America going for broke
Blue Collar Man
Ronald Reagan’s September 26, 1987 radio address
Congress consistently brings the Government to the edge of default before facing its responsibility. This brinkmanship threatens the holders of government bonds and those who rely on Social Security and veterans benefits. Interest rates would skyrocket, instability would occur in financial markets, and the Federal deficit would soar. The United States has a special responsibility to itself and the world to meet its obligations. It means we have a well-earned reputation for reliability and credibility – two things that set us apart from much of the world
blue collar man Eric Canor: nice suit
America: Going for Broke
The one time beacon of the world seems to be burning out. Fortunately the 112th Congress was on the case and I don’t know about you but I feel better already. Much to the chagrin of its citizens, the House of Representatives took this too literally. On the 15th of July in the year of our Lord being 2011, those sent to Washington made a decision. In their infinite wisdom they decided to withhold funding to enforce a law passed in 2007 toward increasing the efficiency of light bulbs. We The People should be very concerned with respect to the dimwits, not the dimness of incandescence vs. Fluorescent.
If you’re fortunate enough to laugh that off, eventually one has to ask … Who are these guys? The short answer is they are the one’s willing to put “We the People” behind money, political parties and the National future agenda. They are the privileged sell outs. The only blue collar they’re intimately familiar with is under their $1,000 custom made suits. The solution to this problem can only be resolved when the almighty dollar is taken out of the political mix. Then again, the term the almighty dollar is quite comical in itself.
The latest distraction from the National Jobs crisis is the Debt Ceiling debacle. This is nothing more than a fabrication to divert attention away from putting America back to work. Someone correct me if I’m misguided but I looked and I looked through the Constitution of the United States, and I could not find a word regarding the Debt Ceiling being raised. In fact, the only item related to Debt was in the 14th Amendment which essentially states the country shall pay its debts. One has to ask, where are the roots of this self destructive behavior which could essentially destroy millions of families living on the brink…You know paycheck to paycheck? If the United States makes the choice of not passing this Debt Ceiling, interest rates will rise for all those carrying any form of debt. We must look back to the year of our Lord of 1917. It seems the Second Liberty Bond Act helped finance our nation’s entry toward fighting World War 1. You may say to yourself, well it was a World War, it seems justified. Given the fact America loves tradition; I suppose the conventional wisdom was to continue this practice. By my count it has been passed by Congress 77 times since without incident.
In all seriousness, what could possibly go wrong? It’s strictly a formality because no American would place any priority above the best interest of our Nation. Of course, the House Majority Leader Mr. Eric Cantor does hold a short position in the bond market which could be incredibly lucrative if the U.S. defaults; but lest we shall confuse that with a conflict of interest or misplaced priorities. The guy has to live right?
…But seriously now folks, we the People don’t really care about getting money out of politics…And We the People know the Debt Ceiling distraction is nothing more than political theater to initiate social change toward citizen entitlement programs. The smart money knows it far more important to spend more cash toward building infrastructure in Afghanistan and Iraq than here at home. This is America. What we the people care about is who going to be voted off next on Survivor and American Idol. If I’m misguided please correct me. Besides we have the vote, the ultimate veto power for Washingtonians gone amuck. Well folks, don’t look now but multiple states are making it increasingly more difficult for we the people to employ that particular veto.
Maybe we should just change the Year of our Lord to 1. If it has not been evident before, it sure is evident now. Green, scratch, cold hard cash; the almighty dollar has clearly become God.