Self-Inflicted Wound: Day 7

It’s Monday October 7, 2013, many morning news stations are all a buzz about how a 9 year boy slipped by TSA, boarded a flight and flew to Las Vegas; or maybe two American military covert anti-terrorist actions in Libya and Somalia; or the horrific Grand Prix racing accident or perhaps even Miley Cyrus’s lauded Saturday Night Live performance.  While all these stories are of great interest, they are all mere distractions from what’s troubling more than just a few Americans.  

Furloughed government workers protest outside
the office of Sen Ted Cruz R-TX                  AP

In the mind of many Americans, it is “The Shutdown” of the federal government, now in effect for 7 days.  Additionally, and perhaps more potentially devastating, we’re approximately 10 days away from a critical collapse should congress fail to raise the debt ceiling. 

The shutdown was intentionally orchestrated by disgruntled Republican congressmen in an effort to cripple the Affordable Care Act, a program already voted into law. Why is every Senator and congressmen not working to support the successful roll-out of this program?

House Speaker Boehner appeared on ABC’s "This Week" with George Stephanopoulos on Sunday

House Speaker Boehner

morning.  Speaker Boehner agreed that the risks of failing to raise the debt ceiling would be “catastrophic,” leading credit markets to freeze, the dollar to lose its value, and interest rates to skyrocket. Conservatively speaking, this would potentially develop into the worst financial crisis in the history of man.  Speaker Boehner insisted that “the President is putting the nation at risk by his refusal to have a conversation.”

President Obama in a news conference recorded at FEMA, continues to honorably stand his ground.  He states he is willing to sit down with any Republicans but cannot sit down "under threat."  I agree with the President and find his behavior more than respectable.

Mr. Speaker, you’re wrong.  It is not the President that has created this mess.  It is not the President who intentionally shut down the government (partial or not).  And it is not the President who is within 10 days of a financial disaster worse than the Lehman Brothers collapse.  And should the government’s shutdown, result in the debt ceiling not being raised and America forfeits on the payment of it’s debt, President Barack Obama will not be held responsible.  As an American citizen, I for one will view John Boehner, Ted Cruz and select members of the Republican Party as responsible for this self-inflicted wound.
   

It's time Americans take control over the
manner our congress conducts business.  

I ultimately view our entire congressional body accountable for this manufactured fiasco.

It’s time the American People take control over the manner in which our congress conducts business.

Wall Street is showing concerns as at the time of this article, the Dow has dropped 115 points.  Whether we are feeling it or not, every citizen that owns stock or has a 401K is being negatively affected.

Warren Buffett suggests that playing with the national debt ceiling is like playing with a nuclear bomb.  That using the debt ceiling as a leverage tool should be strictly forbidden.  I am inclined to agree with Mr. Buffett.  As America’s economy is the backbone of the economy of Planet Earth, it is to critical to play with.  

Economic experts around the globe are all indicating, if the shutdown is not resolved by the end of this week and the debt ceiling is not raised, global reactions will be unavoidable and it won’t be pleasant.

Mr. Speaker, would you have the American citizenry follow your lead and not pay their bills?  The average citizen would be held criminally liable.  I believe if this nonsense continues, congress should be held criminally liable too.

I'm not hatin, I'm jus sayin...