Already the AAA Credit rating of America is damaged to a point that along with greedy speculators it is driving oil prices up. When oil goes up down goes your buying power. Inflation will hit making the cost of everything much higher and jobs will be lost. Meanwhile the politicians are saying Cut spending, even President Obama, Nancy Pelosi and Harry Reid have joined in on the band wagon. So why the reverse in trend? From 2006 till date under Democrat Control of Congress and the Senate, the debt ceiling has grown from 6 trillion to 14.3 trillion dollars. President Bush had no veto power and was forced into signing the Medicare Prescription plan, however he was for it. President Obama has entered into his campaign mode and promising the moon, this time its compassion instead of Change. Tax the rich, yet if you raise the taxes on small business owners who put up two and one half million dollars into their business to only clear $250,000, that 10 percent  profit which mainly goes back into the business for operating capitol, they have no choice but to close down and lay off workers. Taxing the rich campaign gimmick does not really work in actuality, but it drives votes to them who pose the money gap as bad big business. The solution is cut spending and tighten the money belt. Live within our means. If we don’t get tough and close down non needed agencies we all will be closed down. These Politicians are con men, tell the public what they want to hear just to get votes.
Ed McGarvey
Hooversville
