Government Shutdown Careens Toward Oct. 17 U.S. Debt Blowout

Government Shutdown Careens Toward Oct. 17 U.S. Debt Blowout

by Dennis Small

Other than LaRouche PAC, no signs of sanity have emerged in Washington, D.C. over the last 24 hours on the government shutdown. If anything, the two sides are more entrenched, reaching new heights of sophistry, and with no serious discussion of economic policy underway. Moreover, the shutdown crisis, now in its second day, is currently leading seamlessly towards a U.S. government default crisis as early as Oct. 17, when the debt ceiling will be reached. Judging by his actions, President Obama seems perfectly content to let the shutdown continue, and to bring on a default as well.But, as Lyndon LaRouche emphasized in discussions on Tuesday evening, this is not simply a budgetary crisis, or a debt crisis, or a political crisis. "It's inherently a breakdown crisis. There is no way this is going to be solved in a normal sense." The only "easy" solution is to implement LaRouche's full Glass-Steagall program, to pave the way towards a global renaissance around a fusion economy. Nothing else will work.

Read more »

Comment

You need to be a member of 12160 Social Network to add comments!

Join 12160 Social Network

"Destroying the New World Order"

TOP CONTENT THIS WEEK

THANK YOU FOR SUPPORTING THE SITE!

mobile page

12160.info/m

12160 Administrators

 

Latest Activity

Less Prone commented on Doc Vega's blog post Your Arrival on Planet Earth
"So sad to see a nice place be ruined by its inhabitants.... It's that shitholeness spreading…"
1 hour ago
Doc Vega commented on tjdavis's blog post Under An Ionized Sky
"Jesus Christ this is more diabolical than just about anything I've studied even though I knew…"
2 hours ago
Doc Vega commented on Doc Vega's blog post Your Arrival on Planet Earth
"Less Prone Nothing wrong with the planet. It's the inhabitants who are the problem."
2 hours ago
Doc Vega posted a blog post

Staring Back From a Mirror

There's an aerial spy hidden up in the sky Denying privacy to you and I Whatever agency plans our…See More
3 hours ago
tjdavis's 2 blog posts were featured
11 hours ago
Doc Vega's 5 blog posts were featured
11 hours ago
Less Prone commented on Doc Vega's blog post Your Arrival on Planet Earth
"That assignment on the blue planet intrigued me a lot. And here we are now! I cannot say it's…"
11 hours ago
Less Prone favorited Doc Vega's blog post Your Arrival on Planet Earth
11 hours ago
Burbia's blog post was featured

Sebastion Piñera and 5G

 Sebastion Piñera “The start of the bidding process for the 5G network. Let’s listen to the threats…See More
11 hours ago
tjdavis favorited Burbia's video
18 hours ago
tjdavis favorited Sandy's discussion Sick sci-fi sex fantasy written by Epstein's first benefactor people say inspired his twisted island... before author's SON ended up arresting him
18 hours ago
tjdavis posted a blog post
18 hours ago
tjdavis posted videos
yesterday
Doc Vega posted blog posts
yesterday
Doc Vega commented on Doc Vega's blog post To Each and every One of you here Happy Thanksgiving
"cheeki kea that was damn funny and cute. Always appreciate your insights and memes! Wish I had a…"
Tuesday
Ray99kibz left a comment for Less Prone
"Thanks I am glad to be here."
Monday
alux junes posted a status
"??"
Monday
Elementisfire left a comment for Less Prone
"Sorry for the long wait"
Monday
Elementisfire and Less Prone are now friends
Monday
tjdavis posted photos
Sunday

© 2025   Created by truth.   Powered by

Badges  |  Report an Issue  |  Terms of Service

content and site copyright 12160.info 2007-2019 - all rights reserved. unless otherwise noted