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

Doc Vega, Chris of the family Masters, cheeki kea and 3 more were featured

 

Latest Activity

Dr. Frederick Meekins posted blog posts
23 minutes ago
Parrhesia commented on Parrhesia's photo
Thumbnail

Wakanda

"Until the federal government builds their Smart City, it looks like they are free of electricity,…"
40 minutes ago
Doc Vega posted blog posts
1 hour ago
tjdavis posted photos
1 hour ago
steve commented on Parrhesia's photo
Thumbnail

Wakanda

"Except for all the modern transportation(made by and most likely paid for by the eveeeel white man)…"
1 hour ago
Chris of the family Masters posted blog posts
1 hour ago
Burbia commented on KLC's group MUSICWARS
2 hours ago
Ragnarok posted a discussion

Italy, Venice: Anti-vax doctor struck off [Jun. 28th, 2022]

Anti-vax doctor struck off'Violent and aggressive' tones against pandemic management(ANSA) - ROME,…See More
2 hours ago
Parrhesia posted photos
2 hours ago
tjdavis posted blog posts
3 hours ago
Ragnarok posted a video

RAW FOOTAGE! 5 TORNADOS HITTING SASKATCHEWAN || 3 LANDSPOUT, 2 SUPERCELL, 29 JUNE 2022

Intense raw footage of the 5 tornados hitting Saskatchewan on Wednesday June 29, 2022. Environment Canada has confirmed that the first three tornadoes touche...
4 hours ago
Parrhesia posted discussions
4 hours ago
Pocielo posted a blog post
4 hours ago
steve posted a discussion

Outrageous without a doubt the most blatant example of "cultural appropriation" I have ever seen

Who knew --africans love country music. AMERICAN COUNTRY MUSIC not Crappy rappy not hippo hop none…See More
5 hours ago
Profile IconPocielo and greattibettour joined 12160 Social Network
5 hours ago
Parrhesia favorited The One's discussion Hollywood Vampires? (Just NWO's Pedos)
5 hours ago
steve commented on Parrhesia's photo
Thumbnail

Liberal World Order

"I wonder what "it" is or is this like ol slick willy clinton asking what the definition…"
5 hours ago
steve replied to Parrhesia's discussion High-Ranking Ukrainian Officials Caught Splurging On Luxury Real Estate In Switzerland
"Bought with money stolen from americans by ol potato head joe while americans can't even…"
6 hours ago
steve replied to The One's discussion Hollywood Vampires? (Just NWO's Pedos)
"Not just children ,where do you think the thousands and thousands of pints of "donated…"
6 hours ago
The One posted a discussion

Hollywood Vampires? (Just NWO's Pedos)

"Hollywood - Jewish Parasites who Feast on Blood of Children - henrymakow.com"…See More
6 hours ago

© 2022   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