://rt.com/usa/stenographer-house-default-vote-301/

    Stenographer snaps during House vote, rails against Freemasons

    Published time: October 17, 2013 09:58 ........ video inside......

    A confused rant on God, Freemasons and the Constitution during a critical vote to raise the US debt ceiling has seen a stenographer removed from the House of Representatives on Wednesday night.

    The woman, identified as Dianna Reidy, an official reporter with the Office of the Clerk, stunned House members when she took the Speaker’s Chair while the vote was in progress and said, “Praise be to God Jesus Christ.”

    "He will not be mocked. He will not be mocked. Don't touch me. He will not be mocked," the stenographer continued as she was led away by security officers. "The greatest deception here is not 'one nation under God.' It never was. Had it been, it would not have been."

    She continued, "The Constitution would not have been written by Freemasons. They go against God. You cannot serve two masters.”

    According to Representative Ileana Ros-Lehtinen, the presiding officer at the voting, Reidy "came up to the podium area beneath where I was standing and asked me if the microphones were on. I said that I didn't know. I assumed that perhaps I was chatting too much to the helpful parliamentarians around me. Then she suddenly faced the front and said words like 'Thus spoke the Lord.' And, 'This is not the Lord's work,’ Ros-Lehtinen said, as quoted by Fox News.

    Ros-Lehtinen banged the gavel and called ‘order’ several times, but that did not stop Reidy from continuing with her monologue.

    "I hammered to get control and hush her up,” the presiding officer explained. “She said something about the devil. It was sudden, confusing and heartbreaking. She is normally a gentle soul."

    Reidy was questioned by US Capitol Police after her removal from the House floor and was later taken to a local hospital for a mental health evaluation. It was not immediately clear whether criminal charges would be filed.

    US Rep. Joaquin Castro, D-Texas, said the woman had a crazed look on her face, AP reported.

    The disruption marked the latest incident to roil Washington as nerves seemed frayed over the partial government shutdown and Thursday's looming debt ceiling deadline.

    On October 3, day three of the first US government shutdown in 17 years, Washington police shot and killed Miriam Carey, 34, who attempted to breach a barrier at the White House with her car, sparking a high-speed chase that ended fatally at the US Capitol building.

    Later, American truckers threatened to encircle Washington for a three-day protest against the government dubbed ‘Ride for the Constitution’. Although the event attracted media attention, the protest turned out to be more smoke than fire as few truckers made it to the US capital.

    On Wednesday night, by a vote of 285 to 144, the US House of Representatives passed legislation to raise the debt ceiling until February next year. President Barack Obama pledged to sign the bill and reopen government agencies affected by the shutdown "immediately."

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  143. #80
    Senior Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    Last minute deal in Congress funds more than meets the eye

    Published time: October 17, 2013 16:50 Get short URL

    AFP Photo / Jewel Samad

    Government Spending, Law, USA

    Congress passed legislation reopening the government and raising the debt ceiling on Wednesday, but the bill also contained several provisions that set money aside for special projects.

    Chief among them is language that authorizes about $2.9 billion in funding for a floundering dam project that is partly in Kentucky, the home state of Senate Minority Leader Mitch McConnell.

    McConnell helped broker the budget deal with Majority Leader Harry Reid (D-Nev.)

    The bill also provides cash infusions to help military veterans speed up their claims for health benefits, in addition to flood relief, firefighting efforts and a payment to a late senator’s widow.

    These kinds of payments are usually worked out during formal budget negotiations, but, as Reuters noted, “Such stop-gap funding measures often include so-called ‘anomalies’ to address special needs.”

    The Kentucky dam project, in particular, has come under scrutiny by conservative groups and even some senators, who see it as a ploy to use a federal emergency as a way to fund special projects at taxpayers’ expense. The original project was approved decades ago for $775 million, but has since suffered setbacks and gone significantly over budget.

    In exchange for funding Obamacare and raising the debt limit, Mitch McConnell has secured a $2 billion earmark,” the Senate Conservatives Fund, an outside group that may back McConnell’s primary opponent, wrote in a blog post.

    This is an insult to all the Kentucky families who don’t want to pay for Obamacare and don’t want to shoulder any more debt.”


    Sen. John McCain (R-Ariz.) also criticized the appropriation as “ridiculous.”

    "These people are like alcoholics. They can't resist taking a drink. It's ridiculous. It's absolutely ridiculous," McCain said to the Daily Beast. "It shows that there are people in this body who are willing to use any occasion to get an outrageous pork-barrel project done at the cost of millions and millions of dollars. It's disgusting."


    Despite the location of the project, McConnell’s office was quick to note that the minority leader didn’t actually push for the provision himself. The language, supported by the White House, was suggested and authored by Sens.

    Dianne Feinstein (D-Calif.) and Lamar Alexander (R-Tenn.), who said that it will ultimately save taxpayers money.

    According to the Army Corps of Engineers, 160 million taxpayer dollars will be wasted because of canceled contracts if this language is not included,” Alexander told BuzzFeed. “Sen. [Diane] Feinstein and I, as chairman and ranking member of the Energy and Water Appropriations Subcommittee, requested this provision. It has already been approved this year by the House and Senate.”

    Aside from the dam project, Congress approved $450 million in flood relief to help Colorado rebuild areas that were damaged earlier this year.

    More than $600 million was set aside for fighting wildfires in California and other western states, and, according to CNN, a watchdog group that fights for Americans’ privacy rights in the face of government espionage will find a check for $3.1 million.

    Meanwhile, the Veterans Administration will receive about $2.4 billion to help a backlog of veterans finally collect health insurance and other benefits. Some soldiers have been stuck waiting for years.

    Congress also authorized a payment of $174,000 to Bonnie Lautenberg, the widow of the late Sen. Frank Lautenberg, who passed away earlier this year. Lautenberg was worth nearly $60 million, but Senate tradition typically involves providing families the equivalent of a senator’s annual salary.

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  145. #81
    Senior Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    There is one think they are always omiting in their articles: The HUGE VASTE SECRET OPERATIONS, that arent secret anymore which syphone billions of dollars dailies. Even the governement cannot tell how many secret operations and organizations they had in their own country. So this whole debate about the depence and liquidity is a vaste huge show for the mass.

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  147. #82
    Senior Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    Pentagon to sell bunker busters, cruise missiles to Gulf monarchies in $11bn deal

    Published time: October 18, 2013 08:50 Get short URL

    GBU-39 SDB (Small Diameter Bomb

    Arms, Big deal, Middle East, Military, Politics, USA

    The Pentagon plans to sell $10.8 billion worth of advanced weaponry to Saudi Arabia and the United Arab Emirates. The hardware includes bunker buster bombs and cruise missiles.

    The planned deal includes shipping 1,000 GBU-39/B bombs to Saudi Arabia and 5,000 to the UAE, AFP reports. They have air-deployed wings, which allow them to strike targets as far away as 110km. Their warheads can penetrate up to a meter of reinforced concrete.

    The planned sale also includes sophisticated Standoff Land Attack Extended Range (SLAM-ER) and Joint Standoff Weapons (JSOW) cruise missiles.

    Both are meant for destroying surface targets from a long distance, allowing warplanes to stay out of the range of enemy air defenses.

    The Saudis will purchase 650 of the Boeing-manufactured SLAM-ERs and 973 JSOWs, as well as other missiles.

    They are to pay $6.8 billion for the hardware, parts, training and logistical support.

    The United Arab Emirates is due to buy $4 billion worth of weaponry, including the bunker buster bombs, 300 SLAM-ERs and 1,200 JSOW missiles.

    An F/A-18E "Super Hornet" strike-fighter launches a Stand-Off Land Attack Missile/Extended Range (SLAM/ER), (AFP Photo / US Navy / Cpt. Dana Potts)

    The planned deal will be the first time the US delivers the sophisticated gliding bombs and missiles to the region.

    Back in April, Defense Secretary Chuck Hagel announced plans to sell $10 billion worth of arms to Israel, Saudi Arabia and the UAE. This week’s announcement details the munitions that the Gulf monarchies are seeking.

    DoD officials informed the Congress of the planned deal last week. Legislators have 30 days to block the sale, but this is unlikely to happen considering the US’ previous weapon deals with its Gulf allies.

  148. #83
    Senior Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    Joy, the American governement always find way to make sure that the military industry would be profitable. At last the Saudi Arabians are preparing to kill Iran with those weapons doesnt they ?. But hey the american military industry is the only industry left they got in their country.

    - - - Updated - - -

    9 Signs That China Is Making A Move Against The U.S. Dollar

    By Michael Snyder, on October 17th, 2013

    On the global financial stage, China is playing chess while the U.S. is playing checkers, and the Chinese are now accelerating their long-term plan to dethrone the U.S. dollar. You see, the truth is that China does not plan to allow the U.S. financial system to dominate the world indefinitely. Right now, China is the number one exporter on the globe and China will have the largest economy on the planet at some point in the coming years. The Chinese would like to see global currency usage reflect this shift in global economic power. At the moment, most global trade is conducted in U.S. dollars and more than 60 percent of all global foreign exchange reserves are held in U.S. dollars. This gives the United States an enormous built-in advantage, but thanks to decades of incredibly bad decisions this advantage is starting to erode. And due to the recent political instability in Washington D.C., the Chinese sense vulnerability. China has begun to publicly mock the level of U.S. debt, Chinese officials have publicly threatened to stop buying any more U.S. debt, the Chinese have started to aggressively make currency swap agreements with other major global powers, and China has been accumulating unprecedented amounts of gold. All of these moves are setting up the moment in the future when China will completely pull the rug out from under the U.S. dollar.
    Today, the U.S. financial system is the core of the global financial system. Because nearly everybody uses the U.S. dollar to buy oil and to trade with one another, this creates a tremendous demand for U.S. dollars around the planet. So other nations are generally very happy to take our dollars in exchange for oil, cheap plastic gadgets and other things that U.S. consumers "need".
    Major exporting nations accumulate huge piles of our dollars, but instead of just letting all of that money sit there, they often invest large portions of their currency reserves into U.S. Treasury bonds which can easily be liquidated if needed.
    So if the U.S. financial system is the core of the global financial system, then U.S. debt is "the core of the core" as some people put it. U.S. Treasury bonds fuel the print, borrow, spend cycle that the global economy depends upon.
    That is why a U.S. debt default would be such a big deal. A default would cause interest rates to skyrocket and the entire global economic system to go haywire.
    Unfortunately for us, the U.S. debt spiral cannot go on indefinitely. Our debt is growing far, far more rapidly than our GDP is, and therefore our debt is completely and totally unsustainable.
    The Chinese understand what is going on, and when the dust settles they plan to be the last ones standing. In the aftermath of a U.S. collapse, China anticipates having the largest economy on the planet, more gold than anyone else, and a respected international currency that the rest of the globe will be able to use to conduct international trade.
    And China is not just going to sit back and wait for all of this to happen. In fact, they are already doing lots of things to get the ball moving. The following are 9 signs that China is making a move against the U.S. dollar...
    #1 Chinese credit rating agency Dagong has downgraded U.S. debt from A to A- and has indicated that further downgrades are possible.
    #2 China has just entered into a very large currency swap agreement with the eurozone that is considered a huge step toward establishing the yuan as a major world currency. This agreement will result in a lot less U.S. dollars being used in trade between China and Europe...
    The swap deal will allow more trade and investment between the regions to be conducted in euros and yuan, without having to convert into another currency such as the U.S. dollar first, said Kathleen Brooks, a research director at FOREX.com.
    "It's a way of promoting European and Chinese trade, but not doing it with the U.S. dollar," said Brooks. "It's a bit like cutting out the middleman, all of a sudden there's potentially no U.S. dollar risk."
    #3 Back in June, China signed a major currency swap agreement with the United Kingdom. This was another very important step toward internationalizing the yuan.
    #4 China currently owns about 1.3 trillion dollars of U.S. debt, and this enormous exposure to U.S. debt is starting to become a major political issue within China.
    #5 Mei Xinyu, Commerce Minister adviser to the Chinese government, warned this week that if the U.S. government ever does default that China may decide to completely stop buying U.S. Treasury bonds.
    #6 According to Yahoo News, China has already been looking for ways to diversify away from the U.S. dollar...
    There have been media reports this week that China's State Administration of Foreign Exchange, the body that handles the country's $3.66 trillion of foreign exchange reserve, is looking to diversify into real estate investments in Europe.
    #7 Xinhua, the official news agency of China, called for a "de-Americanized world" this week, and also made the following statement about the political turmoil in Washington: "The cyclical stagnation in Washington for a viable bipartisan solution over a federal budget and an approval for raising debt ceiling has again left many nations' tremendous dollar assets in jeopardy and the international community highly agonized."
    #8 Xinhua also said the following about the U.S. debt deal on Thursday: "[P]oliticians in Washington have done nothing substantial but postponing once again the final bankruptcy of global confidence in the U.S. financial system". The commentary in the government-run publication also declared that the debt deal "was no more than prolonging the fuse of the U.S. debt bomb one inch longer."
    #9 China is the largest producer of gold in the world, and it has also been importing an absolutely massive amount of gold from other nations. But instead of slowing down, the Chinese appear to be accelerating their gold buying. In fact, money manager Stephen Leeb says that his sources are telling him that China plans to buy another 5,000 tons of gold. There are many that are convinced that China eventually plans to back the yuan with gold and try to make it the number one alternative to the U.S. dollar.
    So exactly what would happen if the Chinese announced someday that they were going to back their currency with gold and would no longer be using the U.S. dollar in international trade?
    It would change the face of the global economy almost overnight. In a previous article, I described some of the things that we could expect to see happen...
    If China does decide to back the yuan with gold and no longer use the U.S. dollar in international trade, it will have devastating effects on the U.S. economy. Demand for the U.S. dollar and U.S. debt would drop like a rock, and prices on the things that we buy every day would soar. At that point you could forget about cheap gasoline or cheap Chinese imports. Our entire way of life depends on the U.S. dollar being the primary reserve currency of the world and being able to import things very inexpensively. If the rest of the world (led by China) starts to reject the U.S. dollar, it would result in a massive tsunami of currency coming back to our shores and a very painful adjustment in our standard of living. Today, most U.S. currency is actually used outside of the United States. If someday that changes and we are no longer able to export our inflation that is going to mean big trouble for us.
    The fact that we get to print up giant mountains of money and virtually everyone around the world uses it has been a huge boon for the U.S. economy.
    When that changes, the word "catastrophic" is not going to be nearly strong enough to describe what is going to happen.
    According to a Rasmussen Reports survey that was released this week, only 13 percent of all Americans believe that the country is on the right track. But the truth is that these are the good times. The American people haven't seen anything yet.
    Someday people will look back and desperately wish that they could go back to the "good old days" of 2012 and 2013. This is about as good as things are going to get, and it is only downhill from here.

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  150. #84
    Senior Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    The whole problem down there is that everything is rigged.

    America with its very cheap way of life and 0.99Cents for a Galleon of benzin and others commodities we had to paid full had been substained by the world economy worldwide, a fact that now the now living american are horrified to find out.

    In 1913 with the FED the private Bank the Cabals got their instrument to kill America off and they have achieved that goal today. The country is a morast state, their inhabitants had been brainswashed into one of the most dumbest in the world. Saw a small film on Youtube from reporter asking; Name me one country beginning with U. Some didnt even think after 5 minutes to said United Stated of America. That is baffling but saddly true.
    Now we got China properly trimmed and geared to become the next superpower thanks to the Cabals again that make sure that millions were purred into that country from the 70s to today. And now we got the show of how China would replace soon the dollars as the world currency and the Yuan is backed by gold, something the dollars isnt anymore thanks to the Cabals again. Of course the Chinese do believe they would pulled it off and would becoem the new currency. But that exactly the Cabals had planned for them and once the dollars is destroyed they would be there in china begining to suck it dry like their did with America.

