Sequestration? What are YOU doing to prepare for it?

[gotojuston]

Stock up, it will be ugly... to the bunker!!!

http://www.youtube.com/watch?v=TW3rrnXE1sg

 

[public servant]

Until yesterday I thought this was something about horses.

 

[gotojuston]

Until yesterday I thought this was something about horses.

Why do you think horse meat is in the news so much lately, we have to resort to eating horses now because of the sequester.

 

[SERparacord]

Nothing will happen, just more progressive scare tactics. It's not firearms related either.

 

[Scarecrow]

My family is trying to dump monthly bills, since I may lose 20% of my pay for the summer.
Got to have money to camp!

 

[Slawburger]

It could have a bigger impact than people realize when the ripple effect is considered. Indiana doesn't have as much federal business as some states but there are still a lot of people earning paychecks based on defense spending.

Installations
Grissom
Crane
Atterbury (Reserve training)
DFAS (in old Benjamin Harrison)

TOP DEFENSE CONTRACTORS IN INDIANA

The Top 10 defense contractors in Indiana collected 75 percent of military contracts awarded in the state in fiscal year 2010. A look at the top 10 companies, the products they supply and their contract values:

» AM General (South Bend); Humvee trucks; $1 billion.

» Rolls-Royce (Indianapolis); engines; $733 million.

» Raytheon (Indianapolis/Ft. Wayne); missile and communications systems, electronics; $665 million.

» ITT Corp. (Fort Wayne); electronic communications; $392 million.

» Calumet Specialty Products (Indianapolis); petroleum products; $132 million.

» Ameriqual Group (Evansville); shelf-stable foods; $121 million.

» Petroleum Traders (Fort Wayne); fuel wholesaler; $120 million.

» ERAPSCO (Columbia City); sonobuoys and sonar systems; $87 million.

» Tri Star Engineering (Bedford); engineering support for weapons systems; $51 million.

» Kimball International (Jasper); infrared technology, electronics services; $27.7 million.

Source: Indiana Business Research Center, Indiana University

Source: Indy Star

 

[dragun762]

Bring on the zombies.......

 

[in625shooter]

It could have a bigger impact than people realize when the ripple effect is considered. Indiana doesn't have as much federal business as some states but there are still a lot of people earning paychecks based on defense spending.

Installations
Grissom
Crane
Atterbury (Reserve training)
DFAS (in old Benjamin Harrison)

TOP DEFENSE CONTRACTORS IN INDIANA

The Top 10 defense contractors in Indiana collected 75 percent of military contracts awarded in the state in fiscal year 2010. A look at the top 10 companies, the products they supply and their contract values:

» AM General (South Bend); Humvee trucks; $1 billion.

» Rolls-Royce (Indianapolis); engines; $733 million.

» Raytheon (Indianapolis/Ft. Wayne); missile and communications systems, electronics; $665 million.

» ITT Corp. (Fort Wayne); electronic communications; $392 million.

» Calumet Specialty Products (Indianapolis); petroleum products; $132 million.

» Ameriqual Group (Evansville); shelf-stable foods; $121 million.

» Petroleum Traders (Fort Wayne); fuel wholesaler; $120 million.

» ERAPSCO (Columbia City); sonobuoys and sonar systems; $87 million.

» Tri Star Engineering (Bedford); engineering support for weapons systems; $51 million.

» Kimball International (Jasper); infrared technology, electronics services; $27.7 million.

Source: Indiana Business Research Center, Indiana University

Source: Indy Star

You left out Several Thousand Federal worker bee for the VA, SS admin, (what few National Park employees here) FAA, US Marshals, DEA, Bureau of Prisons

If it goes throughwhen you factor in how many people work directly for or for a company directly related to the GOV it will make a splash in the economy

 

[Slawburger]

You left out Several Thousand Federal worker bee for the VA, SS admin, (what few National Park employees here) FAA, US Marshals, DEA, Bureau of Prisons ...

I knew someone would be along to fill in the omissions.

