Connect with us

US Hits Debt Ceiling Dec. 31st; Geithner Sends Letter to Congress

Published

on

As the country approaches the ‘”fiscal cliff” on January 1st, the U.S. debt limit also reaches it mandatory limit on New Year’s Eve, compounding the nation’s fiscal house of business

This morning the U.S. Department of Treasury released Secretary Timothy Geithner’s letter sent to Congressional leaders yesterday warning that the U.S. debt limit will reach its mandatory ceiling on December 31st.  In an appendix attached, Geithner’s explains the “extraordinary measures” his office will take to create a $200 billion fund in “headroom” to keep the government under the debt limit, allowing the US to meet its legal obligations for about 60 days.

But Geithner’s letter issues a caveat by insisting these measures may not cover all fiscal bases, given the looming fiscal cliff deadlines:  “However, given the significant uncertainty that now exists with regard to unresolved tax and spending policies for 2013, it is not possible to predict the effective duration of these measures.”

His letter follows in its entirety:

December 26, 2012

The Honorable Harry Reid

Majority Leader

United States Senate

Washington, DC  20510

Dear Mr. Leader:

I am writing to inform you that the statutory debt limit will be reached on December 31, 2012, and to notify you that the Treasury Department will shortly begin taking certain extraordinary measures authorized by law to temporarily postpone the date that the United States would otherwise default on its legal obligations.

These extraordinary measures, which are explained in detail in an appendix​ to this letter, can create approximately $200 billion in headroom under the debt limit.  Under normal circumstances, that amount of headroom would last approximately two months. However, given the significant uncertainty that now exists with regard to unresolved tax and spending policies for 2013, it is not possible to predict the effective duration of these measures.  At this time, the extent to which the upcoming tax filing season will be delayed as a result of these unresolved policy questions is also uncertain. If left unresolved, the expiring tax provisions and automatic spending cuts, as well as the attendant delays in filing of tax returns, would have the effect of adding some additional time to the duration of the extraordinary measures.  Treasury will provide more guidance regarding the expected duration of these measures when the policy outlook becomes clearer.

Sincerely,

Timothy F. Geithner

Identical letter sent to:

The Honorable John A. Boehner, Speaker of the House

The Honorable Nancy Pelosi, House Democratic Leader

The Honorable Mitch McConnell, Senate Republican Leader

cc:  The Honorable Dave Camp, Chairman, House Committee on Ways and Means

The Honorable Sander M. Levin, Ranking Member, House Committee on Ways and Means

The Honorable Max Baucus, Chairman, Senate Committee on Finance

The Honorable Orrin Hatch, Ranking Member, Senate Committee on Finance

All other Members of the 112th Congress

The Senate has reconvened and Majority Leader Harry Reid hopes to send a measure to the House of Representatives that can garner bi-partisan support to avoid the fiscal cliff, not withstanding the possibility that Republican Senator Mitch McConnell could filibuster.  But be prepared to get out your checkbooks fellow taxpayers. Happy New Year America!

316568_10150308241032334_651712333_8318983_213496096_nTanya L. Domi is the Deputy Editor of the New Civil Rights Movement blog.  She is also an Adjunct Assistant Professor of International and Public Affairs at Columbia University and teaches human rights in East Central Europe and former Yugoslavia.  Prior to teaching at Columbia, Domi was a nationally recognized LGBT civil rights activist who worked for the National Gay and Lesbian Task Force during the campaign to lift the military ban in the early 1990s. Domi has also worked internationally in a dozen countries on issues related to democratic transitional development, including political and media development, human rights and gender issues.  She is chair of the board of directors for GetEQUAL.  Domi is currently writing a book about the emerging LGBT human rights movement in the Western Balkans.

Continue Reading
Click to comment
 
 

Enjoy this piece?

… then let us make a small request. The New Civil Rights Movement depends on readers like you to meet our ongoing expenses and continue producing quality progressive journalism. Three Silicon Valley giants consume 70 percent of all online advertising dollars, so we need your help to continue doing what we do.

NCRM is independent. You won’t find mainstream media bias here. From unflinching coverage of religious extremism, to spotlighting efforts to roll back our rights, NCRM continues to speak truth to power. America needs independent voices like NCRM to be sure no one is forgotten.

Every reader contribution, whatever the amount, makes a tremendous difference. Help ensure NCRM remains independent long into the future. Support progressive journalism with a one-time contribution to NCRM, or click here to become a subscriber. Thank you. Click here to donate by check.

