I can just hear them saying, "Please, please let it true the Repuglicans made a huge mistake and they simply don't know how to get out of it." Cowards. The media is playing cowards. Nothing is further from the truth. All of a sudden Americans are suppose to have SYMPATHY for the Repuglicans. I don't think so.
By Ezra Klein, Published: October 2 at 2:58 pm
Ezra Klein: So, do you think a shutdown is good for the issues and ideas you’re trying to push? (click here)
Grover Norquist: Not necessarily. I think the original plan for the Republicans was to move the continuing resolution past the debt ceiling and then to sit down with Obama and decide whether he would be willing to trade some relaxation of the sequester for significant reforms of entitlements. That was something Obama might well do. Democrats in the House and the Senate are very concerned about caps and limits in sequestration. Republicans could get significant long-term entitlement reform -- all on the spending side, I’m assured by leadership -- for some relaxation of sequester....
The Repuglican Agenda has not and WILL NEVER change. They rather over throw the government than give up on their ideologies. Are you kidding me? The Kochs are counting on the federal government never opening again, "Good-bye EPA!"
The Government Shutdown is about the Repuglican Agenda and PLATFORM, they have no intentions of ending it. No one sees this for what it is. There is no bargaining chip here, either the Repuglicans believe in democracy or they don't and quite frankly they never have.
A democracy is about people. Repuglicans are about MONEY and control.
I thought Bernanke was suppose to leave in September, what happened there? Does anyone stop to realize what happened under Bernanke?
October 3, 2013
...Prior to that date (Lehman's Collapse), (click here) the Federal Reserve held around $500 Billion in Treasury bonds, and today, it holds around $2 Trillion of them, an increase of $1.5 Trillion. The Fed wasn’t holding any mortgage-backed securities (MBS), and it now holds $1.2 Trillion of them. Since the crisis started, the Fed has thus acquired from the federal government (Treasury bonds) and the banks (MBSs) a total of $2.7 Trillion of assets (1.500 + 1.200)....
In 2008, there was TARP. It was suppose to cure all the ills of the banks, it was going to compensate for all the MBS. It was suppose to bail them out. That didn't happen and today the Fed now owns a huge chunk of them. What the heck did we bailout the banks for if the MBS weren't the issue? They could not have been the issue, otherwise, that would have been resolved before QE 1, 2 and 3.
What did the banks get the money for?
The day before the government shut down, this took place!
CONTRACTS
DEFENSE LOGISTICS AGENCY
Pratt & Whitney, East Hartford, Conn., (click here) has been awarded a maximum $2,500,000,000 firm-fixed-price contract for various weapons systems spare parts. This contract is a sole-source acquisition. Location of performance is Connecticut with a Sept. 30, 2018 performance completion date. Using military services are Army, Navy, Air Force, and Marine Corps. Type of appropriation is fiscal 2014 defense working capital funds. The contracting activity is the Defense Logistics Agency Aviation, Richmond, Va., (SPE4AX-13-D-9424).
BAE Systems Aerospace & Defense Group, Phoenix, Ariz., has been awarded a maximum $65,972,500 firm-fixed-price, indefinite-delivery/indefinite-quantity contract for procurement of lightweight, advanced combat helmets. This contract was a competitive acquisition and five offers were received. This is a two-year base contract with no option year periods. Locations of performance are Arizona and Pennsylvania with an Aug. 30, 2015 performance completion date. Using military services are Army, Navy, Air Force, and Marine Corps. Type of appropriation is fiscal 2013 defense working capital funds. The contracting activity is the Defense Logistics Agency Troop Support, Philadelphia, Pa., (SPM1C1-13-D-1071)....
I am pretty sure I know what this government is about and it ain't US. See, the Repuglicans are all set now. They don't have worry about anything. Their banks are in bed with the Fed, their regulators are on furlough and their military interests were bailed out the day before the GOP walked out on the nation.
$5 Billion in weapons sales were bailed out the day before the shutdown and Speaker Boner doesn't know why they are on shut down and wants to blame Obama? Really? And the American Public? Mislead, yet again? It would seem to be the case. See, the Repuglicans are sitting pretty and could not care less about anything except playing politics and bankrupting the nation on a Democratic President's watch and we are all suppose to feel sorry for them because they have themselves painted in a corner.
