Who do you prefer, republicans or democrats? I am a registered democrat myself, although, I will admit to being flustered by both parties. In my opinion, the party that dominates in today’s politics is green – and I don’t mean the Green Party.
I was just reading in the Daily Kos about a new law, H.R. 421, introduced by Rep. Tom McClintock of California, that “require[s] that the Government prioritize all obligations on the debt held by the public in the event that the debt limit is reached.”
In other words, this bill would prioritize payments to China, for example, over our own citizens should Congress not raise the debt ceiling. Bottom line, if were down to $100 (put in simple terms) and the U.S. owes China $100 and you $100 in Social Security money, let’s say… China gets paid first.
Alvaro F. Fernandez
