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Tell us about how the disastrous cuts are disrupting your lives.
Is your community collapsing around you?
Have store shelves been cleared of goods as people hunker down in the wake of Obama’s warnings?
Have the airports closed? Are entrances to national parks blocked? Are schools closed? Are fires burning uncontrollably due to furloughed firefighters?
barry is such a loser and hopefully is minions are finely catching on.
Location: Huntersville/Charlotte, NC and Washington, DC
26,700 posts, read 41,742,544 times
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Quote:
Originally Posted by Inoxkeeper
Please report in!
Tell us about how the disastrous cuts are disrupting your lives.
Is your community collapsing around you?
Have store shelves been cleared of goods as people hunker down in the wake of Obama’s warnings?
Have the airports closed? Are entrances to national parks blocked? Are schools closed? Are fires burning uncontrollably due to furloughed firefighters?
barry is such a loser and hopefully is minions are finely catching on.
Ummmm....... I think you are a little early to the party here.
I live near the epicenter and from all I see business as usual, traffic going into DC still sucks.
It hasn't happened yet. Obama has until mid-night to sign it. You won't feel/see much until at least 30 days later. In that 30 days there will be a lot of moaning and b*tching about who's fault is it and what to do to turn it around. Just like what we have been hearing/reading about up until now. Not much will change yet.
From what I heard on the news, the sequestration hasn't kicked in yet.
First, obama must sign the paperwork. He must do that before 11:59 PM tonight.
Then, some bureaucracy in Washington has to send the detailed budget cuts to Congress (the news said which office it was, but I don't remember).
So, maybe tomorrow or the next day we will know what must be cut, and THEN we can try to figure out what the effect (if any) will be on us as individuals.
However, there is always a chance (no matter how slim) that a compromise will be reached, both parties will decide to do what is right FOR THE COUNTRY, and all will be well.
“We are spending money we don’t have,” Mr. Bloomberg explained. “It’s not like your household. In your household, people are saying, ‘Oh, you can’t spend money you don’t have.’ That is true for your household because nobody is going to lend you an infinite amount of money. When it comes to the United States federal government, people do seem willing to lend us an infinite amount of money. … Our debt is so big and so many people own it that it’s preposterous to think that they would stop selling us more. It’s the old story: If you owe the bank $50,000, you got a problem. If you owe the bank $50 million, they got a problem. And that’s a problem for the lenders. They can’t stop lending us more money.”
When did we last hear this "Too big to fail argument"? Yes in 2008 in we were told that the banks were too big to fail right when they were about to fail.
So no, there is not going to be the gnashing of teeth the homeless out on the streets and the airports shut down as some tried to scare us into believing but bad things are going to happen as long as we continue to allow people like Bloomberg run things.
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