Congress threatening to shutdown unless ACA is defunded/repealed immediately.

[Ddz]

I'm debating if I want to roll the dice on some treasury bonds due in a couple weeks, seeing reports that they're going for less than face value at the moment lol

They just reported this morning on NPR that the treasury has no intention of paying out any bonds before December 1, 2013. They're basically ignoring them.

[Callisto]

They just reported this morning on NPR that the treasury has no intention of paying out any bonds before December 1, 2013. They're basically ignoring them.

Wow, I'm not sure what's actually due in that time frame but if it's significant amount that could probably do some major damage to China/Japan.

[SephYuyX]

It's funny because people think that if roles were swapped (number of and position of dems/reps), what's happening now wouldn't be happening.

I love how people are still picking one side or the other or blaming and pointing certain people, when in reality they're all scum fuckers.

[Ddz]

Wow, I'm not sure what's actually due in that time frame but if it's significant amount that could probably do some major damage to China/Japan.

It's something to the tune of $1.3T

[Ragnus]

It's funny because people think that if roles were swapped (number of and position of dems/reps), what's happening now wouldn't be happening.

I love how people are still picking one side or the other or blaming and pointing certain people, when in reality they're all scum fuckers.

And this, which an earlier article pointed out, is why the Repubs are winning and have no real reason to stop with the asshattery. People are singing their praises, thinking that they're fighting the good fight in the face of CommuSocialist Tyranny.

[Churchill]

[ringthree]

It's funny because people think that if roles were swapped (number of and position of dems/reps), what's happening now wouldn't be happening.

I love how people are still picking one side or the other or blaming and pointing certain people, when in reality they're all scum fuckers.

False equivalence. There are actual articles out about how these false equivalences are occurring in the government shutdown debate.

As one of the articles mentions, it's intellectual laziness.

[Quicklet]

They just reported this morning on NPR that the treasury has no intention of paying out any bonds before December 1, 2013. They're basically ignoring them.

It's something to the tune of $1.3T

If this is the story you're referring to,

http://www.npr.org/blogs/money/2013/...ocial-security

They were actually talking about an investment firm that has sold off all its short-term treasury holdings because of the risk. The treasury itself has not made any statement of delaying payments on bonds as far as I know, as that would likely spark a huge panic in the market. The $1.3 trillion number looks like the total amount of U.S. debt held by China, as the annual interest payments made on the national debt by the U.S. are only roughly $400 million.

[Ddz]

If this is the story you're referring to,

http://www.npr.org/blogs/money/2013/...ocial-security

They were actually talking about an investment firm that has sold off all its short-term treasury holdings because of the risk. The treasury itself has not made any statement of delaying payments on bonds as far as I know, as that would likely spark a huge panic in the market. The $1.3 trillion number looks like the total amount of U.S. debt held by China, as the annual interest payments made on the national debt by the U.S. are only roughly $400 million.

Yes, that's the one I heard this morning. Mostly I think that the default scenario is a scare tactic, and that it won't actually happen, but it's interesting to speculate.

[Talint]

False equivalence. There are actual articles out about how these false equivalences are occurring in the government shutdown debate.

As one of the articles mentions, it's intellectual laziness.

Yup.

Also worth mentioning: Nihilism of government only helps republicans.

[archibaldcrane]

It's funny because people think that if roles were swapped (number of and position of dems/reps), what's happening now wouldn't be happening.

Lol

You're fucking retarded

[SephYuyX]

1%er, so duntcure.
Bring on the shitfests and decimation.

[ringthree]

1%er, so duntcure.
Bring on the shitfests and decimation.

Make moronic statement, get proven wrong, claim to bang hot chicks.

Yeah, you are fucking retarded.

[kuronosan]

archi may make 1%er figure income, but I'd say he's about as far as you get from them in attitude.

What a truly stupid thing to say.

[ringthree]

archi may make 1%er figure income, but I'd say he's about as far as you get from them in attitude.

What a truly stupid thing to say.

Well, now I am confused. I just know there are dumb cunts in here. And it's not Archi.

[archibaldcrane]

Lol, I wish I was a top 1%er. My 6-figure income starts with a 1. As a household we're more like "top 8%ers".

[archibaldcrane]

I mean shit

The top 1 percent of American households had income above $394,000 last year.

That's almost impossible to earn as an editor, unless you're cutting multiple features in a year. I've heard of top-tier TV editors making 6k/week, but that's only 300k a year.

[kuronosan]

1%er meaning six-figures. Not 1%er meaning $600k.

[quannum]

1%er and 99%er are stupid terms, people should stop using them. The real number is .000042%

[Ddz]