Okay I know I am a day early but when I saw this article it was like
a gift from God to save me from the Same Shift Different Day kind of
post. This article shows the oh so special mindset that seems to
romp through the halls of DC these days. Sure, we can't get the
Government restarted. Most certainly we are facing a first ever
default on our debts if the Damns and Boobs on the Hill can't work
something out, but don't worry! It is not going to be as big a
disaster as people think it is. Kind of like your sailboat sinking
with all of your family on board leaving you an orphan is bad, but
don't worry because the Titanic was much worse! Course your family
is still dead and you are still floating in shark infested waters.
See, according to the article, some Reboobicans aren't so worried
about the upcoming debt ceiling issue because they think everyone
else is over exaggerating how bad it is going to be. Their logic
(and I use that word loosely, very loosely) is that since it has
never happened before, then no one can be entirely sure what is going
to happen. See that is kind of like thinking, “Gee, I've never
actually been shot in the foot with a 12 gauge shotgun before so I
really don't know if it is going to hurt.”
Course on the very shallow surface of it all, the logic seems kind of
sound. These twits are right. The US has never defaulted on its
debts before so we cannot know EXACTLY what is going to happen. Of
course, one only has to look at Greece to see what kind of disaster
can happen when a country is unable to pay its debts.
Don't me wrong, Folks. I am not a supporter of our deficit style of
spending. I think that if any family in the world tried to live the
way the Fed does, they would have starved to death AND died from
exposure because their house had been repossessed. (Okay okay I know
you technically can't starve and freeze to death at the same time,
but hey we have two parties so why not two death scenes?) I think
the Gov needs to cowboy up and bite the bullet while taking the bull
by the horns and every other cliché that I can think of. We need to
balance the budget by hook or by crook (Mostly crook, we are talking
about politicians.) and we need to do it soon or the US is going to
make Greece look like Switzerland.
Ideally, all sides need to sit down hammer out an agreement to reopen
the Government and get a balanced budget before Oct. 17th.
Of course the odds of that happening are about the same as the
proverbial snowball's in Hell. Since that is practically impossible,
we will HAVE to increase the Debt Ceiling. It sucks, but the
alternative is default which is pretty much guaranteed to send us
back (or further back according to some experts) into a major
recession. Remember the near miss on a default a couple of years ago
affected everything from our international credit rating which
determines how much we have to pay in interest on our loans to stock
markets around the world.
Some pundits are claiming that a small group of extremists in DC are
holding the financial fate of the country hostage and they are
correct. Well, 536 is a small number isn't it? The Damns posture,
the Boobs whine and both sides stand resolute that they will not
change their minds because they have to defend the American People
and their country and defend it they will even if it takes dragging
the whole damned thing to Hell.
End of Rant
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