37 votes

Update: House Votes 285-144 To Raise Debt Ceiling 4 Months; Now Unlimited?

[The can has been kicked again.]
House votes to defuse debt limit crisis
House votes overwhelmingly to defuse debt crisis, decides to increase borrowing limit
By Andrew Taylor – 1-23-2013, 2:00 ET

WASHINGTON (AP) -- The House overwhelmingly passed a bill Wednesday to permit the government to borrow enough money to avoid a first-time default for at least four months, defusing a looming crisis setting up a springtime debate over taxes, spending and the deficit.

The House passed the measure on a bipartisan 285-144 vote as majority Republicans back away from their previous demand that any increase in the government's borrowing cap be paired with an equivalent level of spending cuts.
http://finance.yahoo.com/news/house-votes-defuse-debt-limit-...

[There is in fact no longer a numerical borrowing limit, since no new spending limit was put into this bill.]

HR 325
http://thomas.loc.gov/cgi-bin/query/z?c113:H.R.325:
"No cost estimate is available at this time." [Indeed]
http://www.gop.gov/bill/113/1/hr325

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The fact is these guys are all just CLUELESS

AND SCARED SH*TLESS...

The congress critters all know that the Titanic is GOING DOWN, and this vote is merely an obvious ploy to try to BUY MORE TIME.

Funny thing though, the cost of time, this late in the game, is way too high, it's like being in the super bowl, down by a touchdown with 80 yards to go and letting the clock run down the last 40 seconds and then calling a time out with just ONE SECOND LEFT ON THE CLOCK!

Sorry for the quick switch between analogies, but back to the Titanic, the rats are going to use their 4 months to start WW III or blame the Chinese or Oil Barrons for a financial 'sneak attack' that will get the blame for the wipe-out of old Americans life savings, and the permanent debt slavery of our future generations!

Fortunately I believe this 4 month delay will actually strengthen OUR hand in the coming debate, as it will give us time to 'gel' our resistance.

They are clueless as to how they can win this one. The stoopid Boehner, Ryan, Cantor, Preibus neocon rats are going to use their 4 months to try to sell compromise, and to try to make the liberty movement, the tea party, and the grass roots rank and file campaigners do what, feel guilty or unpatriotic of we don't commit suicide and give them our children as Chinese style forced labor?

There is a serious power struggle going on inside the party heirarchy at the national level. The seriousness of this power struggle can not be UNDERSTATED!

The establishment of the national GOP has 9/11 cover-up all over their hands. Should they all be brought down by their non-conservative political agenda and Mark Willis, Morton Blackwell, Ron Paul, Justin Amash or other legislators of the more constitutionally motivated will lead INEXORABLY to a real and honest investigation of the 9/11 FALSE FLAG EVENT and the many, many other FFE's that have been used by the establishment to effect their agenda as US policy, and also lead thinking people to the conclusion that Rush, Sean, Michael, and all of the other mainstream 'conservative' information sources HAVE KNOWN THE TRUTH AND BEEN COVERING IT UP for big money all these decades, and are ALL TRAITORS.

It's All a " DISTRACTION"

....From issues like: LIBOR SCANDAL, which is FACT not Conspiracy Theory.
.....Not to mention that we are running along WITHOUT a BUDGET.
THAT should be the REAL FOCUS by the people, instead we are
side-tracked by this "Debt Ceiling" BS!

ADD: GUN CONTROL...FAST & FURIOUS...BENGHAZI...and most notably:

OBAMA'S FAILURE TO ADDRESS THESE ISSUES.
GEITHNER'S EMAILS that show , while head of the Fed Reserve NY, he was AWARE of this..FACT; NOT Conspiracy Theory.

"Beyond the blackened skyline, beyond the smoky rain, dreams never turned to ashes up until.........
...Everything CHANGED !!

Old Bernanke had a farm

QE(eieio).

Try this:

DEBT LIMIT - A GUIDE TO AMERICAN FEDERAL DEBT MADE EASY:
http://www.youtube.com/watch?feature=player_embedded&v=Li0no...

