[alaska_freedom]

You have to watch the video below


FOX NEWS REPORT
Rule Titled 'Martial Law' To Be issued By Rules Committee For New Debt Bill

This is the new tactic that TPTB plan on using to obtain their goal.
Obama can also use PDD51 or other Executive Orders provided to him under Pandemic Level 6 (which was extended by Obama until March of 2012) to raise the debt ceiling.
Pandemic Level 6 gives them all they need to do what ever they want, we are technically in a silent martial law.

Pandemic Level 6 (avian influenza H5N1)
What is going on?????????????????

There are also threats of canceling Social Security, Veterans benefits,soldiers pay, federal workers, housing, morgages,student loans,food stamps, medicaid, medicare, senior care,foster care, disability checks, on and on.
.

 

[MP76]

hide ya kids...
hide ya wife.

Seriously though....this happened 5 years ago too...
http://www.cbpp.org/cms/?fa=view&id=548

This extraordinary procedure is known as a “martial law” rule because it suspends the normal procedures and safeguards and allows the House Leadership to operate in a more authoritarian fashion. It enables the Leadership to seek to ram a bill or conference report through before the Members have the opportunity to fully understand what they are voting on.

Under the martial law procedure, longstanding House rules that require at least one day between the unveiling of significant legislation and the House floor vote on that legislation — so that Members can learn what they are being asked to vote on — are swept away. Instead, under “martial law,” the Leadership can file legislation with tens or hundreds of pages of fine print and move immediately to debate and votes on it, before Members of Congress, the media, or the public have an opportunity to understand fully what provisions have been altered or inserted into the legislation behind closed doors.

Thank You for posting....very interesting.
Gotta wonder why they named it that...a real head scratcher there...

 

[Doc_Shane]

Osama-care was done this way so there is definite precedent from the Idiot In Chief and the Party.

Democrats- the new ruling class.

 

[Rascals]

Food stamps canceled yaaaahh=== And how about welfare. That would be good results if they stooped paying those. How about any benefits to illegals ? That would be a good start. I wonder how much we could save by not paying illegals alone.

 

[merlinfire]

To the OP: I'd say its semantics.

 

[Von Bohmen]

By law they have to pay social security. There is still money coming in, no matter how they act.

 

[LuniticFringeInc]

Apparently by law the current administration can do what ever they want through one means or another and have proven a willingness to do so if thats what it takes.

 

[angeryamerican]

All the panic over social security cracks me up. I mean for years the Democrats have said that SS is solvent, and in a "lock box". If either of those were true, then why would this debt issue be a concern to it? Why do we need to barrow money to pay for a program that is solvent and self funded?

I guess all that is a crock and these programs are not solvent or in a lock box. Bunch of BS!

 

[camsoup]

All the panic over social security cracks me up. I mean for years the Democrats have said that SS is solvent, and in a "lock box". If either of those were true, then why would this debt issue be a concern to it? Why do we need to barrow money to pay for a program that is solvent and self funded?

I guess all that is a crock and these programs are not solvent or in a lock box. Bunch of BS!

The crock is that they are just using the "omg social security is in jeopardy if we don't raise the debt limit" as a scare tactic to try to get the public on their side. SS is at no risk because of the debt ceiling.

 

[RDJ]

SS

The SS Trust fund has a surplus of IOU's from the federal govt. Other than that it's empty and currently running in the red (outflow surpass inflows due to unemployment). The IOU's can't be repaid if the govt can't borrow.

The real question is: who is stupid enough to lend depreciating dollars to the federal gov't at current rates, thus generating a negative real return. Answer: only the group in charge of printing said dollars. When they increase the debt ceiling, BTFD.

Secondary answer. Rates are going higher regardless.

/RJ.