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Federal employees and military service members will not get paid if Congress does not raise the debt ceiling, President Obama said Monday.
The government also would not be able to honor its contracts with small-business owners, and Social Security checks and benefits for veterans would be delayed, Obama said during a news conference.
Obama reiterated his stance that he will not negotiate with Republicans — who are demanding spending cuts in exchange for raising the debt ceiling.
“We are not a deadbeat nation,” Obama said. “Republicans in Congress have two choices here. They can act responsibly and pay America’s bills, or they can act irresponsibly and put America through another economic crisis. But they will not collect a ransom in exchange for not crashing the American economy.”
The federal government reached its debt limit Dec. 31, but Treasury Secretary Tim Geithner said last month he could finagle another two months or so by taking so-called “extraordinary measures” before the debt ceiling would have to be raised. That implied Congress had more time to act and the government could keep running as-is until the end of February. However, the Bipartisan Policy Center think tank estimates the government could run out of money as early as Feb. 15.
Originally posted by usmc0311
reply to post by Advantage
I ran a better search and found some of the old stuff as well. It does seem like this is just one of the scare tactics they are using. I myself am not as worried as I am a resourcefull person and I will always find a way to provide for my family. It would just make things more difficult if it were to happen.
Originally posted by usmc0311
Why must they begin cuts with those who need it most.
Originally posted by Golf66
All that said every man has a breaking point and I have declared here on ATS and elsewhere that should for some reason the US government renege on its promise to provide me and my family healthcare as agreed 24 years of risking my life in their stupid wars (doing so with vigor and enthusiasm) or for reasons of "austerity measures" decide to increase my payments significantly for this service or to cut or stop delivering my retirement pay (in the manner agreed) they will get the very guerilla warfare they trained me to wage.
If it actually comes to not paying the service members - we will know the endgame is afoot and it is time to take to the hills. That is how they will control the Soldiers and Marines by making their families safety and feeding contingent upon some kind of handouts or vouchers in exchange for following the questionable orders that will surely follow.
Originally posted by Advantage
As far as going Halo.. one of the husbands buddies that spent Christmas with us mentioned this with the threats of the govt turning their backs..... and then got into the WHY's combat vets ( of which he and the husband both are) are on watchlists as potential terrorists.. for doing their job as commanded.
hmmmm..
Originally posted by sligtlyskeptical
The solution to this is let the government print money without borrowing it. In fact this is what all governments should be doing. Instead we let private banks control and expand the money supply. Cut off their ability to create leverage and this will not be inflationary in a growing nation. A growing nation needs more and more money each year. Otherwise you have more and more people fighting over the same amount of money which automatically decreases the standard of living for everyone. Create that money through debt which has the additional cost of interest and the process of standard of living deterioration increases its pace, which is what we are seeing now.
The problem is controlling the amount of new money printed. Tap it out at 3% a year and it could work without being inflationary.
This is the out of the box solution that we need that no one ever considers.
Originally posted by Golf66
Originally posted by Advantage
As far as going Halo.. one of the husbands buddies that spent Christmas with us mentioned this with the threats of the govt turning their backs..... and then got into the WHY's combat vets ( of which he and the husband both are) are on watchlists as potential terrorists.. for doing their job as commanded.
hmmmm..
That is why I am not afraid to post my mind here. I know I am on a few dozen watch lists. I am not afraid; I know they haven't the ability or the resources or the desire to come hunt someone like me down. It takes like a 100:1 ratio to pull off a mission like that, intell, surveillance, advance work etc...
There are simply not enough people to do it.
It is also why I know this is all bluster for the plebs. The last group they want to piss off are the people who know how to fight back.
I do know there are those who think the military will not follow orders and confiscate weapons and round people up. I know that a good percentage will do just that for the reasons I stated.
By the time anything like this is to take place the economy will already have collapsed which will make the families of the military largely and effectively defacto hostages to their vouchers, rations and handouts which the general public will not be getting. This will be a huge motivator for the servicemen to comply with constitutionally questionable things. Jews readily rounded up other Jews in the ghettos for the Nazis and turned in their neighbors and such for food or promises of safety for their families.
Who really can blame them... I'd kill my neighbor right now if it meant my kid living and or eating another day and sleep tight knowing it. Wouldn't you?
The only thing that will make the servicemen defect or go AWOL is to protect/feed their own families. It is why the military basically encourages younger enlisted people to get married with monetary incentives - control.
They know that living paycheck to paycheck and having kids to feed makes one more likely to reenlist. They also know that one will be more compliant for fear of losing pay and benefits for the family.
An 18-19 year old kid is a wildcard he might obey and then if he hasn't much to lose he might head home to find and protect his sisters and mom; however, a 20 something with a wife and a kid who knows the military will make sure they are fed and safe as long as he complies with commands is a simple thing to predict.
Sadly the surest way for any insurgent group to entice servicemenbers to do the right thing is to compromise that safety and or surety of sustenance which leads me to believe our military families and government employees (who will be getting some kind of compensation in whatever becomes currency even if it’s an MRE) in general will be prime targets for such attacks.