The U.S. Debt has remained the exact same for 56 days-- just under the legal limit. Are we buying this?

OPP Newsletter

http://cnsnews.com/news/article/treasury-debt-has-been-exactly-1669939600000000-56-days

CrazyHorse Loc: Kansas

OPP Newsletter wrote:

http://cnsnews.com/news/article/treasury-debt-has-been-exactly-1669939600000000-56-days

Quid Pro Quo, OPP Newsletter:

How could the value of extant U.S. Treasury Securities increase by $51.586 billion during a 56-day period when the federal governments debt subject to the legal limit set by Congress has remained constant at $16,699,396,000,000.00just $25 million below the legal limit? Answer: They lie and are illegal.
....

If that prediction is correct, it will mean that the Daily Treasury Statement will continue to peg the debt subject to limit of the United States at exactly $16,699,396,000,000.00or just $25 million below the legal limitfor another month and a half.

If the Treasury then says, sometime in September, that it can no longer hold the debt subject to limit at exactly $16,699,396,000,000.00 but must default on the bills of the federal government if the Republican-controlled House of Representatives does not v**e to increase the legal debt limit, the Treasury will then be forcing a battle with the Republican House over the debt limit at the same time that the current continuing resolution, which funds the government until Sept. 30, is set to expire.

In his May 18 letter, Lew warned Boehner that the Obama administration would not negotiate with the House to curtail spending in exchange for giving Obama new authority to borrow additional money.

I want to reemphasize what the president has said repeatedly regarding any threats to cause default in order to extract policy concessions from the Administration, Lew warned. We will not negotiate over the debt limit.

Tomorrow, the U.S. Treasury will again report that the public debt subject to limit is exactly $16,699,396,000,000.00.

Well there you have it. OIllegal intends to spend us into oblivion. If the debt limit is not increased, the Constitution has a remedy, and it requires the debt to be debt serviced first, out of revenues to the Government. So, OIllegal will either force Boehner to raise the debt limit, or if the House refuses, OIllegal will just thumb his nose at the Constitutional requirements, and just keep spending money; you can count it. Times are bad and he needs to buy more v**es you understand.

The Marxist/Muslim usurper paying tribute to our National Pledge of Allegiance

Criminals at Large - America, caveat emptor

Worried for our children Loc: Massachusetts

CrazyHorse wrote:

Quid Pro Quo, OPP Newsletter:

How could the value of extant U.S. Treasury Securities increase by $51.586 billion during a 56-day period when the federal governments debt subject to the legal limit set by Congress has remained constant at $16,699,396,000,000.00just $25 million below the legal limit? Answer: They lie and are illegal.
....

If that prediction is correct, it will mean that the Daily Treasury Statement will continue to peg the debt subject to limit of the United States at exactly $16,699,396,000,000.00or just $25 million below the legal limitfor another month and a half.

If the Treasury then says, sometime in September, that it can no longer hold the debt subject to limit at exactly $16,699,396,000,000.00 but must default on the bills of the federal government if the Republican-controlled House of Representatives does not v**e to increase the legal debt limit, the Treasury will then be forcing a battle with the Republican House over the debt limit at the same time that the current continuing resolution, which funds the government until Sept. 30, is set to expire.

In his May 18 letter, Lew warned Boehner that the Obama administration would not negotiate with the House to curtail spending in exchange for giving Obama new authority to borrow additional money.

I want to reemphasize what the president has said repeatedly regarding any threats to cause default in order to extract policy concessions from the Administration, Lew warned. We will not negotiate over the debt limit.

Tomorrow, the U.S. Treasury will again report that the public debt subject to limit is exactly $16,699,396,000,000.00.

Well there you have it. OIllegal intends to spend us into oblivion. If the debt limit is not increased, the Constitution has a remedy, and it requires the debt to be debt serviced first, out of revenues to the Government. So, OIllegal will either force Boehner to raise the debt limit, or if the House refuses, OIllegal will just thumb his nose at the Constitutional requirements, and just keep spending money; you can count it. Times are bad and he needs to buy more v**es you understand.

Quid Pro Quo, OPP Newsletter: br br How could the... (show quote)

Per usual, great post Crazy. I'm going with the latter part of your statement, 'O' will ignore the constitution and he will progress toward his agenda of turning this country into a third world dump. The mid terms can not get here soon enough for me. From there we will have a clearer picture as to the destination of this country. May God shed his grace on thee.