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Sat Oct 12, 2013, 11:39 AM

16 Ways Default Will Totally Screw Americans

By Dana Liebelson - Oct. 10, 2013



1. Social Security payments will be delayed, possibly cut. According to President Obama, in the event of a default the US government will have no choice but to delay Social Security checks. The government owes $12 billion in Social Security payments on October 23 and an additional $25 billion on November 1. At some point between October 22 and November 1, the BPC predicts that the US government will have exhausted its borrowing power and will either have to start severely delaying its bills or sort through the millions of different payments it makes each month—on everything from national parks to the FBI—to figure out which ones to stop paying. That's when Social Security could see sustained cuts.

2. Federal employees will be screwed…even more. Furloughed federal employees haven't been paid since the government shutdown began on October 1. Congress is unlikely to end the shutdown without raising the debt limit, meaning furloughed staffers would be unlikely to receive paychecks anytime soon.

3. Pay and benefits for military service members and veterans will be delayed, possibly cut. The US government owes $12 billion in pay to active and retired military service members on November 1. Those payments will be delayed if the government runs out of money before then, and potentially cut, depending on which bills the US decides to pay.

4. Medicare and Medicaid checks will be delayed, possibly cut. The US government owes $2 billion in Medicaid payments on October 30 and $18 billion in Medicare payments on November 1. Same deal: If the government runs out of cash before then, payments will be delayed, or put on the chopping block with everything else.


Kept within 4 paragraphs to match DU rules. Much more at the link, showing it will be impossible to recover from default, yet the GOP thinks this is a great idea. They want a civil war, and this is how they want to get one, but many won't survive this. It is a manufactured crisis, there is not country in the world that wants this.

http://www.motherjones.com/politics/2013/10/16-ways-not-raising-debt-ceiling-will-screw-americans

With thanks to Mira who posted the Mother Jones link in GD. You can go to enter that discussion, I added more information:

http://www.democraticunderground.com/10023834604

I'm not posting to frighten DUers at the BOG, but as information to prepare yourselves for the worst, if it happens. Keep letting your family, friends and neighbors know this is a manufactured crisis by the GOP, and not, as media is still telling them, the fault of Obama, the Democrats or the American people.

They have been calling for a civil war for a long time now. This is their coup coming to pass if we can't stop it happening.

I will add more details in posts below.

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Response to freshwest (Original post)

Sat Oct 12, 2013, 11:43 AM

1. Debt Ceiling: 'Chaotic' choices on 100 million payments

Less than ten days away, the scenario described here is what the GOP wants:

Debt Ceiling: 'Chaotic' choices on 100 million payments

By Jeanne Sahadi - January 7, 2013

If Congress doesn't raise the debt ceiling soon, the Treasury Department will be forced to make drastic, no-win decisions on how to honor tens of millions of legally owed payments every month...

Prioritizing interest payments means Treasury must choose from more than 100 million monthly payments and would not be able to pay 40% of the dollars owed...


Much more at link:

http://money.cnn.com/2013/01/07/news/economy/debt-ceiling/index.html

Those expecting veteran benefits will lose those in November through shutdown or with default:

5 million will lose veterans' benefits next month if shutdown stretches to November


http://www.democraticunderground.com/?com=view_post&forum=1014&pid=616482

Rand Paul says default can be 'framed as a reasonable idea' and Tom Coburn wants to default to face a 'managed catastrophe.'

http://www.democraticunderground.com/?com=view_post&forum=1002&pid=3820816

To which I said:

A 'managed catastrophe' by these gangsters? We're officially in hell!



Why the people of the USA aren't in the offices of these gangsters protesting right now, proves the power of media.

They will blame Obama, the poor, the disabled, the elderly and any 'others,' instead of the GOP.

The long term chaos will benefit the GOP in 2014. as people forced to move, translates into them being unable to vote.

On the bright side, at that point, they will all be able to qualify for government assistance living where and how they do not want.

But anyone who has paid much attention to politics since the Tea Party gained power in 2010, knows that FOAD is their answer to those who need assistance.

