Let's compare this to maybe a real life example. A young college student has a credit card. This student has maxed out their first card. In order to keep up with financial obligations, rent, car pmt, etc the student gets a second card and gets cash advances so they can "pay" the first card. Rather than cutting costs, paying down the credit card, the student is raising their own debt ceiling. Stupid!!!!!!!!!!!!
What the United States is doing is not much different.
Speaking of LUNACY. If we don't pull another credit card Social Security is on the chopping block. http://blogs.marketwatch.com/encore/...iling-warning/
Ro...Please explain to me what we are doing now isn't TOTALLY INSANE?
How can we possibly raise a little more money without taxing the American people to death? Just so happens the United States has 650,000,000 acres of public land. Most of that is out west. Just so happens much of this land is sitting over oil and gas.........Even if it's not over gas and oil surely there are people willing to buy some from US. Ah but it doesn't really work that way. The credit card machine is gobbling up more land. Nice to own your own printing press!
Meanwhile our government is scaring old people into believing they are going to lose their social security checks if we don't plunge ourselves into more debt.
Come on Ro....