Business Insider – by Stephen Collinson, Agence France Presse
President Barack Obama will Tuesday paint a devastating picture of looming government budget cuts, at a fabled shipbuilding yard in Virginia that provides the US Navy’s nuclear powered aircraft carriers.
The trip will intensify the president’s effort to hike pressure on Republicans to agree on tax increases to avert $85 billion in automatic spending cuts this year, which experts warn could stagger the fragile economy.
The White House said the cuts, known as “the sequester” which are due to hit on March 1, would see 90,000 civilian defense workers furloughed in Virginia alone and would hurt companies in 50 states that supply shipbuilders.
An official said that the cuts would also delay the maintenance of 11 ships in Norfolk, Virginia, as the administration argues that the sequester would badly impact US defense readiness.
Obama will argue “that the only reason these cuts will take place is if congressional Republicans choose to protect loopholes only enjoyed by the wealthiest and big corporations at the expense of jobs in Virginia,” the official said.
Newport News Shipbuilding, which Obama will visit, is building the new generation of Gerald R. Ford class nuclear powered aircraft carriers, and also supplies nuclear submarines to the US navy.
On Monday, the White House warned of a “perfect storm” of airport delays and less secure US borders when the cuts happen, but top Republicans accused Obama of using “scare” tactics.
Officials also laid out a daunting state-by-state list of possible sequester impacts, foreseeing teacher layoffs, funding crunches for emergency workers, air traffic delays and overtime bans for public sector employees.
The idea for the automatic, arbitrary budget cuts emerged as a way to ease a previous spending showdown between Obama and Republicans in Congress.
The massive reductions to the military and domestic budget were supposed to be so severe that both sides would be forced into a deal to cut the deficit. But Washington is so dysfunctional that no agreement has been reached.
The president wants congressional Republicans to help stave off the cuts by closing tax loopholes he believes benefits the rich and corporations, and to carry out a program of targeted spending cuts.
Many Republicans agree that the sequester is a bad way to trim the budget and reduce the deficit, but they argue that Obama is not serious about reining in spending so does not deserve more revenue.
There seems little prospect that Washington’s feuding politicians will agree to halt the sequester before it comes into force.
The first point of possible compromise may then come with a bill due at the end of March to fund the government’s operations.
Republican Senator John McCain predicted on Monday that there would be more incentive for lawmakers to fix the problem once the cuts hit.
“I think the forcing mechanism, if there’s going to be one, it’ll be the job losses and the warnings and the military,” he said.
“What we’re doing to the men and women in the military is just disgraceful. They don’t know what their future is. They don’t know where they’re going to be next week.”
Read more: http://www.businessinsider.com/obama-virginia-norfolk-sequestration-cuts-2013-2#ixzz2M1VJVCDe
“The White House said the cuts, known as “the sequester” which are due to hit on March 1, would see 90,000 civilian defense workers furloughed in Virginia alone and would hurt companies in 50 states that supply shipbuilders.
An official said that the cuts would also delay the maintenance of 11 ships in Norfolk, Virginia, as the administration argues that the sequester would badly impact US defense readiness.”
Isn’t this the same setup scenario that happened a few months before 9/11? And then after 9/11 hit, they miraculously received all of their funding due to the psychological fear and response from the people. Yea, I see a worse 9/11 coming real soon.
But this time, are WE THE PEOPLE going to fall for this horseshit scam again? It seems we didn’t fall for it during the Sandy Hoax or any other false flag scenario that has happened in the past few years. So I’m thinking this may be a real wake up call for WE THE PEOPLE and hopefully the start of the end of the Zionist and Obama regime.
Hi NC,
I agree.
This is a set-up of historical proportions!
The question is: What is the gambit here?
How are they going to take advantage of this next gov created crisis?
Will we suffer an attack here?, if so, what kind? Where? What about overseas?
What if WW3 breaks out?,…. our best means of evacuating our troops from any overseas location is now sitting in port here. Do they get abandoned as we have discussed before? or do they simply get wiped out since our ability to bring air assets to their defense is here?
There is a multitude of ways to play this and it is difficult to know what combination of treasonous events they will exercise,.. but it is clear,… this is a set-up.
JD – US Marines
Sequestration …
According to my dictionary:
sequestration |ˌsēkwiˈstrāSHən, ˌsek-|
noun
the action of taking legal possession of assets until a debt has been paid or other claims have been met: if such court injunctions are ignored, sequestration of trade union assets will follow.
• the action of taking forcible possession of something; confiscation: they demanded the sequestration of the incriminating correspondence.
• an act of declaring someone bankrupt.
• the action of making a general cut in government spending: the measure brings the federal budget closer to sequestration.
• Chemistry the action of sequestering a substance.
So, they —government— are actually admitting that the U.S. is broke, behind in payments, and so therefore the FEDERAL RESERVE is going to assume ownership of U.S. assets?
I’ve a great idea, and that’s to eliminate the following departments/agencies:
Department of Homeland Security (DHS)
Transportation Security Administration (TSA)
Department of Education (ED)
Department of Energy (DOE)
Central Intelligence Agency (CIA)
Federal Bureau of Investigation (FBI)
Bureau of Alcohol, Tobacco, Firearms, and Explosives (BATFE)
National Security Agency (NSA)
Environmental Protection Agency (EPA)
Defence Advanced Research Projects Agency (DARPA)
That’s just for starters.
Next:
Eliminate ALL foreign aid, PERIOD.
BRING THE TROOPS HOME!
No more undeclared wars of attrition
Finally: Repudiate the national debt, start with a clean slate, GET RID OF THE FEDERAL RESERVE, and go back to printing OUR OWN money.
Tell the Chinese that if they want their money, then to after the bankers who created the problem to begin with.
If we control our own money supply, then we will owe NO ONE anything, period. What the heck, the FED prints money out of thin air … Well, if they can do so, then why are WE paying THEM to do exactly that?
There would be NO Treasury Bonds to sell, as there would be no need.
One last item: OUTLAW ALL corporations and banks.
Rather, what we’d have are companies, or Limited Liability Companies (LLC), and credit unions. The government would make zero interest loans to companies, and when the loans were paid back, the money would be held back, or destroyed in order to keep the money supply optimum to prevent inflation (too much money), or deflation (too little money).
Dude, you’re hired! President Diogenes. lol
As Picard says in Star Trek: The Next Generation, “Make it so.”.
Sigh….if only things were that easy, and they could be, but people just like to live in their complacent slavery, I guess.