Socialism has a 100% failure rate; why is Europe turning away from socialism yet America is running toward it? Glenn lists off very important dates throughout the year and what these dates to mean to us and to Congress; April 15th (budget deadline), November 2nd (midterm elections), December 31st (Bush tax cuts expire) putting the upcoming republican controlled congress into a ‘damned if you, damned if you don’t” situation. Glenn also covers the raising of the ‘debt ceiling’ (Congress’ credit card) from $11.3 Trillion to $14.9 Trillion, and the decision the republican congress will have to make in March, 2011 when it comes to raising the debt ceiling yet again.
Glenn Beck, 10.18.2010; The Politics Of Debt
by Logistics Monster | Oct 18, 2010 | Economy, New World Order