Sequester 2013

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Re: Sequester 2013

Post by HI54UNI »

93henfan wrote:
bluehenbillk wrote:93 - that's what you call a form letter, that was done by a member of his staff.
No shit Sherlock. :lol:
Print it out at work and take it home. It will save you some money on toilet paper.
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Re: Sequester 2013

Post by Ibanez »

Furlough notices go out 21 March.
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Re: Sequester 2013

Post by 93henfan »

Ibanez wrote:Furlough notices go out 21 March.
And furloughs begin the pay period starting 21 April, runs 22 weeks, ending the pay period ending 21 Sep.

The real questions now are "how long does it go" and "if it goes the whole 22 weeks, then what?"

I would anticipate some nastiness on Wall Street, 1). When the sequester actually begins without the signature midnight deal this Congress always procrastinates to, and 2). Once it goes about a month and the drag on the economy starts hitting bottom lines.
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Re: Sequester 2013

Post by YoUDeeMan »

bluehenbillk wrote:93 - as you may know, that's what you call a form letter, and you might also want to know that was done by a member of his, as you might also know, staff....you know, one of the many unoriginal ones.
FIFY

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Re: Sequester 2013

Post by JohnStOnge »

The good Congressman finally responded:
Geeze that's a long letter.
Well, I believe that I must tell the truth
And say things as they really are
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Re: Sequester 2013

Post by JohnStOnge »

On the "which President to blame" thing:

Franklin Delano Roosevelt. He started it. He's analagous to the pusher who gives the future addict his or her first heroin injection.
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Re: Sequester 2013

Post by BDKJMU »

93henfan wrote:
Ibanez wrote:Furlough notices go out 21 March.
And furloughs begin the pay period starting 21 April, runs 22 weeks, ending the pay period ending 21 Sep.

The real questions now are "how long does it go" and "if it goes the whole 22 weeks, then what?"

I would anticipate some nastiness on Wall Street, 1). When the sequester actually begins without the signature midnight deal this Congress always procrastinates to, and 2). Once it goes about a month and the drag on the economy starts hitting bottom lines.
Might not on the one hand Wall Street take this news positively? That hey, Congress can actually show some fiscal restraint.

How much of a drag on the economy will a 2.4% slowdown in the rate of growth in overall fed spending cause?
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Re: Sequester 2013

Post by BDKJMU »

JohnStOnge wrote:
The good Congressman finally responded:
Geeze that's a long letter.
Yeah, it was just like one of your posts.. ;)
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Re: Sequester 2013

Post by JohnStOnge »

Yeah, it was just like one of your posts..
I don't think I ever did a post THAT long.
Well, I believe that I must tell the truth
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But if I told the truth and nothing but the truth
Could I ever be a star?

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Re: Sequester 2013

Post by SDHornet »

BDKJMU wrote:
93henfan wrote:
And furloughs begin the pay period starting 21 April, runs 22 weeks, ending the pay period ending 21 Sep.

The real questions now are "how long does it go" and "if it goes the whole 22 weeks, then what?"

I would anticipate some nastiness on Wall Street, 1). When the sequester actually begins without the signature midnight deal this Congress always procrastinates to, and 2). Once it goes about a month and the drag on the economy starts hitting bottom lines.
Might not on the one hand Wall Street take this news positively? That hey, Congress can actually show some fiscal restraint.

How much of a drag on the economy will a 2.4% slowdown in the rate of growth in overall fed spending cause?
You call this sequester "fiscal restraint"? :rofl:

All the bitching and whining from everyone (politicians, special interests, media, everyone else) about this minor "cut" jut goes to show how fucked we are. Just imagine the uproar when meaningful cuts have to be made. :ohno:
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Re: Sequester 2013

Post by BDKJMU »

SDHornet wrote:
BDKJMU wrote:
Might not on the one hand Wall Street take this news positively? That hey, Congress can actually show some fiscal restraint.

How much of a drag on the economy will a 2.4% slowdown in the rate of growth in overall fed spending cause?
You call this sequester "fiscal restraint"? :rofl:

All the bitching and whining from everyone (politicians, special interests, media, everyone else) about this minor "cut" jut goes to show how **** we are. Just imagine the uproar when meaningful cuts have to be made. :ohno:
I should have said "minimal" fiscal restraint.
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Re: Sequester 2013

Post by CAA Flagship »

93henfan wrote:
Ibanez wrote:Furlough notices go out 21 March.
And furloughs begin the pay period starting 21 April, runs 22 weeks, ending the pay period ending 21 Sep.

