{"id":67165,"date":"2017-02-28T07:50:40","date_gmt":"2017-02-28T11:50:40","guid":{"rendered":"https:\/\/stateofthenation2012.com\/?p=67165"},"modified":"2017-02-28T07:55:28","modified_gmt":"2017-02-28T11:55:28","slug":"obama-boehners-debt-ceiling-holiday-scam-ends-march-15-2017-fraudulent-debt-ceiling-will-freeze-in-at-20-trillion","status":"publish","type":"post","link":"https:\/\/stateofthenation2012.com\/?p=67165","title":{"rendered":"The Ides of March 2017 and the $20 Trillion Debt Ceiling Fraud"},"content":{"rendered":"<h1 class=\"title\">Obama &amp; Boehner\u2019s Debt Ceiling Holiday Scam Ends March 15, 2017: Fraudulent Debt Ceiling Will Freeze In At $20\u00a0Trillion!<\/h1>\n<p><!--more--><\/p>\n<p>Political Vel Craft<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-114451\" src=\"http:\/\/rasica.files.wordpress.com\/2017\/02\/barack-oboehner.jpg?w=588&amp;h=647\" sizes=\"auto, (max-width: 588px) 100vw, 588px\" srcset=\"http:\/\/rasica.files.wordpress.com\/2017\/02\/barack-oboehner.jpg?w=588&amp;h=647 588w, http:\/\/rasica.files.wordpress.com\/2017\/02\/barack-oboehner.jpg?w=1176&amp;h=1294 1176w, http:\/\/rasica.files.wordpress.com\/2017\/02\/barack-oboehner.jpg?w=136&amp;h=150 136w, http:\/\/rasica.files.wordpress.com\/2017\/02\/barack-oboehner.jpg?w=273&amp;h=300 273w, http:\/\/rasica.files.wordpress.com\/2017\/02\/barack-oboehner.jpg?w=768&amp;h=845 768w, http:\/\/rasica.files.wordpress.com\/2017\/02\/barack-oboehner.jpg?w=728&amp;h=800 728w\" alt=\"barack-oboehner\" width=\"588\" height=\"647\" data-attachment-id=\"114451\" data-permalink=\"http:\/\/politicalvelcraft.org\/2017\/02\/27\/obama-boehners-debt-ceiling-holiday-scam-ends-march-15-2017-fraudulent-debt-ceiling-will-freeze-in-at-20-trillion\/barack-oboehner\/\" data-orig-file=\"http:\/\/rasica.files.wordpress.com\/2017\/02\/barack-oboehner.jpg\" data-orig-size=\"1536,1689\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"barack-oboehner\" data-image-description=\"\" data-medium-file=\"http:\/\/rasica.files.wordpress.com\/2017\/02\/barack-oboehner.jpg?w=273\" data-large-file=\"http:\/\/rasica.files.wordpress.com\/2017\/02\/barack-oboehner.jpg?w=588&amp;h=647\" \/><\/p>\n<p>Former Reagan Administration White House Budget Director David Stockman says financial pain is a mathematical certainty.<\/p>\n<blockquote><p>Stockman explains, \u201cI think we are likely to have more of a fiscal bloodbath rather than fiscal stimulus. Unfortunately for Donald Trump, not only did the public vote the establishment out, they left on his doorstep the inheritance of 30 years of debt build-up and a fiscal policy that\u2019s been really reckless in the extreme.<\/p>\n<p>People would like to think he\u2019s the second coming of Ronald Reagan and we are going to have morning in America. Unfortunately, I don\u2019t think it looks that promising because Trump is inheriting a mess that pales into insignificance what we had to deal with in January of 1981 when I joined the Reagan White House as Budget Director.\u201d<\/p>\n<ul>\n<li><a href=\"http:\/\/politicalvelcraft.org\/2016\/04\/19\/revolt-of-the-debt-slaves-when-the-herd-turns\/\"><em>Revolt Of The Debt Slaves: When The Herd Turns<\/em><\/a><\/li>\n<li><a href=\"http:\/\/politicalvelcraft.org\/2017\/02\/22\/spain-joins-france-switzerland-the-united-states-recent-court-decisions-against-the-nwo-central-bank-cartel\/\"><em>Spain Joins France, Switzerland &amp; The United States: Recent Court Decisions Against The NWO Central Bank Cartel<\/em><\/a><\/li>\n<\/ul>\n<\/blockquote>\n<p>So, can the Trump bump in the stock market keep going?