Thursday, July 21, 2011

Raising the Roof(ceiling)...

We have been hearing about this Debt Ceiling issue for sometime but nevermore has it made such a big impact to our country as it does now. Our economy is shaky and unemployment is at 9%. The DEMS and the GOP are fighting back and forth on issues of unemployment, taxes, and our nation's debt. Raising the Debt Ceiling will allow us to borrow more money to pay the nation's obligations like Social Security and other government responsibilities. As of right now America has AAA credit and only pays 3% interest.
Republicans want to keep the debt low and feels that Washington is spending too much money. There are 3 DEMS and 3 GOP, called The Gang of 6, that are trying to come to a compromise for the debt solution. If the Debt Ceiling isn't raised by Aug. 1 all payouts will go into default and many seniors will not get their SS checks.

For some time we have been hearing about the New World Order and how it's going to make a change in the world. One money, one, government, one religion. Other countries have gone bankrupt because they couldn't pay their debts and revenue wasn't increasing for their country.

Is Bankruptcy the first step in the New World Order agenda?

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