Surprise! Debt-ceiling deal gives Obama a blank check: Loophole will allow government to spend WITHOUT LIMIT until February | |
*Rhombus* User ID: 38804434 United States 10/18/2013 12:06 PM Report Abusive Post Report Copyright Violation | |
heresmystupidaccount User ID: 30697378 United States 10/18/2013 12:10 PM Report Abusive Post Report Copyright Violation | Re: Surprise! Debt-ceiling deal gives Obama a blank check: Loophole will allow government to spend WITHOUT LIMIT until February -Congressional deal set a time limit for a debt-ceiling extension, but didn't cap it with a fixed dollar amount Quoting: Stu -Obama's three autumn demands – a new budget, a farm bill and comprehensive immigration reform – could take the U.S. into uncharted debt territory while Treasury stops enforcing a limit -Democrats' immigration demands, previously parried with complaints about the cost of new border fences, could suddenly seem easy to grant -Food stamp recipients, paid through the farm bill, have doubled under Obama and that growth shows no sign of stopping -U.S. national debt stands to add a minimum of $300 billion between now and Feb. 7, when the eleventh-hour deal negotiated Wednesday expires By David Martosko, U.s. Political Editor PUBLISHED: 18:01 EST, 17 October 2013 | UPDATED: 18:08 EST, 17 October 2013 Read more: [link to www.dailymail.co.uk] Follow us: @MailOnline on Twitter | DailyMail on Facebook They are preparing for something, and they only need till February to prepare for it. With sufficient thrust, pigs fly just fine. heresmystupidaccount |
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Saddletramp User ID: 1052341 Puerto Rico 10/18/2013 12:11 PM Report Abusive Post Report Copyright Violation | Re: Surprise! Debt-ceiling deal gives Obama a blank check: Loophole will allow government to spend WITHOUT LIMIT until February It appears this was the whole point to this political charade, and it also appears both the democratic leadership and Republican RINO leadership was involved from the very beginning. Now the question is, why?!?!? What is going to happen in the next four months that they need unlimited spending ability?!?!? This fiasco has been in the works since May, when we first hit the debt ceiling...I asked repeatedly, why aren't they working on this? Why did they wait until they were virtually out of "Extraordinary Measures" money to begin this process?!?!? Now at least, that question has been answered... Last Edited by Saddletramp on 10/18/2013 12:12 PM "And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius "Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..." "We don't rent pigs!" |
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Stu (OP) User ID: 37586140 United States 10/18/2013 12:14 PM Report Abusive Post Report Copyright Violation | Re: Surprise! Debt-ceiling deal gives Obama a blank check: Loophole will allow government to spend WITHOUT LIMIT until February there is only ONE logical conclusion to all of this madness: they are purposely trying to detonate the economy. There is simply No Way Out. We already passed the Event Horizon. _____________________________________ Even the structure of the atom has been found by the mind. Therefore the mind is subtler than the atom. That which is behind the mind, namely the individual soul, is subtler than the mind. -Ramana |
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Saddletramp User ID: 1052341 Puerto Rico 10/18/2013 12:26 PM Report Abusive Post Report Copyright Violation | Re: Surprise! Debt-ceiling deal gives Obama a blank check: Loophole will allow government to spend WITHOUT LIMIT until February Thread: A Question To Ponder About Recent Political Manuverings, The Government Shut Down, And The Debt Ceiling... OP, you're thread is the most important topic on GLP today!!! Last Edited by Saddletramp on 10/18/2013 12:27 PM "And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius "Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..." "We don't rent pigs!" |
Anonymous Coward User ID: 47969401 United States 10/18/2013 12:29 PM Report Abusive Post Report Copyright Violation | Re: Surprise! Debt-ceiling deal gives Obama a blank check: Loophole will allow government to spend WITHOUT LIMIT until February A little off topic, but may be important. The Amero. [link to www.fourwinds10.net] |
Saddletramp User ID: 1052341 Puerto Rico 10/18/2013 12:31 PM Report Abusive Post Report Copyright Violation | Re: Surprise! Debt-ceiling deal gives Obama a blank check: Loophole will allow government to spend WITHOUT LIMIT until February there is only ONE logical conclusion to all of this madness: they are purposely trying to detonate the economy. There is simply No Way Out. Quoting: Stu We already passed the Event Horizon. Yeah but if they were going to detonate the economy that way, all they had to do was continue the shutdown and default... "And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius "Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..." "We don't rent pigs!" |
