Message from Todd Rokita

Rep. Todd Rokita

Rep. Todd Rokita (Photo credit: Wikipedia)

Message from Todd Rokita, Congressman from Indiana‘s fourth district. He believes that we will not default even if the debt ceiling is not raised. It is thinking like this on the part of the TEA Party GOP that is causing the present disaster in Washington, DC.

“As you probably know, the United States is rapidly approaching its borrowing limit.  There has been a lot of talk in the media that the sky is falling and the United States will default unless we raise the debt ceiling, borrow billions more from China and others, and leave the tab for our children and grandchildren.

“This is not true.  According to estimates from the Department of Treasury, the Congressional Budget Office, and the Bipartisan Policy Center, the truth is that the federal government makes somewhere in the neighborhood of $18 and $20 billion dollars in interest payments to our creditors every month.    The federal government takes in around $200 billion in revenue every month.   Given this cash flow, the United States will not default on its creditors.   What we cannot afford to do is continue to spend money we do not have.

“The credit rating agency Moody’s—one of the agencies that rates the creditworthiness of the United States and other governments—said recently that, “We believe the government would continue to pay interest and principal on its debt  even if the debt limit is not raised, leaving its creditworthiness intact.” 

“Failing to raise the debt ceiling would lead to sudden spending cuts and economic disruption.  I am opposed to balancing our budget in such a sudden and thoughtless way.  But continuing to pile debt on to the $17 trillion we already owe is dangerous and will lead to the same potential for economic upheaval as we have seen in nations like Greece.”

If the US follows Greece’s lead, it will because Todd Rokita’s brand of politics gets us there.

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2020 Olympics

Location of Tokyo within Japan

Location of Tokyo within Japan (Photo credit: Wikipedia)

Tokyo has been selected to host the 2020 Olympics. Not only will all the events be shown tape-delayed in the US because of the time difference, all the athletes will be forced to compete wearing protective gear. Cameras will be remotely controlled from underground bunkers.

On a more serious note, choosing Tokyo or any site in Japan now is a bad idea. The disaster at Fukushima is growing worse. Who knows what conditions will be like in seven years? Shortly after the earthquake and tsunami, the Japanese government consulted with the government of China about evacuating all of Tokyo and the surrounding area to an unpopulated area in a remote part of China.

Bushmaster

The AK-47 was first adopted in 1949 by the Sov...

The AK-47 was first adopted in 1949 by the Soviet Army. It fires the 7.62x39mm M43 round. (Photo credit: Wikipedia)

The American-made Bushmaster assault rifle used in Newtown and elsewhere has a list price of $2685.00. I am surprised that discounters do not offer a cheaper made-in-China version so that more people can afford to arm themselves. The Chinese version would have the advantage for the rest of us that it would be poorly made and might jam more often, saving lives.

Once too often

The Bantam Jeep came in many configurations. T...

The Bantam Jeep came in many configurations. The 106th Bantam vehicles were equipped with .30 caliber machine guns or mortars. (Photo credit: Wikipedia)

In Ohio, Mitt went to the well once too often and has come up dry. Lying worked well for Mitt until he lied about Jeep moving jobs to China. His lie has been refuted by most media and most auto manufacturers. The voters in Ohio are starting to believe that Mitt does not respect their intelligence. It is going to change a close race for Obama into a rout.