Yesterday's Light

Images in Space and Time

Fading Light

Statue of Liberty - Las Vegas

It’s hard to think about photography (or much of anything else) while watching the possible collapse of the American system live on TV.  I know that there are a number of people out there who don’t think anything terribly evil is going to happen if we reach August 2nd without a debt ceiling increase, but I for one disagree.  I think lots of bad things could happen.  I think some of them already have happened.  Heck, the whole world is watching this bizarre performance, and most of them seem a lot more worried about possible outcomes than we do.

Not to mention the folks who rate the bond system.  If things go badly, or even just not well enough, organizations like Moody’s could cut the U. S. triple-A  rating.  Think of it – we’d go from being absolutely reliable to just another shmuck in the pond in a heartbeat.  It’ll be roughly the same as watching your own 800 point credit score drop to 500 or so just because you decided not to pay a few bills.  And when that happens, trying to go out and buy a new car or a house gets a little tougher.  Things can get a lot more difficult very quickly.

Personally, I just don’t get it.  Are we as a country really this stupid?

Perhaps so.  Yesterday I heard a congressmen (I forget who, but he was of the Tea Party persuasion) say that he had introduced a bill recently that would reduce the debt ceiling.  Now, that’s just hard to respond to.  Again, that’s like you or me saying that as of August 2nd we simply aren’t going to pay all our bills anymore.  We’ll pay the interest on some loans and maybe pay the electric bill, but everything else can go to hell.  How do you suppose our creditors will respond to that?  Kindly?  I don’t think so.

So here’s a not so friendly word to President Obama, Speaker Boehner, and all the rest of the idiots we’ve elected to take care of our business: Get it done and get it done in a way that keeps us out of this kind of mess for at least a few years.  There’s lots of other stuff that needs to be taken care of.  I don’t want to be listening to this crap again at Christmas.  It’ll just kind of spoil the season, you know?

And if you totally screw things up and put us into default?  Well, start looking for new jobs.  You’ll have already lost this one.


6 Responses to “Fading Light”

  1. Earl

    Our Washington representatives couldn’t have picked a worst time to lapse into a political spitball contest instead of fulfilling their common duty of doing what’s best for our country. In the best case, what was a slow recovery may stop, reverse into another recession or something even worse. Even if a resolution is reached before August 2nd, damage to our reputation is done.

    Now wouldn’t be a bad time to say a little prayer or at least a positive affirmation — reason doesn’t seem to be finding any traction these days.

    • Paul Maxim

      You’re right, Earl. The damage has already taken place. Without the “deal” currently on the table, it could get a whole lot worse, but it’s not such a wonderful situation already. No winners here, I don’t think.

  2. Mark Hobson

    just remember (from Timbuk 3’s Assholes on Parade) – assholes get elected ’cause assholes get to vote.

    And, even more scary …

    I once heard it said
    that old assholes never die
    they just lay in bed
    and multiply

    • Paul Maxim

      Thanks for the “reference”, Mark. I vaguely remember Timbuk 3, but I don’t think I ever heard “Assholes on Parade”. I listened to it on Youtube, then bought and downloaded it. Great little song – just written about 20 years too soon!

  3. Ron

    Looks like to me that the Tea Party are the only ones bailing water out of the boat. Everyone else is dumping more water in. The debt ceiling is just a small part of the problem. The fact is Moody’s has already warned us that no one has put a plan on the table that comes close to solving our long-term problem. Moody’s will downgrade us. This could happen tomorrow, in six months or maybe a year from now, but at some point in the near future it’s
going to happen. You can’t tax us out of this problem. You can’t spend us out of this problem.

    Also what’s wrong with having a balanced budget. The government spends too much money. We all know it.

    Cut spending now!

    • Paul Maxim

      Thanks for the comment, Ron. The Moody’s remark, though, occurred after the Obama / Boehner deal fell apart last week. Moody’s would certainly accept the Simpson – Bowles recommendations as well as the so-called “Gang of Six” proposals.

      I agree that more taxes won’t “fix” the situation, but they have to be part of the deal. We have to increase revenue and decrease spending. The arithmetic doesn’t allow much of anything else.

      Balanced budget? Not going to happen. Nothing magic about it, anyway. Spending never really goes down; all we can do is try to flatten the slope of the increase in spending over time. A “Balanced Budget” amendment to the constitution would be sheer folly.


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