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U.S. to suspend pension, retirement funding: Lew!!! Senate to vote at 1:30 PM EST on debt ceiling!!!

 
Anonymous Coward
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02/10/2014 04:07 PM
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Re: U.S. to suspend pension, retirement funding: Lew!!! Senate to vote at 1:30 PM EST on debt ceiling!!!
It must be time for another obama vacation. Hurry get it in before spring break otherwise you'll have to take the kids and dog.
No More Lies

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02/10/2014 04:07 PM

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Re: U.S. to suspend pension, retirement funding: Lew!!! Senate to vote at 1:30 PM EST on debt ceiling!!!
Business Insider ‏@businessinsider · 1 h
The Next 24 Hours May Be Critical For The Debt Ceiling [link to read.bi]


 Quoting: Luisport


I think the Fed needs to take a month of QE, @ $85 Billion, and divide it up between ever American Citizen. Then we would all get @ $200 Million each ... after taxes.
Then I could move ...
 Quoting: RedWhiteandBrew


I need smaller fingers...
 Quoting: RedWhiteandBrew


let's just split it amongst GLPers!

5a
*Evan

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02/10/2014 04:08 PM
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Re: U.S. to suspend pension, retirement funding: Lew!!! Senate to vote at 1:30 PM EST on debt ceiling!!!
:WTF33:

Ever heard of spending less?

Fucking idiots.
 Quoting: AlcoholicRunner


Common sense is not an option for these retards.

Plus they don't want to fix the financial mess......
Mr. Toppit

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02/10/2014 04:12 PM
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Re: U.S. to suspend pension, retirement funding: Lew!!! Senate to vote at 1:30 PM EST on debt ceiling!!!
The good news is they cut food stamps. The bad news they don't have the money to provide food stamps anymore.

Please leave your name and address. The MREs are in the mail.
Uncle X
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02/10/2014 04:13 PM
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Re: U.S. to suspend pension, retirement funding: Lew!!! Senate to vote at 1:30 PM EST on debt ceiling!!!
:debtceilingcat10:
 Quoting: M*walk


very good!
Anonymous Coward
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02/10/2014 04:16 PM
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Re: U.S. to suspend pension, retirement funding: Lew!!! Senate to vote at 1:30 PM EST on debt ceiling!!!
this is stealing from the American people. I dont get it.
 Quoting: Nautica


Exactly right - YOU DON'T GET IT! That is you don't get the obligated retirement funding into those account's.

If anyone thinks for one minute that any politician cares about this then your wrong!

I really wonder what the breaking point is for the American people before they throw all of the elected representatives out on their asses........

resist
Oh Kay

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02/10/2014 04:18 PM
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Re: U.S. to suspend pension, retirement funding: Lew!!! Senate to vote at 1:30 PM EST on debt ceiling!!!
The government debt/spending problem is so easy to cure even a child can fix it with basic math.
krinkfan

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02/10/2014 04:22 PM
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Re: U.S. to suspend pension, retirement funding: Lew!!! Senate to vote at 1:30 PM EST on debt ceiling!!!
I really do not understand how anyone can read the OP (or the article) and not see that this whole system is going to crash down. Hard. (talking about people I know in person, not anyone specifically on this site).
 Quoting: Anonymous Coward 2822082


to answer your question;

[link to en.wikipedia.org]

The normalcy bias, or normality bias, refers to a mental state people enter when facing a disaster. It causes people to underestimate both the possibility of a disaster occurring and its possible effects. This often results in situations where people fail to adequately prepare for a disaster, and on a larger scale, the failure of governments to include the populace in its disaster preparations. The assumption that is made in the case of the normalcy bias is that since a disaster never has occurred then it never will occur. It also results in the inability of people to cope with a disaster once it occurs. People with a normalcy bias have difficulties reacting to something they have not experienced before. People also tend to interpret warnings in the most optimistic way possible, seizing on any ambiguities to infer a less serious situation.
"the thin veneer of civilization that we all take for granted every day is starting to rapidly disappear."
Eggcellent
Re-Instate Smith-Mundt!

