With national hysteria on a par with 30 October 1938, it seems that America is about to explode.
We're going to stop paying all of our bills on 3 August if Congress doesn't let the President borrow trillions of dollars more than he already has? Come on....
Old people are going to starve or die of sicknesses? Soldiers are going to lay down their arms in the field? College students will stop learning and professors will stop lecturing? (Maybe that last thing wouldn't be too bad!)
If old people starve because they can't buy food it won't be because President Obama couldn't borrow more money. It will be because President Obama inflated the money supply so significantly and so rapidly that we have fallen into hyperinflation, where a loaf of bread costs more than a pensioner's monthly stipend. It will be because the host of enemies from whom we've borrowed $4,000,000,000,000 in 3 years have called our loans.
It will be because of a combination of well-meaning ideas, malicious schemes, economic laws, and natural timing have come together in the perfect storm.
Now is the truly last chance America has to maintain a ghost of its former independence. Now is the truly last chance America has to begin regaining its independence and its standing among nations. We must take the bitter pill. We must make the sacrifices that will lead us back from the abyss.
(Irony of ironies; recall when President Obama was asked if he believed in the idea of American exceptionalism. His response was that he believed America was exceptional in the same way "Greeks believe Greece is exceptional." And now we follow Greece down the path of economic apocalypse!)
I say, "Stand fast! Do not allow an increase to the debt ceiling. Enforce the fiscal discipline on yourselves that we have heard preached at us from the pulpit of the Presidency lo, these many months! What is good for the goose IS good for the gander!"
We're going to stop paying all of our bills on 3 August if Congress doesn't let the President borrow trillions of dollars more than he already has? Come on....
Old people are going to starve or die of sicknesses? Soldiers are going to lay down their arms in the field? College students will stop learning and professors will stop lecturing? (Maybe that last thing wouldn't be too bad!)
If old people starve because they can't buy food it won't be because President Obama couldn't borrow more money. It will be because President Obama inflated the money supply so significantly and so rapidly that we have fallen into hyperinflation, where a loaf of bread costs more than a pensioner's monthly stipend. It will be because the host of enemies from whom we've borrowed $4,000,000,000,000 in 3 years have called our loans.
It will be because of a combination of well-meaning ideas, malicious schemes, economic laws, and natural timing have come together in the perfect storm.
Now is the truly last chance America has to maintain a ghost of its former independence. Now is the truly last chance America has to begin regaining its independence and its standing among nations. We must take the bitter pill. We must make the sacrifices that will lead us back from the abyss.
(Irony of ironies; recall when President Obama was asked if he believed in the idea of American exceptionalism. His response was that he believed America was exceptional in the same way "Greeks believe Greece is exceptional." And now we follow Greece down the path of economic apocalypse!)
I say, "Stand fast! Do not allow an increase to the debt ceiling. Enforce the fiscal discipline on yourselves that we have heard preached at us from the pulpit of the Presidency lo, these many months! What is good for the goose IS good for the gander!"
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