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  152. #85
    Senior Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    Kicking the can: Budget deal will not solve Washington’s problems

    Get short URL

    Published time: October 18, 2013 04:43

    Mark Wilson/Getty Images/AF

    Austerity, Corruption, Politics, USA

    Despite a deal to lift the debt ceiling and end the government shutdown, the United States is far from a respite, as it won't address the underlying, internal issues that have usurped its power in the world, economics professor Rodney Shakespeare told RT.

    “I say to the rest of the world: Get on with it. Organize yourselves and give up this corrupt, out-of-date system, which no longer is providing adequate leadership,” Shakespeare said.

    RT: The default is averted. That's good news, isn't it?

    Rodney Shakespeare:

    Nothing has been averted.

    Instead, there’s going to be some sort of meeting between the Democrats and the Republicans, who are two sides of the same coin.

    And there are three subjects, which they’ll refuse to discuss.

    The first is the out of control military budget, which ought to be cut to one tenth of what it is at the moment to bring it in line with comparable nations.

    The second thing is that the system works by exporting jobs.

    They’ve exported the jobs to about 56,000 enterprises over the last 11 years. That’s five million jobs – and each job creates another three.

    That’s roughly 15 million jobs which aren’t coming back.

    And the third thing, which they aren’t going to discuss at this ‘wonderful’ meeting between the Democrats and the Republicans – they will not discuss the core of the issue, which is a corrupt banking system, whose center is the Federal Reserve.

    Instead, what they’ll do is they’ll blame everything on the poor.

    So, you see, nothing has been put off.

    Nothing has been solved.

    Nothing has been addressed.

    The situation goes on and ultimately it’s going to result in the final collapse of the dollar.

    But that may be a year or two off at the moment.

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  154. #86
    I AM THAT I AM Candace's Avatar

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    they are right, nothing has been averted, because the agreement with the chinese that resulted in re opening the government as already been violated... look for more issues to arise.
    Books are not the WORD.. the HUMAN BEING IS THE WORD and when MAN UNDERSTANDS HIS HUMAN ROLE... as the WORD... this planet will come into glory.

    Faith is a term of KNOWING..which produces expectation of that knowing. When one has "faith" something will happen... it is because of the knowing that it CAN happen... and often does when there is enough desire to manifest it. I tire of the "faith" of religions in which the specific religion/sect "followed" is labeled a faith. Religions are not faiths... Faith comes from the inner knowing and in no other way.

    "The human race must become reconciled to a procession of changes, adjustments, and readjustments. Mankind is on the march toward a new and unrevealed planetary destiny."

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  156. #87
    Senior Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    Quote Originally Posted by Candace View Post
    they are right, nothing has been averted, because the agreement with the chinese that resulted in re opening the government as already been violated... look for more issues to arise.
    oh what had been already voilated ??? The chines should be happy that the USA governement is working back again.

  157. #88
    Senior Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    US debt surges $328 billion in single day, surpassing $17 trillion for first time

    Published time: October 19, 2013 09:32 Get short URL

    The national Debt Clock is seen in New York October 15, 2013 (Reuters / Andrew Kelly)

    US debt crisis
    Budget, Crisis, Economy, Obama, Robert Bridge, USA

    Just one day after President Barack Obama signed into law a bipartisan deal to end the government shutdown and avoid default, the US debt surged a record $328 billion, the first day the government was able to borrow money.

    Fasten your seatbelt, because the US debt rate is racing out of control and nobody seems to know where or when the spending will end: The US debt now equals $17.075 trillion, according to figures the Treasury Department posted online on Friday.

    The one-day increase of $328 billion to the US debt load smashed the previous record of $238 billion set two years ago.

    The huge leap toward what some economists fear will be eventual insolvency was blamed on the government replenishing its supply of "extraordinary measures," that is, the federal funds it borrowed from over the last five months in a desperate effort to avoid hitting the debt ceiling.

    Under the law, government coffers are refilled once there is “new debt space,” according to a report in The Washington Times.

    The Treasury Department was forced under so-called “extraordinary measures” to borrow $400 billion beginning in May, in anticipation of an agreement between Congress and Obama.

    “Usually Congress sets a borrowing limit, or debt ceiling, that caps the total amount the government can be in the red,” according to the report. “But under the terms of this week's deal, Congress set a deadline instead of a dollar cap. That means debt will rise by as much as the government spends between now and the Feb. 7 deadline.”

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  159. #89
    Senior Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    Video: Obama – “Washington Has to Change After Manufactured Crisis”

    Source: Reuters – October 19, 2013

    By Martin Pengelly in New York, The Guardian - October 19, 2013

    http://www.theguardian.com/world/2013/oct/19/barack-obama-address-shutdown-debt-ceiling

    Barack Obama used his weekly address on Saturday to repeat his appeal for greater co-operation between political parties in Washington DC, in the aftermath of the government shutdown and national debt crisis. The president also restated his claim that despite the Republican climbdown that cleared the way for a resolution of the crisis on Wednesday night, “no winners” had emerged from the political drama of the last two weeks.

    On Saturday, in his address, Obama said: “There’s been a lot of discussion lately of the politics of this shutdown. But the truth is, there were no winners in this. At a time when our economy needs more growth and more jobs, the manufactured crises of these last few weeks actually harmed jobs and growth.

    The way business is done in Washington has to change. Now that these clouds of crisis and uncertainty have lifted, we need to focus on what the majority of Americans sent us here to do – grow the economy, create good jobs, strengthen the middle class, lay the foundation for broad-based prosperity, and get our fiscal house in order for the long haul.”

    Saying that he did not expect Republicans to agree on everything “now that the cloud of crisis has passed”, Obama concluded: “We shouldn’t hold back on places where we do agree, just because we don’t think it’s good politics, or just because the extremes in our parties don’t like compromise.

    “I’ll look for willing partners from either party to get important work done. There’s no good reason why we can’t govern responsibly, without lurching from manufactured crisis to manufactured crisis. Because that isn’t governing – it’s just hurting the people we were sent here to serve.”


  160. #90
    Senior Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    The way business is done in Washington has to change Obmini said ?

    They achieved to make add 328 Billions of $ as debt for the Usa just one day after Obmi capped that debt cieling. This would certainly go in the Guiness book of this year, because its quite impressive to depense such sum in only 12 hours.

    Change is Obima beloved screwed rethoric. The same as stating about a Truthspeaker that he is anti- semite.

    The first change would be to remove the Cabals and its minions and Obami as well.

    Seemed that i mispelled his name in this post, oh well doesnt matter-

  161. #91
    Senior Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    12 Shocking Clues About What America Will Look Like When The Next Great Economic Crisis Strikes


