It seem to me that when the credit card company’s informs those people who certainly have reached their limits of credit, that person should know something about themself’s and what action to then take going forward. But then some brain-dead people, or some adolescent still living at home may see this position differently. After all Government does! So why not see things the same way they do?
Obama said the other day. “The debt limit was and is being used as an economic weapon by certain political party’s.” ( paraphrased )
Did he suggests that the evil banks/congress was behind this kind of limiting? Did they not understand his well-intentioned spending? Every time I get the rejection from my credit card reaching its limits, that’s the first thing that pops into my mind. My things I need, everything I buy is well-intentioned spending, my important personal needs. Don’t they know how uncomfortable life is without TP?
The government gives away things like food stamps, but when it comes to free TP stamps, they must assume that everyone still gets news papers delivered to their homes. Why not TP stamps for everyone, just to make the world in our corner a bit more presentable, a lot less likely to smell like ass. ( If you have ever taken public transit, you know!) Making humanity comfortable, and life bearable, makes a more happy-go-lucky and willing taxpayer, and a whole lot less likely that those who are on the government dole will riot over not getting their fair share. That must certainly be the first job of government, in maintaining power?
Arguments can be made that government passes out too much free stuff. Some of late have even complained that we have become a food-stamp nation. No one is even complaining about the future limiting of people’s ability to have access to TP, net alone using it on a regular basis. Giving it away for free wouldn’t cause a shortage of it, but it would cause a small economic boom for more jobs in the paper products industry. A win, win solution indeed.
There are some in government who would say. ” It isn’t governments job to flush good money down the toilet after bad.” Is that saying something in a back-handed way about food stamps, or spending money on credit?
Doing away with credit limits for government social justice, is justified. After giving the ability for people to feed their own pie-holes with help from the government, and yet purposefully forgetting to include the opinion, give the people the means to take care of their own bun-holes, would be cruel indeed! On the same plane as torture at the very least.
It is governments job to protect the value of money. So printing new money to then buy the nations debt, explains away the need of having any debt limits at all. The bills always get paid with new money printed. Presto! Problem solved, just like going to work for a paycheck/new money, without having to do so. So it is with an overly simplistic way to explain high finance to what has become all to common place in the minds of the average citizen who don’t see any problems with these kinds of governmental solutions. Of course, what seem to be plain paper being used by most people as TP today. Will end up being not quite as soft feeling printed paper, with pictures of dead presidents and numbers on it tomorrow.
What was that all to famous quote by “Dirty Hairy” in the movies? ” You have to know your limitations!”
We must all recognize that things of great value are things in limited supply or limited in availability like some great work of art. A dead artist can’t make another great work, so there is what seems great value to the work that was done. So when the president asked for the ability to remove all debt limits on the nation’s ability to print, and spend. What he was asking for was to raise the value of TP that is still being made with that softer feel to it these days. While telling you that the value of the nation will certainly be reduced by its borrowing. Giving our kids the bills to pay later on down that so-called political road. Is that the work of some great political artist, and will his work represent great value tomorrow?
When you think about it…….. Global warming is slowly killing the planet by cutting down trees. So limiting our printing of money and borrowing money is also controlling the rate of growth of global warming. Wouldn’t it? Prehaps political hot air is the main source of global warming; causing the financial destruction of our nations buying power, with polices of throwing ourself’s over the fiscal cliff while trying to jump higher and higher mountains of unlimited debt without looking to see how deep the hole is first. Unlimited, leads to unlimited and unrecoverable failures, by not recognizing the danger in the first place beyond those limits set already.
“Toilet bowl politics looks for unlimited ability to maintain power by compleat political idiots with the policies of “limitless possibility’s” presented as political geniuses. But true genius recognises there are limits, insane idiots don’t!” mindwarpfx