Stu (OP) User ID: 37586140 United States 10/18/2013 12:33 PM Report Abusive Post Report Copyright Violation | Re: Surprise! Debt-ceiling deal gives Obama a blank check: Loophole will allow government to spend WITHOUT LIMIT until February Thread: A Question To Ponder About Recent Political Manuverings, The Government Shut Down, And The Debt Ceiling... Quoting: Saddletramp OP, you're thread is the most important topic on GLP today!!! yes (re: your thread), something is definitely afoot. They're not stupid, they see the writing on the wall. I give the timeline of about 2 years to US economic collapse (or worldwide, but thats a good case scenario. But thats not likely to happen as the house of cards can be crashed via many tipping points. For instance, its almost a dead certainty, Iran will get attacked by Israel in less than one year. On the bright side, it gives preppers more time to prepare. _____________________________________ Even the structure of the atom has been found by the mind. Therefore the mind is subtler than the atom. That which is behind the mind, namely the individual soul, is subtler than the mind. -Ramana |
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Stu (OP) User ID: 37586140 United States 10/18/2013 12:34 PM Report Abusive Post Report Copyright Violation | Re: Surprise! Debt-ceiling deal gives Obama a blank check: Loophole will allow government to spend WITHOUT LIMIT until February there is only ONE logical conclusion to all of this madness: they are purposely trying to detonate the economy. There is simply No Way Out. Quoting: Stu We already passed the Event Horizon. Yeah but if they were going to detonate the economy that way, all they had to do was continue the shutdown and default... its called acclimatation and conditioning...that is all. A controlled collapse if you will. _____________________________________ Even the structure of the atom has been found by the mind. Therefore the mind is subtler than the atom. That which is behind the mind, namely the individual soul, is subtler than the mind. -Ramana |
Anonymous Coward User ID: 48324557 United States 10/18/2013 12:38 PM Report Abusive Post Report Copyright Violation | Re: Surprise! Debt-ceiling deal gives Obama a blank check: Loophole will allow government to spend WITHOUT LIMIT until February It appears this was the whole point to this political charade, and it also appears both the democratic leadership and Republican RINO leadership was involved from the very beginning. Quoting: Saddletramp Now the question is, why?!?!? What is going to happen in the next four months that they need unlimited spending ability?!?!? This fiasco has been in the works since May, when we first hit the debt ceiling...I asked repeatedly, why aren't they working on this? Why did they wait until they were virtually out of "Extraordinary Measures" money to begin this process?!?!? Now at least, that question has been answered... Resonating with you on the same frequency Mr. Tramp. This whole hokie-pokie was to remove the debt-ceiling. Whats not clear to me is this for an imminent "event" sometime within the next 4-6 months, or have they "broken the seal", and we are now permanently off to the races with an ever amended extension? Frankly, Im not sure which scenario I prefer..... |
Anonymous Coward User ID: 48324557 United States 10/18/2013 12:41 PM Report Abusive Post Report Copyright Violation | Re: Surprise! Debt-ceiling deal gives Obama a blank check: Loophole will allow government to spend WITHOUT LIMIT until February It appears this was the whole point to this political charade, and it also appears both the democratic leadership and Republican RINO leadership was involved from the very beginning. Quoting: Saddletramp Now the question is, why?!?!? What is going to happen in the next four months that they need unlimited spending ability?!?!? This fiasco has been in the works since May, when we first hit the debt ceiling...I asked repeatedly, why aren't they working on this? Why did they wait until they were virtually out of "Extraordinary Measures" money to begin this process?!?!? Now at least, that question has been answered... Resonating with you on the same frequency Mr. Tramp. This whole hokie-pokie was to remove the debt-ceiling. Whats not clear to me is this for an imminent "event" sometime within the next 4-6 months, or have they "broken the seal", and we are now permanently off to the races with an ever amended extension? Frankly, Im not sure which scenario I prefer..... I gotta start reading the whole thread before responding: I see y'all have discussed the nuances..... |
Anonymous Coward User ID: 34953750 United States 10/18/2013 12:41 PM Report Abusive Post Report Copyright Violation | Re: Surprise! Debt-ceiling deal gives Obama a blank check: Loophole will allow government to spend WITHOUT LIMIT until February Complete collapse is inevitable by the end of the fiscal year 2015. They all know it and just keep kicking the can and trying to blame it all on the other guys... Get out of the banks while you still can and prepare, they are. |
Revbo™ User ID: 16860056 United States 10/18/2013 12:41 PM Report Abusive Post Report Copyright Violation | Re: Surprise! Debt-ceiling deal gives Obama a blank check: Loophole will allow government to spend WITHOUT LIMIT until February there is only ONE logical conclusion to all of this madness: they are purposely trying to detonate the economy. There is simply No Way Out. Quoting: Stu We already passed the Event Horizon. Yeah but if they were going to detonate the economy that way, all they had to do was continue the shutdown and default... What do you think it could be, ST? Another war? It seems to me, they know it's all over soon. Otherwise, they wouldn't have drained all those feds' pension funds before going into shutdown/default debate mode. Maybe, they thought whatever it is, was coming before we reached this point. The Syria thing could have been it, but Putin killed that. They could have easily gotten their blank check if that had happened, so I guess, slipping it in to the CR at the last minute under threat of default was the next best thing. John 8:32 And ye shall know the truth, and the truth shall make you free. |
