quote:Sheeple is a term created by combining the words "sheep" and "people." Sheeple are people that never question what they perceive as an authority. They blindly believe whatever they are told. It's often used to denote human beings who follow the status quo without researching or fully understanding the bottom line of their decision. By doing so, they undermine their own human spirit and give up certain inalienable rights. Sheeple are people who have a herd mentality whereby they shun individualism and always follow the crowd. The term "like sheep led to slaughter" applies to sheeple because they are so easily controlled as a result of their refusal to question their leaders.
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Posted - 23 Oct 2009 : 21:17:09 Bondservant, I am having reminders of the fainting goats.
I am no expert, but does the following further devour the "full faith and credit."
Record Treasury Supply On Deck: $116 Billion In Bond Issues, $182 Billion Total; Will Debt Ceiling Be Breached Next Week? By Tyler Durden Created 10/22/2009 - 11:34 The Treasury has released the line up of Treasury issuance for next week and it is a stunner: in the week of October 26th alone, the US will issue $116 billion in new Treasury Notes (2,5 and 7 Years), another $30 billion in Bills and $7 billion in TIPS. As pointed out earlier , there is about $150 billion in availability before the Federal debt ceiling is breached ($12.1 trillion). This likely means that Geithner will have to resort to some last minute tricks to make this full upcoming issuance legally permitted.
From Treasury Direct:
$29 Billion in 91 Day Bills, October 26  $30 Billion in 182 Day Bills, October 26  $7 Billion in 4.5 Year TIPS, October 26  $44 Billion in 2 Year Notes, October 27  $41 Billion in 5 Year Notes, October 28  $31 Billion in 7 Year Notes, October 29  Total Bonds: $116 Billion; Grand total: $182 Billion, ($150 billion Bond Ceiling Window).
2 Year Treasury 5 Year Treasury 7 Year Treasury Debt Debt Ceiling Treasury Treasury Supply