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Uncle Bill
05-13-2011, 01:42 PM
Are we being back-stabbed by the oligarchy, or am I missing something?

UB

Treasury Auctions To Take United States Over The Debt Limit On Monday

Rob Port (http://sayanythingblog.com/entry/author/admin/) • May 11, 2011


Treasury Secretary Tim Geithner has been a little fuzzy (http://sayanythingblog.com/entry/the-obama-administrations-ever-evolving-drop-dead-date-for-raising-the-debt-cap/) on the “drop dead” date for the national debt limit. It seems as though every month or so he writes to Congress about a specific date past which they dare not go without raising the debt cap, only to follow up with another letter setting another, later date.


But according to reports, the Treasury Department auctioned off enough US debt this week to take the country over the debt limit by Monday:
WASHINGTON -(Dow Jones) (http://www.nasdaq.com/aspx/stock-market-news-story.aspx?storyid=201105111542dowjonesdjonline000 477&title=treasury-auctions-to-take-us-over-debt-ceiling-on-monday) – The Treasury Department auctioned $56 billion in new debt Tuesday and Wednesday, enough to take the U.S. over its federal debt ceiling when the three- and 10-year notes settle on Monday.


Treasury officials last month flagged May 16 as the day the government would hit the $14.294 trillion debt limit.


The U.S. is selling $72 billion in new debt over three days this week. The Treasury auctioned $32 billion in three-year notes Tuesday and $24 billion in 10-year notes Wednesday, and will sell $16 billion in 30-year bonds Thursday. All of the auctions will settle Monday.
Call me a conspiracy theorist, but could this be a bit of political gamesmanship on the part of the Obama administration? Republicans are gearing up to make the debt cap debate their leverage point for big recessions on spending, budgeting and entitlement reforms. But if the debt cap “drop dead” date is forwarded to next week, Republicans won’t have any time to make their case.

And since even the most drastic budget cuts on the table still create trillions of dollars of deficits well into the future, the debt cap would have to be raised. Likely with little or no conditions.
Just like Obama wanted.

Uncle Bill
05-13-2011, 02:07 PM
Speaking of the MSP...here's the danger of listeners/readers ONLY having that form of media to follow. Like the many stations that use only the AP view of the story. It's like the Democrat talking points for the day on any given subject. What and who is directing this form of misinformation? At the very, least it must be considered as some form of governmental muzzeling of how these stories are to be reported by this sycophantic press. This is astounding when you consider the ramifications.

Be sure to clic on the the real revo for the accurate story, along with the various 'media' stories.

UB


Posted by ColdWarrior (http://new.retrievertraining.net/coldwarrior/) (Profile (http://new.retrievertraining.net/users/coldwarrior/))
Tuesday, May 10th at 2:13PM EDT


Seems the “news” editors of the Democrat Media do not want to let anyone know that the nice young man from Yemen who attempted to break into the cockpit of a passenger plane on Sunday night somewhere between Chicago and San Francisco shouted something as he ran to the cockpit door before trying to break through it. (Hat tip to MadBrad at TheRealRevo (http://therealrevo.com/blog/?p=45536) and NakedEmperorNews1.) Watch the compilation of “news” stories from around the country after the first two, local, news report clips.

No, those words would not suggest any motive, now, would they? Because the Democrat Media told us so.
Now, why would all those “news” editors of the Democrat Media leave out the words “Allah Akbar” when “reporting” about this “unruly passenger?”
Thank you.
For Liberty,
ColdWarrior