Step right up, and don't be shy
'Cause you will not believe your eyes
--The Tubes
Predictably, our Big Government leaders cobbled together an 11th hour debt limit plan last night. Like so many of the preceeding 'crisis' acts, we have no actual bill to read. Like the health care legislation, odds are that many in Congress will vote on the bill without having read it.
Another round of smoke and mirrors.
There is still an outside chance that the thing fails. Big Government Democrats need to convince those who wanted tax increases. Big Government Republicans need to convince Tea Party types who wanted a balanced budget amendment.
Would be wonderful if both these groups dissented enough to sink this thing.
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1 comment:
Perhaps the debt ceiling should be renamed the "national debt target," for it seems Washington is always trying to reach it. One could say it's their only reliable, time-tested achievement. And without fail, upon reaching their national debt target, they promptly extend it further in order to discover how quickly it can once again be attained!
~Peter Schiff
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