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I called it today. AND I WAS RIGHT!!!! Debt crisis IS OVER. YOU SHOULD HAVE TRUSTED ME

 
Limpan (OP)

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10/15/2013 06:50 AM

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Re: I called it today. AND I WAS RIGHT!!!! Debt crisis IS OVER. YOU SHOULD HAVE TRUSTED ME
A Shutdown Debt Deal Is Close, but Will It Work?

A tentative breakthrough in negotiations among congressional leaders to end the government shutdown and raise the debt ceiling faces a major test today: approval from the rank and file members of Congress.

Senate Majority Leader Harry Reid, D-Nev., and Senate Minority Leader Mitch McConnell, R-Ky., worked through the weekend and into this week hammering out the details of a potential compromise. But the fine print of the proposal will face the judgment of Republican lawmakers in the Senate this morning.

Monday's meeting was postponed because of ongoing negotiations, and the White House indefinitely put off a meeting with congressional leaders at the White House Monday afternoon to give lawmakers more time to hammer out the details of a compromise.

Where's Joe Biden? VP Shies From Debt Fight Spotlight

Both moves were viewed as positive signs that an end to the government shutdown that has so far lasted 15 days was near. And a deal would also raise the debt limit by the Thursday deadline.


[link to abcnews.go.com]

ohyeah
 Quoting: Limpan


I still think they will take us further to the brink to create an even stronger "stockholm" syndrome with the general public.

Speaking if Stockholm...I'll be there this afternoon. If you're right...I'll buy you a beer. dasbier
 Quoting: Anonymous Coward 26641154


And I will buy two for you!!


hf
Limpan (OP)

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10/15/2013 07:06 AM

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Re: I called it today. AND I WAS RIGHT!!!! Debt crisis IS OVER. YOU SHOULD HAVE TRUSTED ME
BREAKINGNEWS
if there's no debt-deal done by the end of the day, geraldcelente's going to pull all his money out of us banks. *slaps knee*

Limpan (OP)

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10/15/2013 07:07 AM

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Re: I called it today. AND I WAS RIGHT!!!! Debt crisis IS OVER. YOU SHOULD HAVE TRUSTED ME
Congress Reportedly Close to Deal on Debt Limit

[link to t.co] #dollar
No More Lies

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10/15/2013 07:08 AM

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Re: I called it today. AND I WAS RIGHT!!!! Debt crisis IS OVER. YOU SHOULD HAVE TRUSTED ME
Your thread tomorrow:

"I will call this TWO days late...TRUST ME"

chuckle
Thanks to whomever upgraded my account!
:nml:
Limpan (OP)

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10/15/2013 07:15 AM

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Re: I called it today. AND I WAS RIGHT!!!! Debt crisis IS OVER. YOU SHOULD HAVE TRUSTED ME
Senate leaders are settling a deal that will reopen the government and extend the U.S. debt ceiling until next year.

[link to t.co]
Limpan (OP)

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10/15/2013 07:16 AM

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Re: I called it today. AND I WAS RIGHT!!!! Debt crisis IS OVER. YOU SHOULD HAVE TRUSTED ME
Your thread tomorrow:

"I will call this TWO days late...TRUST ME"

chuckle
 Quoting: No More Lies


LMAO

Maybe????

hf
Anonymous Coward
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10/15/2013 07:19 AM
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Re: I called it today. AND I WAS RIGHT!!!! Debt crisis IS OVER. YOU SHOULD HAVE TRUSTED ME
op is a dork
Limpan (OP)

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10/15/2013 07:31 AM

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Re: I called it today. AND I WAS RIGHT!!!! Debt crisis IS OVER. YOU SHOULD HAVE TRUSTED ME
Deal is near!!!
From the WH

5a
Anonymous Coward
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10/15/2013 07:36 AM
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Re: I called it today. AND I WAS RIGHT!!!! Debt crisis IS OVER. YOU SHOULD HAVE TRUSTED ME
they will pass all kinds of weird unlawful crap. it will go through without a blink of an eye, because the masses will just be so relieved that the "shutdown" is over.

this whole thing was textbook hegelian dialectic.


oh yea, now everyone is all agitated for a new president and new hope and change, etc. so we have some energy to fuel the next round of sham elections, keep the psyop drama going.
Limpan (OP)

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10/15/2013 07:39 AM

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Re: I called it today. AND I WAS RIGHT!!!! Debt crisis IS OVER. YOU SHOULD HAVE TRUSTED ME
they will pass all kinds of weird unlawful crap. it will go through without a blink of an eye, because the masses will just be so relieved that the "shutdown" is over.

this whole thing was textbook hegelian dialectic.


oh yea, now everyone is all agitated for a new president and new hope and change, etc. so we have some energy to fuel the next round of sham elections, keep the psyop drama going.
 Quoting: Anonymous Coward 48343390


Yes they will
Limpan (OP)

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10/15/2013 07:44 AM

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Re: I called it today. AND I WAS RIGHT!!!! Debt crisis IS OVER. YOU SHOULD HAVE TRUSTED ME
(CBS) -- Two weeks after the government shut down and just days away from letting the nation risk default, Senate leaders on Monday sounded increasingly optimistic about the prospects of a deal to reopen the government and raise the debt limit.

