The Debt Ceiling

What happened to pay-as-you-go?

If there is any truth (doubtfully) about this cost cutting brouhaha bandwagon everyone is supposed to be on, then a very simple start would be NOT to increase the Debt Ceiling and actually force these megalomaniacs to cut SOMETHING! If we authorize more money, it will be spent and we will be fed more hogwash about the dire necessity to prevent us (them) from bankruptcy or other such gobbledygook; in other words … business as usual.

Look around this site and be amazed at our own stupidity: U.S. National Debt Clock : Real Time

5,503 views 3 replies
Reply #1 Top

It is the difference between cold turkey and gradual withdrawal.  Given the latter has not worked and does not seem to, Cold Turkey it is.  Time to cut off the head of the chicken and get it over with - or congress will never reign in spending.

Reply #2 Top

The only feasible thing we as peons can do is cut off the money and let these despots choke on their own ineptitude. We have the power to do this … but I do not have much confidence in the Republican Party, most especially Speaker of the House John Boehner who talks a good talk but has been complicit in the debauchery we call our Government for many years and through many administrations. Time will tell all!

 

Reply #3 Top

but I do not have much confidence in the Republican Party,

Neither do I

most especially Speaker of the House John Boehner

Or Cantor. I can at least proudly say I did not vote for him last year (He is my rep).  I told him he lost my vote when he voted for the punitive tax on the bonuses of the Wall Street Execs (the separation bonuses).