Send CathInfo's owner Matthew a gift from his Amazon wish list:
https://www.amazon.com/hz/wishlist/ls/25M2B8RERL1UO

Author Topic: Heads Up: Government Shutdown Possible  (Read 903 times)

0 Members and 1 Guest are viewing this topic.

Offline King Wenceslas

  • Jr. Member
  • **
  • Posts: 344
  • Reputation: +100/-136
  • Gender: Male
Heads Up: Government Shutdown Possible
« on: December 17, 2018, 12:17:52 PM »
  • Thanks!0
  • No Thanks!0


  • Quote
    The stage is set for a battle of political willpower that could potentially be unlike anything that we have ever seen before in American history.  Last Tuesday, there was a shouting match in the Oval Office that changed everything

    During a very heated exchange with Nancy Peℓσѕι and Chuck Schumer, President Trump boldly declared that the border wall will get built and that he would be “proud to shut down the government for border security”.  The Democrats are going to take control of the House of Representatives in January, and so Trump realizes that it is now or never for his top campaign promise.  If he doesn’t get funding for the wall now, he will never get it, and he will go into the 2020 election without anything to show the voters on his signature issue.

    Trump has essentially painted himself into a corner, and maybe that is what he intended to do.  Perhaps he understands that this is the time to take a stand, and perhaps he is ready to do whatever it takes to achieve his goal.

    But if he is not willing to do whatever it takes, then he should never have made such bold statements.  Because if he backs down now, he will lose all credibility with millions upon millions of American voters.

    And Senate Minority Leader Chuck Schumer has put himself in the exact same position.  In the aftermath of Tuesday’s shouting match, Schumer appeared on the Senate floor and unequivocally declared that there will be no money for a border wall

    Quote
    Senate Minority Leader Chuck Schumer (D.-N.Y.) said on the Senate floor on Thursday that there will be no funding for President Donald Trump’s plan to build a wall on the U.S.-Mexico border because the Democrats in Congress will never allow it.
    “I want to be crystal clear. There will be no additional appropriations to pay for the border wall. It is done,”Schumer said.
    There is no possibility of a compromise with Trump in that statement.

    This is the moment when Trump will really show us how committed he is to a border wall, because if he doesn’t get funding now he will never, ever get it once the Democrats control the House.

    And in order to get that funding, Donald Trump is going to have to force a government shutdown, and at this point it looks like that is precisely what is going to happen.  The following comes from the Hill

    Quote
    It’s a perilous moment for the Grand Old Party. Either Trump folds and backs off his demand for the wall — the signature promise of his 2016 campaign — or the government will shut down over the holidays.
    “The odds are 65/35 we’re shutting down. I’m not optimistic we’re going to see some kind of compromise on appropriations on Homeland Security,” said Rep. Paul Mitchell (R-Mich.), the freshman representative to the GOP leadership team. “I don’t see that they’re going to get done bickering.”
    Like previous government shutdowns, not that much will actually change for the first few days.
    But the longer a government shutdown lasts, the more painful it will become.

    Things will really start getting hairy once some people eventually stop receiving government checks, and it will take a tremendous amount of resolve to keep going at that point.

    This could be a defining point in Donald Trump’s presidency.  If he is a man of his word, he will force a government shutdown and fight for what he believes.

    But if he caves and gives the Democrats everything that they want once again, the entire nation will know that he is just another typical Republican.

    Could this be the actual beginning of the end? Where Trump and Nancy and Schumer ride the fiat economy straight down into hell?
    Time will tell.


    Offline Vintagewife3

    • Full Member
    • ***
    • Posts: 700
    • Reputation: +328/-356
    • Gender: Female
    Re: Heads Up: Government Shutdown Possible
    « Reply #1 on: December 17, 2018, 12:50:14 PM »
  • Thanks!0
  • No Thanks!0
  • Does this mean that military pay, and government benefits will be shut down too? 


    Offline Maria Regina

    • Sr. Member
    • ****
    • Posts: 3776
    • Reputation: +1004/-551
    • Gender: Female
    Re: Heads Up: Government Shutdown Possible
    « Reply #2 on: December 17, 2018, 12:56:39 PM »
  • Thanks!1
  • No Thanks!0
  • Does this mean that military pay, and government benefits will be shut down too?
    Do not worry. Trust in God. And most importantly, pray, pray, and pray again.  Spend your days praying unceasingly. If you wake up in the middle of the night, pray some more. Let the Holy Name of Jesus be on your lips constantly. He will save us if we pray.

    Lord Jesus Christ, have mercy on me a sinner.

    By the way, Trump already has the funds (from the Pentagon budget) to build his wall.

    Then Trump said that the new Mexican trade agreement will end up funding the wall and reimbursing the Pentagon budget since the new trade agreement will benefit both Mexico and the USA, so that both nations will prosper.  If Mexico prospers, then less people will seek to cross the border. Why migrate north to a new country if things are working out South of the Border?
    Lord have mercy.

