I may be wrong, but suspect that he’s going to do an end run around congress. We could be looking at a very serious constitutional crisis.
One the debt ceiling issue, we’ve paid for our lavish spending through taxes, debt and money printing. IMO we’re nearing the end of our ability to do all three. As Ron Paul recently said, we are broke and nobdoy wants to deal with it.
The stock market is dropping like a rock at the moment. This is going to be an ugly day all around.
Imagine a press conference by your 14 year old
“I ran up my parents’ credit cards and spent the money. Now pay for it! and I am not negotiating. “
“One the debt ceiling issue, we’ve paid for our lavish spending through taxes, debt and money printing. IMO we’re nearing the end of our ability to do all three. As Ron Paul recently said, we are broke and nobdoy wants to deal with it.”
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I so totally agree with that.
We are in debt up to our eyeballs, yet we keep sending American companies to China, which incidentally now has the largest production capabilities on the entire planet.
BRINK BACK AMERICAN MANUFACTURING.