The US Government Is About To Shut Down Following Continuing Resolution Fiasco

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Fri, 09/23/2011 - 11:12 | 1701263 LedMizer
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Fri, 09/23/2011 - 11:17 | 1701296 Frog-And-Toad
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Don't you have a heart?!? 

Think about all of the poor government contracts this will put in jeopardy!   Those jobs are our only way to recovery, and you're saying good?!? 

For shame good sir



Fri, 09/23/2011 - 11:20 | 1701331 SWRichmond
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Yes, and what of all the newly-minted $100,000+ jobs?  What will these poor bastards do? 

Fri, 09/23/2011 - 11:41 | 1701435 TruthInSunshine
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Shut the entire thing down.

For every $1.42 the federal government spends, typically on rubbish at prices 280% above what any sane private company could procure the same thing for, they expend $1 of revenue they've received (i.e. forcibly extracted) and 42 cents of borrowed monies (i.e. we'll just sell some more bonds so we can keep dishing money out to FOGRF [Friends of Government Officials/Regulators/Federal Reserve Officials]).

It's insanity and graft of a epic proportion knowing no historical precedent.

Shut the sickness down.

Fri, 09/23/2011 - 11:45 | 1701468 crazyjsmith
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Yeah, exactly.  Kind of like saying the cancer is going into remission.  That is usually good news, unless you are Big Pharma.   

Fri, 09/23/2011 - 12:57 | 1701919 SilverRhino
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It's not a real shutdown until SS, pension and welfare payments are suspended.   THEN we'll see some real action.

It also seems like these idiots in Washington DC have forgotten rule one regarding empire: Pay your fucking TROOPS.

Fri, 09/23/2011 - 13:08 | 1702000 Flakmeister
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Yep.... just a minor detail... Not to mention the guys that run the air traffic...

Fri, 09/23/2011 - 11:23 | 1701344 daxtonbrown
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I live in Vegas and know just how corrupt Harry Reid and the solar scam are. Shut it down.

Fri, 09/23/2011 - 11:25 | 1701357 Frog-And-Toad
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But those solar jobs are going to be around for years to come... This guy told me so:

Fri, 09/23/2011 - 11:42 | 1701443 Mr Lennon Hendrix
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Shut it down!  This is not our government!  This government is run hand over fist by the Banking Houses of Walled Street.  It is they who send your children to war.  It is they who have destroyed your wealth.  It is they who took your freedom.

They have done this by instituting an unconstitutional incme tax.  They have done it by taking away real monie from the pockets of each of us.  They have done it by shorting our rights and freedom.  And this is how they have done it:

To have a short position, someone either needs to own the security, or needs to be able to locate it; the latter is when we call it a 'naked short'.  There is not enough gold bullion to locate to justify their short positions.  This mean that their shorts are unqualified.  So if the CFTC ever decided to be a properly run government organization (they won't be) then they would regulate the shorts, sanction JPM et al, and nix the shorts.

Yet, just like in life, reality always descends eventually.  There will be a time when traders understand what is happening, and there will be a panic move to get physical.  I don't think this will happen until gold is in the range of $3300-$5k.  Once it does there is no top on gold.  It could go to $10k, it could go to $40k, it may very well take the dollar under and its price be invaluable.

To put this in context, look at oil.  Who bought the SPR release, and why?  JPM did, so they could locate their shorts.  The oil market is better regulated than gold, and so they needed to prove their shorts.  Thus Obama did another favor for the Banking Houses and greenlighted the release; JPM bought the oil and stashed it offshore, and JPM bought their short positions.

Of course, there is a direct way to go after these measures, and that is by buying physical silver.  Silver trades with oil 1:1 on the long term.  Oil trades inversely 1:1 with the dollar on the long term.  Take a position on silver, and you take the most promising short position against the dollar possible.  Shorting the dollar is the final battle, because it is the dollar that holds the world from reclaiming its prosperity.  The dollar backs the Banking Houses; it is their only weapon in the financial war that has destroyed the America our fore fathers built.  The dollar, and the corporations that back it, is exactly why this great country was founded. 

