Saturday, July 23, 2011

DEBT CEILING, IT'S BUSINESS AS USUAL DUMMY!

DEBT CEILING, IT'S BUSINESS AS USUAL DUMMY!  (Frazer Chronicles)
You know, I'm old enough to remember when I've said, "this is the worst it's ever been," or, "they have finally lost their minds," or, "those jerks have made a mess that will never be repaired." When gas prices suddenly spiked in 1974 and there were long lines at the gas pump, everybody said, "things will never be the same."  Maybe they were right, but we recovered and went about our business.

In the late afternoon of September 11, 2001, after my wife and I had consumed an adequate amount of alcohol, when we were sitting on our front porch, my wife suddenly got up, walked to the street, and with  tears in her beautiful big brown eyes, she looked at me and said something that has proven to be prophetic,  "things will never be the same," and she was right.

America no longer is the "land of the free and the home of the brave," and maybe it never was.  We struggle to gain a "handle" on  almost ever aspect of our lives, our government, our place in the world, and how we deal with issues here at home.

The debt ceiling has been around since, forever, here in the United States, in fact, since the country's inception. Debt occurred during the American Revolutionary War. Between 1796 to 1811 the country had 14 surpluses and only 2 debts. Of course the war of 1812 and then  the Civil War 49 years later again plunged the nation back into a debt mode. And the first and second world wars did nothing good for our debt ceiling.

A national, or public debt has been with the country throughout our history, but until 2011, and the Republican and Tea Party's, Grover Nordquist, Eric Cantor and Paul Ryan has tied all sorts of cost cutting addendum's to any raising of the country's debt ceiling, so that the country can continue to pay it's bills. I can find nothing to compare with what these people want to do.

Relax everybody, our elected political leaders will raise the debt levels, governmental payments will continue, and grumblings will be heard from both sides. People will still be taken care of, and the global economy will continue to put money into the hands of those people that our system of government is designed to do.

In recent history, since 1996, the U.S. debt ceiling has been raised an astounding 11 times, mostly to cover war and entitlement spending. It's almost like our government is trying to "eat itself skinny." The Accountability Office has not be able to sign off on the government's books for 14 straight years because of some very creative book-keeping practices.

The train continues folks, happy hour is almost here, complete with a huge banquet table of all sorts of delicious food, guaranteed to continue the fest to make us skinny, you dummies.

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