Google-

Ulterior Motive...Maybe someone should publish a Pop-Up book.

Vegas?

Seriously, they would be better off creating as much money as possible and going to Vegas and placing it all on red or black....considering how things are going it would most likely land on double 0 lol

donvino

Jim "OO" Otto. All pro.

Oakland Raider canter: Jim "OO" Otto All pro 9 years. He held the line.

After holding the line playing ball, ran a restaurant profitably in Rocklin, California.

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

"Losing control of silver. Get me the War Department!" - PTB

[Rapidly crank dial phone]
PTB: Thelma, get me the War Depart... No. I can't wait. Now! [Dialing....]

War Department: Hello. War Department. May I direct your call?

PTB: You know who I am. Transfer me. And be quick about it.

War Department: Gen...

PTB: It's me. Platinum & Palladium are tracking together in a parallel universe... Mostly under $1700... No. Already offered cash incentives... Already set up a new casino in China.

Are you kidding me? ... Hong Kong... Shang Hai? They got caught with their laundry out!... $2 trillion, was it?... No charges. [Drum fingers on table.]

I don't have time to chat. You need to start some action... Anywhere!... Please?... Yes, I wait.

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

Cyril's picture

Oh that damn phone call...

A phone call made all too often, indeed.

In fact, they never hang up the damn phone any longer.

Hopefully, someday, they won't find any operator left willing to work for them.

Progress is good, in that direction. China is already handling most of the technical maintenance and spare parts.

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius

Your words ring eerily onto....

Well. Enough said.

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

Cyril's picture

I didn't mean to scare.

I didn't mean to scare. Though now I reckon my Freudian slip.

But as crazy as it may sound to some of us, I am confident.

Always prepare for the worst, hope for the best.

I have complete faith in the American people, even in the case another giant country I won't name would try to take advantage of an American collapse, even complete - institutional and economic; that will be for another post on another day.

But despite all negativity we woke up to, I have no doubt that the American people under the harshest cold shower would recover in no time, so to speak, as compared to other countries.

I will have to elaborate on that, and most of my points will sound new to many. But of course no fight is ever won in advance. This is maybe today we're preparing the best actually, even if we may think we represent almost nothing. But remember the forces of numbers are not everything. At all. See past History.

Till then, we can't but watch the traitors digging their own hole with some inconvenience for us.

Their posterity will be nothing but utter shame.

Let's just bear for now.

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius

Rs voting mostly FOR it, Ds mostly AGAINST. Huh?

Republicans: Aye: 199, Nay: 33
Democrats: Aye: 86, Nay: 111, not voting: 3

What's up with THAT?

= = = =
"Obama’s Economists: ‘Stimulus’ Has Cost $278,000 per Job."

That means: For each job "created or saved" about five were destroyed.

Boner doesn't have the nerves for ANOTHER battle, that's what!

Boner doesn't have the nerves for ANOTHER battle, that's what! The GOPers want to put some fresh air between the double-whammy -- Pharaoh's re-coronation and the fiscal cliff fiasco -- and the debt ceiling fight. Too many beatdowns in a row may look bad to the big money supporters.

"Cowards & idiots can come along for the ride but they gotta sit in the back seat!"

The Parties are gaming us.

The DEMS love borrowing and throwing other people's money in the money hole.

If passage would have been in doubt enough Dems would have switched to assure passage.

In the meantime the Naysayers will pander to constituents that do not want to borrow more without threatening the money spigot.

Free includes debt-free!

So we just hit

Fast Forward on the slow motion trainwreck. We are hopelessly helpless. And we could have had President Ron Paul.

This is the Congress he would have to work with.

They've been authoring this trainwreck for 25 years or more.

We keep voting these losers in, year after year. Ron Paul is not going to change their ways.

Free includes debt-free!

prepare for 90+ days of right-wing talk radio spin....

...listen for; "we're setting Obama and the Democrats up for the kill...." .... Their game, "we'll make the excessive spending HIS fault, his demand" because Obama just said they force him to sign spending bills....

