Posted on 03/14/2017 10:08:41 AM PDT by davikkm
March 15th (or the Ides of March) was a bad day for Julius Caesar, but history aside, is something big going to happen on the Ides? As it goes, there are actually already several fairly momentous things taking place, and as the saying goes “a big news day is the best time to bury bad news”. The main stories we will be reading about are:
The debt ceiling
In November, 2015, the Obama administration set a date for the debt ceiling to run to, and from this day forward, unless there is an almost immediate agreement, the US will not be in a position to actually borrow more money. The $20 trillion limit is reached and the government must live off its savings (estimated $200 Billion) which experts suggest will cover costs until summer. It should be a fairly straight forward procedure to up the limit (it always has been before), but this presents the opponents of Trump with a grand opportunity to make him look bad. Will they take it?
March 17th, 1917, was actually the day when the Tzar of Russia abdicated, which led to the revolution and ultimately the Soviet Union. Does Barack Obama have a keen eye for history, or a mean sense of humour?
(Excerpt) Read more at investmentwatchblog.com ...
I will be amazed if Trump wants the debt ceiling increased. Perfect opportunity for massive defunding of stupid parts of FedGov.
It’s the Ides of March.
A “government shutdown” always proceeds with the cessation of non-essential services, with essential services continuing unabated.
Perfect time for Trump to ask why, in a time of hemorrhaging cash, any of those non-essential services should be preserved.
All he has to do is, this time, note that back pay will NOT be forthcoming should suspended activities be resumed.
The reason President Trump has been so successful through his life is that he knows how to turn anything—ANYTHING—to his advantage! He won’t do anything different this time around. Prayers for his safety.
“Beware the Ides of March.” — William Shakespeare, “Julius Caesar”
What indication do you have that he’s against the Republican debt ceiling increase?
As for myself, I’d like to see it lowered.
Manuchin has already asked for it (debt ceiling increase), right?
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