Watching the debate about increasing the debt ceiling is slowly making me crazy. I am convinced that very few elected officials understand what a massive problem our debt is going to be. I'm equally convinced that most are willing to lie and twist the truth to take a pass on this problem. If they can pretend like they did something then the problem can be passed over to the next generation(s) to deal with. This has been the way of politics for decades and it has to stop.

We have a serious debt problem. In fact, our debt problem is starting to look a lot like Greece and we know how that worked out. Just take a look at the article at http://www.zerohedge.com/article/confirmed-us-fiscal-woe-worse-greece and do a Google search to understand the similarities. We are a country with the equivalent of a credit card problem. We spend and spend and spend. When the cards are maxed out, we simply request an increase and resuming spending and spending and spending. This cannot continue.

The problem is, Washington is not serious about cuts. The Obama administration keeps throwing around talk of 2 trillion in cuts. That sounds impressive but it's not nearly enough. Especially when you're manipulating the numbers and lying about the true impact of the cuts. A big thanks to the Cato Institute for digging into the cuts which turn out to be a series of smaller cuts over a 10 year period. Some of you might say "so what" or "you're getting a cut, what's the problem". The problem is the interest on our debt. We have so much debt that this interest is a huge number and small cuts in the billions a year won't cut it. The interest will be larger than the cuts and the result is a spending INCREASE. This is the games that politicians plan and we all have to wise up. Please watch the short Cato Institute video at http://www.youtube.com/watch?v=we5FUR1Opc0 and learn about this problem.

We have to start to hold Washington accountable. This is not just an Obama administration issue. Countless administrations have been spending our way to oblivion. Obama just is pushing us off the cliff at a record pace. We need real spending cuts and some true fiscal constraint before it's too late. What will it take for people to wake up and put some legitimate pressure on these people? Will it happen while there is still time left to pull us back from the brink of disaster?