The real questions now are "how long does it go" and "if it goes the whole 22 weeks, then what?"

I would anticipate some nastiness on Wall Street, 1). When the sequester actually begins without the signature midnight deal this Congress always procrastinates to, and 2). Once it goes about a month and the drag on the economy starts hitting bottom lines.
Federal employees should "Occupy Capitol Hill". :coffee:
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Re: Sequester 2013

Post by 93henfan »

CAA Flagship wrote:
93henfan wrote:
And furloughs begin the pay period starting 21 April, runs 22 weeks, ending the pay period ending 21 Sep.

The real questions now are "how long does it go" and "if it goes the whole 22 weeks, then what?"

I would anticipate some nastiness on Wall Street, 1). When the sequester actually begins without the signature midnight deal this Congress always procrastinates to, and 2). Once it goes about a month and the drag on the economy starts hitting bottom lines.
Federal employees should "Occupy Capitol Hill". :coffee:
Too cold. I'll take the $7,500 takehome pay cut before I have to go out in that weather. Soon it'll be too hot.
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Re: Sequester 2013

Post by grizzaholic »

93henfan wrote:
CAA Flagship wrote: Federal employees should "Occupy Capitol Hill". :coffee:
Too cold. I'll take the $7,500 takehome pay cut before I have to go out in that weather. Soon it'll be too hot.
What if the founders of our country said..."meh, I will continue paying them taxes to Britain. No need to go protest or fight, I might get an owwie"
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Re: Sequester 2013

Post by DSUrocks07 »

MEAC, last one out turn off the lights.

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Re: Sequester 2013

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93henfan wrote:
CAA Flagship wrote: Federal employees should "Occupy Capitol Hill". :coffee:
Too cold. I'll take the $7,500 takehome pay cut before I have to go out in that weather. Soon it'll be too hot.
You sure you weren't in the army? :tothehand:
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Re: Sequester 2013

Post by 93henfan »

AZGrizFan wrote:
93henfan wrote:
Too cold. I'll take the $7,500 takehome pay cut before I have to go out in that weather. Soon it'll be too hot.
You sure you weren't in the army? :tothehand:
I spent a six month course outdoors about 80% of the time in Quantico winter of 96 which had some epic snowfall. Course ran Sep to Mar. Our company was dubbed Frozen Fox.
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Re: Sequester 2013

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Re: Sequester 2013

Post by bluehenbillk »

The stock market seems to love the Sequester actually....
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Re: Sequester 2013

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bluehenbillk wrote:The stock market seems to love the Sequester actually....
I read that the market was mostly reacting to China loosening its fiscal policy and the continued growth of US business. All you guys that were arguing that the sequester is nothing now suddenly claiming that its boosting the market are funny. Meanwhile, some of us will actually be impacted by it.
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Re: Sequester 2013

Post by CAA Flagship »

93henfan wrote:
bluehenbillk wrote:The stock market seems to love the Sequester actually....
I read that the market was mostly reacting to China loosening its fiscal policy and the continued growth of US business. All you guys that were arguing that the sequester is nothing now suddenly claiming that its boosting the market are funny. Meanwhile, some of us will actually be impacted by it.
:tothehand: You didn't read shit. You were watching the hot women on CNBC before the cable went out since you are home from work. :coffee:
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Re: Sequester 2013

Post by 93henfan »

CAA Flagship wrote:
93henfan wrote:
I read that the market was mostly reacting to China loosening its fiscal policy and the continued growth of US business. All you guys that were arguing that the sequester is nothing now suddenly claiming that its boosting the market are funny. Meanwhile, some of us will actually be impacted by it.
:tothehand: You didn't read shit. You were watching the hot women on CNBC before the cable went out since you are home from work. :coffee:
I read this yesterday when I was at work.
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Re: Sequester 2013

Post by CAA Flagship »

93henfan wrote:
CAA Flagship wrote: :tothehand: You didn't read shit. You were watching the hot women on CNBC before the cable went out since you are home from work. :coffee:
I read this yesterday when I was at work.
:lol: :lol:
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Re: Sequester 2013

Post by 93henfan »

CAA Flagship wrote:
93henfan wrote:
I read this yesterday when I was at work.
:lol: :lol:
Are there really hot chicks on CNBC? Cable is back.
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Re: Sequester 2013

Post by CAA Flagship »

93henfan wrote:
CAA Flagship wrote: :lol: :lol:
Are there really hot chicks on CNBC? Cable is back.
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