Fox Nation:  Uncle Sam is about to start borrowing from his nieces and nephews to stave off the immediate threat of default.  Treasury Secretary Tim Geithner has informed members of Congress that, with the US government reaching the $14.3 trillion dollar debt ceiling Monday, his department will have to turn to a string of last resort measures so that the government can keep paying its bills.  At the top of the list is a plan to suspend investments to two government employee retirement funds, while borrowing from one of them.  Geithner stressed that the move will not affect Federal workers and retirees and that the accounts will be paid back once the debt limit has been increased, but he ratcheted up his call for Congress to take action soon.  "I have written to Congress on previous occasions regarding the importance of timely action to increase the dept limit in order to protect the full faith and credit of the United States and avoid catastrophic economic consequences for citizens. I again urge Congress to act to increase the statutory debt limit as soon as possible," Geithner wrote in his letter to Congress Monday.  

My Comments:  With the predicament the US is in, you would think there would be a call to cut frivolous spending on all sides, but no, there is a ridiculous call to raise the dept ceiling again!  Our debt is so high now that the Treasury Secretary is dipping into the retirement funds of government employees.  Social Security is not far from bankrupt on account of this very thing!  It seems the government is making very sure no one, absolutely no one, except the very rich (they are always excluded), will have their own retirement funds, so the aged will be totally dependent on the government for handouts.  We shouldn't be surprised; this is what socialist governments do; it's how they operate.  I could make a suggestion for starters, Michelle Obama could get rid of 21 of her assistants in the White House, and have one, as did many first ladies before her, which should save tax payers about 6 million throughout her term.  Oh, and Barack Obama could try and get our 700 million dollars back that he sent to the Middle East to refurbish Muslim mosques.  That should get us going in the right direction, wouldn't you say?  Honestly, doesn't common sense tell anyone that when you are way too far in debt, it's no time to get a credit limit increase and keep borrowing more money?  Shoot fire, I can do a much better job myself.  The first thing I would do is cut credit to the Obama administration!