My one cent’s worth of opinion on our national debt crisis…

So here we are…clock is tick tocking…and the boys…who else…yes, I know there are some women in Congress, but majority rules…so the boys don’t know what the heck to do with a national crisis, that somehow I believe “they,” were involved in creating.

The days of the running their checking account without bother to balance it every month, have come to a screeching halt.

What do you think they are going to do?  According the new IMF’s head, it would have been unheard of the United States of America being considered by rating agencies, to  lower our credit rating as a nation.  We are the number 1 (one) economy in the world.  Imagine what would happen to the Japanese and Chinese economies.  They must be on their knees 24/7 praying to their gods that the boys in Washington get it together.

But…it will never be the same.  This has been a crude reality check for all of us.  I take some responsibility on what is happening, and so should everybody else.  We have been spending, spending, and more spending to our heart’s content.  Spending what we don’t have and having a good time.  Remember the parable of the little ants in the Bible.  We have been all the opposite.  Not learning, as of yet, if you ask me.

My younger generations readers, please save as much as you can every month for your retirement, because before you know it, you will be 62+, now you will have to be 68, and guess what…Uncle Sam a/k/a Social Security will not be there for you, even though you are helping with the fund right now.  Get ready for YORS (your own retirement security).  New language to be adopted.

This crisis is much more serious than we think we know.  As a very dear friend of mine once said:  “it is what they are not telling us that scares me.”  She is on to something.

Now, on the other hand, let’s be positive and hope these guys in D.C. will get their brains together and come up with a solution.  Solution as the one trying to stop a dam’s leak with one finger.  That’s what they are going to come up with probably.

What can we do as a nation?  Be more conscientious when spending and save, save, save for that day when even the government won’t be able to stand on its own feet.  Remember, we are the United States of America.  Let’s not forget that.  What affects one of us, affects us all.  There is no partisan blame here, we got into this together and only together we are going to get out of this situation.  No sarcasm or pointing fingers is going to do it.  Let’s act responsibly whenever we are out and “do I need it or do I want it”  should be our guideline.  I need to remember that.

So it was today…31 July, 2011…two days to “D” Day (Debt Day).

Your Happy Contessa

“Go to the ant, you sluggard; consider its ways and be wise!  It has no commander, no overseer or ruler, yet it stores its provisions in summer and gather its food at harvest.”  Proverbs 6:6-8

4 thoughts on “My one cent’s worth of opinion on our national debt crisis…

  1. Lindsay

    Thank you, I will save for our old age. It will be here before we know it. I do agree with the raising of the entry age limits for people below 55 now.

    Reply
    1. happycontessa Post author

      I know, we the younger generations don’t get it. 🙂 As it is happening right now, we will have to work for the rest of our lives. What’s wrong with that? We love the kind of work such as taking the trip of our lifetime, don’t we. Thanks for reading!

      Reply
    1. happycontessa Post author

      Hi my dear friend, remember, D.C. is cold in the winter, so I will just continue to stir up the soup from the blazing hot South. Even though those people make bundles of money…maybe I should re-think this thing about heat/cold temperatures. Thanks for the idea. It will be a cold day in hot down here before I move back North. I should never say never. I never learn…Thanks for always keeping up with me.

      Reply

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