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Obama Wanted Government Shutdown – And Probably Default As Well ?

October 2, 2013 by mosesman

obama-has-made-america-national-debt-debtor-nation

  • Obama Wanted Government Shutdown—And Probably Default As Well? 
    by http://larouchepac.com/ 
    An informed Washington source says that Obama, directed by Valerie Jarrett and David Axelrod, wanted this government shutdown, anticipating that it will damage the Republicans more than himself. He is trying to force Democrats into line by offering the prospect of retaking the House of Representatives in 2014, and has a superPAC raising Wall Street money for selected House Democratic candidates. For example, he made no attempt to call Reid, McConnell, Boehner and Pelosi to the White House to settle the matter as he has in the past. Instead, he went on television Monday with a statement blaming Republicans.
    –

    NPR asked him in a Monday interview, “If there is no agreement, if the debt ceiling is — debt limit reached, if the United States is going into default or at risk of going into default, you absolutely will not negotiate, even in that circumstance?” Obama answered, “I will absolutely not negotiate.” Asked whether he would even negotiate on repealing the medical devices tax, he said no, not under threat of shutdown or default.
    –
    The U.S. government default, the first in its history, which will probably follow some time after October 17 if this impasse continues, will trigger a far greater catastrophe. But already, the 700,000 furloughed Federal workers in the DC area represent about 15% of the workforce in that area, on top of an effective 5% already furloughed or laid off under the sequester. Effectively, 15% of the workforce has been furloughed in a day. Another large part of the Washington workforce is Federal contractors. Federal agencies are now calling contractors to tell them which contracts will continue and which are suspended. Many employees of contractors will probably be laid off, rather than simply furloughed. All told, this combined blow will have an enormous ripple effect on the economy in this area. Add to this that the paychecks of the Federal workers who are still at work will be delayed until the end of the shutdown, if it lasts longer than a week or two. Will we see the beginning of Detroit conditions coming to the nation’s capital?

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One comment

  1. tony999 says:
    October 12, 2013 at 8:13 pm

    IS obama THE RIDICULOUS PUPPET OF JACOB ROTHSCHILD, BENJAMIN DE ROTHSCHILD, ARIANE DE ROTHSCHILD AND EVELYN DE ROTHSCHILD ?

    ” LaRouche: Behind The Shutdown & Debt Ceiling Swindle Wall St. Orders Obama To Kill Glass-Steagall

    PDF leaflet available here. http://larouchepac.com/node/28432

    Wall Street had demanded that President Barack Obama stop the reinstatement of Glass Steagall at all costs and instead move ahead with more bailouts and bail-in looting of the American people to preserve their thoroughly bankrupt system. The Wall Street policy means an acceleration of crippling hyperinflation, devastating austerity and, ultimately, mass murder of the nation’s most vulnerable citizens.
    Several highly qualified Washington sources have confirmed that this was the ultimatum delivered by the Wall Street delegation that met privately with Obama on Wednesday afternoon Oct. 2 at the White House. The delegation was organized by the Financial Services Forum, a coalition of the nation’s 19 biggest banks and insurance companies, and included Jamie Dimon, CEO of JPMorgan Chase; Lloyd Blankfein, CEO of Goldman Sachs; Brian Moynihan, CEO of Bank of America; Michael Corbat, CEO of Citibank; and Anshu Jain, CEO of Deutsche Bank.
    IMF Managing Director Christine Lagarde delivered the same message in an interview with the Financial Times on Oct. 4, in which she demanded that the Federal Reserve maintain the $85 billion a month quantitative easing bailout of the top Wall Street and Europe banks indefinitely. And Treasury Secretary Jack Lew, speaking for Obama, threatened that any U.S. default will trigger a financial crisis far worse than the September 2008 meltdown.
    The reality, as bluntly stated by Lyndon LaRouche today, is that the ongoing government shutdown and threatened default on U.S. sovereign debt on Oct. 17 is nothing more than an orchestrated swindle, aimed at conditioning the American people for the murderous policies that have already been accepted by Obama and by leading Congressional Republicans.
    LaRouche warned: “Unless Glass Steagall is passed into law immediately, Obama and Wall Street plan to unleash the worst mass murder austerity and looting of the American people ever. The total separation of commercial banking from all the gambling activities under Glass Steagall is the only remedy. Bankrupt Wall Street now, before they can unleash their genocidal schemes full-force. President Obama is nothing but a tool of these Wall Street interests, as evidenced by his slavish commitment to maintain the bailout/bail-in program and stop Glass Steagall.”
    LaRouche continued: “In a matter of days or weeks, Obama and his Congressional Republican cohorts, on orders from Wall Street, are going to unleash absolute Hell on the American public through even deeper killer austerity cuts than the sequestration of the past months. The government shutdown is the biggest dog and pony show ever, intended to prepare the population to accept more hyperinflation, more bailouts and bail-ins, and worsening conditions so that Wall Street can survive a bit longer while honest, hard-working Americans die in ever greater numbers.
    “It is time for Congress to break from Wall Street and the bankers stooge in the White House, and do the only thing that can set the United States back on a course of genuine prosperity: Pass Glass Steagall by a veto-proof majority this week.”
    “By passing Glass Steagall, the vise-grip of Wall Street is immediately broken. Once the too-big-to-fail banks are no longer kept alive by tax-payers bailouts and depositor bail-ins, they go under. Good riddance! We are then left with a viable but undercapitalized commercial banking system and with an immediate opportunity to revive Federal government credit to launch great economic projects like NAWAPA and an Apollo-style crash international program for commercial thermonuclear fusion energy.”
    “The moment of truth has arrived,” LaRouche concluded, “and I call on the American people to demand that Congress stop behaving like a bunch of corrupt fools, going along with the Wall Street Obama swindle. Pass Glass Steagall, wipe out the power of Wall Street and their European allies, and get on with the business of reviving this nation and the world around a plan of genuine development, as my colleagues and I have spelled out.” ” http://larouchepac.com/node/28430 http://larouchepac.com/node/28498