    Offline Vintagewife3

    • Full Member
    • ***
    • Posts: 700
    • Reputation: +328/-356
    • Gender: Female
    Re: Heads Up: Government Shutdown Possible
    « Reply #3 on: December 17, 2018, 01:05:37 PM »
  • Thanks!1
  • No Thanks!0
  • I’m not worried for me because I don’t use those. I have family in the military, and on those. It’s just unfortunate to happens around Christmas time. I worry mostly for any children who will be hurt by it. The government has to much power over everyone. But yes, as always pray! My insomnia has been bothering me, and I assume it’s God asking me for more prayers!

    Offline Maria Regina

    • Sr. Member
    • ****
    • Posts: 3776
    • Reputation: +1004/-551
    • Gender: Female
    Re: Heads Up: Government Shutdown Possible
    « Reply #4 on: December 17, 2018, 01:16:57 PM »
  • Thanks!0
  • No Thanks!0
  • I’m not worried for me because I don’t use those. I have family in the military, and on those. It’s just unfortunate to happens around Christmas time. I worry mostly for any children who will be hurt by it. The government has to much power over everyone. But yes, as always pray! My insomnia has been bothering me, and I assume it’s God asking me for more prayers!
    Indeed, if you pray before and during your sleep, you will sleep like an innocent baby.

    Since Trump values the military, I do not think that he will close down the government entirely.

    I think this is a ploy to get the Democrats to negotiate. If they fail to negotiate, then Trump could close down the government (read Congress) for perhaps a couple of days, then get his wall funded through the Pentagon budget.

    Lord have mercy.


    Offline King Wenceslas

    • Jr. Member
    • **
    • Posts: 344
    • Reputation: +100/-136
    • Gender: Male
    Re: Heads Up: Government Shutdown Possible
    « Reply #5 on: December 18, 2018, 02:24:05 PM »
  • Thanks!0
  • No Thanks!0
  • Trump Blinks; White House Will Avoid Shutdown, Find Other Ways To Fund Wall

    Trump is a one termer now.

    Will have to look to Russia and China too end the hegemony of the Demoncrats over the nation.

    Offline Vintagewife3

    • Full Member
    • ***
    • Posts: 700
    • Reputation: +328/-356
    • Gender: Female
    Re: Heads Up: Government Shutdown Possible
    « Reply #6 on: December 18, 2018, 06:32:28 PM »
  • Thanks!0
  • No Thanks!0
  • I wasn’t to sure he was going past one term anyway... but this would seal the deal for most even hard core trumpers.

    Offline King Wenceslas

    • Jr. Member
    • **
    • Posts: 344
    • Reputation: +100/-136
    • Gender: Male
    Re: Heads Up: Government Shutdown Possible
    « Reply #7 on: December 20, 2018, 11:55:22 AM »
  • Thanks!0
  • No Thanks!0
  • Especially after this.

    Stocks, Credit, Yield Curve Collapse After Mnuchin "Market Over-Reacted" Jawbone Fails

    Stocks dropped to sessions lows, with the Nasdaq following the Russell 2000 and Tokyo-traded shares into bear-market territory, after Treasury Secretary Steven Mnuchin said Thursday that the market "overreacted" to Fed Chairman Jerome Powell's remarks a day earlier.

    and now this:

    Trump And GOP "ιnѕυrrєcтισn" Throw Stopgap Funding Into Chaos; Government Shutdown Likely
    Sighs of releif over an averted government shutdown turned into chaos Thursday morning after President Trump announced via Twitter that he won't sign any legislation unless it has "perfect" border security.

    One day one thing; the next day the opposite. Chaos supreme.

    Is this how the West ends? A New York city hillbilly versus deep state. Central banking popping its own bubbles.

    Great theater but scary. Well, you got to take away the money in order to stop abortion and sodomy. If you ain't moral enough to do it the right way, I guess you are then stupid enough to do it the wrong way.




    Offline Vintagewife3

    • Full Member
    • ***
    • Posts: 700
    • Reputation: +328/-356
    • Gender: Female
    Re: Heads Up: Government Shutdown Possible
    « Reply #8 on: December 20, 2018, 12:42:55 PM »
  • Thanks!0
  • No Thanks!0
  • I’m not sure if anyone saw this, but there is a crowd fund for the building of the wall. I think something like $4.6 million? The people who voted for him didnso because of this promise, and the promise that he’d make Mexico pay. Now they are cheering for giving their money for it.... I wonder what tax repercussions will happen? 

    Offline King Wenceslas

    • Jr. Member
    • **
    • Posts: 344
    • Reputation: +100/-136
    • Gender: Male
    Re: Heads Up: Government Shutdown Possible
    « Reply #9 on: December 20, 2018, 05:54:28 PM »
  • Thanks!0
  • No Thanks!0
  • Too little too late.

    When this comes down there will be millions fleeing the US. Legal migration back to the southern areas (Mexico, Central America). Heck that is what I would do. Better to eat and be poor than not eat and starve with all your Walmart junk surrounding you.


