Bucking Horse: Frank thank you for your Blue Posts. GO RI/RV !!
Frank26: I have a RED one prepared ........ Now. KTFA Frank (Red is for Post RV)
Justinanddeb: Frank,Here she is at the end??
Hillary Clinton, the Clinton Foundation, and Business in Iraq Link
Frank26: TA DA ............ Look at her words ...... Timing.
IMO ....... She is drowning in Dinars.
Or cigars .............. lol Behave Frank26!!!!!!!!!!! lol KTFA Frank
Millie: Frank,Good morning. Ive been seeing numerous postings about the rate needing to come first before the laws, so my thoughts and question concerning this is....
Could it be that these Laws, "Have Already been funded with the rate"?
These are laws that are needed, but apparently are not Active laws and are only waiting on the lifting of zero's, or the push of a button from DRS for them to become ACTIVE LAWs with the RATE already inside??
It looks to me like these two pieces (Laws and Rate), go hand in hand and will be implemented simultaneously.
IMO, is this why the passing of the laws are more readily discussed and not a date or a rate, for within this lies the date and rate? Yes...No
Thank you kindly for your response.
Frank26: Here is what my TEAMS are looking at:
LAWS in the Gazette ....... Not trying to be passed..........
Then DRS to tell YOU LDS........ LUCY IM HOME !!! .........
Then a zero or two ....... Gone.
TA DA. KTFA Frank
lexi : Ok Frank if you are wanting questions or postings for how much you intend to share then here goes.
So if they are being told don't touch that 2016 budget then stands to question the timing of a new rate to me. Wondering if they would raise the rate at the very end of a year and not the very start of a new one since this years have already been figured in.
Then I think since you have starting talking now of maybe just 1or 2 zeros being lifted at a time instead of the the 3 at once like in the past got me to thinking is it possible after the budget is passed will they start with lifting 1 or 2 zeros here at the end of the year so they can really ramp it up at the start of or first quarter of 2016 with maybe all 3 lifted by that time?
Frank26: i like Your reasoning and thoughts.
Bring them to MONDAY CC and add them to our sharing ....... Also reference this to the post i made earlier on RI / RV. KTFA Frank
Whatever: Frank, When will we be hearing more from Dr. S?
Frank26: We have a date for many things to occur BEFORE You see DRS.
They are happening.
boxman: Debka.com...is reporting that China has an aircraft carrier and warplanes ready to attack Syria..
Frank26: That is 7 days old......... We told You they gave UN 4 K in troops to use.
They still have to tell You that.
Media filters and reports news as THEY need to. KTFA does not. KTFA Frank
Backdoc: YES MY BROTHER, WE ARE ALL OVER THE "MAIN EVENT"!
SOMEWHERE IN THE NEAR TERM I THINK WE WILL NEED TO SEE A RATE CHANGE BECAUSE DADDY NEEDS MONEY HONEY AND SHE NEEDS A TICKET TO RIDE!
WE ALL KNOW THE NEWLY ELECTED REPUBLICANS WERE SENT WITH A FISCAL MANDATE TO STOP THE DEBT CEILING FROM RISING AS ALL THE SURVEYS SHOW!
IN FACT THERE IS OUTRIGHT ANGER AMONGST THE PUBLIC!
I WON'T PREDICT THE OUTCOME OF THE MAIN EVENT BUT IF THE REPUBLICANS PREVENT A DEBT CEILING RISE THERE WILL BE MANDATORY CUTS JUST TO PAY BILLS!
THESE WOULD HAVE TO BE MASSIVE! I'M SURE AS WELL THAT O WILL NOT SIGN THIS BUDGET TO DEFUND HIS SIGNATURE LEGISLATION!
THERE IS A THIRD OPTION FOR NOW.
IF THE CURRENCY TAKES VALUE THE TREASURY COULD EASILY PAY BILLS EVEN IF WE HAVE A STAND OFF TILL THE NEXT ELECTION!
THIS MAY BE MORE LIKELY THAN NOT!
THE PEOPLE WOULD DECIDE WHICH WAY THINGS GO ON THE NEXT ELECTION.
DO WE BECOME MORE SOCIALISTIC OR DO WE BECOME MORE CONSERVATIVE AND LET THE PRIVATE SECTOR RAISE ITS HEAD! MMMM
JUST SOME THOUGHTS FOR NOW! 8@8, DOC IMO
Walkingstick: Government will run out of money in November, Treasury Secretary warns
by Chris Matthews @crobmatthews OCTOBER 2, 2015, 1:49 PM EDT
Halloween will be extra scary this year.
The U.S. government will exhaust the extraordinary measures it has taken to avoid a debt-ceiling breach “on or about Thursday, November 5,” according to a letter sent by Treasury Secretary Jack Lew to Congressional leaders.
The news sets the stage for another potentially costly battle over whether or not to raise the statutory limit on the amount of debt that can be legally borrowed by the Treasury Department. Congress and the President have tussled over the debt ceiling ever since the Republican Party took over the House of Representatives in 2010, and argued against raising the debt ceiling unless the President also agrees to commensurate spending cuts.
The President (and most objective economists) take the view that the act of raising the debt ceiling is merely Congress agreeing to issue debt to pay for things that it has already decided to fund, and that using the debt ceiling as a negotiating tool is a reckless mistake.
According to Chris Krueger, an analyst with Guggenheim Securities, the timing of the government’s collision with its debt ceiling could be good news, given Speaker Boehner’s recent announcement that he plans to step down on Oct. 31. In a note to clients Friday morning Krueger wrote: “This is bullish for the John Boehner Lame Duck goodwill tour that could see Boehner’s final act as Speaker on October 31 involving raising the debt ceiling (with a host of Democratic votes) and preventing the new GOP leadership from driving the country off a fiscal cliff.”
In other words, the deadline is close enough to the Speaker’s departure that Boehner could arrange to raise the debt ceiling on the back of Democratic votes, spurning the hard-right members of his caucus who want to see a confrontation with the President over spending. Many Republicans don’t want to see this happen because breaching the debt ceiling would likely cause the U.S. government to default, triggering a host of consequences up to and including a possible global financial panic.