Monday, May 16, 2011

Happy Debt Day!

The United States government has hit the debt ceiling with a resounding thud. Treasury Secretary Timothy Geithner, who famously cannot even manage to pay his own taxes, has started raiding federal employee pensions to fund continuing spending. So rather than cutting spending drastically to operate within its means, the federal government is stealing money it owes to citizens to keep spending. Come to think of it, that's exactly what they do with Social Security. Just one more example of why we need to change the thought process in Washington, D.C.

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