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  • Should We Raise the Debt Ceiling?

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    14 posts, 7 voices, 793 views, started May 5, 2011

    Posted on Thursday, May 5, 2011

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      Diamond
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      Did you know that we will be hitting our debt ceiling by May 16?  

      I was reading in the Wall Street Journal that the Treasury remains confident that Congress will raise the limit.  

      Really?

      Let’s put this in perspective....

      If I were to run up all my credit cards, take out a second or third mortgage on my house, and continue to spend like I won the lottery, what would you say?

      What if I then went ahead and borrowed money from my friends, relatives, and some of my enemies and then continued to spend like crazy. What would you say?

      How about I then steal my children’s money and continue to spend what would you say?

      Do you think the bank would raise the credit limits on my credit cards at this point? I don’t! I think I would have to file Chapter 11 to eliminate my debt and then get someone who can help me get my spending and savings under control. Otherwise, I would be out on the street.

      So my question is, why on earth will the govt raise the debt limit when we are stretched so far already? Instead, how about cutting some programs (pork)? We’ve all be asked to tighten our belts. It’s time our Federal govt does what they are asking us to do. They are not helping us or the country by this irresponsible spending.

      We really need people in power that have a good sense of fiscal responsibility.

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        • 0 votes vote up vote up

          Vikki Hall wrote May 5, 2011
        • See Annie that is where I always get stuck..... One party says one thing and when they have the control to do something they don’t. I’m not saying only the Dems or only the Repubs. They both do it. Grrrrrr.........

          And you‘re right if it was us would we be able to raise our limits and then get financial aid to help us out? NO!  

          I too say cut some programs, cut some govt wages (preferrably the law makers), cut some of the govt job perks, turn off the air in the chambers, etc.

          I need coffee I’m grouchy!



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        • 0 votes vote up vote up

          Mary Clark wrote May 5, 2011
        • I totally agree Annie!!  Big government doesn’t work!  

          As Thomas Jefferson said..( I keep going back to his quotes...)

           Government big enough to supply everything you need is big enough to take everything you have ... The course of history shows that as a government grows, liberty decreases.

          So with that said...now that we have so many people who live off the government...and we now SHOULD TIGHTEN THE BELTS OF THE GOVERNMENT...where does that leave the people who have sucked it dry..(I’m referring to those who play the system...take advantage of the system and in some cases de-fraud the system)?

          That is why everyone should be responsible for making sure you have money to live off of and not depend on the goverment to supply your every need.  (And I’m not referring to those who are handicapped or disabled or mentally challenged either).  

          We cannot keep spending the money we are spending.  It’s time for those who are Congress to quit sucking the life out of America.  They are the ones that were voted into office therefore they are the ones that have SCREWED up this NATION...not the people...but the ones we have intrusted to do right by the people.  They have ALL FAILED US MISERABLY.  ALL OF THEM....including the president and those of the past.  

          I say NO MORE PAY RAISES FOR ANYONE IN CONGRESS OR THEIR STAFF...INCLUDING THE PRESIDENT AND OFFICES BELOW HIM.  

          I say NO SALARIES FOR anyone after their term of office..and those terms shall be limited.  

          Folks...we need to all come together to TAKE A STAND...MARCH...WHATEVER...to put a stop to their self serving ways.  Yes..this is just a drop in the bucket..but it’s a start.  We as Americans have the right to say...“we’ve had enough“.  I certainly have!!



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        • 0 votes vote up vote up

          Cathie Beck wrote May 5, 2011
        • Mary, I wish that is what would happen. I have my doubts it will. A lot of lazy fat cats in government positions. I think it’s the first place changes should be made.  

          Cathie



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        • 0 votes vote up vote up

          Mary Clark wrote May 5, 2011
        • Annie..I think it's a crock of **! That is what it's all about.
          Maybe the American people need to revolt and say...enough is enough.  I mean really revolt.....

          United WE Stand.....YES......United WE Fall........I hope not!!



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        • 0 votes vote up vote up

          Mary Clark wrote May 5, 2011
        • Cathie...the reason we have lazy fat cats in Washington is because WE ALLOW IT!! As long as we do not protest any of it..they are going to keep doing as they please!  We need to put people in office that are going to say...NO MORE...get rid of your career polticians...it should be a “service” type of appointment...not some “pie job“.

          Eva...I think being paid hourly could be good in some ways.  Then you would have people clocking in but doing nothing.  I say you get a flat salary...that is reasonable...not over inflated...and when you don’t show up for a vote..you get docked....



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        • 0 votes vote up vote up

          Mary Clark wrote May 5, 2011
        • You are so right Eva!! They should get so many personal days off and so many vacation days...and so many sick days...and they should be docked just like everyone else.



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        • 0 votes vote up vote up

          Cathie Beck wrote May 6, 2011
        • Yeah!  

          Cathie



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        • 0 votes vote up vote up

          Cheekymonkey wrote May 6, 2011
        • To bad it wasn’t like an honorary position! Meaning min. pay because the job is the reward. Most have or come from money.
          And with all the work they DON‘T do they should have to get a real job.... Make it like the national guard one week end a month 3 weeks a year sure couldn’t get things done with a whole year maybe less time and fines that come out of their tax paying jobs.

          Annie, I think I want to bank where the country banks seems that bank just gives and gives and gives OH WAIT that would be us the taxpayers that give and give and give

          This topic really sets my boots blazin!!!!



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