Tuesday, July 26, 2011

dancing on the ceiling

is anybody else getting the feeling that obama really wants to cut entitlement programs and is using this situation as a means to get the cuts while blaming the republicans for it who have always wanted it? i'm not on the side of the republicans, don't misread that. i just wonder who really wants what.

or are we seriously trying to default on purpose under the guise of some sort of back and forth ideological argument that doesn't really exist? i mean, the two parties are the same. both are bankrolled by the same global corporations. is there an advantage to defaulting? i mean, is this a response to all the money printing of QE1 and QE2 that didn't work? defaulting will make interest rates go up by the natural downgrade of our debt courtesy of the rating agencies. is this a means of forcing rates up by blaming the ratings agencies? i don't know. but something seems off here. ignore the rhetoric. ignore the back and forth. people, they're on the same team. what do they have to gain by a default? i guess we'll wait and find out.

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