Worry Not

Yes, I’m back from vacation. I know. You didn’t even realize I was gone.

Well, it wasn’t really a vacation. It was 9 days at Fall Creek Falls State Park with about 70 of my wife’s relatives. No it wasn’t as bad as it sounds.

Actually there is a little good came about while I was there. Perhaps I should relate that before preaching on the topic of the day. Each family is assigned a meal to cook. They either produce their specialty or whatever is easiest to prepare for that size of a mob. Hot dogs and hamburgers are de rigueur for the 4^th. Diet food, it ain’t.

That’s the problem. I overcame seven books on economics in the past couple of months. Why? Research on my next book.

I needed a break. So, I did some Internet searching for ideas on nutrition and downloaded to my Kindle 3 books that seemed to make sense. Okay. So it’s my form of recreation.

Actually, as age and weight have crept up I have been tested for diabetes, metabolic rate, tumors, everything. It’s nice to know I don’t have any of those problems but there were no definitive answers. Nothing seems to work.

The good news? Having just begun reading 2-3 days before the trip, I was far from having mastered the subject. Again, their wasn’t any diet food in sight. Considering those conditions, I am shocked that I lost over 7 pounds. I was not reducing calories. None of it was the fluid loss that causes many diets to look good the first week or so. The theory is that it’s what you eat, not how much and that your body will find its own ideal weight. I hope so.

I didn’t starve. I didn’t explore the great outdoors. My arthritic joints and ever-present cane have trouble navigating a round trip to the rear of a Walmart. But now, back to the topic of the day.

Dancing On The Ceiling

What is going to happen with regard to the debt ceiling? What will happen if it isn’t raised? The truth is that no one knows.

But, how do I answer the question? I am neither a prophet nor a fortune teller. They are different. Prophets don’t predict the future. Most everyone misunderstands. A prophet passes on messages from God to the people. Most fortune tellers are gypsies.

Neither Oral Roberts, nor Bob Jones, nor Jerry Falwell’s Liberty Bible College is on my résumé. I am not a gypsy. I’m just going to rely on my unfamous (infamous?) ability to see through political BS.

First, they will not recognize the unconstitutional nature of the debt ceiling law. Politicians prefer complex and obscure machinations. They offer opportunities to hide from and/or misrepresent to their constituents what they are really up to. They are not fans of Occam’s Razor.

The debt ceiling will be raised. The Republican leadership in the Congress publicly assured Wall Street that it would. The Democrats’ action was never in doubt. Both are owned by the casinos and have heard  their master’s voice.

There possibly is a horsefly, or the rear of a centaur, in the ointment. Eric Cantor has put Speaker Boehner under siege in his quest to satisfy his ego, his desire for John’s job. To do this, he has decided to sell his soul to the Tea Party. Why is it so common for a centaur to be looking to the rear?

By some counts, Eric can muster more votes from their caucus on this issue than can John. Eric hopes that will translate to votes for John’s office. That explains Mitch, over in the Senate, showing the white flag with his Rube Goldberg proposal.

Dissension among the Republicans in the House has given Obama a chance for victory. I have trouble crediting the White House with mature, nuanced strategizing but they have made a helpful move or two; even if by accident.

This hullabaloo about the debt ceiling is mere political posturing. It has been brought in to the game solely for political reasons. The last Bush raised the ceiling 7 times. St. Ronny did it 17 times – yes, 17. There should be a clear-cut severing of the problem and the play.

Obama should say that the question of the debt ceiling will stand on its own. Vote it up or down. Let the people decide who is jeopardizing the world economy.

Since I see it as almost a given that the ceiling will be raised, what remains in question is the timing. The financial world may be foolhardy gamlbers with other people’s money but they are cowards when their own neck in on the block. They are getting skittish.

One final point. The Treasury has actually borrowed more money from the Social Security and Medicare trust funds than from China or anyone else. That money may have been borrowed by Congress but it isn’t theirs.

If creditors are to get paid while others stand by, Social Security and Medicare should be at the head of the line. They are just getting back their own money. That is not the same as the oil, agricultural, drug and other industries holding out their hands for subsidies.

The President has been speaking about the possibility of Social Security checks not going out on time. That is pure political theater. It is scare tactics. No group shows up at the polls in higher percentages than do seniors. No one wants to alienate them. Enjoy the show but live in reality.

Just remember the problem. Our economy is sick because there is insufficient blood (money) flowing through the system. Sending money to China and not letting seniors put it back into our economy would be the height of stupidity.

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