    By Michael Snyder, on October 20th, 2013

    The collapse of American society is accelerating. For the moment, much of our social decay is being masked by the tremendous level of affluence that we are experiencing. It has been reported that 4 out of every 5 adults in the United States "struggle with joblessness, near-poverty or reliance on welfare for at least parts of their lives", but in general Americans still enjoy a debt-fueled standard of living that is far beyond what most of the rest of the world enjoys. When that debt-fueled standard of living permanently disappears, it is going to unleash chaos unlike anything that America has ever seen before. Right now, economic conditions in this country are not anywhere close to where they were before 2008, but this is just the beginning. We are in the midst of an ongoing economic collapse which is going to get much, much worse in the years ahead. When the next major wave of the economic crisis strikes, millions of people are going to become extremely desperate. And desperate people do desperate things. We are already starting to see this play out all over the nation, but this is only a preview of coming attractions. What we are going to witness in future years is going to be almost too horrible for words.
    So how can I be so sure that this is going to happen? After all, the United States didn't descend into complete and utter chaos during the Great Depression of the 1930s. Wouldn't an economic depression unfold in a similar manner today?
    Unfortunately, a lot has changed since then. A lot more Americans were self-sufficient back in those days, and the truth is that the character of our nation has been rotting and decaying for decades. In a previous article, I described it this way...
    "We are simply not the same country that we used to be. Americans are proud, selfish, greedy, arrogant, ungrateful, treacherous and completely addicted to entertainment and pleasure. Our country is literally falling apart all around us, but most Americans are so plugged into entertainment that they can't even be bothered to notice what is happening."
    Just last weekend, there were "mini-riots" in several U.S. states when "technical issues" caused the food stamp system to go haywire for a few hours.
    What would have happened if there had been an extended outage or if the political crisis in D.C. had caused food stamps to be completely cut off at some point in November?
    Let's be thankful that we did not have to find out.
    But even though major food stamps riots may have been averted (at least for now), there are a whole host of other signs that America is going to become a very unstable place during the next major economic downturn. The following are 12 shocking clues about what America will look like when the next great economic crisis strikes...
    #1 Would you continue to work as a bus driver if you were stabbed while driving or if a passenger poured urine all over you? Just check out what has been going on in Detroit lately...
    After two drivers were recently stabbed and another had urine poured on her by an angry rider, union officials representing bus drivers for the city of Detroit are set to protest in front of city hall at 10 a.m. on Monday.
    #2 We are starting to see a lot of "group crimes" happen all over America. For example, just the other day in Brooklyn, New York a gang of 10 young thugs dragged a young couple out of their vehicle and brutally beat them...
    Ronald Russo was dragged to the ground. Then he was punched and kicked in the head. He felt more blows all over his body, investigators said. He suffered a fractured nose, a broken septum, a blood clot and abrasions to his shoulder. He was treated and released from Beth Israel Medical Center.
    In the midst of the attack, there was a steady chorus of epithets. “White motherf-----!” screamed the attackers, who ranged in age from 12 to 18.
    Alanna Russo, 30, was calling 911 when the 12-year-old girl pulled the woman’s hair and threw her to the ground. The victim’s head slammed into the concrete. She suffered a black eye, bleeding and difficulty breathing, prosecutors said, but she refused medical attention.
    #3 A lot of people assume that they are perfectly safe inside their own vehicles but that is not the case at all. A story in the New York Post about a gang of bikers that ruthlessly hunted down a young family that was driving an SUV made national headlines a few weeks ago...
    A gang of bikers terrorized a dad driving with his wife and baby daughter on the West Side Highway — chasing after their SUV and then dragging the man out and beating him to a pulp in front of his horrified family, authorities said.
    When the bikers caught up with this family they showed the father of the baby daughter absolutely no mercy...
    One biker can be seen on the video ripping off his helmet and using it to bash in Lien’s driver’s-side window.
    The crew pummeled Lien on the pavement in front of his wife, Rosalyn Ng, and their 2-year-old daughter, police sources said.
    Lien, who also was slashed during the melee, was rushed to Columbia University Medical Center. He needed stitches to his face and chest and had two black eyes.
    #4 We are living at a time when hearts are becoming very cold. Some Americans are becoming so desperate for money that they will do almost anything to get it. In fact, one couple in Tennessee has actually been charged with selling their four daughters for use in sex films...
    An East Tennessee couple is facing a list of charges, accused of selling their children to take part in sex films.
    Connie Sue McCall, 40, and her husband, Ronnie Lee McCall, 61, of Johnson City have been charged by a federal grand jury.
    Paperwork shows the couple was selling their four daughters.
    Prosecutors say the four girls were between the ages of 5 and 16 when this happened.
    Could you imagine such a thing happening in your neighborhood?
    Perhaps it is happening, but you just don't know that it is going on.
    #5 And it is not only older people that are having their hearts grow cold. It is happening to young people too. Last week, a 17-year-old girl was caught carrying around a dead baby (which she probably gave birth to) in a shopping bag in a Victoria's Secret store right in the heart of Manhattan...
    The dead baby found in the teen’s shopping bag at a Victoria’s Secret store in Manhattan was born alive and then asphyxiated, police said Friday, as the macabre discovery turned toward a possible homicide case.
    Police believe 17-year-old Tiana Rodriguez gave birth to the baby at a friend’s house and that the infant was later asphyxiated. However, the city medical examiner’s office said an autopsy was inconclusive, and more tests were needed.
    Who does something like that?

    #6 Sadly, a lot of mothers appear to be losing the natural affection that they should have for their children. Just check out another incident that happened in New York City recently...
    So much for no child left behind.
    A stroller-toting mom who used her 1-year-old son as cover during a massive candy shoplifting spree at a downtown Duane Reade used the tot's pram as a battering ram when workers confronted her — and then ran away without the baby, the NYPD said.
    #7 One of the clearest signs that American society is decaying is the fact that groups of kids are banding together and agreeing to commit absolutely horrible crimes. We have seen this with the "flash mob" robberies that are plaguing many cities, but what is even worse is when groups of kids band together to commit violent acts. In Pennsylvania recently, a group of teens cheered on attackers as they beat up a 15-year-old girl...
    Speaking exclusively to CBS 3, a 15-year-old high school student, whose identity we are concealing, described a terrifying attack by a gang of at least nine teenage boys as she was leaving an Interboro High School football game Monday night.
    The teenage victim described first being taunted by the attackers, who followed her down a neighborhood street, cursing and spitting at her, before she was repeatedly kicked and punched, suffering at least one blow to her head.
    The attackers even tried to throw her in front of a passing vehicle and nobody tried to stop them...
    The victim says as at least two of the teenagers pummeled her, the others cheered them on shouting, “Come on, let’s get her!” At one point, the victim says, the gang tried to throw her under the wheels of a passing car, which swerved, narrowly missing her.
    What is happening to this country?
    #8 We have also been hearing about a lot of "gang rapes" lately as well. The following is an excerpt from a first-hand account from a 14-year-old girl in Missouri that experienced this type of horrible ordeal...
    About five shots tall, I drank it. I guess I didn't know how badly it would mess me up. But the boys who gave it to me did.
    Then it was like I fell into a dark abyss. No light anywhere. Just dark, dense silence -- and cold. That's all I could ever remember from that night. Apparently, I was there for not even an entire hour before they discarded me in the snow.
    You can read the rest of her sobering story right here.
    Are you starting to understand why I am so convinced that we have a major problem with our young men in America today?
    Instead of raising young gentlemen, we are raising wild animals that seem to have very little self-control.
    #9 And sometimes the public does not do anything to stop sexual assaults even when they happen on public streets. In a recent incident in Athens, Ohio, not only did the public not stop a sexual assault, many actually took photos of the assault and posted them on social media websites...
    Horrific photos of an alleged rape in progress have been shared on social media after crowds at a college homecoming celebration chose to take pictures and videos of the sex act rather than stopping it.
    Would such a thing have happened in our country 50 years ago?
    Of course not.
    We need to come to grips with how far we have fallen.
    #10 In America today, young kids can beat a homeless man to death and it barely even makes a blip on the news. I'll bet hardly any of you have heard about what happened recently to a homeless man in New Jersey...
    Three teenagers were in custody Saturday morning, on charges of beating a homeless man to his death in Hoboken, N.J.
    As CBS 2’s Janelle Burrell reported, Hudson County Acting Prosecutor Gaetano T. Gregory said two 13-year-olds and a 14-year-old were charged in the Sept. 10 death of Ralph Eric Santiago, 46.
    What would cause 13-year-olds and 14-year-olds to behave so savagely?
    Could it be because we are raising them in a society where basic morality is not taught any longer?
    #11 Our young people certainly do not have much respect for the very elderly anymore either. Instead, the elderly are looked at as "weak" and "easy prey". Just check out what recently happened to a 70-year-old man in upstate New York...
    A 70-year-old man was seriously injured early Saturday morning after being attacked outside of a 7-Eleven in Syracuse.
    Police say James Gifford had just left the store at the intersection of Valley Drive and South Street just after 6:00 a.m. and was attacked by a group of five or six black males, according to Syracuse Police.
    Police also said this appears to be an unprovoked incident with an innocent victim.
    #12 In this day and age, it is very hard to tell who you can trust. You might meet someone on the street and they might smile and seem very nice, but inside they may be full of all kinds of garbage. For example, just check out what one man in the Boston area planned to do
    A Boston-area man, who was planning to kidnap children, lock them in a basement dungeon, rape and eat them, should be imprisoned for at least 27 years, federal authorities said in court documents filed this week.
    Geoffrey Portway pleaded guilty in May to distribution and possession of child pornography and solicitation to commit a crime of violence, according to court documents. He is scheduled to be sentenced on September 17.
    “Portway has pled guilty to some of the most vile and heinous crimes known to our society,” federal prosecutors wrote in a sentencing recommendation.
    This is how twisted and perverted our society has become.
    A lot of Americans believe that if we could just elect "the right politicians" or if we could just change our economic system or if we could just fix one particular issue that everything would be right in America again.
    Unfortunately, what we are facing is not so simple. Our problems are not just in Washington D.C. or on Wall Street. The truth is that our biggest problem is what is going on inside of us.
    America is rotting and decaying on the inside, and the next great economic crisis is going to reveal just how bad things have gotten.
    Or could it be possible that I am overstating things? Please feel free to share what you think about the ongoing collapse of our society by posting a comment below...

