Rumors of Government Shutdown, hint that it is already underway

[TheNocturnalEgyptian]

They've been talking about a "Government Shutdown" due to a budget impasse. To be honest I haven't really paid much attention to the matter, because in my opinion, only the part of the government that YOU have access to would ever shut down - the government itself is incapable of shutting itself down fully.


But I am browing the rumor mills none the less; the shutdown deadline was supposed to be Friday Night, but according to this post it has already started:



I work for a company that trains new government employees on how their benefits work, how advancement and placement work, how to be a federal employee, etc. The TSA was the first to inform me that the government has already begin to shutdown.

GS 13-15’s in certain positions were handed an order about 45 minutes ago to cease processing anything new or “progressive”. New employees have already been sent home because training has been suspended. Certain offices with the TSA, CDC, Homeland Security, and EPA have closed satellite offices and employees told not to return to work until notified.

[jimswift]

Where I work we have a contract with a Federal agency and we have a weekly meeting with them.

No meeting this week as they were unable to fulfill the agreement and claimed preparing for a Gov. shutdown as the reason.

[midnight rambler]

As noted in the OP a 'government shutdown' is purely theater. Will the Federal Courts stop operating? Will the Justice Dept. stop prosecuting cases? Will the US BoP quit 'diesel therapy'? Will the ATF quit killing babies, wives and mothers, and family pets? Will the FBI quit running sting operations that run amok? Will the DoD quit broadcasting DU wherever in the world they please? Will 0bunghole quit jetting around in AF1?

[SHTF2010]

IMO, it's all fluff & distraction for this weekend

something is happening behind the curtain

[Large Sarge]

we can only hope this does happen, if it goes on long enough, maybe enough americans will realize they do not need or want the federal govt, and we can have a peaceful revolution

[Large Sarge]

I do not think this is all fluff,

The Fed has been monetizing upto 70%+ of the debt/bond market for years

at some point there will be a tipping point.

either they keep monetizing/inflating (and gas, groceries, etc goto the moon) or they make an attempt to reduce the federal parasite.

and keep in mind, we have not seen any good bailouts yet for the states that are bankrupt


the dollar is collapsing

[chad]

they'll have a deal later today. then they'll all come out backslapping each other about how they "saved the country," and they're "going to be getting down to more hard work the american people expect them to do."

[Book]

the dollar is collapsing



Every gold/silver dealer on Earth still demands FRNs as payment.

:D

[Large Sarge]

they'll have a deal later today. then they'll all come out backslapping each other about how they "saved the country," and they're "going to be getting down to more hard work the american people expect them to do."


if they do work a deal, it will just signal more dollar weakness....

[solid]

Every gold/silver dealer on Earth still demands FRNs as payment.

:D


I keep thinking about this point. At some time, the gold/silver dealers may just end up shutting their doors. They may not want FRN's anymore, if the dollar starts collapsing quickly.

[Ares]

the dollar is collapsing



Every gold/silver dealer on Earth still demands FRNs as payment.

:D


Not true, my gold / silver dealer will not charge me spot if I trade in a number of silver for gold or gold for silver. He will charge me above spot if I pay with FRN's. If I pay with credit card he'll charge a 2% transaction fee (that's common with any CC)

My point being is that barter and trade is still alive and well, but that he is FORCED to follow the LAW when it comes to that "legal tender" garbage. If he didn't accept FRN's he could be taken to court.

[Ponce]

For the good that the government is doing for us they may as will shut down.......Social Security checks will keep on coming.......that's all that I care about.

Shut down that armed forces and bring our boys and girls back home.

[JDRock]

...some fear the government shutting down... i fear them getting back to work! :plll

[cthulu]

great time for false flag/mossad dirty bomb. every one will either blame japan or brown people.

[Antonio]

Every gold/silver dealer on Earth still demands FRNs as payment.

:D


I keep thinking about this point. At some time, the gold/silver dealers may just end up shutting their doors. They may not want FRN's anymore, if the dollar starts collapsing quickly.


People are cheering new Ag highs but my PM dealer once said: "nobody has to give give you the top price". I can add that nobody has to give you any price. When Ag went to 50$ the last time,no dealer would touch the stuff and they were right because the price collapsed within hrs.

