say it with me…

…no debt ceiling increase does not equal default.

That only happens when the treasury doesn’t make payments on the debt.

http://mobile.reuters.com/article/topNews/idUKBRE9930L820131004?irpc=932

[Update 2013-10-04 19:20:55] Here is a good article explaining how the only way a default could really happen is if the Treasury refuses to prioritize spending. And here’s another.  In short, it would be like someone who makes $100,000 per year declaring bankruptcy over a $7,000 credit card bill.

I Just Wrote My Congressmen

Writing

and I think you should too.

Go here to find your senators
and
here to find your representative

Just to let you know I told mine 4 main things:

1. I blame the shutdown on the liberals and the President
2. I want them to stand with Sen. Cruz
3. I want them to vote yes on any measure to partially or fully fund any government agency as long as ObamaCare is not funded
4. In the upcoming debt limit fight, I only want them to vote for an increase in the debt limit if it is balanced with an equal or greater amount of spending cuts.  I would prefer “real” cuts over decreases to the rate of increase.

If you can’t tell, I’m glad the conservatives are finally fighting the President.  I wish they would have done this two years ago…better late than never, I guess.

[Update 2013-10-04 19:24:33] I heard back from my senators.  In short, one is working and trying to resolve the problem.  Who knows what the other is doing.

Image from jeffrey james pacres via flickr

Fiber / Fibre

Fibre optique

Well, BT just installed FTTC (fibre to the cabinet) in our neighborhood.  I just signed up for service…for an increase of £4.50 per month, we’ll increase our download speeds by a factor of more than 5.  (From 7ish Mbit/sec down to an estimated 40Mbit/sec down).  I’m stoked.

The install should happen on 16 October!

[Update 2013-10-18 22:17:57] Our fibre is installed!

image from fredrick bisson via flickr