Once Again , It’s Time To Raise The Debt “Limit” … Nothing Will Change With The Republicrats In Charge

Lew to Congress: US Hits Debt Limit On March 16, Needs To Be Raised ASAP

 

 

” Unless Congress takes action, the U.S. will hit its debt limit on Mar. 16, but would begin taking “extraordinary measures” to finance the government on a temporary basis, according to the U.S. Treasury.

  In a Friday morning letter to House Speaker John Boehner and other House and Senate leaders, Treasury Secretary Jack Lew said that his office will be forced to suspend the issuance of State and Local Government Series securities on Mar. 13 unless the debt limit is raised.”

” ” Accordingly, I respectfully ask Congress to raise the debt limit as soon as possible,” Lew wrote in his letter.

  The Treasury secretary emphasized that “increasing the debt limit does not authorize new spending commitments,” but rather “simply allows the government to pay for expenditures Congress has already approved.”

  Congress passed the Temporary Debt Limit Extension Act in February 2014, which suspended the statutory debt limit through Mar. 15 of this year.”

 

 

    Read more , to what end we don’t know as it’s a foregone conclusion that with the spineless leadership presently in control of the “fiscally responsible” party nothing will change …

 

 

 

 

    Debt , debt and more debt as far as our children and theirs can see . A changing of the “guard” with the new republican control of both legislative branches amounts to nothing but more of the status quo .

 

 

 

 

 

 

 

 

 

 

 

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Debt Limit – A Guide To American Federal Debt Made Easy

     While we have posted this before we thought that ,  with the debt ceiling having been reached again last Friday night just a few short months after the last cavalcade of Congressional hypocrisy , it would be a good time to reacquaint our readers with the insanity that governs Congress and it’s spending habits .

 

 

 

Uploaded on Nov 4, 2011

” The United States debt limit explained. A satirical short film taking a look at the national debt and how it applies to just one family. The watch our follow up video: Knock Knock IRS
http://www.youtube.com/watch?v=ZtJX0V…

  Watch the guy from the Sprint Ads, Ferris Bueller Superbowl Spot and plays Arwin! (also in the upcoming film PAIN AND GAIN) Produced by Seth William Meier, DP/Edited by Craig Evans, 1st AC Brian Andrews, Sound Mixer Gus Salazar, Written and Directed by Brian Stepanek. Help us spread the word by clicking ads or at http://www.debtlimitusa.org.
as seen on STOSSEL on Fox Business “

 

 

 

 

 

 

 

 

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Nearly 2/3’s Of Voters Say ” Throw Them ALL Out ” … Finally

60 Percent Say Fire Every Member Of Congress

 

 

 

 

” Throw the bums out.

That’s the message 60 percent of Americans are sending to Washington in a new NBC News/Wall Street Journal poll, saying if they had the chance to vote to defeat and replace every single member of Congress, including their own representative, they would. Just 35 percent say they would not.

According to the latest NBC/WSJ poll, the shutdown has been a political disaster. One in three say the shutdown has directly impacted their lives, and 65 percent say the shutdown is doing quite a bit of harm to the economy. NBC’s Chuck Todd reports.

The 60 percent figure is the highest-ever in that question recorded in the poll, registered in the wake of the government shutdown and threat of the U.S. defaulting on its debt for the first time in history. If the nation’s debt limit is not increased one week from now, Treasury Secretary Jack Lew warns that the entire global economy could be in peril.

“We continue to use this number as a way to sort of understand how much revulsion there is,” said Democratic pollster Peter D. Hart, who conducted the poll with Republican Bill McInturff. “We now have a new high-water mark.” “

 

 

 

 

 

 

 

 

 

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What “The Life of Brian” Can Teach Us About The Sequester

 

WHAT MONTY PYTHON CAN TEACH CONSERVATIVES ABOUT SEQUESTER POLITICS

 

 

 

 

 

” One of my favorite Monty Python movies excerpted on the channel is Life of Brian. The film’s stoning scene is actually very instructive for today’s Republican party. In fact, a comment made by the person about to be stoned should be front and center in the mind of every Republican who ever proposes cuts in government spending.

Sounds a little far-fetched, but let me explain.

The scene starts like this: in Jerusalem, 33 AD, a man is brought in front of a crowd holding stones, and a magistrate announces the defendant’s name and the conviction of blasphemy. The sentence will be death by stoning.

The magistrate yells out the charge of “blasphemer,” as the man was caught saying the name of Jehovah, and angrily points at the defendant. The defendant explains that he was merely complimenting his wife’s cooking, saying it was “good enough for Jehovah.” The crowd gasps, ready to start the stoning, and the magistrate yells “he said it again!” The prisoner says “what, Jehovah?” The magistrate shouts “hey, you’re only making it worse for yourself!” To which the man says “how can it get any worse?”

Then he begins dancing and crying out “Jehovah! Jehovah!” to the outraged crowd. But you can’t really blame the guy. If ever he had any inclination to say the name “Jehovah” out loud, he might as well say it now and as many times as he wants. He is about to get stoned to death for saying it anyway. At this point he really has nothing to lose, and it certainly won’t get worse than getting stoned to death.”

 

 

 

 

 

 

 

 

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DEBT LIMIT – A GUIDE TO AMERICAN FEDERAL DEBT MADE EASY

Debt Limit , For The Everyman