So, we keep hearing that if we don’t raise the debt ceiling above $14.3 Trillion – then the country defaults on all of our loans and we won’t be able to pay for any of the spending already authorized by Congress…and we have Geithner out there now saying that if we default – then the GOP is to blame.

What kind of bullshit is that?

1 – While the GOP would shoulder some of the blame – almost all of the blame lies on the shoulders of the Democrats.  They held the majority since 2007 and had a supermajority for 2 years.  In the last 2 years – Obama has increased our debts and deficit more than any previous president.  In just those two years – his spending totals MORE than all presidents in history.

The GOP is only partly to blame because they have followed right along with the tax and spend Democrats since the early 1900′s.  No Republican has ever done anything significant to reduce our spending or our debts.

2 – If Congress doesn’t raise the debt ceiling – then the Fed will have to pump in more dollars – this would actually give the U.S. an extra 2 months before we actually do default on any loans.

With these things in mind – what the fuck, man?  So, if the debt ceiling isn’t raised that means that the U.S. cannot borrow any more money from other countries in order to pay for spending authorized by Congress.  That doesn’t mean we default.  That is a red herring.  We only default if we don’t actually pay our debts.

As a kid, my father always said – if you’re stupid enough to get yourself in debt – you pay your debts before you pay yourself. Once you pay your debts then you can pay yourself.

This is really simple financial planning.

A.) How much income do you have coming in?

B.) What needs do you have? (Food, shelter, clothing, heat, water, utilities, etc.)

C.) How much do you need to save for emergencies? (Reserves)

D.) Is there anything left over?

If you have any left over then you can use it as discretionary income to have fun with and buy those “wants” or use credit – and budget the remaining left over towards paying on that credit.

Simple – your budget is balanced – Income & Liabilities = 0

So, here is what our politicians are faced with – we have out of this fucking world spending programs and a shitload of stuff we don’t need to be spending on (foreign aide, cradle-to-grave entitlements, redundant government agencies, and agencies that usurp states’ rights).  I have a very simple solution to this.

Don’t raise the debt ceiling – in other words – don’t borrow another damned penny from anybody

Make the debt payment

Find areas in the current spending and just cut that department/spending/entitlement – and use that to pay the debt.  Whatever is left over – then you pay for those services.

Put in a balanced budget amendment that forces the government to balance to “0″ every year – eliminate the debt altogether

Put a budget in place that SIGNIFICANTLY reduces spending and the size of government.

Put a cap on government spending – equal to the amount of incoming tax revenue each year

So – in other words – how much does the government have coming in from taxes, then budget to the revenue only.  No debt, no borrowing, no more deficit spending.  In fact – the balanced budget amendment needs to place a ban on deficit spending.  Those of us in the real world have to do it – we need to make these idiot politicians accountable and hold their feet to the fire.

Finally – get rid of all the damned liberals.  They have destroyed this country – that includes RINOs.  It is time we get back to the values that made this country great – values that says every person in this country has the ability to succeed on their own merits.  If a person succeeds – they should not be punished by the government for their success, nor should they be vilified for being successful.  Government needs to be reigned in and held to the constitutional limits placed on them.  This government was created with a notion they would stay out of the way of business and individual liberties – and create rules and regulations that would allow individuals to be creative and pursue their own path to happiness.

I am not anti-government.  I am only asking for the government that our founders gave us – a representative republic with a very limited federal government.