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Old 07-15-11, 01:34 PM   #1
Armistead
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Join Date: Dec 2008
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Default Will we default on our debt.

Seems both sides are sticking to their guns, but we're close to running out of time. Bond raters are threatening, the world is looking. Many economist predict it would throw us into another recession.

Seems the issue is taxes. Obama gave a lot regarding spending, the GOP is holding the no tax line. Obvious, it's all about politics and coming elections, who will blink first and who will be able to point the bigger finger of blame, seems that's all they care about.
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