WASHINGTON | Wed Jul 27, 2011
WASHINGTON (Reuters) - If the impasse over the U.S. debt limit is not broken soon, President Barack Obama will be forced to decide how he will manage the crisis.
The United States is drifting closer to a credit rating downgrade and default as Obama's Democrats and their Republican rivals work on competing plans to cut spending and raise the debt ceiling.
Treasury Secretary Timothy Geithner and a small team of his aides have worked on contingency plans should Congress fail to raise the U.S. borrowing limit by an August 2 deadline.
(Full Article)
This reminds me of a bad reality show. The real blockheads of DC.
They'll work all this drama from both sides of the aisle, and then at midnight on August 2nd they'll come around to a compromise. All the major players will smile for the camera's as if at a time of crisis, partisan politics could indeed be set aside for the "good of the country".
Camera cuts to back slapping, big smiles and puffed out chests as the script writers walk about with a glow of satisfaction. Certain that another term in office, elected by a grateful nation, private jets, limo's, mansions, custom tailored suits, power groupies and career politics are assured.
As long as this series is on the air we the people can't ever let them take our guns. How else will we shoot ourselves when the re-runs are way too much to bear?
WASHINGTON (Reuters) - If the impasse over the U.S. debt limit is not broken soon, President Barack Obama will be forced to decide how he will manage the crisis.
The United States is drifting closer to a credit rating downgrade and default as Obama's Democrats and their Republican rivals work on competing plans to cut spending and raise the debt ceiling.
Treasury Secretary Timothy Geithner and a small team of his aides have worked on contingency plans should Congress fail to raise the U.S. borrowing limit by an August 2 deadline.
(Full Article)
This reminds me of a bad reality show. The real blockheads of DC.
They'll work all this drama from both sides of the aisle, and then at midnight on August 2nd they'll come around to a compromise. All the major players will smile for the camera's as if at a time of crisis, partisan politics could indeed be set aside for the "good of the country".
Camera cuts to back slapping, big smiles and puffed out chests as the script writers walk about with a glow of satisfaction. Certain that another term in office, elected by a grateful nation, private jets, limo's, mansions, custom tailored suits, power groupies and career politics are assured.
As long as this series is on the air we the people can't ever let them take our guns. How else will we shoot ourselves when the re-runs are way too much to bear?
"In life you can never be too kind or too fair; everyone you meet is carrying a heavy load. When you go through your day expressing kindness and courtesy to all you meet, you leave behind a feeling of warmth and good cheer, and you help alleviate the burdens everyone is struggling with."
Brian Tracy
Brian Tracy
