U.S. Government "Shutdown"?

[AgeofKnowledge]

Not even close. Watch and learn:

[video=youtube_share;iRv9MjMpJho]http://youtu.be/iRv9MjMpJho[/video]

 

[Mammachickadee]

Now my husband is on furlough and the commissary is closed. lol

 

[PoxEclipse]

Continued shutdown, paralyzed politicians reveal just how close the U.S. government is to total collapse

(NaturalNews) Anyone looking for evidence of the impending total failure of the U.S. government need look no further than the shenanigans taking place right now in Washington D.C.

To summarize:

• As the nation hurtles toward an inevitable debt collapse, the Obama administration insists the answer is to pile on more debt by raising the debt ceiling. Anyone who disagrees with this is being characterized an "anarchist."

• Unless the debt ceiling is raised, the U.S. Treasury will default on hundreds of billions of dollars in debt obligations in less than a month. Such a default would absolutely wreck the credit worthiness of the USA, causing the future debt burden to start wildly multiplying in a runaway mathematical blowout that can only end in financial collapse.

• Obamacare, a broken system of coerced, unconstitutional health insurance mandates, is already causing widespread economic disaster across the country as tens of millions of people are losing their jobs, having their hours cut, or seeing their company-sponsored health plans cancelled. But the socialist philosophy of Obamacare is so central to the political left that they are viciously defending it at all costs. If Obamacare fails, the socialist fantasies of the left go down the drain with it, and they can't let that happen... not even if it means medically bankrupting millions of Americans thanks to the outrageously high costs of health insurance everyone is now forced to buy.

• As political leverage in all this, the federal government is supposedly "shut down," but the IRS is still collecting money, the TSA is still groping travelers at the airport, and billions of dollars in government waste is still accruing each week. To make the shut down appear worse, the Obama administration erected tall barriers around World War II veterans' memorials, desperately attempting to dramatize the shut down while blaming the Republicans. (This also shows the utter disrespect for American veterans who fought for the very freedoms Obama seems to enjoy destroying at every opportunity.)

• The mainstream media, ever the pathetic defenders of failed "hope and change" rhetoric, is still running interference for the Obama administration, pretending that all this is the fault of Republicans and that somehow Democrats had no part in any of it. The very idea that Republicans might want to negotiate a mutual agreement rather than bowing down to the destructive wrath of Obamacare is heavily and repeatedly criticized by the media. How dare you want to negotiate! Peasants don't negotiate with kings! They bow down and kiss feet!

You are watching the slow-motion collapse of the U.S. government

What you are witnessing here is the utter failure of the U.S. federal government -- a failure that may portend an even more sobering failure soon to come.

This is a government that has:

• Run out of money
• Run out of credibility
• Run out of ideas
• Run out of trust from the People
• Run out of excuses for its utter abandonment of law, justice and the will of the People

Maybe it's time that We the People ran them all out of Washington, eh? It's certainly clear to the American people at this point that virtually no one in Washington represents their interests anymore... the exceptions being a very small number of stoic defenders of fundamental freedom like Rand Paul and Ted Cruz. For their efforts to stand firm against the government steamrolling the entire economy into oblivion, they are being called "anarchists" by Sen. Majority Leader Harry Reid, an all-out wretched apologist for endless, cancerous growth of the institution of government.

What happens if 25 million federal paychecks suddenly stop?

As I'm watching all this, I can't help but wonder just how much more the American people are going to take before they fill the streets in protest. Or, even worse, what happens if the so-called "desperate measures" now being invoked by the Treasury can't hold out long enough and the entire system goes into financial default?

What happens in just one week across America if all the people dependent on government don't receive their paychecks? Imagine: 25 million full-time and part-time federal employees suddenly waking up and realizing there is no paycheck; there is no retirement; there is no free health care and there is no "faith and credit of the United States government."

I could tell you almost exactly what's going to happen when that day comes, but you probably wouldn't believe it anyway, so I'll save that explanation for when the time is right. But I will give you the hint (wink wink) that you'd better brush up on reading www.SurvivalBlog.com and buy everything ever written by James Wesley Rawles, because unless an unprecedented holy miracle occurs that defies the laws of economics, there is no saving the U.S. government from its own financial destruction.

If the U.S. government were a hospital patient, you'd pull the plug out of sheer mercy

The only real question is how long it will take for the People to finally lose sufficient faith in this failed government to actually pull the plug and shut it down permanently. If you think of the U.S. government as a hospital patient, it's being kept alive with an artificial lung, an IV feeding tube, a cocktail of toxic blood thinners and a bedside defibrillator. The crash cart is on standby and the heart monitor is showing a failing pulse headed towards flatline.

The Fed stands ready with a syringe full of adrenaline (labeled "Quantitative Easing"), but the patient has already been injected fifty-seven times, and no one knows how much more the patient's heart can handle before exploding.