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02/10/2014 04:22 PM
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Re: U.S. to suspend pension, retirement funding: Lew!!! Senate to vote at 1:30 PM EST on debt ceiling!!!
WASHINGTON (MarketWatch) -- Treasury Secretary Jacob Lew told Congressional leaders Monday that he is taking two extraordinary measures to avoid hitting the debt limit. In a letter, Lew said he will suspend debt issuance for the Civil Service Retirement and Disability Fund and not invest fully in the Government Securities Investment Fund of the Federal Employees' Retirment System. Lew said that the actions were taken "during previous debt-limit impasses," and that both funds "will be made whole once the debt limit is increased." Federal retirees and employees will be unaffected by these actions, he said. [link to www.marketwatch.com]
 Quoting: Luisport


elephantcrap........fan1
 Quoting: BattlesightZero




LOL! I doubt that Obama would even qualify for THIS job!!
"I have come to the conclusion that all news should be treated like 9/11, assume it is a psyop with actors participating in a staged event complete with props, until proven otherwise, in which case assume whatever is being recorded, reported, televised, is distortions/lying by omission/outright lies, until proven otherwise." - Anonymous, 4-13-12
waterlily

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02/10/2014 04:33 PM
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Re: U.S. to suspend pension, retirement funding: Lew!!! Senate to vote at 1:30 PM EST on debt ceiling!!!
:WTF33:

Ever heard of spending less?

Fucking idiots.
 Quoting: AlcoholicRunner


What kind of crazy idea is that?

It takes a lot of money to keep a government on the road. Surely you should know that by now.
*********** WaterLily ***********
" Do I dare
Disturb the universe?"
-- T. S. Elliot, Love Song of J. Alfred Prufrock

*************************************
“We are as ignorant of the meaning of the dragon as we are of the meaning of the universe.”
-- Jorge Luis Borges
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
"Pompey made his preparations for the war at the end of the winter, entered upon it at the commencement of spring,
and finished it in the middle of the summer."
-- Cicero, De Imperio Cn. Pompei
Anonymous Coward
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02/10/2014 04:33 PM
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Re: U.S. to suspend pension, retirement funding: Lew!!! Senate to vote at 1:30 PM EST on debt ceiling!!!
:WTF33:

Ever heard of spending less?

Fucking idiots.
 Quoting: AlcoholicRunner


Heaven forbid they spend less! That would revert us back to our archaic, third world ways. It's not my money, so I can spend it all I want.

That's Washington's mindset.
Anonymous Coward
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02/10/2014 04:33 PM
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Re: U.S. to suspend pension, retirement funding: Lew!!! Senate to vote at 1:30 PM EST on debt ceiling!!!
I thought that the last debt ceiling crisis enabled the government to raise the ceiling as it needed without a vote?


If you have to vote on raising it every 3 months and you continue to do so, it gets old fast.


No wonder no one pays attention to stuff.
Anonymous Coward
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02/10/2014 04:39 PM
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Re: U.S. to suspend pension, retirement funding: Lew!!! Senate to vote at 1:30 PM EST on debt ceiling!!!
:WTF33:

Ever heard of spending less?

Fucking idiots.
 Quoting: AlcoholicRunner


Well... They... ARE!!!

They'll continue to fund the war on ... America.

...and the world.

...while they cut spending on you and me! See! Magic! Debt limit fixed.
Anonymous Coward
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02/10/2014 04:43 PM
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Re: U.S. to suspend pension, retirement funding: Lew!!! Senate to vote at 1:30 PM EST on debt ceiling!!!
Great thread, social security is going offline this weekend for 62 hours as well. Something is going down.
C4G3

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02/10/2014 04:50 PM
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Re: U.S. to suspend pension, retirement funding: Lew!!! Senate to vote at 1:30 PM EST on debt ceiling!!!
It must be time for another obama vacation. Hurry get it in before spring break otherwise you'll have to take the kids and dog.
 Quoting: Anonymous Coward 36256663


thats ok, they will just fly the others as needed at our expense. what's another 100K!!! It only takes a few minutes to print it. Remember as they print the money they are actually reaching into your pocket and taking a little bit from ya each day. (INFLATION) automatic debit from our pockets.
- It does not take a majority to prevail... but rather an irate, tireless minority, keen on setting brush fires of freedom in the minds of men.
- The liberties of our country, the freedom of our civil constitution, are worth defending against all hazards: And it is our duty to defend them against all attacks.
- Samuel Adams -

"When injustice becomes law resistance becomes duty."
- Thomas Jefferson -
krinkfan

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02/10/2014 04:55 PM
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Re: U.S. to suspend pension, retirement funding: Lew!!! Senate to vote at 1:30 PM EST on debt ceiling!!!
this is the way i see the end going down...

up til now TBTP either engineer a crisis or allow one to fester.

