Will the US default on its debt?
Will there be no money for the Old folks, the disabled, the blind, those with terminal illnesses.
The weakest in our society? The most venerable, in other societies, are often held with a kindness and a love, for their contribution to society.
That does not seem to be the case if you have even bothered to spend time in a nursing home.
So will the veterans and the old, and the sick and the terminally ill be the fist to get hit by our money problems?
Source yahoo news
Not likely, according to analysts, who say that even without the ability to borrow more money, the government could avoid a devastating default for another week or so.
That raises the question of how urgently action is needed to increase the nation’s borrowing limit.
When you read that you have to say wow, this is really bad, right, this is horrible, right, this is crazy right?
Sure, it sounds like the end of the world, according to an article in yahoo news, (if it is really news were not sure)
The thing is this, they say, that we need to increase the nations borrowing limit but is that really true or is that just fear mongering.
If it is true, then where is the money being spent, are we sending it over seas to other nations, (not that we can tell)
Well then where is all this money going, because it seems like there is a really simple solution here, stop spending so much money on nothing.
Or tell us what your spending so much money on, the bail outs, were a bad bet, with billions still owed by the car companies, and the economy in such bad condition, who can afford to buy a new car?
See how it gets harder to believe, the thing here is this, how can you borrow your way out of debt?
Again, the money is out there, in many cases there are corporations that have billions and billions of dollars just sitting there because we have an out dated tax system that punishes success and denies the ability to grow as a nation, the simple solution is a flat tax, a capitol gains holiday, producing more tax revenue, providing for the need.
It is really not that hard to figure out so what is really going on is it some crazy asteroid out there that were trying to fight and cant talk about?
No that’s just crazy, right, but you would think that the end of the world is about to take place by the tenor of the democrats in Washington.
One thing remains clear, we need to take some action and if we cannot borrow any more money because we have already borrowed too much then its time to reduce some of the things that are costing so much money like the post office, which lost more than 15 billion dollars over the last five years?
When a business starts loosing that much money, you have to do something about it, because you cant just keep on loosing that much money.