ALERT !!! BREAKING!! Vote Is In!!! Government Shut Down On The Way

http://investmentwatchblog.com/breaking-vote-is-in-government-shut-down-on-the-way/

BREAKING!! Vote Is In!!! Government Shut Down On The Way!
September 29th, 2013

US House votes 231-192 to delay Obamacare for 1 year as part of government funding bill – live video

http://www.breakingnews.com/topic/us-sequester-budget-resolution-2013

HOUSE PASSES ONE-YEAR DELAY OF OBAMACARE — SHUTDOWN MORE LIKELY

http://www.businessinsider.com/government-shutdown-house-passes-obamacare-delay-mandate-cr-boehner-obama-2013-9#ixzz2gHObc5J9

House Votes To Delay Obamacare By One Year; Checks To Senate Democrats – Shutdown ‘Inevitable’?

On a rare Saturday session (now Sunday); in a not-too-surprising vote down party lines, the House has voted in favor of the continued-military-funding, medical-device-tax-repealing, Obamacare-delaying continuing resolution that keeps the government paid until December 15th…

* *HOUSE PASSES 231-192 OBAMACARE DELAY IN U.S. SPENDING BILL
* *HOUSE VOTES 423-0 TO FUND TROOPS IF GOVERNMENT SHUTS DOWN

Now it’s off to the Senate and Harry Reid’s ‘over-my-dead-body’ as the White House prepares for Government Shutdown.. (and/or veto) with little (or no) time to cobble together a last-minute deal.

Of course this will be the meme for tomorrow…

http://www.zerohedge.com/news/2013-09-29/house-votes-delay-obamacare-one-year-checks-senate-democrats-shutdown-inevitable

Is the U.S. Headed in the Right Direction?

Click on the link above to see results from other polling agencies (in table, not chart form).

One year, just in time for the next senate election. Do I possibly smell change in that house?

The domestic nuclear detection office will only retain 6 of its 115 employees......

http://www.thedailybeast.com/articles/2013/09/30/how-the-government-shutdown-hurts-national-security.html
 

The list goes on & on.

*

Yes, it's also Butsumetsu, a very bad luck day.

http://www.zerohedge.com/news/2013-09-30/shut-happen


Shut Happens

Submitted by Tyler Durden on 09/30/2013 23:59 -0400

• Barack Obama
  
• Debt Ceiling
  
• default
  
• Gross Domestic Product
  
• Housing Market
  
• Obamacare
  
• White House
  

 
It's 12:01am, do you know where your government is?

• *WHITE HOUSE BUDGET OFFICE DIRECTS AGENCIES TO BEGIN SHUTDOWN
  
• *U.S. GOVERNMENT SHUTS DOWN FOR FIRST TIME IN 17 YEARS
  

S&P Futures are 1677, 10Y yield 2.65%, WTI $101.96, Gold $1329.00 - let's see where we open tomorrow...
 

 

 
Full Statement from The White House:

Quote :

MEMORANDUM FOR THE HEADS OF EXECUTIVE DEPARTMENTS AND AGENCIES
 
FROM: Sylvia M. Burwell, Director
 
SUBJECT: Update on Status of Operations
 
This memorandum follows the September 17,2013, Memorandum M-13-22, and provides an update on the potential lapse of appropriations.
 
Appropriations provided under the Consolidated and Further Continuing Appropriations Act, 2013 (P.L. 113-6) expire at 11:59 pm tonight. Unfortunately, we do not have a clear indication that Congress will act in time for the President to sign a Continuing Resolution before the end of the day tomorrow, October 1, 2013.
 
Therefore, agencies should now execute plans for an orderly shutdown due to the absence of appropriations. We urge Congress to act quickly to pass a Continuing Resolution to provide a short-term bridge that ensures sufficient time to pass a budget for the remainder of the fiscal year, and to restore the operation of critical public services and programs that will be impacted by a lapse in appropriations.
 
Agencies should continue to closely monitor developments, and OMB will provide further guidance as appropriate. We greatly appreciate your cooperation and the work you and your agencies do on behalf of the American people.

 
 
Now it's getting serious...
 

