Here's what I think...

Thursday, June 30, 2011

Stalemate on the Debt Ceiling

Neither side will budge. Neither side will compromise. Neither side will win. Ah, but who will lose?
Hard to say right now. Give it a few weeks.

Will the banks close? Money dry up and disappear?

Will government employees find themselves out of work and out of money? Will soldiers in Iraq and Afghanistan be logistically abandoned?

Will the battered remains of our 401k's, pensions and investments join the trash heap that took such a chunk of them in 2008? Will the trucks and trains that cross the country bringing us the very food we eat stop running?

Will the western wildfires wage un-fought? Will criminals take over our streets as furloughed policemen stay home?

Will oil producers stop sending oil to the U. S.?

How the hell should I know? Or Congress either for that matter?

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