The White House on Monday postponed a meeting with congressional leaders, giving the Senate more time to make progress on a deal that sources tell CBS News would fund the government through Jan. 15 and raise the nation's borrowing authority through Feb. 15. Senate Republicans plan to meet privately Tuesday morning to discuss the plan
Limpan (OP)

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10/15/2013 07:48 AM

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Re: I called it today. AND I WAS RIGHT!!!! Debt crisis IS OVER. YOU SHOULD HAVE TRUSTED ME
Washington (CNN) -- Will Tuesday be Senate Majority Leader Harry Reid's "bright day"?

"Perhaps tomorrow will be a bright day," he said.


Yes it will

ohyeahohyeahohyeahohyeahohyeahohyeahohyeahohyeahohyeahohyeah
Limpan (OP)

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10/15/2013 07:51 AM

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Re: I called it today. AND I WAS RIGHT!!!! Debt crisis IS OVER. YOU SHOULD HAVE TRUSTED ME
Central banks have begun making contingency plans on how they would keep financial markets working if the U.S. defaults on the world’s benchmark debt.
Policy makers discussed possible responses when they met at the International Monetary Fund’s annual meetings in Washington over the weekend, said officials who spoke on condition of anonymity because the talks were confidentia
l. The discussions continued as policy makers headed home.


[link to www.bloomberg.com]


Will never happen!!!!

Last Edited by Limpan on 10/15/2013 07:52 AM
Limpan (OP)

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10/15/2013 07:52 AM

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Re: I called it today. AND I WAS RIGHT!!!! Debt crisis IS OVER. YOU SHOULD HAVE TRUSTED ME
So what happens if Thursday comes and goes and the limit isn’t raised?

The scary thing is, no one really knows. Going past the deadline would be unprecedented.

If the talks among President Barack Obama, Senate Majority Leader Harry Reid and House Speaker John Boehner fail, the possible consequences are complex. But none is good. The gravest threat is that the government would soon fail to make interest payments on its debt. Any missed payment would trigger a default.

Financial markets would sink. Social Security checks would be delayed. Eventually, the economy would almost surely slip into another financial crisis and recession.

Even if the government managed to make its interest payments, fears about a default could cause investors to dump Treasurys and send U.S. borrowing rates soaring.

Here are questions and answers about the government’s borrowing limit:


[link to www.spokesman.com]
Limpan (OP)

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10/15/2013 07:55 AM

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Re: I called it today. AND I WAS RIGHT!!!! Debt crisis IS OVER. YOU SHOULD HAVE TRUSTED ME
Buy the Rumor: AUD, NZD Lead on US Debt Hope; USD Eyes Rebound

[link to www.4-traders.com]

5a
Limpan (OP)

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10/15/2013 07:58 AM

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Re: I called it today. AND I WAS RIGHT!!!! Debt crisis IS OVER. YOU SHOULD HAVE TRUSTED ME
Both sides of the story


WHETHER or not the United States defaults on its debts this week, the mere fact that the possibility is being discussed is a game-changer.

At last, lots of people are seriously wondering just how long a chronic debtor can be trusted to repay its creditors with still more borrowed cash or IOUs.

People are finally waking up to the fact that you can’t keep printing money without lowering the purchasing power of each dollar in circulation.

That dollar you lent two years ago, when it comes back to you with not very much interest, will buy less in the present market than it did before. You’ve lost, and so has every other creditor.

So what went wrong with Uncle Sam?

The lunar right claim it’s all the fault of social programs. Keeping bludgers on life-support is killing the country, they say. If they can’t afford bread then let them eat cake, the time-honoured theory seems to run.



[link to www.theherald.com.au]
Limpan (OP)

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10/15/2013 07:59 AM

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Re: I called it today. AND I WAS RIGHT!!!! Debt crisis IS OVER. YOU SHOULD HAVE TRUSTED ME
Investors weren't fully convinced Tuesday morning that politicians in Washington would manage to hash out a plan to raise the U.S. debt ceiling and end the government shutdown.
U.S. stock futures were barely budging ahead of the opening bell.
Signs that Senate leaders were moving closer to an agreement to end the partial government shutdown and raise the country's debt limit pushed U.S. stocks higher Monday.
But as the shutdown heads into its 15th day, there are concerns that Washington will struggle to pay all of its bills if a debt resolution isn't reached this week.