[JDRock]

As noted in the OP a 'government shutdown' is purely theater. Will the Federal Courts stop operating? Will the Justice Dept. stop prosecuting cases? Will the US BoP quit 'diesel therapy'? Will the ATF quit killing babies, wives and mothers, and family pets? Will the FBI quit running sting operations that run amok? Will the DoD quit broadcasting DU wherever in the world they please? Will 0bunghole quit jetting around in AF1?


bullseye.....

[dys]

They are sitting on trillions of dollars worth of assets. http://gold-silver.us/forum/general-discussion/documentary-the-corporation-nation/

dys

[Kali]

They should shut down the IRS first.

[Cobalt]

I was listening to a show yesterday and they had a list of what would shut down and what wouldn't and why.

National parks will close

Social Security won't because it funds itself

Medicare won't because it has it's own account but won't be making payments to doctors

IRS will quit processing new received paper returns but will continue filing electronic ones

Federal Courts won't because they have their own bank account funded by processing fees, they have enough cushion to remain open for 2 weeks

CONgress members are allowed to furlough any staff member they feel is not needed, the ones polled said they intend to keep all staff working (go figure)

The EPA will remain open but at reduced staff, no new permits will be issued

Homeland Security will remain open

Armed Forces will remain open

[Hatha Sunahara]

I'd be shutting down too if I spent all my money on 'security' programs, regulatory agencies that strangle productivity, and interest on my maxed out credit cards. Our wars are what is killing us. Iraq, Afghanistan, Libya, war on terror, war on drugs, war on dissent, war on everything that's human.

It's about time we got a little easing of the effects of our paranoid government. They have a war on terror where there is no identifiable enemy, and three wars going on in places where we have no identifiable interests. They are like an alcoholic with DTs. They won't take responsibility for causing all their problems themselves.

We will see in this 'shutdown' whether all the 'paranoia programs' continue. My guess is that the last programs to be cut are those related to the three wars we are fighting. I use the term 'we' loosely. It is not 'we the people' who are spending us into oblivion. It is a small minority of elite who are completely insane, and control the campaign contributions and perks of the politicians. I doubt that they will lose control of the government even if it shuts down.


Hatha

[sirgonzo420]

the dollar is collapsing



Every gold/silver dealer on Earth still demands FRNs as payment.

:D


Not true, my gold / silver dealer will not charge me spot if I trade in a number of silver for gold or gold for silver. He will charge me above spot if I pay with FRN's. If I pay with credit card he'll charge a 2% transaction fee (that's common with any CC)

My point being is that barter and trade is still alive and well, but that he is FORCED to follow the LAW when it comes to that "legal tender" garbage. If he didn't accept FRN's he could be taken to court.


He could be *taken* to court, but he could win.

FRNs are only "legal tender" for payment of *debt*.

When you 'buy' a silver coin with a FRN, it is not a debt you are paying off, but a purchase you are making.

If you owe the electric company, they would have to accept your FRN payment, because you have a DEBT which the FRN is able to DISCHARGE.

A "purchase" is not a "debt", unless delivery is taken before payment, in which case the debt could be discharged by FRN according to its (bullshit) "legal tender" status.

[Libertytree]

They should shut down the IRS first.


The very last thing they would shut down is the IRS, at least the $ intake dept. Of course the refund dept is a wholly nother matter.

[sirgonzo420]

They should shut down the IRS first.


The very last thing they would shut down is the IRS, at least the $ intake dept. Of course the refund dept is a wholly nother matter.




They are supposedly shutting down their auditing department and they won't be answering the phone.

[madfranks]

we can only hope this does happen, if it goes on long enough, maybe enough americans will realize they do not need or want the federal govt, and we can have a peaceful revolution




People will still want to build, and they will build without the gov't hampering their efforts; people will still want to start businesses, and they will start a company without the gov't getting in the way. People would realize how much better it is with the gov't out of the way. For this reason they'll never let it happen. It's theatrics, I hate to say it, but it is.

[Horn]

They are supposedly shutting down their auditing department and they won't be answering the phone.


Guess they'll be filling for the pension and severance payments early then?

http://www.youtube.com/watch?v=Ka7uuGeOpYM

[mick silver]

American makers of plowshares could, with time and as required, make swords as well. But now we can no longer risk emergency improvisation of national defense; we have been compelled to create a permanent armaments industry of vast proportions Eisenhower's Farewell Address to the Nation

[ximmy]

Every gold/silver dealer on Earth still demands FRNs as payment.

