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If you do not allow us to raise the debt ceiling you will not get your SS check says Obama

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posted on Oct, 4 2013 @ 11:36 AM
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reply to post by matafuchs
 


He isn't doing anything more than stating facts. Sometimes facts are scary...and if Republicans don't raise the debt limit, then he is informing the public what will happen.

This isn't scare mongering, this is factual information. He is informing people ahead of time so they know what is coming, and so they also know that Republicans know exactly what will happen if they don't raise the debt limit.

Just like they knew exactly what would happen if they shut down the government. They knew the WWII monument would close, they knew the NIH would close, they knew some veteran benefits might get cut...they did it anyway...and afterwards are acting like they are outraged that it happened.



posted on Oct, 4 2013 @ 11:58 AM
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Raising the debt ceiling does not stop spending nor does it even curb spending. All it does is put a limit on PAYING the debt & interest incurred by the spending. The debt ceiling is a not the big issue everyone is making it out to be. The big issue is spending and the ever increasing size of government. This is where the real problem is.



posted on Oct, 4 2013 @ 12:29 PM
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reply to post by Sparky63
 

I must have misunderstood. I thought the debt limit was a cap on how much the government could borrow.

I can't see how it is a limit on paying the debt and interest. Help me out?



posted on Oct, 4 2013 @ 12:36 PM
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crazyewok
reply to post by silenteagle
 


A attempt was already made on the whitehouse.



The Terrorgate cover-up has to date resulted in the murder of at least 18 U.S. and E.U. Special Forces as well as the unprecedented arrest of 3 top U.S. Navy brass. As the fallout from Terrorgate continues to rock Capitol Hill, the resignation of President Obama looms large pending charges of treason and conspiracy to commit murder by House and Senate Democrats and Republicans.

When Obama called the Washington Navy Yard Massacrejust “another mass shooting“, it was wishful thinking as reality begs to differ. Evidence acquired to date conclusively proves that the Navy Yard Massacre of September 16, 2013, was just the first in a series of mass executions and assassinations ordered by the Obama administration in order to mitigate Terrorgate blowback.

In essence, Terrorgate is a state-sponsored terror scandal in which the Obama administration was caught red-handed conspiring to commit unprecedented acts of terror upon the American people, namely in the cities of College Station, Texas, Las Vegas, Nevada, and Washington, D.C.



______beforeitsnews/obama/2013/09/obama-to-resign-over-terrorgate-pending-congressional-charges-of-conspiracy-and-treason-2456126.html

I know the source isn't reliable for some people, but STILL some "interesting coincidences" going on.

Edit to add, THE LINK DOESN'T WORK! Copy&Paste it into another browser if you want.
edit on 4/10/13 by EarthCitizen07 because: (no reason given)



posted on Oct, 4 2013 @ 01:12 PM
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I read that link and it seems to be all over the net from other sources. Is this.. true? Is this the operation northwoods of our generation that was actually caught in the act?

It's hard to know what to believe anymore...



posted on Oct, 4 2013 @ 01:15 PM
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crazyewok

greencmp
[
Since I do not consider state and federal workers to be employed, we already have much higher than 20% unemployment. That doesn't even take into consideration the fact that so many of us do not participate in the data collection that those numbers are based on.


Are you really that dense to miss the entire point?

America defaults = America collaspses

Either :
1) your so rich and have othshore bank acounts that a collaspe wont hurt
2) You own your own farm that been fully paid off.
3) You are complety ignorant on how economys work.

Hopefully your 1 or 2 cause if not and the USA defaults you will end up most likley loseing your job, home and all your saveing and end up like the unemployed in the 1930's, living in slums without any hope of a job.


And if you are young person who is unemployed due to affirmative action, have a student loan that can't be paid off, let alone save up for mortgage, a pension scheme or even pay for Obamacare health insurance, then you already have lost your job, your future, your home and savings. There is nothing much else left to lose.

If you do have a job, then your salary has been frozen, your 401K stock pension plan has probably already been raided by the bankers, and taxed by the government to the point it won't cover your retirement.

They simply can't go on constantly raising the national debt and then raising taxes to pay just the interest. They are simply borrowing money to pay off the interest on the money they have already borrowed.

