Every week I take a few minutes and vent my frustrations to our readers. This week is strictly about out politicians. Is there really any difference between a Republican or a Democrat? These parties seem to be one in the same. They are spending addicts and unfortunately spending other peoples money such as the U.S. taxpayers. Many will argue that this current administration is on a spending spree and really does not know any other way. While this certainly seems to be true this current administration just seems to have taken over from where the last one left off. Has anyone looked at the U.S. debt clock lately? The U.S. debt is now $13.35 trillion. Yes, that is a trillion with a ‘T’. The United States gross domestic product is only $14.48 trillion and seventy percent of that is consumer spending. Are you kidding me?
Personally, I could not run my household on my credit cards. Eventually, the banks would shut my credit limits off once I could no longer pay my bills on time. When does this blank check by the U.S. government stop. These politicians on both sides of the aisle are absolutely reckless when it comes to spending. The only politician that has voiced a true concern about spending is Ron Paul the Texas Republican. I really don’t even think that his own party even likes him. Honestly, he is really the only politician that seems to make any sense. These other politicians talk about capitalism and then they are voting in favor of bailing out another failing business or institution. Has anyone looked looked at Fannie Mae or Freddie Mac lately? These failing institutions are killing America. However, the politicians will vote in the evening on a Christmas Eve to lift the debt ceilings on these financial institutions. Come on give me a break.
Often during the Intra-day Stock chat I will talk about things that I have observed or noticed during the week. Recently I was in a book store looking around and noticed a section in the book store entirely devoted to serial killers. I was shocked that they had a huge section of books written about these criminals and decided to walk through the area. As I walked through the aisle the serial killer section ended and the politician section began. I could not believe my eyes that these two groups shared the same aisle in the book store. That is scary.
Come on politicians get it together. Use your heads and stop enjoying all the perks you get from the lobbyists and special interest groups. Our country is falling apart at the seams. America can still be a great nation. However, due to the politicians we are just piling the debt and getting deeper in the hole. Don’t you know the U.S. is in debt up to our necks? The people have had enough. That is my two cents.