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CSPAN Washington This Week October 13, 2013

Our systems were not designed to not pay our bills. The legal issues are many. I do not know how you could make the legal issues are many. I do not know how you could make the decisions and i do not think the legal authorities are clear at all and i do not think the administrative process would permit the system to work. We write roughly 80 million checks per month. The systems are automated tube a because for 224 years, the policy of congress and every president is we pay our bills. You cannot go into those systems and easily make them pay some things and not other things. They were not designed that way because it was never the policy of this government to be in a position that we would have to be in if we could not pay all our bills. If you were to prioritize, its my understanding, we know what youre out pay obligations are to some degree. We have a Social Security payment due and major medicare bills do. On the other hand, kn ....

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CSPAN Key Capitol Hill Hearings October 11, 2013

Ridiculous the way we kind of lost, i think, our bearings on what economics is. Another thing thats burning me about verybodys talking backing the american dollars. What i was taught when i was in college is that the goods and services that a country produces is what backs the currency. If youre not producing anything, you havent got any backing. Alan you said youre a farmer. What do you grow . Farmer rancher. Wheat and corn and alfalfa hay. And thats another thing, we have a direct payment thats due to us that cant be paid for us right now. Its been a whole year in the making. I get 7,000 a year on usually on the deal. Were not going to get that until the government guys and the usda can go back to work. Ok. Alan, thanks for tuning in late in the afternoon in utah. We appreciate it. Thank you. And by the way you can check ut those numbers at u. S. Debt clock. Org. Right now 16. 9 trillion and change. Had the democrats been serious about a consensus solution, they never would have clos ....

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