Stu (OP) User ID: 37586140 United States 10/18/2013 12:49 PM Report Abusive Post Report Copyright Violation | Re: Surprise! Debt-ceiling deal gives Obama a blank check: Loophole will allow government to spend WITHOUT LIMIT until February note how the crisis timeline is getting shorter THE SECOND COMING Turning and turning in the widening gyre The falcon cannot hear the falconer; Things fall apart; the centre cannot hold; Mere anarchy is loosed upon the world, The blood-dimmed tide is loosed, and everywhere The ceremony of innocence is drowned; The best lack all conviction, while the worst Are full of passionate intensity. Surely some revelation is at hand; Surely the Second Coming is at hand. The Second Coming! Hardly are those words out When a vast image out of Spiritus Mundi Troubles my sight: a waste of desert sand; A shape with lion body and the head of a man, A gaze blank and pitiless as the sun, Is moving its slow thighs, while all about it Wind shadows of the indignant desert birds. The darkness drops again but now I know That twenty centuries of stony sleep Were vexed to nightmare by a rocking cradle, And what rough beast, its hour come round at last, Slouches towards Bethlehem to be born? - William Butler Yeats ( Note: no religious alliteration intended here) _____________________________________ Even the structure of the atom has been found by the mind. Therefore the mind is subtler than the atom. That which is behind the mind, namely the individual soul, is subtler than the mind. -Ramana |
Anonymous Coward User ID: 31036137 United States 10/18/2013 12:52 PM Report Abusive Post Report Copyright Violation | Re: Surprise! Debt-ceiling deal gives Obama a blank check: Loophole will allow government to spend WITHOUT LIMIT until February Sucking up wealth in dollars, convert to another form of wealth and let the dollar collapse. Institute a new currency and transfer the converted wealth back into the new currency. Should happen during the next great World War in the planning. |
Saddletramp User ID: 1052341 Puerto Rico 10/18/2013 12:56 PM Report Abusive Post Report Copyright Violation | Re: Surprise! Debt-ceiling deal gives Obama a blank check: Loophole will allow government to spend WITHOUT LIMIT until February there is only ONE logical conclusion to all of this madness: they are purposely trying to detonate the economy. There is simply No Way Out. Quoting: Stu We already passed the Event Horizon. Yeah but if they were going to detonate the economy that way, all they had to do was continue the shutdown and default... its called acclimatation and conditioning...that is all. A controlled collapse if you will. Oh I've been saying for a long time it will be a controlled demolition.. I dunno, it sure could be a way to hyperinflate the system and destroy the dollar. Another thing to consider, what if they need unlimited borrowing authority to buy back all of China's Treasuries through their direct link with the FED?!?!? "And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius "Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..." "We don't rent pigs!" |
Stu (OP) User ID: 37586140 United States 10/18/2013 01:00 PM Report Abusive Post Report Copyright Violation | Re: Surprise! Debt-ceiling deal gives Obama a blank check: Loophole will allow government to spend WITHOUT LIMIT until February there is only ONE logical conclusion to all of this madness: they are purposely trying to detonate the economy. There is simply No Way Out. Quoting: Stu We already passed the Event Horizon. Yeah but if they were going to detonate the economy that way, all they had to do was continue the shutdown and default... its called acclimatation and conditioning...that is all. A controlled collapse if you will. Oh I've been saying for a long time it will be a controlled demolition.. I dunno, it sure could be a way to hyperinflate the system and destroy the dollar. Another thing to consider, what if they need unlimited borrowing authority to buy back all of China's Treasuries through their direct link with the FED?!?!? the Fed cannot continue to monetize unless the debt is expanding. If the budget is cut and the deficit is scaled back then outstanding Treasury sales must decrease. But that would collapse asset prices. So they're boxed in a corner. Deflation (which is naturally healing) will not be allowed under any circumstances. _____________________________________ Even the structure of the atom has been found by the mind. Therefore the mind is subtler than the atom. That which is behind the mind, namely the individual soul, is subtler than the mind. -Ramana |
Knarfia User ID: 47434710 United States 10/18/2013 01:04 PM Report Abusive Post Report Copyright Violation | Re: Surprise! Debt-ceiling deal gives Obama a blank check: Loophole will allow government to spend WITHOUT LIMIT until February Hello, everyone. Longtime lurker. Something in the milk ain't clean here, that's for sure. However, from what I gather, it is congress that controls the spending, is that not correct? I'm just putting that out there for those of you who are still convinced the GOP is any less evil that the Dems. Either way, it doesn't seem to matter- they clearly have one agenda, whatever that may be. |
