Saturday, July 20, 2013
Just Say "NO"
Well it finally happened. It took over 50 years of Democratic Party rule to finally collapse the entire city of Detroit, Michigan. Sad. Progressives always like to spend YOUR money even when there isn't enough coming in to pay the bills. So what do they do? They borrow and borrow. Detroit municipal bond holders are going to be left holding the bag on this one. Detroit has defaulted on their promises and can no longer pay their bills.
This isn't just poor management, this is the Progressive philosophy that is so wide-spread today. This is a perfect example of what Progressives are doing to America. By Progressives, I mean BOTH political parties. Both parties have been taken-over by Progressives. Nancy Pelosi, John McCain, and Marco Rubio are great examples. The last two both claim to be "Republicans" but when you look at their actions, they are voting like DEMOCRATS.
This is one of the reasons why America is in decline. The other reason is that we have a President who wants to COLLAPSE AMERICA. He spends money we have to borrow in order to accomplish his give-away programs. That's just INSANE. He knows it, and he does it deliberately. So does his wife who spends like a drunken sailor.
So don't be surprised when you hear Obama asking Congress to bailout the city of Detroit - just like he did the banking industry. Look how that one turned out. We cannot borrow money just to help a failed city. That's not our job - it's their own fault and it's time these people faced the consequences of THEIR actions.
Action To Take
Let Congress know that you will not tolerate ANY bailouts for ANY cities. Let the bankruptcy process continue. They need to establish a new base line and that's the only way to do it.