October 3rd - October 6th
October 7th - October 10th
October 11th - October 14
October 15 - October 18
October 19 - October 22
October 23 - October 26
October 27 - October 30
October 31 - November 3
November 4 - November 7
November 8th or later
On October 6th, Skynet becomes self-aware and deems humanity to be a threat. Making the government shut down permanent, as well as the shutdown of humanity as we know it.
I love the NSA. It's like having a secret fan-base you will never see, but they're there, watching everything you write and it makes me feel all warm and fuzzy inside knowing that I may be some person's only form of unconstitutional entertainment one night.
Oct. 16, and a last minute deal to raise the deficit.
Anyhow, you do not seem to understand what would happen if we default on our debt.
Last time the Republicans merely threatened the debt ceiling it costs us a credit rating.
To actually default would cost us dearly.
Not only would we be paying significantly more interest on trillions of dollars, but our currency would drop as well.
You will wake up and milk will be 10 dollars, a gallon of gas around 10 dollars too.
When this happens there will be no jobs. There will be anarchy and chaos. Murder in the streets.
It will be the hardcore Republican utopia. Those with ammo eat with bloody hands. Those without ammo stink up the streets.
I'm guessing Friday the 11th. The smart GOP are gonna crack by then.
"Obamacare delenda est"
Do I understand the winners get to split the pool of $16.7 Trillion?
A Government shut down is meaningless. It does cost the economy and it hurts a lot of lives. But in the big picture it is but a mosquito bite.
There have been many more Government shut downs than just the two under Clinton.
On October the 17th we default on our debt. This is an entirely different matter.
We have never come close to doing this. When the Republicans just toyed with the idea of it, it got our credit downgraded for the first time in American History.
For the purpose of comparison this is like comparing a nuclear bomb to a fire cracker.
Technically we are bound to pay whatever bills come in first. But some argue that we can pick and choose. If we choose social security checks, we fail to pay the interest on our debt. If we choose the interest, we fail to pay social security.
Eventually, no matter how you slice it, we will fail to pay that interest at some point.
As we approach the point again of failing to increase the debt limit to pay our bills, our credit will be down graded again.
Once we pass October 17th without an agreement, our credit will be massively downgraded.
Once this happens, the Nations of the world will cease to use our currency as their basis.
Our currency will collapse, (not entirely but it might as well).
The best case scenario is that there will be no jobs and everything will cost twice as much.
The worst case scenario is unthinkable.
Either way, it will take decades to stabilize our currency and to fix our credit.
The only positive in all of this is that we wont be having to worry about Republican sheep anymore.