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Old 07-10-2011, 12:37 PM
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MS Fowler MS Fowler is offline
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Quote:
Originally Posted by t walgamuth View Post
They will have to come to some agreement.

The alternative is just too destructive to contemplate.
Are they, or is that more democrat hysteria?
Defaulting on the debt is bad, I will agree with that.
However, defaulting is not the only, or even the sure result of a failure to raise the debt limit. Perhaps Congress could then prioritize their spending, and continue to pay the interest on the existing debt. I know, that grown-up behavior is also unlikely, but it points out that there are alternatives to defaulting. I fear the dems actually desire the impasse and their friends in the major propaganda outlets will help them blame the repubs--who are not entirely free of blame.

Dems want repubs to compromise on their "no taxes" stance, but where are the dems compromising? Still seems as if they are governed by that old saw, " From each.....to each....."
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