The Circular Financial Firing Squad
In February of 2010 the circular financial firing squad known as congress approved a $1.9 trillion increase in federal credit card spending. This raised the federal debt spending limit from an already astronomically high $12.4 trillion to a new galactic high of $14.3 trillion. Guess what? In just over a year they have exceeded the new federal credit card spending limit and will have to vote to raise it again. Think about it. Nearly two trillion dollars of new federal debt strapped like a financial suicide time bomb on to each and every one of our kids and grandkids!
For some historical prospective on the financial insanity of congress consider the following facts: In January of 2000 the national credit card spending limit was $5.9 trillion; in January 2005 it was $8.1 trillion; in January of 2010 it was 12.4 trillion; and now it has exceeded $14 trillion.
Wake up America! Let congress know in no uncertain terms that the only acceptable answer to raising the federal debt ceiling is “NO”!

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