Federal Debt Ceiling: Planlessness and budgetlessness of the Obama/Reid Democrats
Obama’s Administration and Democrat Accomplices Want to Spend America into Holocaustic Destruction
- Jerry McConnell Tuesday, July 26, 2011
After months and months of discussion and observing Republican plans for fiscal sanity as the deadline date for increasing the Federal Debt Ceiling approaches to August 02, 2011, the entire Democrat population of the U. S. House of Representatives, the U. S. Senate and the entire Obama Administration has submitted NOTHING even resembling a fiscal plan except to verbally call for an increase in the debt limit.
These self same Democrats openly and roundly criticize conservatives and perorate about how the country will enter the disaster area if the debt ceiling is not increased. THESE STATEMENTS ARE LIES.
Here is just one of many comments on the Democrats’ lack of any credible action attempting to solve the problem instead of exacerbating it:
- The Patriot Post
- July 25, 2011
- “It seems reasonable to conclude from the planlessness and budgetlessness of the Obama/Reid Democrats that their only plan is to carry on spending without limit. Otherwise, someone somewhere would surely have written something down on a piece of paper by now. But no, apparently the Department of Writing Down Plans is the only federal expense the president is willing to cut.”columnist Mark Steyn
The Democrats do not understand that a financial debt problem is not solved by INCREASING the debt, which is what they want to do. The only way to solve a debt problem is to DECREASE the debt, not INCREASE it. And it is obvious that they WILL increase it, because why would they want to increase the debt ceiling unless they planned on continued spending on top of the already catastrophic current debt limit?
Think of your own fiscal situation at your home; although we pray it is nothing as deplorable as is our country’s position. But let’s say you and your family has been on a wild stretch of spending without watching the bottom line (or caring as in the government’s case); and suddenly you find as head of the household that the amount you owe will exhaust all of your savings. And worse, your credit line is being shut down by some of those to whom you are in debt.
In your mind you know that you must have more money to pay your bills. What do you do, - go to the bank and take out a loan to pay off some of the bills? Possibly, but if you do that, there’s the temptation, if not with you, but others in the family, to run out and spend it instead of pay bills. Not a good plan. YOU CAN NEVER LOWER YOUR DEBTS BY ADDING TO THEM.
First you line up all your indebtedness and make arrangements to pay down the interest on all of your bills. Creditors will usually show patience and willingness to help you with your crisis. (Governments will likely be the same if your past history has been good.) With the bills having been ‘good faith’ partially paid off, the rest of your urgent needs; food, shelter, utilities, transport, and other necessities will come out of the next installment of income (paychecks of all contributing members of the ousehold.)
This regimented form of fiscal discipline will most likely be continued for an extended period, but as the income begins to accumulate, further arrangements with your creditors to increase your payments to include an amount to be applied to your loan principle and your debt level begins to decline.
I needn’t go on as you see where this is headed and I would hope that all of those American citizens who would like to see this Administration’s fabricated “crisis” go away would tell the Democrats from Obama on down the chain to get with a fiscal PLAN or they can look for new jobs in 2012.
Naturally what I have shown above is an over-simplification of a more seriously in-depth problem that our country faces, but using the same logic can solve it with less furor and havoc than those forces of “no plans” direly predict.
We must prevent Obama, the Bilderberg Group, George Soros and the socio-liberal Democrat Congress from intentionally driving America into a holocaust of widespread devastation and destruction.
http://canadafreepress.com/index.php/article/38841
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