It funds the war machine, and it is the war machine that is Wall Streets prize possession.  Without it, Wall Street has no power over the oil producing States.  The dollar is soaked in the blood of young Americans who have been stricken by poverty and had little options available.  The catch 22 of the dollar has pitted America against itself.

Victory will be had by real monie, because the dollar has no backing and is an amalgamation of creative thinking.  Alchemy took hold of money after the philosopher's stone failed.  The dollar has no intrinsic value; it has no general worth and is merely an IOU.  The dollar is backed by lies.

Silver is real monie.  This real monie has had the same short positions unjustly levied against it.  Since silver is cheap, it is rather easy for us to target.  It is the belly of the beast.

I will be visiting the coin store today, and I will be buying with both hands.  I believe that our best hope to take the Banking Houses down is to take possession of silver.  This because silver is a very industrial commodity and if we squeeze the physical market the price will rise.  Then, when the price rises due to supply constraints, JPM's shorts will crush their balance sheet- this has already been happening over the course of the last year and a half, since we started our movement.  So please, join me, take down the Banking Houses, take back your monie and wealth, and take back your freedom!


Fri, 09/23/2011 - 11:40 | 1701423 Jonas Parker
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There goes Granny's Social Security check again... no, wait! That money's in a trust fund!  Whew!


Fri, 09/23/2011 - 11:44 | 1701453 Frog-And-Toad
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Aha, because they spend it and the money is not in a trust fund! That is why it is funny right?


Sick fucking bastards... Have fun on vacation... We'll be waiting for you when you get back

Fri, 09/23/2011 - 11:44 | 1701456 Bruce Almty
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Think of all those $16 muffins that will go unsold. Shut it down.

Fri, 09/23/2011 - 11:31 | 1701392 DaveyJones
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unfortunately, more like you wish

Fri, 09/23/2011 - 11:37 | 1701414 I Got Worms
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Takes a bit of the edge off of the repeated kicks to the jimmy silver and gold are currently suffering.

Fri, 09/23/2011 - 12:20 | 1701684 covert
covert's picture

the only problem is that it will not stay shut down or die.


Fri, 09/23/2011 - 11:15 | 1701271 camaro68ss
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shut this bitch down!

Each day the goverment is shut day, is an extra day of liberty!

Fri, 09/23/2011 - 11:30 | 1701387 bigdumbnugly
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if the gov't does shut down will all those ahole pols be forced to walk among us in the community?

i see an upside here - past the obvious.

Fri, 09/23/2011 - 11:38 | 1701402 crazyjsmith
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Does this mean my Buddy's Fart Farm in California won't get it's $1 Billion dollar Gov't "Loan"?

He'll be bummed. 


Fri, 09/23/2011 - 11:14 | 1701273 economessed
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This is the best leadership money can buy!

Fri, 09/23/2011 - 11:19 | 1701319 Oh regional Indian
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More lockdown Shennanigans. Have to keep people dis-tracted from seeing their lives crumbling around them, as thier virtual lives get better and better.

Seems to me like Virtual Reality is Civilization 2.0. Transhumans.


An Upper and  Downer or three

Fri, 09/23/2011 - 11:24 | 1701353 jdelano
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My prime motivation for holding pms is so that when the whole country looks like Detroit I'll be able to afford a warcraft subscription and check out of this craphole entirely.

Fri, 09/23/2011 - 11:29 | 1701384 Oh regional Indian
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Haaaah! Nice goal jdelano, lean forward now...

Fri, 09/23/2011 - 11:46 | 1701470 Antipodeus
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Civilization 4 Rise of Mankind is way better, Man!  But I've never been happy with the way they model the rivers.  ;=))


Fri, 09/23/2011 - 11:14 | 1701275 firstdivision
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If Goldman is saying the bill will die, I'm thinking it may be opposite day (which is everyday at GS)

Fri, 09/23/2011 - 11:15 | 1701282 TJ00
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If the US government shuts down does that mean there is no one to pay the coupons and principle on their bonds so causing a default or is it all automatic?

