US Ãœberschuldung - es soll still und leise weitergehen...dirty secret...?

verfasst von Tofir, 01.06.2002, 21:25

Then there is the U.S. government's debt position, with the Treasury having hit its debt ceiling and being forced to resort to"other measures" to fund the U.S. government and to avoid default on more than $US 6 TRILLION of Treasury debt. The latest on this front is that a provision to increase the ceiling from its present $US 5.95 TRILLION to the Treasury's preferred $US 6.7 TRILLION has been steamrolled through the House tacked on to an"anti-terrorism" bill. It still awaits ratification in the Senate.

But Ron Paul of Texas has uncovered a dirty"secret" in the form of a"Supplementary Apppropriations" bill (HR 4775) now before the House. There is a provision (among all the other pork) in this bill which would make it possible in future for the Congress to raise the debt limit"in conference" - that is - away from public scrutiny.

This, or something like it, had to happen eventually. It is the usual sleazy trick, but it doesn't really matter much anymore to anyone who understands the situation. The U.S. government, despite all its protestations to the contrary (remember the talk about paying off ALL Treasury debt by the year 2009-10-11-???. Astonishingly, many people took it seriously. This bill, if (when) it passes, will be the final proof, if any more is needed, that the debt will NEVER be paid off. It will fool no-one, except those who refuse to see.

Quelle: The Privateer

You can really fool all the people all the time...????

tofir



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gesamter Thread:

• US Ãœberschuldung - es soll still und leise weitergehen...dirty secret...? - Tofir, 01.06.2002, 21:25
  • Ich habs mal ungefähr übersetzt - Heller, 02.06.2002, 01:31
    • Danke! (owT) - Tofir, 02.06.2002, 08:26