Quote :

They actually did it. A group of Republicans in the House just forced a government shutdown over Obamacare instead of passing a real budget.
— Barack Obama (@BarackObama) October 1, 2013

 
 
 

Quote :

Due to a lapse in government funding, this account will not be active until further notice.
— U.S. Capitol (@uscapitol) October 1, 2013

Via Russia Today,
Here is a handy list from Russia Today of the possible effects American citizens and the rest of the world could face now that the US Government has shutdown. The last government shutdown lasted 21 days, from December 1996 to January 1997, and cost the administration of US President Bill Clinton cost an estimated $2 billion, according to the White House’s Office of Management and Budget.
 1 Countdown to US default looms
  A halt of US government operations would drag the world’s biggest economy closer to bankruptcy, something unprecedented in US history. If no budget deal is done, the US would bump up against their “debt ceiling”  and run out of money by October 17. By then, the US government would have less than $30 billion cash on hand, Treasury Secretary Jacob Lew has calculated.
2 Hundreds of thousands of federal employees on furlough
  A one-time layoff of 800,000 people working for the US government would erode the earlier projected economic growth of 2.5 percent for the fourth quarter of 2013 by about 0.32 percentage points, according to a forecast by Mark Zandi, chief economist and co-founder of Moody's Analytics. That projection assumes a two-week shutdown. If it drags into a whole month, the loss of GDP would rise to 1.4 percentage points.
3 Troops’ paychecks stopped
  About 1.4 million military active-duty personnel would keep on working, but with their paychecks delayed. Approval for troops’ paychecks is dependent on Obama’s proposed 2014 federal budget being passed by Congress.
4 Women and children’s nutrition program threatened
 Pregnant women and new moms who are poor and facing “nutrition risk” won’t be able to buy healthy food, as a looming shutdown would put bracers on the $6 billion Special Supplemental Nutrition Program for Women Infants and Children (WIC).
5 $85 billion in cuts to federal programs
When a shutdown was last threatened in March 2013, it would have resulted in $85 billion in automatic cuts in spending on federal programs – many aimed at alleviating social hardship. The cuts, known as sequestration, would affect grants to local organizations and funds that keep those programs running.
6 Housing loans halted
US federal programs that provide for about 30 percent of all new loans in the housing market – a backbone of the country’s economy – will be shut down. Government funding of new businesses will also be halted, as well as workplace health and safety inspections.
7 Trade talks scuppered?
US plans to have a Pacific trade deal, the Trans Pacific Partnership, signed with the US’s Asian partners could stall, as Obama may decide not to travel to this weekend’s Bali, Indonesia meeting of the Asia-Pacific Economic Cooperation nations. While he could still go if no deal is done by then, it could be a gift for his Republican opponents if Obama was seen to be jetting off to a tropical paradise at a time when federal employees were sent home without pay.
 
8 Visa delays likely
Thousands of Americans may not be able to get passports for foreign travel, and tourists travelling to the US will likely face delays in visa processing. During the last government shutdown in 1996-97, some 20,000-30,000 applications remained unprocessed daily.
9 Space program on hold
  Space agency NASA will be hit the most, as the agency will need to furlough about 97 percent of its employees, though it will continue to keep workers at Mission Control in Houston and elsewhere to support the International Space Station, where the two NASA astronauts currently on board, Michael Hopkins and Karen Nyberg, may not know whether they have jobs to come back to.
10 National parks, museums and zoos would close to the public
State-funded museums, art galleries and zoos across the country would keep their doors closed Tuesday, leaving thousands of employees furloughed and visitors unable to see attractions. US national parks, from Yosemite to the Shenandoahs, as well as Washington’s National Mall, Lincoln Memorial and Constitution Gardens, would also be closed.

This is all kabuki theatre anyway.

(CNSNews.com) - The federal deficit increased by $146 billion in August, according to a report released today by the Congressional Budget Office. But, at the same time, according to the U.S. Treasury, the federal debt did not increase at all during the month. - See more at: http://cnsnews.com/news/article/terence-p-jeffrey/treasury-debt-0-august-cbo-deficit-was-146b#sthash.mRAklKw9.dpuf

This article was from mid September, but as of last Tuesday the overall US debt remained at the same figure it has been 'frozen' at since May 17th, 2013.