The way the system works is that the federal government doesn't print money, it borrows it from privately owned banks like the Federal Reserve, then raises taxes to pay the interest on that money borrowed. In turn the Federal Reserve is owned by a series of international banks like Credit Suisse and Goldman Sachs and the Bank of International Settlements. It wasn't always like this - in the past, the USA printed their own money and back it with gold. There was no need for income taxes or even a national debt.



posted on Oct, 4 2013 @ 01:16 PM
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The cheap tricks of the game

“We’ve been told to make life as difficult for people as we can. It’s disgusting.”



The Park Service appears to be closing streets on mere whim and caprice. The rangers even closed the parking lot at Mount Vernon, where the plantation home of George Washington is a favorite tourist destination. That was after they barred the new World War II Memorial on the Mall to veterans of World War II. But the government does not own Mount Vernon; it is privately owned by the Mount Vernon Ladies' Association. The ladies bought it years ago to preserve it as a national memorial. The feds closed access to the parking lots this week, even though the lots are jointly owned with the Mount Vernon ladies. The rangers are from the government, and they’re only here to help.

“It’s a cheap way to deal with the situation,” an angry Park Service ranger in Washington says of the harassment. “We’ve been told to make life as difficult for people as we can. It’s disgusting.”

Read more: www.washingtontimes.com...
Follow us: @washtimes on Twitter


OH yea, Obama and his minions are such nice guys.



posted on Oct, 4 2013 @ 01:29 PM
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charles1952
reply to post by Sparky63
 

I must have misunderstood. I thought the debt limit was a cap on how much the government could borrow.

I can't see how it is a limit on paying the debt and interest. Help me out?


reply to post by charles1952
 



The United States debt ceiling or debt limit is a legislative restriction on the amount of national debt that can be issued by the Treasury. Because expenditures are authorized by separate legislation, the debt ceiling does not actually restrict deficits. In effect, it can only restrain the Treasury from paying for expenditures that have already been incurred. .....A 2011 Government Accountability Office study found "the debt limit does not control or limit the ability of the federal government to run deficits or incur obligations. Rather, it is a limit on the ability to pay obligations already incurred."
en.wikipedia.org...

Most people think that the debt ceiling somehow limits the governments ability to spend our hard earned money.



posted on Oct, 4 2013 @ 01:29 PM
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reply to post by matafuchs
 
"NON-ESSENTIAL PERSONNEL" I ASSUME THAT MEANS EMPLOYEES NOT NEEDED? IN NORMAL BUSINESS THAT MEANS LAY-OFFS, REDUCTION IN FORCES, DOWN SIZING... YOU GO HOME AND PAY AND BENEFITS STOP.... YOU ARE OUT OF A JOB...

WE NEED TO GET ONE THING CLEAR... I'M 76 YEARS YOUNG....THOSE OF US THAT PAID INTO THE S.S. SYSTERM FOR 50 PLUS YEARS HAVE PAID FOR OUR RETIREMENT BENEFITS AND THEY ARE ENTITLEMENTS THAT WE'VE BOUGHT AND PAID FOR AS OUR RETIREMENT.....
BUT THE POLITICIANS COULD NOT STAND TO SEE THAT MONEY LAYING IN OUR "TRUST FUND ACCOUNTS" SO THEY SET UP A WAY TO "BORROW IT", THEY WOULD PUT A I.O.U. THERE AND TAKE THE FUNDS.....
AND THEY CREATED A CHARITY TO PAY FOR WITH THAT BORROWED MONEY.. THEY CALLED IT WELLFARE AND MEDICAID (THE GREAT SOCIETY)
AND THEN THEY CAME ALONG WHEN THE ECONOMY WAS SCREWED UP WITH THE JIM CARTER'S PRESIDENCY AND TOOK ALL OF THE REST OF THE "TRUST FUND ACCOUNTS" FOR "STAR WARS" (AN IMAGINATED WAR REQUIREMENT) THIS ALLOWED THEM TO TAKE ALL OF THE "ACCOUNT" AND ACTUALLY THEY DID AWAY WITH THE "TRUST FUND ACCOUNTS" AND DECLARED THAT FICA WOULD GO INTO THE U.S. GENERAL FUND ACCOUNT.....
SO THEY BORROWED OUR MONEY, CANCELED OUR ACCOUNTS AND THEN DECLARED IT NOT OUR MONEY BUT INCOME OF THE U.S. GOV. AND NOW THEY HAVE DECIDED TO BLACKMAIL US WITH THIS SCAM.

