[quote=SK in CV][quote=no_such_reality][quote=6packscaredy]What’s the worst case if they cannot compromise?[/quote]
Well, either Wall Street and the world investment community reacts the way they did to the shutdown and ignore it or the don’t.
Either we mint a trillion dollar coin or we default on our debt (or do we?) I don’t think we do, all they have to do is appropriate a modest sum to paying the interest.
So 50% investment collapse, or nothing.
Who knows. I tend to lean towards more chaos rather than less.[/quote]
We don’t need a trillion dollar coin to solve this problem. We need a continuing resolution to appropriate funds so the government can spend money. [/quote]
The Senate already rejected that.
I want the coin. It should be small, like a dime, made of 100% tin and not shiny. Obama should hold it up and say watch this, turn to Lew and hand it to him and say, make a deposit and pay our bills.
Just for sh*ts and giggles.
In all seriousness, the Media is being complete whores on this topic and could do the world a favor and really report the complete obstinance and idiocy occurring from both parties on it.
The Republicans will lose on this one and be perceived as even more disruptive and petty. Sadly, that will actual play well in somewhere between 33%-51% of the house districts.
