E notes

When we examine the social and political affairs of modern-day man we are addressing those sacred institutions “It’s a subjective answer.” It could mean a collapse in the institutions or the fabric of the society around you and within which we live. And such declines are relative: a citizen living in a wealthy country might consider it a collapse if their living standards were to drop to those experienced by most people in the world. This is a potential reality if Congress doesn’t balance the budget. Most Americans take this concern too lightly not understanding the repercussions.

Democrats claim that During former U.S. President Donald Trump’s presidency, Congress raised the debt limit with bipartisan support and no budget-cut preconditions on three occasions — in 2017, 2018, and 2019 — although the 2019 budget bill did require a commitment to $77 billion in administrative “offsets” to partially make up for sharp increases in defense and domestic spending.

CNW Staff Report

As a new, small family-owned business in the Kenwood & Hyde Park neighborhood, the staff and owners of Beggars Pizza at 47th & Lake Park feel grateful for the opportunity to serve one of the most beautiful and historically rich neighborhoods on the South Side. Beggars Pizza in Kenwood/Hyde Park credits its success to a strongly rooted familial-communal foundation, whether it’s sponsoring a nearby youth league, fundraising for a local shelter, or instilling a philosophy of growth and mentorship within our staff, Beggars strives to make a difference in their community. Together with the already renowned and established “Beggars Pizza” brand, the store wants to make a lasting impact and provide the penultimate customer experience to the Kenwood & Hyde Park neighborhoods.

A report from the White House Council of Economic Advisors in October 2021 warned of the possible effects of the U.S. defaulting, which include a worldwide recession, worldwide frozen credit markets, plunging stock markets, and mass worldwide layoffs. This puts America in a weakened position of strength and the power to influence. Ultimately it means the country defaults on its bills, runs out of money, and can’t borrow any more. Treasury Secretary Janet Yellen said, “It would lead to an economic catastrophe.” The former Federal Reserve chief, also said, “that Biden’s choices are either an ‘economic and financial catastrophe’ or a ‘constitutional crisis.’” When should Biden utilize the 14th Amendment, a never-before-used tactic to stop just short of the economic abyss?

Last Tuesday, Biden said that he has “been considering the 14th Amendment.” However, he wants certainty around the constitutional use of the 14th Amendment as it pertains to the debt ceiling.

This is where we are folks as the deadline is upon us. This can clearly bring our world power standing down a notch or two.