Fri, 09/23/2011 - 11:42 | 1701439 lolmao500
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Automatic of course.

Fri, 09/23/2011 - 11:16 | 1701284 guasilas
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Well, let's hope first funding the treasury cuts is that to the senate and house of representatives, and then to the white house. That should provide plenty of entertainement.

Fri, 09/23/2011 - 11:16 | 1701285 falak pema
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lol, maybe the world should elect Mah Abbas as leader, to generate a sense of urgency. All these other shills are on soma pills; on both sides of the pond! Anybody there...???

Fri, 09/23/2011 - 11:16 | 1701289 guasilas
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Well, let's hope first funding the treasury cuts is that to the senate and house of representatives, and then to the white house. That should provide plenty of entertainement.

Fri, 09/23/2011 - 11:16 | 1701290 PicassoInActions
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ALready priced in....

Fri, 09/23/2011 - 11:16 | 1701293 ZeroPoint
ZeroPoint's picture

It's not over until they empty the jails.

Fri, 09/23/2011 - 11:17 | 1701298 Caveman93
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Closed for business bitchez!

Fri, 09/23/2011 - 11:17 | 1701301 GeneMarchbanks
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Yeah, the Euro is fucked...

Fri, 09/23/2011 - 11:19 | 1701312 DormRoom
DormRoom's picture

so is gold & silver.  All hail the comeback of the USD.

Fri, 09/23/2011 - 11:45 | 1701469's picture

Get out of your dorm room and attend a math class. Silver is up 54% this year against the dollar and gold is up 29%.

Fri, 09/23/2011 - 11:18 | 1701307 docmac324
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Come on now, the market is up.  Can't be THAT bad....

Fri, 09/23/2011 - 11:19 | 1701309 Racer
Racer's picture

Ah more very bad news for the market to soar on.

As long as they can squeeze the AAPL shorts nothing else matters

Fri, 09/23/2011 - 11:19 | 1701314 shazbotz
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Fri, 09/23/2011 - 11:19 | 1701318 espirit
espirit's picture

Buy the rumor, sell the news. Potential shutdown is "bullish" for the markets.

What a sicko world we live in.

Fri, 09/23/2011 - 11:20 | 1701324 FunkyMonkeyBoy
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You can't shutdown the most evil entity on the planet!

In God we Trust.

Fri, 09/23/2011 - 11:39 | 1701424 I Got Worms
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Nuke it from orbit.

Fri, 09/23/2011 - 11:45 | 1701461 lolmao500
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Just to be sure... and because they just deserve it.

Fri, 09/23/2011 - 11:45 | 1701463 johnQpublic
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kinetic weapon from orbit would be just as effective without the longterm issues


just sayin'

why create a new problem solving the old one

we've seen how that works when they bailed the ...oh never mind

Fri, 09/23/2011 - 11:20 | 1701325 Ancona
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Wake me up when Greece implodes. I'm going back to sleep.

Fri, 09/23/2011 - 11:20 | 1701328 swamp
swamp's picture

Pleeez shut the damn thing down. For good.

Fri, 09/23/2011 - 11:20 | 1701329 BigJim
BigJim's picture

Hmmm. Will the USD and USTs still be seen as a 'safe haven' if this happens? No... if this happens, I think it would truly precipitate collapse.

So it won't be allowed to happen.

Fri, 09/23/2011 - 11:20 | 1701330 Cassandra Syndrome
Cassandra Syndrome's picture

Government Shutdown is such a soothing and relaxing sequence of words.... deep blue ocean.....dolphins.........government shutdown.....state of nirvana......

Fri, 09/23/2011 - 11:55 | 1701536 Hurdy Gurdy Man
Hurdy Gurdy Man's picture

government shutdown = no blue oceans, no dolphins, no nirvana, but a bunch of people enacting their Hobbsian praetorian society nightmares sold by gunmakers and costco

Fri, 09/23/2011 - 11:21 | 1701334 Killtruck
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If the government shuts down, do the SNAP cards still work?

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