Tuesday, July 12, 2011

Greed, Debt, and other things American.

Well in the nation's capitol, there has been an ongoing debate on how to manage the prolific amount of debt that has accumulated since the beginning of the war on terror. Now republicans who formerly supported(11 times!) the raising of the debt ceiling under the Bush administration until it reached trillions of dollars, now stand firmly and relentlessly against raising it further because they feel that we should manage and pay off the debt we already have... but with proper consequences that would follow suit. The reason being is that republicans plan on paying off the programs that have the most debt such as medicare, social security, etc. by appropriating funds from other federal programs such as the dept. of education, Federal highway admin., and anything that has to do with paying or giving aid to veterans and active duty soldiers.
     Now under that plan, we might be able to pay a few bills(at the expense of education, infrastructure, and veterans) but if we refuse to raise the debt ceiling any further, it could create a major catastrophe in our economy and choke off access to other credit markets. In other words, it could cause another great depression. Now the republican party has been repeatedly warned about the consequences by every economist in America, but they have resorted to just covering their ears and hiding under the covers hoping that the 13 trillion dollar monster that THEY created will just disappear into thin air. It seems that there is no good solution to this, because the plans of the democrats are to just keep on raising it while crossing their fingers hoping that the global market will pan out in their favor by having an increase in consumer spending. But now we must sit and watch helplessly as our "leaders" who caused all our problems destroy themselves trying to solve them.
The moral of the story? Prolonged war is never a good thing, and the billions of dollars a month we spent fighting this decade long "War on Terror" is finally catching up to us. So choose your battles wisely, kids, because you might end up dying at the end.

62 comments:

  1. definitely agree with all of your sentiments.

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  2. "The moral of the story? Prolonged war is never a good thing, and the billions of dollars a month we spent fighting this decade long "War on Terror" is finally catching up to us. So choose your battles wisely, kids, because you might end up dying at the end" ...truer words were never spoken my friend. Couldn´t agree more.

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  3. Nice, ill keep reading your blog, agree with u on this 1

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  4. Wow, good info! Looking forward to reading more.

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  5. "Prolonged war is never a good thing." It never is. Especially poorly executed wars.

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  6. Something has to give somewhere, while I don't agree with allowing the US to go further into debt I also don't agree with cutting funding veterans and other places where the money is well deserved.

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  7. your first paragraph was the best bro!

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  8. I agree, but jesus, what a wall of text.

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  9. we could use that money for so many other things than war

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  10. Cutting the tax breaks for the ultra rich would eliminate the need for a raise in the debt ceiling. Republicans refuse to budge on this issue. If the upcoming legislation to drop prohibition on marijuana passes, it could be used to wipe the debt out in just ONE year! Great blog, man.

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  11. Very informative post, I totally agree!

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  12. Great post Ifully support your opinion

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  13. Cutting education and infrastructure...really? We're already godly retarded in America and our nation expands farther than most of our competitors. Way to shoot ourselves in the foot -_-.

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  14. I agree with Jack and lolmudkipz101

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  15. Yeah.. This is a great point. America's values are all backwards.... Thank you for bringing this up!

    +followed

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  16. i agree with your opinion, although id like you to elaborate on that "choosing your battles wisely" part

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  17. A damn fine post, damn fine, couldn't agree more with what you said.

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  18. Ugh politics, never liked them.

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  19. Military Industrial complex my friend, Eisenhower was right.

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  20. Awesome post! Keep up the great blog work!

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  21. My dear friend, DistribuyendoHierba, I like your blog. :)
    Follow'd.

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  22. Definitely agree with your post here. I think America has really gone downhill in the last 10-15 years. Its a sad sad world we live in nowadays.

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  23. I believe things have to get worse before they get better.

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  24. this countrys government can run anything

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  25. Haha it's great how greed is symbolic of americans.. Followed! alphabetalife.blogspot.com

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  26. I love greed =D
    PS: Greed is good

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  27. the alien in the pic is my fav WB character

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  28. At this rate, who can predict the future of the US? Good write up, always appreciate bloggers who take that extra step in their articles. +1 and following.

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  29. Glad to see someone is paying attention. This stuff is madness.

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  30. Like I've said before, war is good for the economy, just like cannibalism is nutritious.

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  31. Fighting never brought anything good to anyone, diplomacy is the key!

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  32. Hey! Im waiting for new posts =P

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  33. agree, war isnt a good thing

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  34. War sucks, just like a huge debt. US should deal with it quite asap, it could harm economy. Though it shouldn't be at the expense of education or medical care or st. Honestly I doubt if such a huge debt can ever be repayed.

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  35. An unjust peace is better than a just war.

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  36. I'm anti-war. Not anti-enlisting though. And I'm certainly anti-huge defense budget cuts. Only reasonable ones.

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  37. i hate politics for this reason

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  38. Interesting.

    Shame the world has to be like this.

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  39. It is over used these days, but still a great saying...
    Diapers and politicians should be changed often, and for the same reason.

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  40. Agreed. Thankfully I don't have to directly deal with this issue as Americans do.

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  41. im glad i found another political blog! check out mine i talk about govt also

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  42. Better than living in a 3rd world country atleast

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  43. same prob here in europe. some countrys have massive debts and the rest of europe has to help. -.-
    nice blog btw
    +1

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  44. More money more problems. Sucks that less money more problems is also true in its own way.

    P.S- Lol at "This is great!" on every blog.

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  45. This comment has been removed by the author.

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  46. I totally agree mate, greed sucks.

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  47. Did you really write all of this? Because I really read all of this..
    I must say, you bring up some great points, i say you have some sort or literary or political experience, no? You should consider a column in your local paper.
    Anyways, since I took an interest in your sentiments, I followed you ;)
    Keep up the good work

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  48. really don't like popunders, but good point you have here.

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  49. I feel bad for everyone hungry around there and billions directs in wars.

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  50. I agree with author. Nice read.

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  51. I just don't know how pillows work into this equation. I mean, there MUST be some kind of revenue generated by our country's bedding manufacturers, right?

    Who are all you people? Where am I?

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  52. I think you are right to point out the hypocrisy of the GOP, voting before to raise the debt limit, and now standing firmly against it when they are the ones that contributed the most to the debt crisis.

    I like your analysis.

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  53. Wars lead by the americans were always a disaster from the beginning.
    - followed

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  54. If I was in high up places I would do the exact same thing but unfortunately Im not

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  55. It sounds bad but we need war. It worked for the Great Depression!

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