:D


I keep thinking about this point. At some time, the gold/silver dealers may just end up shutting their doors. They may not want FRN's anymore, if the dollar starts collapsing quickly.


I got mine... ;D

[Horn]

I got mine... ;D


http://www.youtube.com/watch?v=8vFQmXh6aMA

[Buddha]

Maybe there will be a FF during one of these "shut downs" Then they can say: "See niggaz we told you we were needed, whats really good with it?"

[platinumdude]

Looks like it has been averted

http://www.politico.com/news/stories/0411/52836.html

White House and Republicans reach deal to avoid government shutdown

[osoab]

Looks like it has been averted

http://www.politico.com/news/stories/0411/52836.html

White House and Republicans reach deal to avoid government shutdown





Backslaps for everyone! :oo-->

[platinumdude]

I think Monday the dollar will rally and silver will drop.

[BrewTech]

they'll have a deal later today. then they'll all come out backslapping each other about how they "saved the country," and they're "going to be getting down to more hard work the american people expect them to do."


We have a winner!

[Book]

White House and Republicans reach deal to avoid government shutdown



http://www.greentproductions.org/lionsmall.jpg.jpg

CHANGE WE CAN BELIEVE IN

:D

YES WE CAN

:D

HOPE

:D

[ximmy]

You! Your the one... We do it all for you!!!

http://www.youtube.com/watch?v=x_BrKD3mgF4

[KingTheoden]

Both in terms of administration and policy, the GOP yet again shows itself to be scarcely distinguishable from their fellow professional politicians, the Democrats.

By cutting a statistically insignificant $38 billion, being silent on the dramatic inequity of our monetary policy, and completely capitulating on the issues of abortion, EPA CO2 rules, and Obamacare, they have shown that there is only one class of people (aside from corporations bribing for contracts of course) who get personally involved with candidates and campaigning: Dumb F'in rubes (to paraphrase Enoch Thompson.)

Perhaps this deal could be the catalyst for my awaited PM correction, with the narrative being compromise backslapping inspires dollar positive confidence.

[SilverMagnet]

If by shutting down the government they mean bringing all troops home, ceasing all foreign occupation and slashing the trillion dollar MIC budget then let's get it on.. otherwise stfu.

[Shami-Amourae]

Looks like they aren't doing it:
http://www.youtube.com/watch?v=QA9ChQCJs_o


So they are cutting $38 billion, which is basically how much they spend in little over one day (the Federal government spends $30 billion a day,) and no that isn't an exaggeration. So they cut one day's worth of spending and the entire fiscal problem is solved. You've got to be kidding me?


http://news.yahoo.com/s/ap/us_spending_showdown

[Cobalt]

The favored drink of CONgress

http://barczys.com/taptracker/wp-content/uploads/2010/10/arrogant-bastard.jpg

[osoab]

Shutdown Part Deux!


http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg (http://www.zerohedge.com/users/tyler-durden)
Senate Kills Latest House CR Proposal (http://www.zerohedge.com/news/2013-09-30/senate-kills-latest-house-cr-proposal)Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 09/30/2013 - 21:26 http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2013/09/Senate%203rd%20Table_0.jpg (http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2013/09/Senate%203rd%20Table.jpg)
They came, they voted, and they killed the latest, third, Continuing Resolution amendment just passed minutes ago by the House. What happens next: either nothing and the US government shuts down in two and a half hours, or the farce can repeat for the fourth time and when the House gets the tabled CR back from Senate, House Republicans could hold a conference, go to Rules, and put a new Continuing Resolution on the floor later tonight. Which, however, unless it is "clean" will be voted down again.



http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg (http://www.zerohedge.com/users/tyler-durden)
House Passes Latest Continuing Resolution, Sends To Senate Which Will Reject: Government Shuts Down In Three Hours (http://www.zerohedge.com/news/2013-09-30/house-passes-latest-continuing-resolution-sends-senate-which-will-reject)Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 09/30/2013 - 20:48 As almost everyone expected, the House just passed the stop-gap bill, with its individual mandate delaying amendment, which was also the third Continuing Resolution passed by the House, in a 228 to 201 vote. Surprisingly 12 Republicans voted Nay and 9 Democrats voted Aye. Off it goes now to the Senate. But, the moment it broke on the wires, Harry Reid has his response:


*SENATE MAJORITY LEADER REID SAID SENATE WON'T PASS HOUSE PLAN
*SENATOR REID SAYS HOUSE REPUBICANS WANT TO SHUT DOWN GOVERNMENT

So it looks like we are heading to a government shutdown tonight (and for now the S&P does not care one little bit).

