***

***

Sunday, October 13, 2013

The best definition of our government debt default

Read this over at a site called Survive the Coming Collapse:

The whole raise-the-debt-ceiling-or-we’ll-default-on-our-debt argument, including what the Huffington Post, Fox News, CNN, and almost EVERY major newspaper, TV, and radio network have been saying is complete B.S. It’s a lie. A manipulative fabrication that has been able to spread like wildfire due to the general ignorance of the press.
The argument is like saying, if you have a great income and max out your credit cards due to living beyond your means, going to your credit card company, mortgage company, car loan company, and grocery store and telling them that if they don’t raise your credit limit, you won’t pay any of them…even though you still have your income.

Pretty much sums it up. Unfortunately, we may have to cut back on some of the necessities. Instead of America paying upwards of $100,000 for our president to vacation in Africa, he may have to settle for a kiddie pool and a sixpack in OUR backyard of the White House. With his guards, of course.

No comments: