Treasury confirms debt ceiling to be breached today; will tap pension funds

Treasury confirms debt ceiling to be breached today; will tap pension funds
It's official: the US credit card has officially been maxed out, just as we predicted on Wednesday, and throughout Q1 and Q2. The United States is expected to reach the legal limit on its debt later on Monday and will start dipping into federal retirement funds to give the country more room to borrow

http://www.zerohedge.com/article/treasury-confirms-debt-ceiling-be-breached-today-will-tap-pension-funds

Feds Made $125 Billion in 'Improper Payments' in 2010-

Feds Made $125 Billion in 'Improper Payments' in 2010--Enough To Fund State Department 11 Times Over...The $125 billion in improper payments came from 70 different programs across 20 federal agencies (Health & Human Services, Labor Dept, Treasury Dept, Social Security Dept., Education Dept., Agriculture Dept.) Corruption at its finest...looks like they are already re-distributing the wealth???

http://www.cnsnews.com/news/article/gov-t-improperly-paid-out-125-billion-fy