    From http://theeconomiccollapseblog.com/a...crisis-strikes

    This is a really chilling report showing how bad America had become. Land of the Free and of the Brave ? Forget that, that was the 19 th century. Reading this you got the impression to be in a kind of horror film a la Hollywood but this particullar script is the REAL reality since people are becoming more and more zombifiying: no moral, no conscience, no remorse, no society judgement on them since everyone is either cheering his way or simply passing by.

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  163. #92
    Senior Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    Quote Originally Posted by Starcup View Post
    The way business is done in Washington has to change Obmini said ?

    They achieved to make add 328 Billions of $ as debt for the Usa just one day after Obmi capped that debt cieling. This would certainly go in the Guiness book of this year, because its quite impressive to depense such sum in only 12 hours.

    Change is Obima beloved screwed rethoric. The same as stating about a Truthspeaker that he is anti- semite.

    The first change would be to remove the Cabals and its minions and Obami as well.

    Seemed that i mispelled his name in this post, oh well doesnt matter-

    It will be a huge celebration when all these Cabals are out, not only in USA, but, around the world..The earth will be a peaceful place to live...Actually, there is an ongoing debate (since I think 80 years) in the Congress to repeal the Federal Reserve Act of 1913, which is hidden from the public, but, it is always defeated. Until now the income of the Cabals through this, is not even audited. It is one of the issues in this ongoing debate...Its very existence as we here know is illegal due to fact that it was not and is not even ratified at all...

    It was pushed by Senator Aldrich, the maternal grandfather to the Rockefellers in 1913 through the Congress before christmas when most of the members are in vacation...It is a violation of Article 1, Section 8 of the Constitution which states that Congress shall have the power to coin (create) money and regulate the value thereof. And President Wilson was bribed for a lot of money and he signed this act...

    Even Pres. Kennedy had signed an Executive Order 11.110 which was an attempt to abolish the FED and started printing his own dollars. I think that is the main reason why he was assassinated (although, there are other reasons, of course, aside from this.) This Executive Order 11.110 is still legal, but, no president after JFK ever attempted to enforce this, as they are afraid of the Cabals...

    There is as well an ongoing petition for the people of America and they are asked to contact their library for names and address of their local and Federal Congress People: Mail an envelope without your name and address attached....In the envelope say ''FED-UP(tm)Inc. Abolish the FED.'' Also iclude one teabag (Boston tea Party.) Politicians are aware of the teabag protest...Kindly contact a CPA (Certified Public Accountant) whom you know as there is a part or one page of a certain brochure which you should attach when sending your envelop for a petition...Arizona, Washington, Arkansas, Idaho, Indiana and Texas already introduced a legislation to end the FED...I hope that all Americans will join in this petition....

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  165. #93
    Senior Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    Quote Originally Posted by athena View Post
    It will be a huge celebration when all these Cabals are out, not only in USA, but, around the world..The earth will be a peaceful place to live...Actually, there is an ongoing debate (since I think 80 years) in the Congress to repeal the Federal Reserve Act of 1913, which is hidden from the public, but, it is always defeated. Until now the income of the Cabals through this, is not even audited. It is one of the issues in this ongoing debate...Its very existence as we here know is illegal due to fact that it was not and is not even ratified at all...

    It was pushed by Senator Aldrich, the maternal grandfather to the Rockefellers in 1913 through the Congress before christmas when most of the members are in vacation...It is a violation of Article 1, Section 8 of the Constitution which states that Congress shall have the power to coin (create) money and regulate the value thereof. And President Wilson was bribed for a lot of money and he signed this act...

    Even Pres. Kennedy had signed an Executive Order 11.110 which was an attempt to abolish the FED and started printing his own dollars. I think that is the main reason why he was assassinated (although, there are other reasons, of course, aside from this.) This Executive Order 11.110 is still legal, but, no president after JFK ever attempted to enforce this, as they are afraid of the Cabals...

    There is as well an ongoing petition for the people of America and they are asked to contact their library for names and address of their local and Federal Congress People: Mail an envelope without your name and address attached....In the envelope say ''FED-UP(tm)Inc. Abolish the FED.'' Also iclude one teabag (Boston tea Party.) Politicians are aware of the teabag protest...Kindly contact a CPA (Certified Public Accountant) whom you know as there is a part or one page of a certain brochure which you should attach when sending your envelop for a petition...Arizona, Washington, Arkansas, Idaho, Indiana and Texas already introduced a legislation to end the FED...I hope that all Americans will join in this petition....

    Agreed with you that it would a liberation a real liberation to be free of the Talmudic and machine Mind. Perhaps we should make it a HOLY DAY for the rest of the century to commenrate that fact.
    I know that there is a film about that in youtube how the Fed was installed.
    I believe its this one called after the Book "The creature of Jeykill Island" and there is a film commentators presenting the main chapter of the book down there.
    Link below: http://www.youtube.com/watch?v=Q93R5EQVOLI


    Last edited by Starcup; 10-21-2013 at 03:58 PM.

  166. #94
    Be your own Sovereign Hano's Avatar

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    Quote Originally Posted by Starcup View Post
    12 Shocking Clues About What America Will Look Like When The Next Great Economic Crisis Strikes


