by Timothy Geithner
A book by that name would make interesting reading were it not so close to being an actuality in real life, right now. Written by a man who single handely failed to pay his own tax bill and then blamed it on poor bookkeeping. A man who with only a little help from barrack hussein obama has all ready run up more debt in two years than the entire country did since its beginning. A man who, ah hell, you get the drift. You can read the FOX article here.
Timothy Geithner is calling on Congress to raise America's debt ceiling. Why? To be able to borrow more money! Mr. Geithner states that failure to raise the debt ceiling could cost millions of American jobs. He further states if Congress doesn't raise the debt ceiling The United States will not be able to borrow more money to make payments on the money we have all ready borrowed. Now me,.... I'm just an a good ol' boy from the farmland of Ohio but,.........it don't seem quite right to me to borrow more money to pay for the money you all ready borrowed. I'm a thinking at some point there's gonna be no one to lend you money to pay off the money that you have all ready borrowed from them. Does that make sense?
According to US Government Spending.com and statistics compiled by Christopher Chantrill not since the war years of 1944 through 1949 has the US debt been at 90% or more of the GDP. Clik here for the web site to support these facts. You may want to book mark that page as it has some darn good facts on it. A little deep for me but I know one thing. If I spend more than I make, at some point I'm going to run out of money. At the rate Mr. Geithner and the Democrats are trying to spend our grandchildren's money we will be out of money before our grandchildren reach working age!
Everybody is citing the November elections so I guess I will too. The average American citizen is scared to death. Not of war, not of famine, not of flame or flood. They are scared to death of losing everything they have worked or are working for now. Sadly some all ready have lost their homes. Some families have lost their jobs and some have lost their pride. This current administration has got to be held accountable and those recently elected had better learn that and learn it fast! Compromise is not a word to be used when dealing with this administration. Dig your heels in Mr. Boehner and hold your ground. If not, you and those voted in this past election will be voted out and the process will go on and on and on until "we the people" vote in politicians that make the fundamental changes Americans are crying out for.
No raising the debt ceiling! No more bailouts! No more compromises! I say:
Let the chips fall where they may!