I don't know if you guys realize this but yes we do need to raise the debt ceiling. Though even if it was not. It does not mean the U.S. is going to default. We are still bringing in and have cash. We also are still making payments. The only thing we would not be able to do is borrow. So yes its not good, yes it could bring a downgrade in the U.S.'s rating. Though it would not be the death or the end of the U.S. Seriously everyone has started over dramatizing this whole damn thing.
The idiots in Congress as well as the President are to blame here. Both sides should be saying ok its time to make concessions and strike a deal.
We saw this same shit go down here in California and both the Governor and legislature proved they could not put their own prurient interests aside for the sake of the state.
I hope the President and Congress prove not as lame.
Last edited by drift freaq; 07-28-2011 at 02:05 AM..
Reason: typo
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