Let’s get something straight right off the bat here.
There is no reason…NO reason whatsoever to raise the debt ceiling.
None.
We won’t “default” if we don’t raise it and, we SHOULDN’T raise it without some plan to deal, and I mean deal EFFECTIVELY with, the CURRENT, staggering, $17 TRILLION dollar debt.
In 5 years, Obama hasn’t submitted a budget that spends equal to or less than we take in and for most of those 5 years, his budget proposals have been SO absurd as to not garner a single vote in the senate.
NOT EVEN ONE…FROM HIS OWN PARTY!!!
So…Why raise the debt ceiling?
Essentially, raising the debt ceiling would be borrowing MORE money to SPEND without ANY attempt to pay back what has ALREADY been borrowed and providing absolutely NO assurance that SPENDING will be brought under control.
Try doing that with YOUR bank and see what happens.
Try DEMANDING that of your bank.
Walk into your bank and DEMAND that you be given a bigger line of credit with your bank manager KNOWING that you spend more than your income and DEMAND it without ANY strings attached.
RUN YOUR CREDIT CARD TO THE MAX AND THEN demand MORE CREDIT BUT BE SURE TO TELL THEM YOU WON’T BE PAYING IT BACK…Let me know how THAT works out for ya.
You’ll be lucky if they don’t have you committed for a MENTAL examination.
Besides…
Yesterday…The Emperor granted to Pravda and Fox News, a Propaganda Conference.