Showing posts with label Congress. Show all posts
Showing posts with label Congress. Show all posts

Thursday, July 28, 2011

The Debt Crisis


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?

Tuesday, July 26, 2011

Another Congressman Bites The Dust


Just weeks after Weiner, another Congressman is involved in a sexual scandal. Representative David Wu, a 56 year old Congressman from Oregon is resigning. This is more disturbing than Weiner's. It involves a 18 year old female who is a friend of the Wu family. Wu released a statement sighting the reason for his resignation. He said he wants to protect the young woman and does not wish to bring attention or publicity to the young woman and her family. He is being accused of aggressive and unwanted sexual behavior. Wu asserts that anything that happened was consensual but he is leaving office to protect his kids as well.

The saddest thing about this whole scenario is that David Wu has primary custody of his children. He has been separated from his wife since 2009. He was awarded custody because his wife has documented addiction issues that have caused her to spend time in rehab. Wu is not without his own demons. He has reportedly suffered from mental issues that required prescription medicine and therapy.

In light of all these political scandals lately we have all been talking about the scorned wife. First it was Maria Schriver and then Anthony Weiner's wife. They have both garnered a lot of sympathy from the Nation. Well in this scandal, I think its appropriate to have a lot of sympathy for these poor kids. They are obviously suffering.