[link to money.cnn.com]


HMMMMMMM

hiding
Limpan (OP)

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10/15/2013 08:02 AM

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Re: I called it today. AND I WAS RIGHT!!!! Debt crisis IS OVER. YOU SHOULD HAVE TRUSTED ME
Darrell Cronk, Wells Fargo Private Bank, says there is a realistic chance lawmakers will reach an agreement on the debt ceiling.

[link to finance.yahoo.com]

There you go


applause2
Limpan (OP)

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10/15/2013 08:04 AM

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Re: I called it today. AND I WAS RIGHT!!!! Debt crisis IS OVER. YOU SHOULD HAVE TRUSTED ME
1. How Boehner can save his speakership:

Conventional wisdom is that House Speaker John Boehner has been afraid to defy the Ted Cruz-inspired House members who have insisted on closing the government and holding the debt ceiling hostage unless President Obama agrees to delay or defund Obamacare. The assumption is that Boehner fears that the most zealous Republicans in his caucus would turn on him and remove him as speaker. With that in mind, there's one story I've been waiting for and still haven't seen: Why haven't the Democrats offered to protect Boehner if he runs into trouble by allowing the full House to vote to reopen the government and extend the debt ceiling?


[link to www.chicagotribune.com]
Limpan (OP)

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10/15/2013 08:05 AM

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Re: I called it today. AND I WAS RIGHT!!!! Debt crisis IS OVER. YOU SHOULD HAVE TRUSTED ME
10 Things You Need To Know Before The Opening Bell

Read more: [link to www.businessinsider.com]
recollector

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10/15/2013 08:05 AM
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Re: I called it today. AND I WAS RIGHT!!!! Debt crisis IS OVER. YOU SHOULD HAVE TRUSTED ME
Limpan, if you think that a debt crisis can be solved politically...man, you need to wake up.


U.S. is on the brink of default, NO MATTER if the debt ceiling is risen to sky or not.


There are only 3 solutions for the U.S. not to default in the coming 2-3 weeks :

1. cut spending...A LOT. The result will kill what economy is left and/or trigger massive riots, killing the markets. Obama will never accept this.

2.Huge investments and the creation of at least 10,000,000 jobs (full jibs), in 4-6 months. Impossible. Only a solution in theory.

3.Rise taxes with at least 40%.Nobody will accept this.


The Congress will probably rise the debt ceiling...but the interest on U.S. bonds will automatically rise, most likely to 5% for 10yrs, in a matter of days or few weeks.

They can't pay such interest unless do one of the 3 solution of the above...which they won't.
recollector
Limpan (OP)

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10/15/2013 08:07 AM

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Re: I called it today. AND I WAS RIGHT!!!! Debt crisis IS OVER. YOU SHOULD HAVE TRUSTED ME
The deal under discussion would include an extension of federal funding to January 15, an extension of the debt limit until February and terms for a budget conference to work out a longer term spending deal by December 13, according to a Democratic aide.

The proposal would also make two minor changes to the Affordable Care Act. First, it would delay to the law's reinsurance fee, a provision requiring employers to pay into a pool that would support insurers if too few healthy people obtained coverage through the exchanges. This fee is opposed by labor unions, so the move would be considered a plus for Democrats. Second, it would put in place a stricter procedure for verifying the income of people applying for government subsidies to buy insurance, which Republicans could claim as a win.

Both parties would get something out of the bill.


[link to maddowblog.msnbc.com]


choruschoruschoruschoruschoruschoruschoruschoruschoruschoruschoruschoruschorus
cherokee
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10/15/2013 08:10 AM
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Re: I called it today. AND I WAS RIGHT!!!! Debt crisis IS OVER. YOU SHOULD HAVE TRUSTED ME
i agree, and they need to stop holding ted cruz out as some kind of hero. he's a go along to get along type of man too. rand paul is our only hope!
Limpan (OP)

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10/15/2013 08:11 AM

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Re: I called it today. AND I WAS RIGHT!!!! Debt crisis IS OVER. YOU SHOULD HAVE TRUSTED ME
Limpan, if you think that a debt crisis can be solved politically...man, you need to wake up.


U.S. is on the brink of default, NO MATTER if the debt ceiling is risen to sky or not.


There are only 3 solutions for the U.S. not to default in the coming 2-3 weeks :

1. cut spending...A LOT. The result will kill what economy is left and/or trigger massive riots, killing the markets. Obama will never accept this.

2.Huge investments and the creation of at least 10,000,000 jobs (full jibs), in 4-6 months. Impossible. Only a solution in theory.

