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quietobserver
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quietobserver


Posts : 2707
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Join date : 2013-02-06

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PostSubject: DEFAULT HOAX   DEFAULT HOAX I_icon_minitimeTue Oct 15, 2013 10:53 pm

The luciferian banksters will pull the plug when they decide its time. Not before then or after then.

For a bit of background, read this article from 2010:

Moody's: 2013 Could Be Debt Crisis Year for US

http://www.moneynews.com/StreetTalk/Moodys-2013-Debt-Crisis/2010/05/19/id/359489#ixzz2hqu9JNDe

Anyone remember O-bomber coming down hard on Moody's??

Now, in 2013

(CNSNews.com) - The federal government raked in a record of approximately $2,472,542,000,000 in tax revenues through the first eleven months of fiscal 2013, which ran from Oct. 1, 2012 through the end of August, according to the Monthly Treasury Statement for August. That is up about $285 billion from the approximately $2,187,527,000,000 in taxes the government took in through August of fiscal 2012. Despite these record tax revenues, the federal government still accumulated a $755 billion deficit in the first eleven months of fiscal 2013. Total federal spending through the first eleven months of the fiscal year was $3.228 trillion. -

http://cnsnews.com/news/article/terence-p-jeffrey/2472542000000-record-taxation-through-august-deficit-still-755b#sthash.Yr4kFRqf.dpuf
 
And now the mortgage on the white house, plus barry's vaca and bar tab:

"Inconvenient as they may be, some facts are in order. The fiscal 2013 debt service for the twelve months ending September 30 will be somewhere around $420 billion."
IRS revenues for the calendar 2012 tax year (ending 9-30-2013) will probably be around $2.3 trillion. That equates to over a five and a half times debt service coverage. So having enough money is not even close to the issue. There has been some discussion of what some are naming “prioritization of payments”."

http://www.forbes.com/sites/richardfinger/2013/10/04/the-u-s-debt-ceiling-fallacy-agreement-or-not-there-will-be-no-default/

IF O'bomber has developed enough narcissistic pride over the last 5+ years to step out of line from the script & attempt to 'default' & it isn't the appointed time, one of two things will happen: impeachment, adios. Can't pay the mortgage when its 18% of your income? PLEASE
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quietobserver
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quietobserver


Posts : 2707
Reputation : 131
Join date : 2013-02-06

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PostSubject: Re: DEFAULT HOAX   DEFAULT HOAX I_icon_minitimeWed Oct 16, 2013 5:21 pm

I've posted a series of these stories but too many new threads are started daily on the same topic(s)to even FIND them any more for lack of time...

150 Straight Days: Treasury Says Debt Stood Still at $16,699,396,000,000 October 16, 2013 - 5:28 PM 

http://cnsnews.com/news/article/terence-p-jeffrey/150-straight-days-treasury-says-debt-stood-still-16699396000000#sthash.eOe8ZGf2.dpuf
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