Off-Topic: Gubment shutdown strategem
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Name:   Shortbus The author of this post is registered as a member - Email Member
Subject:   Gubment shutdown strategem
Date:   10/6/2013 11:01:23 PM

Way I see it, if the Republicons and Demorats keep their horns locked - no blinking, no more borrowing.

The payment on the debt would then be about 10% of the taxes coming in.  ( $200 billion/month )

The White House and Treasury secretary Jack Lew then would decide whether to respect the payment of the debt or not. Something will be cut.

Ya think non payment of debt would significantly raise the interest rate above zero on $17 trillion?

George Will said that would lead to world economic locusts, etc etc.

And of course it is Republican conservatives who would be at fault.  A perfect political storm.



Do I have a clue?   Just now trying to figger this out.
Other messages in this thread:View Entire Thread
Gubment shutdown strategem - Shortbus - 10/6/2013 11:01:23 PM
     You are wrong - MartiniMan - 10/7/2013 8:30:59 AM
          You are wrong, satire heavily used MM - Shortbus - 10/7/2013 8:44:16 AM
               Neither satire nor sarcasm work well when writing - MartiniMan - 10/7/2013 8:57:08 AM
                    Neither satire nor sarcasm work well when writing - MAJ USA RET - 10/7/2013 7:17:45 PM
                         That's what you get when you ride the short bu - MartiniMan - 10/7/2013 8:21:52 PM
                              That's what you get when you ride the short bu - Shortbus - 10/7/2013 9:32:18 PM
                                   Now I'm really lost - MartiniMan - 10/7/2013 10:17:33 PM
                              That's what you get when you ride the short bu - MrHodja - 10/7/2013 10:08:52 PM
                                   That's what you get when you ride the short bu - Shortbus - 10/7/2013 10:46:35 PM
                                        Short bus and tin foil hat - MartiniMan - 10/8/2013 9:00:45 AM
                                             Short bus and tin foil hat - Shortbus - 10/8/2013 10:49:26 AM
                                                  This is getting weird - MartiniMan - 10/8/2013 11:35:57 AM
     Gubment shutdown strategem - Shortbus - 10/7/2013 10:28:59 PM
          Yes, I pointed out where you were wrong - MartiniMan - 10/7/2013 10:30:40 PM
     Gubment shutdown strategem - Shortbus - 10/13/2013 5:57:26 PM
          Gubment shutdown strategem - Lifer - 10/14/2013 9:57:19 AM
               Gubment shutdown strategem - MrHodja - 10/14/2013 10:27:27 AM


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