200 Million? that should go here,we need our business sector funded more than some Islamoanimals.
Remember, the reason for increasing the debt limit is to allow the Obama Administration to suck all of the money out of the market to prevent US private industry from borrowing. As long as the Gov is hijacking the dollars with excessive debt and regulation it keeps the private industrialists and small businesses from stepping into the water by expanding or hiring. This creates the dependency on government by citizens for their existence and keeps them begging for help only the government can provide.
This fight is for the minds and hearts of American citizens; will we be free and independent earning our way through our personal efforts or will we live as serfs depending on our liege lord for our subsistance living while singing his praises.
It’s tough enough to compete with legitimate competitors in the market let alone compete with a government with an unlimited credit line that can put you out of business with a stroke of the pen. The government of the Obama administration will allow no competition and are using the power of government to create willing allies in the banking community.
As long as the banks can loan America money for a profit through buying T bills (bought with TARP/stimulus money), there is no need to risk this free money in the market place by loans to private businesses (who might fail). No wonder they are seeing record profits while the economy burns. These globalists have no problem playing along with the administration.
Not a surprise to me.