HATE CRIMES

Leaders of White Supremacist Group Terrorgram Charged, Face Up to 220 Years in Prison

Published

on

Dallas Humber and Matthew Allison, the leaders of the white supremacist terrorist group Terrorgram Collective are facing up to 220 years in prison on charges of soliciting hate crimes, conspiring to provide material support to terrorists and soliciting the murder of federal officials.

The Justice Department announced Monday that Humber, 34, and Allison, 37, were arrested Friday. The pair were indicted on 15 charges. The charges include one count of conspiracy, four counts of soliciting hate crimes, three more of soliciting the murder of federal officials, three counts of doxxing federal officials, two counts of distributing information on making bombs, one count of conspiring to provide material support to terrorists and a count of making threatening communications.

“Today’s indictment charges the defendants with leading a transnational terrorist group dedicated to attacking America’s critical infrastructure, targeting a hit list of our country’s public officials, and carrying out deadly hate crimes—all in the name of violent white supremacist ideology,” Attorney General Merrick Garland said in a statement. “Today’s arrests are a warning that committing hate-fueled crimes in the darkest corners of the internet will not hide you, and soliciting terrorist attacks from behind a screen will not protect you.”

READ MORE: CNN Host Debunks Mike Johnson’s False Hundreds of ‘Known Terrorists’ Claim in Real Time

The Terrorgram Collective is based around the messaging app Telegram, and promotes the idea of white supremacist accelerationism, the Justice Department said. Accelerationism is an ideology that uses terrorism and political violence in hopes of speeding up a collapse of the government, which can then be replaced with a new system. In Terrorgram’s case, that new system would be a white ethnostate. In order to cause this destruction, Humber and Allison allegedly provided advice for committing crimes and disseminated a list of “high-value targets” of government officials and business leaders to be assassinated.

The Justice Department says it has linked Terrorgram with a shooting outside of an LGBTQ bar in Slovakia, a mass stabbing in Turkey near a mosque and a person who planned to attack New Jersey’s power grid. Terrorgram called those who had made attacks “Saints,” and the indictment includes a graphic explaining a five point criteria for “sainthood.” First is to “be White… obviously”; the incident must be deliberate; the motive must align with the white supremacist cause; there must be a body count, or “score,” of one or more; and the attacker must share a similar worldview to the group. Another graphic depicted the “Path to Sainthood”: Starting at “Grievance,” moving to “Violent Ideation,” to “Research and Planning”, to “Preparation,” to “Probing and breaching”, ending in “Attack.”

“Hate crimes fueled by bigotry and white supremacy, and amplified by the weaponization of digital messaging platforms, are on the rise and have no place in our society,” said Assistant Attorney General Kristen Clarke of the Justice Department’s Civil Rights Division. “Make no mistake, as hate groups turn to online platforms, the federal government is adapting and responding to protect vulnerable communities.”

The case will be heard in federal court, in the Eastern District of California.

Continue Reading

politics

Trump Calls for ‘Biden Comeback’ Day Before Debate With Kamala Harris

Published

on

Former President Donald Trump suggested Democrats put President Joe Biden back in play as the nominee a day before the scheduled debate with Vice President Kamala Harris by claiming Harris was doing poorly in the polls, asking “How about a Biden comeback?”

On Monday, Trump posted to his social media platform Truth Social, calling out Harris’ Saturday afternoon campaign stop at Penzeys Spices in Pittsburgh.

“Comrade Kamala Harris goes to an ultra Left Wing, Trump Hating, spice shop, which I hear has terrible, overpriced product, and calls for ‘unity.’ As people begin to realize that she is a Marxist, FAR MORE LIBERAL than Crazy Bernie Sanders, or even Elizabeth ‘Pocahontas’ Warren, her poll numbers are beginning to crash. Who are they going to put in next? How about a Biden comeback?” Trump wrote.

READ MORE: Trump Late Night Rant Signals Plan to Evade Harris Debate as Rules Come Back Into Play

Penzeys Spices is a Wisconsin-based chain of spice stores that has gone viral in the past for making anti-Trump statements, according to the Tufts Daily. The store has sold a “January 6 Box” of spices which included blends named “Justice” and “Outrage.” Penzeys has also posted signs in its windows, including a “Welcome Future Fake Electors” sign at its Milwaukee location during the Republican National Convention in the city. Its website even has a page titled “About Republicans” slamming the party.

