16 trillion in debt probably over half of that is owed to the friendly folks over at the Federal Reserve Bank, who like a rich uncle, will forgive the debt when push comes to shove!
What deficit? It is all smoke being blown up America’s tail pipe.
This doesn’t matter. Obama will get what he wants. The Republicans will claim a win for their Rockefeller republican friends. This middle class will once again get screwed. The debt ceiling will go up to 17.5 trillion.
Democrats will use the tax increase to hammer Repiblicans in 2014. Democrats take house. Harry Reid nukes the filibuster rule. Two more lib judges go to SCOTUS.
Kiss energy, heath care, insurance industries goodbye. Get ready to see all those rounds of ammunition purchased going to a new “national police force.” And get ready for the shortages of food and gasoline and a depletion of our oil reserves.