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fed taper in december, page-7

  1. 17,482 Posts.
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    GB

    I tried to find some precedent for the debt ceiling being raised due to war in the U.S. law. There is precedent for it.

    Heres where the debt ceiling fight is at. The 986.3billion in cuts is what the people will feel, not the financial elite who are sucking the 85billion a month. Its almost the amount of QE. So now they are going to cut QE by stealth and abandon Obama care and flog the people into abject poverty!
    I think a war may well take place in the U.S.


    Republicans Warn of Shutdown as Confrontation Escalates

    In today’s 230-189 vote, the House backed a stopgap measure to fund government operations after current authority expires. The legislation preserves across-the-board spending cuts at an annual rate of $986.3 billion and permanently defunds the Affordable Care Act.

    http://www.bloomberg.com/news/2013-09-20/house-passes-spending-bill-seeking-to-stop-health-law.html
 
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