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The government, and Obama especially, is not stupid. With Republicans in the public crosshairs, they would be able to achieve the correction/collapse with liability moved away from the current administration.
jimmyx
the president will not allow our government to default...it is written into the constitution...sec. 4 of the 14th amendment...and here is how the supreme court would likely rule.
www.newrepublic.com...
TheNewRevolution
reply to post by SadistNocturne
Not so much a question as it was a hypothetical. As others have no doubt put it more bluntly: could this entire shutdown be a setup for the actual collapse. I am just linking bits and pieces together, the QE reports, the stock market fear mongering, the debt ceiling and the risk of default. Wrap it all together in a nice bow tied package and you have the ingredients for a man made disaster, something that NEEDS to be done to the economy sooner or later. Now they have an excuse to do it now and get it over with, placing the blame wherever they feel it is most necessary.
TheNewRevolution
reply to post by SadistNocturne
It all depends on what you believe I suppose.
I voted for Barry... both times... (the 2nd time was for my 10 yr old who can't vote and since I wasn't going to vote at all, it seemed like a good idea