Saturday, February 5, 2011

Vote NO on Debt Ceiling Increase

Vote NO on Debt Ceiling Increase

Dear Randy,


The Federal Reserve is already publicly committed to print some $75 billion a month to service massive federal budget deficits and allow the federal establishment's unchecked expansion to continue.

This massive subsidy to rampant federal spending was never voted upon by Congress or the American people – at least $600 billion in new money is being printed and given to the insolvent federal government – completely beyond the control of democratic processes that define a free America and further destroying the value of every dollar you earn, spend, save, or invest.

The only way to put a stop to this insanity is for Congress to REFUSE to raise the debt limit.
Randy, I know that Members of Congress who think like you and I do are being derided as "The Shutdown Caucus", but if Republicans cave in and join with the Democrats to raise America's debt ceiling above the already staggering current limit of $14.3 trillion, Obamacare will be funded, the bailouts will continue, and out-of-control federal spending will get worse.
Our national debt is already 90% of gross domestic product (GDP). By increasing the debt to 100% or more, America could join the ranks of banana republics which have destroyed their currencies and plunged their economies into chaos.
No more federal debt on the backs of our children and grandchildren!
NO NEW DEBT FOR THE OBAMA AGENDA!!


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