Washington has created a self induced crisis. There is no need for any of this nonsense and I say it is a total disgrace. The country is on the verge of a major financial meltdown for no reason. The big egos in Washington which includes Democrats, Republicans and Teapots need to put everything aside and get together real quick and increase the debt limit.
Remember that first time when they failed to pass the TARP bill. The stock market went nuts. Well this time the country is not going to get a second chance. If they fail to act now, the world will no longer be convinced that the full faith and credit of the U.S. dollar means a thing. When the U.S. dollar is no longer the prime currency of reserve - watch out!
As a CPA , it is obvious to me what needs to be done. I am asking all fellow CPAs to speak up now and tell Washington enough is enough. Here is a simple link to find the phone number of your Congressman - www.congress.org/congressorg/directory/congdir.tt
What do YOU think? Let Washington know.
Thursday, July 28, 2011
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