We want the Government to stop issuing debt to cover spending. The Government has a spending problem and is incapable of fixing it. Politicians stay focused on more tax revenue and debt. Next election we can fire them for raising our taxes. Now we must stop them from incurring more debt. Remember, they make the rules and changed the rules after the money was invested in GM Bonds. Sacramento is now defaulting on their debt, but protecting the spending programs that should have been paired back. Investing in government securities used to be a smart move. Now there is RISK. Stop investing in city, state and federal debt until they fix the spending problem.