Bart Chilton To Commodities Traders: You Are On Your Own
Submitted by Tyler Durden on 10/01/2013 - 11:30

From: Chilton, Bart
Subject: Re: Today's Smackdown

No regulators looking at markets due to government shut down.

B


just theatre ... but to THEIR ADVANTAGE not yours!

Keep it shut! They've shut down 17 times in the last 30 yrs. anyone remember those? Anytime gov is not in session is a day of freedom. Plus all they do is ruin stuff.  And if Obama is blaming it on the repubics, then he probably is totally behind it lol.

RIGHT ON CUE:

Treasury taking final steps to avoid default

http://www.politico.com/story/2013/10/debt-ceiling-treasury-final-extraordinary-measures-97690.html

quietobserver wrote:

This is all kabuki theatre anyway.

(CNSNews.com) - The federal deficit increased by $146 billion in August, according to a report released today by the Congressional Budget Office. But, at the same time, according to the U.S. Treasury, the federal debt did not increase at all during the month. - See more at: http://cnsnews.com/news/article/terence-p-jeffrey/treasury-debt-0-august-cbo-deficit-was-146b#sthash.mRAklKw9.dpuf

This article was from mid September, but as of last Tuesday the overall US debt remained at the same figure it has been 'frozen' at since May 17th, 2013.

Easier to continue, straight from London's illuminated mouthpiece:

Global economy in ‘epic scale’ change, says IMF’s Lagard.


The global economy is experiencing “transitions on an epic scale”, the International Monetary Fund managing director said on Thursday, warning that turbulence in emerging markets could knock 0.5 to 1 percentage point off their growth.
Christine Lagarde’s remarks show the damage done to emerging markets by a recent round of “taper talk”, over the possibility of the US Federal Reserve slowing the pace of its asset purchases and their vulnerability to future changes in the pattern of global capital flows.


“The immediate priority is to ride out the turbulence as smoothly as possible,” said Ms Lagarde. “Currencies should be allowed to depreciate. Liquidity provision can help deal with dysfunctional market behaviour. Looser monetary policy can also help.”
But she warned that countries with inflationary pressures – such as Brazil, India, Indonesia and Russia – have less scope to use monetary policy and that high debt and deficits mean many developing countries have little space for fiscal stimulus either.

“Overall, the global outlook remains subdued,” said Ms Lagarde, in her traditional speech ahead of the annual World Bank and IMF meetings in Washington next week. “In many of the advanced economies, however, we are finally seeing signs of hope. Growth is looking up, financial stability is returning, and fiscal accounts are looking healthier.”

The impact of a slowdown on US Federal Reserve asset purchases had been expected to dominate this year’s annual meetings but the Fed’s decision to hold off on tapering has removed that focus.
Instead, the world’s economic policy makers will have a ringside seat as they assemble in a US capital where much of the federal government is shutdown and a potential default is just days away if Congress cannot resolve its differences. Ms Lagarde said that raising the debt ceiling is “mission critical” for the world economy.
“Because the normalisation of monetary policy affects so many markets and people across the globe, the US has a special responsibility: to implement it in an orderly way, linking it to the pace of recovery and employment; to communicate clearly; and to conduct a dialogue with others,” said Ms Lagarde.
The expectation of “tapering” by the Fed had prompted a flight of capital from emerging markets, causing currencies and asset markets to fall, only for a sharp flow back the other way when the US central bank unexpectedly kept its purchases at $85bn a month in September.
Ms Lagarde said the US showed the clearest signs of recovery among advanced countries. “We see it all around us. Households are in better shape, the housing sector is looking brighter and the private sector engine is humming again. And yet, growth this year will still be too low – below 2 per cent – due to too much fiscal adjustment.”

She also pointed to improved growth in the eurozone. “Now, after six quarters of recession, the region came up for air last spring, and growth should be back in positive territory next year – almost 1 per cent,” she said. “Yet unemployment – at 12 per cent – is still far too high.”
China should slow down its credit boom and try to expand its economy via higher productivity, she said. “This means liberalising interest rates, ramping up financial sector oversight, opening up protected sectors to private initiative and further strengthening of the social safety net.”

http://www.ft.com/cms/s/0/10477840-2c34-11e3-acf4-00144feab7de.html#axzz2ghrvaaL6

quietobserver wrote:

RIGHT ON CUE:

Treasury taking final steps to avoid default

http://www.politico.com/story/2013/10/debt-ceiling-treasury-final-extraordinary-measures-97690.html

quietobserver wrote:

This is all kabuki theatre anyway.