This was overwhelmingly supported by Republicans...my rep Peter.Roskam voted for it tootoo...he was also on the steering committee that bounced Amash and the other 3 independent-minded fiscal conservatives off their committee posts as Boehner.was "sending a message" to OBEY!

We have so many Republicans to go after...but no resources, or energy, or drive; just excuses and bitching it seems....hopefully Ron Paul will fire us back up, and C4L will go huge with YOUTH to do it like Obama's done it!

We know we ARE majority opinion; this nation fiscal mess and lies by Republicans MUST be thrown overboard!!!! Dammit, I'm pissed!

We've just been punched in the face TWICE in 3 weeks by exponential spending increases by LYING Republicans....when are we going to get serious?

How should we spend our bankruptcy?

Let's blow it all on the same old crap we've always blown it on.

No doubt about it.... they

No doubt about it.... they are knowingly going to collapse the dollar and this country along with it. At this point in time I tend to believe it is so far gone nothing they could do can fix it anyway. Crazy times ahead....

Any Republican who voted Aye

Any Republican who voted Aye is no friend of Liberty.

Kerry Bentivolio, plus quite

Kerry Bentivolio, plus quite a few Texas repubs (minus my rep Louie Gohmert),

Southern Agrarian

No freeze on govt. spending, raises for everyone in the congress

More spending, talk of more "revenue", more uncertainty. How many trills will they add between now and May? Cover for everyone - everyone gets off the hook. What's so bad about sequestration anyway? Ron Paul would have cut 1 trillion - year one.

Is anyone surprised...

...by this turn of events? The can will continue to be kicked until collapse. There is no responsibility or accountability left in Congress or the Administration, expect for a handful of impotent senators and congressmen. And that is not enough to make a difference.

Sometimes I think to myself, lets accelerate to collapse ASAP, just so we can get it over with and rebuild...

chris future
---
http://freedombunker.com

Cyril's picture

You're right.

You're right.

"Is anyone surprised... by this turn of events?"

In all honesty: granted, not I.

What is kind of frightening to think of, is Dr. Ron Paul, most likely, lost all of his own "surprise" like ... 40 years ago, when almost nobody would get anywhere close to understanding what his warnings were about... (like, you know, shortly after August 15th, 1971...)

That, I find, is quite frightening. Retrospectively.

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius

What did they put in the pot to deserve the loan in Bankers eyes

-Our gun Rights?

-Any Gold left in Fort Knox?

-Nuclear weapon capabilities?

-A military operation to repossess assets or loot the undefended.

-Control of the Haarp Network

-Interstate 80-90.

-I wonder which Public works projects they covet most.

This scam was pulled in Michigan in 1837 to 1842.

So what does the Boy Governor, backed by the Legislature, do. Borrow money with no way to repay and no collateral.

The State spent the borrowed $5,000,000. They spent it on transportation, road, canals and ports.

When the Note came due the State was losing money on it's project and could not make payments. The State had been devastated by the Panic of 1837. The Federal debt in 1837 was $336,957.

So Our Legislature sold what it could for $2 million leaving the residents with a $3,000,000 debt.

From 1842 until 1904 in was illegal for the State of Michigan to engage in public works projects. This was thwarted by issuing State Bonds. That's another story.

The lie of the Constitution is that a Government deserved faith on matters of credit.

When the government sells Treasury Bills it is putting taxpayers of the future on the hook to creditors.

The proven ability of government is to find the money holes and dump taxpayer dollars into it.

Free includes debt-free!

Bly me!... Fix the dang roof!... At least tar it.

