Debt Ceiling: 'Chaotic' choices on 100 million payments

[freshwest]

Less than ten days away, the scenario described here is what the GOP wants:

Debt Ceiling: 'Chaotic' choices on 100 million payments

By Jeanne Sahadi - January 7, 2013

If Congress doesn't raise the debt ceiling soon, the Treasury Department will be forced to make drastic, no-win decisions on how to honor tens of millions of legally owed payments every month...

Prioritizing interest payments means Treasury must choose from more than 100 million monthly payments and would not be able to pay 40% of the dollars owed...

Much more at link:

http://money.cnn.com/2013/01/07/news/economy/debt-ceiling/index.html

Those expecting veteran benefits will lose those in November through shutdown or with default:

5 million will lose veterans' benefits next month if shutdown stretches to November

http://www.democraticunderground.com/?com=view_post&forum=1014&pid=616482

Rand Paul says default can be 'framed as a reasonable idea' and Tom Coburn wants to default to face a 'managed catastrophe.'

http://www.democraticunderground.com/?com=view_post&forum=1002&pid=3820816

To which I said:

A 'managed catastrophe' by these gangsters? We're officially in hell!



Why the people of the USA aren't in the offices of these gangsters protesting right now, proves the power of media.

They will blame Obama, the poor, the disabled, the elderly and any 'others,' instead of the GOP.

The long term chaos will benefit the GOP in 2014. as people forced to move, translates into them being unable to vote.

On the bright side, at that point, they will all be able to qualify for government assistance living where and how they do not want.

But anyone who has paid much attention to politics since the Tea Party gained power in 2010, knows that FOAD is their answer to those who need assistance.

All of this coming from a man-made disaster that does not have to happen.

[djean111]

1. That article is from jan 7, 2013 - I wonder what the situation is now. Same?

[Cha]

2. It's so scary, fresh.. thank you for the

report. Just what I needed to wake up to today. But, what the hell.. it's our reality.

So I'll light another or and hope for a miracle

[freshwest]

4. I hope that people will call the GOP and tell them this is unacceptable. The HoR controls the purse.

[Cha]

5. YES!

[sheshe2]

3. The Tea Party

have lost their minds, if they ever had one. All this pain and suffering brought on by a small faction of delusional people. They have no concept of what this will do to so many.

As witnessed in the statements of Paul, Yoho and Coburn, they are clueless as to the effect this will have on the world economy.

[freshwest]

6. Sheshe, I think some of their voters have lost their minds to Faux, Rush, etc.

I have never been able to fathom how anyone who recieves these benefits would ever vote GOP, but we see in threads that some have, and will continue, but some will not.

The Democratic Party's philosophy is to bring all people up, equally. Social Security reciepients and veterans shouldn't have been fooled by rightists.

Some have had an illusion that they had the luxury of voting to deny the rights of others. It has come back to bite them in the tail, those who voted GOP.

It was inevitable it would fall back on them. We are all equal, all need help. No one should think they are exempt from calamity.

No one should ignore the history or the policies of the GOP. It's no brainer!

[sheshe2]

7. I can't fathom it either,

it is beyond my comprehension.

Equality for all the people not just the elite, how difficult is that to understand.

fresh, you are right it is a no brainer for those who have a brain.

[IrishAyes]

9. Even President Obama, among the best humans on earth, needs US.

That was the only Simon and Garfunkel song that ever bothered me, even though I knew it illustrated teen angst. "I am a rock... I am an island... " Otherwise the Bridge song was beautiful.

[IrishAyes]

8. I don't think the TP leaders are clueless at all, although their sheeple are.

The TP leaders know exactly what they're about - destruction. Better to rule in hell than to serve in heaven.

[sheshe2]

10. There is a special place set aside for them.

May they roast there for all eternity. It is there destiny.

Thanks Irish, you are the best.

[IrishAyes]

11. The worst fate possible for them

might be to be imprisoned and forced to listen to me throwing Milton at them.