I am very certain the government couldn not sell the land or auction the oil/gas quick enough to meet the deadline.
I also doubt that GM could cough up the cash either, and certainly the libs won’t ask.
The government won’t do a thing but raise the debt limit. The libs will try to get enough limit just to make it to the end of January so that ‘Romney will ruin the country’.
There have been times when the United States operated with several different sorts of currency, so this is not a real problem ~ modern computer systems should make it work much easier than in the past.
The property values used in this article are way below the actual values ~ some of the hydrocarbon reserves are in the multi-trillion dollar range!