The Mad Parson

This is meant to specifically tie Democrats to the financial meltdown, but what I find interesting is the part about Illinois’ underfunded pension plan.  Of course, this type of thing was all over the news a couple of years ago, and has since given way to even bigger economic problems on the front page of your trusty local newspaper (”he typed, with a sarcastic smirk on his face”).

Overextended debt always comes back around, and we Americans are in love with debt.  From personal consumer debt that gets us fifty two inches of delicious flat screen high definition viewing ecstacy to the governmental debt used to underwrite crippling entitlement programs, we seem to have forgotten that we actually have to pay that stuff back at some point.

Gluttony and greed are two of the traditional cardinal sins, and they converge at that place called debt.  We’ve so egregiously overextended ourselves that the plausible outcomes are quite intimidating.  The results are now coming back to us and will continue to do so.  And it’s going to hurt.