5 strange things about the debt ceiling

5 strange things about the debt ceiling

There are 2 comments on the KMIZ story from Sep 24, 2013, titled 5 strange things about the debt ceiling. In it, KMIZ reports that:

It's a recurring nightmare. The ceiling is slowly closing in on you, and there is no way you can stop it.

Join the discussion below, or Read more at KMIZ.

Level 1

Since: Mar 08

Buffalo, NY

#1 Sep 25, 2013
The debt ceiling is just like the standard of education in this country. When government can't stop spending money like a drunk sailor in a whorehouse they just crank out more money. Same with education - when the students get to be dumber than houseplants, government lowers the bar to make them seem smart.

“"*" Always Thinking "*"”

Level 8

Since: Nov 12

Greensburg, IN

#2 Sep 26, 2013
Full Story: KMIZ .. good article ..
Quote from the article:
"There's no question that a shutdown is coming, whether we do it today or whether we do it in 20 years," said then-Rep. Tim Scott, a South Carolina Republican.
Congress certainly has a burden over it's head but if something is not done to slow down the spending to within budget the sky will soon fall just like it did for Lehman Bros, and government is on the same path. The debt ceiling is raised-the Fed prints more money-inflation sky rockets-what goes up must come down-money won't be worth the paper it's printed on-so long America!!!

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