Rising Hegemon
America’s ability to pay is neither here nor there: the problem is its willingness to pay. And there’s a serious constituency of powerful people in Congress who are perfectly willing and even eager to drive the US into default. The Tea Party is fully cognizant that it has been given a bazooka, and it’s just itching to pull the trigger. There’s no good reason to believe that won’t happen at some point.
And on the cable networks the effort to spin this as both parties fault was well underway.
If there is a way to pin this upon Democrats it is ONLY to the extent they are willing to be economic Neville Chamberlains and waive about the Debt-Ceiling deal as "Peace in our Time".
But in the end, that is like blaming the abused spouse for not walking away, there's only one real villain here (although as Res said S&P have volunteered for the role of Quisling).
2 comments:
Umm, in no way, shape or form are either Obama or the Dems in Congress "abused spouses."
It's not even an appropriate metaphor.
They are elected officials who cooperated in extortion.
campaign bribery $ more important.
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