    By Michael Snyder, on October 20th, 2013

    The collapse of American society is accelerating. For the moment, much of our social decay is being masked by the tremendous level of affluence that we are experiencing. It has been reported that 4 out of every 5 adults in the United States "struggle with joblessness, near-poverty or reliance on welfare for at least parts of their lives", but in general Americans still enjoy a debt-fueled standard of living that is far beyond what most of the rest of the world enjoys. When that debt-fueled standard of living permanently disappears, it is going to unleash chaos unlike anything that America has ever seen before. Right now, economic conditions in this country are not anywhere close to where they were before 2008, but this is just the beginning. We are in the midst of an ongoing economic collapse which is going to get much, much worse in the years ahead. When the next major wave of the economic crisis strikes, millions of people are going to become extremely desperate. And desperate people do desperate things. We are already starting to see this play out all over the nation, but this is only a preview of coming attractions. What we are going to witness in future years is going to be almost too horrible for words.
    So how can I be so sure that this is going to happen? After all, the United States didn't descend into complete and utter chaos during the Great Depression of the 1930s. Wouldn't an economic depression unfold in a similar manner today?
    Unfortunately, a lot has changed since then. A lot more Americans were self-sufficient back in those days, and the truth is that the character of our nation has been rotting and decaying for decades. In a previous article, I described it this way...
    "We are simply not the same country that we used to be. Americans are proud, selfish, greedy, arrogant, ungrateful, treacherous and completely addicted to entertainment and pleasure. Our country is literally falling apart all around us, but most Americans are so plugged into entertainment that they can't even be bothered to notice what is happening."
    Just last weekend, there were "mini-riots" in several U.S. states when "technical issues" caused the food stamp system to go haywire for a few hours.
    What would have happened if there had been an extended outage or if the political crisis in D.C. had caused food stamps to be completely cut off at some point in November?
    Let's be thankful that we did not have to find out.
    But even though major food stamps riots may have been averted (at least for now), there are a whole host of other signs that America is going to become a very unstable place during the next major economic downturn. The following are 12 shocking clues about what America will look like when the next great economic crisis strikes...
    #1 Would you continue to work as a bus driver if you were stabbed while driving or if a passenger poured urine all over you? Just check out what has been going on in Detroit lately...
    After two drivers were recently stabbed and another had urine poured on her by an angry rider, union officials representing bus drivers for the city of Detroit are set to protest in front of city hall at 10 a.m. on Monday.
    #2 We are starting to see a lot of "group crimes" happen all over America. For example, just the other day in Brooklyn, New York a gang of 10 young thugs dragged a young couple out of their vehicle and brutally beat them...
    Ronald Russo was dragged to the ground. Then he was punched and kicked in the head. He felt more blows all over his body, investigators said. He suffered a fractured nose, a broken septum, a blood clot and abrasions to his shoulder. He was treated and released from Beth Israel Medical Center.
    In the midst of the attack, there was a steady chorus of epithets. “White motherf-----!” screamed the attackers, who ranged in age from 12 to 18.
    Alanna Russo, 30, was calling 911 when the 12-year-old girl pulled the woman’s hair and threw her to the ground. The victim’s head slammed into the concrete. She suffered a black eye, bleeding and difficulty breathing, prosecutors said, but she refused medical attention.
    #3 A lot of people assume that they are perfectly safe inside their own vehicles but that is not the case at all. A story in the New York Post about a gang of bikers that ruthlessly hunted down a young family that was driving an SUV made national headlines a few weeks ago...
    A gang of bikers terrorized a dad driving with his wife and baby daughter on the West Side Highway — chasing after their SUV and then dragging the man out and beating him to a pulp in front of his horrified family, authorities said.
    When the bikers caught up with this family they showed the father of the baby daughter absolutely no mercy...
    One biker can be seen on the video ripping off his helmet and using it to bash in Lien’s driver’s-side window.
    The crew pummeled Lien on the pavement in front of his wife, Rosalyn Ng, and their 2-year-old daughter, police sources said.
    Lien, who also was slashed during the melee, was rushed to Columbia University Medical Center. He needed stitches to his face and chest and had two black eyes.
    #4 We are living at a time when hearts are becoming very cold. Some Americans are becoming so desperate for money that they will do almost anything to get it. In fact, one couple in Tennessee has actually been charged with selling their four daughters for use in sex films...
    An East Tennessee couple is facing a list of charges, accused of selling their children to take part in sex films.
    Connie Sue McCall, 40, and her husband, Ronnie Lee McCall, 61, of Johnson City have been charged by a federal grand jury.
    Paperwork shows the couple was selling their four daughters.
    Prosecutors say the four girls were between the ages of 5 and 16 when this happened.
    Could you imagine such a thing happening in your neighborhood?
    Perhaps it is happening, but you just don't know that it is going on.
    #5 And it is not only older people that are having their hearts grow cold. It is happening to young people too. Last week, a 17-year-old girl was caught carrying around a dead baby (which she probably gave birth to) in a shopping bag in a Victoria's Secret store right in the heart of Manhattan...
    The dead baby found in the teen’s shopping bag at a Victoria’s Secret store in Manhattan was born alive and then asphyxiated, police said Friday, as the macabre discovery turned toward a possible homicide case.
    Police believe 17-year-old Tiana Rodriguez gave birth to the baby at a friend’s house and that the infant was later asphyxiated. However, the city medical examiner’s office said an autopsy was inconclusive, and more tests were needed.
    Who does something like that?

    #6 Sadly, a lot of mothers appear to be losing the natural affection that they should have for their children. Just check out another incident that happened in New York City recently...
    So much for no child left behind.
    A stroller-toting mom who used her 1-year-old son as cover during a massive candy shoplifting spree at a downtown Duane Reade used the tot's pram as a battering ram when workers confronted her — and then ran away without the baby, the NYPD said.
    #7 One of the clearest signs that American society is decaying is the fact that groups of kids are banding together and agreeing to commit absolutely horrible crimes. We have seen this with the "flash mob" robberies that are plaguing many cities, but what is even worse is when groups of kids band together to commit violent acts. In Pennsylvania recently, a group of teens cheered on attackers as they beat up a 15-year-old girl...
    Speaking exclusively to CBS 3, a 15-year-old high school student, whose identity we are concealing, described a terrifying attack by a gang of at least nine teenage boys as she was leaving an Interboro High School football game Monday night.
    The teenage victim described first being taunted by the attackers, who followed her down a neighborhood street, cursing and spitting at her, before she was repeatedly kicked and punched, suffering at least one blow to her head.
    The attackers even tried to throw her in front of a passing vehicle and nobody tried to stop them...
    The victim says as at least two of the teenagers pummeled her, the others cheered them on shouting, “Come on, let’s get her!” At one point, the victim says, the gang tried to throw her under the wheels of a passing car, which swerved, narrowly missing her.
    What is happening to this country?
    #8 We have also been hearing about a lot of "gang rapes" lately as well. The following is an excerpt from a first-hand account from a 14-year-old girl in Missouri that experienced this type of horrible ordeal...
    About five shots tall, I drank it. I guess I didn't know how badly it would mess me up. But the boys who gave it to me did.
    Then it was like I fell into a dark abyss. No light anywhere. Just dark, dense silence -- and cold. That's all I could ever remember from that night. Apparently, I was there for not even an entire hour before they discarded me in the snow.
    You can read the rest of her sobering story right here.
    Are you starting to understand why I am so convinced that we have a major problem with our young men in America today?
    Instead of raising young gentlemen, we are raising wild animals that seem to have very little self-control.
    #9 And sometimes the public does not do anything to stop sexual assaults even when they happen on public streets. In a recent incident in Athens, Ohio, not only did the public not stop a sexual assault, many actually took photos of the assault and posted them on social media websites...
    Horrific photos of an alleged rape in progress have been shared on social media after crowds at a college homecoming celebration chose to take pictures and videos of the sex act rather than stopping it.
    Would such a thing have happened in our country 50 years ago?
    Of course not.
    We need to come to grips with how far we have fallen.
    #10 In America today, young kids can beat a homeless man to death and it barely even makes a blip on the news. I'll bet hardly any of you have heard about what happened recently to a homeless man in New Jersey...
    Three teenagers were in custody Saturday morning, on charges of beating a homeless man to his death in Hoboken, N.J.
    As CBS 2’s Janelle Burrell reported, Hudson County Acting Prosecutor Gaetano T. Gregory said two 13-year-olds and a 14-year-old were charged in the Sept. 10 death of Ralph Eric Santiago, 46.
    What would cause 13-year-olds and 14-year-olds to behave so savagely?
    Could it be because we are raising them in a society where basic morality is not taught any longer?
    #11 Our young people certainly do not have much respect for the very elderly anymore either. Instead, the elderly are looked at as "weak" and "easy prey". Just check out what recently happened to a 70-year-old man in upstate New York...
    A 70-year-old man was seriously injured early Saturday morning after being attacked outside of a 7-Eleven in Syracuse.
    Police say James Gifford had just left the store at the intersection of Valley Drive and South Street just after 6:00 a.m. and was attacked by a group of five or six black males, according to Syracuse Police.
    Police also said this appears to be an unprovoked incident with an innocent victim.
    #12 In this day and age, it is very hard to tell who you can trust. You might meet someone on the street and they might smile and seem very nice, but inside they may be full of all kinds of garbage. For example, just check out what one man in the Boston area planned to do
    A Boston-area man, who was planning to kidnap children, lock them in a basement dungeon, rape and eat them, should be imprisoned for at least 27 years, federal authorities said in court documents filed this week.
    Geoffrey Portway pleaded guilty in May to distribution and possession of child pornography and solicitation to commit a crime of violence, according to court documents. He is scheduled to be sentenced on September 17.
    “Portway has pled guilty to some of the most vile and heinous crimes known to our society,” federal prosecutors wrote in a sentencing recommendation.
    This is how twisted and perverted our society has become.
    A lot of Americans believe that if we could just elect "the right politicians" or if we could just change our economic system or if we could just fix one particular issue that everything would be right in America again.
    Unfortunately, what we are facing is not so simple. Our problems are not just in Washington D.C. or on Wall Street. The truth is that our biggest problem is what is going on inside of us.
    America is rotting and decaying on the inside, and the next great economic crisis is going to reveal just how bad things have gotten.
    Or could it be possible that I am overstating things? Please feel free to share what you think about the ongoing collapse of our society by posting a comment below...

