Ronaldus Magnus in 1983: <i>The full consequences of a default &mdash; or even the serious prospect of default &mdash; by the United States are impossible to predict and awesome to contemplate. Denigration of the full faith and credit of the United States would have substantial effects on the domestic financial markets and the value of the dollar in exchange markets. The Nation can ill afford to allow such a result. The risks, the costs, the disruptions, and the incalculable damage lead me to but one conclusion: the Senate must pass this legislation before the Congress adjourns.</i>
If you&#039;re a Federal Government looking for spare cash to pay your bills while waiting on the Grand Obstructionist Party, looting Fed workers&#039; retirement plans is Ok.
Of if you&#039;re a Private Industry looking to bid on some previously publicly-funded services, that&#039;s OK too.
Poors and other corporal Non-Corporations aren&#039;t invited to this looting party.
But but but but THE HEATHEN CHINEE ARE GOING TO FORECLOSE ON US AND ALL WE&#039;LL HAVE IS A BOWL OF RICE AND MAO&#039;S LITTLE RED BOOK!!11!!!
this means we can start a new war right?
Ronaldus Magnus in 1983: <i>The full consequences of a default &mdash; or even the serious prospect of default &mdash; by the United States are impossible to predict and awesome to contemplate. Denigration of the full faith and credit of the United States would have substantial effects on the domestic financial markets and the value of the dollar in exchange markets. The Nation can ill afford to allow such a result. The risks, the costs, the disruptions, and the incalculable damage lead me to but one conclusion: the Senate must pass this legislation before the Congress adjourns.</i>
I forget. Do we start looting now or later?
Depends on who&#039;s asking:
If you&#039;re a Federal Government looking for spare cash to pay your bills while waiting on the Grand Obstructionist Party, looting Fed workers&#039; retirement plans is Ok.
Of if you&#039;re a Private Industry looking to bid on some previously publicly-funded services, that&#039;s OK too.
Poors and other corporal Non-Corporations aren&#039;t invited to this looting party.
Is anyone else getting creeped out at the way The Grover Norquists have been fondling their bath toys lately?
But but but but THE HEATHEN CHINEE ARE GOING TO FORECLOSE ON US AND ALL WE&#039;LL HAVE IS A BOWL OF RICE AND MAO&#039;S LITTLE RED BOOK!!11!!!
Tea Party hissy fit in 3, 2, 1...