Lawmakers have until Aug. 2 to raise the $14.3 trillion debt ceiling or risk the possibility of default. The Obama administration says that after Tuesday, the Treasury can no longer pay all of America's bills.
On 1.15.11, I posted a blog called " It's time to "Cap" the Debt Ceiling ! " Here is a copy:
It's time to "Cap" the Dept Ceiling
The Socialist-Liberals would have you believe that if Congress doesn't raise the Debt Ceiling, AGAIN, The Earth will literally break in half. Catastrophic events of Biblical Proportions, Armageddon ! ! !
What these Spend-a-holics are not telling you is, they would not be able to spend like there's no tomorrow. They would have to spend within their means,(GASP!). And worst of all, they would have to trim their current spending by at least 20% and eliminate some very old and tired and non-essential Government Agencies. ( See my post from 1.7.11, Mr.President......).
If Congress ignores America's wishes, and raises the Debt Ceiling, this Country is headed for absolute Disaster.
Yours in Liberty,
Bob Yeager
I feel like for the past six months I have been chasing my tail.
When are the Elected officials up on Capitol Hill going to get it the the DEBT CEILING doesn't need raised, IT NEEDS TO BE CAPPED !
IF they would climate half the payroll in D.C., get rid of the Bureau"s and Departments that are sucking the life out of our Government, we would have a Government Surplus !
They are simply afraid to eliminate Government jobs that the private sector would absorb anyway.
I pray the DEBT CEILING INCREASE will not create the damage that I know it will cause, it seems like that is a lost prayer.
YOURS IN LIBERTY ! ! !
Bob Yeager
P.S. I know it seems like I'm beating a dead horse here, I just somehow, someway want my message to be heard, in Washington D.C.
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