Thursday, January 3, 2013
'Cut Washington's Credit Card' -- An Open Letter to SENATOR Ted Cruz
Greetings Senator Cruz,
First things first, it's good to finally call you Senator; I look forward to seeing you next week in Austin.
I wish we could give you some time to settle in, but America's deteriorating finances make that impossible.
In the next few weeks, Obama is going to ask for yet another debt ceiling increase. Just say no. The time has come to cut-up Washington's credit cards.
The debt ceiling is our only point of leverage. Don't raise it. The time has come to cut-up Washington's credit cards.
Refusing to hike the debt ceiling is the only way to force Washington to cut spending. The ususal suspects will bitch and moan, but so what?!? The time has come to cut-up Washington's credit cards.
$16 trillion in debt is enough. A debt to GDP ratio north of 100% is enough. Enough is enough; the time has come to cut-up Washington's credit card.
When the next debt ceiling fight comes up, don't raise it. Exploit your leverage. The time has come to cut up Washington's credit card!!!
January 3, 2013