    WHO CONTROLS WALL STREET AND obama ?

    1) ” JPMORGAN Chase has an International Council which provides advice to the bank’s leadership on economic, political and social trends across various regions and around the world. The International Council is chaired by TONY BLAIR, former Prime Minister of the UK, who also sits as an adviser to Zurich Financial. ” http://www.occupy.com/article/global-power-project-part-4-banking-influence-jpmorgan-chase
    THE BLAIR’S FAMILY HAS FRIENDSHIPS WITH THE FAMILY OF JACOB ROTHSCHILD. https://en.wikipedia.org/wiki/Jacob_Rothschild,_4th_Baron_Rothschild
    http://www.telegraph.co.uk/news/celebritynews/6672904/Roman-Polanski-will-be-too-late-to-complete-his-film.html
    “Tony Blair. Illegitimate Son Of Jacob Rothschild….Evidence”
    http://the-tap.blogspot.com/2012/06/can-you-spot-it.html
    TONY BLAIR IS ALSO A FRIEND OF EVELYN DE ROTHSCHILD AND OF HIS WIFE . https://en.wikipedia.org/wiki/Evelyn_Robert_de_Rothschild
    http://www.dailymail.co.uk/news/article-1138789/Now-Tony-Blairs-finally-got-private-jet-hes-wanted-rented.html
    NOW WE MUST NOTICE A STRANGE COINCIDENCE:” TONY BLAIR A GREAT FRIEND OF JACOB ROTHSCHILD AND ALSO GREAT FRIEND OF EVELYN DE ROTHSCHILD AND “CASUALLY” HE FOUND A GOOD PLACE IN THE BANK JP MORGAN”. http://www.rawstory.com/rs/2012/05/28/heckler-brands-tony-blair-a-war-criminal-over-jpmorgan-payments/
    http://landdestroyer.blogspot.de/2012/05/protester-calls-tony-blair-war-criminal.html http://www.thisismoney.co.uk/money/celebritymoney/article-2167655/Former-PM-Tony-Blair-alleged-earned-80million-2007.html
    http://www.thisismoney.co.uk/news/article-2167038/Tony-Blair-earned-20m-just-year-advising-business-bosses-foreign-governments.html
    JP MORGAN IS ALSO CONNECTED WITH THE EDMOND DE ROTHSCHILD CONTROLLED BY BENJAMIN DE ROTHSCHILD ( https://en.wikipedia.org/wiki/Benjamin_de_Rothschild) AND BY HIS WIFE
    ARIANE DE ROTHSCHILD ( https://en.wikipedia.org/wiki/Ariane_de_Rothschild ). http://uk.linkedin.com/pub/juan-bergas-sastre/22/39/898/en http://www.zoominfo.com/p/Richard-Madeley/89504503
    ( NAZI ” j.p. morgan SAYS POST-WWII ANTI-FASCIST CONSTITUTIONS ARE OBSTACLE TO REIMPOSING FASCISM ” http://larouchepac.com/node/26996 )
    http://waronyou.com/forums/index.php?topic=25529.0 http://larouchepac.com/node/28338

