$150 Billion in Civil Service Pension Funds Suspended as US Government Gears up for Civil Unrest in August
The term civil service has two different meanings:
- A branch of governmental service in which individuals are employed on the basis of professional merit as proven by competitive examinations.
- The body of employees in any government agency other than the military. –Wikipedia
By Shepard Ambellas
theintelhub.com
December 28, 2012
US Treasury Secretary Tim Geithner set a deadline of August 2 as the end of an economic safe zone created from excess government spending as the US Treasuries debt limit of $14.3 trillion will be reached this coming Monday, requiring both political parties to reach a resolution. However, judging by the nations previous track record the outcome will be predictable.
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