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US Debt Ceiling - is this why Obama's trying to provoke Russia/China to WW3?

 
Tess2012

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04/24/2014 06:11 AM

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US Debt Ceiling - is this why Obama's trying to provoke Russia/China to WW3?
Government likely to exhaust debt-ceiling options soon, Lew warns

"...As soon as March 14, according to the BPC’s analysis, the government could be within $5 billion of default — “even under a very optimistic scenario.” The BPC calculates that a typical day’s spending in March will be about $10 billion. As a result, the government could run out of funds “on or in the days before March 14.”

About the same time, Treasury will be required to make sizable payments to Medicare providers and bondholders, and write big checks to active-duty soldiers, veterans and Social Security recipients. For instance, $26 billion in Social Security checks is set to go out March 3, followed by an additional $12 billion on March 12."

[link to www.washingtonpost.com]

On Wednesday Obama deliberately provoked the Chinese, telling the Japanese they would protect them against any Chinese attempt to take their disputed islands. Today he's threatened Russia over Ukraine, at the same time moving US troops into Poland...

Looking for a major war to divert from the financial armageddon that's coming?
As I've grown older I've learnt that pleasing everyone is impossible, but pissing people off is a piece of cake.
Anonymous Coward
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Netherlands
04/24/2014 06:21 AM
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Re: US Debt Ceiling - is this why Obama's trying to provoke Russia/China to WW3?
You cannot reset a bankrupt system without a war. Or can you
Anonymous Coward
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04/24/2014 06:28 AM
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Re: US Debt Ceiling - is this why Obama's trying to provoke Russia/China to WW3?
You cannot reset a bankrupt system without a war. Or can you
 Quoting: Anonymous Coward 6458701


No you can ( Just pull my finger
pool
Netizen Ribbonmind

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04/24/2014 06:34 AM

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Re: US Debt Ceiling - is this why Obama's trying to provoke Russia/China to WW3?
Obama looks like a running puppet in tactics, sloppy, unconvincing, wrong direction...
"The earth is mother of us all, for she is just; but you, because you are unjust have pretended that she is your mother alone; and if you do not stop, I will not permit you to remain upon her."

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pmb1

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04/24/2014 06:42 AM

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Re: US Debt Ceiling - is this why Obama's trying to provoke Russia/China to WW3?
Obama couldn't handle a group of kindergarten children for 6 months straight how the hell do you expect for him to run the country??? The man is worse then retarded I do believe that he is brain dead.
Anonymous Coward
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04/24/2014 06:43 AM
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Re: US Debt Ceiling - is this why Obama's trying to provoke Russia/China to WW3?
Yes...but here's an "innocent" explanation for the insanity

Thread: Orlov: Breathtaking incompetence of the Kerry State Department

Anonymous Coward
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04/24/2014 06:50 AM
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Re: US Debt Ceiling - is this why Obama's trying to provoke Russia/China to WW3?
You cannot reset a bankrupt system without a war. Or can you
 Quoting: Anonymous Coward 6458701


Dumerika is a rabid dog in the late stage of the disease.



Stay away.

We're dying, but we're contagious. We have a disease you definitely do NOT want to catch.
fcpsp1

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04/24/2014 07:23 AM
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Re: US Debt Ceiling - is this why Obama's trying to provoke Russia/China to WW3?
Obama couldn't handle a group of kindergarten children for 6 months straight how the hell do you expect for him to run the country??? The man is worse then retarded I do believe that he is brain dead.
 Quoting: pmb1


Actually, I respectfully disagree. I think he knows exactly what he is doing. This is all according to plan. He is just feigning incompetence.
Flaming Arrow

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04/24/2014 07:28 AM

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Re: US Debt Ceiling - is this why Obama's trying to provoke Russia/China to WW3?
I havent been near a city in years and years but I remember going thru some of them and thinking, All those giant sky scrapers are filled with thousands of people who do nothing but send out bills.
Not one of them sticks a shovel in the ground, hammers a nail into a piece of wood, or turns a wrench.
They simply just send out bills to the people who do.
The same goes for the Goobermint. They really do nothing but send out bills. There's no way it can go on for much longer.
Too few supporting too many and too much.
Tess2012 (OP)

User ID: 18897868
04/24/2014 07:40 AM

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Re: US Debt Ceiling - is this why Obama's trying to provoke Russia/China to WW3?
If the current suspension is not extended or if a higher debt limit is not specified in law before February 8, 2014, beginning on that date the Treasury will have no room to borrow under standard operating procedures. Therefore, to avoid a breach of the ceiling, the Treasury would begin employing its well-established toolbox of so-called extraordinary measures to allow continued borrowing for a limited time.

