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Debt Ceiling Resolution Date/Time Prediction
Old 07-24-2011, 03:55 PM   #1
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Debt Ceiling Resolution Date/Time Prediction

If you think the debt ceiling problem will be resolved before Aug 2, predict the date and time that you think the resolution will be announced. To keep it apolitical, please just post a date/time. Closest wins.

Mine: Aug 1, 11:20 PM
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Old 07-24-2011, 04:01 PM   #2
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Rules question: Is "kicking the can" down the road a few months considered "resolved" for this purpose? Because I'm 95% sure that's what will happen.
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Old 07-24-2011, 04:29 PM   #3
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I'm with Ziggy! Our government will circle jerk us for a bunch of months first, maybe longer. They will just raise the limit before Aug 2nd and spend, spend and spend some more. No elections this year so nothing needs to get done.
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Old 07-24-2011, 04:55 PM   #4
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Quote:
Originally Posted by ziggy29
Rules question: Is "kicking the can" down the road a few months considered "resolved" for this purpose? Because I'm 95% sure that's what will happen.
Hah! Agree.

It will be raised by Aug 2 though, which is what OP is asking, methinks.

I say Monday, Aug 1, 9:55am EST.
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Old 07-24-2011, 05:08 PM   #5
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Somewhere I read it's important to resolve this before the markets open in Japan. Made sense to me. Since Japan is ahead of us time wise, I'd say August 1st right before the Japanese markets open.
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Old 07-24-2011, 05:59 PM   #6
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Old 07-24-2011, 06:04 PM   #7
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Sunday, Aug 31, 2:00 PM EST
The eternal optimist...
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Old 07-24-2011, 06:12 PM   #8
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The eternal optimist...
And there's a pony somewhere under here, too!
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Old 07-24-2011, 07:28 PM   #9
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Quote:
Originally Posted by ziggy29 View Post
Rules question: Is "kicking the can" down the road a few months considered "resolved" for this purpose? Because I'm 95% sure that's what will happen.
No. The official rules and regulations state "If you think the debt ceiling problem will be resolved before Aug 2..."
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Old 07-24-2011, 07:30 PM   #10
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I think an agreement in principle will be reached Thursday July 25, final votes by congress Friday / Saturday. Staff will have to W**k all weekend on small final details. President will probably sign it Sunday or Monday, whichever, looks better for him politically.
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Old 07-24-2011, 07:44 PM   #11
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Somewhere I read it's important to resolve this before the markets open in Japan. Made sense to me. Since Japan is ahead of us time wise, I'd say August 1st right before the Japanese markets open.
I'd like to revise my prediction to Sunday night 6PM Washington, DC time - July 31st.

Quote:
No formal negotiations were scheduled, but sources said that talks continued among staff members of both parties and the White House amid concerns that the continuing deadlock could prompt a downturn when Asian markets open trading for the week on Sunday night Washington time.
Source: Debt-ceiling talks continue as sides pursue dueling plans - CNN.com
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Old 07-24-2011, 07:54 PM   #12
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Closest wins.

Mine: Aug 1, 11:20 PM
Aug 1, 11:40 PM
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Old 07-24-2011, 08:12 PM   #13
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Aug 1, 11:40 PM
Is that Hawaii time?
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Old 07-24-2011, 11:23 PM   #14
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I'm starting to root for no deal. Let's watch it all burn together!
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Old 07-25-2011, 12:08 AM   #15
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I'm starting to root for no deal. Let's watch it all burn together!
I certainly know a lot of people who root for no deal...
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Old 07-25-2011, 09:34 AM   #16
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sunday, aug 31, 2:00 pm est
? 2014 ? -erd50
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Old 07-25-2011, 09:43 AM   #17
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4 pm, July 28.
In time for news credit Thursday PM, Friday and all weekend.
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Old 07-25-2011, 03:55 PM   #18
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Turn off their air conditioners until the deal is done.
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Old 07-25-2011, 05:01 PM   #19
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Might as well play..... what do we win


July 29th at 5PM Eastern... need it in time to get on the news....

Again, the rules state 'announcement', not signing....
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Old 07-25-2011, 05:04 PM   #20
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August 1, noon DC time.
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