Clo,
Your statement is correct: DEFAULTING would create soaring interest rates.
Failure to authorize new deficit spending is NOT tantamount to defaulting!!! This is a pretty simple thing to figure out, and it is 100% backed by history -- so why is it causing you difficulty?
NEW DEBT DOES NOT MEAN PROSPERITY.
BUDGET DISCIPLINE DOES NOT MEAN DEFAULT. Obama and his toadies (in both parties) are knowingly and deliberately fearmongering this issue. They are openly and unquestionably LYING -- attempting to DECEIVE THE ELECTORATE. Is this kind of reprehensible behavior, the kind which would bring a smile to Hitler's face, OKAY with you? Will you VOTE to have the PROPAGANDA continue? Will you accept LIES in place of facts and logic and morality?
Indeed, "the last nail[s] in our economic coffin" are EACH INCREASE OF THE DEBT CEILING. We don't know how many "nails" it will take but each additional "nail" brings us closer to suffocating to death in an inescapable coffin. How many more "nails" do you WANT, Clo? HOW MANY MORE "NAILS" ARE YOU GOING TO HAND TO THE CRIMINAL IN THE WHITE HOUSE? Stop complying. Stop playing the non-thinking, reactive fool. Get your own head straight. THINK for yourself -- and start by ALWAYS questioning "authority", BEGINNING WITH THEIR IMPLIED DEFINITIONS OF WORDS AND THEIR JUNKO LOGIC CHAINS!! If you let someone redefine a word or get away with junko logic, you are theirs to manipulate. If you want out of the coffin, the debt ceiling actually needs to be lowered, and lowered, and lowered -- nails need to be removed not added -- UNTIL THE GOVERNMENT SPENDS NO MORE THAN WHAT IT CAN AFFORD WITH CURRENT REVENUE.
You KNOW what the consequence would be if you or someone you know, or any business, or any other country were to repeatedly spend more than they earned. Isn't that simple logic -- even if that person or company or country had a lot of open credit lines to begin with? So why do you SET ASIDE your own good judgement when a professional LIAR and proven toady to Goldman Sachs tells you to "hope" and trust him?
The small issue here is the budget. The BIG issue is the American people who apparently have gone stupid and/or insane and can't distinguish logic from nonsense, and lies from truth.
You REALLY are going to support a President or a party which systematically and deliberately is ALWAYS working to deceive you and hand over more loot to the banksters? Surely, you wouldn't be that naive and self-destructive in your personal life? Surely, at some point, you would wake up and take your life and finances back?
When would now be a good time to change, Clo? Do you think if you follow proven liars and pederasts long enough their lies will somehow, magically, turn to truth and lead all the little kids to the good life?
As for the "republican" connection, Clo, you know I was no fan of GWB and I am not a fan of the Republican party, either. But "bad cop - good cop" is the oldest and most common con in the book, Clo ... and you seem to have fallen for it hook, line, and sinker .... Wake up. Better sooner than later!
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