Financial topics

[Reality Check]

This PDF ( page 25 ) shows that 40% was under 1 year in 2008.
http://www.treasury.gov/resource-center ... 202012.pdf

The above PDF your referenced ( page 23 & 25 taken together ) also shows the dollar value maturing that year as well as the percentage, the calculated Public debt for that year matches other sources if you bother to check:

Fiscal 2007 34.8 % 1.6 Trillion of 4.60 Trillion Public Debt
Fiscal 2008 40.4% 2.2 Trillion of 5.45 Trillion Public Debt
Fiscal 2009 37.9% 2.7 Trillion of 7.12 Trillion Public Debt
Fiscal 2010 29.7% 2.56 Trillion of 8.62 Trillion Public Debt
Fiscal 2011 26.9% 2.6 Trillion of 9.67 Trillion Public Debt
Fiscal 2012 26.3% 2.88 Trillion of 10.95 Trillion Public Debt
Fiscal 2013 24.4% 3.0 Trillion of 12.30 Trillion Public Debt
Fiscal 2014 24.0% 3.1 Trillion of 13.97 Trillion Public Debt
Fiscal 2015 22.9% 3.2 Trillion of 14.47 Trillion Public Debt
Fiscal 2016 22.8% 3.3 Trillion of 15.35 Trillion Public Debt
Fiscal 2017 22.8% 3.5 Trillion of 17.04 Trillion Public Debt
Fiscal 2018 22.3% 3.8 Trillion of 17.04 Trillion Public Debt
Fiscal 2019 21.9% 3.2 Trillion of 16.89Trillion Public Debt
Fiscal 2020 21.7% 3.3 Trillion of 17.51Trillion Public Debt
Fiscal 2021 21.8% 3.5 Trillion of 18.35 Trillion Public Debt
Fiscal 2022 20.9% 3.8 Trillion of 19.14 Trillion Public Debt

The 2.2 Trillion ( 40% of 5.4 Trillion ) has nothing to do with your 50% of 16 Trillion number.

My understanding has been that people are moving toward the shorter term since then.

Both these two linked Treasury Department Reports:
http://www.treasurydirect.gov/govt/repo ... nn2011.pdf
http://www.treasury.gov/resource-center ... 202012.pdf
and what I have been reading in places like the Wall Street Journal and Bloomberg have indicated exactly the opposite has been, and is continuing, to go on. Long term T-Notes are being sold, and have been sold, in place of T Bills and in place of shorter term T-Notes, by the Treasury to extend the weighted average maturity. That remains the plan for the future. There is tons of detail in these two reports on exactly what is being sold each year over the past years, but I will leave that for you to dig out.

I would really like to know the maturity info for debt ... ( held in ) Social Security.

As I described in my previous post:
http://generationaldynamics.com/forum/v ... 304#p16304
Maturity dates on the The Intra-Government debt ( non-marketable debt, AKA IOUs ) have little meaning. Because instead of refinancing them on the Public Debt Market ( or borrowing from Foreign Countries ) the U.S. Treasury just issues replacement, non-marketable, IOUS with maturaty dates farther in the future. Only when Social Security actually starts cashing in those IOUs with the Treasury because it needs more money than just the interest on The Trillions in IOUs it already holds will that have any impact, and the amount of any such cash in will remain insignificant until some time after 2020.

The Fed has been buying the long term and seems to own a good fraction of the long term at this point. I would really like to know the maturity info for debt ... ( U.S. Debt held by the FED )

The FED is just one of the holders of Marketable Public Debt, the U.S. government debt it is holding is already included in the numbers above, and in the two Treasury Reports linked above. You can dig this information out for yourself if you are interested in getting the correct information for your FAQ.

[aedens]

http://mideastweb.org/water.htm
Pivot points
http://www.thenational.ae/news/world/mi ... water-wars
facts

[John]

http://mideastweb.org/water.htm
Pivot points

Water is at a crisis point in many regions of the world.

It's one of the reasons that food prices keep rising.

[aedens]

The technological impedements are staggering. One party claims over 200 million in damages as the other claims if you would
listen the offset to damages would cease to exist years ago. The point is stone age and the information age meeting head to head.
Remember when countless almond trees in California got bulldozed and not one in a million undestood why and more soon it appears?
http://www.californiacountry.org/featur ... x?arID=747
Fifth-generation farmer
http://www.ifamericansknew.org/cur_sit/water.html

The planners are full retard but time has conveyed when the trees go water usage is diverted.
Total resource take over for all means of production and Americans are asleep.
https://www.youtube.com/watch?v=5rVuGmTh2gs

Keyword: Green politic policy

[Reality Check]

...
Here is a proposed Constitutional Amendment written by a State Legislature controlled by "Generation X" politicians.

