Posted on 07/21/2011 5:42:41 AM PDT by Stoutcat
Well smack my face and call me Rip Van Winkle, because I must have been sleeping. Otherwise I wouldn’t have missed the fact that we’ve solved the debt crisis.
We have solved the debt crisis, haven’t we? The Gang of Six actually made a meaningful proposal that was accepted by everyone? Obama didn’t veto the “Cut, Cap, and Balance” bill? All those seniors are going to get their Social Security checks come August 3, right?
I mean, if that’s not the case, how could our President in good conscience pour millions of our tax dollars into new and unnecessary departments like the Consumer Financial Protection Bureau? And new arts initiatives like “Champions of Change“?
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(Excerpt) Read more at grandrants.wordpress.com ...
Capital that was consumed by government borrowing will now be available to entrepreneurs and venture capitalists. And as treasury bonds are cashed in at maturity, those funds will pour into other investments that actually produce wealth and growth. The bottom line in all of this is that we cannot come to grips with our future until we balance the budget. Yet sadly, no one in Congress is making this point.
Good point!
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