Posts Tagged ‘ solution to national debt ’

FORECLOSING ON THE US GOVERNMENT

Dec 6th, 2011 | By Dr Jerry D Elrod | Category: Senior Moments Blog

Maybe the best strategy for dealing with the “mess” in Washington is to declare bankruptcy. We own it. It is ours. Our trustees, the so called Congress of the United States, have messed with, tinkered with, obliterated all reason over a solution to our debt situation. In the worst of worlds, when that happens, ordinarily bankruptcy is the last option. It appears we are right on that line.

Businesses and individuals have faced and had to cave in to this last option. Why not the government? Sure it will create despair and panic, heartache and trouble. Certainly it is not a desirable approach, particularly for all of us who will be most affected by it. But the infection is in the blood stream. It is