in the 11th hour they swoop in and fix the problem and advert the crisis.

what i think you will see is that someday one of these manufactured problems will not get solved. or one of these will be allowed to continue the downward spiral. like the topic of the QE taper. if you see the FED continue down the road of taper even in the face of doom, you know the plug is getting pulled and they are going to drain the swap.

right now everyone things the FED has to crank up the print machine and they might but i am saying if they stay on target, what the fuck out.
"the thin veneer of civilization that we all take for granted every day is starting to rapidly disappear."
Anonymous Coward
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02/10/2014 04:56 PM
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Re: U.S. to suspend pension, retirement funding: Lew!!! Senate to vote at 1:30 PM EST on debt ceiling!!!
WASHINGTON (MarketWatch) -- Treasury Secretary Jacob Lew told Congressional leaders Monday that he is taking two extraordinary measures to avoid hitting the debt limit. In a letter, Lew said he will suspend debt issuance for the Civil Service Retirement and Disability Fund and not invest fully in the Government Securities Investment Fund of the Federal Employees' Retirment System. Lew said that the actions were taken "during previous debt-limit impasses," and that both funds "will be made whole once the debt limit is increased." Federal retirees and employees will be unaffected by these actions, he said. [link to www.marketwatch.com]
 Quoting: Luisport


Feb 17 is celebration of President's Day..all Gov't offices closed...

Sounds like a perfect time for a Bank Holiday...Closed til Feb 24th to institute new currency
Anonymous Coward
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02/10/2014 04:59 PM
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Re: U.S. to suspend pension, retirement funding: Lew!!! Senate to vote at 1:30 PM EST on debt ceiling!!!
God what a bunch of fucking comical theater.
MisfitToy

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02/10/2014 05:03 PM
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Re: U.S. to suspend pension, retirement funding: Lew!!! Senate to vote at 1:30 PM EST on debt ceiling!!!
I really do not understand how anyone can read the OP (or the article) and not see that this whole system is going to crash down. Hard. (talking about people I know in person, not anyone specifically on this site).
 Quoting: Anonymous Coward 2822082


to answer your question;

[link to en.wikipedia.org]

The normalcy bias, or normality bias, refers to a mental state people enter when facing a disaster. It causes people to underestimate both the possibility of a disaster occurring and its possible effects. This often results in situations where people fail to adequately prepare for a disaster, and on a larger scale, the failure of governments to include the populace in its disaster preparations. The assumption that is made in the case of the normalcy bias is that since a disaster never has occurred then it never will occur. It also results in the inability of people to cope with a disaster once it occurs. People with a normalcy bias have difficulties reacting to something they have not experienced before. People also tend to interpret warnings in the most optimistic way possible, seizing on any ambiguities to infer a less serious situation.
 Quoting: krinkfan


very interesting
were listening
MisfitToy
Anonymous Coward
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02/10/2014 05:12 PM
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Re: U.S. to suspend pension, retirement funding: Lew!!! Senate to vote at 1:30 PM EST on debt ceiling!!!
America is done!

Thread: Breaking: Holy Shit, China just dumped all US bonds and closed the China sea... war is on!

US In “Shock And Turmoil” After Snowden Info Lets Russia Tap Top Obama Officials

Russian technological experts with the FSB have been able to “surreptitiously link” to every form of communication emanating from the Joint Worldwide Intelligence Communications System (JWICS).
JWICS is a system of interconnected computer networks primarily used by the United States Department of Defense, United States Department of State, United States Department of Homeland Security and the United States Department of Justice to transmit classified information by packet switching over TCP/IP in a secure environment and is administered by the Defense Intelligence Agency.
And in what can only be described as “farce meeting irony,” Obama’s White House, though not directly blaming Russia for the catastrophic leak of Nuland’s conversation, is nevertheless “crying foul”…and this coming from a government that by all measures and accounts has become one of the largest spying nations in the entire history of the world.
[link to www.thetotalcollapse.com]

Obama took a Prozac overdose:
Thread: Was obama high as fuck during his speach tonight??
 Quoting: Anonymous Coward 35022781


U.S. Ambassador to Russia Michael McFaul says he's had multiple private conversations recorded by the Russian government.
[link to www.kyivpost.com]

This is another confirmation that America has no secrets to Russia! Game over!
 Quoting: Anonymous Coward 54178921
Anonymous Coward
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02/10/2014 05:16 PM
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Re: U.S. to suspend pension, retirement funding: Lew!!! Senate to vote at 1:30 PM EST on debt ceiling!!!
:WTF33:

Ever heard of spending less?