<\/p>\n<blockquote><p><img loading=\"lazy\" decoding=\"async\" class=\"size-thumbnail wp-image-33538\" src=\"http:\/\/rasica.files.wordpress.com\/2009\/04\/viking-th1-bl-rustic.jpg?w=98&amp;h=150\" sizes=\"auto, (max-width: 98px) 100vw, 98px\" srcset=\"http:\/\/rasica.files.wordpress.com\/2009\/04\/viking-th1-bl-rustic.jpg?w=98&amp;h=150 98w, http:\/\/rasica.files.wordpress.com\/2009\/04\/viking-th1-bl-rustic.jpg?w=196&amp;h=300 196w\" alt=\"Volubrjotr\" width=\"98\" height=\"150\" data-attachment-id=\"33538\" data-permalink=\"http:\/\/politicalvelcraft.org\/about\/viking-th1-bl-rustic-2\/\" data-orig-file=\"http:\/\/rasica.files.wordpress.com\/2009\/04\/viking-th1-bl-rustic.jpg\" data-orig-size=\"267,409\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"Viking TH1 BL Rustic\" data-image-description=\"\" data-medium-file=\"http:\/\/rasica.files.wordpress.com\/2009\/04\/viking-th1-bl-rustic.jpg?w=196\" data-large-file=\"http:\/\/rasica.files.wordpress.com\/2009\/04\/viking-th1-bl-rustic.jpg?w=267\" \/><\/p>\n<p>The bump was an orchestrated algorithm using the election cycle as a prop. This is the level where the insiders are slowly dumping their stock so as not to arouse suspicion and the uninformed gullibles are handing their money over to these banking cabal zionists\u00a0before the March 15, 2017 holiday freeze~ Volubrjotr<\/p>\n<ul>\n<li><a href=\"http:\/\/politicalvelcraft.org\/2017\/01\/30\/dow-jones-companies-report-sinking-revenues-yet-rises-to-20000-alarm-bells-are-ringing-willie\/\"><em>Dow Jones Companies Report Sinking Revenues Yet Rises To 20,000: Alarm Bells Are Ringing Willie<\/em><\/a><\/li>\n<li><a href=\"http:\/\/politicalvelcraft.org\/2017\/01\/18\/u-s-supreme-court-allows-antitrust-lawsuits-to-move-against-jp-morgan-chase-citigroup-bank-of-america\/\"><em>U.S. Supreme Court Allows Antitrust Lawsuits To Move Against JP Morgan Chase, Citigroup, &amp; Bank Of America<\/em><\/a><\/li>\n<li><a href=\"http:\/\/politicalvelcraft.org\/2016\/03\/17\/everything-is-awesome-right-before-the-entire-economy-collapses-no-problem-for-iceland-as-they-jailed-the-bankers-nullified-the-debt\/\"><em>Everything Is Awesome Right Before The Entire Economy Collapses: No Problem For Iceland As They Jailed The Bankers &amp; Nullified The Debt.<\/em><\/a><\/li>\n<\/ul>\n<\/blockquote>\n<p>Stockman, who wrote a book titled \u201cTrumped\u201d predicting a Trump victory in 2016, says,<\/p>\n<blockquote>\n<ol>\n<li>\u201cI don\u2019t think there is a snowball\u2019s chance in the hot place that\u2019s going to happen.<\/li>\n<li>This is delusional.<\/li>\n<li>This is the greatest suckers\u2019 rally of all time.<\/li>\n<li>It is based on pure hopium and not any analysis at all as what it will take to push through a big tax cut.<\/li>\n<li>Donald Trump is in a trap.<\/li>\n<li>Today the debt is $20 trillion.<\/li>\n<li>It\u2019s 106% of GDP. . . .<\/li>\n<li>Trump is inheriting a built-in deficit of $10 trillion over the next decade under current policies that are built in.<\/li>\n<li>Yet, he wants more defense spending, not less.<\/li>\n<li>He wants drastic sweeping tax cuts for corporations and individuals.<\/li>\n<li>He wants to spend more money on border security and law enforcement.<\/li>\n<li>He\u2019s going to do more for the veterans.<\/li>\n<li>He wants this big trillion dollar infrastructure program.<\/li>\n<li>You put all that together and it\u2019s madness.