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Debt Ceiling Reached??????
1 posted on 03/30/2011 1:07:54 PM PDT by JohnKinAK
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To: JohnKinAK

You must realize this is as out of control as the Nuke Plant in Japan.


2 posted on 03/30/2011 1:10:36 PM PDT by screaminsunshine (Obama Sucks)
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To: JohnKinAK

This should help commodities. Gold, Silver, Copper, Brass and Lead.


3 posted on 03/30/2011 1:11:10 PM PDT by Godebert
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To: JohnKinAK

BookMark


4 posted on 03/30/2011 1:11:57 PM PDT by Revel
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To: JohnKinAK

That’s why not raising the debt ceiling is NOT an option, yet.

However, I’d like it to be followed by a Trump-style presentation of spending cuts and facts to go along with it so it doesn’t have to be done again.


5 posted on 03/30/2011 1:14:21 PM PDT by RockinRight (C'mon people - enough with the FR circular firing squad.)
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To: JohnKinAK

Since the Federal Reserve is just making sh*t up and saying their bank balance is bigger when it’s not I’ve decided that my bank account now has $35 billion dollars in it.

As proof here’s my new bank balance:

Megan’s Bank

Megan’s account: $35,000,000,000.02


8 posted on 03/30/2011 1:19:10 PM PDT by MeganC (NO WAR FOR OIL! ........except when a Democrat's in charge.)
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To: JohnKinAK

Now, they are also dealing with a double edged sword. The rising interest rates (A guarantee) will add even more debt.

But Gold and commodities!


10 posted on 03/30/2011 1:22:22 PM PDT by PSYCHO-FREEP (Patriotic by Proxy! (Cause I'm a nutcase and it's someone Else's' fault!....))
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To: JohnKinAK
"Which means the US is now $35.7 billion away from a bona fide breach of the debt ceiling."

"settlement of all of this week's auctions which amount to $35 + $35 + $29 billion (including today) or $99 billion

Looks like we have a day or two left.

18 posted on 03/30/2011 2:39:36 PM PDT by Uncle Miltie (The 0bamaNation of America slides toward death as planned.)
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To: JohnKinAK

We may yet find out what a Debt Ratings Downgrade feels like.

Ride, Bond Vigilantes, Ride!


19 posted on 03/30/2011 2:42:09 PM PDT by Uncle Miltie (The 0bamaNation of America slides toward death as planned.)
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To: JohnKinAK

Dont’ underestimate the power of BOND-AGE-Vampire-Care.
Where they have access to everyone’s $ accounts:

Do not underestimate the power of Vampire-Care, ANYHING can be framed to effect “health”....and can be BOND-AGE leveraged-incremental-taxed/permits.......

..... “health check” A.B.C.D.E.F etc., permit and inspection fee to govt., mandate charge(s), vehicle fed health emisssions charge-permit annual, land health safety inspection-permit annual, domestic living space health inspection permit, fireplace health inspection/burn media permit and volume charge, psych approval form permit fee(if you own a firearm,), mower permit,;carbon-print-check, etc., and other mischief. Annual, bi-monthly, monthly, random, domestic, business, etc., ..... All, some, or, none perhaps......but ANYHING can be framed to effect “health”

Rife with mischief, BOND-age, and bought in corruption....


20 posted on 03/30/2011 2:52:35 PM PDT by Varsity Flight
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