So when will all the museums and national parks reopen?
Yes. I wonder what is left of them? An exception was made for the mining industry. While hikers were arrested for entering the park, miners were working without oversight. 
Topic: US Government Shutdown (Read 3506 times)
So when will all the museums and national parks reopen?
some news from today about this can be found here -> http://www.thestar.com/news/world/2013/10/07/us_government_shutdown_markets_rattled_as_default_looms_next.html
this is most retarded, the US cannot be allowed to default, only because republicans want one more inch. can it?
Quote
The U.S. must increase its debt ceiling by Oct. 17 or face the possibility of defaulting on its debts, a move that would shake the global economy and financial markets.
this is most retarded, the US cannot be allowed to default, only because republicans want one more inch. can it?
It will not default, amendment 14 requires the debt and retirement checks be paid first. The government still takes in $240 billion a month and the interest payments are like $9 billion a month. Obama and the democrats are trying to trick you. The only way it will default if Obama fails to cut or reduce the pay of federal employees. A girl Meg Whitman was able to fire 15,000 employees, can Obama man up?
Haven't really heared anything about this topic in my country's news anymore.
Is it still on shutdown ? Are they going to raise the debt ceiling ?
Is it still on shutdown ? Are they going to raise the debt ceiling ?
I am in the US. I have not been hearing much here either! Granted today was a holiday- Columbus Day. Maybe tomorrow? I don't watch the news on TV though. I only happen to see whatever is on the internet.
Haven't really heared anything about this topic in my country's news anymore.
Is it still on shutdown ? Are they going to raise the debt ceiling ?
They're still shut down. They media will wind up the drama machine to full throttle then at the last second they'll announce a radical. unprecedented and revolutionary solution... print more dollars. Maybe, just maybe, the US government will use its uber can-kicking skillz to do the right thing by going into default and bursting the bubble(s) but that would kill their chances of re-election stone dead so its not likely.Is it still on shutdown ? Are they going to raise the debt ceiling ?
Yes. It is really hard to believe that they would really go into default. I don't think most people believe that will happen. But if it does? Crazy times ahead for the world, and probably BTC too.
who knows they are privy to more info then most of us. But if you have BTC and live in the USA hold those coins and hope for a price spike.
Haven't really heared anything about this topic in my country's news anymore.
Is it still on shutdown ? Are they going to raise the debt ceiling ?
Is it still on shutdown ? Are they going to raise the debt ceiling ?
The both big parties are playing very dangerous, getting bigger. Let us see if they fail to plan something within 3 days.
Having said all that, this is peanuts compared to what will happen if the US actually does default on its debt, as is the looming danger. If you live in the US like I do, and happen to have any overseas vacation plans, you might want to cancel them if this actually does happen, because the US dollar will almost certainly plummet if the US federal government defaults on its debt. I don't, thankfully, have overseas vacation plans. Nevertheless, I wouldn't be surprised if this debt thing happens, and if it does, I also wouldn't be surprised if it induces a major recession.
That definitely would be troublesome if they default, would not like to see this outcome. Hopefully they can avoid it.
The word "shutdown" is pretty fricking misleading.
60% of employees are still working. The remainder are on unpaid leave and every time this happens, they end up getting back pay after the shutdown is over.
80% of the money is still being spent. This means that even a "shutdown" US Government runs at a deficit.
It's political theater, and not much else.
60% of employees are still working. The remainder are on unpaid leave and every time this happens, they end up getting back pay after the shutdown is over.
80% of the money is still being spent. This means that even a "shutdown" US Government runs at a deficit.
It's political theater, and not much else.
Yep, also it's the media and both sides of the house creating such hysteria so they can step in at the last minute and save us from a crisis of their own making and look like people that care about 'jobs' and 'families'. What a joke.
Anybody know how long the shutdown is and when the shutdown is over?
The word "shutdown" is pretty fricking misleading.
60% of employees are still working. The remainder are on unpaid leave and every time this happens, they end up getting back pay after the shutdown is over.
80% of the money is still being spent. This means that even a "shutdown" US Government runs at a deficit.
It's political theater, and not much else.
60% of employees are still working. The remainder are on unpaid leave and every time this happens, they end up getting back pay after the shutdown is over.
80% of the money is still being spent. This means that even a "shutdown" US Government runs at a deficit.
It's political theater, and not much else.
I have mixed feelings about this. In one sense, I'm inclined to agree with EmperorBob here. Unless you had a trip planned to go to a National Park, or work for the federal government, the government shutdown doesn't affect most people. Oh, and I should add, unless you happen to own a retail business near a major federal employer.
For anyone who doesn't fall in those conditions, yeah, I can understand the shrugs and yawns about the government shutdown. The mail is still getting delivered, and the trash is still getting picked up, so it's kind of a yawn to those who aren't directly affected by it.
Having said all that, this is peanuts compared to what will happen if the US actually does default on its debt, as is the looming danger. If you live in the US like I do, and happen to have any overseas vacation plans, you might want to cancel them if this actually does happen, because the US dollar will almost certainly plummet if the US federal government defaults on its debt. I don't, thankfully, have overseas vacation plans. Nevertheless, I wouldn't be surprised if this debt thing happens, and if it does, I also wouldn't be surprised if it induces a major recession.
The word "shutdown" is pretty fricking misleading.
60% of employees are still working. The remainder are on unpaid leave and every time this happens, they end up getting back pay after the shutdown is over.
80% of the money is still being spent. This means that even a "shutdown" US Government runs at a deficit.
It's political theater, and not much else.
60% of employees are still working. The remainder are on unpaid leave and every time this happens, they end up getting back pay after the shutdown is over.
80% of the money is still being spent. This means that even a "shutdown" US Government runs at a deficit.
It's political theater, and not much else.
http://www.youtube.com/watch?v=eFUGuGfjQkk
their running our of money, talking about default, and now they retroactively pay people to stay home, wow the logic is profound!
whats a dollar worth if you don't have to work for it?
their running our of money, talking about default, and now they retroactively pay people to stay home, wow the logic is profound!
whats a dollar worth if you don't have to work for it?
They don't pay. Those who are affected by shutdown are on unpayed leave.
How much do you want to bet that if a default does happen, it'll happen while the government is "shutdown". If that happens, more people will fall under the notion that they desperately need government now more than ever, not the other way around.
the republicans have made yet another offer,
they will temporarily rise the depth ceiling so theirs no default and in exchange they want Obama to talk.
its your last term anyway Obama go down with a bang and give them the finger!
How much do you want to bet that if a default does happen, it'll happen while the government is "shutdown". If that happens, more people will fall under the notion that they desperately need government now more than ever, not the other way around.
the republicans have made yet another offer,
they will temporarily rise the depth ceiling so theirs no default and in exchange they want Obama to talk.
its your last term anyway Obama go down with a bang and give them the finger!
How much do you want to bet that if a default does happen, it'll happen while the government is "shutdown". If that happens, more people will fall under the notion that they desperately need government now more than ever, not the other way around.
Amazing, I never heard this before.
Sums it up pretty well.
Well the last time the US came close to defaulting and was subsequently downgraded the price of treasury notes actually went up because people were selling stocks and buying bonds instead. The very bonds that caused the insecurity.
People can be incredibly stupid.
I thought that was weird also. It shows how few places there are to invest. Gold is too high, stocks are risky and manipulated right now, short term real estate is hard; I guess downgraded bonds look ok in that environment? All good news for bitcoin. People can be incredibly stupid.
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