16 May 2013 (14:48 UTC-07 Tango)/06 Rajab 1434/26 Ordibehest 1391/07 Ding-Si (4th month) 4711
The U.S. Department of Treasury has ordered the halt to sales of federal government bonds to state and local governments. This is an attempt to keep the federal government from hitting debt limits, despite the fact that on Sunday the limit is supposedly to be raised. Bonds are a form of debt.
The Treasury is also ending the investment of funds for federal employees’ retirement programs, as well as considering raping the federal retirement system for needed cash!
Treasury officials blame the U.S. Congress for not fixing the debt problem.