Talk of The Villages Florida - View Single Post - So Here We Are...
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Old 05-17-2011, 10:32 PM
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Default So Here We Are...

Right where some of us have said we were headed.

The United States is broke. Within weeks we'll be bankrupt and insolvent. The situation we're in can only be solved by life-changing reductions in the services our government provides and/or dramatic increases in taxes. Whether or not our elected leaders approve an increase in the amount we can borrow will make little difference. We're reaching the point in a very few months that no one will lend us any more anyway.

And what conversation do you hear echoing in the halls of Congress? Or here on this forum? Or even over coffee at Starbuck's? Is anyone talking about the trainwreck we are about to encounter? Or ways to somehow reduce it's effect?

No, our Congress isn't even in session. Their own calendar shows that they'll only meet to discuss these issues for another handful of days in May, about one-third of the working days in June and July, and then they'll take the whole month of August off on vacation.

In the meantime, the officials of the Treasury Department are doing things--like not funding pension programs for federal employees--that if executives in the private sector did them, they'd be thrown in prison. All this in an attempt to keep the country's financial ship afloat for another few weeks.

And no one is talking about it. Neither our elected representatives nor even the public is saying anything. And all the while we're facing the greatest national crisis since the beginning of World War II. The Congress is made up of people who have taken positions so opposite one another that they're not even talking. And the President doesn't mention the problem. In fact he hasn't even proposed a budget for the country.

Unbelievable!