Friday, December 25, 2009

Thank you very much for the extension of credit...

On Christmas Eve, Congress  increased the legal debt limit by $290 Billion.  In other words, they have reached the credit limit $12.1 Trillion) they set for themselves and have granted themselves an increase.  This will keep the Federal Government going through the end of January.  This means that every man, woman and child in the US (Pop. approx 310 million people) share of that increase (209 Billion/310 Million) is approx. $1,000 (a little interest factored in)...They thank you in advance for the loan...


  1. I think this whole thing is terribly irresponsible on Congress's part.

    How long have we been in the Middle East?


  2. Westin...the question at this point is not how long we have been there (can debate the merits of that), but how long are we going to be there from now until...??? The committment is going to be very long term, from what I can tell. We are still in Europe (any REAL reason to be there?), in Korea, Japan, etc...Seems our foreign policy is "you break it you buy it"...Thanks for the comment!!

    Mr Hayward


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