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 Now This Will Give You The Warm Fuzzies!!!

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PostSubject: Now This Will Give You The Warm Fuzzies!!!   Sun Aug 07, 2011 7:26 am

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Hours after Congress voted to raise the debt ceiling, the national debt rose enough to consume 60 percent of $400 billion allowed.

According to the Washington Times, spending shot up $239 billion on Tuesday, the largest one-day increase in American history.

Other debt news includes this heartening tidbit: Thanks to the big jump, the national debt may well exceed the gross domestic product.


WTH are these folks doing to us and our future generations!!! This is crazy!!

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PostSubject: Re: Now This Will Give You The Warm Fuzzies!!!   Sun Aug 07, 2011 5:02 pm

I think by now we should have expected this. You give them an inch and they take a billion miles. They need to be removed from office, by force if need be.
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PostSubject: Re: Now This Will Give You The Warm Fuzzies!!!   Mon Aug 08, 2011 5:04 am

I have never brought this up on the forum before but when the spending exceeds the GDP, there are real problems! Whatever recovery there has been up to this point if any, will evaporate quickly once this news hits the market! We cannot sustain this level of spending for any length of time. It is self destructive!!!

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EXPERIENCE IS WHAT YOU GET WHEN YOU DON'T GET WHAT YOU WANTED!

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PostSubject: Re: Now This Will Give You The Warm Fuzzies!!!   Mon Aug 08, 2011 4:14 pm

I hear you. They know it. They care less.
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PostSubject: Re: Now This Will Give You The Warm Fuzzies!!!   Mon Aug 08, 2011 5:54 pm

Someone needs to draw the line in the sand and stop this crap of spend spend spend!@! JMHO!!

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