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US Dipping into Pensions as it Hits Debt Limit
05-18-2011, 02:44 PM #1
Shadow Mrs. Buckwheat
Posts:12,782 Threads:1,182 Joined:Feb 2011
U.S. Treasury Secretary Timothy Geithner told Congress he would start tapping into federal pension funds on Monday to free up borrowing capacity as the nation hits the $14.294 trillion legal limit on its debt.

http://www.cnbc.com/id/43046240

DOW positive!! gaah.gif
05-18-2011, 03:14 PM #2
JayRodney ⓐⓛⓘⓔⓝ
Posts:31,283 Threads:1,438 Joined:Feb 2011
Quote:Geithner reiterated previous pleas for action. "I again urge Congress to act to increase the statutory debt limit as soon as possible," he said.

More of the same crippling theft, along with huge oil spikes caused by speculators and petroleum wars that were designed to last 50 years, and the DOW sucks it up? 37.gif

Of course, most know the Dow is rigged to begin with and this little upswing will draw a few gamblers from the woodwork so the house can take their money. The markets are like the banks, why get involved with them?

The cards are stacked against us.

Honestly, I've outgrown the illusion of the need for material possessions that require a loan. If I have to resort to that, I don't really need it.

We should all work towards the goal of being worthless to the banks, corporations and big pharma. A boycott of these unnecessary "institutions" is one of many peaceful ways in which we can affect change and bring down this corrupt system that their mouthpieces politicians have forced on us against our will.

wonder.gif
05-18-2011, 03:58 PM #3
Kreeper Griobhtha
Posts:10,601 Threads:635 Joined:Feb 2011
Didn't we just have a thread about this or have I had another slip?

13.gif


It's hard to keep up sometimes. If I did have another slip, I just changed things because this isn't what I posted last time.

damned.gif

I am not your rolling wheels, I am the highway
I am not your carpet ride I am the sky
I am not your blowing wind, I am the lightning
I am not your autumn moon, I am the night
The night
05-18-2011, 04:30 PM #4
JayRodney ⓐⓛⓘⓔⓝ
Posts:31,283 Threads:1,438 Joined:Feb 2011
rofl.gif We did.

It's Deja Vu all over again. http://kritterbox.com/showthread.php?tid...ht=federal

wonder.gif
05-18-2011, 05:38 PM #5
yankees skier
Posts:5,898 Threads:215 Joined:Feb 2011
Raiding all the nest eggs.

Biere.
05-18-2011, 05:52 PM #6
Accidental Stoner Member
Posts:8,819 Threads:70 Joined:Feb 2011
"Debt limit" mbwahhahhahhahhahh!!!

Right there among the unicorns, gnomes and fur-fish.
05-18-2011, 06:08 PM #7
JayRodney ⓐⓛⓘⓔⓝ
Posts:31,283 Threads:1,438 Joined:Feb 2011
I actually went out with what I can only describe as a fur fish once. Thats as much time as I'm willing to devote to that subject. rofl.gif

wonder.gif
05-18-2011, 06:08 PM #8
Accidental Stoner Member
Posts:8,819 Threads:70 Joined:Feb 2011
(05-18-2011, 06:08 PM)JayRodney Wrote:  I actually went out with what I can only describe as a fur fish once. Thats as much time as I'm willing to devote to that subject. rofl.gif

blink.gif
05-18-2011, 10:15 PM #9
Kreeper Griobhtha
Posts:10,601 Threads:635 Joined:Feb 2011
(05-18-2011, 06:08 PM)JayRodney Wrote:  I actually went out with what I can only describe as a fur fish once. Thats as much time as I'm willing to devote to that subject. rofl.gif

You dated a monkey with a yeast infection? Have you no dignity? What kind of frog would do such a thing?


rofl.gif

I am not your rolling wheels, I am the highway
I am not your carpet ride I am the sky
I am not your blowing wind, I am the lightning
I am not your autumn moon, I am the night
The night



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