Tag: Raising The Debt Ceiling

It has definitely been a wild couple of weeks that continues to prove to me that nothing will ever change in Washington D.C. We have seen a debt ceiling deal that does nothing to change the course our country is headed on.  The TEA Party has been called terrorists by Vice President Joe Biden, and demonized by some in talk radio and the IMPOTENT Republican establishment. I don’t know how many times I’ve heard the Republican establishment wimps say, ” We only have one branch of government, how much can we be expected to do?”  Controlling one branch of government is all that is needed to prevent any bad bill from being passed! THE SOLUTION SHOULD HAVE BEEN: Pass a spending freeze bill and cuts similar to what Sen. Rand Paul suggested ( a spending freeze and 1% cut each year for six years), and spend the rest of the time explaining it to your districts.  If the Senate and POTUS refuse to do anything with the bill, stay in your district and keep explaining it.  That is truly why we have a system of checks and balances.  The sky will not fall as they have led you to believe….

Here is some thought provoking commentary from one of our members on the phoney debt ceiling debate going on in Washington D.C…. If anyone is by chance is still holding their breath about US debt and the current negotiations, feel free to relax. Everything they are “scrambling” to do in Washington right now means, yep, absolutely nothing. No matter what they pass, even if it was 5 trillion, 6 trillion, 8 trillion……….does not matter. Why, because they can call it a cut all they want to but it is not. The spending increases (NOT THE DEBT BUT SPENDING INCREASES) by law are set to increase every two year cycle. The negotiations for this current debt discussion are associated with a 10 year projection. Yes, some like Rush and other radio guys will tell you that the AUTOMATIC spending increases over the next ten years will amount to 9 to 10 trillion dollars. That is above current day spending. So, do that math and cut 8 trillion dollars and the net result is not a cut at all but a 2 TRILLION DOLLAR INCREASE THAT THEY CALL AN 8 TRILLION DOLLAR CUT………….. Yea, that kind of accounting gets the average business…

We said it would happen…and it has.  While I’m not surprised, it is very concerning that this is coming from someone on the right. From The American Dream: Are you against raising the debt ceiling? If so, according to former Bush Treasury Secretary Paul O’Neill you are actually part of Al-Qaeda. Yes, seriously. During an interview on Bloomberg TV the other day, O’Neill actually made the following statement: “The people who are threatening not to pass the debt ceiling are our version of Al-Qaeda terrorists. Really. They’re really putting our whole society at risk by threatening to round up 50 percent of the members of the Congress, who are looney, who would put our credit at risk.”