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!
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.