 

[TravisJ]

Eh, seems to me about the only damage it will possibly do to the economy is by causing a panic. They should be making larger cuts, mainly in welfare and other entitlements. I heard somewhere the other day that there are 11 states where there are more people on welfare than there are working. If that is true, it is absolutely absurd.

 

[SERparacord]

Eh, seems to me about the only damage it will possibly do to the economy is by causing a panic. They should be making larger cuts, mainly in welfare and other entitlements. I heard somewhere the other day that there are 11 states where there are more people on welfare than there are working. If that is true, it is absolutely absurd.

Welfare needs to cease to exist as it is today. It is the number one reason many States are going under. Okay throw in government employee benefits too.

 

[netsecurity]

You left out Several Thousand Federal worker bee for the VA, SS admin, (what few National Park employees here) FAA, US Marshals, DEA, Bureau of Prisons

If it goes throughwhen you factor in how many people work directly for or for a company directly related to the GOV it will make a splash in the economy

But their spending is NOT being cut. This is total BS. The budget is bigger than last year's for ALL departments as I understand it. The "cut" is only in the additional spending. Tell me why a company would lose workers if they are making more than they made last year? None of this makes sense. Sure, we are not spending more, so ADDING more government related jobs (in these areas) is unlikely, but how is that a bad thing?

Which is worse, hiring more workers with money you are borrowing from China, or not hiring, and not borrowing? I thought everyone agreed that the government needs to shrink, and that we passed sustainable borrowing thresholds a decade ago.

Obama and the senate setup all these cliffs by not producing a real budget or proposing any intelligent alternatives. What I see is absolutely disgusting lack of leadership. It is like we are on Titanic, everyone sees the iceberg 100 miles ahead, and the captain keeps saying "full steam aead". Dems ignore that we are out of money, and continue to try and GROW the government! Don't get me started on Obama care, I am fuming at the stupidity going on here.

 

[warthog]

Always praying for God's blessing and trusting in Him for everything.

that's me.

 

[ZombieApocolypse]

I played NHL 2013 last night, then watched the Capitals stomp the Carolina Canes .... GO CAPS!!!!!

 

[Survivalcookie]

Cuss at the TV...

 

[pudly]

There will be a trivial impact on federal spending, but unfortunately I expect that Obama will use it to cut bone before cutting any of the fat. (click the image for more info)

 

[JeremiahJohnson]

There are a few direct hits you will feel. USDA is cutting 6000 inspectors which will cut supply in just about every food you buy. When it can't be inspected, food isn't produced therefore demand - and prices - go up.

Air traffic controllers also furloughed - could be some serious waiting at airports.

The worst of it is the DoD takes the biggest hit. No funding for training and deployment means your sons and daughters that are on deployment right now will stay on deployment (likely) until something changes.

NOA takes a hit too, weather satellites that were due to be replaced this year - past their service life - will not be replaced. Early warning systems and weather predictions over seas for battle plans fail - again military takes a higher risk.

There are rippling affects all over. It's a crime what they're doing to the military. Pay raises for the military were put on permanent hold. They don't make anything already, yet they help fund congress's inept performance of their jobs.

 

[cobber]

Much ado about nothing.

This.

Didn't we go through this in December already?

These dire predictions wear thin... Especially coming from someone who is bringing it about through his own foolish spending, but wants us to force Congress to pull his fat out of the fire.

It is like we are on Titanic, everyone sees the iceberg 100 miles ahead, and the captain keeps saying "full steam aead".

The Titanic was an accident. That's the difference.

 

[Expat]

I just don't see why any of us would want to live in a world like that... I am thinking its seppuku time. How could I go on in a world where we have slowed the rate of growth in some government programs? Damn my fingers for even typing that.

 

[Slawburger]

One last attempt to get this posted. Silly phone.

The DoD budget has already been cut from prior years.

2011: 687 B
2012: 646 B
2013: 614 B

Source: DoD Fiscal Year 2013 Budget Request, Overview, Figure 1-1, Page 7 of 147

The Sequester then cuts another $55 B. The problem is that the DoD budget is nowhere near 50% of the budget but is facing 50% of the Sequester. The cuts are disproportionate. There are other areas of federal spending that I would rather see hit with a "real" budget cut.