I think Senator Warren's explanation is simple and quite eloquent. She doesn't mince words and at the same time, explains what the current financial crisis is really about and the imminent disaster approaching in days, not weeks or months.
What it boils down to in the street vernacular of my native Boston suburbs is this here is a wicked pissah of a crisis, the result of "dine and dash." (You may also know it as "dine and ditch", "eat and run" or "beating the check") But it all means the same thing. And Congress is playing games with our government now matter which way you cut it.
Sen. Elizabeth Warren (D-Mass.) issued a stern warning against allowing the U.S. government to default on its debt, and blamed Congress for the government's current fiscal impasse during a Wednesday speech on the Senate floor.
“We’re in this position for one reason, and one reason only: Congress told the government to spend more money than we have. Congress told the Treasury to run up our debt to pay for it. But now Congress is threatening to run out on the bill,” Warren said. "If that strikes you as bizarre, then you are not alone."
The Massachusetts senator and consumer rights activist/protector spoke firmly, precisely and points fingers. If you want to enjoy seeing someone stand up for you and me, to nail the wrong-doers for their reckless and irresponsible behavior, here you go:
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