Can any one determine the main purpose, and primary impact. of this Constitutional Amendment if approved by the voters ?

Here is the information that the voters making this decision were given:


State Constitutional Ammendment - Ballot Title
( This Ballot Title was Written by the Politicians that voted for this proposal to amend the Constitutional )

The Legislature has proposed a constitutional amendment on implementing the Commission on State Debt recommendations regarding Washington's debt limit.
This amendment would, starting July 1, 2014, phase-down the debt limit percentage in three steps from nine to eight percent and modify the calculation date, calculation period, and the term general state revenues.

State Constitutional Amendment - Explanatory Statement
( This Explanatory Statement was written by the State Attorney General )

The Effect of the Proposed Amendment, if Approved

The amendment would change the calculations for determining how much debt Washington may assume.

First, it would reduce the percentage rate used in calculating the state debt limit, from 9.0 percent of “general state revenues,” as currently provided; to 8.5 percent starting July 1, 2014; 8.25 percent starting July 1, 2016; and 8.0 percent starting July 1, 2034. The amendment also would clarify that this percentage rate calculation is applied at the time the state enters into contracts to assume debt.

Second, beginning July 1, 2014, the amount of new debt that may be contracted each year would be calculated based on the average of the prior six years of “general state revenues,” rather than the prior three years, as it is currently.

Third, the amendment would change the definition of “general state revenues” to include the state property tax, starting July 1, 2014. This change would allow the state property tax to be included in “general state revenues” when calculating the debt limit. The state property tax is dedicated by statute to the support of common schools, and that dedication to schools would not be changed by the amendment.

[OLD1953]

They want to increase the debt limit in terms of dollars without saying so, so they are increasing it by decreasing the percentage limit, which is all most people will see, but they are adding in property tax and increasing the length of the tail back to six years to allow them to average over six years with higher property values and tax collections in the past. Cynical, and counts on the idea that most people can't add 2+2 without a calculator.

[Reality Check]

They want to increase the debt limit in terms of dollars without saying so, so they are increasing it by decreasing the percentage limit, which is all most people will see, but they are adding in property tax and increasing the length of the tail back to six years to allow them to average over six years with higher property values and tax collections in the past. Cynical, and counts on the idea that most people can't add 2+2 without a calculator.

Exactly right.

In Washington state, the drafters of the constitution did not believe in debt. That is why Washington state has one of the lowest unsecured debts, and one of the highest credit ratings in the United States.

This has been done historically by limiting the total of principle and interest payments, on unsecured debt that the state could obligate itself for, to 9% of the total "discretionary" taxes. Put another way, of those monies the legislature had the option of spending on anything they wanted, the legislature was limited to spending not more than 9% of that amount on unsecured debt principal and interest payments, thus limiting the amount of unsecured debt the state could run up.

Working together, the state legislature and the Attorney General have a plan to fix both the problem of too little debt and the problem of too high of a credit rating. Washington state missed out on over extending the state's borrowing during the Real Estate bubble of 2006, 2007 and 2008; so this amendment will also give them an opportunity to fix that missed opportunity as well.

Washington state government has a three pillar tax system, Business and Occupations taxes, Retail Sales & Retail Use Taxes, and Real Property Taxes. The constitution dedicates 100% of the state Real Property Taxes to K-12 Education, so none of that money is available to payoff unsecured debt.

This proposed Constitutional amendment would "pretend" that 100% of the state Real Property Taxes ( about 2 Billion dollars a year ) are available to payoff unsecured debt, when in fact none of them are, thus massively raising the unsecured debt limit in absolute dollars, and also raising the effective debt limit percentage, as a percentage of discretionary taxes, above the previous 9% effective rate for unsecured debt.

In addition 2006, 2007 and 2008 were all time record years for state tax receipts of all types, all tax receipts have declined substantially in the three years since, this amendment would put those all time high tax years back in the average, and add in the record real property taxes which were artificially inflated by the real estate credit bubble that was a it's peak in 2006, 2007 and 2008.

None of that was included in the explanation of the Constitutional Amendment prepared by the state Attorney General or the state Legislature; Thus the Amendment is being presented to the voters as reducing and stabilizing the debt, rather than a massive unsecured debt increase. This is a bi-partisan effort: The Attorney General is a Republican ( now running for Governor ) and the the state Legislative Leadership and the lame duck governor are Democrats. They are all Generation X.

