Now I'm not a financial wizard nor a consulting guru but I do believe I have a bit of common sense. This mess we are in is not difficult to understand and I'm going to try and explain in in very simple terms.
Our government is operating in the red, period. We are spending more than we are taking in and the money printing presses are working overtime. Now if you don't understand what I've just said let me put it in down to earth terms that all can understand. You have a family budget and bills. You ran out of money several years ago and started using your Master Card as a way to tide you over. Your making payments, sometimes all but most times the minimum payment. Now your Master Card has hit the limit and you can't charge anything else on it. You turn around and do the same thing on your Discover card. Finally you go and max out that American Express card and your out of ways to pay.
Well folks, that's were the federal government is now. The Debt Limit has had to be raised three times since President Obama was inaugurated on January 29, 2009.
We are coming up on another debt limit in a very short time. The Congress just came to an agreement to not shut the government down and cut a measly $38 Billion. We are going to be in the same place again in several weeks,
If these guys in Washington don't get their act together and realize that we have a spending problem not an income problem. You just can't keep hitting up on your rich uncle any more. You've finally tapped out your options and are just going to have to start living within your means. Washington Wak -Up.
Investigating the Gold - Hearing at 2pm
11 months ago
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