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In the last 24 hours things took a dramatic turn in the fight over whether we'll default on our debt.

If the US "defaults" on its interest payments, there is only one place to look - the boy king. We take in $170-200 Billion in Aug and the interest payments are about $29 Billion. If nothing happens to the debt ceiling, the only way the USA can default is when boy king tells little timmy to NOT issue checks.

STOP IT WITH ALL THE LYING AND SCARE TACTICS.

Hey !! why ruin a good 50th Birthday party !! scheduled for the President...free campaign coverage for 2012!!! should Obama pull it off--eat, drink & be extra extra merry!

Will the checks still go out to social security recips, entitlements; etc.? Yes.
Will anything change from government doing business one day to the next? No.
Will our credit rating drop? Could, either way.
How will the world see us? The same as they saw us yesterday and the day before and the day before that.

Since 1981, there have been five government shutdowns. Four of the last five government shutdowns went largely unnoticed by anybody but the federal employees affected. But they get paid either way.