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Saddletramp User ID: 1052341 Puerto Rico 10/18/2013 01:19 PM Report Abusive Post Report Copyright Violation | Re: Surprise! Debt-ceiling deal gives Obama a blank check: Loophole will allow government to spend WITHOUT LIMIT until February there is only ONE logical conclusion to all of this madness: they are purposely trying to detonate the economy. There is simply No Way Out. Quoting: Stu We already passed the Event Horizon. Yeah but if they were going to detonate the economy that way, all they had to do was continue the shutdown and default... What do you think it could be, ST? Another war? It seems to me, they know it's all over soon. Otherwise, they wouldn't have drained all those feds' pension funds before going into shutdown/default debate mode. Maybe, they thought whatever it is, was coming before we reached this point. The Syria thing could have been it, but Putin killed that. They could have easily gotten their blank check if that had happened, so I guess, slipping it in to the CR at the last minute under threat of default was the next best thing. Here are some of the scenario's I see as distinct possibilities on why the feel like they need an unlimited spending authority for the next four months... 1.) China is about to dump their U.S. Treasuries via the direct link they have with the Fed. This will cause a world wide panic and fire sale of U.S. Treasuries. 2.) Comet ISON...some global cataclysm involving the comet (I haven't really been on that bandwagon before, so I don't know the nuances, but this political theater, the rash of firings and resignations, it all puts me in mind of the movie "Deep Impact" and ELE) 3.) They expect some other economic trigger to happen, such as a large bank going under or something of that nature. 4.) They are preparing for some false flag event that will bring in Martial Law, if so, expect that false flag in FEMA Region III. If anyone else has any theories I think we should discuss all comers on this deal... "And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius "Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..." "We don't rent pigs!" |
Saddletramp User ID: 1052341 Puerto Rico 10/18/2013 01:21 PM Report Abusive Post Report Copyright Violation | Re: Surprise! Debt-ceiling deal gives Obama a blank check: Loophole will allow government to spend WITHOUT LIMIT until February ... Quoting: Saddletramp Yeah but if they were going to detonate the economy that way, all they had to do was continue the shutdown and default... its called acclimatation and conditioning...that is all. A controlled collapse if you will. Oh I've been saying for a long time it will be a controlled demolition.. I dunno, it sure could be a way to hyperinflate the system and destroy the dollar. Another thing to consider, what if they need unlimited borrowing authority to buy back all of China's Treasuries through their direct link with the FED?!?!? the Fed cannot continue to monetize unless the debt is expanding. If the budget is cut and the deficit is scaled back then outstanding Treasury sales must decrease. But that would collapse asset prices. So they're boxed in a corner. Deflation (which is naturally healing) will not be allowed under any circumstances. Yes, I have also said before the Fed needs to dump a large amount of "Negative Capital" from the sale of MBS and Treasuries (since the yield has been going up) onto the Treasury in the form of a "Negative Interest Deposit"... That could be hundreds of billions of dollars... Basically, the Fed needs to re-capitalize itself with our debt!!! "And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius "Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..." "We don't rent pigs!" |
Saddletramp User ID: 1052341 Puerto Rico 10/18/2013 01:25 PM Report Abusive Post Report Copyright Violation | Re: Surprise! Debt-ceiling deal gives Obama a blank check: Loophole will allow government to spend WITHOUT LIMIT until February Another interesting deal, this bill originated in the Senate...I was under the assumption that was illegal, I thought these budget deals had to originate in the House and then go through the Senate. I could be wrong on that, it might just be tax bills, but I thought I remembered something from Civics class about that... "And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius "Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..." "We don't rent pigs!" |
Resister User ID: 36421936 United States 10/18/2013 01:36 PM Report Abusive Post Report Copyright Violation | Re: Surprise! Debt-ceiling deal gives Obama a blank check: Loophole will allow government to spend WITHOUT LIMIT until February there is only ONE logical conclusion to all of this madness: they are purposely trying to detonate the economy. There is simply No Way Out. Quoting: Stu We already passed the Event Horizon. Yeah but if they were going to detonate the economy that way, all they had to do was continue the shutdown and default... That would directly implicate them and then everyone in the country would go medieval on Washington DC. They have screwed up the false flags and bumbled around long enough that the debt monsters they created has them trapped as well and are trying to find a way out that doesn’t involve their own heads winding up on pikes. "God forbid we should ever be 20 years without such a rebellion. The people cannot be all, & always, well informed... If they remain quiet under such misconceptions it is a lethargy, the forerunner of death to the public liberty... Let them take arms... What signify a few lives lost in a century or two? The tree of liberty must be refreshed from time to time with the blood of patriots & tyrants. " - Thomas Jefferson in 1787 |