As I was preparing to blog today, I was looking up hot topics. I was sure all the trending topics would involve the impending deadline that the nation is facing. After all, everyone is talking, blogging, facebooking, and tweeting about it. Most all of us will be strongly impacted by what ever the ruling is. That is unless you are among the very wealthy. But I was wrong. According to online trends, the only topics that are trending are all about the NFL and all the trades that have taken place in the last 24 hours. Now, I am a huge sports fan and in future blogs, I will probably include a lot of sports content. But today is not the day. I was really almost sick when I saw the cover of the NY post. On the cover it depicted shirtless NY Jets receiver Santanio Holmes downing a bottle of Crystal champagne. He was celebrating his 50 million dollar contract that he just signed. So what who cares. He is among the few who will not be impacted by what's going on in Washington.
The rest of us could be literally screwed if the Nation's present AAA credit rating is downgraded. Those of us who have been trying to spend responsively since the economy shit the bed in 2008 could be in big trouble. We will end up paying for Washington's carelessness. For most of this century, Americans spent well beyond their means. They purchased the life they wanted on credit always intending to pay it back later. Once the economy collapsed after all the bets Wall Street made didn't pay off, we as Americans started spending more wisely. To our credit, we started living within our means.
Americans started honoring their obligations and paying down their debts. We did what we were supposed to do. Now we are hearing that Washington may blow off paying their debts down. How is this possible? But guess what folks it is possible! And if it happens, we are the people that are going to end up suffering for it. But thank God NFL players won't suffer, right folks?
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