<\/li>\n<li>It doesn\u2019t even begin to add up, and it won\u2019t happen when you are struggling with the $10 trillion of debt that\u2019s coming down the pike and the $20 trillion that\u2019s already on the books.\u201d<\/li>\n<\/ol>\n<\/blockquote>\n<div id=\"attachment_114460\" class=\"wp-caption aligncenter\" data-shortcode=\"caption\">\n<p><img decoding=\"async\" class=\"size-full wp-image-114460\" src=\"http:\/\/rasica.files.wordpress.com\/2017\/02\/david-stockman.jpg?w=588\" sizes=\"(max-width: 568px) 100vw, 568px\" srcset=\"http:\/\/rasica.files.wordpress.com\/2017\/02\/david-stockman.jpg 568w, http:\/\/rasica.files.wordpress.com\/2017\/02\/david-stockman.jpg?w=150 150w, http:\/\/rasica.files.wordpress.com\/2017\/02\/david-stockman.jpg?w=300 300w\" alt=\"Reagan budget director has mastered the art of playing the iconoclastic truth-teller.\" data-attachment-id=\"114460\" data-permalink=\"http:\/\/politicalvelcraft.org\/2017\/02\/27\/obama-boehners-debt-ceiling-holiday-scam-ends-march-15-2017-fraudulent-debt-ceiling-will-freeze-in-at-20-trillion\/david-stockman\/\" data-orig-file=\"http:\/\/rasica.files.wordpress.com\/2017\/02\/david-stockman.jpg?w=588\" data-orig-size=\"568,379\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"david-stockman reagan\" data-image-description=\"\" data-medium-file=\"http:\/\/rasica.files.wordpress.com\/2017\/02\/david-stockman.jpg?w=588?w=300\" data-large-file=\"http:\/\/rasica.files.wordpress.com\/2017\/02\/david-stockman.jpg?w=588?w=568\" \/><\/p>\n<p class=\"wp-caption-text\">Reagan budget director has mastered the art of the iconoclastic truth-teller.<\/p>\n<\/div>\n<blockquote>\n<ul>\n<li><em><a href=\"http:\/\/politicalvelcraft.org\/2015\/12\/16\/to-hell-with-the-rothschild-financial-collapse-nullify-the-debt-like-iceland-and-bring-them-to-justice\/\">To Hell With The Rothschild Financial Collapse: Nullify The Debt Like Iceland And Bring Them To Justice!<\/a><\/em><\/li>\n<\/ul>\n<\/blockquote>\n<p>Then, Stockman drops this bomb and says,<\/p>\n<blockquote><p><strong><em>\u201cI think what people are missing is this date, March 15th 2017. That\u2019s the day that this debt ceiling holiday that Obama and Boehner put together right before the last election in October of 2015.<\/em><\/strong><\/p>\n<h3><strong><em>That holiday expires. The debt ceiling will freeze in at $20 trillion. It will then be law. It will be a hard stop.<\/em><\/strong><\/h3>\n<p><strong><em>The Treasury will have roughly $200 billion in cash. We are burning cash at a $75 billion a month rate.<\/em><\/strong><\/p>\n<p>$200B\/$75B =&gt; 2.6 months \u00a0puts us into the first week of June =&gt; $0B<\/p>\n<p><strong><em>By summer, they will be out of cash. Then we will be in the mother of all debt ceiling crises. Everything will grind to a halt.<\/em><\/strong><\/p>\n<p><strong><em>I think we will have a government shutdown. There will not be an <a href=\"http:\/\/politicalvelcraft.org\/2013\/09\/11\/rothschilds-czars-cantor-boehner-plan-procedural-sedition-trick-to-fund-lenins-obamacare\/\">Obama Care<\/a> repeal and replace. There will be no tax cut. There will be no infrastructure stimulus. There will be just one giant fiscal bloodbath over a debt ceiling that has to be increased and no one wants to vote for.\u201d<\/em><\/strong><\/p><\/blockquote>\n<p>Stockman also predicts very <a href=\"http:\/\/politicalvelcraft.org\/2017\/01\/02\/2017-20-trillion-us-debt-1025-bitcoin-1005-silver-9096-gold\/\">positive price moves for gold and silver<\/a> as a result of the coming budget calamity.