Thread: Hope we have a resolution to the debt crisis over the weekend otherwis we are screwed

The debt ceiling bill has passed the house.

Sounds like Gabby Giffords was on hand to vote. That was a pleasant surprise.

Originally Posted by Happy Trails

The debt ceiling bill has passed the house.

You are not going to believe this- ..... but:

I just checked the House record, and the only vote held tonight was NOT the debt ceiling bill.

Take a look at this- the official record of what took place:

9:25 P.M. - On motion to adjourn Agreed to by voice vote. The House adjourned pursuant to a previous special order. The next meeting is scheduled for 10:00 a.m. on August 2, 2011.
Mr. King (IA) moved that the House do now adjourn.

7:36 P.M. - SPECIAL ORDER SPEECHES - The House has concluded all anticipated legislative business and has proceeded to Special Order speeches, without prejudice to the possible return to legislative business.
7:34 P.M. - Mr. Poe (TX) asked unanimous consent That when the House adjourns on Monday, August 1, 2011, it adjourn to meet at 10:00 a.m. on Tuesday, August 2, 2011. Agreed to without objection.
7:33 P.M. - Congressional-Executive Commission on the People's Republic of China - Pursuant to 22 U.S.C. 6913, and the order of the House of January 5, 2011, the Speaker appointed Mr. Smith, New Jersey, Chairman .
H.R. 2480: to amend title 5, United States Code, to authorize appropriations for the Administrative Conference of the United States for fiscal years 2012, 2013, and 2014, and for other purposes
7:32 P.M. - On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 382 - 23 (Roll no. 691). Motion to reconsider laid on the table Agreed to without objection.

7:16 P.M. - Considered as unfinished business.
H. Con. Res. 70: correcting the enrollment of S. 365
7:15 P.M. - Motion to reconsider laid on the table Agreed to without objection. On agreeing to the resolution Agreed to by voice vote.
Considered as privileged matter.

S. 365: to make a technical amendment to the Education Sciences Reform Act of 2002
7:08 P.M. - Motion to reconsider laid on the table Agreed to without objection. On passage Passed by recorded vote: 269 - 161 (Roll no. 690).

6:49 P.M. - Call of the House Quorum responded: 419 present (Roll no. 689).
S. 365: to make a technical amendment to the Education Sciences Reform Act of 2002
6:26 P.M. - The previous question was ordered pursuant to the rule.
5:01 P.M. - DEBATE - The House proceeded with one hour of debate on S. 365.
5:00 P.M. - Rule provides for consideration of S. 365 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. Bill is closed to amendments. The amendment in the nature of a substitute printed in the report of the Committee on Rules accompanying this resolution shall be considered as adopted. All points of order against provisions in the bill, as amended, are waived. Considered under the provisions of rule H. Res. 384.

Now, when you look at the record, that was roll call vote number 690 that scored a 269-161 vote for passage.

But what actually WAS vote 690 on?

It turns out roll call 690 was on a COMPLETELY DIFFERENT BILL. It was on a technical amendment to the Educational Sciences bill.


Folks- I may be a conspiracy theorist, but I just think the entire nation was subject to a flim-flam maneuver.


Somebody please prove me wrong. Please. Show me what bill and what vote number in the record is this so-called debt ceiling bill they supposedly passed.

PLEASE show me.


Bueller?

source: http://thomas.loc.gov

Balancing the Household Budget, One Sacrifice at a Time

http://www.cnbc.com/id/43974069

If it were up to you, where would you cut back?

Asian markets down strongly on the U.S. debt vote.

Japan now down 118.43 (-1.19%)

Originally Posted by James48843

Asian markets down strongly on the U.S. debt vote.

Japan now down 118.43 (-1.19%)

Which is kind of funny. Yesterday without a vote but the pretense of passage Asia and Europe where up big. So it passes the House (barely) and now the market is down. Does the Senate have a choice?

Originally Posted by James48843

Folks- I may be a conspiracy theorist, but I just think the entire nation was subject to a flim-flam maneuver.


Somebody please prove me wrong. Please. Show me what bill and what vote number in the record is this so-called debt ceiling bill they supposedly passed.

PLEASE show me.

I think it's increasingly obvious it was indeed a 'Game' all along - a flin-flan manueuver is the same expression.

There is nothing I would more 'wish for' than to prove you wrong. All the thousands of programs in place were probably largely essential when established for that particular time and the politicians of 'old' more than likely had the best of intentions and everything was largely for the best interests of the whole.

But everything has become corrupted and every program has balloned way beyond what it was meant to be. More and more loop holes have been found with every single one and the rewards these programs offer have in turn largely influenced people to live their lives in such a way that they can take advantage of these programs. In 1976 I joined the Army - as it appeared the GI Bill (that pays for college) would end that year - so to me that was huge.

Anyway - these programs are more and more the livlihood by which many exist and so many are tied to these programs that 'Politicians' are powerless to deal with them. The uproar by the masses would be political suicide. So the only thing they have left to do is 1. Campaign for money and 2. Do all things possible to make the opposing party take the blame for all the wrong.

Well if I were to show you anything - or to prove anything - it would be how Debt itself is going to ruin the USA and how Politics over the years is way more based on hiding the pain and putting on a 'good face'. Their ultimate JOB is to provide the population with comfort and to keep the population from 'pain' - which translates to keeping the present population 'happy' and letting the inevitable fall on a future generation. DEBT from the USA's perspective is best handled by more Debt because that is the most pain free solution for todays' population and that keeps all the benefits flowing.

Japan and the other countries around the world are not nearly as concerned about 'raising the Ceiling Debt' as they are the Debt itself and the USA taking the rest of the world down with them. The fear - others have towards the USA is nothing like it use to be - they can see what's happening.

Raising the ceiling debt does not change the underlying fundamentals by which the Markets are based - it simply keeps a certain population employed and keeps the programs supplying the perks people have come to depend on.

All I have to say.....



And as we can see they are already here!

Senate passes debt ceiling bill- by a vote of 74-26.

http://www.cspan.org/Events/Senate-P...10737423213-6/

Originally Posted by James48843

Senate passes debt ceiling bill- by a vote of 74-26.

http://www.cspan.org/Events/Senate-P...10737423213-6/

That vote has really calmed the markets....... NOT!

http://blogs.marketwatch.com/thetell...y-sell-signal/

Yup, and the S&P will confirm with a solid close below it's 200MA... a trigger signal for many traders... now what...