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 GROK Acknowledges the Co-existence of Humans and Dinosaurs
"Doc, I said it's "proof"."
1 hour ago
Doc Vega commented on Doc Vega's blog post GROK Acknowledges the Co-existence of Humans and Dinosaurs
"Less Prone, this Carlos guy has a unique artistic approach but it's not proof. There's…"
3 hours ago
Doc Vega posted photos
yesterday
Doc Vega posted blog posts
yesterday
tjdavis posted a photo
Monday
Sandy posted a video

KILL THE MESSENGER - Hero Journalist Featurette - In Theaters Friday

In this featurette “Gary Webb: Hero Journalist,” Jeremy Renner (Webb), director Michael Cuesta, Sue Webb and others explore the real man, investigative journ...
Sunday
Sandy posted a photo
Sunday
Less Prone commented on Burbia's blog post A Masterclass Is Being Played Out For Those Who Have The Eyes To See
"Yes. One of their functions is distraction, but they also bring chaos and crime and change…"
Saturday
Less Prone favorited Burbia's blog post A Masterclass Is Being Played Out For Those Who Have The Eyes To See
Saturday
Burbia posted a blog post

A Masterclass Is Being Played Out For Those Who Have The Eyes To See

A question can be asked, why do Jews want a multicultural community in a host society? It is to…See More
Saturday
tjdavis posted a video

City of Joel - Official Trailer

Now Available on Digital - http://bit.ly/2uxDibn50 miles north of New York City, the town of Monroe is a microcosm for a hyper-partisan and divided nation as...
Friday
Doc Vega favorited omegamann's photo
Friday
Doc Vega commented on Doc Vega's blog post Death Threats for Assisting ICE?
"Less Prone excellent points and I've seen that video too. Very informative! "
Friday
Doc Vega commented on Doc Vega's blog post In the Political Realm They've Gone One Step Too Far!
"Less Prone thanks for your support! "
Friday
Doc Vega commented on Doc Vega's blog post Modern Day Cannibalism?
"Less Prone, you are exactly right! They have been harvesting fetal tissue in vaccines for quite…"
Friday
Doc Vega commented on cheeki kea's photo
Thumbnail

DEAR SANTA...

"Ha ha! Good one! "
Friday
Doc Vega commented on Doc Vega's blog post GROK Acknowledges the Co-existence of Humans and Dinosaurs
"Less Prone, thank you very much for your input/ I always appreciate your insights! "
Friday
Less Prone favorited cheeki kea's photo
Dec 31, 2025
Doc Vega's 9 blog posts were featured
Dec 31, 2025
Less Prone commented on Doc Vega's blog post Modern Day Cannibalism?
"You may be consuming human tissue unknowingly in vaccines, food or drink. One of the cruellest…"
Dec 31, 2025

© 2026   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