Wednesday, July 13, 2011

Debt Ceiling?

Inflation has a direct correalation to our Gov't's defecit. The price of everything always goes up. Now, perpetual inflation meets limited resources.

Woman sends bold message to the Gov't, buys a plane banner.
http://news.yahoo.com/blogs/trending-now/plane-protests-u-credit-downgrade-inmates-harass-victims-153836390.html

It is their business, it is their call...
http://finance.yahoo.com/blogs/daily-ticker/p-slammed-u-downgrade-174205361.html


what the hell is that? if there was one it wouldn't change. That is the meaning of the word ceiling.  Why make a "ceiling" if you are going to raise it 73 times? What this tells us is that the U.S. Gov't is not living within it's means and is pissing away our tax dollars.
http://news.yahoo.com/blogs/ticket/obama-scolds-congress-over-debt-limit-negotiations-182422867.html

I insist there is no such thing as a debt limit, (ceiling). Do we know what these words mean? They mean that you cannot go any higher than the set limit! The point of one is to keep our government from spending all our tax revenue. If we just raise the limit whenever our government spends too much money, then why don't we call it "Tax your dumbass' to heaven"? The government is robbing us and we are too stupid to even hold them to their word.

On another note, the Republicans are crying foul over what they used to do, again.
http://thinkprogress.org/politics/2011/04/14/158424/republican-leaders-debt-limit-hypocrisy/
yes it does
http://curiouscapitalist.blogs.time.com/2011/07/25/debt-debate-does-the-u-s-have-a-spending-problem/?xid=newsletter-daily?artId=16026?contType=blog_the_curious_capitalist?chn=us

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