Thursday, June 30, 2011

The Debt Ceiling...

I'm sure most of you are aware of the intense debate going in Washington at the moment about whether or not the "Debt Ceiling" of the United States should be raised. This is a major fucking deal, guys. I'm not going to lie to you. You have to realize that government actually runs on borrowed money, whether it be from private investors, private and or international banking establishments or even that nice little nest egg you have been working on. Yeah, you heard me. Let me put it this way.. When the government "borrows" money, they do not just ask a bank to hand it over. The government issues it's own debt in the form of bonds and the like.  You know the saving bonds your mommy and daddy bought you. That was just one way has been borrowing money from the general public in promise that you will be paid back with interest. Without this debt ceiling being raise, it would mean the actual DEFAULT of our government and economy. You would not get your mail, state parks would close, any government established entity would be in complete chaos. You want to talk about a domino effect? You got one right here, fellas. You can be assured the whole world will feel repercussions of this moronic situation we have got ourselves into. There are only a few simple solutions I can think of, and mind you I am no political genius.
1. Raise the debt ceiling so this mother doesn't explode
2. Make a plan of action to be sure that we start to reduce this deficit. (Note: Did you know taxation is at a 50 year low, and the richest class in America is paying less taxes now than they did in the 50s?) *HINT HINT*
Of course your oil tycoons, banks and rich old republican aristocrats aren't going to go for it, because why.. They just don't want the tax. Seems pretty selfish if you ask me. It isn't like they still wouldn't be living more comfortable than most of us in the world right now. I can barely afford to pay my rent, and I probably wouldn't whine as much as these old stubborn bastards are right now if they raised my taxes a bit.
Anyway, there are obviously ways to reduce our debt.. Look at how much we are paying our athletes; look how much money is put into programs like stimulus packages and government bail-outs. We just need to use our heads and the government needs to stop dicking around and do what they can to drag us out of this mess we are in. This is far from an impossible thing to fix, so just fucking fix it already.
It is sad that our government has turned into a corrupted and frivolous bipartisan rivalry. It is also sad that as of right now, the real American people out there working hard every day to earn their living can only stand by and watch as the great U.S.A tries to pull itself out of a whole that it has lazily been digging for fifty-odd years.... Who is representing who here?

-Blake

1 comment:

  1. It's not like it's a new concept. It's been done repeatedly for decades. (re:lazily been digging for fifty-odd years) As far as digging out, I'm glad they ended the space shuttle program, for one thing. I know it puts thousands out of work and that's regrettable, but do you take care of thousands of people or the millions who live here? I think the space program is a waste of resources. Yes, it's a fascinating idea to explore space, but mankind is not evolved enough for that anyway! Starvation and slavery still exist on this planet, so why in the hell are we looking for life on other planets, etc.?

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