DEBT DEBATE
Easy to play games when you can't lose
Default and bankruptcy are two things that real people avoid like the plague, because these things would affect their lives in tangible ways, like their ability to own a home, to feed their kids or to send them to college, or maybe even to retire someday.
But for the very wealthy and powerful, or for legal persons such as corporations, default and bankruptcy are just clever financial management tricks, taught to MBAs, played out with someone else's money and lives, not their own. Witness Donald Trump and the Wall Street debacle of 2008, among others.
Helps explain what's happening in Washington: The power players won't really be affected, other than maybe seeing their power tweaked a bit, but for us real people, it just might be devastating.
MIKE BURKE, MINNEAPOLIS
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'THE COFFEE PARTY'
And, friends, they may think it's a movement
I am an ob/gyn physician and mother of five. I am a Christian who tries to live a social-justice agenda by volunteering in my community and using my skills each year to help the people of Haiti.
I work with both my children and patients daily trying to find compromises that are livable for all of us. I make sure the bills are paid at the end of each month and that we have not spent more than we can afford. None of this is extraordinary, but it seems to be something the elected officials in Washington are unable to practice.
Therefore, I would like to start a new movement in opposition to the "Tea Party." The "Coffee Movement" is for all those Americans interested in compromise, less government spending and more revenue via increased taxes on those with the highest incomes.