    From http://theeconomiccollapseblog.com/a...crisis-strikes

    This is a really chilling report showing how bad America had become. Land of the Free and of the Brave ? Forget that, that was the 19 th century. Reading this you got the impression to be in a kind of horror film a la Hollywood but this particullar script is the REAL reality since people are becoming more and more zombifiying: no moral, no conscience, no remorse, no society judgement on them since everyone is either cheering his way or simply passing by.
    The American government has electromagnetic and microwave weaponry that can seriously disrupt the normal electrical functioning of the brain. An electromagnetic field of a certain frequency can cause symptoms that resemble insanity and it can create extreme violence and criminal behaviour in those who already have a tendency towards these behaviors. These stimulating frequencies can easily be transmitted into any densely populated areas via radio- and celltowers. It overstimulates the amygdala (the animal part of the brain) and impairs the proper functioning of the frontal cortex which is responsible for higher reasoning and moral control. People get confused and afraid and generally suppressed emotional and violent behaviour take over. These frequencies can also be transmitted anywhere there are celltowers which is basically everywhere. This is just one possible cause of the behaviour.

    Another cause could be the failure to integrate the higher frequencies of Light that are now bathing the planet from everywhere plus the effects of the Wave as it passes through. People that are very dense and don't successfully integrate the Light into their mental, spiritual and physical systems will eventually be driven, quite literally, crazy by it. That is why apparent incidences of insanity is starting to rise dramatically. Incidences like those in the article will just keep increasing as the Light frequency increases. I would suspect that robotoids would be especially susceptible to this effect since they don't have the mitigating effect of a living spirit.

    Hano
    The Dark of the Long Night shall give way to the Light of the Eternal Day and HUman shall eternally be the Keeper of the Light as the Heart of the One

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  168. #95
    Senior Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    Another One Trillion Dollars ($1,000,000,000,000) In Debt

    By Michael Snyder, on October 21st, 2013

    Did you know that the U.S. national debt has increased by more than a trillion dollars in just over 12 months? On September 30th, 2012 the U.S. national debt was sitting at $16,066,241,407,385.89. Today, it is up to $17,075,590,107,963.57. These numbers come directly from official U.S. government websites and can easily be verified. For a long time the national debt was stuck at just less than 16.7 trillion dollars because of the debt ceiling fight, but now that the debt ceiling crisis has been delayed for a few months the national debt is soaring once again. In fact, just one day after the deal in Congress was reached, the U.S. national debt rose by an astounding 328 billion dollars. In the blink of an eye we shattered the 17 trillion dollar mark with no end in sight. We are stealing about $100,000,000 from our children and our grandchildren every single hour of every single day. This goes on 24 hours a day, month after month, year after year without any interruption.
    Over the past five years, the U.S. government has been on the greatest debt binge in history. Unfortunately, most Americans don't realize just how bad things have gotten because the true budget deficit numbers are not reported on the news. The following is where the U.S. national debt has been on September 30th during the five years previous to this one...
    09/30/2012: $16,066,241,407,385.89
    09/30/2011: $14,790,340,328,557.15
    09/30/2010: $13,561,623,030,891.79
    09/30/2009: $ 11,909,829,003,511.75
    09/30/2008: $10,024,724,896,912.49
    The U.S. national debt is now 37 times larger than it was 40 years ago, and we are on pace to accumulate more new debt under the 8 years of the Obama administration than we did under all of the other presidents in U.S. history combined.
    Of course all of the blame can't be placed at the feet of Obama. During the last two elections the American people have given the Republicans a solid majority in the U.S. House of Representatives, and the government cannot spent a single penny without their approval.
    Unfortunately, House Speaker John Boehner and the Republicans that are allied with him have repeatedly turned their backs on the people that gave the Republicans the majority and they have authorized trillions of dollars of new debt which will be passed on to future generations of Americans...
    Since John Boehner became speaker of the U.S. House of Representatives on Jan. 5, 2011, the debt of the federal government has increased by $3,064,063,380,067.72. That is more than the total federal debt accumulated in the first 200 years of the U.S. Congress--during the terms of the first 48 speakers of the House.
    In fact, if all of that debt had been given directly to the American people, every household in America would have been able to buy a new truck...
    The $26,722 in new debt per household accumulated under Speaker Boehner would have been more than enough to buy every household in the United States a minivan or pickup truck--or to pay three years of in-state tuition (not counting room and board) at the typical state college.
    Sometimes we forget just how much money a trillion dollars is. In a previous article, I included some illustrations that I believe are helpful...

    -If you were alive when Jesus Christ was born and you spent one million dollars every single day since that point, you still would not have spent one trillion dollars by now.
    -If right this moment you went out and started spending one dollar every single second, it would take you more than 31,000 years to spend one trillion dollars.
    We are doing the exact same thing that Greece did, only on a much larger scale. What we are doing is not even close to sustainable, and it will inevitably end very, very badly. The following is what Michael Pento, the president of Pento Portfolio Strategies, told RT the other day...

    "That $17 trillion everybody says its 107 percent of GDP, that’s true. But who really cares about the percentage of GDP? It’s the percentage of the debt as a percentage of the revenue – its 700 percent of our revenue. Deficits are growing at 30 percent of our revenue every year added to the deficits we have already. So it’s unsustainable. What is going to happen eventually – a currency and bond market collapse! And it’s not going out 20 years, as I also heard someone mention. In 2016 we’ll probably be spending 40 percent of all of our revenue just to service our debt. That is what the interest payments will equal."
    The U.S. debt situation is so bad that even the Prime Minister of Cyprus is scolding us...
    "The U.S. has been fortunate in the sense that it’s like a bank, it prints the money that other people accept. So you can live beyond your means over an extended period of time without being punished by the market."
    Unfortunately, we will not be able to live way beyond our means forever. Reality is going to catch up with us at some point.
    Right now, the rest of the world is lending us giant mountains of money at interest rates that are far below the real rate of inflation. This is extremely irrational behavior, and this state of affairs will probably not last too much longer.
    But if interest rates go up, it will absolutely cripple the U.S. economy. For much more on this, please see this article.
    And what would make things much, much worse is if the rest of the globe starts moving away from using the U.S. dollar. At the moment, the U.S. dollar is the de facto reserve currency of the planet and this creates a tremendous demand for U.S. dollars and U.S. debt.
    If that changes, it will be absolutely catastrophic for the United States, and unfortunately there are already lots of signs that this is already starting to happen. I wrote about this in my recent article entitled "9 Signs That China Is Making A Move Against The U.S. Dollar".
    But don't just take my word for it. Just a couple of days ago a major U.K. newspaper came to the same conclusions...
    China has overtaken the US as the world’s largest oil importer and goods trading nation. Over the next five years, it will surpass the rest of the world combined in its consumption of base metals.
    Given the scale of the country’s consumption of fossil fuels and raw materials, it is only a matter of time before the renminbi replaces the dollar as the primary currency for trading commodities and resources such as crude oil and iron ore.
    The debt ceiling farce in Washington and China’s growing reluctance to continue underwriting the US economy by buying up its bonds and adding to America’s near $17 trillion (£10.5 trillion) debt mountain suggests that this tectonic shift in the global trade system could be just around the corner.
    So what will happen when the rest of the world decides that they don't need to use our dollars or buy our debt any longer?
    At that point the consequences of decades of incredibly foolish decisions will result in an avalanche of economic pain that the American people are not prepared for.
    Earlier today, I came across a photograph that perfectly captures what America is heading for. The following photo of Mt. Rushmore crying has not been photoshopped. It was taken by Megan Ahrens and it was posted on the Tea Party Command Center. If George Washington was alive today, this is probably exactly how he would feel about the nation that he helped establish...