CBO projects that those measures would probably be exhausted in March. However, the timing and magnitude of tax refunds and receipts in February, March, and April could shift that date of exhaustion into May or June.

[link to www.washingtonpost.com]

Been trying to find up to date links about this but there's absolutely nothing, anywhere. Zero info about it. I can't believe it's just gone away..
As I've grown older I've learnt that pleasing everyone is impossible, but pissing people off is a piece of cake.
gebahie

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04/24/2014 07:42 AM

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Re: US Debt Ceiling - is this why Obama's trying to provoke Russia/China to WW3?
If you guys are going to start tossing Nuke's around you'd better not scratch my car.

Last Edited by gebahie on 04/24/2014 07:42 AM
WhatsItAllAbout Alfie
bored guy Colt 45 Malt Liquor

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04/24/2014 07:50 AM

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Re: US Debt Ceiling - is this why Obama's trying to provoke Russia/China to WW3?
If you guys are going to start tossing Nuke's around you'd better not scratch my car.
 Quoting: gebahie


gasp
gomeroski

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04/24/2014 08:08 AM
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Re: US Debt Ceiling - is this why Obama's trying to provoke Russia/China to WW3?
Obama couldn't handle a group of kindergarten children for 6 months straight how the hell do you expect for him to run the country??? The man is worse then retarded I do believe that he is brain dead.
 Quoting: pmb1


Actually, I respectfully disagree. I think he knows exactly what he is doing. This is all according to plan. He is just feigning incompetence.
 Quoting: fcpsp1


He's not smart enough to feign incompetence.
Anonymous Coward
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United States
04/24/2014 08:12 AM
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Re: US Debt Ceiling - is this why Obama's trying to provoke Russia/China to WW3?
I havent been near a city in years and years but I remember going thru some of them and thinking, All those giant sky scrapers are filled with thousands of people who do nothing but send out bills.
Not one of them sticks a shovel in the ground, hammers a nail into a piece of wood, or turns a wrench.
They simply just send out bills to the people who do.
The same goes for the Goobermint. They really do nothing but send out bills. There's no way it can go on for much longer.
Too few supporting too many and too much.
 Quoting: Flaming Arrow


Indeed
--Voltaic--

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04/24/2014 08:14 AM

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Re: US Debt Ceiling - is this why Obama's trying to provoke Russia/China to WW3?
Well, the final nail in the US coffin has been set.

All you can do is wait for the collapse.

Russia AND China are trading energy in currency OTHER THEN the petro-dollar.

This, the Petro-Dollar, is what powered America to superpower status.

Those days are over now. Unless some how the US figures out how to prevent Russia from backing out of the NWO plan.
Do your absolute best and the rest is fate.
Anonymous Coward
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United Kingdom
04/24/2014 08:18 AM
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Re: US Debt Ceiling - is this why Obama's trying to provoke Russia/China to WW3?
The only reason O'bummer want a to start a war is because he has not received his pay day from the armaments companies in the USA yet.

He's seen the cash that Bush, Clinton and others have raked in during conflicts and wants his piece of the action.

whatever
Anonymous Coward
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04/24/2014 08:22 AM
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Re: US Debt Ceiling - is this why Obama's trying to provoke Russia/China to WW3?
One thing for sure is that the Federal Reserve (free money generator) can't last forever.
071676

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04/24/2014 08:33 AM
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Re: US Debt Ceiling - is this why Obama's trying to provoke Russia/China to WW3?
Obama couldn't handle a group of kindergarten children for 6 months straight how the hell do you expect for him to run the country??? The man is worse then retarded I do believe that he is brain dead.
 Quoting: pmb1


Actually, I respectfully disagree. I think he knows exactly what he is doing. This is all according to plan. He is just feigning incompetence.
 Quoting: fcpsp1





I agree that he is doing exactly as he was trained to do, but I do not think that he is smart enough to be able to do it on his own. He has his trainer/guardian Jarrett standing over him making sure that he still follows the guideline he is required to follow.

I do not believe that the NWO has quite gotten totally involved yet with the US politics. I believe that they are sitting back and waiting, and watching to see what kind of backlash will come out of the Obama debatacle. If the US continues in it's self destruction mode, then the NWO will step in as planned. If America finally wakes up and realises just how much the US had been destroyed, and casts off the Progressive Liberalism that has gripped the nation, the NWO will back off again, waiting for another opening they can exploit.
Anonymous Coward
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04/24/2014 08:59 AM
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Re: US Debt Ceiling - is this why Obama's trying to provoke Russia/China to WW3?
If the current suspension is not extended or if a higher debt limit is not specified in law before February 8, 2014, beginning on that date the Treasury will have no room to borrow under standard operating procedures. Therefore, to avoid a breach of the ceiling, the Treasury would begin employing its well-established toolbox of so-called extraordinary measures to allow continued borrowing for a limited time.

