I watched the phony debate in Congress all weekend. I am a businessman. I can only say that I am appalled at what I saw emerge in Washington, D.C. It made my stomach turn.
Thinking about the 'real world', I came to realize that if ANY of these Congressional 'movers & shakers' were running their own companies, then to a man they'd all be bankrupt...dead broke...and homeless.
These jerks simply cannot stop spending! Think about it. They've (both sides) have run up massive debt that they cannot pay off, but they continue to wage war (negotiate) over how much money that they do not have, that they can still spend. In 'the real world' no banker would even meet with them about borrowing. So why do we Americans keep voting them back into office? One answer has to be: self-absorbed greed. These folks assess everything against whether or not it will help them get re-elected. In truth, no one but the new crop of Tea Party associated candidates should ever be re-elected!
The cuts being worked out are way too little. The debt ceiling increase is nothing less than criminal. What should be done is a temporary debt ceiling increase with an end date to allow for reducing the government work force, lower government wages to bring them in line or below the average American wage in this country. Then programs should be cut and the size of government reduced until we can balance our budget. The democrats shoudl be arrested for not performing their Constitutional duties. They haven't even worked up a budget, which is required by law...they should be in prison, not running this country (into the ground like flight 93).
Government jobs used to be low paying but mostly permanent jobs. Not now! And it's the fault of both parties! I witnessed the worst form of hypocrisy over this weekend. Both parties fighting...no...shadow boxing, over cuts that will not amount to a hill of beans over the next few years! I believe that most of the maneuvering we saw, or didn't see because it was held behind locked doors, amounted to both sides having their unlimited spending credit cards reduced by a few cents...not capped or cut up. The winner will be obama because he will get his 'do over' and be allowed to sweep his mess under the carpet until after the 2012 election. Those bureaucrats are praying that we will forget about this mess so they can get back to their spending without limit.
Back to my business analogy: The 'owners' (Congress) have a failing business because they are simply inept at running a business (in this case, the 'business' of the United States of America). They have gone through all their cash. Next, they sold more stock, lying about the strength of their company to get even more cash which they then spent frivolously, say, hiring their friends and children of friends, even though none of those people was competent. They bought equipment they didn't need, over the objections of their CFO. They spent lavishly on parties and other 'perks' for themselves and for their 'favorite' employees, you know, the ones who would support them, no matter what (think...unions).
Now, the banks are saying "No More Loans! No More Payment Extensions (a debt ceiling?!)! Now, in the real world, those morons would have two choices: Close down, because they have made a mess of their business, or, sell to some other sucker before the doors actually do get locked. While making a choice, the owners continue lying to their customers (us) and their creditors (again, us). In our case, that 'other sucker' is foreign investors like China.
China is holding our debt. They are angry at our poor fiscal leadership because, like any bankers, they see how poorly managed our business (country) is. They relied on our financial stability to guarantee payment on that debt, but now that payment is in question because the company bosses simply do not know how to reign in their spending!
What we are seeing unfold in Washington, D.C. is the unmasking of a totally incompetent group of pseudo managers. Not only incompetent, but so corrupt they cannot hide their incompetence and corruption from the public any longer.
But still, there is one who is more corrupt than any other....barack osama obama. He's know what he was doing from the very beginning...from before he was 'put in charge'. He wanted to destroy that company...The United States of America. As for both sides of Congress...they continue to allow him to do it. When this monstrosity is over, the group most hurt will be those who voted this monster and his cohorts into office. I do not feel any sympathy for them. They were fools. They remain fools.
God Bless America...God Save America
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