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OCT 07, 2013 - Zero Hedge

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Guest Post: Government Shutdowns, The Debt Ceiling And Gold

Submitted by Pater Tenebrarum via Acting-Man blog, Political Grandstanding and the Dreaded 'Shutdown' There have been 18 so-called 'government shutdowns' in the US in the past four decades, including the current one. Some were of very short duration, lasting only a day or two, a few lasted much longer (the record was the 21 day event in 1995). These shutdowns tend to happen regularly when the administration is in cohabitation with a Congressional majority in the hands of the opposition party. For instance, if the Congressional majority is Republican and the president a ... Read More

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