Article

2013-10-17 Government

Senate Leaders Strike Deal to End U.S. Debt Impasse

Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.

Posted by Fred 2013-10-17 00:00|| || Front Page|| [6 views ] Top

#1 See RUSSIA TODAY > US AVOIDS DEFAULT AS CONGRESS PASSES DEAL TO END SHUTDOWN.

* Also from RUSSIA TODAY > BREAKING NEWS: OBAMA SIGNS BILL TO END DEBT IMPASSE + GOVT. SHUTDOWN.

* SAME > "MANUFACTURED" CRISIS COST US US$24.0BILYUHN - S & P.

IMO it may be "manufactured" because ...
> Many Perts argue that the US collects enough revenue to pay its obligations, hence there is no need at this time to raise the debt ceiling save to engage in pork or excessive new spending.
> As things stand widin the US Establishment, as a general rule the US CANNOT NOT RAISE THE DEBT CEILING BECAUSE IT ALWAYS HAS EVERMORE OBLIGATIONS THAN INCOMING REVENUES TO PAY FOR SAME.

The US Debt Structure is designed or devol such that the National, Global Debt level/burden can only go up, NOT-N-NEVER DOWN. IMO it is a per se, deliberate violation of the 14th Amendment of the US Constitution.

IT IS THUS NO SURPRISE THAT ..

* FREEREPUBLIC > [Pajamas Medias] MINUTES AFTER DEBT CEILING RAISED, OBAMA SHOWS UP WID A LIST OF THINGS SPEND MONEY ON.

US Political Histoire' repeats itself.

Apparently the Bammer reverses himself and signs only for SENATE = DEMOCRAT-SPONSORED TEMPORARY EXTENSIONS TO RAISING THE DEBT CEILING, NOT HOUSE-SPONSORED = GOP REPUBLICAN BILLS.

It will be a clash of wills as come Spring + February 2014, the GOP will hard fight on Bammercare + Immigration, while the Democrats will claim victory + hard to defend same; + fight even HARDER for a significant new Debt Ceiling limit.

------------

* ION DEFENCE.PK/FORUMS > [First Post] US DEBT DEBATES IS HOGWASH: THE US HAS ALREADY DEFAULTED.

* SAME > US WEIGHS LETTING IRAN KEEP ITS NUCLEAR ENRICHMENT FACILITIES - WSJ.COM.

Iran = Amerika's new [pseudo?]BFF in Syria + ME agz AL-Qaeda + other.

D *** NG IT, WASN'T "PSEUDO" A PHIL COLLINS SONG VEE "MIAMI VICE"!?

* RUSSIA TODAY > SHUTDOWN OF US GOVT. + "DEBT DEFAULT" A DRESS REHEARSAL FOR PRIVATIZATION OF FEDERAL STATE SYSTEM.

'Tis a wily dastardly covert "Stage Act" + PSYOP by the US Govt. + Wall Street agz their own Country + World??

* JAPAN TIMES > TURNING POINT: BEHIND WASHINGTON'S [Debt] FIRESTORM.

Heralds the end of the US' post-WW2, Cold War [post-Cold War? 9-11?] institutions and values as we knew it???

CRY FOR THE LOSS/END OF AMERICA, HAIL THE RISE OF AMERIKA!

Or as I liked to put it - the OWG-Mighty-USSA-vs-OWG-Weak-USRoA-Global-SSR, a Global-Space LLC.

hehe.

Posted by JosephMendiola 2013-10-17 02:15|| 2013-10-17 02:15|| Front Page Top

#2 It's past time to decorate the lamp posts in DC with our politicians

Posted by Ebbing Gonque9925 2013-10-17 07:25|| 2013-10-17 07:25|| Front Page Top

#3 Quislings. Traitors to the American people. 13% job approval rating explains what people think. Maybe they should have asked "Do you think Congress is despicable?" Probably would have been somewhere in the 90 percent region.

Posted by JohnQC 2013-10-17 10:38|| 2013-10-17 10:38|| Front Page Top

#4 Now they won't be bothered by messy arguments over increasing the debt ceiling - it will take a supermajority to just keep it from automatically happening.

Posted by Glenmore 2013-10-17 11:58|| 2013-10-17 11:58|| Front Page Top

21:19 tu3031
21:15 tu3031
21:09 tu3031
20:36 USN, Ret.
20:03 Barbara
20:00 Rambler in Virginia
19:15 Paul D
19:08 AlmostAnonymous5839
19:06 Injun Chains2748
19:01 Injun Chains2748
17:36 Frank G
17:35 Frank G
17:01 Frozen Al
16:56 Frozen Al
16:38 SteveS
16:26 Besoeker
16:24 Ebbang Uluque6305
16:23 Barbara
16:10 Shipman
16:09 Shipman
16:08 Shipman
16:06 Shipman
15:03 Richard Aubrey
15:02 Richard Aubrey