Though Trump is likely accurate in calling Penzey’s Spices “Trump Hating,” his other claims are more suspect. Harris is much closer to the center than Senator Bernie Sanders (I-VT) and Senator Elizabeth Warren (D-MA). Both Sanders and Warren are regarded as progressive, while Harris has been labeled a “reliable ally of the Democratic establishment” by the New York Times.

While Harris’ political momentum has stalled in the most recent polling, according to Politico, it hasn’t reversed, and the outlet reports that she’s still gaining popularity. NPR has also pointed to Harris’ previous debate performances and her past as a prosecutor as boons in Tuesday’s debate that could put her above Trump.

But regardless of whether she wins or loses the debate, it would be difficult for her to do as poorly as Biden did during his June 27 debate with Trump. Less than a month after that disastrous debate, Biden exited the race. Though Trump ultimately agreed to tomorrow’s debate with Harris, Trump made an attempt to change the venue to Fox News from ABC, and even initially pulled out before changing his mind.

Continue Reading

RIGHT WING IDIOCY

No, Haitian Immigrants Aren’t Eating Cats in Ohio

Published

on

cats

The latest conspiracy theory to make it out of MAGA world is that Haitian immigrants moved to Ohio to eat people’s beloved pets—from geese and ducks to even cats. It should go without saying that this is false, but considering it’s been shared by pundits like Charlie Kirk and even vice presidential candidate Senator JD Vance (R-OH), it apparently needs to be said.

On X, formerly known as Twitter, Vance accused Vice President Kamala Harris of being derelict in her duties as Border Czar, citing the conspiracy theory on Monday.

“Months ago, I raised the issue of Haitian illegal immigrants draining social services and generally causing chaos all over Springfield, Ohio. Reports now show that people have had their pets abducted and eaten by people who shouldn’t be in this country. Where is our border czar?” Vance wrote.

READ MORE: ‘I’m Not Suicidal’: Kari Lake Pushes Hillary Clinton Murder Conspiracy Theory

Charlie Kirk made a similar tweet on Sunday, including a screenshot of an anonymized Facebook post.

“Residents of Springfield, OH are reporting that Haitians are eating their family pets, another gift of the Biden-Harris mass immigration replacement plan. Liberals will soon be lecturing Americans on why they need to be sensitive to Haitian culture and accept this as the new normal. Those idiots deserve to be condemned and mocked mercilessly. Save our pets. Secure our borders,” Kirk wrote.

X owner Elon Musk replied, taking Kirk’s post at face value, writing, “Apparently, people’s pet cats are being eaten”.

Haitians have been explicitly singled out in this case because of an influx of Haitian immigrants to Springfield, Ohio. Approximately 20,000 people have come from Haiti to Springfield, according to the New York Times. The Times reports that the new immigrants have helped the city bounce back from a decline both of businesses and population.

In 2014, Springfield launched a plan to bring businesses back to the city—leading to 8,000 new jobs by 2020. There were many new jobs, but there weren’t enough people to fill all the positions. Enter the Haitian community, who filled the positions, made new lives for themselves, and have even started opening their own businesses.

“There was a time, not too long ago, when we were a dying city, hemorrhaging people and jobs to other places. And the good Lord heard our prayers, and brought us the gift of the Haitian immigrant community,” Korge Mori, a Springfield resident, told the Times.

As for the specific claims by Vance and Kirk, the Springfield police have no reports of pet cats being taken and eaten, according to the Springfield News-Sun. While there was a recent case of a woman being accused of killing and eating a cat, that took place in Canton, Ohio. There is no evidence the woman, Allexis Telia Ferrell, is Haitian, and she has been a registered voter in Ohio for six years, according to The Daily Dot. And, as the Daily Dot points out, Canton is nowhere near Springfield.

Though it’s been a common urban legend that Haitian people eat cats, it does not appear to be based in any fact. A Google Books search of books with the subject “haiti” prints up nothing about eating cats being a part of Haitian culture. In fact, the only references are similar to ones like in the book Tropics of Haiti: Race and the Literary History of the Haitian Revolution in the Atlantic World, 1789-1865 by Marlene Daut. In this book, Daut refers to a claim of cat-eating by Edward Long, a historian who died in 1813—a claim Daut calls “bizarre.”

The idea of Haitians eating people’s pet cats is just another ugly urban legend with no basis in reality—much like similar claims against other immigrants to America. While it’s generally safest to keep your cats inside, it’s not to protect them from hungry people, but from being hit by cars.

Continue Reading

Trending

Copyright © 2020 AlterNet Media.