All of this coming from a man-made disaster that does not have to happen.

http://upload.democraticunderground.com/10023822515

Just more information, of what the Treasury is trying to figure out in the face of this insanity. They've been doing this all year while the GOP has played this game, causing the pain, even after the Sequester. The Teabaggers are hell bent on their dystopia.

They want to do a Shock and Awe, and it will be unexpected to many. The media has kept this out of the public eye, not putting blame where it belongs for this Koch brothers disaster now staring so many of us in the face.

I posted some positive solutions, not sure if it's too late. The USA will never again entertain the progressive social issues we thought important as it is divided up into fiefdoms.

Here is another, if you are interested in reading this:

Nearing the Eve of Destruction, will this be Obama's Winning Hand?


http://www.democraticunderground.com/110218172

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Response to freshwest (Original post)

Sat Oct 12, 2013, 12:20 PM

2. Remember, these are the same folks who went right along...

...with Bush and Cheney's war lies and fell all over each other getting us into Iraq, an expense which cost some million lives and $3 to $6 trillion. That's right, Republicans got us into a bogus war to be paid for with money we didn't have.

$3 to $6 trillion.

Not to mention Bush's tax cuts for the rich that were supposed to "create jobs." That didn't work, even though they still claim it does. The rich hid their money in offshore accounts.

And money to bailout criminal bankers and Wall Street brokers...with bonuses.

If they want money to pay down the debt, then they can just get it from themselves.

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Response to KansDem (Reply #2)

Sat Oct 12, 2013, 05:13 PM

5. Ain't that the truth.. I was reading Cheney's interview with Tim Russert just before the invasion

of Iraq... The lies that man told! And Russert specifically asked him if taxes would be raised to pay for the war and that was the one goddam thing he didn't lie about when he said "no" but went on to lie about Iraq's oil reserves paying for the war.

The Republicans bought the bullshit, most of us were skeptical at least.

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Response to freshwest (Original post)

Sat Oct 12, 2013, 12:23 PM

3. Not raising the cieling is so stupid and fucked

I sure hope the god damn gop is out in the electoral desert for at least a generation

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Response to freshwest (Original post)

Sat Oct 12, 2013, 02:25 PM

4. 16 ways doesn't even begin to include all the ways Repukes rigorously screw Americans and screw

over their oaths of office and their country: their pathology is manifest.

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Response to freshwest (Original post)

Sat Oct 12, 2013, 05:56 PM

6. I'm not trying to scare people either; whatever happens, we will make it through okay.

Just the same, I'm not spending all my disposable income either.

I'll bet your house AND mine, though, that the TPs want a situation where martial law has to be declared, giving them an opening to impeach. They think that would sink the President and his troops for sure. They must not have an inkling of what's headed down the pike at them. They MUST know they couldn't win an all-out, actual shooting Second Civil War or be allowed to secede w/o one.

Remember, we're blessed with the very best President for these trying times, and he's nobody's fool.

He's no pacifist, either.

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Response to freshwest (Original post)

Sat Oct 12, 2013, 06:14 PM

7. And another thing!

Does anyone think that the man who neutralized bin Laden can't handle these piss-ant teabaggers too?!? However this shakes down, even if I were evil personified, I'd not want to butt heads too hard with President Obama.

Beware the wrath of a patient man.

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Response to IrishAyes (Reply #7)

Sun Oct 13, 2013, 10:27 PM

10. I love all of that post.

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Response to freshwest (Original post)

Sat Oct 12, 2013, 09:17 PM

8. Screwing Americans in the name of America!

They are the true meaning of the ugly American.

I have to believe that some way, somehow, things will get better. That we can move back from the brink. The alternative is beyond comprehension~

freshwest

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Response to freshwest (Original post)

Sun Oct 13, 2013, 09:57 PM

9. The safest place we could conceive of to put our retirement into was T-Bills. Half our retirement...

... is there. You would have to be out of your mind to think the US government would ever default on its promises.

Until now.

All of a sudden as I write this, I just want to curl up and cry. We are 66.

The usual suspects want this president dead, just like they did JFK. They are willing to bring down the whole country for reasons that make no sense to me at all.

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