This News of Import is long overdue, but with family stuff aplenty, the death of a loved one and so many other things going on not to mention that the crap hitting the fan is a routine occurrence under this WH administration.


To start with, let’s talk about the average American, the debt ceiling controversy sounds like a very frightening thing, in which failure to raise the debt ceiling is equivalent to a default, to which Pres. Obama has gone out of his way to try and spook the markets. If the giant bond funds like PIMCO and Blackrock which own hundreds of billions in Treasuries of all maturities were truly concerned about a cataclysmic event like a default, an orderly liquidation of portfolios would already be underway and 10 year rates would be going up and not down. Another barometer of bond market jitters is the interest rate spread between our 10 year Treasury note and the German 10 year bond referred to as the “Bund”. If the world was expecting turmoil in our treasury market then that spread would be expected to widen because investors would sell the falling Treasuries (rates go up) and buy the flight to safety instrument, in this case the Bund’s (rates go down). Over the last couple of weeks that spread has held steady, and in the last three or four sessions it has actually contracted by 6 or 7 basis points. The same exercise with the 10 year British instruments called Gilts yields similar results. A bond trader’s job is to analyze credit, and the markets are speaking loudly that right now there is ZERO worry of a U.S. government debt default.

If people in the know actually believed that Obama would fail to pay bondholders which is the law (Not that the law means anything to this admin as records show), despite taking in 5.5 times the amount of money he needs to pay the bondholders, U.S. bonds would be rated “junk bond” status and giant bondholders would be dumping them. It ain’t happening because we ain’t gonna default.

U.S. brings in $200 billion+ monthly in tax revenue. Interest payments on debt = $30 billion. We're not going to default.

What is a concern; The government cannot give to anybody anything that the government does not first take from somebody else.

Machiavelli presents a world characterized by the principle of fortunaa universe of chance and meaningless motion. And in such a universe, the ambitious man’s eros cannot be redirected towards a Good that does not exist.

Of the 17 shutdowns in America’s history, Democrats controlled the House during 15 and had charge of both chambers during eight. Five shutdowns happened under unified government! What stands out here is not the shutdown itself, but the president and Harry Reid’s public refusal even to engage with Republicans especially when he will have talks for the first time since 1979 with Iran along with other enemies of our country.

The Mainstream Media is not covering this, but it is food for thought. SHUTDOWN DAYS: FORD: 10 CARTER: 57 REAGAN: 14 GHW BUSH: 3 CLINTON: 26 GW BUSH: 0 OBAMA: 16”

Networks blamed shutdown on GOP in 41 stories --- 0 for Dems

The United States has added two times more debt than wealth in the past two years

150 Straight Days: Treasury Says Debt Stood Still at $16,699,396,000,000 (This is a statistical impossibility)

Speaker Boehner BROKE THE HASTERT RULE last night. The Hastert rule states you must have a majority of the majority vote to bring a bill up for vote and with 144 Repubs voting NO this is a violation of the rule. This Bill was passed by the Democrats and 87 Repubs who rejected the will of the people.

What's with the Dems and traitorous 87 Repubs not including the abomination of a Senate? Don't they care we have 17 trillion dollars in debt? Don't they have children? In reality it is all about power.

Shutdown Over: House and Senate Easily Pass Reid-McConnell Deal
UPDATE: House passes compromise 285-144 with the backing of 87 Republicans.

You're in good company, Barack Obama. King George III didn't like those pesky pamphleteers either.

Obama Includes Attack on Bloggers, Talk Radio and the First Amendment in His Shutdown Touchdown Dance (Video)

Official White House Message:
President Obama: "You don’t like a particular policy, or a particular President, then argue for your position and win an election."
The White House (@WhiteHouse) October 17, 2013

Senate Debt Deal Weakens Congress on Debt Ceiling

Report: American Women Selling Hair, Breast Milk, Eggs to Make Ends Meet

Far Left Bloomberg:

Study: Food Stamps Most Rapidly Growing Welfare Program
Expert: ‘There’s very little bang for all this increased buck’

DOJ Forces College Menu Change: Food Allergy is a Disability

Bungling bureaucrats dole out billions in tax credits to illegal immigrants

Billions in payments overlooked by agency’s leaders, Congress

Unions Asks for Shutdown to Be Deemed an Emergency
Union boss calls for employees to be allowed to skip loan payments, receive free gas

Harry Reid in his own Video Words
Harry Reid: Forget Constituents, We Serve the Government (Video)

Reid: ‘Why Would We Want To’ Help One Kid With Cancer? (Video)

Pelosi on Reid: 'Master at Work' (Video)

EBT Debit Card System Down In 17 States Briefly

Liberal CBS:

‘Thieves and Animals’: Glenn Beck Unloads Over Food Stamp ‘Glitch’ That Led to Walmart Ransacking

Los Angeles welfare bum threatens riot over EBT failure (Video)

States across the country are being told to stop the supplemental nutrition assistance program for the month of November, pending further notice.

Obama campaign donor heads Canadian firm that built Obamacare’s website

I mention this as if the software was free, why we millions? This "?" is rhetorical of course.

