DCD. Debt Ceiling Deadline, 5/19/13, Anonymous Says, "Expect Us". Hmmm.
The nation’s $16.4 trillion borrowing limit was temporarily suspended by Congress in February, and will be reimposed on May 19. At that point, the ceiling will be automatically hiked to cover whatever borrowing occurred during the suspension period — the government currently has $16.8 trillion in public debt outstanding.
At that point, the Treasury would begin to employ its “extraordinary measures,” to free up funds and keep the nation current with its obligations. The question now is how much time those measures will buy Congress and the White House to hammer out a deal to raise the limit.
5-19-13 Expect Us” Is a phrase mimicking the idea of an apocalypse on 2012. No confirmed details have surfaced as to what the date signifies other than a supposed 4chan revolution. The purpose of Operation Apocalypse (Where the phrase “5/19/13 expect us” came from) is to create widespread panic and/or speculation about what the date means for the amusement of those involved.
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