Tuesday, July 19, 2011

Let’s Raise the Debt Limit...

So we can dig ourselves deeper in debt
So we can continue to fight Hillary’s war in Libya
So we can stay in Iraq and Afghanistan
So we can borrow more money from China (and deter them from selling U.S. debt)

With a higher debt limit we can maintain China’s confidence in U.S. debt while...

We complain about China’s cyberspace attacks on America
We complain about China’s military buildup
We complain about China’s record on human rights
We complain about Chinese counterfeiting of U.S. products
We complain about China’s overvalued currency and other unfair practices
We complain about China having leverage over U.S. policy because it holds so much U.S. debt

Can you understand the logic of this arrangement?

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