    Quote
    But what about corporate debt? Let’s use GE, GM and Ford as litmus tests.

    GE is currently in the red for over $115 billion. And this doesn’t include its pension promises to employees, which amount to over $100 billion. Given that only $71 billion has been earmarked to cover the payments, any rate hikes from the Fed constitute a millstone on the necks of GE. The likely result will be continued layoffs. Last December, GE announced 12,000 jobs to be cut through 2018, and it is likely cuts will continue into 2019.

    GM, with long term debt of $102 billion (as of September) and cash holdings of around $35 billion, is now cutting over 14,000 jobs and shutting down multiple factories in the U.S. This is due, in part, to a combination of interest rate hikes and tariffs. However, the true point of fracture is because of the expansive debt that GM is responsible for. Without such debt, neither rate hikes nor Trump’s tariffs would have as intense an effect on these corporations.

    Ford, not to be outdone by GM, is set to announce up to 25,000 job cuts, though the bulk of them may be implemented in Europe. Ford has called this report by Morgan Stanley “premature”, but we saw many similar “non-denial-denials” of these kinds of info leaks during the crash of 2008, and most of them ended up being true.  Ford saw its debt rating downgraded by Moody’s earlier this year to one step above junk. With current liabilities of around $100 billion and only $25 billion in cash holdings, Ford is yet another company of the verge of crumbling due to huge liabilities it cannot afford to pay more interest on.
    We can see the stress that the Fed is able to place on corporations by looking at their stock buyback expenditures over the past few years. Until recently, it was the Fed’s low interest rates, overnight loans, and balance sheet purchases that allowed companies to buy back their own stocks and thereby artificially prop up the markets. In fact, one could argue that without stock buybacks, the bull rally that started in 2009 would have died out a long time ago and we would have returned to crash conditions much sooner.

    Well, this is exactly what is happening today.  Stock buybacks in the last half of 2018 are dwindling as the Fed tightens policy and interest rates draw ever closer to the designated “neutral rate” of inflation.  All it took as a measly 2% increase in interest to create a crisis, but with the level of debt choking the system, this should not be surprising to anyone.
    By lowering interest rates to near zero, what the Fed did was create a culture of irresponsible risk, and I believe they did this knowingly. Even Donald Trump has tied himself to the performance of the stock market and embraced the debt addiction, arguing for the Fed to stop or reduce interest rate hikes to keep the debt party going.  Though, with Trump’s White House crawling with international banking agents and think-tank ghouls there might be far more than meets the eye as Trump anchors himself to the performance of the Dow.

    The Fed is not going to stop. Why would they? They have created the perfect bubble. A bubble that encompasses not only corporate debt, consumer debt, and stock markets, but also bond markets and the U.S. dollar itself. If the goal is a move to centralize power, then the banking elites have the perfect crisis weapon in their hands, and they barely need to lift a finger (or raise rates) to trigger the event.


    Offline King Wenceslas

    • Jr. Member
    • **
    • Posts: 344
    • Reputation: +100/-136
    • Gender: Male
    Re: Heads Up: Government Shutdown Possible
    « Reply #10 on: December 21, 2018, 06:44:03 PM »
  • Thanks!0
  • No Thanks!0
  • It now appears that a deal won't get done after all because as Bloomberg reports, the House has just left for the night and a GOP aide says that the House won't return before midnight.
    • U.S. SHUTDOWN APPEARS INEVITABLE AS HOUSE LEAVES FOR THE NIGHT
    • HOUSE GOP AIDE SAYS HOUSE WON'T RETURN BEFORE MIDNIGHT DEADLINE
    There is still some hope because as Bloomberg adds, negotiations are still ongoing between the White House and congressional leaders on the government funding bill, though the key issue still remains how much funding for border security, and whether it would be allowed to be used to construct President Trump’s border wall.
    That said, the floated $1.6BN proposal appears to have been turned down by Mark Meadows:
    • CORNYN SAYS DEAL BEING LOOKED AT WITH $1.6B FOR BORDER SECURITY
    • MEADOWS SAYS HE CAN'T DO $1.6B FOR WALL; `THERE IS NO DEAL'
    • GOP EXPLORING POSSIBILITY OF $1.6B FOR BORDER TO AVERT SHUTDOWN
    We'll keep you updated as things change. Meanwhile at the White House:
    Quote
    Some of the many Bills that I am signing in the Oval Office right now. Cancelled my trip on Air Force One to Florida while we wait to see if the Democrats will help us to protect America’s Southern Border! pic.twitter.com/ws6LYhKcKl
    — Donald J. Trump (@realDonaldTrump) December 21, 2018

    This is caused directly by the Rhine group (The Rhine flows into the Tiber) and their little tar baby Vatican II. Without it this country would likely have a REAL Catholic majority.


    The end is not as far as you can see already there is apostasy.


    A very Happy Christmas and a Happy New Year to you all. May the Christ child pour abundant graces upon you all and all traditionalists wherever they may be. God Bless.