    2) GOLDMAN SACHS IS CONTROLLED BY BLACKROCK.
    ” BlackRock says it owns about 6.2% of Goldman and 5.4% of Morgan Stanley ” http://advisor.morningstar.com/articles/printfriendly.asp?s=&docId=18573&print=yes
    ” Merrill Lynch & Co., Inc., a wholly-owned subsidiary of Bank of America Corporation, The PNC Financial Services Group, Inc. and Barclays PLC own economic interests in BlackRock approximating 34.1%, 24.6% and 19.9%, respectively, with the remainder owned by institutional and individual investors, as well as BlackRock employees.”
    http://publicintelligence.net/blackrock-inc/
    Bank of America is connected with the person of Warren Buffet a notorious friend of JACOB ROTHSCHILD.
    http://www.huffingtonpost.com/2011/11/14/warren-buffett-ibm_n_1092165.html
    JACOB ROTHSCHILD “Hosted the European Economic Round Table conference in 2002 at Waddesdon Manor, attended by such figures as James Wolfensohn, Nicky Oppenheimer, Warren Buffet, and Arnold Schwarzenegger ” https://wikispooks.com/ISGP/organisations/introduction/PEHI_Jacob_de_Rothschild_bio.htm
    Bank Of America and Merrill Lynch are also related with the Edmond De Rothschild, owned by BENJAMIN DE ROTHSCHILD AND ARIANE DE ROTHSCHILD, through the persons of Gerald Levy, Matthieu Walterspiler, Barbara Colombo, Beate Bakker, etc… https://en.wikipedia.org/wiki/Benjamin_de_Rothschild https://en.wikipedia.org/wiki/Ariane_de_Rothschild
    http://www.linkedin.com/pub/gerald-levy/60/b49/b87 http://uk.linkedin.com/in/walterspiler http://www.linkedin.com/pub/barbara-colombo/26/b21/766 http://ch.linkedin.com/pub/beate-bakker/16/a55/491
    Warren Buffet is also a friend of EVELYN DE ROTHSCHILD.
    https://wikispooks.com/ISGP/organisations/introduction/PEHI_Evelyn_de_Rothschild_bio.htm
    The same Warren Buffet, that is chairman of Berkshire Hathaway, ” agreed to purchase $5 billion in Goldman’s preferred stock “.
    https://en.wikipedia.org/wiki/Goldman_Sachs https://en.wikipedia.org/wiki/Berkshire_Hathaway
    Barclays is a bank related with the British Royal Family and therefore connected with JACOB ROTHSCHILD and EVELYN DE ROTHSCHILD.
    ” Lord JACOB ROTHSCHILD, the behind-the-scenes controller of the Inter-Alpha Group, was a partner at Rothschild at the time he set up the Inter-Alpha Group in 1971, using its resources and then leaving in 1980 to continue his special mission, which includes advising the genocidal British Crown and managing the funds of Prince Charles’ Duchy of Cornwall, to finance his kooky, “green” schemes.”
    http://unitednationsoffilm.com/?p=1728
    ” Prince Charles already played polo with EVELYN DE ROTHSCHILD in his student years and later set up the Interfaith consultations with him. ”
    http://www.gnosticliberationfront.com/people_with_the_endless_bios.htm
    EVELYN DE ROTHSCHILD ” In 1989, he was knighted by Queen Elizabeth II,[2] for whom he serves as a financial adviser. ” https://en.wikipedia.org/wiki/Evelyn_Robert_de_Rothschild
    Barclays Bank and Royal Bank of Scotland are also linked with BENJAMIN DE ROTHSCHILD AND ARIANE DE ROTHSCHILD.
    http://www.linkedin.com/pub/laura-scolan/a/ba1/7b7 http://www.linkedin.com/pub/mark-phillips/4/5b9/772 http://it.linkedin.com/pub/guido-corsetti/a/67a/44a http://www.linkedin.com/pub/nicolas-jugniot/b/78/884
    ( Goldman Sachs’s Himes Joins Obama in Putting Entitlement Cuts on the Table http://larouchepac.com/node/28506 )
    ( Bankster Mouthpiece Comes Out as Nazi: We Have A Crisis Because People Are Living Too Long http://larouchepac.com/node/28502 )
    ( LaRouche PAC Gears Up National War on Wall Street http://larouchepac.com/node/28483 )
    ( Obama and Congress Set to Sell Out American People http://larouchepac.com/node/28507 )
    http://prof77.wordpress.com/politics/an-updated-list-of-goldman-sachs-ties-to-the-obama-government-including-elena-kagan/ http://www.bbc.co.uk/news/uk-13489879

