Monday, July 25, 2011

Failure of Leadership

SEE HERE You don't have to take sides to see it. You just have to be a student of history. The Congress of the United States is addicted to spending. Even with strong motivation for getting their house in order they can't come to the point of actually doing it. You can ask why? The answers might vary. Failure to believe that what has always been done in the past can't just be done again, might be one answer. Another, the more conspiratorial answer, might be that the left is trying to take down the economy in anticipation of being given unprecedented power to "save the country" which would give them carte blanche to impose draconian change. Or maybe it is just total stupidity. Whatever it is, the prognosis is not very good. The current trends cannot continue for all that much longer without hitting the tipping point of unsustainability. One problem is that only one side seems to want to be adults about this. The other side simply plays politics as usual. This is a much told story. The left is quite expert at the blame game. It is almost their only game. The problem the right has is that it doesn't seem to have a counter to it. But if some adults don't step up soon we'll see just another round of incremental financial irresponsibility and the system will be that much closer to collapse. Depressing really! STAND FIRM

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