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Debt Ceiling Deal: DC Wins, Americans Lose

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October 21, 2013

by Ron Paul

Washington, DC, Wall Street, and central bankers around the world rejoiced this week as Congress came to an agreement to end the government shutdown and lift the debt ceiling. The latest spending-and-debt deal was negotiated by Congressional leaders behind closed doors, and was rushed through Congress before most members had time to read it. Now that the bill is passed, we can see that it is a victory for the political class and special interests, but a defeat for the American people.

Full article here

 

Discussion
12 Comments
    Oct 21, 2013 21:04 PM

    Here’s a story that’s enough to make you never want to vote again, but you really need to read it, even if it makes you angry. Members of Congress routinely use a form of political action committees to convert campaign cash into lavish lifestyle upgrades for themselves and their family members. Given their lengthy history for corruption this end run around the campaign finance laws should come as no surprise. But, it begs one question, why should we support either party after this?

    http://www.cbsnews.com/8301-18560_162-57608255/washingtons-open-secret-profitable-pacs/

    http://www.cbsnews.com/video/watch/?id=50157523n

      Oct 21, 2013 21:43 PM

      Not sure Listener, you tell me!

    Oct 21, 2013 21:05 PM

    Here’s a story that’s enough to make you never want to vote again, but you really need to read it, even if it makes you angry. Members of Congress routinely use a form of political action committees to convert campaign cash into lavish lifestyle upgrades for themselves and their family members. Given their lengthy history for corruption this end run around the campaign finance laws should come as no surprise. But, it begs one question, why should we support either party after this?

    http://www.cbsnews.com/8301-18560_162-57608255/washingtons-open-secret-profitable-pacs/

      Oct 21, 2013 21:25 PM

      why should we support either party after this?

      We should not. That’s why I hope a serious 3rd party comes into play (and I am not talking about the tea party).

      Oct 21, 2013 21:29 PM

      Very interesting video! Shameful indeed.

    Oct 21, 2013 21:11 PM

    Off topic:

    Canada’s top entrepreneurial cities:
    https://twitter.com/cfibAB/status/392407691483549696/photo/1/large

    Anybody know why Kelowna, BC would be booming? Is it tourism and boomer retirees buying homes?

    Oct 21, 2013 21:31 PM

    Jessie V. and Howard S. – 2016 ticket ha!
    http://www.youtube.com/watch?v=IjU2LtVGxN0

    ” Published on 4 Oct 2013
    “Abby Martin speaks with former Minnesota Governor Jesse Ventura, about his new book ‘ They Killed our President’, going over the most compelling reasons why he thinks the assassination of JFK was a conspiracy, Bin Laden’s death, and his potential presidential run in 2016 with Howard Stern.”

    Oct 21, 2013 21:31 PM

    Its all about personal and political interests. What happened to “We The People?”?

      Oct 21, 2013 21:44 PM

      By the wayside for the time Pibe

    WE THE PEOPLE….has not been around since 1837