At some point, it's all such a horrifying wreck that you just pull the plug and pray for the suffering to end. That's where I believe America is ultimately headed: a collapse, a rebirth, and hopefully a new era of abundance without the onerous burden and interference of a government gone insane.

​

 

[Married_Richenbrachen]

Does a government shut down mean people won't get punished anymore if they don't want to pay taxes?

 

[AgeofKnowledge]

LOL! I wish. Everything necessary will continue to function. Only non-essentials get shut down. That's a good thing. Think of it as limited government. If this is the only way we can get it, then I say bravo.

Does a government shut down mean people won't get punished anymore if they don't want to pay taxes?

 

[PoxEclipse]

Cascade Stock Market Losses Caused by Treasuries?

Analysis: Shutdown, default threat elevates appeal of U.S. Treasuries | Reuters

Growing demand for some Treasury obligations that mature before the October 17 debt limit deadline knocked their interest rates to below zero this week. A month ago, they traded at 0.02 percent.

The yields on benchmark 10-year Treasuries have already fallen to their lowest levels in six weeks partly on safe-haven bids on bets about a possible government shutdown next week.

Still, a long-lasting government shutdown, or, even worse, a default, could harm the Treasuries market.

Treasuries Fall Amid Bets Shutdown May Be Short-Lived - Bloomberg

The U.S. 10-year yield increased four basis points, or 0.04 percentage point, to 2.65 percent at 5 p.m. New York time, according to Bloomberg Bond Trader prices. The price of the 2.5 percent security due in August 2023 fell 11/32, or $3.44 per $1,000 face amount, to 98 22/32. The yield rose as high as 2.66 percent. It dropped yesterday to 2.59 percent, the lowest since Aug. 12.

Standard & Poor’s cut the U.S. rating to AA+ from AAA in August 2011, a move that reflected the impasse over raising the debt limit as well as the government’s lack of a plan to rein in its debt load.

While the downgrade didn’t result in investors charging the U.S. more to borrow, it contributed to a global stock-market rout that erased about $6 trillion in value from July 26 to Aug. 12, 2011.

What a Government Shutdown Means For Bonds and Today’s Other Top Stories

Republicans said last week that they would not agree to lift the debt ceiling unless implementation of Obama’s controversial health law was delayed by one year. So the government is also headed toward a mid-October default on its debts — and a full-blown constitutional crisis. Which would be disastrous for Treasuries.

 

[zone]

LOL! I wish. Everything necessary will continue to function. Only non-essentials get shut down. That's a good thing. Think of it as limited government. If this is the only way we can get it, then I say bravo.

this is naive AoK.
this has zero to do with limited gov't.
it has to do with austerity for the middle class until there isn't one.

any nation not having a BASIC social safety net is doomed.

 

[zone]

Re: Cascade Stock Market Losses Caused by Treasuries?

shots fired on Capital Hill - well, no surprise.

it's time for The American Spring uprisings.
blatant provocation by the gov't.

hold fast christians - don't take the bait.

 

[zone]

DEBT CEILING?

lololololol.......the US hasn't been able to pay it's debts since WW2.

what ceiling?

just cancel the whole thing - it was brought in through fraud anyway.

tear it up. NO DEBT. easy.
print your own money.
arrest the fraudsters on Wall Street.

 

[Grey]

No one tell them that they can just ctrl-alt-sequester

 

[AgeofKnowledge]

Re: Cascade Stock Market Losses Caused by Treasuries?

The reason this is all materially meaningless is because the national debt is rising so rapidly that we are only a few years away from not being able to borrow the trillion or so a year to continue funding it. The only choices left when you can't borrow money anymore to fund massive deficit spending are austerity or printing money which devalues the currency resulting in spiraling inflation.

All rating agencies downgraded the U.S. long before the shutdown AND assigned a negative future outlook to the U.S..

You're like a person standing in front of a tree and crying that it's going to get cut down. Take a step and realize that you're in a forest of trees with a lumber company moving in to cut them ALL down.

Raising the debt ceiling and borrowing trillions more and spending it isn't a solution but rather a fast ride to the end of the line in which a Greek tragedy awaits. Look at Greece. Germany use to carry their massive deficit spending year after year and then finally decided they weren't going to do it anymore. CRASH! We're getting close to that point.

Wake up man. Crying about a little pain at shutting down some non-essential functions of government means nothing compared to continuing to borrow and spend until we can't borrow anymore. Where's your sense?

Analysis: Shutdown, default threat elevates appeal of U.S. Treasuries | Reuters

Growing demand for some Treasury obligations that mature before the October 17 debt limit deadline knocked their interest rates to below zero this week. A month ago, they traded at 0.02 percent.

