So I wanted to ring in the New Year with a reminder of what is most likely on your minds right now. New Years resolutions. I know most people, including myself are thinking about how soon they can get those extra pounds off from the excessive and luxuriant meals we’ve enjoyed over the last few weeks or so. I’m lumping in Turkey Day too. This is par for the course, but I really wanted to bring up a more fiscally minded set of resolutions. I’m sure most of you out there have the usual smarting feeling in your pocketbooks and bank accounts, and I do feel for those of you who like me have to pay all of our property taxes by the end of January. This is just an added sting to the post holiday wake up call. As we get back to work, and slowly ramp up to productivity again, I wanted to focus on a section of our society who I think needs to be given their own special wake up call. This is one that I think will be akin to someone repeatedly hitting the snooze button on their alarm clocks until they are seriously late for work. I’m talking about our “leaders” in Washington. Most of us of the great unwashed have already begun to do our fiscally responsible duty of figuring out how to get out of our own self created personal debt that we’ve mounted. I know I’ve been hard at it since late last year, but it’s an ongoing battle, and you must be vigilant. I just wish the propeller heads in D.C. could have a bit of foresight like most of us responsible American citizens. You know who you are !!! The first thing I’ve been hearing about is how they want to raise the debt ceiling right off the bat. This is why:
“The U.S. Treasury website today reported that as of last Friday, the last day of 2010, the National Debt stood at $14,025,215,218,708.52.
It took just 7 months for the National Debt to increase from $13 trillion on June 1, 2010 to $14 trillion on Dec. 31. It also means the debt is fast approaching the statutory ceiling $14.294 trillion set by Congress and signed into law by President Obama last February.
The federal government would have to stop borrowing and might even default on its obligations if Congress fails to increase the Debt Ceiling before the limit is reached.”
This year I propose that we the citizens keep a very wary eye on the government’s spending tactics, as they have proven time and time again that they cannot be trusted to do this on their own. They’ve been acting like a bunch of spoiled brats with their parents credit cards on a mall shopping spree, and I think it’s time we cut up their credit cards and make them do some housework for once. After all, the credit cards they’ve been using are funded by our money. I hope you’re with me on this.
And by the way, I wanted to wish everybody a Happy New Year !!!
And for you proud Libertarians, or those who are just curious about the philosophy, Here’s an interesting interview with Milton Friedman :
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