Ready for another debt fight?May 18, 2012 @ 9:09 am (Updated: 7:10 am - 5/20/12 )
A number of Republicans, including Speaker John Boehner are now talking about starting ANOTHER debt ceiling debate:
"People are looking at me like you're going to bludgeon someone. All I'm suggesting is it is time for us to talk about this."
And candidate Romney agrees -- because otherwise:
"We will find ourself becoming Greece somewhere down the road."
But how to send a message that this time it's serious. That this time the Republicans mean it?
Just to brainstorm here, what about doing what Mr. Romney recommended back in 2008 when General Motors was getting that controversial bail-out?
"I know there's a frequent thought that when you hear the word bankruptcy that means going out of business. Just the opposite is what I'm calling for. Help them get rid of the excess costs so they can stay in business," said Romney.
What about national bankruptcy? And before everybody overreacts, as Romney explained in the GM case, that DOESN'T mean the nation would shut down.
"Get rid of the excess labor costs. The excess retiree costs. The retiree costs," said Romney.
You could start from zero. Reorganize the military, reorganize pensions, reorganize Social Security.
Instead burdening our children, our children can support us in our old age by writing us checks directly.
Instead of cutting the military 10 per cent, cut itself in half, and let our allies defend themselves. Let the oil industry defend its own shipping lanes.
Instead of insuring banks and their dumb investment decision, DEPOSITOR beware. If the bank gamble with our savings and loses -- well, that's why you always keep little gold in the basement.
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