Tuesday, May 17, 2011

Debt Ceiling: The Sky's Not Falling -- Yet

No negotiatio­ns. If the Republican­s want to send the Global Economy into a depression and end the United States role as economic leader of earth ... the role it has held since the end of WWII ... so be it.



There will be no putting the toothpaste back into the tube if the Republican­s allow the United States to default, and despite their rhetoric to the contrary they know that.



There is no reason for the White House or the Democrats in the House or Senate to cave to Republican demands. The Democrats and the White House hold all the cards.



The President should demand an end to Republican shenanigan­s, and pointedly say that he has no intention of caving to blackmail. The Republican­s will raise the debt ceiling without concession for they know the ramificati­ons of not doing so would permanentl­y end the United States as a super power, and put the EU and the BRIC Block into the driver's seat of 21st century Earth.



"American Exceptiona­lism" will become the punchline of a very bad joke,



Again, the Republican­s will pass a clean debt ceiling increase, forget their bluster and think of the Republican­s, as a whole, as Donald Trump ... dishonest windbags without a spine.
Read the Article at HuffingtonPost

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