    3) WE CAN NOTICE RELATIONS AMONG LORD JACOB ROTHSCHILD AND DEUTSCHE BANK.
    DAVID HAYSEY ” HEAD OF PUBLIC EQUITIES AT RIT CAPITAL PARTNERS ” AND IN THE PAST ” DIRECTOR AT J ROTHSCHILD CAPITAL MANAGEMENT ” HAS BEEN ” MANAGING DIRECTOR AT DEUTSCHE BANK ” http://uk.linkedin.com/pub/david-haysey/1b/470/bb3
    ” In 2012 RIT Capital saw management changes with the exit of investment director Mikael Breuer-Weil and the appointment of Ron Tabbouche. The first half of 2013 saw further changes with the resignation of David Haysey, head of public equity and manager of the RIT global quality portfolio. ” http://www.iii.co.uk/articles/110881/oriel-rates-lord-rothschilds-rit-capital-positive
    RON TABBOUCHE HAS BEEN SALES ANALYST AT DEUTSCHE BANK. http://www.trustnet.com/Managers/ManagerFactsheet.aspx?personCode=00000065RA&univ=O
    Today, Jacob [Rothschild] is Chairman of RIT Capital Partners plc, one of the largest investment trusts quoted on the London Stock Exchange with a net asset value of about £2 billion.[5] He is Chairman of J Rothschild Capital Management, a subsidiary of RIT Capital Partners plc. https://en.wikipedia.org/wiki/Jacob_Rothschild,_4th_Baron_Rothschild
    THERE ARE ALSO LINKS AMONG EVELYN DE ROTHSCHILD AND DEUTSCHE BANK.
    VERNON JORDAN, THE BIG FRIEND OF EVELYN DE ROTHSCHILD AND LYNN DE ROTHSCHILD, HAS BEEN A DIRECTOR OF DEUTSCHE BANK.
    http://www.companiesintheuk.co.uk/director/8570529/vernon-jordan-jr
    ” LYNN [the wife of EVELYN DE ROTHSCHILD] is the CEO of ELR Holdings and became a director of The Economist in 2002. She launched FirstMark Communications in the late 1990s and got EVELYN DE ROTHSCHILD, Henry Kissinger, Vernon Jordan (senior managing director LAZARD; close Clinton friend and advisor; friend of EVELYN DE ROTHSCHILD; permanent Bilderberg visitor), Michael J. Price (former managing director LAZARD), Nathan Myhrvold (former CEO Microsoft; PPI Task Force member), and others as its initial directors.”
    ” In late August 2004, Clinton and his wife Hillary, EVELYN DE ROTHSCHILD, LYNN DE ROTHSCHILD, Vernon Jordan, and Prince Andrew were all hanging out at the Vineyard at their very own “Anyone but Bush” party. Rothschild and Jordan were jointly celebrating their birthdays that day. Together with his wife he attended the 32nd Williamsburg Conference in Delhi in 2004. ” https://wikispooks.com/ISGP/organisations/introduction/PEHI_Evelyn_de_Rothschild_bio.htm
    DEUTSCHE BANK IS CONNECTED ALSO WITH THE EDMOND DE ROTHSCHILD OWNED BY BENJAMIN DE ROTHSCHILD ( https://en.wikipedia.org/wiki/Benjamin_de_Rothschild ) AND BY HIS WIFE
    ARIANE DE ROTHSCHILD ( https://en.wikipedia.org/wiki/Ariane_de_Rothschild ).
    http://in.linkedin.com/pub/nicolas-hindi/31/912/265
    ” Deutsche Bank, now the number one derivatives- and currency-trading bank in the world through its City of London operation, survived to become what it is now — a monster with a $72 trillion derivatives portfolio — because it was massively bailed out in October 2008 by Timothy Geithner and the New York Fed.” http://larouchepac.com/node/26698
    ( UNITED KINGDOM IS A PROTECTORATE OF DEUTSCHE BANK http://blogs.telegraph.co.uk/news/maryriddell/100033519/with-bankers-as-his-friends-david-cameron-needs-no-enemies/ )
    UNITED KINGDOM GOVERNMENT DENOUNCED FOR CRIMES AGAINST DISABLED PEOPLE TO INTERNATIONAL CRIMINAL COURT IN THE HAGUE
    http://www.mssociety.org.uk/forum/everyday-living/united-kingdom-government-denounced-crimes-against-disabled-people-internation
    ALSO GREECE IS A PROTECTORATE OF DEUTSCHE BANK http://www.larouchepub.com/hzl/2011/3829banks_dictate_eu_bailout.html
    ( Greece Mulls “Debt Camps” for Taxpayers http://libertyfirewall.com/2013/06/01/greece-mulls-debt-camps-for-taxpayers/ )
    http://www.keeptalkinggreece.com/2012/11/22/greece-in-crisis-dramatic-increase-of-suicides-3124-people-in-2009-2012/
    http://www.keeptalkinggreece.com/2013/07/31/austrian-ngo-supplies-greek-hospital-with-drugs-paramedic-material-for-uninsured-patients/

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