More a part deux to my previous post on "Headlines", I have read this morning that the US finally did it....we 'hit' the proverbial debt ceiling. What is it you ask? Well, I had no idea either and had to read the CNN Money article. What I read disturbed me so much that I am writing this morning, stone cold sober and no Sambuca (an entry for another day).
It would seem the "debt ceiling" is really a lesson in politics and the Legislative Branch of the US Government, at which point many of us turn off and read no further. I read further this morning finally. Back in 1917, after roughly 140 years, the congress passed a debt ceiling law that allowed the US to borrow, go into debt, up to a certain amount so that Congress did not have to sign off for every single dollar that was borrowed to run the government. The debt ceiling at that time, according to the article, was $11.5 Billion. Today, it is apparently set at $14.294 trillion. Yeah, and we are supposedly going further under EACH MONTH by like $118 BILLION.
The interest alone on that kind of debt has to be bigger than I can wrap my mind around....just the interest. Our great country is so used to the teat of the government, we are drowning in indulgence and have all but stopped working to create things. Well, there are still a few who create things.
Now, the curious thing about the article is the Chicken Little effect, you know, "The Sky is falling!" fears. Because of that fear alone emanating out of that article, I am less moved and will instead just watch my own $$, not indulge in debt if at all possible, and go make breakfast for my son.
Here's the link if you would like to read through it:
http://money.cnn.com/2011/05/16/news/economy/debt_ceiling_deadline/index.htm?hpt=T2
Monday, May 16, 2011
Monday, May 2, 2011
Headlines May 2, 2011
Headlines are a funny thing. One goes to sleep peacefully, and awakens to an array of changes so that nothing will ever be the same as the night before the sleep. The headlines today cause such a mixed feeling in me that I cannot "enjoy" them as everyone on my Facebook page appears to be. It all began with a conversation with a dad economist about ice skating a couple of years ago, and ventured into the arena of global economics and even a little paranoia which, after living in it for many years, I will not willingly venture headlong into again, regardless of its truth or veracity. Personal reasons and survival.
Ok, the gist of all of this would be the headlines (CNN was my fist induction) this morning May 2, 2011, whereby Americans everywhere appear to be rejoicing in the streets at the report of the death and burial at sea of the notorious mass murderer ... Not Harry Potter’s Uncle “Serious Black”, but Osama Bin Laden. I have yet to read a single article because I recall when the headlines read that Palestine was rejoicing in the streets at the news of the deaths of so many Americans on September 11, 2001. Death may be necessary, but death by public and political event is never a celebration time in my mind.
And below that huge, and I mean 48 font huge headline, shows a smaller headline, "Debt Ceiling Fight is Here." THAT one stopped me in my tracks. The economist used that exact language almost a year ago when, after telling me his view of global life and processes, I suggested he make some predictions and I would be more on board if a substantial percent were to manifest. I’m skeptical that way. The morning of May 2, 2011 is the full and complete manifestation of one of those "predictions" a while back...debt ceilings, global monetary funds, global money... and numerous other events he saw as a direct result of our actions at the time. He was quite matter-of –fact about it actually. And of course his explanation of the numerous and previous Osama headlines as a manipulator in the minds of the uninformed masses still rings in my head. Sounds a bit too Ayn Rand-ish, but that is the best explanation I can muster.
We give our power and free choice away willingly when we live in the debt arena. We are giving our power away every day and calling it reality. I struggle everyday with it.
I still won't venture into that paranoia place, but seriously, the dude was on the money! Well, that and #1 ex called. Just too weird. This ostrich is going to put her proverbial head in the sand to get the jobs of the day done, join a “Run Mom, Run” club, enjoy the sunshine. No one has found a way to charge for that... yet.
Ok, the gist of all of this would be the headlines (CNN was my fist induction) this morning May 2, 2011, whereby Americans everywhere appear to be rejoicing in the streets at the report of the death and burial at sea of the notorious mass murderer ... Not Harry Potter’s Uncle “Serious Black”, but Osama Bin Laden. I have yet to read a single article because I recall when the headlines read that Palestine was rejoicing in the streets at the news of the deaths of so many Americans on September 11, 2001. Death may be necessary, but death by public and political event is never a celebration time in my mind.
And below that huge, and I mean 48 font huge headline, shows a smaller headline, "Debt Ceiling Fight is Here." THAT one stopped me in my tracks. The economist used that exact language almost a year ago when, after telling me his view of global life and processes, I suggested he make some predictions and I would be more on board if a substantial percent were to manifest. I’m skeptical that way. The morning of May 2, 2011 is the full and complete manifestation of one of those "predictions" a while back...debt ceilings, global monetary funds, global money... and numerous other events he saw as a direct result of our actions at the time. He was quite matter-of –fact about it actually. And of course his explanation of the numerous and previous Osama headlines as a manipulator in the minds of the uninformed masses still rings in my head. Sounds a bit too Ayn Rand-ish, but that is the best explanation I can muster.
We give our power and free choice away willingly when we live in the debt arena. We are giving our power away every day and calling it reality. I struggle everyday with it.
I still won't venture into that paranoia place, but seriously, the dude was on the money! Well, that and #1 ex called. Just too weird. This ostrich is going to put her proverbial head in the sand to get the jobs of the day done, join a “Run Mom, Run” club, enjoy the sunshine. No one has found a way to charge for that... yet.
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