NOW YOU TELL ME WHO'S REPRESENTING WHO?



posted on Oct, 4 2013 @ 01:39 PM
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reply to post by matafuchs
 


BEFORE THEY CUT ANY DOMESTIC PROGRAMS OR JOBS THEY BETTER " CUT OUT FOREIGN AID"
WE FOUGHT FOR THIS COUNTRY TO KEEP IT SAFE SO IT COULD PROVIDE PROSPERITY AND SAFETY..

YOU DO NOT BORROW MONEY TO GIVE AWAY WHILE YOUR FAMILY GOES LACKING..

YOU MIGHT CALL IT CHARITY BUT CHECK OUT WHO GETS AID AND WHO DOES NOT.. IT'S BRIBERY AND PAY-OFFS TO ADVANCE BUSINESS INTEREST. BUT WE SHOULD HAVE KNOW, WHEN THEY CAME UP WITH N.A.F.T.A. THERE WOULD BE A TWIST... WE SAID WE WERE GOING TO SHARE OUR MANUFACTURING REQUIREMENTS WITH LESS ADVANCED NATIONS. THERE WENT THE JOBS AND THE INCOME PRODUCERS OF OUR MANUFACTURES.

AND NOW WE ARE BEING THREATENED "NO S.S. PAYMENTS" WONDER IF THEY ARE STILL GOING TO SEND WELFARE PAYMENTS OUT?



posted on Oct, 4 2013 @ 02:06 PM
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reply to post by charles1952
 


Yes is a cap on how much the government can spend, on Oct. 17 that cap have to be increased to 16.7 trillions if I am no mistaken.



posted on Oct, 4 2013 @ 02:11 PM
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reply to post by Stormdancer777
 


Oh, but people are falling for the lies the media propaganda and one thing that the government has been doing and getting good at making people be scare of the power of the government.

The shut down is not about the debt is all about Obamacare.

Here in my neck of the woods, the military base told most of the civil workers to go home, but the decided to keep "the employees in the maintenance center as essential personnel" because they have to ship equipment to Afghanistan

So actually is all about priorities, the priorities are to scare the bejesus out of the people and people are falling for it.

Everybody needs to realized that all that is going in Washington is nothing but game and those that live depending on government that is more than half of the working force are falling for it.



posted on Oct, 4 2013 @ 02:15 PM
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reply to post by marg6043
 


The government can incur as much debt as it wants. The debt ceiling doesn't stop them from putting this country in even greater debt. All it does is limit the amount it can pay for these debts.

They find themselves in the position of having to raise the debt limit because they simply will not or cannot stop spending. It would be nice if the debt ceiling would actually limit how much debt the government can incur, but it simply doesn't work that way, hence the need for a balanced budget.


edit on 10/4/2013 by Sparky63 because: (no reason given)



posted on Oct, 4 2013 @ 02:16 PM
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reply to post by F4Driver
 


Amen



posted on Oct, 4 2013 @ 02:42 PM
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reply to post by AlienScience
 


Alienscience is right; Obama is making promises, not empty threats.

Obama has promised that if the House does not agree to raise the debt ceiling, he will use executive power to actively prevent SS checks and other government operations from proceeding. Just as he actively ordered Federal properties like the WW2 monuments to be kept from the public (at extra financial expense in most cases - cost cutting, my ass!), he will see to it that the people suffer if he does not have his way.

In typical fashion, Obama Democrats (with the help of the MSM) have inverted the truth, convincing the masses that it is the Republicans who are making childish demands at the expense of the nation. The fact is, the Republican controlled House passed a bill that would have funded everything but Obamacare, and the Democrat controlled Senate shot it down. Harry Reid has also rejected bills that would specifically fund National Parks, because the Democrat agenda is Obamacare or no spending at all.

The Democrat party stance is the childish one: Obamacare implementation and increased spending NOW! Harry Reid and the Senate have rejected any notion of holding off on Obamacare while funding the existing government.

