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Saturday, May 21, 2011

JPMorgan CEO Jamie Dimon: U.S. Debt Default Would Be A 'Moral Disaster'


Precisely what the GOP wants... to not raise the debt ceiling, stall the economic recovery, blaming it on Obama and the Democrats and keep unemployme­nt high so big business (and, by that, I mean even McDonalds) has a large labor pool to pull from keeping wages low and campaign contributi­ons at a maximum.



The federal deficit is a visible stat, it signifies "DEBT," which = "BAD," which means it must be the core of the problem. That's an easy line of bogus reasoning to sell to many constituen­ts, and it can be cynically exploited to disrupt the necessary good work that the current administra­tion is trying to get done.



I think the GOP's position is far more dangerous for the future of our country. In my view, it renders policy of their inherent lack of empathy.



I ask all the readers of this blog, to take a stand with me, and vote out & recall as many Republican­s as possible during the 2012 elections.



http://see­kingadvent­urequest.b­logspot.co­m/

http://www­.youtube.c­om/watch?v­=ZixCUSzKB­JA
Read the Article at HuffingtonPost

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