  169. #96
    Senior Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    Quote Originally Posted by athena View Post

    There is as well an ongoing petition for the people of America and they are asked to contact their library for names and address of their local and Federal Congress People: Mail an envelope without your name and address attached....In the envelope say ''FED-UP(tm)Inc. Abolish the FED.'' Also iclude one teabag (Boston tea Party.) Politicians are aware of the teabag protest...Kindly contact a CPA (Certified Public Accountant) whom you know as there is a part or one page of a certain brochure which you should attach when sending your envelop for a petition...Arizona, Washington, Arkansas, Idaho, Indiana and Texas already introduced a legislation to end the FED...I hope that all Americans will join in this petition....

    I found out that there is a telephone hotline which people can verify concerning this petition which is 217-854-704. There are other ways in which this petition could be pushed through with some of these suggestions that people should demand that Congress and the media support the ''We the people right, to uphold the Constitution and abolish the FED. People should write to other media and tell them to see the FED-UP(tm) in their program, write as well a local newspaper...Call TV, radio and discuss why the FED should be abolished....Inform Americans and collect signature of the petition...Display bumper sticker...Support businesses who distribute the petition and display the sign ''FED-UP.'' Distribute 2-3 brochures daily to inform the Americans...

    However, I find it ridiculous that majority of the Cabals do not even pay their income taxes, perhaps all of them, although, I do not have a record of this that all of them do not pay...Yet, in saying this, even the tax dollars of the Americans do not stay in their society...They are chanelled through England via a treaty, and from England these taxes are transferred through the Vatican Bank...How cruel is that...

  170. #97
    Senior Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    Quote Originally Posted by athena View Post
    I found out that there is a telephone hotline which people can verify concerning this petition which is 217-854-704. There are other ways in which this petition could be pushed through with some of these suggestions that people should demand that Congress and the media support the ''We the people right, to uphold the Constitution and abolish the FED. People should write to other media and tell them to see the FED-UP(tm) in their program, write as well a local newspaper...Call TV, radio and discuss why the FED should be abolished....Inform Americans and collect signature of the petition...Display bumper sticker...Support businesses who distribute the petition and display the sign ''FED-UP.'' Distribute 2-3 brochures daily to inform the Americans...

    However, I find it ridiculous that majority of the Cabals do not even pay their income taxes, perhaps all of them, although, I do not have a record of this that all of them do not pay...Yet, in saying this, even the tax dollars of the Americans do not stay in their society...They are chanelled through England via a treaty, and from England these taxes are transferred through the Vatican Bank...How cruel is that...
    It doesnt really matter: those telephone protest service are just a make up belief since nothing had been changed. The reason for this is because making that kind of petition to the normal Congress isnt going to have any effect just that you are left with the impression that you had tried to make something and rectify the position. To change something really deep we need to expose the Shadow governement something that had been done those couple of years but also to get rid of them. And get ride of the Cabals necessited a Celestials intervention because hey dont fool yourself, you can write yourself to death with those petitions but The Cabals dont care a fuck for those, as simply as this, because they simply own everything that is already on this planet pure and simple-
    While the people who are awakening are busy writing and collecting petitions they are pushing their NWO even more harder and quicker, that the way the ball is still rolling now.

  171. #98
    Senior Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    Obama joins critics of Obamacare site
    (well, when this is not a BIG change! Even hair grew white over night)

    Published time: October 21, 2013 16:53
    Edited time: October 21, 2013 18:37
    Get short URL

    US President Barack Obama (AFP Photo/Jewel Samad)

    Conflict, Health, Information Technology, Internet, Medicine, Politics, USA

    As the Affordable Care Act continues to suffer from serious technical issues, its troubled rollout has managed to enlist another frustrated critic: President Barack Obama.

    Speaking from the White House Rose Garden on Monday, Obama acknowledged that the health care law’s signup methods aren’t working as smoothly as they should be.

    “There is no sugarcoating it,” he said. “The website has been working too slow. There is no excuse for the problem.”

  172. #99
    Senior Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    Quote Originally Posted by butterfly View Post
    Obama joins critics of Obamacare site
    (well, when this is not a BIG change! Even hair grew white over night)

    Published time: October 21, 2013 16:53
    Edited time: October 21, 2013 18:37
    Get short URL

    US President Barack Obama (AFP Photo/Jewel Samad)

    Conflict, Health, Information Technology, Internet, Medicine, Politics, USA

    As the Affordable Care Act continues to suffer from serious technical issues, its troubled rollout has managed to enlist another frustrated critic: President Barack Obama.

    Speaking from the White House Rose Garden on Monday, Obama acknowledged that the health care law’s signup methods aren’t working as smoothly as they should be.

    “There is no sugarcoating it,” he said. “The website has been working too slow. There is no excuse for the problem.”
    Uhm how much did they dump into the Frontpage of Obamacare ? Read that it Half a Million Dollars which is pretty telling itself: if even the Obamacare infopage is a disaster in spee then the Obamacare would be the same gummick: would cost horribly and do nothing at all.

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  174. #100
    Senior Member

    Re: US GOVT SHUTS DOWN FOR 1ST TIME IN 17 YEARS AS BUDGET TALKS FAIL

    Quote Originally Posted by Starcup View Post
    It doesnt really matter: those telephone protest service are just a make up belief since nothing had been changed. The reason for this is because making that kind of petition to the normal Congress isnt going to have any effect just that you are left with the impression that you had tried to make something and rectify the position. To change something really deep we need to expose the Shadow governement something that had been done those couple of years but also to get rid of them. And get ride of the Cabals necessited a Celestials intervention because hey dont fool yourself, you can write yourself to death with those petitions but The Cabals dont care a fuck for those, as simply as this, because they simply own everything that is already on this planet pure and simple-
    While the people who are awakening are busy writing and collecting petitions they are pushing their NWO even more harder and quicker, that the way the ball is still rolling now.

    As far as my information is concerned it is not an ordinary protest hotline....People will be given an advice on what to do further, perhaps where they could get brochures and what additional thing to do etc...Majority of the Americans do not even know that there are some people in the Congress who are fighting for the abolition of the FED....How many people know that it is already happening for 80 years....There are not many of them in the Congress, yet. But, if people will join and do something, I think it is a good idea...That is why it is a good advice to join and try....Varied American states are already joining which did not happen before... The most important thing for me is awareness that this is happening...

    You said that we have to expose the Shadow government and to get rid of them, but, how...What is the best solution in your point of view....I am very open to a point of view...By the way, where does the shadow government come from and which organization funds it....Where do you think does it get its money from. How can a Shadow govenment exists without this money...Remember that we are still in duality....And money is still an important aspect and without this money, the Shadow government cannot function....Can you give an advice on how to get rid of the Shadow government?...Can one person do it or it is better when there are many people who will join in...Remember that if people will join together, many positive things will happen...The most important thing is the possibility and to try...How will people know the result, if they will not try...
    Last edited by athena; 10-22-2013 at 04:44 PM.

 

 

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