CummingHome.com Local news, events, and business from Cumming, GA and Forsyth County

You tell'em Mr. Wilkens! Those Skunks and Polecats up in DC have been so used to lookin out for themselves for so long, that they have plumb forgot how to look out for the country. Down here in Nankipooh we have a hard enough time just gettin the Mayor to do right, much less those professional politicians up in DC. Its time we got some honest citizens to run the government rather than a bunch of self-serving liars and cheats. Now that's the way I see it, and you can tell'em I said so.

There is no doubt interest rates on long term debt will go up. That will increase the borrowing costs for mortgages further depressing the housing market.

However Yields on short term debt spiked this week as investors took money from the equities and put it into precious metals and short term Bonds.

Tom Graves vote this week was prescient, economically intelligent, principled, and frankly the right vote.

The debt deal vote last week is far more important and far reaching than Obamacare. Obamacare will just not work and collapse on its own. Sure we will all suffer from it, but it won't work. However when the dollar collapses because we can no longer sustain this debt ... we will all suffer horribly.

This says more about the credibility of Standard & Poors than it says about the creditworthiness of the United States of America. The company exists only because of the USA and the strength of its government and its people.