Didn't you love where the reporter asked Hillary if she had to sweep her office floors or take out her own trash yet. She ignored him.
I seriously believed that the sequestion would be a real wake up call, it wasn't the government only used it as an excuse to clean what they couldn't before.
Now with the shutdown, nothing is going to happen.... sooner or later we will have to pay the piper. Its comming, Russia has almost recovered from theirs now.
I loved this guys write up:
For some reason the media does not get it. This is NOT about Obamacare. Obamacare is the proverbial "line in the sand". This is about economic reality. Quite frankly I don't want to see another bill passed until this country establishes a "pay as you go program". The debt ceiling is this nations credit card and America is a credit card junky. Credit cards have led to the bankruptcy of more people than anything else in the history of mankind.
Consider: You are a banker and a customer walks into your business:
The customer's current obligated debt is 16.7 trillion with a spending to income ratio of about 6:1.
The client's gross obligated debt is about 59.3 Trillion.
Your customer's unfunded liabilities are 123.4 Trillion: I.E. bills coming due sooner or later.
The total assets of your customer is only $93 Trillion.
On closer look you see your customers interest payments on debt exceed revenue by 100:1
I.E. for every dollar your customer makes he pays out $100 because of interest on unpaid bills.
If you were a banker would you give this customer a loan?
Remember Obama's speech on the US Senate floor on March 16, 2006? "The fact that we are here today to debate raising America's debt limit is a sign of leadership failure. Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better.”
They made car insurance mandatory to save use money, anyone see a rate decrease? <Chuckles> Now they are making ALL medical insurance mandatory, they are just locking in the higher prices. Have you not read where the Doctor reverted to a cash only policy? He dropped his prices by over 50% because he didn't have to file paperwork and could do as he saw fit instead of what the insurance required?
I appoligize, will step down from my soapbox, this is not the appropreiate place.
Edited by Foamheart - 10/7/13 at 9:52am