Thursday, August 4, 2011

Raising The Debt; Lowering The Boom

If one has eyes to see let them see. If one has ears to hear let them hear.
All I can say is same old stuff but different day from those we elected, no matter which party it is. Come and see what a patriotic Pastor has to say about our mess today.

The big story this week is the decision of the US Congress and Senate to raise the debt ceiling. Did this really surprise anyone? Despite millions of pieces of communication from their constituents to the contrary, congressmen and senators voted by substantial margins to increase the debt ceiling by up to $2.4 trillion. The House vote was 269 to 161. The Senate vote was 74 to 26. Coincidentally, the amount of this increase to the debt ceiling is now the largest debt-limit increase in US history–all the rhetoric by politicians in DC that they are serious about “cutting” federal spending notwithstanding.

Full story and Links here.