I’m not sure what the correct official term is, but now that the “Shutdown” crisis is over let’s hope it’s the “Shut-Up”.
For another few months anyway, Obama and the other inmates in the Washington asylum have managed to kick the can down the road again.
Who can tell who won the pissing contest. It seemed to me like there was a strong wind a blowin’ and they all got covered in it – piss, that is, not glory!
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But Obama has signed HR 2775 and made it the law of the land. The Treasury Department is authorized to suspend the debt ceiling, which to you and me means that the government can now spend as much as it likes and borrow as much as it likes. Start the printing presses boys!
We’ll have to go through it all again in February next year but I think what has happened this time has set a precedent for the debt ceiling to be removed completely to pay for Obamacare and a few more wars. It was all nonsense anyway.
It’s never a good thing to live beyond your means as many people throughout America and Europe discovered when the banksters stole our money, credit lines dried up and the real estate catastrophe occurred.
America will find that out too sometime down that long road that the can is being kicked. But leave that problem for your grandchildren.
How about a short story of love, betrayal, and revenge to end the week?
Enjoy.
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The divorce had just become final and she was preparing to remove all her remaining belongings from what had been “their” house.
On the first day, she sadly packed her belongings into boxes, crates and suitcases.
On the second day, she had the movers come and collect her things.
On the third day, she sat down for the last time at their beautiful dining-room table, by candle-light. She put on some soft background music, and feasted on a pound of shrimp, a jar of caviar, and a bottle of spring-water.
When she had finished, she went into each and every room and deposited a few half-eaten shrimps dipped in caviar into the hollow centre of the curtain rods.
Then she cleaned up the kitchen and left.
On the fourth day, her ex-husband came back to the house with his new girlfriend, and at first all was bliss.
Then, slowly, the house began to smell.
They tried everything; cleaning, mopping, and airing-out the place.
Vents were checked for dead rodents, and carpets were steam cleaned.
Air fresheners were hung everywhere.
Exterminators were brought in to set off gas canisters, during which time the two had to move out for a few days.
In the end they even paid to replace the expensive wool carpeting.
Nothing worked!
People stopped coming over to visit.
Repairmen refused to work in the house.
The maid quit.
Finally, the ex and his new girl couldn’t take the stench any longer, and decided they had to move.
But a month later – even though they’d cut their price in half – they couldn’t find a buyer for such a stinky house.
Word got out, and eventually even the local realtors refused to return their calls.
Finally, unable to wait any longer for a purchaser, they had to borrow a huge sum of money from the bank to buy a new place.
It was then that she called her ex-husband and asked how things were going.
He told her the saga of the rotting house.
She listened politely and said that she missed her old home terribly and would be willing to reduce her divorce settlement in exchange for having the house.
He was so desperate to get rid of the unsaleable house, that he agreed on a price that was only 1/10 th of what the house had been worth.
And because he knew she could have no idea how bad the smell really was, he wasn’t going to give her any time to visit the place again.
The deal was good only if she would sign the papers that very day!
She agreed.
Within two hours his lawyers delivered the completed paperwork which she duly signed.
A week later her ex-husband and his girlfriend stood smiling as they watched the moving company pack everything to take to their new home…….
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……and to spite the ex-wife, they even took the curtain rods too!
One day this week, according to all reliable financial sources, the United States of America’s debt burden reaches the $16 trillion mark, or as close to it as makes no difference.
That’s $16,000,000,000,000.00
The richest nation the world has ever known has now become the greatest debtor the world has ever known.
And the problem which began to get seriously out of control under the Bush Presidency is still spiraling out of control under Obama’s regime.
go bananas
To add a little perspective to the huge numbers, it took the United States government more than two hundred years to accumulate its first trillion dollars of debt, BUT it took only two hundred and eighty-six days for the most recent trillion dollars of debt to be added. And that was under the “Yes We Can” and “Change” administration.
So what has changed?
Nothing much.
Yes we can what?
Borrow and borrow and borrow again?
Let the horrific bankster’s mess run on for a few more decades?
Dream up more and more new government programs that we cannot afford?
Leave future generations in so much debt that they will never and can never get out from under it, (because there won’t be enough money to pay the interest on the debt let alone repay it)?
Continue to stick our heads in the sand while other nations kick our ass?
As I write this I can hear the Fed’s printing presses clunking away producing more new dollars out of thin air, which they will distribute through the banks – who will keep most of the money instead of releasing it to individuals and businesses to stimulate the economy and create employment.
Sadly, not only is the nation bankrupt, but the politicians who govern it are too – bankrupt of good ideas, intelligence and common sense. Their mentality is, ‘if something isn’t working, don’t change it, just do more of it’. (Aaaarrrrrrggggghhhhhhh!!!)
Their ultimate solution will be, as it inevitably always is – more taxes and more control! Just wait for those shoes to drop.
In the US, Hawaii and Florida are the only states that grow bananas. I suggest that they start looking for ways to up production because that is the type of republic the politicians seem hell bent turning us into!