<\/p>\n<blockquote>\n<ul>\n<li><a href=\"http:\/\/politicalvelcraft.org\/2017\/02\/02\/president-trump-nullifies-irs-obamacare-penalty-enforcement\/\"><em>President Trump Nullifies IRS Obamacare Penalty Enforcement<\/em><\/a><\/li>\n<li><a href=\"http:\/\/politicalvelcraft.org\/2017\/02\/05\/breaking-appeals-court-silver-rigging-jp-morgan-bank-must-stand-trial\/\"><em>Breaking Appeals Court Silver Rigging: JP Morgan Bank Must Stand Trial.<\/em><\/a><\/li>\n<li><a href=\"http:\/\/politicalvelcraft.org\/2017\/01\/23\/president-trump-nullifies-the-trans-pacific-partnership-precluding-the-need-for-constitutional-lawsuits\/\"><em>President Trump Nullifies The Trans-Pacific Partnership Precluding The Need For Constitutional Lawsuits<\/em><\/a><\/li>\n<li><a href=\"http:\/\/politicalvelcraft.org\/2017\/01\/28\/president-trump-unveils-three-more-executive-orders-restoring-liberty-precluding-constitutional-lawsuits-to-do-so\/\"><em>President Trump Unveils Three More Executive Orders: Restoring Liberty Precluding Constitutional Lawsuits To Do So<\/em><\/a><\/li>\n<\/ul>\n<\/blockquote>\n<p>Join Greg Hunter as he goes One-on-One with financial expert and best-selling author <a href=\"http:\/\/davidstockmanscontracorner.com\/author\/stockdav\/\">David Stockman<\/a>. The author of \u201cTrumped!\u201d The book that predicted Donald Trump\u2019s 2016 victory.<\/p>\n<p><span class=\"embed-youtube\"><iframe loading=\"lazy\" class=\"youtube-player\" src=\"http:\/\/www.youtube.com\/embed\/7xgNncFHAng?version=3&amp;rel=1&amp;fs=1&amp;autohide=2&amp;showsearch=0&amp;showinfo=1&amp;iv_load_policy=1&amp;wmode=transparent\" width=\"588\" height=\"361\" allowfullscreen=\"allowfullscreen\" data-mce-fragment=\"1\"><\/iframe><\/span><\/p>\n<p>___<br \/>\n<a href=\"http:\/\/politicalvelcraft.org\/2017\/02\/27\/obama-boehners-debt-ceiling-holiday-scam-ends-march-15-2017-fraudulent-debt-ceiling-will-freeze-in-at-20-trillion\/\">http:\/\/politicalvelcraft.org\/2017\/02\/27\/obama-boehners-debt-ceiling-holiday-scam-ends-march-15-2017-fraudulent-debt-ceiling-will-freeze-in-at-20-trillion\/<\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Obama &amp; Boehner\u2019s Debt Ceiling Holiday Scam Ends March 15, 2017: Fraudulent Debt Ceiling Will Freeze In At $20\u00a0Trillion!<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-67165","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/stateofthenation2012.com\/index.php?rest_route=\/wp\/v2\/posts\/67165","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stateofthenation2012.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stateofthenation2012.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stateofthenation2012.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stateofthenation2012.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=67165"}],"version-history":[{"count":0,"href":"https:\/\/stateofthenation2012.com\/index.php?rest_route=\/wp\/v2\/posts\/67165\/revisions"}],"wp:attachment":[{"href":"https:\/\/stateofthenation2012.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=67165"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stateofthenation2012.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=67165"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stateofthenation2012.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=67165"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}