Green Energy
The ridiculous idea that raising the debt limit does not increase the debt
If your home budget shows you are spending $12,000 a month, and your income is $10,000 a month, and you have a giant credit card your are funding your life with, your are increasing your debt by $2,000 a month.
Sooner or later your need a larger limit on that card.
Even if you have cash flow variance then at some point you can pay down the debt. BUT WE NEVER DO. We can’t.
SO WHY DO WE NEED A HIGHER LIMIT?
Because NEXT MONTH you are going to need that increased limit to fund your DEFICIT.
Disingenuous does not describe the current occupant of the oval office.
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Boehner’s Strategic Mistake
After thinking about the restraint, or simple lack of invective regarding the president and democrats during Mr. Boehner’s rejoinder yesterday after the president’s utterly disgusting rhetoric regarding Americans who happen to be republican, I have...
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Make Up Your Your Minds, People, The Usa Is Going To Default
Do whatever you have to to get ready.Listening to Obama making his statementObama will ensure a default no matter what is offered short of all he demands in order to blame the republicans for it.Precisely as he locked out the vets from the memorials (yet...
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“raising The Debt Ceiling, Which Has Been Done Over A Hundred Times, Does Not Increase Our Debt”
Barack ObamaIf there is no need to increase the debt, why raise the ceiling?Actually Mr. Obama seems to be asking .. HOW EFFING STUPID ARE YOU AMERICA?Raising the debt ceiling doesn’t increase the nation’s debt, Pres. Obama declared in a speech today.In...
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In Which Timothy Geithner Speaks To Our Real Power
Geithner: We Should Eliminate the Debt CeilingTreasury Secretary Timothy Geithner says he believes the U.S. debt ceiling should be eliminated in a new interview with Bloomberg’s Al Hunt.“Do you agree with Alan Greenspan that we ought to just eliminate...
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Hooray For America! We Suck The Least!
Despite everything, it’s the USA, the american people as expressed by US Treasury NotesForeign holdings of US debt hit record highForeign holdings of US debt hit record high; China ups holdings after 2 declinesForeign demand for U.S. Treasury...
Green Energy