Too few are pointing out that we can pay for truly essential expenditures like Social Security without raising the debt ceiling. Obama insists on increasing the debt not because he is concerned about SS recipients, but because he intends to maintain suicidal levels of spending for the remainder of his term. The ceiling need only be raised in order to implement new spending, like Obamacare.

The catastrophe of Obamacare is not relevant here. Even if it did any of the things Obama claimed it would, we could not afford it at this time. On top of that, payments on our debt and programs like SS are legislated to be priority spending. Only an executive order by Obama would cause the US to default or SS checks to be withheld.

For Obama and his Democrats, this is all a political maneuver designed to corner the GOP into approving another debt increase, while cementing Obamacare.



posted on Oct, 4 2013 @ 02:45 PM
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reply to post by matafuchs
 


Here's the funny part.

We are so far into this current monetary system - if we don't raise the debt ceiling
THE SYSTEM WILL CRUMBLE - ALL MONEY IS DEBT

Obama is trying to keep the whole economy from destroying itself. If we can't raise the debt ceiling, then we will run out of money itself.

What we need to realize, is this system is set to fail already (by growing out of control) - you need to realize that either we keep raising the debt ceiling, or we completely adopt a new monetary policy. That's your two choices. Right now we are using a fiat money system since 1971 - and the dollar is backed by NOTHING, except for government law. There is NO VALUE or COMMODITY to which the dollar is backed, besides our debt that we create by taking on loans. When we go to the bank and get a loan approved for $10,000, the bank doesn't have that money - rather they promise that they will give you 10,000 dollars upon request to your promise to pay them 10,000 plus interest. By the flick of a keystroke, the bank honors a 10,000 principal loan. These dollars never exist... when we pay principal off, the money disappears. What we are left with is this interest, which doesn't exist at all even when the principal is there. The only money that really exists is principal on loans and our agreement to pay it back. If we were to completely pay debt off, then interest would still exist as negative debt that a person still owns, and there wouldn't be enough actual dollars in the system to pay that back.

If everyone had to pay their interest all at once, everyone would have to fight over a limited sum of money. But this doesn't happen since interest is usually paid over time - this allows time for more new loans to be taken out and new money to be created for principal. It's an elaborate system, but it works right now and gives people a reason to earn "money"

The system either needs to keep going (which will lead to a bust anyways) or we need to design one that works.

So either, support Obama for sustaining the current system - or join a reform group and design a better one!
edit on 4-10-2013 by Myollinir because: (no reason given)



posted on Oct, 4 2013 @ 02:50 PM
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reply to post by Sparky63
 


Sadly is nothing that can be done, the spending monster is out of control and nothing can stop it, and the only way out will kill the US as a economic power, so is not about the people is about politics and power.

That is the reality.



posted on Oct, 4 2013 @ 02:57 PM
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reply to post by OpenMindedRealist
 


LOL.

No, it's not a promise, it is reality.

There are procedures and policies that dictate what gets funded and in what priority during a shutdown or when you don't have the funds to pay for everything.

He is simply laying out what will and what won't make those pre-determined cuts.


And the monumnets should be shut down among the first things...they aren't essential and they aren't an important function of the government.



posted on Oct, 4 2013 @ 03:18 PM
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retiredTxn

beezzer
When do we get to call his bluff?


When enough people get tired of all the games they are playing in Washington.
When 50 or 60 million American citizens descend on Washington and put a stop to this madness.
When we as a people question why 3 elected officials are holding our nation hostage.
When it comes to the point we realize the elected feel they are more important than "We the People".

Today, tomorrow, next week, whenever. When we decide collectively to stop all this madness and hit
the "Restart" button.

Then and only then.


Seeing your scenario in my mind brings up legit reasoning behind having 15,000 soldiers in DC for "exercises" this month. And why FEMA pre-delivered food/water/emergency medical kits etc. to district 3 (Washington DC area) by October 1st.

They might be "expecting" a reaction to the pain this time.

God Bless,



posted on Oct, 4 2013 @ 03:26 PM
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reply to post by marg6043
 


I couldn't agree with you more. I don't see any indication that Congress or the President really cares about fiscal responsibility.



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