Fucking idiots.
 Quoting: AlcoholicRunner


Oh that would be just for us they don't need a budget
Anonymous Coward
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02/10/2014 05:17 PM
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Re: U.S. to suspend pension, retirement funding: Lew!!! Senate to vote at 1:30 PM EST on debt ceiling!!!
When they get to this point the first thing to restrict is is pay and benefits payed to congress and the whitehouse. Next the congress and whitehouse should start paying back the taxpayer for their failure. Still no responsible feds?, round em up for fema camp life.
Anonymous Coward
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02/10/2014 05:20 PM
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Re: U.S. to suspend pension, retirement funding: Lew!!! Senate to vote at 1:30 PM EST on debt ceiling!!!
bump
Epic Beard Guy

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02/10/2014 05:32 PM
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Re: U.S. to suspend pension, retirement funding: Lew!!! Senate to vote at 1:30 PM EST on debt ceiling!!!
Roll Call ‏@rollcall · 4 h
House GOP to Huddle Today on Debt Ceiling Strategy [link to roll.cl] via @Emma_Dumain #alert
 Quoting: Luisport


Here's the GOP stategy: Let's piss off as many people as possible, then cave, and give the libtards everything they wanted! Then let's try to stop the TEA party from crashing the party!
Hope for the best, but prepare for the worst.
"America is at that awkward stage. It's too late to work within the system, but too early to shoot the bastards." -- Claire Wolfe
Anonymous Coward
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02/10/2014 05:34 PM
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Re: U.S. to suspend pension, retirement funding: Lew!!! Senate to vote at 1:30 PM EST on debt ceiling!!!
Prostitution is a hallmark of a failed country:

Greece
[link to www.godlikeproductions.com]

Spain
Thread: Spain, prostitution, drug trafficking and smuggling in GDP in 2014

Canada
[link to www.godlikeproductions.com]
[link to www.godlikeproductions.com]

US
Thread: Prostitution in a Post-Collapse Society
Anonymous Coward
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02/10/2014 05:35 PM
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Re: U.S. to suspend pension, retirement funding: Lew!!! Senate to vote at 1:30 PM EST on debt ceiling!!!
WASHINGTON (MarketWatch) -- Treasury Secretary Jacob Lew told Congressional leaders Monday that he is taking two extraordinary measures to avoid hitting the debt limit. In a letter, Lew said he will suspend debt issuance for the Civil Service Retirement and Disability Fund and not invest fully in the Government Securities Investment Fund of the Federal Employees' Retirment System. Lew said that the actions were taken "during previous debt-limit impasses," and that both funds "will be made whole once the debt limit is increased." Federal retirees and employees will be unaffected by these actions, he said. [link to www.marketwatch.com]
 Quoting: Luisport


Correct me if im wrong. . . Is thiS the same as like alcoholic putting of till the morning to kill a galon of vodka. . .just because today he is trying to controll his addiction?
Corn Dog

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02/10/2014 05:36 PM

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Re: U.S. to suspend pension, retirement funding: Lew!!! Senate to vote at 1:30 PM EST on debt ceiling!!!
I thought that the last debt ceiling crisis enabled the government to raise the ceiling as it needed without a vote?


If you have to vote on raising it every 3 months and you continue to do so, it gets old fast.


No wonder no one pays attention to stuff.
 Quoting: Anonymous Coward 54171212

hesright

And that is what they want. They played this game so many times that most have tuned out, now they can do what they want cause no one is paying attention.
MONSTER
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02/10/2014 05:38 PM
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Re: U.S. to suspend pension, retirement funding: Lew!!! Senate to vote at 1:30 PM EST on debt ceiling!!!
They won't run out of money until all of ours is gone
 Quoting: Founders Fan

You got that one right
MONSTER
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02/10/2014 05:39 PM
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Re: U.S. to suspend pension, retirement funding: Lew!!! Senate to vote at 1:30 PM EST on debt ceiling!!!
Great post
<x>

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02/10/2014 05:41 PM
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Re: U.S. to suspend pension, retirement funding: Lew!!! Senate to vote at 1:30 PM EST on debt ceiling!!!
:WTF33:

Ever heard of spending less?

Fucking idiots.
 Quoting: AlcoholicRunner


herightrex

what's the point right ?

Every three months just raise the debt higher..

will it ever stop ?





GLP