Austin Goolsbee, chairman of the U.S. Council of Economics would have you believe the sky is falling if we don't raise the draconian debt ceiling we are now faced with.
Truth be known, If we get rid of true waste in Washington like Farm subsidies,,abolish the Dept.of Education, close the Dept.of Housing and Urban Development (HUD), shut down the Dept. of Energy, repeal ObamaCare and bring our troops home from Europe and Japan, we could and would elimate the debt ceiling.
SPENDING is the problem, not the need for more credit.
If you have $ 20,000 in personal credit card debt, you don't take another credit card out to make payments on the existing credit cards. You cut back your personal spending big time to pay down the cards. Our Government needs to do the same thing .NOW.
If the Republicans don't take the message handed to them in November, and cut a deal with the Devil (B.H.O.), I might just be sitting in someones seat in Congress in two years, because they will be thrown out, and also because I get it !. I'm not afraid of the Establishment in Washington. I have faced bigger challenges in my personal life than people that can't add or subtract, or Bullys trying to get you to do things their way.
The citizens of the United States of America do not send people to Washington to make friends, they send them there to get a job done.
So if I don't make alot of friends while I'm there, Too bad.
We need a Government that isn't afraid to make the really tough decisions. If the 112th Congress raises the Debt ceiling ,then they will have failed their first and biggest test in their term.
Raising the debt celing would just be kicking the perverbial can down the road. It would do nothing but add debt to debt we cannot afford.
today ,1.7.11, is the day America better start taking this debt very serious, or there will be a time in the very near future where it will be too late.
Yours in liberty,
Bob Yeager
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