CBO projects that those measures would probably be exhausted in March. However, the timing and magnitude of tax refunds and receipts in February, March, and April could shift that date of exhaustion into May or June.

[link to www.washingtonpost.com]

Been trying to find up to date links about this but there's absolutely nothing, anywhere. Zero info about it. I can't believe it's just gone away..
 Quoting: Tess2012

bsmeter


I was sure that the suspension of the debt ceiling was extended until March 2015.

Oh, yeah, it was:

[link to www.heritage.org]

[link to online.wsj.com]

Fearmonger much? We're like a year out and you're trying to pass off like they didn't "resolve" the issue back in February, when they suspended the debt ceiling. You're reading / posting from an article that was written in the beginning of February, before the suspension. Why don't you research about current events? You would have seen this was "resolved," for a lack of a better term.
Tess2012 (OP)

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04/24/2014 09:10 AM

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Re: US Debt Ceiling - is this why Obama's trying to provoke Russia/China to WW3?
If the current suspension is not extended or if a higher debt limit is not specified in law before February 8, 2014, beginning on that date the Treasury will have no room to borrow under standard operating procedures. Therefore, to avoid a breach of the ceiling, the Treasury would begin employing its well-established toolbox of so-called extraordinary measures to allow continued borrowing for a limited time.

CBO projects that those measures would probably be exhausted in March. However, the timing and magnitude of tax refunds and receipts in February, March, and April could shift that date of exhaustion into May or June.

[link to www.washingtonpost.com]

Been trying to find up to date links about this but there's absolutely nothing, anywhere. Zero info about it. I can't believe it's just gone away..
 Quoting: Tess2012

bsmeter


I was sure that the suspension of the debt ceiling was extended until March 2015.

Oh, yeah, it was:

[link to www.heritage.org]

[link to online.wsj.com]

Fearmonger much? We're like a year out and you're trying to pass off like they didn't "resolve" the issue back in February, when they suspended the debt ceiling. You're reading / posting from an article that was written in the beginning of February, before the suspension. Why don't you research about current events? You would have seen this was "resolved," for a lack of a better term.
 Quoting: Anonymous Coward 36389613


Right - it's resolved then. That's good. Silly me.

sheep
As I've grown older I've learnt that pleasing everyone is impossible, but pissing people off is a piece of cake.
Anonymous Coward
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04/24/2014 09:20 AM
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Re: US Debt Ceiling - is this why Obama's trying to provoke Russia/China to WW3?
And ASSHOLE Jeb Bush has announced that he will accept the Republican nomination for president in 2016??? Man,I hope that Russia and China tear this place to fucking shreds!
Anonymous Coward
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04/24/2014 09:20 AM
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Re: US Debt Ceiling - is this why Obama's trying to provoke Russia/China to WW3?
If the current suspension is not extended or if a higher debt limit is not specified in law before February 8, 2014, beginning on that date the Treasury will have no room to borrow under standard operating procedures. Therefore, to avoid a breach of the ceiling, the Treasury would begin employing its well-established toolbox of so-called extraordinary measures to allow continued borrowing for a limited time.

CBO projects that those measures would probably be exhausted in March. However, the timing and magnitude of tax refunds and receipts in February, March, and April could shift that date of exhaustion into May or June.

[link to www.washingtonpost.com]

Been trying to find up to date links about this but there's absolutely nothing, anywhere. Zero info about it. I can't believe it's just gone away..
 Quoting: Tess2012

bsmeter


I was sure that the suspension of the debt ceiling was extended until March 2015.

Oh, yeah, it was:

[link to www.heritage.org]

[link to online.wsj.com]

Fearmonger much? We're like a year out and you're trying to pass off like they didn't "resolve" the issue back in February, when they suspended the debt ceiling. You're reading / posting from an article that was written in the beginning of February, before the suspension. Why don't you research about current events? You would have seen this was "resolved," for a lack of a better term.
 Quoting: Anonymous Coward 36389613


Right - it's resolved then. That's good. Silly me.

sheep
 Quoting: Tess2012


So FEDGOV can just keep borrowing and spending without limit until 2015.

Okay, cool.