The yields on benchmark 10-year Treasuries have already fallen to their lowest levels in six weeks partly on safe-haven bids on bets about a possible government shutdown next week.

Still, a long-lasting government shutdown, or, even worse, a default, could harm the Treasuries market.

Treasuries Fall Amid Bets Shutdown May Be Short-Lived - Bloomberg

The U.S. 10-year yield increased four basis points, or 0.04 percentage point, to 2.65 percent at 5 p.m. New York time, according to Bloomberg Bond Trader prices. The price of the 2.5 percent security due in August 2023 fell 11/32, or $3.44 per $1,000 face amount, to 98 22/32. The yield rose as high as 2.66 percent. It dropped yesterday to 2.59 percent, the lowest since Aug. 12.

Standard & Poor’s cut the U.S. rating to AA+ from AAA in August 2011, a move that reflected the impasse over raising the debt limit as well as the government’s lack of a plan to rein in its debt load.

While the downgrade didn’t result in investors charging the U.S. more to borrow, it contributed to a global stock-market rout that erased about $6 trillion in value from July 26 to Aug. 12, 2011.

What a Government Shutdown Means For Bonds and Today’s Other Top Stories

Republicans said last week that they would not agree to lift the debt ceiling unless implementation of Obama’s controversial health law was delayed by one year. So the government is also headed toward a mid-October default on its debts — and a full-blown constitutional crisis. Which would be disastrous for Treasuries.

 

[AgeofKnowledge]

Nothing about me is naïve. Don't try to make a joke serious. Then it's not funny anymore and makes you look less intelligent. Capesh?

this is naive AoK.
this has zero to do with limited gov't.
it has to do with austerity for the middle class until there isn't one.

any nation not having a BASIC social safety net is doomed.

 

[ServantStrike]

Now my husband is on furlough and the commissary is closed. lol

Screwing the armed forces isn't fair for the service they offer. I'm sorry you're going through this

DEBT CEILING?

lololololol.......the US hasn't been able to pay it's debts since WW2.

what ceiling?

just cancel the whole thing - it was brought in through fraud anyway.

tear it up. NO DEBT. easy.
print your own money.
arrest the fraudsters on Wall Street.

Occupy, occupy!!!

Profit isn't a dirty word. Don't hate the player, hate the game. Impeach Woodrow Wilson, even though he's long since dead.

The man even apologized for his actions, but too little too late.

I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated governments in the civilized world. No longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and duress of a small group of dominant men.


But, I think it's a bit late to default on our debt. The rest of the world might have something to say about that. I'm sure the middle eastern interests certainly would (considering they own what, almost 10 percent of the country now). They would get their friends the Russians to do the dirty work. The Chinese would probably do their own dirty work. Can you say Red Dawn? The Chinese own 1.2 trillion dollars of US debt, or 8 percent.

The reason this is all materially meaningless is because the national debt is rising so rapidly that we are only a few years away from not being able to borrow the trillion or so a year to continue funding it. The only choices left when you can't borrow money anymore to fund massive deficit spending are austerity or printing money which devalues the currency resulting in spiraling inflation.

All rating agencies downgraded the U.S. long before the shutdown AND assigned a negative future outlook to the U.S..

You're like a person standing in front of a tree and crying that it's going to get cut down. Take a step and realize that you're in a forest of trees with a lumber company moving in to cut them ALL down.

Raising the debt ceiling and borrowing trillions more and spending it isn't a solution but rather a fast ride to the end of the line in which a Greek tragedy awaits. Look at Greece. Germany use to carry their massive deficit spending year after year and then finally decided they weren't going to do it anymore. CRASH! We're getting close to that point.

Wake up man. Crying about a little pain at shutting down some non-essential functions of government means nothing compared to continuing to borrow and spend until we can't borrow anymore. Where's your sense?

Yeah, I hope the government stays shut down for quite some time until people get pissed off enough at the candidates on both sides of the isle and vote independent in the next elections. We'll cross whatever bridge that burns when we come to it.

It's easy to blame the banks, but the American voters seem to have forgotten they voted for the talking heads in office who keep spending money we don't have. Shadow governments aside, people did still elect these leaders.

 

[jimmydiggs]

any nation not having a BASIC social safety net is doomed.

It's called the church. Stop thinking like a Canadian.

 

[DreaMo]

Supposedly Congress shut down the government because they don't like the way Obama wants to spend the money they don't have? But when the government is shutdown, the President has total control of how to spend the money the government doesn't have. I don't think anyone got to be Congressmen by being that stupid, so Congress must secretly agree with Obama
s plan for the ecomony but they feel compelled to pretend to dislike whatever is unpopular in the knee-jerk opinion polls of the ignorant masses.

 

[AgeofKnowledge]

Some things should be socialized. National defense, air traffic control, etc... and I'm not against a tiered health care system that provides basic and necessary healthcare for free to the indigent. Do you really want to return to the parish charity system like Dicken's wrote about in Scrooge and Oliver Twist? I don't.

The problem is we've gone WAY PAST where we should have and last year had a $1.2 trillion federal deficit (not counting the massive state, county, and city deficits that exist all over the country). It's 100% unsustainable and going to begin crashing in a few years when we can no longer borrow money to cover the deficit spending.

Any real recovery will require a complete reform from the top down. Everything has to be fixed from trade to education to social services, etc... and if done right we would end up in the black paying down our debt.

I know what needs to be done but I'm not in a position of power to accomplish it. If I was, deficit spending would end and austerity would be part of the solution but not the primary one. Money would flow once again into the coffers at a sustainable rate due to U.S. citizens paying taxes off the good paying jobs they were working like used to occur in this country, and tariffs on foreign made goods and services. Other reasons would entail austerity, tax reform, etc... There's a long list of things that need to be fixed and that includes resetting immigration policy back to before the 'Immigration and Nationality Act of 1965.'

We can fix it, the problem is that you need a majority of intelligent people with integrity in power and that's long gone. So, we have this failing broken situation rapidly deteriorating into systemic economic failure.

It's called the church. Stop thinking like a Canadian.

 

[jimmydiggs]

Some things should be socialized. National defense, air traffic control, etc... and I'm not against a tiered health care system that provides basic and necessary healthcare for free to the indigent. Do you really want to return to the parish charity system like Dicken's wrote about in Scrooge and Oliver Twist? I don't.

The problem is we've gone WAY PAST where we should have and last year had a $1.2 trillion federal deficit (not counting the massive state, county, and city deficits that exist all over the country). It's 100% unsustainable and going to begin crashing in a few years when we can no longer borrow money to cover the deficit spending.

Any real recovery will require a complete reform from the top down. Everything has to be fixed from trade to education to social services, etc... and if done right we would end up in the black paying down our debt.

I know what needs to be done but I'm not in a position of power to accomplish it. If I was, deficit spending would end and austerity would be part of the solution but not the primary one. Money would flow once again into the coffers at a sustainable rate due to U.S. citizens paying taxes off the good paying jobs they were working like used to occur in this country, and tariffs on foreign made goods and services. Other reasons would entail austerity, tax reform, etc... There's a long list of things that need to be fixed and that includes resetting immigration policy back to before the 'Immigration and Nationality Act of 1965.'

We can fix it, the problem is that you need a majority of intelligent people with integrity in power and that's long gone. So, we have this failing broken situation rapidly deteriorating into systemic economic failure.

If the church was doing it's job, all these "Social safety nets" wouldn't be necessary.

The 38% that is currently shut down isn't even important. The governments job is to provide military defence, law, courts, dealing with criminals, police forces, and maybe infrastructure. Probably a few others I've forgotten to mention, but it's a rather limited role to be played. I'm no neo-con.

 

[zone]

It's called the church. Stop thinking like a Canadian.

oh come on diggs.
a few less nukes and NSA outfits and you'd have basic hospitals where women can give birth and not go bankrupt.
somebody can get an X-ray and bone set for less than 20G.

it's not hard.
you don't have to pay for it out of your taxes. just say NO to Raytheon for 12 hours.

besides....the RC has always had hospitals...would you go to one?
or do we need hospitals for every denomination out there

 

[zone]

If the church was doing it's job, all these "Social safety nets" wouldn't be necessary.

The 38% that is currently shut down isn't even important. The governments job is to provide military defence, law, courts, dealing with criminals, police forces, and maybe infrastructure. Probably a few others I've forgotten to mention, but it's a rather limited role to be played. I'm no neo-con.

well, how about all that foreign aid (read: funding terrorism)?
just cork that and presto! everybody gets a checkup and a trip to the dentist.

seriously....libertarianism will only work in a state(s) who seceed from the Union. the Feds are to big to fail now.

 

[zone]

It's easy to blame the banks, but the American voters seem to have forgotten they voted for the talking heads in office who keep spending money we don't have. Shadow governments aside, people did still elect these leaders.

the leaders hand picked by the banks.

do you think the wealthiest families are ever going to allow some renegade into the Oval Office?
no chance.

just in case, they have a Magic Bullet and Lee Hamilton the fixer.

...

voting is a scam - and actually a legal contract with YOU the voter (being made responsible for what the elected DO).
not that you have the power to change anything...but when you vote, you are giving ASSENT to what they do when in office.
voting them OUT is just a trick to appease you every 4 years so you do not rise up in a peasant revolt and have the wealthy hanging from lamp-posts.

they found out that's what happened. so they gave you your shot at "voting the bums out" - LOL.
and voting their next PuppetBum in.

it's a racket, man.