[Son-of-Liberty]

SO what is the actual consequence of a shutdown?

Gold to pluge another hundred dollars?

Or is this just Kabuki theater?

[Shami-Amourae]

Waiting for Silver to drop down to $15, then I'll buy again.

[BrewTech]

Waiting for Silver to drop down to $15, then I'll buy again.

So would I. Be nice to get some of my stack back.

[osoab]

Nice dip for Shami

http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg (http://www.zerohedge.com/users/tyler-durden)
Furloughed Government Workers Selling Gold, Silver? (http://www.zerohedge.com/news/2013-10-01/furloughed-government-workers-selling-gold-silver)Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 10/01/2013 - 08:17 http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2013/09/20131001_gold_1.jpg
While gold prices remain above their pre-Un-Taper levels, they have been monkey-hammered once again this morning as the world awakes to a US Government shutdown for the first time in 17 years. Silver has retraced all its post-Un-Taper gains and is holding at those lows. It seems the department of precious metals selling has been deemed essential... or are the furloughed government workers all selling their gold? Of course, for the conspiracy fact crowd, this makes perfect sense. On a day when the foundation of the USA is shown for its farcical reality, what better signal to the world is there than a US equity capital market rally and barbarous relic selloff to signal the status quo is as strong as ever?

[Son-of-Liberty]

Nice dip for Shami

http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg (http://www.zerohedge.com/users/tyler-durden)
Furloughed Government Workers Selling Gold, Silver? (http://www.zerohedge.com/news/2013-10-01/furloughed-government-workers-selling-gold-silver)Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 10/01/2013 - 08:17 http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2013/09/20131001_gold_1.jpg
While gold prices remain above their pre-Un-Taper levels, they have been monkey-hammered once again this morning as the world awakes to a US Government shutdown for the first time in 17 years. Silver has retraced all its post-Un-Taper gains and is holding at those lows. It seems the department of precious metals selling has been deemed essential... or are the furloughed government workers all selling their gold? Of course, for the conspiracy fact crowd, this makes perfect sense. On a day when the foundation of the USA is shown for its farcical reality, what better signal to the world is there than a US equity capital market rally and barbarous relic selloff to signal the status quo is as strong as ever?

I've been thinking the exact same thing. Back in 2011 under similar circumstances Gold and silver were rallying. Now with continued QE and the GOV shutdown they not only don't rally but sell off? What better evidence do you need that the market for PM's is 100% being controlled by paper manipulators?

[osoab]

http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg (http://www.zerohedge.com/users/tyler-durden)
Bart Chilton To Commodities Traders: You Are On Your Own (http://www.zerohedge.com/news/2013-10-01/bart-chilton-commodities-traders-you-are-your-own)Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 10/01/2013 - 11:30 http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2013/09/Bart%20Chilton_0_0.jpgFrom: Chilton, Bart <BChilton@cftc.gov>
Subject: Re: Today's Smackdown
No regulators looking at markets due to government shut down.
B

[madfranks]

http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg (http://www.zerohedge.com/users/tyler-durden)
Bart Chilton To Commodities Traders: You Are On Your Own (http://www.zerohedge.com/news/2013-10-01/bart-chilton-commodities-traders-you-are-your-own)

Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 10/01/2013 - 11:30 http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2013/09/Bart%20Chilton_0_0.jpgFrom: Chilton, Bart <BChilton@cftc.gov>
Subject: Re: Today's Smackdown
No regulators looking at markets due to government shut down.
B

What a convenient excuse should the markets crash again sometime soon.

[osoab]

Feds will let states pay to reopen national parks (http://www.adn.com/2013/10/10/3118433/apnewsbreak-feds-to-let-states.html)


http://media.adn.com/smedia/2013/10/10/14/21/312-qPGBD.AuSt.55.jpeg



I heard this happened back in 95 or whenever the last shutdown occurred. Az ponied up to keep the Grand Canyon open.





Shutdown may hit Alaska "Deadliest Catch" fishery (http://www.adn.com/2013/10/09/3117100/shutdown-threatens-lucrative-alaska.html)

No one is home to set the quotas.

[milehi]

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