The news media is having a ball scaring hell out of everyone saying only a handful of days until their is a possibility of the government shutting down if Congress doesn’t raise the debt limit.

Republicans in the House are threatening not to support raising the limit unless Congress agrees to unfund Obamacare, like the President is going to sign that bill.

We’ve been down this road with the Republicans before, with the exception of one time the Republicans have given in. The one time Republicans did shut down the government, causing people not to receive their benefit checks, vendors not being paid; as a result the economy suffered and the voters responded in the next election by soundly defeating the Republicans with them losing control of both Houses.

This time around, after a severe recession, the economy is slowly rebounding, however corporate America is having a field day with record profits which is being reflected in a record stock market making people who are rich richer.

Given this scenario, another government shut down at this time will severely set back the economy which will result in more loss of jobs, less corporate profits and a slump in the stock market.

Forty members of the Tea Party in the House appear to be the culprits who have this lame brain idea of shutting down the government, and eliminating the Healthcare Act. On the surface they will tell you they are anti-big business, smaller government which is what they campaigned on to get elected.

But Federal Campaign Finance Reports shows they received millions in political donations from Wall Street Bankers and large corporations. So in the short run who do you think will influence their vote to raise the debt limit?



  1. So Frank, tell me, which elected idiots are we supposed to believe?

    One side is trying to convince the people that raising the debt ceiling does not increase the countries debt. (See below)

    Or the other party that really can’t make up their minds on what issues we ( I should say corporate America) wants them to fix.

    Raising the debt ceiling doesn’t increase the nation’s debt, Pres. Obama declared in a speech today.

    In a speech at the Business Roundtable headquarters in Washington, D.C., Obama dismissed concerns about raising the debt ceiling by noting that it’d been done so many times in the past:

    “Now, this debt ceiling — I just want to remind people in case you haven’t been keeping up — raising the debt ceiling, which has been done over a hundred times, does not increase our debt; it does not somehow promote profligacy. All it does is it says you got to pay the bills that you’ve already racked up, Congress. It’s a basic function of making sure that the full faith and credit of the United States is preserved.”

    Obama went on to suggest that “the average person” mistakenly thinks that raising the debt ceiling means the U.S. is racking up more debt:

    “It’s always a tough vote because the average person thinks raising the debt ceiling must mean that we’re running up our debt, so people don’t like to vote on it, and, typically, there’s some gamesmanship in terms of making the President’s party shoulder the burden of raising the — taking the vote.”

    But, isn’t the fact that the U.S. has hit its debt ceiling “over a hundred times” – and, thus, has had to keep raising it – proof that raising the limit does, in fact, lead to increased debt?

    – See more at:

  2. On February 24, 2011, NPR’s David Welma reported that,” because what’s paid out in Social Security benefits comes from payroll taxes, not congressional appropriations… won’t be affected by a shutdown, even though the jobs of some Social Security employees could be “. Just as a reminder, the money came from you and your employer, not the government. There are those who want you to believe that the government is giving you the money.

    • Herman that’s not the issue; the checks will NOT be mailed because their will be no one working should the government be shut down. Haven’t you been keeping up with all the Republican propaganda which falsely states Obama will withhold SS checks if the government shuts down; what he really says is their will be no one to mail them.

      • According to the Social Security Administration,more than 94 % of recipients receive their money through computer generated direct deposits, not the mailed.

        While we are on the subject, the SSA incorrectly withheld $ 100 each month from November 2012 to February, 2013 from my direct deposit. Even after contacting Senator Tom Carper’s office, 7 months later I am still waiting for that $ 400. Am I surprised, NO.


      • From one ass to another; check your facts; with an indefinite shut down, those sending out checks will be working without pay; news accounts say a prolonged shut down and those people will leave, and indirect deposit or not, I read where those checks will stop. We’ll never know because the chicken game the right is playing will play out before any damage is done and theywill cave in one more time.

  3. Herman where is your head. Those deposits don’t go out unless generated by a person plugging the information in a computer. I don’t knlow your personal finances, but if you sold anything or your income changed, SS will deduct a certain amount each month for that year. I sold a property one year, and my check was reduced $$00 a month; something to do with medicare.

    • First, they are computer generated. Therefore they go out automatically. Same as when you can set up paying your bills on line each month. Only when there are changes is a person involved. Second, my income did not change. So why the decrease in deposit? Also, why does it take so long to get what is do me?

      • Herman let me attempt another approach. If the gov’t shuts down because of the failure to raise the debt limit, the gov’t is broke, and is not paying anyone including you. I suggest you call the SS office to verify this.

  4. According to CNN Money, during the 1995 shut down Social Security deposits did not stop during the crisis. Like I said before, it’s our money, not the government’s money. It’s a seperate fund.

    • True the money is there for you; getting it to you is still the question. I don’t profess to be a computer person, but I do believe someone has to start the engine before the car will move. In the last government shut down they claimed SS checks would not be delayed, but we never had the opportunity to find out.

    • Read your previous comments. That is not what you have been saying. “the checks will NOT be mailed because there will be no one working should the government be shut down”

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