Sunday, August 7, 2011

See what happens when you don't eat your peas?





First US politicians dither over the debt ceiling, ignoring the rest of us who depend on them playing nicely.

Then they agree to raise the debt ceiling but do very little to reduce their gratuitous spending... like cutting their too big to win military.

Then their credit rating is reduced by Standard and Poors, true AA+ but its downward.

What next?

Likely rising interest rates, reduced government services.

This cannot end well.

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