While the tar is still worm, look around that Capitol building for those asking to be feathered.
Tar and Feathers in Revolutionary America Benjamin H. Irvin, Brandeis University

In the spring of 1766, John Gilchrist, a Norfolk merchant and ship-owner, came to believe that Captain William Smith had reported his smuggling activities to British authorities. In retribution, Gilchrist and several accomplices captured Smith and, as he reported, "dawbed my body and face all over with tar and afterwards threw feathers on me." Smith's assailants, which included the mayor of Norfolk, then carted him "through every street in town," and threw him into the sea. Fortunately, Smith was rescued by a passing boat just as he was "sinking, being able to swim no longer."(1)

Tar and feathers was a very old form of punishment, but it does not appear to have ever been widely applied in England or in Europe.(2) Why Gilchrist and his allies chose to resurrect tar and feathers on this particular occasion historians can only surmise. Whatever their reasons, these Virginians inaugurated a new trend in colonial resistance, a trend that their New England neighbors would eagerly follow. Throughout New England, tar and feathers soon became the "popular Punishment for modern delinquents." By March, 1770, at least thirteen individuals had been feathered in the American colonies: eight in Massachusetts, two in New York, one in Virginia, one in Pennsylvania, and one in Connecticut. In all of these instances, the tar brush was reserved exclusively for customs inspectors and informers, those persons responsible for enforcing the Townshend duties on certain imported goods. Indeed, American patriots used tar and feathers to wage a war of intimidation against British tax collectors.

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

SteveMT's picture

Recommend lighter on the feathers & heavier on the tar.

These people march to the drumbeat of the bankers.

"Genteel?"

In these early days the victim was sometimes fortunate enough to be "genteely" tarred and feathered, that is, over the outer garments. Within Whig ideology, these personal assaults were warranted only because the colonists had been denied all legal avenues of redress, and they were justified only to the extent necessary to deter enforcement of customs duties. (From "Tar & Feather" link above)

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

Time To Move On

The Kabuki play is over. All cast members played their parts according to the script. Come back in April for Act II (unless cancelled by the upcoming financial collapse).

"Tar & Feathers in Revolutionary America" by Benjamin H. Irvin

Tar and Feathers in Revolutionary America" By Benjamin H. Irvin Brandeis University

Justified only to the extent necessary to deter enforcement of customs duties.

During this period of economic resistance, the practice of tarring and feathering began to take shape as a kind of folk ritual. The participants in this ritual usually consisted of sailors, apprentices, and young boys---those members of society who could be readily mobilized by protesting merchants. In these early days the victim was sometimes fortunate enough to be "genteely" tarred and feathered, that is, over the outer garments. Within Whig ideology, these personal assaults were warranted only because the colonists had been denied all legal avenues of redress, and they were justified only to the extent necessary to deter enforcement of customs duties.

This first tar and feathers campaign proved very successful. In conjunction with the nonimportation movement, tar and feather terrorism reduced Townshend duties' revenues below the costs of enforcement. In 1770, the British government recognized that the program was an abysmal failure, and it repealed the taxes on all imports but tea. As a result, the tarring and feathering of these loathed individuals came to a virtual halt. This is not to suggest, however, that the practice of tarring and feathering ceased entirely. To the contrary, tar and feathers had proven an effective deterrent, and patriot leaders quickly devised a new use for it. Before the repeal of the Townshend duties, when the colonists began to galvanize in their opposition to British taxes, Whig merchants coordinated a series of nonimportation agreements. To enforce these agreements, they then invoked the threat of tar and feathers. During this second phase of tarring and feathering, the practice changed significantly. Most notably, Boston mobs began to tar and feather an individual's property and effects rather than his body. Several persons' homes were tarred and feathered, as was at least one merchant's store. In Marlborough, a crowd went so far as to tar and feather the horse of merchant Henry Barnes.

As the possibility of war grew imminent, however, Boston leaders began to feel that they could no longer control the violent impulses of the mob. In the wake of the incendiary Tea Party, tarring and feathering mobs nearly killed a crotchety old British official named John Malcom, and they also assaulted four men who had stolen hospital blankets. Meanwhile, back in England, King George III watched indignantly as impertinent colonists abused his agents and officials. In Parliament, where debates raged over how best to punish the Bostonians, one member argued that "Americans were a strange sett of people, and that it was in vain to expect any degree of reasoning from them; that instead of making their claim by argument, they always chose to decide the matter by tarring and feathering."

Tar & Feather festival.

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul