shutdown over..

[...Whitepower...]

Senate reaches deal to end shutdown, avoid default - CNN.com

[snide]

That sucks. I guess.

[Cybercowboy]

It does suck in that nothing changes, Obama gets another $1 trillion to blow, and we were never going to default anyway - 14th amendment prohibits that from happening and Congress had already passed a bill that would have taken care of that. The senate and Obama used the willing democrat operatives that are our media to scare people - again.

[lspencer534]

That doesn't mean that the shutdown is over. What about the House?

[sanchez]

Why do I have to pay so much in taxes if we are just gonna borrow like madmen anyway?

[Cybercowboy]

Originally Posted by lspencer534

That doesn't mean that the shutdown is over. What about the House?

This is the Republican leadership of McConnell and Boehner cutting a deal with Reid. Watch.

[trewyn15]

They're all idiots.

[Cybercowboy]

Originally Posted by sanchez

Why do I have to pay so much in taxes if we are just gonna borrow like madmen anyway?

We aren't borrowing anymore, didn't you get the memo? We haven't been borrowing for about four years now. China hasn't wanted to buy any of our debt since that time. No, we are "buying" our own debt. What that really means in layman's terms is "printing a shitload of money."

The only thing keeping the economy even slightly afloat is interest rates. When they go up, and that will happen probably sooner than anybody thinks, the stock market is going to take a big giant dump. Watch and learn young padawan.

[StaticCling]

Originally Posted by Cybercowboy

We aren't borrowing anymore, didn't you get the memo? We haven't been borrowing for about four years now. China hasn't wanted to buy any of our debt since that time. No, we are "buying" our own debt. What that really means in layman's terms is "printing a shitload of money."

The only thing keeping the economy even slightly afloat is interest rates. When they go up, and that will happen probably sooner than anybody thinks, the stock market is going to take a big giant dump. Watch and learn young padawan.

[lspencer534]

Originally Posted by Cybercowboy

This is the Republican leadership of McConnell and Boehner cutting a deal with Reid. Watch.

It will take all the Democrats in the House and some Republicans to seal that deal. Going to happen?

[Cybercowboy]

Originally Posted by lspencer534

It will take all the Democrats in the House and some Republicans to seal that deal. Going to happen?

I would imagine they have already rounded up the votes. This sort of thing is coordinated tightly. Can't stand the leadership of either party, they are all bloodsuckers.

[Yerf Dog]

I'm shocked! Shocked, I tell ya!

[StaticCling]

This Video was posted over on CF politics today, if you don't care to sit through the 30 minutes (IT IS WELL WORTH IT BTW), here are a few Cliffs:

1. The Government Creates Glorified IOU's. Treasury Bonds. These create the National Debt and puts the people on the hook to pay it back.

2. The Treasury sells the Bonds to the Banks. The Banks then turn around and sell the Bonds (National Debt) to the Federal Reserve for a Profit. The Federal Reserve then opens its Checkbook which then buys these Bonds using a Checkbook that has a zero balance. So essentially, the Federal Reserve is buying IOU's WITH IOU's. When those Checks (IOU's from the Federal Reserve) are given to the Banks, currency is created. This is how 'Money' is created.

Start the Video at the 18 minute mark, and it will explain the whole cycle, it's very interesting.

http://www.hiddensecretsofmoney.com/videos/episode-4

[trewyn15]

How to fix our debt ceiling issue... RAISE THE DEBT CEILING!

BUT... it'll only be for a little while, unless we need to raise it again.

[StaticCling]

No generation has a right to contract debts greater than can be paid off during the course of its own existence." - George Washington

[StaticCling]

Originally Posted by trewyn15

How to fix our debt ceiling issue... RAISE THE DEBT CEILING!

BUT... it'll only be for a little while, unless we need to raise it again.

It's all a big SCAM anyway.

[trewyn15]

Originally Posted by chinaski

It's all a big SCAM anyway.

Our Government is a scam.

[mike100]

The dollar doesn't buy shit anymore, that's for sure. I have been really feeling the devalued currency in the last 18 months badly.

[Blademaker]

Originally Posted by trewyn15

Our Government is a scam.

Elephants and asses, screwing the masses............

[trewyn15]

Originally Posted by Blademaker

Elephants and asses, screwing the masses............

Except the poor, the poor always get my money.