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Tell It Like It Is


Why Should We Pay Washington’s Bills?




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Thomas Segel is responsible for this content, which is not edited by the Wilson County News or wilsoncountynews.com.

January 16, 2011 | 1591 views | Post a comment

Harlingen, Texas, January 16, 2011: This past week the American media told me that my share of the national debt was $45,300. I must add in another $45,300 for my wife for a total and $90,600 our elected representatives have charged to my national credit card without my permission. To make it even worse these same political pirates stole another $226,500 by running up that much credit theft in the name of my son, daughter-in-law and grandchildren.

They have done this to an extended family that buys nothing on credit, meets its financial obligations in a timely manner and pays all required taxes, most of which are in government hands well in advance of the required due dates.

None of us can recall giving anyone permission to lift more than $317,000 from our pocketbooks and it is a certainty we never received 317K worth of benefit when the money was spend. Well, they bailed out AIG...we don’t have any of those financial products. They bailed out General Motors. My son and I drive Ford products. They saved Wall Street and some banks. That may have protected the few shares of stock I own and some savings, but all combined are far removed from that 317 K they say we now have an obligation to pay.

Now we have all those forecasts of doom, should Congress fail to raise the national debt ceiling. We will all crash and burn if we don’t have the money to pay our debts. Well, I don’t recall ever being asked if I wanted our elected leadership to run up such an unfunded tally. From this vantage point it appears the primary purpose behind all this spending by the Washington D. C. gang has only been their self-interest and advancement. They spent decades doing one thing... buying their own reelections with other people’s borrowed money.

The debate over raising the debt ceiling is starting to heat up now, but it is a debt our children and grandchildren will be forced to endure. It might be a good time to insist, regardless of party affiliation that your representative and your senators attach something meaningful to any planned bill to increase our national debt. It would be a very good idea to also insist that same legislation required a permanent balanced budget. Along with such legislation, it might be a good idea to write a balanced budget requirement as a Constitutional amendment. That is something that has worked well for the State of Texas, which is admittedly much better off than most of the nation.

There has been a lot of dialog of late about us having a Congress that spent money like a drunken sailor on a Saturday night. I received an email from a friend who was strongly offended by that remark. He said, “I really resent having Congress compared to a drunken sailor. I was a drunken sailor who spent a lot of money on Saturday nights. But there was a big difference between Congress and me. When I ran out of money.... I stopped spending.”

Semper Fidelis
 
« Previous Blog Entry (January 10, 2011)
 


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