Watches & Warnings Warnings
Neal Barton's POV

Spend, spend, spend

POV

POSTED: Monday, November 19, 2012 - 7:58pm

UPDATED: Wednesday, November 21, 2012 - 11:09am

Well, are we feeling good about the next 4 years?

The people have spoken and we're off on a new direction. Hmmmmmmm , maybe not. The Senate won't pass a budget. Harry Reid is trying to go around what the founding fathers intended.

He just doesn't like other senators filibustering bills he likes. But, it all boils down to this right now. We've spent too much. I've used the words billion and trillion so many times it makes millions seem like pocket money.

Head of the Treasury Tim Geithner was asked about caps on how much money we could borrow against ourselves. He has a new plan, no cap. Borrow as much as you want.

CNS News reports Treasury Secretary Timothy Geithner said Friday that Congress should stop placing legal limits on the amount of money the government can borrow and effectively lift the debt limit to infinity.

Why didn't I think of that? We can just borrow and not make any tough choices.

There are too many entitlement to serve. Too many voting blocks to cater to. There is 49% that needs those gimmies.

That's my point of view, what's yours?

You can email me at pov@ketknbc.com
 

Comments News Comments

The feds are subsadizing all of the Texas businesses that pay minimum wages by funding the lone star cards housing assistance and utility assistance for their employees. IN TEXAS EVERY MINIMUM WAGE EARNER THAT HAS ONE CHILD QUALIFIES FOR EVERY WELFARE PROGRAM....H3LL EVERY $10,00 AN HOUR WORKER WITH ONE CHILD DOES TOO. DO NOT FORGET TEXAS HAS MORE MINIMUM WAGE JOBS THAN ANY OTHER STATE. Think Tx could fund all of that without the feds?....stupidity at its finest.

Eventually it will all catch up w/them.
So far no one has felt any pain.

Maybe the new movement to "test welfare guys for drugs" will twinge a bit.

O. has been shooting himself in the foot.

Only a matter of time before these things all pile up.

I , Myself, never learned how to handle $$'til the real pain showed forth.

Now I am very tough on me.

Been there, didn't like it. Won't go back.

This country will lear the hard way too.

Shall we make a bet when it will happen????

Lets see what the do nothing House will do, after all it is them that has to approve any spending before it is spent.

Atlas Shrugged. It's all about the dismantlement of America. They will attack everything that is traditional from our holidays to religion to what we can eat to how much medical care we can have etc. etc. Hope everyone will like the new Amerika.

Post new Comment