Shut it Down
By Laurence M. Vance
Campaign for Liberty
The federal government has once again reached its debt limit. With the federal deficit exceeding $1 trillion for the third straight year, and the government’s inability to exceed the debt ceiling of $14.294 trillion, there is talk once again of a government shutdown.
This does not mean, however, that the government has ceased borrowing money. Treasury Secretary Timothy Geithner has already said that he will halt investments in two government pension plans so the government can continue to borrow money. He also said that unexpected revenue and bookkeeping maneuvers will allow the Treasury Department to continue auctioning off more federal debt. Geithner adds, though, that if Congress doesn’t increase the debt ceiling by August 2, the government faces the possibility of defaulting on its debt. .....
Read the entire article:
Are you looking for Solutions for America in Distress
You are in the right place to find out about what is really going on behind the scenes in the patriot movement in America, including solutions from Oathkeepers, Anna Von Reitz, Constitutional Sheriffs, Richard Mack, and many more people who are leading the charge to restore America to freedom and peace. Please search on the right for over 3300 articles.
You will find some conflicting views from some of these authors. You will also find that all the authors are deeply concerned about the future of America. What they write is their own opinion, just as what I write is my own. If you have an opinion on a particular article, please comment by clicking the title of the article and scrolling to the box at the bottom on that page. Please keep the discussion about the issues, and keep it civil. The administrator reserves the right to remove unwarranted personal attacks. Use the golden rule; "Do unto others as you would have them do unto you."