I don't think so.
This is the best part, though. That press release has an interesting date and time, wouldn't you say?
By Ezra Klein, Published: October 2 at 2:58 pm
Ezra Klein: So, do you think a shutdown is good for the issues and ideas you’re trying to push? (click here)
Grover Norquist: Not necessarily. I think the original plan for the Republicans was to move the continuing resolution past the debt ceiling and then to sit down with Obama and decide whether he would be willing to trade some relaxation of the sequester for significant reforms of entitlements. That was something Obama might well do. Democrats in the House and the Senate are very concerned about caps and limits in sequestration. Republicans could get significant long-term entitlement reform -- all on the spending side, I’m assured by leadership -- for some relaxation of sequester....
The Repuglican Agenda has not and WILL NEVER change. They rather over throw the government than give up on their ideologies. Are you kidding me? The Kochs are counting on the federal government never opening again, "Good-bye EPA!"
The Government Shutdown is about the Repuglican Agenda and PLATFORM, they have no intentions of ending it. No one sees this for what it is. There is no bargaining chip here, either the Repuglicans believe in democracy or they don't and quite frankly they never have.
A democracy is about people. Repuglicans are about MONEY and control.
I thought Bernanke was suppose to leave in September, what happened there? Does anyone stop to realize what happened under Bernanke?
October 3, 2013...Prior to that date (Lehman's Collapse), (click here) the Federal Reserve held around $500 Billion in Treasury bonds, and today, it holds around $2 Trillion of them, an increase of $1.5 Trillion. The Fed wasn’t holding any mortgage-backed securities (MBS), and it now holds $1.2 Trillion of them. Since the crisis started, the Fed has thus acquired from the federal government (Treasury bonds) and the banks (MBSs) a total of $2.7 Trillion of assets (1.500 + 1.200)....
In 2008, there was TARP. It was suppose to cure all the ills of the banks, it was going to compensate for all the MBS. It was suppose to bail them out. That didn't happen and today the Fed now owns a huge chunk of them. What the heck did we bailout the banks for if the MBS weren't the issue? They could not have been the issue, otherwise, that would have been resolved before QE 1, 2 and 3.
What did the banks get the money for?
The day before the government shut down, this took place!
CONTRACTS
DEFENSE LOGISTICS AGENCY
Pratt & Whitney, East Hartford, Conn., (click here) has been awarded a maximum $2,500,000,000 firm-fixed-price contract for various weapons systems spare parts. This contract is a sole-source acquisition. Location of performance is Connecticut with a Sept. 30, 2018 performance completion date. Using military services are Army, Navy, Air Force, and Marine Corps. Type of appropriation is fiscal 2014 defense working capital funds. The contracting activity is the Defense Logistics Agency Aviation, Richmond, Va., (SPE4AX-13-D-9424).
BAE Systems Aerospace & Defense Group, Phoenix, Ariz., has been awarded a maximum $65,972,500 firm-fixed-price, indefinite-delivery/indefinite-quantity contract for procurement of lightweight, advanced combat helmets. This contract was a competitive acquisition and five offers were received. This is a two-year base contract with no option year periods. Locations of performance are Arizona and Pennsylvania with an Aug. 30, 2015 performance completion date. Using military services are Army, Navy, Air Force, and Marine Corps. Type of appropriation is fiscal 2013 defense working capital funds. The contracting activity is the Defense Logistics Agency Troop Support, Philadelphia, Pa., (SPM1C1-13-D-1071)....
I am pretty sure I know what this government is about and it ain't US. See, the Repuglicans are all set now. They don't have worry about anything. Their banks are in bed with the Fed, their regulators are on furlough and their military interests were bailed out the day before the GOP walked out on the nation.
$5 Billion in weapons sales were bailed out the day before the shutdown and Speaker Boner doesn't know why they are on shut down and wants to blame Obama? Really? And the American Public? Mislead, yet again? It would seem to be the case. See, the Repuglicans are sitting pretty and could not care less about anything except playing politics and bankrupting the nation on a Democratic President's watch and we are all suppose to feel sorry for them because they have themselves painted in a corner.
I don't think so.
This is the best part, though. That press release has an interesting date and time, wouldn't you say?
| FOR RELEASE AT 5 p.m. ET | No. 695-13 September 30, 2013 |