(CNSNews.com) - The federal deficit increased by $146 billion in August, according to a report released today by the Congressional Budget Office. But, at the same time, according to the U.S. Treasury, the federal debt did not increase at all during the month. - See more at: http://cnsnews.com/news/article/terence-p-jeffrey/treasury-debt-0-august-cbo-deficit-was-146b#sthash.mRAklKw9.dpuf

This article was from mid September, but as of last Tuesday the overall US debt remained at the same figure it has been 'frozen' at since May 17th, 2013.

"White House asking for sad shutdown stories" 

http://washingtonexaminer.com/white-house-asking-for-sad-shutdown-stories/article/2536836

And my personal favorite...................

“The IRS will accept and process all tax returns with payments, but will be unable to issue refunds during this time."

http://www.accountingtoday.com/news/IRS-Suspends-Tax-Refunds-Tax-Court-Closes-Government-Shutdown-68228-1.html?taxpro

Here's some shutdown bull for you.......

'Shutdown' Day 7: Government Buys $47,174 Mechanical Bull

http://cnsnews.com/news/article/eric-scheiner/shutdown-day-7-government-buys-47174-mechanical-bull#sthash.WcFFqp7l.dpuf

 

The Amber Alert website was down (but brought back online after public outcry)

The First Lady's "Let's Move" website was apparently "essential" because it was never taken down


WWII vets who want to get in to see their own memorial (paid for almost entirely with private funds) before they pass away = no can do

Illegal aliens who want to protest on the National Mall that is closed to everybody else = OK dokie

18 Republicans went to WH to 'negotiate' today. That's 6+6+6 & 1+8=9 i.e. their version of sacred numbers. Evil warring for control.

Sneaky damn devils.......

1000 Points of Light Tribute Awards


OCTOBER 11, 2013
Embassy of Italy, Washington D.C.


http://www.pointsoflight.org/signature-events/points-light-tribute-awards

Ever wonder why rock concerts ask you to holder your lighter up????

You're paying tribute to Lucifer & becoming a 'point of light'.

Quote :

Ever wonder why rock concerts ask you to holder your lighter up?

 
Hey, we used to do that at every midnight showing of The Rocky Horror Picture Show. Anyone remember doing that? Anyone else here do that?

There's a light, (lighters flicked on all over the theater) over at the Frankenstein place
There's a light, (everyone waves the flame back and forth to the music) burning in the fireplace

Well, if you ever did that here's a little trip down memory lane.

Yikes!!! I just noticed my statement was "holder your lighter up", I can assure you that was not intentional. Perhaps The Lord works the keyboard from time to time and we are usually unaware.

researcher wrote:

Quote :

Ever wonder why rock concerts ask you to holder your lighter up?

 
Hey, we used to do that at every midnight showing of The Rocky Horror Picture Show. Anyone remember doing that? Anyone else here do that?

There's a light, (lighters flicked on all over the theater) over at the Frankenstein place
There's a light, (everyone waves the flame back and forth to the music) burning in the fireplace

Well, if you ever did that here's a little trip down memory lane.

Hmmmm, Q, a little sub-conscience transference from your mind to your keyboard going on there?

Eh well,,, thanks but no thanks & had actual "sub-conscience transference" occurred it would have been banned from this forum by the very internet itself, long before you were forced to decide on "editing".

researcher wrote:

Hmmmm, Q, a little sub-conscience transference from your mind to your keyboard going on there?

Heh Heh, just received the following email:

"Dear House, Senate, and aspiring Dictator. The last 5 years I've mismanaged my funds & this year I can't decide on a budget either. I can't come up with a unified decision that fits all of my needs and interests, so I'm forced to shut down my checkbook and will no longer be writing you a check on October 15th. I'm sure you understand. Thank you very much for setting an example we can all follow."