Our Debt Ceiling

This morning I read this NY Times story talking about the upcoming conversation in Washington about our debt as a nation. http://www.nytimes.com/2011/04/10/us/politics/10debt.html?_r=1&nl=todaysheadlines&emc=tha2

If you’ve been reading this blog for any amount of time then you know that one of my current goals is the eradication of global debt.

We have all heard the definition of sanity (over and again) as:  Doing the same thing over again expecting different results.  By this definition – the behavior concerning our financial crisis in Washington is insanity.

So we need a revolution of thought to cure their insanity.  Or we need to start treating the corporate politicians as though they are mental patients.  One of those two options should start getting us in the right direction.

As this conversation in Washington continues, we should consider the option of debt eradication and a “global systems reboot” and the implications that it might have on the status quo thinking on Wall Street and the Capitol.

Instead, the politicians have started the conversation with talk of increasing the debt ceiling.  It’s the same old crazy!

Update 4-11-11:  NY Times reported today that President Obama would like to see debt reduced.  That’s a step, but the article as a whole mostly criticizes his swiftness in leadership.  He hasn’t really acted to solve the budget dilemmas so he should probably kick himself into high gear.

http://www.nytimes.com/2011/04/11/us/politics/11deficit.html?pagewanted=2&_r=1&nl=todaysheadlines&emc=tha2

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