The Debt Limit is a Cruel Joke On Us

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So right now the Senate (and the House, which voted to approve) doesn't increase the dollar amount of the debt limit - all it does is suspend enforcement of it until February 7th, when the limits are supposed to go back into place and will have to be raised. What that does in the meantime is give Obama and the Democrats a blank check to accumulate as much new debt as they want until then.


Essentially what has happened is our lawmakers have gotten away with allowing the country to rack up more debt and avoid the threat of default without actually voting for debt limit increase.

We're in to 17 trillions of dollars in debt; what I'd like to know is, what are we going to do when we're in the hundreds of trillions of dollars? What's the number after that? What happens when we are so far into debt that we can't possibly repay in hundreds of years? Because at the rate we're going, our grandkids will be right in the middle of it. Have these spineless turds in Washington even thought about that? Do you think they even care?
Peter has been active on the C# and other MS newsgroups, has had samples at gotdotnet.com (now codegallery.com) that have been downloaded over 56,000 times, and has written numerous articles for eggheadcafe.com, for which he is a co-founder, and MSDNAA sites. He has also been a technical reviewer on books from Prentice Hall, Manning and other publishers. Peter was a Microsoft MVP for 10 years. Peter was born and raised in New York City, and after a stint as a jazz musician playing contrabass with the Robert Hunt Trio, migrated to sunny Florida, where he was hired as a rookie Financial Consultant at Merrill Lynch in Orlando, specializing in Corporate Services. It was at Merrill that Peter realized computers and technology were his forte. He spent his last few years at Merrill developing real – time computerized trading and and stock charting program using advanced technical analysis indicators, some of which are his own inventions. In 1997, he moved on to architect and serve as lead developer on a number of innovative web-based and middleware solutions for the healthcare and financial services industry.

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