Wednesday, December 29, 2010

The Four Questions Every Liberal Must Be Asked

The Four Questions Every Liberal Must Be Asked

This shouldn't be limited to liberals because this is a vital wake up call to each and every American. The questions are very simple and straight forward. The answers are a painful realization that America better act fast or else because the interest train is coming and it isn't going to be pretty when it smacks us. We haven't done a single thing as a nation yet to solve this issue and it is very doubtful that we will until after the crash. We know there is something bad out there waiting to get us, but like small children we think if we close our eyes it will disappear. The National Debt is at $14 Trillion and growing daily and we are spending billions more than we can ever hope to take in. So that National Debt is going to keep growing and at some point China is going to say 1.5% isn't enough to finance America, so the interest rate on that $14+ Trillion is going to rise. Once it starts upward there is no end in sight because we haven't cut spending, so we keep adding to the National Debt and now more of our revenue is going to interest so the Debt grows faster. This is a death spiral that we are just now entering and if we don't do something drastic it will destroy this country. Happy thoughts for the new year, so lets keep fighting about cutting a few million here and there while we spend Billions we don't have on things we don't really need.

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