3.Rise taxes with at least 40%.Nobody will accept this.


The Congress will probably rise the debt ceiling...but the interest on U.S. bonds will automatically rise, most likely to 5% for 10yrs, in a matter of days or few weeks.

They can't pay such interest unless do one of the 3 solution of the above...which they won't.
 Quoting: recollector


Don't tell anyone!!!

I'm awake!!


I'm just trying to do get the GLP affect away on this one!!
Them maybe something will happens for once!!


Please don't tell anyone



hf
Limpan (OP)

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10/15/2013 08:12 AM

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Re: I called it today. AND I WAS RIGHT!!!! Debt crisis IS OVER. YOU SHOULD HAVE TRUSTED ME
With a potential debt default looming, Senate leaders are close to a deal to stave off a self-inflicted political calamity that would shred US credibility and rock the global economy.

Signs of hope emerged on Monday, three days before a deadline to raise the US government's borrowing limit and as a partial federal government shutdown enters its third week.

Senate majority leader Harry Reid and Republican minority leader Mitch McConnell conducted low-key talks aimed at saving the day.

'I'm very optimistic we will reach an agreement that's reasonable in nature this week to reopen the government, pay the nation's bills and begin long-term negotiations to put our country on sound fiscal footing,' Reid said.

At the conclusion of Monday's Senate session, he said that 'we are not there yet, but tremendous progress' has been made, in words that eased tension on the markets.

The Dow Jones Industrial Average closed 0.42 per cent higher at 15,301.26 while the broader SP 500 rose 0.41 per cent to 1,710.14.

Asian markets broadly rose on Tuesday, with Tokyo, Hong Kong and Seoul all up in early trading.

'It's not like the US can't afford to pay its bills; it's more like its wife has just hidden its cheque book,' said CLSA Asia-Pacific Markets equity strategist Nicholas Smith.

'Most fund managers appear to be more frightened of being left behind if the market rips than of the apocalyptic scenario of failing to fix the debt ceiling on time,' he told Dow Jones Newswires.



[link to www.skynews.com.au]
Limpan (OP)

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10/15/2013 09:02 AM

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Re: I called it today. AND I WAS RIGHT!!!! Debt crisis IS OVER. YOU SHOULD HAVE TRUSTED ME
2 % chance of a default according to the markets....

5a
Limpan (OP)

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10/15/2013 09:48 AM

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Re: I called it today. AND I WAS RIGHT!!!! Debt crisis IS OVER. YOU SHOULD HAVE TRUSTED ME
New York. The deadlock in the U.S. Congress may be about to be resolved - temporarily.
Late in the night Swedish time was still ongoing calls in the Senate to raise the U.S. debt ceiling and avoid a new global economic crisis.
But according to sources, it's all about raising the ceiling until February.
- We go from crisis to crisis. We will probably get to see all the way through 2014, told CNN's political commentator, Republican, Kevin Madden, about the news.
Limpan (OP)

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10/15/2013 10:10 AM

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Re: I called it today. AND I WAS RIGHT!!!! Debt crisis IS OVER. YOU SHOULD HAVE TRUSTED ME
I’m confident we’ll be able to reach a comprehensive agreement this week in time to avert a catastrophic default," Reid just told Senate.


clappa
Limpan (OP)

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10/15/2013 10:15 AM

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Re: I called it today. AND I WAS RIGHT!!!! Debt crisis IS OVER. YOU SHOULD HAVE TRUSTED ME
Congressman Darrel Issa emerged to tell reporters the members were preparing their own legislation that he said would be "similar to the Senate compromise" but more acceptable to the GOP.

He said that it would also include a delay to the medical devices tax - which Senate Democrats were seeking to keep put of any deal. Another senior House Republican said that delay would last two years.

It would also include a largely symbolic - but nonetheless controversial - component taken from the so-called Vitter Amendment, proposed a few weeks ago by senator David Vitter, denying members of Congress, the President and his cabinet access to employer healthcare insurance subsidi
es.

5a

The democrates will accept that now with there backs against the wall


¨
hf
Limpan (OP)

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10/15/2013 10:17 AM

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Re: I called it today. AND I WAS RIGHT!!!! Debt crisis IS OVER. YOU SHOULD HAVE TRUSTED ME
Riding a four-day rally driven by hopes that U.S. lawmakers will get a debt deal done and avoid a default, stocks were mostly lower Tuesday.

Investors are waiting to see if optimism from Senate leaders that an end to the crisis is near results in the reopening of the government and an agreement before Thursday's debt-ceiling deadline.

In early trading, the Dow Jones industrial average was 0.25% lower, the Standard & Poor's 500 down 0.3% and the Nasdaq composite down fractionally


banana2

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