So what happens on March 2015?
Arete11

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04/24/2014 09:53 AM

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Re: US Debt Ceiling - is this why Obama's trying to provoke Russia/China to WW3?
Texe Marrs
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I have just finished months of grueling but exciting research into the shadowy but tremendously important spiritual and temporal (material) connection between three world powers, China, the United States, and Israel. Unbeknown to the average man on the street, Satan’s human agents who comprise the Illuminati elite are actively organizing the Earth’s resources to engineer a final assault on man’s freedom and independence. These three nations are at the center of the Illuminati Plan.

I discovered that China, in the span of less than four decades, has been transformed into a Colossus of Evil unparalleled in the annals of mankind. China’s banks—HSBC, Bank of China, and others, in concert with Rothschild’s JP Morgan Chase Bank, rule the precious metals markets—gold, silver, platinum, etc. Its petroleum corporations, in a brief ten year period, have grown and vaulted over western oil combines like Chevron, Shell, and BP that have operated in the global markets for over a century.

Moreover, Goldman Sachs, Morgan Stanley and other western banks have cooperated with the tyrants in Beijing and have constructed over 100,000 huge warehouses located throughout Red China. These warehouses are brimming with stores of expensive materials—wood and lumber, aluminum, iron ore, steel, tin, concrete, brick, glass, tractors, earth-moving equipment, tools. The list is endless.
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What is your agenda? Here's mine...
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Anonymous Coward
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04/24/2014 09:57 AM
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Re: US Debt Ceiling - is this why Obama's trying to provoke Russia/China to WW3?
Government likely to exhaust debt-ceiling options soon, Lew warns

"...As soon as March 14, according to the BPC’s analysis, the government could be within $5 billion of default — “even under a very optimistic scenario.” The BPC calculates that a typical day’s spending in March will be about $10 billion. As a result, the government could run out of funds “on or in the days before March 14.”

About the same time, Treasury will be required to make sizable payments to Medicare providers and bondholders, and write big checks to active-duty soldiers, veterans and Social Security recipients. For instance, $26 billion in Social Security checks is set to go out March 3, followed by an additional $12 billion on March 12."

[link to www.washingtonpost.com]

On Wednesday Obama deliberately provoked the Chinese, telling the Japanese they would protect them against any Chinese attempt to take their disputed islands. Today he's threatened Russia over Ukraine, at the same time moving US troops into Poland...

Looking for a major war to divert from the financial armageddon that's coming?
 Quoting: Tess2012


Let's not forget paying the bums on ebt and welfare and other entitlements they feel they deserve for sitting around the house all day.
Anonymous Coward
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04/24/2014 09:59 AM
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Re: US Debt Ceiling - is this why Obama's trying to provoke Russia/China to WW3?
I dont think it's the debt ceiling, but it might be the threat to the dollar's status as the global reserve currency and the general petrodollar system.

The debt ceiling itself is not a very meaningful metric. However the shit really will hit the fan for the US if the petrodollar system breaks down. Actually it is already breaking down, so in all likelihood this is a stopgap "panic reaction".
Chugiakian

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04/24/2014 10:26 AM

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Re: US Debt Ceiling - is this why Obama's trying to provoke Russia/China to WW3?
If you guys are going to start tossing Nuke's around you'd better not scratch my car.
 Quoting: gebahie


gasp
 Quoting: WhatsItAllAbout Alfie




[link to www.youtube.com (secure)]
Chugiakian
Anonymous Coward
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04/24/2014 10:28 AM
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Re: US Debt Ceiling - is this why Obama's trying to provoke Russia/China to WW3?
You cannot reset a bankrupt system without a war. Or can you
 Quoting: Anonymous Coward 6458701


hesright
telling it straight

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04/24/2014 10:48 AM

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Re: US Debt Ceiling - is this why Obama's trying to provoke Russia/China to WW3?
He's just following the script given to him. All part of the plan.
Anonymous Coward
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04/24/2014 10:48 AM
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Re: US Debt Ceiling - is this why Obama's trying to provoke Russia/China to WW3?
You cannot reset a bankrupt system without a war. Or can you
 Quoting: Anonymous Coward 6458701


YES you can!

Simply forgive ALL debt.

ALL debt - Government, Business, You & Me too.

All of it - reset back to ZERO.

Complete reboot.

and hang the fuck on...
Anonymous Coward
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04/24/2014 10:59 AM
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Re: US Debt Ceiling - is this why Obama's trying to provoke Russia/China to WW3?
Get ready for gas& food lines and rioting.

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TailDragger

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04/24/2014 11:45 AM
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Re: US Debt Ceiling - is this why Obama's trying to provoke Russia/China to WW3?
NM Brain fart.

Last Edited by TailDragger on 04/24/2014 11:47 AM
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