Friday, July 29, 2011

DEBT CEILING CRISIS BECOMING CRITICAL. DEFAULT NEAR 100%

Just when you thought things couldn't get any stranger, Speaker of the House John Boehner added the failed cup, crap and balance act back into his bill that died the first time around a few days ago. What part of this is never going to pass are you not getting? What is certain at this point is that after 6 p.m. today the House will pass a bill that has zero hope of even being brought up by the Senate. Reid will send that bill to purgatory and introduce his bill for a vote in it's place. Having seen the two bills, Reid's is the better of the two for everyone involved. While it lacks raising taxes against the wealthy, it doesn't eviscerate the poor and middle class either.

The GOP bill is the exact opposite. What morons are supporting this bill? The Teatards of course who have shown a lack of understanding about the most basic of principles. These idiots are actually championing for the end of the middle class and for their kids to live a life of squalor and destitution. The rich want it all including your absolute obedience. We fought a war over these principles and we may have to again. The Tea Party is the fascist party wrapped in a brand new bow, exactly as past historians predicted it would arise again in such a fashion.

Cooler heads are not prevailing as everyone, myself NOT included, thought they would. Having dealt with the masses on a regular basis I have come to a terrible realization. We as a people, in the US and abroad, may indeed be too stupid to survive. The level of idiocy has skyrocketed to a point beyond the dreams of the wildest sci-fi disaster movie. We are living on borrowed time and no one seems to care.

Next week will bring untold hardships to a number of Americans. At the very least, our credit rating is going to be downgraded causing a stock market drop, more housing problems on top of the heap we already have, and rising interest rates. If the debt ceiling is breached, then a lot of people aren't getting paid next week. The military will be the first on the chopping block as the 72 billion needed for payments are going to be too much to handle. Most likely the 184 billion we do have will go to SS, Medicare, unemployment, the debt payment with 30-50 billion left over to keep prisons open and some federal employees paid. For millions of others, it going to be rough as welfare, student aid, food stamps, homeless shelters and most government employees will be sent home sans paycheck. The effects this will have on the economy in any way, shape or form will be nothing short of devastation. Plan ahead because everything you know may end next week.

And the Teatards will be to blame.

Now where's my pitchfork and torch.

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