Thursday, August 4, 2011

Mark Warner Explains His Vote

When you're deeply in debt, what's the first thing you do? You don't borrow more money; you reduce spending. I signed a petition to this effect and received a nice (generic) e-mail from the office of Senator Mark Warner, pointing out that if Congress hadn't "compromised" on raising the Debt Ceiling, all the voters and taxpayers who pay mortgages and use credit cards would have been feeling the blow.

The Senator made an excellent point. I don't pay a mortgage or use a credit card. I recommend that others try to wean themselves off these things too, because the money you're spending to pay interest is not doing any good to anyone you're likely to want to do good to. But all of us need to think frugally if we hope to achieve a more frugal nation

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