Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Rarebird who wrote (176392)	6/29/2002 10:58:29 AM
From: mishedlo	Read Replies (1) of 436258

Debt Limit is raised. Too bad. I would have preferred default. This is my favorite piece in the article below. The Treasury Secretary said Congress should look at abolishing the debt limit, which only serves to put a question mark over the future willingness of the US government to fulfil its debt payment obligations. What an ostrich! Bill barely passed 215 to 214 Perhaps we should consider not spending more money than we take in. All those dollars in good times wasted, with little or nothing to show for it. Now in the lean times we start jacking up debt again. The sky's the limit. No debt ceiling. And REPUBLICANS were for this. Where is fiscal prudence? We are gonna blow thru $450B so fast if we go to war it will make your head spin. You heard it here first. We will be raising the debt ceiling once again within 6 months. Not sure the markets will take it too kindly the next time, which is of course the reason Oneil wants to bury his head in the sand. Dammed good impression of an ostrich if you ask me. ===================================================================== afxpress.com

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