Treasury Department Announcement. Eep.

Discussion in 'Economy' started by nakedemperor, Nov 4, 2004.

  1. nakedemperor
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    nakedemperor Senior Member

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    Aw, clownshoes.

    On Nov. 3, as the bleary-eyed nation returned to work, the Treasury Department announced an impending crisis. If the lame-duck Congress doesn't raise the statutory $7.384 trillion debt limit, which was intentionally breached in October, by Nov. 18, the world's greatest power will run out of cash.

    http://www.slate.com/id/2109203/
     
  2. rtwngAvngr
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    rtwngAvngr Guest

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    Oh no. Another government shutdown. Just like that cool episode of West Wing! Isn't childish partisan tatrumism so sexy!
     
  3. nakedemperor
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    nakedemperor Senior Member

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    Heh.

    Don't they increase the debt ceiling every year? I mean, according to Cheney, "Raegan taught us deficits don't matter."

    And when you're the bank branch, the manager, and the money-printer, I guess its true. Unless you have a SOUL.
     

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