Obamacare Website Violates Licensing Agreement for Copyrighted Software

Company to pursue action against HHS for using copyrighted web script.

Socialized medicine’s class system

Obamacare Navigator Director Is an Illegal Immigrant

How Government Prolonged the Depression

Obama to Wall Street: This time be worried (Video) When have you heard of a president trying to cause a collapse in the market? A thought to ponder.

NPR Admits: 'They're Begging Markets to React'

HHS Sec. Sebelius: We Are Bringing Western Civilization to Its Knees With O-Care (Video)

Obamacare ‘navigator’ has warrant out for her arrest
According to conservative website The Daily Caller, Rosilyn Wells has an outstanding arrest warrant in Kansas. Wells is currently working as an Affordable Care Act navigator — a local resource for the new health care law.

Ex-ACORN operatives collecting taxpayer money to push ObamaCare

Navigating ObamaCare Outrage
How dare anyone ask anything about the law's implementation.

‘We Are Marching to the White House’: ‘Million Vet March’ Descends on Washington, Barricades Torn Down

PHOTOS: Veterans Overrun the Barricades, Liberate the Memorials in Washington!

Hyper-Partisan President Obama Violates Hatch Act To Attack Political Opponents With Government/DoD Mass E-Mail Communication

The American Spectator has in its possession a construct of an e-mail sent by President Obama and DoD Secretary Hagle to all military members attacking Republican opposition to his agenda and the Government Shutdown.  A clear violation of the Hatch Act.

    “Military and civilian employees of the federal government are absolutely prohibited from using government supplies, equipment, communication systems and facilities in any political activity.”   (DoD Memo)

Mounted police, helicopters, armored cars deployed as veterans protest Obama's shutdown theater

Tea party activists, cops clash at ‘Million Vet March’ (Video)

D.C. Metro Police Officers Pull American Flag From Protesting Veteran (Video)

Shutdown Shame: Denying Troop Death Benefits

Funding Jihadists while Denying Military Benefits

Remains of 274 Troops Reportedly Dumped in Virginia Landfill

Almost half a billion for public broadcasting, but nothing for families of fallen troops


Yet we have this fact!

Record 90,473,000 no Longer in Labor Force

The IRS Scandal continues and involves:

    At least 292 conservative groups targeted
    At least 5 pro-Israel groups targeted
    Constitutional groups targeted
    Groups that criticized Obama administration were targeted
    At least two pro-life groups targeted
    A Texas voting-rights group was targeted
    Conservative activists and businesses were targeted.
    At least 88 IRS agents were involved in the targeting scandal
    At least one conservative Hispanic group was targeted
    IRS continued to target groups even after the scandal was exposed

IRS Officials Sent Confidential Tax Info to Private Email Accounts

Official Letter:

IRS Officials Counseled White House on Contraception Mandate

Sent confidential taxpayer info, redaction indicates

Emails (Congressional Testimony):

This is a related News Story to the IRS and many other scandals in the Govt.

Glenn Beck Reveals a Story He Hasn’t Been Able to Share for Over a Year

Obamacare personal data used for law enforcement and to collect taxes

Recent College Grad Claims Obamacare Has 'Raped My Future'

The National Park Service is allowing an Oct. 8 pro-immigration rally on the national mall, even as it posts pickets and barriers to bar Americans from visiting their open-air memorials.

Obama OK’s illegals’ march on Mall, still blocks Americans

Obama hides aid for criminals in immigration bill

E-Verify is the newest victim of the government shutdown

Americans cross Obama’s parkway barriers

Department of Energy Discriminated Against Veterans
Whistleblowers faced retaliation

Committee Reveals Widespread Disability Scheme
Lawyer made millions off of fraudulent disability claims

Obama's Successful Foreign Failure
The president may look incompetent on Syria. But his behavior fits his strategy to weaken America abroad.

Canadian Muslims Protest 'Honor Killing' Label as Racist

Civilization Jihad Is the New Threat Posed by Muslim Brotherhood Inside America, Terrorism Experts Say

DHS Muslim Advisor Admits Islamist Ties

Muslim Jurists of America Urge Hostility to U.S. Legal System

The Assembly of Muslim Jurists of America (AMJA) declares that the only legitimate law according to Islam is sharia and urges American Muslims to nurture hostility towards U.S. law. The document, which was written in 2007 and presented at a 2008 Houston imams conference, makes clear that the AMJA’s ultimate goal, as described by scholar of Islam, Andrew Bosom, “is nothing less than the eventual subversion of the American legal system” to Islamic law (sharia).

Sharia in France: Journalist faces criminal trial for questioning Islam during radio debate

This is Islamic law: brutal, unforgiving, inhumane, and taking over Europe. Criticizing or offending Islam is blasphemy, and so the trials continue in Europe.

No More Sleeveless T-Shirts: Islamist Police Enforcing Sharia in Nigeria

Child Marriage Comes to Australia
The horrific crime is endorsed by nothing less than the example of Muhammad himself.

End of News of Import 10-17-2013