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alstry (34.92)

Geithner Says Hitting The Debt Ceiling "Catastrophic" To The Economy

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January 07, 2011 – Comments (3)

Timmy says we must raise the debt ceiling.

Can you imgine the millions of catastrophes occuring each year to American families as they hit the debt ceiling and TAXPAYER BAILED OUT bankers cut them off.

It must be nice to think a $170K plus salary is "modest" when your employer is borrowing over $1 Trillion dollars per year.

It seems sorta strange....if Timmy and his fellow politicans want to keep getting paid, all they have to do is increase their own line of credit by raising the debt ceiling.  If an American citizen faces the identical circumstances, his taxpayer bailed out banker cuts him off and "CATASTROPHY" results to him/her and the family.

One we gave politicans and bankers unlimited credit.....we gave them unlimited power......and essentially handed over all of the rights articulated in the Constitution.

Only now are most of you beginning to understand why I called you sheep.......

But it is not the end of the world.....just the end of the world as you know it......and the beginning of an the beginning of the Digital Age being tracked at UdderWorld.com

3 Comments – Post Your Own

#1) On January 07, 2011 at 9:54 AM, LouieJunior (22.93) wrote:

U.S. Senator Barack Obama (D, IL) argued against raising the debt ceiling, stating ...

“Increasing America’s debt weakens us domestically and internationally. Leadership means that ‘the buck stops here.’ Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better.”

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#2) On January 07, 2011 at 10:57 AM, mtf00l (44.77) wrote:

UdderWorld,...

The illegitimate child of ...

http://caps.fool.com/Blogs/it-is-about-friggen-time-for/410995?&mrr=0.10

As far as leadership, it's been missing in this country for a long time, in our government, our businesses and our communities.

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#3) On January 07, 2011 at 4:23 PM, rd80 (98.26) wrote:

Your title has a few too many words.  I hope you don't mind if I fix it.

Geithner "Catastrophic" To The Economy

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