[aedens]

STAGE 3. It is Going to Get Worse
The total collapse of the economy begins after a significant and prolonged decline. The government implements price controls. Shortages on essential goods become widespread. Foreclosed houses sit vacant and deteriorating by the tens of thousands. Middle class neighborhoods begin to look like slums. The government begins to print currency to pay its bills and support the tens of millions on public assistance. Inflation increases even more and unemployment exceeds 25%. Banks and businesses fail at ever increasing rates. Nobody seems to have any money. Many are now homeless. Labor unions instigate strikes, civil unrest, and large scale riots. Government services are interrupted and unreliable. Local and national infrastructure is in decay. Violent gangs begin to appear and assert themselves. The government begins confiscation of firearms from law abiding citizens. Violence is everywhere. Cities and urban areas become very dangerous places to live. At this stage, the country seems pretty much beyond the point of no return. However, things can still be reversed even at this stage if the right person at the top really believes in the basic fundamental concepts of Freedom, Independence, Liberty, and Individual Rights and is not afraid to do what is necessary to reverse the current trend. He will be vilified and hated because of his attitude toward personal responsibility, cutting entitlements, and ending welfare programs. Of course, if the right person were in power and did what needed to be done, none of this would have happened in the first place.

credit anticipates - equity confirms - not getting enough edge

https://www.youtube.com/watch?v=IZ68KeAfUEM turn it up

http://www.zerohedge.com/contributed/20 ... fect-storm

[OLD1953]

There are many equivalent ways to look at a problem and come to the same conclusion. The US, and much of the world, is in a period that is much like winter on a farm, there is no point in sowing fields, it's time to plan for the future and prepare to work very hard in the spring. Seed sowed now will not sprout. Selling your grain now means you have none to plant. It's time to sharpen the plows and fix the equipment.

Totally open trade in such a time is selling the seed grain, because what we are trading now is NOT goods, it's ideas.

http://www.4-traders.com/SINOVEL-WIND-G ... -15251533/

I'm sorry to say, there's no means for this to continue, and the US to ever come out of the hole we are in. Trade will crash to nothing in the end, because those who trade freely will have nothing to trade, they'll compete with their own products produced with slave labor and at no profit to themselves. This is where the trade war begins, because there is NO solution.

I've said it before, there is no agreement, no contract, no constitution that can work without those bound by it agreeing to make it work. Trade only works when the counterparties agree to make it work. Our counterparties have so arranged themselves that they must fail without growth they can only attain by draining the US pool of inventions and devices dry, and damn international law and any future consequences. This road leads to both trade war and hot war, and it only takes one determined to go down that road to drag all the other counterparties down it as well.

For some better news, superconductor development is rapidly taking off on the high amperage side.

http://www.4-traders.com/AMERICAN-SUPER ... -15287107/

A high amperage superconductor wire capable of withstanding high magnetic flux could be used to make an extreme inductive energy storage device, at least in theory.

[aedens]

Even the South Americans warned and said it is coming to you. Favela, since you gave the Letter away. Read the articles when Mexico was bleeding work.
Read the articles when we chased the death shops out of Micronesia earlier and the rise in militantcy was flamed. We seen these things plain and clear and later when the wall fell the Unions who testafied in the CFR were painted as needed. Each foot print of a decade had consequences many will never see plainly, or understand since countless had not even been aware of what the reality even was. Some borders closed for many reasons as some stayed open for other reasons. Yes, reap what is sown and we commented very early on this. Faith of a mustard seed.
This is level 4 for southern europe and MENA
STAGE 4. The Grab for Power
The collapse can transition to this stage at any time after Stage 3. Most of the middle class have lost everything. What used to be well manicured middle class neighborhoods are filled with the carcasses of empty houses damaged and destroyed by vandals. The nation’s infrastructure has been seriously neglected and is in need of a major overhaul. The power grid becomes unreliable. Rolling blackouts are a daily occurrence. You can no longer buy or sell gold or own foreign currency. Inflation is out of control. Now the economy collapses. There is a rush for everything and the shelves go empty in a matter of hours. Society falls into chaos. The control of urban areas shifts when violent gangs takeover control of the streets and urban neighborhoods. The government issues restrictive measures in an attempt to control the economy. Everything is in short supply and heavily rationed. Food and gasoline is very expensive and there are very long lines to get them when they are available. Affordable quality health care is non-existent and your job is a distant memory. You will do without what you are unable to provide for yourself. You will discover what it is to live in a third world country.
Black feathers have been seen so be alert. The average are shut out in zones. Hot money is murdering consumer competion. They are wasting
and cannot compete. No clearing mechanisms, even locally other hot zones impossible. Countless will never make it back and getting worse.
The final wasting assault is on
http://www.doctorhousingbubble.com/futu ... g-history/
Why is not even a thought and just when.