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10:08 PM
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You all understand that there is a difference between this "government shutdown" and the debt ceiling issue, right?
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[quote:SteamrolledGobias:MV8yMzY2NjM2XzQwNTAzMTkyX0Y3NUZENEJF] [quote:Anonymous Coward 47537231:MV8yMzY2NjM2XzQwNTAyODA4XzcxMjVEQTAz] [quote:regulator 47524493:MV8yMzY2NjM2X0U0MTYzRkQ=] The debt ceiling is a different issue. If the debt ceiling is not raised, then the US Treasury can not make any more auctions of new debt, and so it can not account for the daily expenditures, and can not pay for the maturing debt. [/quote] How about instead of debt auctions, the treasury exercises it's constitutional right to issue greenbacks, which can be used to service the debt and eventually make their way into circulation? Didn't JFK and Lincoln basically do this? So there is historical precedent. [/quote] yes JFK and Lincoln did this and they were both assassinated we need to deal with Is-ra-el and their central banking scheme before we can safely issue our own currency. Zionist Khazar's need to be run out of the country or strung up over lamp posts before America will ever see prosperity again. [/quote]
Original Message
So, I guess everyone here understands that the "government shutdown" caused by the non-approval of the federal budget for fiscal year 2014 is not the same issue as the debt ceiling, right?
The "government shutdown" caused by the non-approval of the federal budget for fiscal year 2014
is not a real "shutdown".
It only makes the government going on "standy by", restricted to "essential services".
It's
WAY LESS SERIOUS
than the debt ceiling issue.
The debt ceiling is a different issue. If the debt ceiling is not raised, then the US Treasury can not make any more auctions of new debt, and so it can not account for the daily expenditures, and can not pay for the maturing debt.
It can lead the US Treasury to a DEFAULT, that is
WAY MUCH MORE SERIOUS
than a "government shutdown" that is not even a real shutdown.
So, forget the federal budget for fiscal year 2014 and the "government shutdown".
It's a smoke screen.
The real issue is the debt ceiling.
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