We shall leave this world as foolish and as wicked as we found it when we arrived.

- Voltaire

Thre Will Be No Default

Like the junkie who tells you if he does not get another fix now he will die, the default is mythology. May we suggest the following to inform the curious:

No, Failure To Raise Debt Ceiling Won't Cause Default

The U.S. Debt Ceiling Fallacy: Agreement Or Not, There Will Be No Default

We offer these because in talking with fellow members of the citizenry who were generally informed, they were not aware of this information. They feared default.

How tragic your government wishes you to fear. Those in power do not want the consent of the governed as much as they desire the desperate fear of the governed.

posted at 10:11:29 on 10/14/13 by clearpolitics - Category: Economics - [Permalink]

Previous | Next


No comments yet

Add Comments

This item is closed, it's not possible to add new comments to it or to vote on it


Please visit our sponsors: Moneyspot.com

Please visit our sponsors: Spreadware.com

The Gross National Debt