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Sun Oct 13, 2013, 11:10 AM

Here is some Teabagger logic that will enable the Shutdown....clueless.

From a Teabagger....


"Don't let them lie to you. Default on the debt will occur if, and only if, the Administration deliberately chooses not to make the interest payments with the tax revenue they receive each month.

The US Government receives over $200 billion in tax revenue each month, and must make $20 billion of interest payments. In other words, there is enough income to service US debt payments whether Congress raises the debt limit or not."

This is what they now believe...all will be sunny and bright regardless of the Shutdown....They believe this rhetoric!!!!

6 replies, 1077 views

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Reply Here is some Teabagger logic that will enable the Shutdown....clueless. (Original post)
FarPoint Oct 2013 OP
A HERETIC I AM Oct 2013 #1
FarPoint Oct 2013 #2
A HERETIC I AM Oct 2013 #3
flamingdem Oct 2013 #4
A HERETIC I AM Oct 2013 #5
flamingdem Oct 2013 #6

Response to FarPoint (Original post)

Sun Oct 13, 2013, 11:19 AM

1. There is $120 billion in short term paper maturing on the 17th.

I took this screenshot the other day from Treasurydirect.com;




I came up with the $120 billion figure by looking at the CUSIP - the numbers at the far right that un-highlited. They will show the auction date, the redemption date and the amount.

So yes, the Teabagger you quoted has no idea what he/she is talking about.

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Response to A HERETIC I AM (Reply #1)

Sun Oct 13, 2013, 11:22 AM

2. Thank You.....

I'll use this if I may.....

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Response to FarPoint (Reply #2)

Sun Oct 13, 2013, 12:00 PM

3. Help yourself!

It's public information. Share it at will!














Whoever the hell Will is.

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Response to A HERETIC I AM (Reply #3)

Sun Oct 13, 2013, 12:03 PM

4. Do you know a good website to see the Dow Jones or other

futures numbers for monday? thanks

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Response to flamingdem (Reply #4)

Sun Oct 13, 2013, 12:27 PM

5. Depends on how much detail you want.

Bloomberg's public website has the basics;

http://www.bloomberg.com/markets/stocks/futures/

CNBC's website has similar;

http://www.cnbc.com/id/17689937

CNNMoney has similar, but they also have a quote generator for any symbol, where it says "Pre-Market Quote";

http://money.cnn.com/data/premarket/


Hope that helps.

For more detailed information, one would typically have to have a subscription to a service, like a trading platform. Bloomberg's professional platform would run you something like $1700 a month!

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Response to A HERETIC I AM (Reply #5)

Sun Oct 13, 2013, 12:40 PM

6. Thanks for that nt

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