Tuesday, October 15, 2013
Will The United States Government Pay Its Bills Or Go Into Default?
It's a shame that the United States government is fighting like a bunch of little whining brats. The GOP is trying to hold America hostage because they don't agree with Obama care and raising the debt limit. The Democrats are standing their ground and not are not yielding to the Republicans. So basically no one wins. Not the United States Government or the American people. The United States Treasury Department says the United States Government won't be able to pay their bills past October 17th, if Congress does not raise the $16.7 trillion debt ceiling by then. Government does not come to an agreement to raise the debt ceiling and they go into default it is going to send the world a message. That the United States is not the world power any more. Just like China's Xinhua stated, that it is about time for a “DE-Americanized world.” I am not surprised by that statement because China's is the biggest holder of America's debt. What really gets me is that the United States Government may or may not pay its bills. Sending America into a collapse that we will never recovery from. How dare they!