Join | Login

Authors 
 Books 
 Stories 
 Articles 
 Poetry 
 News 
 Events 

  Home > Mainstream > Articles > GOVERNMENT DEBT FIASCO
Popular
Mainstream Articles
  1. GOD BLESS THE @#%^ CORPORATIONS!
  2. Too Big to Fail
  3. Here We Go Again
  4. Notebook on: Michael Brown, Kajieme Powell
  5. Full Circle
  6. Published June OM-Times
  7. A Jewish Boycott
  8. A Writer's Journey to Selma-Alabama
  9. Dare to Demand Your Share of the Wealth
  10. What Your Writings Mean to Me
  11. Author, Eva Pasco’s “Moment” in TIME
  12. Dear Immigrant: Be a taxpayer, Become a Fr
  13. A Purpose Driven Life
  14. HOW DO YOU SPELL - CRAP?
  15. Published September OM times
  16. IS IT TRUE?
  17. Published October OM Times
  18. Boston Bomber Family
  19. ASK NOT ...
  20. ILLEGAL ALIENS::::Jan Brewer Good Decision


Featured Book
For Better or Worse
by Mark Lichterman

Through seven years as two familiar young people become an adult man and woman, a husband and wife and, eventually, responsible parents...  
BookAds by Silver
Gold and Platinum Members

Popular: Books, Stories, Articles, Poetry

More articles by
Esteban Pina


GAS PRICES

Real estate circus

Shaping self identity

Fidel Castro steps down

Economy victims

         more...
GOVERNMENT DEBT FIASCO
By Esteban Pina   

Share    Print  Save   Author Tracker

Government spending hits the ceiling.

Since there's so much wheeling and dealing in politics I normally don't bother writing about it. The headlines today force me to mention a situation taking place in Washington. It seems our government has hit the proverbial debt ceiling. In simple terms, the U.S. is broke, can you believe that?

The rhetoric flowing between President Obama and Republicans is truly bizarre. The part that caused me to leap to my computer was the threat to stop Social Security and Military pay checks in August. At first I thought I heard wrong but after speaking to fellow retirees, I was convinced. It seems President Obama announced this before walking out of a meeting. Can you imagine the chaos if this were to occur. In my case the rent, car, insurance, phone, electric etc. would not be paid since I rely on that Social Security check every month. The news of this occurring has set off a chain reaction of panicked retirees. A lot of people are under the impression retired people have at least half-a-million bucks tucked away. That belief may apply to a small percent of the population but reality is the majority will suffer if this happens. I also fear some may do something drastic once the month of August nears without some positive news from our government.

The only one cheering will be the banks. They'll have a field day adding charges due to bouncing checks. Unpaid accounts will also profit from late fees. So what's the answer? As the song says, "The answer my friend is blowing in the wind." When will the answer enter some politician's ears is anyone's guess.

The ironic kick in the pants of all this is that soon after listening to more news reports on the debt problem, another report details how the U.S. is holding 800 million dollars scheduled for Pakistan and get this, the sum reflects only a part of several payments to this alien country. After hearing this, I did a little research and lo and behold learned our government makes it a practice of sending millions to countries all over the world, some of which hate our guts. I was shocked. The government has billions to give away and is now threatening its very own citizens with poverty. What gives? Am I missing something?

Going back to the bickering in question, who's kidding who? From where I sit, I see a bunch of politicians attempting to profit from a situation due to approaching elections. Deep down I hope somebody comes to his or her senses before August arrives. 

 



Click here to post or read comments.


Recent articles by this author.     All articles by this author
  • GAS PRICES (Tuesday, March 08, 2011)
  • Real estate circus (Saturday, February 21, 2009)
  • Shaping self identity (Saturday, February 23, 2008)
  • Fidel Castro steps down (Wednesday, February 20, 2008)
  • Economy victims (Monday, February 18, 2008)




  • Galveston, 1900 Indignities, The Atonement by N Brown

    Encountering danger, romance, heartache and tragedy, Catherine Merit strives to fit into a world filled with prejudice, hatred and violence where she is forced to kill a man in ord..  
    Featured BookAds by Silver
    Gold and Platinum Members


    Ring of Stone by Hugh McCracken

    Ring of Stone was an EPPIE2003 finalist for best Action/Adventure novel...  
    Featured BookAds by Silver
    Gold and Platinum Members


    Money how to get it, spend it, make it, etc. by Tuchy (Carl) Palmieri

    A book of wit, wisdom, and what not, as it relates to money and the true meaning wealth. it consists of some of the best thoughts and words on the subject of money. It highlights ..  
    Featured BookAds by Silver
    Gold and Platinum Members


    Authors alphabetically: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

    Featured Authors | New to AuthorsDen? | Add AuthorsDen to your Site
    Share AD with your friends | Need Help? | About us


    Problem with this page?   Report it to AuthorsDen
    © AuthorsDen, Inc. All rights reserved.